Glossary

Project: A temporary work or activity aimed at creating a unique result, product or service. Projects have clearly defined objectives, boundaries, beginning and end.

Project management: The methodology for directing, planning, executing and controlling project activities. Project management includes the processes, tools and techniques that help to ensure the successful and timely completion of a project.

Project initiation: The first stage of the project management process, which defines and identifies the project's objectives, importance, requirements and resources. The initiation phase involves identifying the idea and the problem, exploring possible solutions, and identifying the resources to start the project. This allows a decision to be made as to whether the project is worth starting and investing resources in.

Planning: Detailed definition of the project's objectives, tasks and resources.

Implementation: The execution of phases and tasks to achieve the project objectives.

Control: The management of the process by which the performance of the project is monitored and evaluated.

Risk management: The concern and management of potential adverse events that may affect the project.

Evaluation: The analysis of project results to assess whether the objectives have been achieved.

Communication: The transfer of information and communication between project participants.

Evaluation and Improvement: A continuous process to improve the performance of the project by identifying potential areas for improvement.

Project closure: The phase in which the project activities are formally concluded and the project report is submitted.