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1 work in process calculation
"The value (hours) posted to the balance sheet as a project progresses. The WIP calculation applies to fixed-price projects, time and material projets and investment projects."English-Arabic terms dictionary > work in process calculation
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2 Team Work Center
A Web Part that combines a search list of projects in a site collection along with a timeline that shows how those projects relate to one another. -
3 milestone
"A point on the project schedule at which the project team assesses progress and quality, and reviews deviations in scope and specifications. A project may have many interim milestones for internal use only, which signal a transition within a phase and help divide large projects into workable pieces. External milestones or major milestones typically occur at the end of major phases of work and are associated with the completion of major deliverables. External milestones are the points where the team and customer review work to date and agree to proceed with the project, appear as a task with a duration of zero work units, and are exposed on customer reports." -
4 remaining availability
A resource's residual hours on hand minus hours assigned to work on other projects. -
5 proposed resource
A resource with a pending resource allocation to a task assignment that has not yet been authorized. This resource assignment does not detract from the availability of the resource to work on other projects. -
6 Approval Center
A feature that provides a centralized location for managers of all types to approve work and control progress on all of their projects plans. It gives managers the ability to preview the impact of accepting updates from resources as well as view their past history of accepted updates.
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