Project - A temporary endeavor undertaken to create a unique product, service, or result., Project Sponsor - A person or group who actively supports the project and is ultimately accountable for enabling its success., Deliverable - A final entity, result, or capability that is produced to complete a process, phase, or project., Network Diagram - A visual representation that shows the sequence of project activities and their dependencies., Project Duration - The time needed to complete all the work of the project., Work Breakdown Structure (WBS) - A detailed breakdown of the project scope into smaller, more manageable components., Triple Constraint - The cost, time, and scope of a project. Changes to any one of these elements typically affect the others., Risk Management - The process of identifying, analyzing, and responding to potential project risks, Project Charter - A document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities., Stakeholder - An individual or stakeholder group that may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of the project.,

Project Management Key Terms

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