Event chain diagram - A visual representation of a schedule network based on event chain methodology. It shows relationships between project activities and risk events.
Event chain methodology - A schedule network analysis method that enables uncertainty modeling. It is used to identify risk events’ impact on a schedule.
Event-Driven - The adjective describes an action that is prompted by the occurrence of an event.
Execution phase - The execution phase begins after activity approval and is the phase in which the team executes the project plan. Execution is typically the longest and most expensive phase in the project management life cycle.
