Curious about the difference between buffer vs padding in project mangement? Coming from a risk management background, I have always been offended and felt that little chill go down my spine when someone would ask if I had “padded” my numbers referring to my adding a contingency amount to scheduled tasks or budget items. Here is how I teach people not to replace the word “padding” with the word buffer.

50 Project Management Terms You Should Know

To deliver a project successfully, it is important to start the project with proper identification and pre-defined goal. For this, it is required to know and understand the project management terms. This article is the project management terms cheat sheet for those who are not familiar with the project management. Here, we have covered all the project management terms that you should know. So, give a good start to your project management career by reading these important project management terms.

Important Concepts of Project Time Management


“I am definitely going to take a course on time management… just as soon as I can work it into my schedule.” – Louis E. Boone

Aspirants of PMP exam must cement their understanding of some of the key terms and concepts, before working on individual processes covered in each knowledge area. By doing so, they will be able to reduce the time required to understand the processes and prepare well for the exam.

In this article, we will make an attempt to understand some of the key terms and concepts in Project Time Management knowledge area.