In project management, what does the term 'action items' refer to?

The term 'action items' refers specifically to tasks that need to be completed as part of a project. These are identified during meetings, project planning, or discussions and are crucial in ensuring that objectives are met and the project progresses as planned. Action items are typically assigned to specific individuals or teams, and they have defined deadlines for completion. This clear accountability helps maintain momentum and ensures that important tasks are not overlooked.

The other choices each represent different aspects of project management but do not embody the essence of 'action items' as effectively as the correct answer. Pending budget approvals relate to financial aspects of a project rather than specific tasks to be accomplished. Meetings scheduled for stakeholders involve communication and coordination rather than direct actions that lead to project progress. Reports generated at project completion are the culmination of the project’s efforts rather than active tasks that need to be addressed during the project's lifespan.