References
The industrial planning glossary.
Forty terms, defined without needless jargon — from critical path to generative scheduling.
B
- Baseline
- The reference version of a schedule, frozen at a given point in time, against which actual progress is compared. It is used to measure schedule and cost variances and to track approved changes.
- Bid schedule
- A schedule produced during the bid phase to commit the company to a delivery date. Though built quickly, it locks in the contract's margins.
C
- Capacity planning
- Consolidating the demand placed by projects against the available capacity of teams and assets, by discipline and by period. It reveals over-allocations before they cause delays.
- Concurrent work
- Several teams or companies working at the same time in the same area or on the same system. It requires sequencing and safety rules, especially in industrial and nuclear maintenance.
- Cost and schedule overrun
- The gap between planned and actual cost or duration. Caught early, it can be corrected; caught late, it has to be absorbed.
- Cost estimating
- Estimating costs and assigning them to the activities of a schedule (labor, equipment, procurement). It ties the timeline to the budget.
- CPM
- Critical Path Method, formalized in the late 1950s. It calculates the early and late dates of each activity from durations and logic links.
- Critical path
- The sequence of activities in which any delay pushes back the project finish date. Calculated from logic links, it ignores resource availability by default.
D
- Data pool
- A structured body of a company's project data: schedules, lessons learned, engineering data. It is the raw material for analysis and learning.
- DCMA 14-point assessment
- A set of 14 schedule construction checks formalized by the US Defense Contract Management Agency. It checks logic, links, constraints, float and the critical path, but not whether durations are realistic.
- Deep learning
- A family of machine learning methods based on multi-layer neural networks. It excels at combining many factors to recognize patterns.
- Demand vs. capacity
- A comparison between the work to be done (demand) and the resources available to do it (capacity). Demand above capacity signals over-allocation; demand below capacity, underutilization.
E
- EVM
- Earned Value Management. It compares work performed, valued at budget, with work planned and costs incurred, to separate schedule variance from cost variance.
F
- Float
- The time an activity can slip without delaying another activity (free float) or the project finish (total float). Negative float signals a commitment that can no longer be met.
G
- Gantt chart
- A representation of a schedule as horizontal bars along a timeline. Easy to read, it shows dates and links but not how reliable the durations are.
- Generative scenario planning
- AI-generated, complete schedule scenarios under real-world constraints, compared side by side to support trade-off decisions.
- Generative scheduling
- Automatic generation of a logic-driven schedule from documents, a prompt or a history of past projects. The planner reviews and validates the result.
K
- Kanban
- A method for visually managing the flow of work in columns (to do, in progress, done). Suited to tracking a team's day-to-day tasks.
L
- Learning loop
- The loop through which every completed project enriches the data and improves the next forecasts. It turns history into a compounding advantage.
- Lessons learned
- Insights drawn from past projects: actual durations, sequences, overruns and their causes.
- LLM
- Large Language Model, trained on vast bodies of text. Useful for reading and writing, it reasons on generalities rather than on a company's own history.
M
- MCP
- Model Context Protocol, an open protocol that gives an enterprise LLM governed access to applications and their data.
- Milestone
- A zero-duration event that marks a key step: a review, a delivery, a decision. Contractual milestones often carry liquidated damages.
- Monte Carlo simulation
- A simulation method that randomly draws thousands of plausible values for durations and costs to produce a distribution of possible finish dates. It expresses schedule as a probability rather than a single date.
- Multi-constraint
- Describes planning that simultaneously accounts for logic links, resources, inventory, contractual milestones and concurrent work. This is the normal situation on large industrial programs.
N
- No-code
- An approach that lets users configure, analyze or train without writing code. It makes AI accessible to subject-matter experts.
P
- Pattern mining
- Automatically searching data for patterns: recurring sequences, typical successions, frequent causes of delay.
- PPM
- Project Portfolio Management: selecting and prioritizing projects, allocating resources and tracking value.
- Predictability
- The ability to announce a date or a cost and to meet it. It is measured by the gap between planned and actual, project after project.
- Project controls
- The set of disciplines for keeping projects under control: planning, estimating, cost control, risk management and change management.
- Prompt
- A natural-language instruction given to an AI. In planning, it can describe a need from which a schedule is generated.
R
- Rescheduling
- Updating a schedule after a disruption or a change. Fast and scenario-based, it limits the impact; improvised, it just moves the problem elsewhere.
- Resource leveling
- Shifting activities to remove resource over-allocations. Tools do this with simple priority rules, without searching for the best overall solution.
S
- S-curve
- An S-shaped curve showing cumulative planned and actual work or costs over time. A classic EVM visual.
- Schedule defect
- A flaw that makes a schedule wrong or fragile: a missing link, an unrealistic duration, an unjustified constraint, inconsistent float. It is paid for during execution.
- Schedule quality check
- Automated schedule quality control that combines standard checks with company-specific rules and suggests corrections.
- Sovereign AI
- AI whose data, models and hosting are controlled by the user, under a jurisdiction of their choice. It stands in contrast to general-purpose AI services whose operation and hosting are beyond the customer's control.
W
- WBS
- Work Breakdown Structure, the hierarchical breakdown of a project's work into work packages. A tool for scope and control.
- What-if
- Simulating a variant ("what happens if?") to measure its effect on the schedule. Done manually, it tests one variant at a time.
- Workload
- The work assigned to a resource over a given period. Compared with capacity, it reveals over-allocation and underutilization.
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