Term of the Day
Secondary Risk
Secondary Risk is like any other risk considered an uncertain event and if it occurs it can affect your project objectives. Project Team have to develop a risk response plan so you can either avoid or mitigate the impact. This response might create a new risk called a secondary risk.
Top 5 Terms
Activity Code
Activity Code is an alphanumeric (text, number, or combination of both) unique value assigned to each activity that enables classifying, sorting, ... continue reading
Change Control
The change control process in project management is a process whereby modifications to documents, deliverables, or baseline associated with the project ... continue reading
Acceptance Criteria
A set of specific and defined conditions that are met before deliverables are accepted. They set out the specific circumstances under which the user will ... continue reading
Activity Label
A phrase (short descriptor) that names and describes an activity. We can place the Activity labels below arrows representing activities in ... continue reading
Project Outcomes
An end result or consequence of a process or project from creating your product or service. Outcomes can include outputs and artifacts and it's important to ... continue reading