YancyPM

All events, both positive and negative whose probabilities are neither 0% nor 100%. Uncertainty is a distinct characteristic of the project environment.

A physical or notional instrument used in performing an operation as a means to an end. The application of specific principles and/or reasoning to the resolution of project management issues or problems.

The technical or special terms used in, or peculiar to, a business, art, science, discipline, field, trade, or special subject.

The technique of selecting a representative part of a population for the purpose of determining parameters or characteristics of the whole population. A small part selected as a sample for inspection or analysis.

The types are events that if they occur can jeopardize the successful completion of the project.

The correction of defective work. May take place either before, during or after inspection or testing.

The selection of resources in type and quantity required to complete a project.

The overall quality intentions and direction of an organization as regards quality, as formally expressed by top management.

That aspect of the overall management function that determines and implements the quality policy.

The costs of the totality of features and characteristics of a product or service that bear on its ability to satisfy stated or implied needs.