Project Management Terminology Starting with “I” – Easy Guide for Engineers & Students

1. Impact

Definition:
The long-term positive or negative effects of a project on people, systems, or the environment.

Simple Meaning:
The final long-term result or change created by the project.

Example:
Installing an automated descaling system in a steel plant increases production efficiency and reduces manual labour dependency — this is the impact of the project.

2. Implementation

Definition:
The phase of the project where planned activities are executed and deliverables are produced.

Simple Meaning:
The stage where actual project work is carried out.

Example:
Erection of pumps, piping installation, and commissioning at site are part of implementation.

3. Incremental Delivery

Definition:
A method where project outputs are delivered in smaller usable parts instead of one final delivery.

Simple Meaning:
Delivering the project step-by-step.

Example:
Software modules released phase-wise instead of delivering the entire system at once.

4. Information Management & Reporting

Definition:
The process of collecting, storing, analyzing, and sharing project data and progress information.

Simple Meaning:
Managing project information and reports properly.

Example:
Daily progress reports, weekly review meetings, and MIS reports are part of information management.

5. Initiating

Definition:
The formal process of starting a project and obtaining approval.

Simple Meaning:
The official start of a project.

Example:
Approval of project charter and kickoff meeting mark the initiating phase.

6. Inputs

Definition:
Resources required to execute project activities.

Simple Meaning:
Things needed to do the work.

Examples:

• Manpower

• Materials

• Machinery

• Money

7. Issue Management

Definition:
The process of identifying, tracking, and resolving problems that arise during project execution.

Simple Meaning:
Handling and solving project problems.

Example:
Delay in material delivery affecting schedule — resolving this through alternative supplier is issue management.

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