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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. Get started for free today. What Is Scrum?

SCRUM 412
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How to Build and Implement a Project Strategy

ProjectManager.com

Project Management Office (PMO): A PMO is responsible for defining and maintaining the standards for an organization’s project management. They help with prioritizing projects, providing governance guidelines and ensure that projects are beneficial to the organization by aligning with larger strategic goals.

Budget 374
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Project Budgeting: An Interview with Sol Benady

Rebel’s Guide to PM

The metrics to use include: Current cost Target cost Actuals vs year to date budget Run rate for the project Cost-benefit ratios. When you are looking at the phase of the plan, all projects are cyclical. You can use that figure as a way to apportion the budget over the project duration and track against it.

Budget 361
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125 Project Management Buzzwords

The IIL Blog

Activity An activity is the actual, specific task that must be performed in a project, i.e., the tactical level of work. Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. Also known as continuous process improvement.

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Review Project Management Maturity Model Fourth Edition

Henny Portman

resource management is broken down into the key components resource management planning, resource estimation, resource acquisition, team development and team management. Furthermore, for every knowledge area special attention is given to adaptive/agile environments. For each component you get best practices to look for or to implement.

PMO 119
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Estimates, Forecasts, Projections

Herding Cats

An Estimate is a value inferred for a population of values based on data collected from a sample of data from that population. The estimate can also be produced parametrically or through a simulation (Monte Carlo is common, but Method of Moments is another we use). . Estimates can be about the past, present, or future.

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What is A System for Value Delivery in Project Management

Project Pulse Journal

You will confidently align projects with organizational objectives, optimize resource utilization, and foster stakeholder engagement to deliver tangible value at every stage of the project lifecycle. Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.