Here are 13 important project management terms for your perusal. Purpose Without purpose, it’s hard for teams to exert the extra effort to get things done. Before you start, organize a kick-off meeting, and define the goal and what you’re trying to achieve. Goals Goals provide focus on how to design a road map to fulfill the objective. They should be S.M.A.R.T.: Specific, Measurable, Achievable, Relevant and Time-bound. Capabilities People are the most important resource of all. Go with those who have the skills, experience and will to achieve at the highest level. Resources Identify the resources required from capital, people, equipment, space, time and anything else needed to get the job done. Without the right resources, a project will fall short. Decisions Be clear about who can make what decision, what needs to be vetted by a committee and how quickly decisions are made. If too many people are involved, the risk of falling into an analysis paralysis increases. Make sur...
