Risk budgetA sum of money that is part of overall cost contingency to cover the cost impact of identified risks. The following information shall be included: a. Qualitative risk analysisA generic term for subjective methods of assessing risks that cannot be identified accurately. Risk management plan A document defining how risk management is to be implemented in the context of the particular project concerned. Project management - Terms of Reference Effort is usually expressed in labour hours, labour days or labour weeks and should not be confused with duration. Design (stage)A stage within the implementation phase where the design of project deliverables is finalised. Work loadThe amount of work units assigned to a resource over a period of time. Programme briefA description of the capability that the organisation seeks from changes to its business and/or its operations. Terms of Reference Activity(1) A task, job, operation or process consuming time and possibly other resources. Effective/Applicability Date. Collaborative negotiationNegotiation that seeks to create a win-win scenario where all parties involved get part or all of what they were looking for from the negotiation. WebReports to: Shamseya CEO. ChangeA change to a projects baseline scope, cost, time or quality objectives. The project manager produces the terms of reference in conjunction with the project assurance (if applicable) and the appointed project, programme or executive board (if applicable). Project Manager (Owner) IS Applications Project Services. The Cornwall Regional Hospital (CRH), built in 1974, is located two miles from the centre of Montego Bay, on a hill in Mt. Portfolio prioritisation processThe evaluation and prioritisation of projects within a portfolio to enable the more important projects and programmes to access the required resources and to move forward in accordance with their plans. Terms of Reference - Project Manager 1. Alternative wealth used or available for use in the production of more wealth. Organisation designThe design of the most appropriate organisation for a project. See also Strategic sourcing. Continuous improvementA business philosophy popularised in Japan where it is known as Kaizen. CompetenceThe combined knowledge, skill and behaviour that a person needs to perform properly in a job or work role. As soon as possible (ASAP)An activity for which the early start date is set to be as soon as possible. Milestone scheduleA schedule that identifies the major milestones. QualityThe fitness for purpose or the degree of conformance of the outputs of a process or the process itself to requirements. See Funding. The terms of reference follows good practice in project management and is the document that sets out the project roles, responsibilities and membership names of the project board. BottleneckA process constraint that determines the capacity or capability of a system and restricts the rate, volume or flow of a process.Bottom-up estimatingAn estimating technique that uses detailed specifications to estimate time and cost for each product or activity. Project management plan (PMP)The output or process of integrated planning for a project or programme. Relevant university degree. Terms of Reference Project Manager Cornwall Regional Not later thanA restriction on an activity that indicates that it may not start or end later than a specified date. They have a wide variety of skills, which include technical know-how, business acumen and leadership skills. Internal rate of return (IRR)Used to determine the profitability of a potential investment. Sunk costsCosts that are unavoidable, even if the remaining work is terminated. Key performance indicators (KPI)Measures of success that can be used throughout the project to ensure that it is progressing towards a successful conclusion. Actual datesThe dates on which activities started and finished as opposed to planned or forecast dates. 2. Then there are more managerial positions. Acceptance criteriaThe requirements and essential conditions that have to be achieved before a deliverable is accepted. Hierarchical codingstructureA coding system that can be represented as a multi-level tree structure in which every code except those at the top of the tree has a parent code. Information management The collection, storage, curation, dissemination, archiving and destruction of documents, images, drawings and others sources of information. But project managers are not a monolithic group. User acceptancetestA formal test or series of tests to demonstrate the acceptability of a product to the user. Financial managementThe process of estimating and justifying costs in order to secure funds, controlling expenditure and evaluating the outcomes. Risk management maturityA measure of the extent to which a project or organisation formally applies effective risk management to support decision making and the treatment of risk. It may be a source specified by the client for reasons not necessarily connected to the project. Risk exposureThe degree to which a risk taker could be affected by an adverse outcome. Request for proposal (RFP)A bid document used to request proposals from prospective sellers of products or services. It originated with consulting company Cap Gemini in the 1980s. Scope verificationA process that ensures that all