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The point of total assumption ( PTA) is a point on the cost line of the profit-cost curve determined by the contract elements associated with a fixed price plus incentive-Firm Target (FPI) contract above which the seller effectively bears all the costs of a cost overrun. The seller bears all of the cost risk at PTA and beyond, due to a dollar ...
Body of knowledge. A body of knowledge ( BOK or BoK) is the complete set of concepts, terms and activities that make up a professional domain, as defined by the relevant learned society or professional association. [1] It is a type of knowledge representation by any knowledge organization. Several definitions of BOK have been developed, for ...
Float (project management) In project management, float or slack is the amount of time that a task in a project network can be delayed without causing a delay to: [1] : 183. project completion date (" total float "). Total float is associated with the path. [2] : 508 [1] : 183 If a project network chart/diagram has 4 non-critical paths, then ...
PMI Educational Foundation. PMI Educational Foundation was founded in 1990 by the Project Management Institute (PMI®). It is a non-profit, non-political, public charitable organization. As a charitable organization, it is dependent on contributions to provide the income necessary to undertake its purposes.
Total Cost Management. Total cost management (TCM) is the name given by AACE International to a process for applying the skills and knowledge of cost engineering. It is also the first integrated process or methodology for portfolio, program and project management. It was initially conceived by Thomas D. Fromm and John Nunnemaker of Perkins ...
t. e. The Software Engineering Body of Knowledge ( SWEBOK ( / ˈswiːˌbɒk / SWEE-bok )) refers to the collective knowledge, skills, techniques, methodologies, best practices, and experiences accumulated within the field of software engineering over time. A baseline for this body of knowledge is presented in the Guide to the Software ...
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