R Terms

R Terms

Requirement

Requirement
A condition or capability that is required to be present in a product, service, or result to satisfy a contract or other formally imposed specification.

Requirements Management Plan

Requirements Management Plan
A component of the project or program management plan that describes how requirements will be analyzed, documented, and managed.

Requirements Traceability Matrix (RTM)

Requirements Traceability Matrix (RTM)
A grid that links product requirements from their origin to the deliverables that satisfy them.

Resource Breakdown Structure

Resource Breakdown Structure
A hierarchical representation of resources by category and type.

Resource Calendar

Resource Calendar
A calendar that identifies the working days and shifts upon which each specific resource is available.

Resource Leveling

Resource Leveling
A technique in which start and finish dates are adjusted based on resource constraints with the goal of balancing demand for resources with the available supply.

Responsibility Assignment Matrix

Responsibility Assignment Matrix
A grid that shows the project resources assigned to each work package.

Risk

Risk
An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives.

Risk Acceptance

Risk Acceptance
A risk response strategy whereby the project team decides to acknowledge the risk and not take any action unless the risk occurs.

Risk Avoidance

Risk Avoidance
A risk response strategy whereby the project team acts to eliminate the threat or protect the project from its impact.

Risk Breakdown Structure

Risk Breakdown Structure
A hierarchical representation of risks that is organized according to risk categories.

Risk Category

Risk Category
A group of potential causes of risk.

Risk Management Plan

Risk Management Plan
A component of the project, program, or portfolio management plan that describes how risk management activities will be structured and performed.

Risk Mitigation

Risk Mitigation
A risk response strategy whereby the project team acts to reduce the probability of occurrence or impact of a risk.

Risk Register

Risk Register
A document in which the results of risk analysis and risk response planning are recorded.

Risk Transference

Risk Transference
A risk response strategy whereby the project team shifts the impact of a threat to a third party, together with ownership of the response.

Rolling Wave Planning

Rolling Wave Planning
An iterative planning technique in which the work to be accomplished in the near term is planned in detail, while the work in the future is planned at a higher level.