Project Management Terminology Starting with “R” – Practical Guide - Part 1
Understand project management terminology starting with “R” including risk, risk analysis, resource management and responsibility matrix.
Project Management Terminology (Starting with “R”)
1. Risk
Definition:
An uncertain event that can affect project objectives (time, cost, scope, quality).
Simple Meaning:
Aisi situation jo project ko impact kar sakti hai.
Example:
Crane failure during pump erection is a project risk.
2. Risk Management
Definition:
Process of identifying, analyzing, and controlling risks.
Simple Meaning:
Risk ko identify karke control karna.
Example:
Heavy lifting ke liye backup crane arrange karna.
3. Risk Register
Definition:
A document listing identified risks, their impact, and mitigation actions.
Simple Meaning:
Risk list with action plan.
Example:
Monsoon delay, material delay, manpower shortage — sab register me list.
4. Risk Mitigation
Definition:
Actions taken to reduce risk impact or probability.
Simple Meaning:
Risk kam karne ke steps.
Example:
Material advance order to avoid delay.
5. Risk Response Plan
Definition:
Strategy for handling each identified risk.
Simple Meaning:
Risk aaye to kya karna hai.
Example:
If pump delivery delay → alternate supplier plan.
6. Residual Risk
Definition:
Risk remaining after mitigation actions.
Simple Meaning:
Control ke baad bhi jo risk bacha hai.
Example:
Backup crane hone ke baad bhi lifting risk 100% eliminate nahi hota.
7. Resource
Definition:
People, equipment, or materials required for project work.
Simple Meaning:
Manpower + machine + material.
Example:
Fitters, riggers, crane, welding machine.
8. Resource Allocation
Definition:
Assigning resources to project tasks.
Simple Meaning:
Kaun sa resource kis kaam me lagega.
Example:
2 fitters + 1 welder assigned for piping work.
9. Resource Leveling
Definition:
Adjusting schedule to balance resource usage.
Simple Meaning:
Resource overload ko balance karna.
Example:
Ek hi crane do jagah required ho to schedule adjust karna.
10. Resource Plan
Definition:
A plan that defines resource requirement for the project.
Simple Meaning:
Kitne log aur machines kab chahiye.
Example:
Erection phase me 20 manpower required.
11. Responsibility Assignment Matrix (RAM)
Definition:
Chart showing roles and responsibilities for project activities.
Simple Meaning:
Kaun kya kaam karega.
Example:
RACI matrix (Responsible, Accountable, Consulted, Informed).
12. RACI Chart
Definition:
A type of RAM showing responsibility roles.
Simple Meaning:
Role clarity chart.
Example:
Project Manager = Accountable
Site Engineer = Responsible
13. Requirement
Definition:
A condition or capability needed by the project.
Simple Meaning:
Client ki demand ya need.
Example:
Pump pressure 250 bar required.
14. Requirements Traceability Matrix (RTM)
Definition:
A document linking requirements to deliverables.
Simple Meaning:
Requirement track karne ka document.
Example:
Each client requirement mapped to design and testing.
15. Rework
Definition:
Work that must be redone due to errors or defects.
Simple Meaning:
Galat kaam ko dobara karna.
Example:
Wrong alignment → pump re-alignment required.
16. Review
Definition:
Evaluation of project work or documents.
Simple Meaning:
Check karna.
Example:
Drawing review before fabrication.
17. Root Cause Analysis (RCA)
Definition:
Technique to identify the main cause of a problem.
Simple Meaning:
Problem ka asli reason dhundhna.
Example:
Repeated bearing failure → lubrication issue root cause.
18. Rolling Wave Planning
Definition:
Planning near-term work in detail and future work at high level.
Simple Meaning:
Abhi ka kaam detail me, future ka rough plan.
Example:
Current erection detail, future commissioning rough plan.
19. Request for Proposal (RFP)
Definition:
A document inviting vendors to submit proposals.
Simple Meaning:
Vendor ko proposal dene ke liye request.
Example:
Laser cutting machine ke liye RFP issue.
20. Request for Quotation (RFQ)
Definition:
A request to vendors for price quotation.
Simple Meaning:
Rate mangna.
Example:
Pump supplier se quotation lena.
Related Articles
- Project Management Terminology Starting with “P”
- Project Management Terminology Starting with “Q”
- Project Management Terminology Starting with “R” - Part 2
- Project Management Terminology Starting with “S”- PART 1
- Project Management Terminology Starting with “S”- PART 2
- Project Management Terminology Starting with “T” - Part 1
- Project Management Terminology Starting with “T” - Part 2
- Project Management Terminology Starting with “U” - Part 2
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