Glossary

Gateway Review: Review by a small team of people, independent of the procurement project, undertaken at key decision points (Gates) in the project (procurement) lifecycle

Government department: The terms government ‘department’, ‘department’ or ‘funding department’ are used interchangeably. Agencies are included in the Gateway Process.

Infrastructure: Fixed assets that support economic and social development in a fundamental way.

Milestone: Significant events or outcomes that mark the progress of a project.

Monitoring: Process of regularly collecting information to review performance against specified criteria.

Outcome: Measurement against specified criteria of the extent to which objectives are achieved.

Project profile model: The project profile model (PPM) is a high‑level assessment of the risk of a procurement activity. It provides an indication of the project’s complexity/risk rating: high (category 3), medium (category 2) or low (category 1).

Procurement: Process involving all activities following the decision that goods, assets, facilities or services are required. It involves defining the scope, the acquisition and the disposal of goods, assets, facilities and services.

Project: An undertaking with a defined beginning and objectives by which completion is identified. A project may be completed using one or a number of contracts.

Risk management: A structured methodology for identifying and analysing potential risks and implementing an appropriate plan to manage them.

Senior Responsible Owner: The Senior Responsible Owner is a generic title for the senior individual who takes personal responsibility for the successful outcome of a program or project.

Service provider: Includes contractors, sub-contractors, consultants, professional service contractors, suppliers, agents and employers who provide goods, assets, facilities or services to a client.

Skill development: Any work-related learning or training activity that results in enhanced skills, knowledge and aptitude to perform a job.

Training: The development of skills, knowledge and aptitude to perform a job.

Value for money: Value for money is determined by considering all factors relevant to a particular purpose. It includes experience, quality, reliability, timeliness, service, capital costs, whole-of-life costs, innovation and value-adding components such as meeting government’s economic, social and environmental policies.