Glossary
BOTTLENECK Any task on the critical path that causes the work feeding it to pile up.
BUDGET The translation of plans into measurable expenditures and anticipated returns over a certain period of time.
CHARTER A concise written description of the project’s intended work. The charter may contain the name of the sponsor, a timetable, a description of deliverables, the benefits to the company, and a budget.
COACHING A two-way activity in which the parties share knowledge and experience in order to maximize a team member’s potential and help him or her achieve agreed-upon goals. It is a shared effort in which the person being coached participates actively and willingly.
CONTINGENCY PLAN A course of action prepared in advance of a potential ...
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