R

Rebaselining Setting a new project baseline if there are substantial changes to the schedule or the budget.

Request for proposal (RFP) A document that is sent out to potential vendors requesting them to provide a proposal on a product or service.

Requirement The specifications of the goal or deliverable .

Resource planning Definition of all the resources needed and the quantity of resources needed to perform project activities.

Resource pool description A list of all job titles within a company or department with a brief description of the job. May identify the number of people currently employed in each job title.

Resource requirements A document containing a description of the resources needed from all three resource types for work package items from the WBS.

Responsibility Assignment Matrix (RAM) Ties roles and responsibilities with the WBS elements to ensure that each element has a resource assigned. Usually displayed in chart form.

Revision An update to the approved start or end date of the schedule baseline, typically a result of approved scope changes.

Rework Any action that is taken as a result of quality activities to correct a defect.

Risk An element of uncertainty that can have either negative or positive consequences.

Risk analysis The process used to identify and focus on those risks that are the most critical to the success of your project.

Risk identification Identifying the potential project risks and documents their characteristics.

Risk management plan Details how risk management processes will be implemented, monitored , and controlled throughout the life of the project. It does not define responses to individual risks.

Risk monitoring and control Process of responding to risks as they occur based on the risk management plan, which details how risks are managed, and the risk response plan, which details how risk response strategies are implemented in the event of an actual risk event.

Risk planning A process determining how areas of uncertainty will be managed for a project.

Risk response planning The plan for steps to reduce threats and take advantage of opportunities; assigns departments or individual staff members the responsibility of carrying out the risk response plans developed in this process.

Risk trigger An event that warns a risk is imminent and a contingency plan should be implemented.