Remove Budget Remove Critical Chain Remove Performance Measurement Remove Project Cost
article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a project management methodology focused on team communication and feedback rather than strict following rules and scripts. . is an approach to evaluating a gross value applying such criteria as budget, complexity, duration, and size based on a previous similar project estimation experience. . Acquire Project Team .

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a project management methodology focused on team communication and feedback rather than strict following rules and scripts. . is an approach to evaluating a gross value applying such criteria as budget, complexity, duration, and size based on a previous similar project estimation experience. . Acquire Project Team .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Bottleneck: In project management terms, a bottleneck is any constraint that restricts the movement of a process. With this approach, the project's cost and/or duration are calculated by adding the cost/duration of all its constituent activities. Budget : The sum total of all the money allocated for a project.

article thumbnail

Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

MPUG

But delivering as quickly as [inaudible 00:17:09], get it done right now, minimizing project costs, cheap, right? Jeff: So the sections involved within the planning performance, planning overview, different variables to consider, how it coincides with delivery, estimating, and presenting adjusting estimates, schedules, dependencies.

PMI 59