Wideman Comparative Glossary of Project Management Terms v5.5

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Wideman Comparative Wideman Comparative Glossary of Common Project Management Terms v5.5 is copyright © R. Max Wideman, 2000-2017.

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Last updated 12-22-17

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Master Glossary

Stage Gate - to - Standards

	Term Definition Editor's Choice	Cat	Source
	Stage Gate See Control Gate. [D06277]	GJN CHM
	Stage Manager The person responsible for the management and successful completion of the stage. [D01889]	GJ CHM	WST
	Stage Payment Payment part way through a project at some predetermined milestone. [D04530]	N CH	APM BS
	Stage Plan A detailed plan used as the basis for Technical Management control throughout a Stage. [D05505]	N	PRNC2 2009
	Stage Resource Plan A plan with all of the details of the required resources for a stage. [D01890]	N	WST
	Stage Teams A team built to complete a stage. [D01891]	N	WST
	Stage Technical Plan A plan that states all of the technical products, activities and quality controls of a stage. [D01892]	N	WST
Index of all terms Top of Page	Staged Completion Projects See Projects, Staged Completion. [D06278]	FGJN CHMT
	Stakeholder One who has a stake or interest in the outcome of the project. [D01894]	FGJ CHMT	FWH
	Anyone who has a vested interest in the project. [D02325]	J C	PPS&C p39
	A person or group of people who have a vested interest in the success of an organization and the environment in which the organization operates. [D04531]	J	APM BS
	An individual who is materially affected by the outcome of the system. [D04775]	J	RUP
	Any individual, group or organization that can affect, be affected by, or perceive itself to be affected by, an initiative (program, project, activity or risk). Editor's Note: Parties that are only affected by, or perceive themselves to be affected by an initiative (program, project, activity or risk) are better referred to as "Constituents". [D06279]	J	MoR-UK
	Stakeholder Expectations Those products, functionality, benefits, etc. resulting from the project that stakeholders look forward to with some degree of certainty, rightly or wrongly. Discrepancies between stakeholder needs, specified requirements, expectations and actual results can be a significant source of dissatisfaction with final project results. Hence the importance of good stakeholder communication throughout the project. [D03297]	FGJ CHMT	RMW
	Stakeholder Management The process involved in identifying, analyzing and managing the expectations of stakeholders and their particular interests and needs. [D05592]	FGJ CHMT	MSP-UK 1999
Index of all terms Top of Page	Action taken by the project manager or project team for curtailing stakeholder activities that would adversely affect the project. Editor's Note: This appears to be a very negative attitude and presumes that the "stakeholders" are all external. [D06281]	N	PMTWG
	Stakeholder Map A matrix showing each stakeholder against their particular interest and need. [D05593]	N	MSP-UK 1999
	Stakeholder Need The business or operational problem (opportunity) that must be fulfilled in order to justify purchase or use. [D04776]	GJ CHMT	RUP
	Stakeholder Request A request of any type - for example, Change Request, enhancement request, request for a requirement change, defect - from a stakeholder. [D04777]	JN	RUP
	Stakeholder Requirements Those products, functionality, benefits, etc. resulting from the project that stakeholders have identified as essential, necessary and/or desirable. [D04363]	GJN CHMT	RMW
	Stakeholder Satisfaction The measure of satisfaction with project results on the part of stakeholders is a measure of project success. Satisfaction is subjective, tends to vary with time and hence is difficult to measure effectively. For example, users of new software and faced with a new learning curve tend to be apprehensive with a consequent low level of satisfaction. After some time, the software is either abandoned, the ultimate in dissatisfaction, or is used extensively with varying degrees of praise. [D03298]	FGJN CHMT	RMW
	Stakeholders Entities or persons who are or will be influenced by or exert an influence directly or indirectly on the project. Editor's Note: See also Constituents [D06527]	FGJ CHMT	129
	Individuals and organizations who are involved in or may be affected by project activities. (See also Stakeholder and Project Stakeholder.) [D01893]	J CHMT	PMK96
Index of all terms Top of Page	The people who have a vested interest in the outcome of the project. [D01895]	J	WST
	Specific people or groups who have a stake in the outcome of the project. Normally stakeholders are from within the company, and could include internal customers, management, employees, administrators, etc. A project may also have external stakeholders, including suppliers, investors, community groups and government organization. [D05122]	J	TM
	Those parties whose interests are affected by decisions about the operation of an asset in which they do not necessarily own or enjoy property rights. For example, stakeholder interests in a local factory would, as well as the owner, include the local community, workers, investors, bank, consumers etc. all of whom are liable to be affected by decisions made concerning the operation of the factory. [D05123]	J	RAMP
