Clarity Glossary for Project and Portfolio Management

Availability

Availability describes the capacity of a resource that is available for projects or tasks.

Explanation

Availability indicates the extent to which a resource can be used for projectProjectA project is a temporary initiative with clearly defined objectives, resources, and a specific outcome. work within a specific period of time.

For human resources, availability is influenced by factors such as working time models, vacations, training, or already planned tasksTasksSynonym for → Action ItemAssigned piece of work.

In resource and project portfolio managementProject Portfolio ManagementProject portfolio management refers to the centralized management of all projects within a company., availability is a key foundation for realistic project planningProject PlanningSynonym for → Project ManagementPlanning of activities and project objectives.. Organizations need a clear understanding of how much capacity is actually available in order to successfully deliver projects.

Synonyms and Abbreviations

  • Resource Availability: available capacity of employees or teams
  • Capacity: general term for available work capacity

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