Chap 2 Key Terms 1

Question 1

Budget

Answer 1

Means to justify the allocation of resources, set priorities and make decisions regarding what can and cannot be accomplished.

Question 2

Circuit Work

Answer 2

Completing all necessary line clearance on a feeder or circuit basis.

Question 3

Contract

Answer 3

A legally enforceable agreement between 2 or more parties. Has 5 basic legal elements: offer, acceptance, consideration, legal and possible objective, and competent parties.

Question 4

Critical Path

Answer 4

In project management, the longest period of time a series of tasks requires from project beginning to end.

Question 5

Dependencies

Answer 5

Relationships that dictate when tasks in the work breakdown structure begin and end.

Question 6

Geographic Information System (GIS)

Answer 6

Layered mapping application consisting of a base map and overlays, containing features and information that can be viewed singularly or in combination.

Question 7

Hotspotting

Answer 7

Process by which limited tree work is scheduled on a specific area of the network where shorts or outages are occurring.

Question 8

Labor Union (i,e. communism 101)

Answer 8

Organization of employees that collectively negotiates wages, benefits, working conditions and other matters.

Question 9

Mid-Cycle Pruning

Answer 9

Process where trees growing significantly faster than most other trees are pruned at approximately half the scheduled maintenance cycle length, enabling a longer interval for slower-growing trees.

Question 10

Performance Appraisal

Answer 10

Employee evaluation

Question 11

Performance Budgeting

Answer 11

A budgeting strategy that stresses the goals and objectives of a program. It often involves mission statements and performance measures.

Question 12

Profit Center

Answer 12

Accounting configuration where expenditures are sources of revenue. A profit center can be a product or service, a region, a distribution channel or other consideration.

Question 13

Program Budgeting

Answer 13

Budgeting strategy in which line items are organized into programs, rather than accounts, with a focus on outcomes, rather than inputs. Examples of programs might be labor, chemicals, or individual projects.

Question 14

Preventive Maintenance

Answer 14

Maintenance operations scheduled to take place in advance of failure or other problems (contrast with reactive maintenance).

Question 15

Reactive Maintenance

Answer 15

Maintenance operations that take place after a problem has occurred (Contrast with preventive maintenance).

Question 16

Specifications

Answer 16

Document stating a detailed, measurable plan or proposal for provision of a product or service.

Question 17

SWOT analysis

Answer 17

In project management, analysis of Strengths, Weaknesses, Opportunitites, and Threats (SWOT).