Budget - The sum of money allocated for a project., Issue - Anything that causes problems during the project., Risk - The probability of occurrence of a specific event that affects the pursuit of objectives., Scope - The scope of a project constitutes everything it is supposed to accomplish in order to be deemed successful., Duration - The amount of time taken to complete a task or project from start to finish., Gantt chart - A type of bar chart that shows all the tasks constituting a project. Tasks are listed vertically, with the horizontal axis marking time., Project - A temporary, goal-driven effort to create a unique output., Project charter - A document that details the scope, organization, and objectives of a project. It is typically created by a project manager and formally approved by the sponsor., Agile - The family of methodologies that is a superset of iterative development approaches aimed at meeting ever-changing customer requirements. This development proceeds as a series of iterations, or sprints, with incremental improvements made in each sprint., Waterfall model - A software development life cycle (and methodology) in which development phases are sequential, non-iterative, and do not overlap.,

Project Management 1

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