Epicflow Blog

JULY 5, 2022

Estimation of project cost is one of the core practices of the project initiation stage, which becomes the basis for the approved project budget. However, the main challenge of this process is that it has to be performed under conditions of uncertainty – you can forecast only the approximate budget you’re going to spend on a project.

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Rebel’s Guide to PM

APRIL 5, 2024

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide -- Sixth Edition. Basically, each Knowledge Area (which you might see abbreviated to KA) is a category of concepts and processes with a common goal. PMBOK 7 talks about the 8 project performance domains.

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Teamweek

DECEMBER 22, 2023

Parametric estimation is a crucial estimation technique in project management. That’s because parametric estimations are highly accurate and take some guesswork from your estimation process. What is parametric estimating? The more granular the parameter, the more accurate the estimate.

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MPUG

JANUARY 8, 2024

The solution, of course, is estimating. There is a whole science to estimation, and it would be possible to go very deeply into this. But before we start, let’s tackle the Estimation Elephant in the Room…. The estimation techniques they use are a deliberate trade-off between speed and accuracy.

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ProjectManager.com

AUGUST 29, 2023

Plus we’ve added handy links to help you dive deeper into different topics with videos, articles and even our round-up of all resources so you can put these important terms into practice with your projects. 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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Rebel’s Guide to PM

FEBRUARY 12, 2024

Boost your skills: Make sure everyone on the team knows how to manage risks and what the process is. Skill #3: Managing scope Understanding the change management process and being able to navigate your way through the changes as they hit the project – that’s a great skill to have. Check that you know who needs to approve changes.

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Kiron Bondale

FEBRUARY 18, 2018

Project managers need to be comfortable with different estimation techniques. Foundational project management courses will teach you about analogous, bottom-up, parametric and three-point estimating. Estimate the size or effort of that story or work package. But have you heard of RBS?

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Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. Artifacts are categorized in the PMBOK® Guide – 7 th edition into 9 different types and that’s what this article is going to look at. The article will be updated in due course. What is an artifact?

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Logistics Artificial Inteligence PMI Performance Measurement 509

Rebel’s Guide to PM

SEPTEMBER 8, 2021

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?). Whether that’s a quality issue, a software bug, a broken process, or human error – it’s all worth investigating. Forecasting.

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Rebel’s Guide to PM

NOVEMBER 2, 2023

In the dynamic business environment, companies need accurate estimations for timely decision-making and futureproofing workforce availability against market volatilities. It is a step-by-step process that project managers can implement to estimate and allocate resources effectively.

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Rebel’s Guide to PM

JANUARY 31, 2024

The APM BOK defines project quality as: “The fitness for purpose of the degree of conformance of the outputs of a process, or the process itself to requirements.” Good” could be: The buttons are green The process takes less than 3 seconds Latency is 0.1 Good” then becomes your success criteria or quality measures.

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Rebel’s Guide to PM

MAY 25, 2022

We do it as children, we do it as teenagers (often terrifying our parents in the process) and we do it as adults. Strengths-based project management is an approach to project management that focuses on the people rather than the process. The courses are all eligible for PMI PDUs which is great! People copy what they see.

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PM Basics

SEPTEMBER 12, 2022

Scope management is a combination of processes and tools that help to identify tangible and intangible project outcomes. After that, these integrated processes help to describe, control, and validate the work to be done by the project team in order to create those outcomes. Then, you can dive deeper into each process and tool.

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Rebel’s Guide to PM

JUNE 29, 2022

But while there are clear sources (and advocates) for functional and technical requirements, there may be requirements which are neither functional nor technical, and the sources for these requirements may not be advocates for them during the course of the project. This article first appeared in 2014 and has been lightly edited to update it.

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Rebel’s Guide to PM

DECEMBER 13, 2022

It can be helpful to compare estimates back to actuals to review how accurate the estimates were and inform future task planning. Organize regular training sessions for your team, and encourage them to spend time completing courses like PMI Kickoff that will help them to do their job better or broaden their skills.

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Rebel’s Guide to PM

MARCH 11, 2021

AI has turned up in the project management trends articles over the past few years and it’s now most definitely here to stay. Project management is a human process,” he says, “It’s unique to the individual and the client, in terms of how good or how mature they are in regards to project delivery.”. Of course not – life moves on).

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Rebel’s Guide to PM

FEBRUARY 1, 2022

The most successful students also include reading a range of PMI-ACP books in their exam prep, as well as a training course, just as that little bit of extra comfort. A full PMI-ACP exam prep course. We love this course from respected trainer Cornelius Fichtner and it's a cost-effective way to prepare for your exam. Recommended.

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Rebel’s Guide to PM

DECEMBER 17, 2022

In this article, I’ll give you some tips about how to be aware of the impact of culture on communication at work and how to create an environment that is inclusive. Even bringing different organizations together can create a culture clash, for example, between informal workplaces and those that have strict project governance and processes.

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Rebel’s Guide to PM

MARCH 13, 2020

This is a guest article by author Edoardo Binda Zane. Scroll to the bottom to download this article as a handy PDF so you can keep it for reference as you create your proposal. First, you need to explain your project and process well in the narrative of your proposal. In this article, I will show you exactly how to do that.

