C Terms

C Terms

Change Control

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

Change Control Board

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

Change Control System

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

Change Request

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

Code of Accounts

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

Communication Management Plan

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

Constraint

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

Control Account

Control Account
A management control point where scope, budget, actual cost, and schedule are integrated and compared to earned value for performance measurement.

Corrective Action

Corrective Action
An intentional activity that realigns the performance of the project work with the project management plan.

Cost Management Plan

Cost Management Plan
A component of a project or program management plan that describes how costs will be planned, structured, and controlled.

Cost Performance Index (CPI)

Cost Performance Index (CPI)
A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost.

Cost Variance

Cost Variance
The amount of budget deficit or surplus at a given point in time, expressed as the difference between the earned value and the actual cost.

Crashing

Crashing
A technique used to shorten the schedule duration for the least incremental cost by adding resources.

Critical Chain Method

Critical Chain Method
A schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties.

Critical Path

Critical Path
The sequence of activities that represent the longest path through a project, which determines the shortest possible duration.

Critical Path Activity

Critical Path Activity
An activity on the critical path in a project schedule.

Critical Path Method

Critical Path Method
A method used to estimate the minimum project duration and determine the amount of scheduling flexibility on the logical network paths within the schedule model.