Glossary of Terms

This glossary contains definitions used by the Project Change Frame® and other methodologies supported by Lindsay McKenna Limited.

A number of definitions are taken from the Project Management Book of Knowledge (PMBOK®) from the Project Managment Institute. These are denoted by having (PMI) at the end of the definition..

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False Customer
See Customer, False.
Fast Tracking
Compressing the project schedule by overlapping activities that would normally be done in sequence. Also used to imply overlapping of normally sequential phases in a project life cycle. (PMI)
Feedback
Communication to a person, which gives that person information about how she/he is performing and affecting others.
FF
See Free Float.
Finish-Start (FS)
A dependency between activities where the second activity cannot start until the first activity has been completed.
Fixed Costs
Costs that do not change based on the number of units. These costs are nonrecurring. (PMI)
Float
  1. Float is also sometimes known as Slack. The amount of time a task can slip before it affects the next task's dates.
  2. The amount of time that an activity may be delayed from its early start without delaying the project finish date. Float is a mathematical calculation and change as the project progresses and changes are made to the project plan. Calculated by subtracting LS-ES or LF-EF. Both results should be the same. (PMI)
Force Field Analysis
A structured brainstorm, with the purpose of identifying forces in the business that will either help drive the proposed changes into the business, or will potentially resist the implementation of the changes.
Forward Pass
The calculation of the early start and early finish dates for the uncompleted portions of all network activities. (PMI)
Free Float
The amount of time an activity can be delayed without delaying the early start of any immediately succeeding activities.
Frequency Polygon
A method of presenting data employing single points joined by straight lines.
FS
See Finish Start.
Functional Manager
A manager responsible for activities in a specialised department or function (e.g. engineering, marketing, manufacturing). (PMI)
Functional Matrix
An organisation type where the project has a team leader in each functional departments and the products are passed from one team to the next. (PMI)
Functional Organisation
An organisational structure in which staff are grouped hierarchically by specialty (e.g. production, marketing, engineering). (PMI)
Functional Project-Portfolio
Portfolio of all projects managed within a function (Finance, Marketing etc), or involving significant functional resource to implement. May be at the level of a function in one country, across a region, or globally.

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