Home > Blossary: Project Management Glossary
Created by: Yi Yao
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A risk management provision in which the prime contractor not only builds the facility, but also takes over ownership until its operation capacity has been proven before final transfer of ownership ...
Domain: Business services; Category: Project management
The value for completed work measured in terms of the planned budget for the work. The earned value or original budgeted cost for work actually completed.
Domain: Business services; Category: Project management
A method of simulating project activity duration using probabilities. The method identifies the percentage of times, activities, and paths that are critical over thousands of simulations.
Domain: Business services; Category: Project management
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