| Term |
Definition |
Discussion |
Examples & Illustrations |
| Target outcomes |
Desired measurable end-effects—that take the
form of a flow of value to a stakeholder.
|
A target outcome is defined when values have
been set for the following parameters:
- Name
- Description
- Measure
- Method of measurement or source of data
- Target level
- Target date for realisation
- Owner (who will be held accountable for realisation).
|
|
| Task |
A primitive process representing the lowest level of work recognised in a WBS.
Also used loosely to mean a “block of work”.
|
In the stylised three-level WBS, processes at
the third (lowest) level are called tasks. A
collection of related tasks constitutes an
activity.
See also phase.
See also activity.
|
|
| Team member |
An individual who is assigned to the team to
provide labour-based inputs to the project.
|
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| Terms of reference ToRs |
A specification of the role to be played in a
project by a reference group.
|
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|
| The line |
A notional boundary that separates the work
(and hence the outputs) of a project into two
disjoint subsets: above-the-line and below-the-line.
|
The line forces a dichotomy onto the set of all
tasks and outputs associated with a project.
Tasks and outputs are either above-the-line or
below-the-line—but they cannot be both.
This concept of the line in project management
is not to be confused with a similar term used
in marketing to classify advertising media.
|
|
| Threat |
A triggering event that will lead to a decrease
in the worth of a project.
|
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|
| Time infeasible (project) |
A project for which an optimal timeframe
implied by its workplan exceeds the timeframe
agreed-to by the owner/funder.
In such a situation, deadlines fall earlier than
the milestones derived from an optimal
workplan. The difference between a deadline
and the corresponding milestone is a gauge of
the level of infeasibility of the project.
|
|
|
| Timeframe |
The overall duration of a project. There are
two views of duration:
|
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| Transaction (s) |
The execution of a business process. |
|
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| Triggering event |
An event that:
- Lies outside the domain of control of
the project funder.
- Is stochastic—it may or may not occur.
- Is a cause of an impact.
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