Glossary Term T206 Modern Project Management

An acronym coined by futurist Jamais Cascio in 2020 for a world that is Brittle, Anxious, Nonlinear and Incomprehensible.

An acronym for a world that is Volatile, Uncertain, Complex and Ambiguous; used since the 1990s to describe environments that are hard to plan.

A management approach going back to Frederick W. Taylor (around 1900) that separates planning from doing and breaks work into small, standardized steps.

All projects and programs of an organization or unit that compete for the same resources, steered together so the organization does the right things.

A group of interdependent projects coordinated together to reach a shared strategic goal; it ends when that goal is reached.

A unique, temporary endeavor with a defined goal that is important, urgent or complex enough to need its own organization outside the normal line organization.

An approach that deliberately combines elements of traditional (plan-driven) and agile (iterative) project management, choosing for each part of a project what fits best.

A goal-setting method that pairs a clear, motivating objective with a few measurable key results that show whether you got there.