project management glossary
purchasing
A carefully administered and controlled process for the
acquisition of goods and service at the best possible price to meet the needs of
a project.
purchasing strategy
To the extent that there may be alternative approaches, the determination
of the most suitable means of obtaining goods and services to meet project
requirements. For example, ranging from bulk purchases to Just-In-Time,
etc.
pure risk
See Insurable Risk.
purpose
An end to be obtained.
pv
See Price Variance
pvwa
See Planned Value For Work Accomplished
