Budget at completion bac the sum of all budget values established for the work to be performed on a project or a work breakdown structure component or a schedule activity. This glossary is intended to assist you in understanding commonly used terms and concepts when reading, interpreting, and evaluating scholarly research in the social sciences. Computerbased or manual information system to aid decision making. These financial terms will help you to manage the budget, or when you are choosing a project. The number of work periods not including holidays or other nonworking periods required to complete an activity or other project element. The basic premise of project finance is that lenders loan money for the development of a project solely based on the specific projects. These securities have high credit ratings but are not backed by the full faith and credit of the u.
Project finance is generally used to refer to a nonrecourse or limited. Glossary of glossary of public finance terms 1 public finance terms about naco the voice of americas counties the national association of counties naco is the only national organization that represents county governments in the united states. Letter of credit conditional bank commitment issued on behalf of a customer to pay a third party in accordance with certain terms and conditions. Project finance glossary lexicon of project finance terms. The systematic and objective assessment of an ongoing or completed project, programme or policy, its design.
Project finance for renewable energy and clean technology projects chris groobey, partner, project finance. Glossary of research terms organizing your social sciences. Organizations qualifying under this section include religious, educational, charitable, amateur athletic, scientific or literary groups, organizations testing for public safety or. The primary uses of the project plan are to document planning assumptions and decisions, facilitate communication among stakeholders, and document approved scope, cost, and schedule baselines. So if you understand these financial terms, the chance of the projects success will increase significantly. A wpev task force, chaired by theworld bank, led the overall project, in collaboration with the secretariat.
Glossary of commonly used procurement terms page 4 of 10 pnppsgglossary. Project finance,emerging markets,developing countries,international finance,financing,capital investments item. Go through the glossary of financial terms and know the meaning of all financial terms through their definitions here at the economic times. Subsequent books of jargon have been published on european capital markets and bank finance and global restructuring. A glossary of terms relating to project management and consulting. Please minimize your use of acronyms when communicating with ut, and thirdparties, about procurement.
The selection of terms and their definitions in the attached glossary have been carefully discussed and analysed and have benefited from advice and inputs, notably from dac members and the academic evaluation community. Project manager the individual accountable for all aspects of a project. Project financing glossary us department of energy. A grant that is used for building costs, equipment or materials. Activity 1 a component of work performed during the course of a project. While project finance bears certain similarities to syndicated lending, there are a host of specific issues that mean that it is essentially a specialized discipline unto itself, effectively a discrete subset of syndicated lending. Glossary of budget terms office of financial management.
Released on the occurrence of certain events, such as foreign currency transfer restrictions, or to meet specified payments in relation to the project. Steps can be superimposed onto horizontal swimlanes for the roles that perform the steps activity. The complete glossary of project management terminology by kate eby on feb 24, 2017. Mow pms chapter 20 pm glossary of terms page 7 of 19 reference. A business analysts glossary for project management terminology. This glossary is a guide to the most commonly used business analysis and project management terms.
Glossary of finance terms national association of counties. Our lng glossary provides a comprehensive guide to these terms. A fiscal and accounting entity with a selfbalancing set of general ledger codes in which cash and other financial resources, together with all related liabilities and residual equities or balances, and changes therein, are recorded and segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions, or limitations. Acceptance criteria performance requirements and essential conditions that have to be achieved before project deliverables are. This glossary contains a list of almost 1,000 definitions for terms commonly used in the field of project finance. Project finance for renewable energy and clean technology. This glossary contains a list of almost definitions for terms commonly used in the field of project finance. Loans provided to projects through financial intermediaries, like commercial banks, under concessional flexible terms. The terms are also subject to change as applicable laws and customary practice evolve. The ultimate resource for project management terminology.
