Glossary
- activity-on-the-arrow PND
This sophisticated approach stems from the 1950s, when the original concept was called the activity-on-the-arrow (AOA) method. The origin of the arrow is the "begin activity" sign, and the end of the arrow is the "end activity" sign.
- activity-on-the-node PND
A network diagramming method that allows the project manager to map relationships between activities. With the AON method, the focus is on the activities rather than on the start and end of activities.
- actual costs (AC)
Actual costs are used in Earned Value Management and represent the actual cost of the work performed.
- administrative closure
This is when the customer or project sponsor documents and accepts the project results. Administrative closure ...
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