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A Comprehensive Glossary of
Project Management Terms
Everything you need to know about project management in one list
Cc
- Contingency Plan
- Case Study
- Constraint
- CAPEX (Capital Expenditure)
- Change control
- Change freeze
- Change management plan
- Change request
- Closing Phase
- Communications Management Plan
- Cost Management Plan
- Cost Overrun (Budget overrun)
- Cost Performance Index (CPI)
- Critical Chain Project Management (CCPM)
- Critical Path
- Critical Path Method (CPM)
- Change Management
Mm
Oo
Yy
Zz
Aa
- Acceptance Criteria
- Adaptive Project Framework (APF)
- Aggregate Project Plan (APP)
- Agile
- Artifact
- Assumptions
Bb
Cc
- Contingency Plan
- Case Study
- Constraint
- CAPEX (Capital Expenditure)
- Change control
- Change freeze
- Change management plan
- Change request
- Closing Phase
- Communications Management Plan
- Cost Management Plan
- Cost Overrun (Budget overrun)
- Cost Performance Index (CPI)
- Critical Chain Project Management (CCPM)
- Critical Path
- Critical Path Method (CPM)
- Change Management
Dd
Ee
Ff
Gg
Hh
Ii
Jj
Kk
Ll
Mm
Nn
Oo
Pp
- Project Portfolio
- Program Manager
- Performance Indicator
- Planning phase
- PRINCE2 (PRojects IN Controlled Environments)
- Project
- Project Proposal
- Priority Matrix
Rr
Ss
- Scope Statement
- Six Sigma
- Schedule Management Plan
- Scheduling
- Scope
- Scope Creep
- Scrum
- Sprint
- Stakeholder
Tt
Uu
Vv
Ww
Xx
Yy
Zz
What is the Cost Performance Index (CPI)?
The Cost Performance Index (CPI) is a method for calculating the cost efficiency and financial effectiveness of a specific project through the following formula:
CPI = earned value (EV) / actual cost (AC).
A CPI ratio with a value higher than 1 indicates that a project is performing well budget-wise. A CPI value of 1 indicates that a project is performing on budget. A CPI value that is less than 1 indicates that a project is over budget.
Further Reading:
– A Complete Guide to Deliverables in Project Management
– Dependencies in Project Management – A Complete Guide
– How to Effectively Track Project Progress for Success?
– How to Stay Organized at Work – 9 Simple Steps