The processes used to finalize all activities to formally close a project.
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A document that authorizes a project, specifying the stakeholders and detailing the scope and objectives.
A formal proposal to modify any document, deliverable, or baseline.
The systematic approach to dealing with change both from the perspective of an organization and the individual.
A process that ensures that any changes made to a project are introduced in a controlled and coordinated manner.
A point of congestion or blockage in a system or process, which limits throughput and slows down production or progress.
A financial metric used to determine the relative value of projects. It calculates the benefit provided by a project against its costs.
Budgeted Cost of Work Performed. Represents the money budgeted for the work that has been performed up to a particular point in time.
The original plan plus or minus approved changes.
A belief considered true without verification, used for planning purposes.