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| Project budget | Planned an approved costs for the project includes personnel, materials and other costs associated with the project. |
| Project Benefits | Organizational increases in revenue, decreases in costs, or increased performance which occur as resulting of an organizational project. |
| Schedule | In project management , it refers to the time line the project follows. |
| Risk | A potential occurrence or uncertainty that would jeopardize the success of a project. |
| Opportunity | A possibility to enhance project benefits |
| Gantt Chart | A bar chart that is a graphic time line representation of project activities. |
| Contingency plan | An alternative action plan that could be implemented following a classified risk event. |
| Forecasting | prediction regarding financial performance used in developing budget targets. |
| Scope | In project management a term that refers to the size of the project. Scope creep is the addition of elements to the core project which increases the size of the project. |
| Dependency | The sequence or timing of project activities which may be dependent on other project activities or the outcomes of other projects. |
| Deliverable | Product or output that is the outcome produced through project processes. |
| Work Breakdown Structure | Project tasks that are broken down into detailed activities and assigned to a person, have a specific time line and a defined scope. |