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Know the Lingo?
 
Do you speak project management? See if you can define the following term and then check below to see if you are correct.
 
- Acceptance Criteria

Words of Wisdom
"Be aware of the realities of cost and effort. Going the cheap route is often more expensive."
- Odette Pollar
 
PM Industry Info
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Summer 2009
Project Managers, Inc.
www.ProjectMgrs.com
 
704.332.6611
Definition of Insanity -
Doing the same thing over and over and expecting a different result
      By Gail Bennett, PMP - Managing Director/Senior PM

Do you do the same thing over and over again because it's comfortable, no matter the outcome? In our unique economic environment, complacency equals inflation, inflated project costs that is.
 
Now, more than ever, is the time to consider how to plan, execute and control projects to avoid the excessive cost and schedule overruns experienced and accepted in the past. In order to do so, you have to deviate from your comfort zone.
 
Today is the day to become creative and make a concerted effort to evaluate project options based on requirements and weighted evaluation criteria and select the approach that is right for your company, customers and shareholders. 

Answer: Know the Lingo 

Acceptance Criteria is used to specify how the buyer or receiver of goods will determine if the product or service is acceptable. It is typically covered in a Statement of Work (SOW) and includes indicators or measures employed in assessing the ability of a component, structure or system to perform its intended function.
PM Lite - Top 10 Things a Project Manager Should Never Say to a Customer

10.
If you're as confused as I am then you know as much as I do.
9. Don't worry, it's easier than it looks.
8. I'm not sure what happened, it worked last time.
7. Implementation? We'll worry about that when we get to it.
6. The problem is we have too much work for too few people.
5. My last project was a complete disaster.
4. We can deliver much earlier than you're asking for.
3. We'll definitely come in under budget.
2. Are you stupid or what?
1. Nothing can go wrong, I promise.