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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Cost Benefit Analysis How to calculate the potential benefits of a project in terms of money and then subtract the cost of the project from this figure. A cost benefit analysis will then determine if the project is worth the investment and whether it should be initiated or passed on.

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Risk Management Resources

Herding Cats

5, September/October 2011. The Effectiveness of Risk Management: An Analysis of Project Risk Planning Across Industries and Countries,” Ofer Zwikael and Mark Ahn, Risk Analysis , Vol. Risk as Analysis and Risk as Feelings: Some Thoughts about Affect, Reason, Risk, and Rationality,” Paul Slovic, Melissa L. 3, March 2002.

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A Compendium of Risk Management Resources

Herding Cats

5, September/October 2011. The Effectiveness of Risk Management: An Analysis of Project Risk Planning Across Industries and Countries,” Ofer Zwikael and Mark Ahn, Risk Analysis , Vol. Risk as Analysis and Risk as Feelings: Some Thoughts about Affect, Reason, Risk, and Rationality,” Paul Slovic, Melissa L. 3, March 2002.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

“Quantifying Uncertainty in Early Lifecycle Cost Estimation (QUELCE),” Robert Ferguson, Dennis Goldenson, James McCurley, Robert Stoddard, David Zubrow, and Debra Anderson, Technical Report, CMU/SEI-2011-TR-026 ESC-TR-2011-026. Eggstaff, Thomas A. Does Risk Management Contribute to IT Project Success? 2567-2578, Verona, Italy, 2009.

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Complete Collection of Project Management Statistics 2015

Wrike

3% use PRINCE2. [4]. Lean & Test Driven Development (TDD) – 11%. earned an average of 16% more (approximately $14,500 ) than their non-credentialed peers in 2011. [6]. Portfolio analysis, project selection, & prioritization – 65%. Popular Methodologies: 41% use PMBoK. 26% do not use a standard methodology.

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