YancyPM

The approved version of a work product that can be changed only through formal change control procedures and is used as a basis for comparison.

A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS).

The sum of all budgets established for the work to be performed.

A process whereby modifications to documents, deliverables, or baselines associated with the project are identified, documented, approved, or rejected.

A formally charted group responsible for reviewing, evaluating, approving, delaying, or rejecting changes to the project and for recording and communicating such decisions.

A set of procedures that describes how modifications to the project deliverables and documentation are managed and controlled.

A formal proposal to modify any document, deliverable, or baseline.

A numbering system used to uniquely identify each component of the work breakdown structure (WBS).

A component of the project, program, or portfolio management plan that describes how, when, and by whom information will be administered and disseminated.

A limiting factor that affects the execution of a project, program, portfolio, or process.