Opportunity

Opportunity
A risk that would have a positive effect on one or more project objectives.
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Optimistic Duration

Optimistic Duration
An estimate of the shortest activity duration that takes into account all of the known variables that could affect performance.
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Organizational Breakdown Structure

Organizational Breakdown Structure
A hierarchical representation of the project organization, which illustrates the relationship between project activities and the organizational units that will perform those activities.
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Organizational Process Assets

Organizational Process Assets
Plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization.
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Organizational Project Management Maturity

Organizational Project Management Maturity
The level of an organization's ability to deliver the desired strategic outcomes in a predictable, controllable, and reliable manner.
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Parametric Estimating

Parametric Estimating
An estimating technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters.
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Path Convergence

Path Convergence
A relationship in which a schedule activity has more than one predecessor.
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Path Divergence

Path Divergence
A relationship in which a schedule activity has more than one successor.
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Percent Complete

Percent Complete
An estimate whose personnel are the most directly involved in doing the work of the project or program.
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Performing Organization

Performing Organization
An enterprise whose personnel are the most directly involved in doing the work of the project or program.
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