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A History of PMI & Its Role in Project Management

ProjectManager.com

Given its vast influence, it’s important to have a basic understanding of PMI and its history. It goes back to the 1960s, when project management became a discipline in aerospace, construction and defense industries. The Project Management Institute also sets the standard for ethics in the field. Quick Facts About PMI.

PMI 276
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What are the Objectives of the Work Breakdown Structure (WBS)?

NimbleWork

A Brief History The Work Breakdown Structure (WBS) has its origins in the mid-20th century, evolving primarily in industries such as defense, aerospace, engineering, and construction. Document Assumptions and Constraints : Document any assumptions or constraints that influenced the development of the WBS.

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6 Top Project Management Books for Engineers and Manufacturers

LiquidPlanner

The book covers a wide array of industries, including medical and pharmaceutical, aerospace, manufacturing, and more. What sets it apart from other PM books is the focus on applying PM techniques and principles to the beginning stages of a project to influence the budget, scope, and timeline as early as possible. Oberlender.

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2021 Defense Industry Challenges and Trends: the United States

Epicflow Blog

What are the consequences of the COVID-19 pandemic for the aerospace and Defense realms? The US Defense 2021 Budget . In terms of establishing the year’s budget, we can see the same trend as most European countries have in 2021 – reducing budgets for Defense by several percentage points.

2021 83
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Matrix Management for Strategic Projects

International Institute for Learning

The concept of matrix management and horizontal (or multidirectional) workflow became common practice in the aerospace industry beginning in the 1970s mainly because of technical reasons stemming from the need for innovation, new product development, and improved quality management practices.

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DDSTOP The Saga Continues

Herding Cats

In our domain of aerospace and defense, we have reference class for cost, schedule, architecture (DODAF), risk and other attributes of every system ever built in the DOD ( CAPE , CADE ) and NASA ( CARDe/Once ). Projects are over budget and behind schedule, to some extent because uncertainties are not accounted for in schedule estimates.

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DDSTOP The Saga Continues

Herding Cats

In our software-intensive system of systems domain, we develop proposals with 80% confidence of completing on time and on budget at the time of submission. Work performed using the budget for the Reducible uncertainties that create the risk. Here's how: Build a model of the needed Capabilities . So how do we get ±10% accuracy?