It’s easy to become overwhelmed when you first start in project management.
We’ve got you covered, we’re lucky. Let’s begin with some basics about project management terms.
These top 10 project management terms are a great starting point for leading your team and projects to success. You can watch our video on project management terms to see what they mean and how you can put them to use for your projects.
Definitions and terminology for project management
Here are some key terms and definitions for project management that you should know in order to make your projects a success.
Requirements are conditions or tasks which must be completed in order to ensure success or completion of a project. These requirements can take many forms. Make sure you document your project requirements so that everyone can understand them and update them.
2. Plan for the project
A project plan is a document that describes a project’s tasks, milestones, processes, and assignments. It also takes into account the scope and deadlines. Learn how to create a project plan that will help your team deliver projects on schedule.
A milestone is an event or action that marks a significant change or event in a project. Milestones allow you to monitor important deadlines, dates, deliverables, and ensure that your project is on track.
Here’s an example showing how one team uses milestones for tracking major project deadlines.
4. Stakeholder management
Stakeholder management refers to the process of engaging with those who are responsible or funded a project during its course. Clear expectations about who your stakeholders are and when they will need to be engaged can help with approvals and avoid delays.
The scope of a project is the work required to complete it. A well-written scope statement can help prevent scope creep and ensure that your team is not distracted by unplanned changes or feature requests.
Uncertain events can have an impact on at least one project objective. A risk assessment should be prepared for every project manager so that you can plan ahead and address potential risks before they cause problems.
7. Expectation management
Expectation management is the process of making sure everyone involved in a project, including stakeholders and teams, are aware of how it will work, communicate effectively, and what will happen.
8. Status report
A status report is a detailed, recurring document that helps you, all your stakeholders, as well as your internal team, be honest about your work, process and budget.
9. Resource management
Resource management is the creation of a staffing plan or forecast to ensure that teams are productive and not overbooked. TeamGantt’s resource management tools will help you manage and allocate your resources.
10. Change management
Management of unscheduled changes on a project is called change management. It involves the use of tools and techniques to manage them. A process for managing project changes will ensure that the transition is smooth.
Learn more about project management
Want to learn more about project management terminology, processes, and definitions TeamGantt’s guide to project management is a great resource. This guide will give you a deep dive into all the information you need to be a great project manager.
You can manage your projects quickly and easily
TeamGantt makes it easy to create, schedule, and track project plans. It’s also fun! Drag and drop is all you need.
You can also share your progress online and collaborate with your stakeholders and team members in real-time, as all project action takes place online. No more boring spreadsheets and no more chasing down updates.