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PM² (pronounced “P-M squared”) is a project management methodology developed and endorsed by the European Commission (EC). It is the official project management methodology of the EC, incorporating elements from a range of widely accepted best practices in project management and building heavily on PMBOK, PRINCE2, IPMA-ICB, CMMI, TEMPO, and operational experience from EU institutions.
Scope (project management) In project management, scope is the defined features and functions of a product, or the scope of work needed to finish a project. [1] Scope involves getting information required to start a project, including the features the product needs to meet its stakeholders' requirements. [2] [3] : 116.
Responsibility assignment matrix. In business and project management, a responsibility assignment matrix [1] ( RAM ), also known as RACI matrix [2] ( / ˈreɪsi /) or linear responsibility chart [3] ( LRC ), is a model that describes the participation by various roles in completing tasks or deliverables [4] for a project or business process.
The Master of Science in Project Management (M.S.P.M.), also known as Master in Project Management (M.P.M.) is a professional advanced degree in project management. Such degree is not only for future project managers but also offers opportunities in consultancy, evaluation of investment projects, business analysis, business development ...
Enterprise Project Management is a way of thinking, communicating and working, supported by an information system, that organizes enterprise's resources in a direct relationship to the leadership's vision and the mission, strategy, goals and objectives that move the organization forward. Simply put, EPM provides a 360 degree view of the ...
Float (project management) In project management, float or slack is the amount of time that a task in a project network can be delayed without causing a delay to: [1] : 183. project completion date (" total float "). Total float is associated with the path. [2] : 508 [1] : 183 If a project network chart/diagram has 4 non-critical paths, then ...
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