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3. Framework 3
Framework terms and Definitions Set # 3
14
Computer Networking
Professional
04/07/2013

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Term
Control
Definition
Analyze variances between actual performance and planned performance to
effect improvements.
Term
Enterprise Environmental Factors (Output/Input)
Definition
Any internal or external organization variables that can influence the project
success Examples: company culture, the business market, technology, and
personnel.
Term
Goods
Definition
Products that have been created and are available for purchase.
Term
Initiator
Definition
An organization or individual authorized and capable of starting a project.
Term
Monitoring and Controlling Processes
Definition
Actions to make sure the project objectives are completed successfully.
Term
Performing Organization
Definition
The entity whose personnel are most directly involved in performing the work of the project.
Term
Product Life Cycle
Definition
The generally sequential phases of a product.
Term
Project
Definition
A temporary undertaking to create a unique product, service, or result.
Term
Project Management Body of Knowledge
Definition
The knowledge within the profession of project management.
Term
Project Management System
Definition
The elements needed to manage a project: processes, tools, methods etc.
Term
Regulation
Definition
A requirement developed by a government organization.
Term
Sponsor
Definition
Person or group who provides the financial resources for the project.
Term
Subproject
Definition
A smaller piece of the project, as a result of decomposition; is usually created as a result of creating the work breakdown structure.
Term
Variance Analysis (Technique)
Definition
An approach for measuring the variance associated with the scope, time, or cost
of the project.
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