	Parties with an interest in the execution and outcome of a project. They would include business streams affected by or dependent on the outcome of a project. [D05506]	J	PRNC2 2002
	A person or group of persons, who are influenced by or able to influence the project. [D06526]	J	128
	People or organizations that have a vested interest in the environment, performance and/or outcome of the project. [D06528]	J	APM
	Stand Alone A system which performs its function requiring little or no assistance from interfacing systems. [D03694]	N MT	DSMC
	Standard A document that establishes engineering and/or technical requirements for products, processes, procedures, practices, and methods that have been decreed by authority or adopted by consensus. [D05737]	GJN CHMT	071
Index of all terms Top of Page	A basis for the uniformity of measuring performance. Also, a document that prescribes a specific consensus solution to a repetitive design, operating, or maintenance problem. [D01896]	N CHMT	PMK87
	A specific statement of the rules and constraints governing the naming, contents, and operations of deliverables. The rules and constraints are designed to support specific objectives. [D01897]	N	RMW
	A term applied in work measurement to any established or accepted rule, model, or criterion against which comparisons are made. [D04658]	N	QWF
	Mandatory requirements employed and enforced to prescribe a disciplined uniform approach to software development or acquisition. [D05212]	N T	SA-CMM
	A publicly available document that defines specifications for interfaces, services, processes, protocols, or data formats and that is established and maintained by group consensus. [D05507]	GJN	MSA
	Standard Construction Technologies Those materials, systems, methods, etc. that have been in use in the industry for some time and have become well established and accepted. [D03299]	N CH	RMW
	Standard Cost The normal expected cost of an operation, process, or product including labor, material, and overhead charges, computed on the basis of past performance costs, estimates, or work measurement. [D04659]	JN CHMT	QWF
	A level of cost that is predetermined based upon standards and price. Standard cost implies a norm: what costs should be; standard costs are used as the benchmark for gauging good and bad performance; and usually not changed until technology changes or labor and materials change. [D03300]	N	PMDT
Index of all terms Top of Page	Standard Costing Product costing using standard costs rather than actual costs. [D03301]	N	PMDT
	Standard Definitions Adoption of a uniform set of definitions throughout a program or project organization and which may or may not be a published standard. Editor's Note: Many attempts have been made to establish standard definitions, including this one. However, the nuances of language and the practices and usage in different industries have so far precluded such a goal. [D03302]	FGJN CHMT	RMW
	Standard Deviation A measure of the dispersion of possible outcomes. (Mathematically, the root mean square of variances of probability distribution.) [D02230]	N	RMW
	A measure representing the accuracy of an estimate. If the SD is large the estimate accuracy is poor and the probability is high that variations from the base estimate will be significant. The accuracy of an estimate should improve as the project progresses through its life span and this should be reflected by the SD becoming smaller. [D05738]	N	070
	Standard Operating Procedure Detailed step-by-step instructions for repetitive operations. Examples are aircraft takeoff and landing procedures. [D04242]	N	CSM
	Standard Procedure Prescribes that a certain kind of work be done in the same way wherever it is performed. [D01898]	N	PMK87
	Standard Project Cost Accounting The standards associated with a project cost accounting system. Unlike the "Generally Accepted Accounting Principles" (GAAP) of corporate accounting, no such general public standard currently exists in the world of project cost accounting. [D03303]	N	RMW
	Standard Proposal Schedule A pre-established network on file, [D01899]	N	PMK87
Index of all terms Top of Page	Standard Time The amount of time allowed for the performance of a specific unit of work. [D04660]	N	QWF
	A measure of the time it should take a qualified worker to perform a particular task. [D03575]	N	GAT
	Standards Established or accepted rules, models or criteria against which comparisons are made. [D03695]	N	DSMC
	A set of recognized values serving as an example, or principle, to which members seek to conform, or are judged by; a specific level of excellence. [D04332]	N	MEMOPT
	Definitions for page S07: 51

Introduction | What's New in Version 5.5 | Sources and References International Recognition | About the Author Content Index

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Introduction | What's New in Version 5.5 | Sources and References
International Recognition | About the Author
Content Index

Home | Issacons | PM Glossary | Papers & Books | Max's Musings
Guest Articles | Contact Info | Top of Page