A comprehensive glossary of business analyst terms. Some loan and finance agreements have lower repayments than normal in return for a high final. Project finance glossary is an extensive lexicon of project finance terms that includes more than 400 project financing terms, words, phrases. Glossary of investment terms agency securities securities issued by u. It terms glossary information technology definitions. Dec 17, 2019 financial terms in project management are important for a strong project management process.
Morgan asset managements glossary of investment terms, which is a valuable resource especially if youre new to investing. A method of raising long term debt financing for major projects through financial engineering, based on lending against the cash flow generated. If another source was used other than the original. Project finance glossary case solution and analysis, hbs. Financial management and analysis of projects glossary. This glossary includes key terms and concepts used in dac statistics. This guide provides easytounderstand definition and explanation of financial. Project management glossary of terms page 8 fall 2007 budget the approved estimate for the project or any work breakdown structure component or any schedule activity. Project finance is the financing of longterm infrastructure, industrial projects and public services based upon a nonrecourse or limited recourse financial structure, in which project debt and.
Also included are general words and phrases defined within the context of how they apply to. Evaluation draws from data collected during monitoring, as well as data from additional surveys or studies to assess project achievements against set objectives. Duncan williamson, times educational supplement, december 2004. The glossary provides over 800 definitions from the apm body of knowledge 6th edition. Paul sticht, professor of international business at duke university. Project management glossary contains a number of project management terms that will help the project team to standardize the project s startup process. Project management has been increasing in visibility both inside and outside the executive office. Section ii provides definitions for terms you will likely need as your project. Pmp bank is your onestop portal for pmp tips, resources, advice and practice questions for the project management professional pmp exam which is provided by the project management institute. As a general matter, the project finance book of jargon is drafted from a uspractice perspective. Written report by an auditor in accordance with the terms of his appointment, in which. Feb 24, 2017 the ultimate resource for project management terminology. Glossary of business terms adjective adj headwords for adjectives followed by information in square brackets only before a noun and not before a noun show any restrictions on where they can be used. A model that illustrates the flow of processes andor complex use cases by showing each activity along with information flows and concurrent activities.
Banking terms list of important banking terminology pdf. Glossary of terms acceptance the formal process of accepting delivery of a product or deliverable. This az pocket guide to understanding financial terms is just one of the achievements of ebss partnership with nala. Financial terms and definitions the economic times. Project financing glossary 144a offering an offering under rule 144a of the securities act of 1933. This publication, a glossary of public finance terms for. Refers to a type of security that is exempt from registration with the securities and exchange commission. Financial terms in project management are important for a strong project management process.
Bankability the ability of a project to be accepted by lenders as an investment under a project finance scheme, or the ability of the project to raise a significant amount of funding by means of longterm loans under project finance, due to the creditworthiness of the project in terms of sufficiency and reliability of future cashflows. Certified public accountant cpa accountants who meet specific educational requirements and pass a national examination auditor professional whose work involves checking on the accuracy of work completed by bookkeepers and accountants bank teller bank employee who handles deposits. The planning, monitoring and control of all aspects of the project and the motivation of all. Chardham allweather road project to be delayed due to lockdown. Government agencies, such as the federal home loan bank. Accounting terminology guide over 1,000 accounting and. International glossary of business valuation terms 2001, the source will be noted in parentheses after the term is defined. Base case the lenders projections of project cash flow at or shortly before the stage of financial clos ure. Glossary of project management terms and acronyms used by project managers and business professionals. The complete glossary of project management terms smartsheet. Project plan is a formal, approved document used to guide both project execution and project control. Glossary of utility finance and accounting terms used in our seminars letters in parenthesis, preceding the definition, identify the sources used in compiling the glossary. Get easytounderstand explanations of all key concepts to make sure you use the right pm terms.
