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Process
A package of inputs, tools and outputs used together to do something necessary and valuable for the project
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Phases
Phases have names like "requirements gathering," "design," "construction," "testing," and "implementation." Each phase of a project produces one or more deliverables
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Project
A project is a temporary (finite) group of related tasks undertaken to create a unique product, service, or result
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Program
A program is a larger effort than a project, because it is a group of related projects coordinated together.
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Portfolio
A company's project portfolio represents the entire investment in projects and programs
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Progressive Elaboration
Simply means that you do not know all of the characteristics about a product when you begin the project. Instead, they may be revisited often and refined.
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Project Management
Project management is using skills, knowledge, and resources to satisfy project requirements
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