A to Z Guide
A to Z resource of Project Management terms.
Project Closure
The final phase of a project where work is wrapped up, outcomes are reviewed, and the team reflects and transitions forward.
Project Budget
An estimate of the financial resources required to complete a project, aligned with goals, timeline, and deliverables.
Work Breakdown Structure (WBS)
A hierarchical tool that breaks a project into smaller, more manageable components.
Kick-off Meeting
The first formal meeting that brings the project team and stakeholders together to align on purpose, goals, and next steps.
Risk Assessment
A proactive process used to identify and evaluate potential challenges that could impact a project’s success.
RACI Matrix
A tool used to clarify roles and responsibilities for tasks and decisions across a project team.
Requirements Gathering
The process of identifying, documenting, and validating the needs and expectations of stakeholders for a project.
Statement of Work (SOW)
A formal document that outlines the objectives, scope, deliverables, and timelines for a project or initiative.
Requirement
A specific need, condition, or capability that must be fulfilled for a project to be considered successful.
Project Schedule
A timeline that outlines when key tasks, milestones, and deliverables will be completed throughout a project.