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4 Categories of Project Management Methods

Rebel’s Guide to PM

The four types of project management methods are: Data gathering and analysis methods Estimating methods Meetings and events Other (because it’s always worth having a bucket category for anything else, right?). Data gathering and analysis methods. Earned value analysis. SWOT analysis. Root cause analysis.

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AI in Project Management: An Interview with Lloyd Skinner

Rebel’s Guide to PM

When those tasks are automated, Lloyd believes the project manager can focus on human-based tasks like business change, “knocking heads together to get decisions”, governance, and stakeholder engagement. You apply AI to project management: feed the data in and do the analysis.”. Every company is different.”. How it started for Greyfly.

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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

B – Project Management Terms Backlog Backlog is a term from the Agile methodology Scrum, but is also used across industries to track every single thing that is needed to complete a product in development. Baseline A baseline is an estimate of the project’s scope, schedule and costs that is created during the planning stage.

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How to Write a Business Case (Template Included)

ProjectManager.com

The following is a detailed outline to follow when developing your business case. Once you have all the tasks collected, estimate how long it will take to complete each one. Your budget is an estimate of everything in your project plan and what it will cost to complete the project over the scheduled time allotted.

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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

Are there benefits to developing a capital improvement plan? This is a tool used more often by public entities such as local governments for major public expenditures. A financing plan will have to be created, estimating the overall cost of each project. Related: Free Estimate Template for Excel.

Planning 330
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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

Programming and feasibility are where the planning team defines the project’s objectives and goals. A site analysis is also conducted. This information directs the design development, equipment and materials that will be used in construction. A feasibility study is done to make sure the project is worth pursuing.

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125 Project Management Buzzwords

The IIL Blog

Whether you are just starting out, developing your project manager resume, or a seasoned professional, mastering the Project Management Buzzwords is non-negotiable. Agile team A cross-functional group of individuals (e.g., Business case An organization will develop a document to justify the investment in a project (i.e.,