project management glossary

claim

 The assertion of one of the contracting parties against the other seeking financial adjustment or interpretation with financial implications of an existing contract, subject to the terms of the contract's dispute clause.

 The term "claim" should be reserved for extra payment sought by a construction contractor for work allegedly not included in the scope of its contract, or otherwise for damages or loss suffered because of actions or omissions by the Owner. Thus a claim is a legitimate request for additional compensation (cost and/or time) due to a change in the terms of the contract. The term "claim" would also apply to demands arising from a contractual dispute.

 A written demand or written assertion by one of the contracting parties seeking, as a matter of right, the payment of money in a sum certain, the adjustment or interpretation of contract terms, or other relief arising under or relating to the contract.

class

 A description of a set of objects that share the same attributes, operations, methods, relationships, and semantics. A class may use a set of interfaces to specify collections of operations it provides to its environment. See Interface.

classes

 A grouping of elements according to some criteria, e.g. Cost Classes