identified project deliverables have been completed satisfactorily. Product flow diagramThis diagram represents how the products are produced by identifying their derivation and the dependencies between them. fThe project manager is responsible to produce/read the project initiation documents (PID), Legal. Someone who acts as an advocate for a proposal or project. TERMS OF REFERENCE Project Manager Quantitative risk analysisThe estimation of numerical values of the probability and impact of risks on a project usually using actual or estimated values, known relationships between values, modelling, arithmetical and/or statistical techniques. Decision biasPsychological biases affecting individuals and groups when making risk- based decisions. terms of reference NATIONAL PROJECT MANAGERS - DETAILED TERMS OF (May also be used with finish to finish logic, etc.). Linear life cycleA life cycle that aims to complete a project within a single pass through a set of distinct phases that are completed serially and span from the development of the initial concept to the deployment of an ultimate output, outcome or benefits. Activity durationThe length of time that it takes to complete an activity. It can also define the roles of the delivery level project team and any associated programme or executive level governance that the project board will report to. AcceptanceThe formal process of accepting delivery of a deliverable or a product. Management and overseeing of overall activities of UNFPA project in ICT and South Punjab, Baluchistan, Sindh & KPK. Zero floatA condition where there is no excess time between activities. PESTLEA technique for analysing project context by considering political, economic, sociological, technical, legal and environmental factors. 30/09/2019. ConstraintsThings that should be considered as fixed or that must happen. The terms of reference project management template for managing projects enables you to scope projects more efficiently. Sep 18, 2019, 10:47 AM | Open calls. Social capitalThe pattern and intensity of networks among people and the shared values that arise from those networks. ThreatA negative risk event; a risk event that if it occurs will have a downside/ detrimental effect on one or more objectives. DevelopmentThe working up of a preferred solution to an optimised solution during the definition and implementation phases of a project. DisbenefitA consequence of change perceived as negative by one or more stakeholders. Corrective actionChanges made to bring future project performance back into line with the plan. Version controlThe recording and management of the configuration of different versions of the projects products. However, this leads to duplication of facilities, and less efficient use of resources. ReportingReporting takes information and presents it in an appropriate format, which includes the formal communication of project information to stakeholders. Total floatTime by which an activity may be delayed or extended without affecting the overall duration or violating a target finish date. ProjectA unique, transient endeavour undertaken to bring about change and to achieve planned objectives. Progress paymentsPayments made to a contractor during the life of a fixed price type contract, on the basis of some agreed-to formula, for example, budget cost of work performed or simply costs incurred. TransitionThe fourth phase in a linear cycle where results are handed over, commissioned and accepted by the sponsor, culminating in formal closure. See Partnering. Work unitsWork units provide the measurement units for resources; for example, people as a resource can be measured by the number of hours they work. Product descriptionThe description of the purpose, form and components of a product. ContractAn agreement made between two or more parties that creates legally binding obligations between them. Critical chainA resource-based approach to scheduling, useful when time is critical and derived from the critical path, that protects critical chains of activities with buffers. Tender documentThe document issued to prospective suppliers when inviting bids or quotations for supply of goods or services. Issues require support from the sponsor to agree a resolution. GSA has adjusted all POV mileage reimbursement rates effective January 1, 2023. Funding profileAn estimate of funding requirements over time. Resource poolThe available resources to a project. From planning to monitoring progress in real-time to making a report with merely a keystroke, ProjectManager has the features you need to work more effectively. Value is only created when the return is greater than the cost of capital. PaybackAn investment appraisal technique. Stakeholder identificationThe process of identifying stakeholders in a project. It indicates that one activity cannot start until another activity has started. 1. Project management information system (PMIS)The systems, activities and data that allow information flow in a project, frequently computerised, but not always. Someone who spearheads an idea or action and sells it throughout the organisation. 