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APMP Section 1

Project context

TermDefinition
Health and safety management The process of identifying and minimising threats to workers and those affected by the work throughout the project, programme or portfolio life cycle.
Safety plan The standards and methods that minimise to an acceptable level the likelihood of accident or damage to people or equipment.
Business-as-usual An organisation's normal day-to-day operations.
PRINCE2 A project management method created for government projects. It is an acronym standing for PRojects IN Controlled Environments (second version). It is intended to be generic.
Professionalism The application of expert and specialised knowledge within a specific field and the acceptance of standards relating to that profession.
Project A unique, transient endeavour undertaken to achieve planned objectives.
Project management The application of processes, methods, knowledge, skills and experience to achieve the project objectives.
Setting The relationship of the project, programme or portfolio with its host organisation.
Blueprint A document defining and describing what a programme is designed to achieve in terms of the business and operational vision.
Programme A group of related projects and change management activities that together achieve beneficial change for an organisation.
Programme management The coordinated management of projects and change management activities to achieve beneficial change.
Tranche A sub-division of the delivery phase of a programme created to facilitate approval gates at suitable points in the life cycle.
Balance A phase in the portfolio life cycle where the component projects and programmes are balanced in terms of risk, resource usage, cash flow and impact across the business.
Categorise A phase in the portfolio life cycle where the component projects and programmes may be grouped according to shared characteristics.
Portfolio A grouping of an organisation's projects, programmes and related business-as-usual activities taking into account resource constraints. Portfolios can be managed at an organisational, programme or functional level.
Portfolio management The selection, prioritisation and control of an organisation’s projects and programmes in line with its strategic objectives and capacity to deliver.
Context A collective term for the governance and setting of a project, programme or portfolio.
Environment The circumstances and conditions within which the project, programme or portfolio must operate.
Setting The relationship of the project, programme or portfolio with its host organisation.
Operations management The management of those activities that create the core services or products provided by an organisation.
Created by: lworsley
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