Understanding these terms and acronyms is an important. It is designed to build knowledge of project management processes and terms. Portfolio in finance is an appropriate mix of or collection of investments held by an institution or a private individual. Evaluation a periodic, systematic assessment of a projects relevance, efficiency, effectiveness and impact on a defined population. As a general matter, the project finance book of jargon is drafted from a. This glossary contains a list of nearly 1,000 definitions for terms used in the field of project financing. Banking terms and concepts are many and can sometimes be difficult to figure out, even for the industry professionals. Finance manual primarily addresses the financing of longerterm ppp projects. A financial, schedule, risk or resourcebased limitation on a project. Many of the provisions of the credit agreement for a project finance initiative pfi funding arrangement are similar to those found in a conventional syndicated loan agreement. Glossary of glossary of public finance terms 1 public finance terms about naco the voice of americas counties the national association of counties naco is the only national organization that.
Project phases projects are broken down into manageable sections. Description this glossary contains a list of nearly 1,000 definitions for terms used in the field of project finance. The included terms raise complex legal issues about which specific legal advice will be required. Project finance glossary definition explanation escrow account a trust account, typically to hold monies on trust for the project lenders. Founded in 1935, naco provides essential services to the nations 3,068 counties. This person pushes the project team to work hard, liaise with stakeholders on behalf of the project. A business analysts glossary for project management. A laymans guide to financial terms utsc university of toronto. Champion a project champion makes project success a personal responsibility. Refers to the raising of finance for a project through the borrowing of funds from a banking institution or building. Project management glossary of terms page 6 fall 2007 a acceptance criteria those criteria, including performance requirements and essential conditions, which must be met before project deliverables are accepted. It has a practical application and many of the terms it contains are in common use throughout the business and legal communities. It provides concise definitions of 8,000 terms with 18,000 useful links. Ive included the list below to help you understand common acronyms you might see.
Learn about common it terms, technical jargon and information technology definitions in our comprehensive glossary. Section i is a listing of basic project management terms. Glossary of standard project management terms page i developed by comptia. The guide is an important resource that will help to create a much greater understanding of. Every course has its own glossary, and hence project management is not an exemption. Glossary of key terms in evaluation and results based. Lessor owner of property, the temporary use of which is transferred to another lessee under the terms of a lease.
Ppp cell, government of madhya pradesh page 1 ppp glossary term meaning availability the period when the facility or the relevant part thereof is able to provide the service as required under the ppp contract. Glossary of terms credit union notforprofit cooperatives of members with some type of common bond e. Now, with the emergence of business analysis as an independent field, understanding and using the correct terminology is more critical than ever. Project life cycle the duration of the project, composed of all the individual project phases within the project. The englishspanish glossary of lausd terminology was developed by the translations unit as a tool for translating and interpreting the most commonly used words and phrases in district documents, as well as in board meetings, iep meetings, expulsion hearings, and a variety of other meetings that involve district officials and the community. Having launched it originally in 2004 we have now updated it with modern terminology to meet with the increasing demand for the book. Person or entity that has the right to use property under the terms of a lease. One of the main sources of financial dictionary is the financial glossary by campbell r. Project finance glossary harvard business publishing education. Apr 22, 2019 project finance is the financing of longterm infrastructure, industrial projects and public services based upon a nonrecourse or limited recourse financial structure, in which project debt and.
Project management glossary terms usaid learning lab. A project phase is the logical segmentation of the work to an identifiable point within the. Also included are general words and phrases defined within the context of how they apply to research in the social and behavioral sciences. Ppp glossary directorate of institutional finance, govt. Project one working glossary of workday terms updated as of july 1, 2019 this is a working document that is subject to updates and edits at any time. Ppp glossary term meaning availability the period when the. Noun n the codes c and u show whether a noun, or a particular sense of a noun, is countable an agenda, two agendas or uncountable. Having launched it originally in 2004 we have now updated it with modern. Associated financing packages are subject to the same criteria of concessionality. 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.
723 1129 1251 222 462 787 963 358 579 645 24 729 583 1565 1267 617 1092 164 976 1539 474 585 1563 617 1484 683 1399 113 721 635