Mgmt232_Ch2

An interrelated set of activities with a definite starting and ending point which results in a unique outcome for a specific allocation of resources.

A systemized, phased approach to defining, organizing, planning, and controlling projects.

An interdependent set of projects that have a common strategic purpose.

A statement of all work that has to be completed.

The smallest unit of work effort consuming both time and resources that the project manager can schedule and control.

A network planning method, designed to depict the relationship between activities, that consists of nodes (circles) and arcs (arrows)