Topic: Project Management Vocabulary 2

VOCABULARY REVIEW: Project management

Need to review common project management vocabulary in English? We've got you covered!

Risk mitigation
Actions taken to reduce the impact of risks.
Example: Backup suppliers were part of the risk mitigation plan.

Critical path
The sequence of tasks that determines the shortest project duration.
Example: Any delay on the critical path affects the final deadline.

Dependencies
Tasks that rely on the completion of other tasks.
Example: Testing has dependencies on development work.

Key performance indicators (KPIs)
Metrics used to measure project success.
Example: KPIs showed the project was behind schedule.

Change request
A formal proposal to modify project scope or requirements.
Example: All change requests must be approved by management.

Project charter
A document that formally authorizes the project.
Example: The project charter defined objectives and roles.

Work breakdown structure (WBS)
A hierarchical breakdown of tasks into smaller components.
Example: The WBS made the project easier to manage.

Agile methodology
An iterative approach emphasizing flexibility and collaboration.
Example: Agile methodology allows rapid response to change.

Waterfall model
A linear, sequential project management approach.
Example: The Waterfall model works well for fixed requirements.

Sprint
A short, time-boxed period of focused work in Agile projects.
Example: The team completed the feature in one sprint.

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