- Industria: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
A risk response planning technique associated with threats that seeks to reduce the probability of occurrence or impact of a risk to below an acceptable threshold.
Industry:Business services
A team-building process with the contractor and WSDOT used for the purpose of establishing overall project scheduling; understanding project commitments; and defining roles, responsibilities and levels of authority.
Industry:Business services
A contract is a mutually binding agreement, which obligates the seller to provide the specified product or service or result, and obligates the buyer to pay for it.
Industry:Business services
The process of tracking identified risks, monitoring residual risks, identifying new risks, executing risk response plans, and evaluating their effectiveness throughout the project life cycle.
Industry:Business services
The schedule activity that determines when the logical successor activity can begin or end.
Industry:Business services
The process of managing the contract and the relationship with the buyer and seller; reviewing and documenting how a seller is performing or has performed to establish required corrective actions and provide a basis for future relationships with the seller; managing contract related changes; and, when appropriate, managing the contractual relationship with the outside buyer of the project.
Industry:Business services
The document containing the results of the qualitative risk analysis, quantitative risk analysis, and risk response planning. The risk register details all identified risks, including description, category, cause, probability of occurring, impact (s) on objectives, proposed responses, owners, and current status. The risk register is a component of the project management plan.
Industry:Business services
The phase prior to the start of design where feasibility studies are done and conceptual project cost estimates are prepared. (We call this scoping or planning.)
Industry:Business services
The process of completing and settling the contract, including resolution of any open items, and closing each contract.
Industry:Business services
The process of developing options and actions to enhance opportunities and to reduce threats to project objectives.
Industry:Business services
