An estimating technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters.

A relationship in which a schedule activity has more than one predecessor.

A relationship in which a schedule activity has more than one successor.

An estimate expressed as a percent of the amount of work that has been completed on an activity or a work breakdown structure component.

The process of reviewing all change requests; approving changes and managing changes to deliverables, organizational process assets, project documents, and the project management plan; and communicating the decisions.

The process of prioritizing individual project risks for further analysis or action by assessing their probability of occurrence and impact as well as other characteristics.

The process of numerically analyzing the combined effect of identified individual project risks and other sources of uncertainty on overall project objectives.

Integrated scope, schedule, and cost baselines used for comparison to manage, measure, and control project execution.

A technique that is used to measure, compare, and analyze actual performance of work in progress on the project against the baseline.

See project phase.