YancyPM

An estimate of the longest activity duration, which takes into account all of the known variables that could affect performance.

A review at the end of a phase in which a decision is made to continue to the next phase, to continue with modification, or to end a project or program.

The authorized budget assigned to scheduled work.

Projects, programs, subportfolios, and operations managed as a group to achieve strategic objectives.

The process of optimizing the mix of portfolio components to further the strategic objectives of the organization.

The centralized management of one or more portfolios to achieve strategic objectives.

A technique used for constructing a schedule model in which activities are represented by nodes and are graphically linked by one or more logical relationships to show the sequence in which the activities are to be performed.

An activity that logically comes before a dependent activity in a schedule.

An intentional activity that ensures the future performance of the project work is aligned with the project management plan.

A grid for mapping the probability of each risk occurrence and its impact on project objectives if that risk occurs.