project management glossary

version

 A variant of some artifact; later versions of an artifact typically expand on earlier versions.

vertical organization

 An organization that exhibits a number of levels in its hierarchy and/or produces products that naturally stem one from another. For example, a forestry industry company that includes in its commercial activities from logging, to pulp, to bulk paper, to consumer paper, to related decorative and paper based products.

view

 A mode or manner of looking at or regarding something. An opinion or judgment colored by the feeling or bias of its holder.

 A simplified description (an abstraction) of a model, which is seen from a given perspective or vantage point and omits entities that are not relevant to this perspective. See also Architectural View.

virtual collocation

 An arrangement whereby project team members "meet" as often as necessary through teleconferencing. This arrangement has been made necessary for companies who operate globally, and has been made possible with modern communications technology.