Product Life Cycle

Product Life Cycle
The series of phases that represent the evolution of a product, from concept through delivery, growth, maturity, and to retirement.
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Program

Program
A group of related projects, subprograms, and program activities that are managed in a coordinated way to obtain benefits not available from managing them individually.
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Program Management

Program Management
The application of knowledge, skills, tools, and techniques to a program to meet the program requirements and to obtain benefits and control not available by managing projects individually.
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Program Management Office

Program Management Office
A management structure that standardizes the program-related governance processes and facilitates the sharing of resources, methodologies, tools, and techniques.
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Progressive Elaboration

Progressive Elaboration
The iterative process of increasing the level of detail in a project management plan as greater amounts of information and more accurate estimates become available.
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Project

Project
A temporary endeavor undertaken to create a unique product, service, or result.
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Project Calendar

Project Calendar
A calendar that identifies working days and shifts that are available for scheduled activities.
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Project Charter

Project Charter
A document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.
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Project Life Cycle

Project Life Cycle
The series of phases that a project passes through from its initiation to its closure.
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Project Management

Project Management
The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
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