5. Note this is a different performance measure to benefits, which are focused on the strategic intent and delivering beneficial change. Used interchangeably with management of projects. Actual finishThe date on which an activity was completed. Change freezeA point after which no further changes to scope will be considered. An activity with zero float is considered a critical activity. Scope changeAny change in a project scope that requires a change in the projects cost or schedule. Models may be either physical or virtual. Performance managementTechniques used in the management of individual and team performance. Terms of referenceA specification of a team members responsibilities and authorities within the project. Minimum viable productA product with just enough features to satisfy early users and to provide feedback for future product development. ProfessionalismThe application of expert and specialised knowledge within a specific field and the acceptance of standards relating to that profession. Building information models are digital files (often but not always in proprietary formats and containing proprietary data), which can be extracted, exchanged or networked to support decision making regarding a building or other built asset. Stakeholder managementSee Stakeholder engagement. Project-based workingA collective term for project, programme and portfolio management. Physical performanceActual performance of work on a project that can be measured, for example, the number of drawings produced or lines of code written. It is the ratio of work accomplished versus work planned, for a specified time period. Health and safety planThe plan that identifies the health and safety strategies and procedures to be used on the project. Scope of workA description of the work to be accomplished or resources to be supplied. CalendarsA project calendar lists time intervals in which activities or resources can or cannot be scheduled. Contingency budgetThe amount of money required to implement a contingency plan. This will allow a cash flow forecast for the project to be developed and a drawdown of funds to be agreed with the organisation. Pre-commissioningThe work that is carried out prior to commissioning in order to demonstrate that commissioning may be safely undertaken. Not earlier thanA restriction on an activity that indicates that it may not start or end earlier than a specified date. Collectively, the work packages specify all the work and products included in the project. Work packageA discrete element of project scope at the lowest level of each branch of the work breakdown structure. ^9>O~g{ohb5\z?N%)}e4yptT/X.+7=O VendorA company or person contractually committed to provide goods (either direct or through a supplier). Objectives may be defined in terms of outputs, outcomes and/or benefits. Spiral modelA management model used particularly for development projects. Remaining durationThe time needed to complete the remainder of an activity or project. ProjectManager is online project management software that has useful tools regardless of where you land on the chain of project command. Imposed finishA finish date imposed on an activity by external circumstances or constraints. LeanLean (construction, engineering, manufacturing) is concerned with identifying the underlying principles by which environments can become more responsive, flexible, productive, reliable and cost effective. Resource availabilityThe level of availability of a resource, which may vary over time. Project managers need to monitor the progress of the project, and ProjectManager has more than one way for them to get all the project data they need. What-if simulationA technique designed to evaluate the impact a scope, schedule, or methodology change may have on the contract dates or baseline schedule. SystemThe complete technical output of the project including technical products. Joint venture (JV)A joint ownership of a firm by two or more persons or other firms, or a partnership between two or more companies mutually engaged in a particular venture such as a major project. See Linear life cycle. ContractorA person, company or firm who holds a contract for carrying out the works and/or the supply of goods or services in connection with the project. Project Completion Commissioning & Handover . Line-of-balanceA scheduling technique for delivery of repetitive products that shows how resource teams move from product to product rather than the detail of individual activities. scoring models for financial institutions to assess risk and establish sustainable portfolios. Verification may be determined by test, analysis, inspection or demonstration. Safety planThe standards and methods that minimise to an acceptable level the likelihood of accident or damage to people or equipment. CharterA document that sets out the working relationships and agreed behaviours within a project team. b. CVs of the senior management and site-based staff proposed for this project inclusive of Client reference contact. Source selectionChoosing from potential contractors. Excellent leadership and team-building skills; Excellent research and analytical skills; Excellent communication, negotiation, and partnership-building skills; Excellent use of Microsoft Office applications; Fluent in written and spoken English and Arabic. The development and maintenance of a project plan. Also referred to as projected outturn cost. Sensitivity analysisAn investigation of the effect on the outcome of changing parameters or data in procedures or models. TERMS