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Q
Quality Assurance
(QA) (1) The process of evaluating overall
project performance on a regular basis to provide confidence that
the project will satisfy the relevant quality standards. (2) The
organizational unit that is assigned responsibility for quality
assurance.
Quality Control
(QC) (1) The process of monitoring specific
project results to determine if they comply with relevant quality
standards and identifying ways to eliminate causes of unsatisfactory
performance. (2) The organizational unit that is assigned responsibility
for quality control.
Quality Planning
Identifying which quality standards are
relevant to the project and determining how to satisfy them.
R
Remaining Duration
(RDU) The time needed to complete an
activity.
Request for Proposal
(RFP) A type of bid document used to
solicit proposals from prospective sellers of products or services.
In some application areas it may have a narrower or more specific
meaning.
Request for Quotation
(RFQ) Generally, this term is equivalent
to request for proposal. However, in some application areas it may
have a narrower or more specific meaning.
Reserve
A provision in the project plan to mitigate
cost and/or schedule risk. Often used with a modifier (e.g., management
reserve, contingency reserve) to provide further detail on what
types of risk are meant to be mitigated. The specific meaning of
the modified term varies by application area.
Resource Leveling
Any form of network analysis in which
scheduling decisions (start and finish dates) are driven by resource
management concerns (e.g., limited resource availability or difficult-to-manage
changes in resource levels).
Resource-Limited Schedule
A project schedule whose start and finish
dates reflect expected resource availability. The final project
schedule should always be resource-limited.
Resource Planning
Determining what resources (people, equipment,
materials) are needed in what quantities to perform project activities.
Responsibility Assignment Matrix
(RAM) A structure which relates the project
organization structure to the work breakdown structure to help ensure
that each element of the project's scope of work is assigned to
a responsible individual.
Responsibility Chart
See responsibility
assignment matrix.
Responsibility Matrix
See responsibility
assignment matrix.
Retainage
A portion of a contract payment that
is held until contract completion in order to ensure full performance
of the contract terms.
Risk Event
A discrete occurrence that may affect
the project for better or worse.
Risk Identification
Determining which risk events are likely
to affect the project.
Risk Quantification
Evaluating the probability of risk event
occurrence and effect.
Risk Response Control
Responding to changes in risk over the
course of the project.
Risk Response Development
Defining enhancement steps for opportunities
and mitigation steps for threats.
©2001, Strategic Management Group, Inc.
All
Rights Reserved
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