You do not have to be a project manager to work on a project, but you may be working with one. You should know a few basic project terms, so you understand terms that may be communicated to you about a project. Milestone When a certain goal is met mid-project. Stakeholder Like the word sounds, it's someone who has a stake in the project. It could be the business owner, the project lead, the client or investor. Baseline A term of measurement used to rate the project performance. Often it is the schedule and/or the budget. Change management How changes to the project are managed. Often there will be a procedure for how changes may be made to the project. Risk Risks are things that could go wrong or change the project. Risks could be budget issues or scheduling challenges that need to be managed. Issue An issue is a challenge to the project. Often a challenge that makes it difficult or impossible for a team member to meet a goal. Project scope Scope is the parameters of the project. Scope is used to keep the team focused, but also to clearly show stakeholders how the project will be managed. Dependency A project dependency is simply a task that relies on another. For example, content and design projects have to be completed before the developer can implement them into their website. Deliverable The product or service to be delivered to the client (internal or external). There can be more than one per project. Sprint A sprint or an iteration is an incremental part of the project. If you hear something like, "we'd like to get this in the next sprint" that simply means they'd like to get it in the next work cycle of the project.