OF REFERENCE Conformance auditAn audit of the operation of the programme or project management or other process to identify whether the defined processes are being adhered to. Team developmentThe process of developing skills, as a group and individually, that enhance project performance. Risk rankingThe allocation of a classification to the probability and impact of a risk. BalanceA phase in the portfolio life cycle where the component projects and programmes are balanced in terms of risk, resource usage, cash flow and impact across the business. Also known as a Network diagram. Cut-off dateThe end date of a reporting period. Terms of Reference Project Terms of Reference (ToR) for Trainer/Facilitator - Trainings/Workshops on mentoring and positive youth development for change agents. TERMS OF REFERENCE FOR PROJECT Roll outThe process of delivering a number of nearly identical products to a number of users, usually after the product has been tested and shown to meet requirements. OptioneeringAn approach to exploring multiple options to optimally satisfy stakeholders needs, requiring creativity and lateral thinking. ShareA risk management response to an opportunity that increases its probability, impact or both by sharing the risk with a third party. The committee offers guidance on several issues that a project or a company may or is already encountering. You may be interested in Planning, Scheduling, Monitoring and Control. "The terms of reference (ToR) document defines all aspects of how a consultant or a team will conduct an evaluation. CommunicationThe process of exchanging information and confirming there is shared understanding. Privately Owned Vehicle (POV) Mileage Reimbursement Rates. The Acceptance Criteria will form part of the terms of reference and are given in the Product Description in file Acceptance criteria.doc in the product package. High-level requirementsA high-level statement of the need that a project has to satisfy. IS University Website Programme. Request for quotation (RFQ)Equivalent to a request for proposal but with more specific application areas. CompletionWhen it is agreed that a project or part of a project has been completed in accordance with all requirements. As late as possible (ALAP)An activity for which the early start date is set as late as possible without delaying the early dates of any successor. WebThe Project Manager will work in close collaboration with the operations team and will be responsible for drafting terms of reference for the consultancies as described in the Also referred to as steady state.Business case Provides justification for undertaking a project, programme or portfolio. Project management Glossary | Terms used by project Contract target priceThe negotiated estimated costs plus profit or fee. Cost planning and control The estimation of costs, the setting of an agreed budget, and management of actual and forecast costs against that budget. Schedule performance index (SPI)A term used in earned value management. Dynamic systems development method (DSDM)A non-proprietary, agile development method for developing business solutions within tight timeframes, commonly used in IT projects. ValidateTesting that the deliverable meets the requirements. Project management processesThe generic processes that need to apply to each phase of the project life cycle. Project riskThe exposure of stakeholders to the consequences of variation in outcome. Start-upThe formal process of making a new project team effective or the commissioning of a completed facility. TenderA document proposing to meet a specification in a certain way and at a stated price (or on a particular financial basis); an offer of price and conditions under which a supplier is willing to undertake work for the client. Document project learnings, analyze for growth, and better project planning. Across industries, if theres a venture with a beginning, middle and end that results in a good or service, theres a project manager who is overseeing its progress and making sure that it meets a set of budgetary and scheduling goals. Base dateA reference date used as a basis for the start of a project calendar.BaselineThe reference levels against which a project, programme or portfolio is monitored and controlled.Baseline cost(s)The amount of money a project or activity was intended to cost when the project plan was baselined.Baseline date(s)The original planned start and finish dates for a project or an activity when the schedule was baselined.Baseline planThe fixed project plan. See Planned cost.BudgetingTime-phased financial requirements.Budgeting and cost controlThe estimation of costs, the setting of an agreed budget and management of actual and forecast costs against that budget.Budgeting and cost managementThe estimating of costs, the setting of an agreed budget and the management of actual and forecast costs against that budget.BufferA term used in critical chain for the centralised management of schedule contingencies.Build (stage)A stage within the implementation phase where the project deliverables are built or constructed.Build, own, operate, transfer (BOOT)A situation whereby a private operator builds, owns, operates and then transfers a facility to another party after a specific period.Business-as-usualAn organisations normal day-to-day operations.