Glossary
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3-point estimating
A method of securing consistent approaches to estimates by asking for best/most likely/worst
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balanced scorecard
A strategic management approach that identifies four perspectives from which to view an organisation
baseline data
Measurements taken of the performance of the existing process or system before changes are introduced or implemented
baseline plan
The first agreed version of a plan against which progress will be measured
benchmark data
One or more performance indicators taken for comparison from another source, e.g. regional, national or a competitor or a similar project run elsewhere
benefit
A measurable improvement as a result of outcomes - normally do not manifest until some time has passed following implementation (see 'tangible', 'intangible', payback, performance indicator)
benefits manager
Also known as business change manager
blueprint
Documented description of a desired state
Boston Matrix
Management tool (developed by Boston Consulting Group) for measuring long term prospects of products/market sectors
brief
Project brief/programme brief - this document contains brief information about the background and context of a project/programme
business case
Document setting out what you intend to do, why, what options exist and how the achievement will be measured
business change manager
The person responsible for realisation of benefits who normally leads the change management aspects of a programme
business process
A methodology for a set of activities and/or transactions that together perform a major function
boundary
See stage boundaries
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CAMEL
Collaborative Approaches to the Management of e-Learning - www.jiscinfonet.ac.uk/camel
change agent
Someone whose task is to realise benefits by embedding outcomes into normal routine operations
contingency budget
An amount of money set aside for use in the event of specifically identified risks turning into issues
contingency plan
An alternative plan designed to be used in the event of a high-impact risk turning into an issue
critical path
The route through a plan with the least or no spare or float time
customer
In project terms, the team(s) and/or organisation(s) who expect to gain benefits from the outputs of the project
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exception
As in 'managing by exception' - a variance from the planned or expected
executive
Chair of the Project Board in PRINCE2 terminology
executive dashboard
A strategic management tool, based on the balanced scorecard, developed by Oracle Systems and Liverpool John Moores University
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FAQ
Frequently Asked Questions
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Gantt chart
A commonly used method of diagrammatically showing a plan, invented by Henry Gantt
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handover
The point at which a project delivers its outputs and they are used in an operational manner - responsibility normally changes hands at this point
highlight report
Also known as Status report
HR
Human Resources
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ICT
Information and Communications Technology
ILT
Information and Learning Technology
intangible
Subjective, a matter of opinion, measurable only in terms of surveying reactions e.g. better, more fun, happier
issue
An event that has occurred that impacts on objectives for good or bad
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managing by exception
A way of ensuring senior management involvement only where necessary
mandate
The authorisation to start up a programme or project
milestone
A point at which a project achieves something significant
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outcome
The changes and or learning that accrue from co-ordinated outputs, normally as a result of implementing policy
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payback
Benefit/return gained from an action
performance indicator (PI)
A descriptor for a qualitative or quantitative measurement - PIs require baseline or benchmark PIs for useful comparison
phase
An identifiable period of a project ending with a milestone - e.g. procurement phase, testing phase
project initiation document (PID)
A highly detailed and refined version of the Project Brief
PRINCE2
Projects In a Controlled Environment - a popular project management methodology
process
A transformation of input(s) into a different form of output(s)
product-based planning
A method of planning by thinking of the major output of the project as a product and its component breakdown
programme
A management framework for co-ordinating projects to deliver outcomes and benefits
project
A particular way of managing activities to deliver specified outputs
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Q&A
Questions and Answers
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R&D
Research & Development
risk
A future event or series of events with a probability for impact on objectives for good or bad
ROI
Return on investment
rolling wave
Another name for sliding planning window
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scope
The definition of what is included in the project
scope creep
Addition of other items to an originally agreed project scope
senior responsible owner (SRO)
Senior Manager with ultimate responsibility for a programme
senior supplier
Nominated representative of a supplier group who represents the group on the project board
senior user
Nominated representative of a user group who represents the group on the project board
sliding planning window
The concept of continually planning in detail only as far as you can reasonably expect to be able to foresee events
sponsor
Chair of the Project Board (Executive in PRINCE2 terminology)
stakeholder
An individual or organisation with the capability to impact on your objectives
stage
An agreed period of time in a project during which the project board is not scheduled to meet
stage boundaries
The points at which the project board reviews and authorises continuity or early closure of a project
status report
Also known as Highlight report
supplier
An individual or organisation supplying goods, services, skills, knowledge, or physical or mental effort in order to progress the project
supplier group
A meeting of suppliers to a project
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tangible
Measurable by objective means - a number, a percentage, an existence
tolerance
Upper and lower limits of expenditure or timescale beyond which further authorisation is required
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user
Someone who will use first hand, or will access output from, the outcomes of your project or programme
UAT
User Acceptance Testing - a process undertaken to formally assess the quality and fitness for purpose of a product
user group
A meeting of users normally required where different interests are to be served by the output from a project
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VLE
Virtual Learning Environment
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wiki
Website that can be edited and updated collaboratively
work package
A block of work making up part of a project, delegated by the project manager to someone else
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