A point in time when the status of the project is recorded.

A diagramming and calculation technique for evaluating the implications of a chain of multiple options in the presence of uncertainty.

A technique used for dividing and subdividing the project scope and project deliverables into smaller, more manageable parts.

An intentional activity to modify a nonconforming product or product component.

Any unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase, or project.

An activity that can be planned and measured and that yields a specific output. Discrete effort is one of three earned value management (EVM) types of activities used to measure work performance.