| Subject | English | Icelandic |
| comp., MS | cost project | kostnaðarverk (An internal project for which costs of hours, expenses, and items can be registered, but not capitalized) |
| comp., MS | external project | ytra verk (A project with a direct customer relation) |
| comp., MS | fixed-price project | verkefni á föstu verði, fastverðsverk (A type of project in which the customer pays a predetermined amount for the entire project) |
| comp., MS | fixed-price project estimate | mat fastverðsverks (The estimated total cost to complete a fixed-price project) |
| comp., MS | internal project | innra verk (A project without a direct customer relation) |
| comp., MS | investment project | fjárfestingarverk (A project that has no immediate earnings and that is used to track and control costs. An investment project includes item, hour, and expense costs) |
| comp., MS | invoice project | reikningsverk (A set of projects that are invoiced from the same invoice proposal) |
| comp., MS | Netherlands Taxonomy Project | Nederlandse Taxonomie Project (A standard taxonomy (v1.0 based on XBRL 2.1 and IFRS) that is defined for all businesses operating in the Netherlands for reporting financial, tax, and statistical data to government agencies) |
| comp., MS | parent project | yfirverk (A project that has one or more subprojects) |
| comp., MS | project budget revision | endurskoðun á fjárhagsáætlun verks (A change to a project budget that affects the current and remaining available budget funds) |
| comp., MS | project file | verkefnaskrá (The file that contains information about the files that have been imported into or captured in the current project, and how files or clips have been arranged) |
| comp., MS | project funding rule | fjármögnunarregla verks (A rule in a project system that controls how project activities are funded by one or more funding sources based on project criteria and other conditions) |
| comp., MS | project group | verkflokkur (A classification of projects that have characteristics in common, primarily for specifying the ledger accounts to use for posting) |
| comp., MS | project quotation | verktilboð (A source document that documents an offer to supply a quantity of products output from project activities for a specified price and by a specified date in response to a request for quotation in a sales process) |
| comp., MS | Project Server permission model | Project Server heimildalíkan (A security model in which permissions are assigned directly in Project Server using global and category permissions) |
| comp., MS | Project Site | Project-vefsvæði (A site template that is designed to provide lightweight project management functionality, including Tasks, Calendar, Timeline, and Project Summary) |
| comp., MS | Project Site Sync | Samstilling Project-vefsvæðis (A mechanism that synchronizes permissions from Project Server to project sites throughout a site collection) |
| comp., MS | project type | verkgerð (A classification that determines how a project is posted to the ledger. Project type identifies an external project as fixed price or time and materials and an internal project as cost, investment, or time) |
| comp., MS | Project Web App Site Sync | Samstilling Project Web App-vefsvæðis (A mechanism that synchronizes permissions from Project Server to the Project Web App site) |
| comp., MS | recruitment project | ráðningarverk (A project to coordinate and track a program of recruiting activities and documentation) |
| comp., MS | summary project | safnverk (A parent project that is used only for structuring information and against which no transactions are registered) |
| comp., MS | time and material project | tíma- og efnisverk (An external project that is invoiced as work progresses based on the consumption of hours, expenses, items, fees, and on-account transactions) |
| comp., MS | time and materials project | tíma- og efnisverkefni (A project where the vendor invoices the customer based on work completed on the job. There is a direct relationship between the invoice lines and the usage already performed on the job) |
| comp., MS | time project | tímaverk (An internal project for which only hour transactions are registered) |