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Rebel’s Guide to PM

SEPTEMBER 14, 2021

This is a guest article by Brantlee Underhill, Managing Director, PMI, North America. By McKinsey & Company’s estimates, this equates to a potential of three months of learning loss in math and one-in-a-half months of learning loss in reading. Take the course. How do we make this a reality? Free training! Kickoff from PMI.

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Rebel’s Guide to PM

NOVEMBER 21, 2022

Teamhood gives you two levels of Kanban swimlanes so you can design a process that is simple and advanced. I started with the high level process steps – initiation , execution, testing and so on. You can group columns so they represent different themes, steps, teams, whatever, within a process or list. You do that. No problem.

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Software Review Software Agile Estimate 393

Rebel’s Guide to PM

JULY 22, 2023

At this early stage in the project, we’re mainly dealing with ballpark figures like a rough order of magnitude estimate and educated guesses based on previous similar projects, so we need to keep the plan as high level as possible and avoid going into specifics. This article first appeared at Rebel's Guide to Project Management

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Kiron Bondale

MARCH 21, 2021

This article represents the confluence of three separate concepts I read about this week. The first came when I read Michael Küsters’s article Why WSJF is Nonsense which details the downside of blindly ranking work packages based on the Weighted Shortest Job First (WSJF) formula. of making a poor decision. (If

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Risk 2001 Estimate Leadership 227

Rebel’s Guide to PM

FEBRUARY 1, 2022

As well as a PMI-ACP training course, the most successful students also include a study guide in their exam prep because those books are designed to help you get ready for the test. In other words, you can work through them like you would a course. A full PMI-ACP exam prep course. Well, you’re in the right place! Recommended.

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The IIL Blog

JULY 12, 2023

I was the Chair for both the Sixth and Seventh Editions, and I wrote this article to help you navigate the layout of the latest edition of the PMBOK ® Guide. There was a big change in the Standard as the content shifted from being focused on Process Groups to project management principles. I’ll start by describing the Standard.

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Rebel’s Guide to PM

FEBRUARY 20, 2022

It’s probably fairer and less controversial to say that it was ‘estimated’ rather than created totally randomly from scratch. But she was worried that other people were interpreting the estimate as definite fact. Later in this article is an example of an ethical scenario that Jeff Furman found himself in on a project.

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Inloox

MAY 30, 2022

The costs, initially estimated at 190 million euros, have now risen to 332 million euros and are expected to keep increasing. During the extensive approval processes alone, inflation can already pose a threat to budget planning. The complexity of the processes of and between the service providers demand transparency.

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ProjectManager.com

SEPTEMBER 16, 2020

A project budget contains the financial details of your project, including the estimates of all the money you need to layout to lead a successful project, from resources to materials. That process isn’t free. That means your estimates have to be accurate, or as much so as you can make them. Company insurance.

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Resource Guru

JULY 19, 2023

Yes, creativity needs freedom to flow, but it also requires workflows to stay the course. You’ll see their advice and tips throughout the article as we attempt to create more context and practical tips. Then, you could get struck by bottlenecks because of inefficient processes—or a lack of them. television or radio).

Process 52

Process Technical Review Software Review Underperforming Technical Team 52

Rebel’s Guide to PM

SEPTEMBER 14, 2020

One of the reasons for that is scope creep – and that’s what this article is all about. The ‘formally authorized’ part is important because you can, of course, make changes to what’s in the scope statement at any point. Change control or change management is the process of managing unplanned but desired influences on the project.

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Rebel’s Guide to PM

MAY 16, 2022

It manages the process from requirement to release. Then set other parameters to help you manage them such as: Priority Estimate Description (this is where most of the info goes) Attachments Comments Tags. Of course, you can change a requirement later, if necessary, because we all know that happens often. What is Xebrio?

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Software Review Technical Review Software Estimate 359

Scrum.org

APRIL 30, 2021

estimating the work in size and value. Estimating Product Backlog items. The process of grouping the remaining cards into the new list is repeated until the last card in the pile. Estimating Product Backlog items. Scrum Teams estimate Product Backlog items by having developers assign a size to them.

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Scrum.org

AUGUST 28, 2023

In this article, we will explore some complimentary practices which the Product Owner might use to as an input when deciding how to order the Product Backlog. The complimentary practices below can help bring clarity to your thought process and can be used to potentially involve stakeholders in the process as well.

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Technical Review SCRUM Estimate Initiating 160

Scrum.org

AUGUST 31, 2020

Do you want to get this article in your inbox? That should be a continuous process. Is it a joint team effort with the PO, or is the Product Owner writing the work items and the Development Team estimates them?) How are you estimating the likely effort of a Product Backlog item? Or: when and how do you pick an estimate?

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Underperforming Technical Team SCRUM Estimate Agile 242

Rebel’s Guide to PM

MARCH 4, 2019

In this article, I’ll show you what project resource management is, set out a simple process to do it, describe the tools to help and give you tips to overcome some of the common issues. The Project Resource Management Process. Step 2: Estimate Resource Requirements. Project resource management is how you do this.

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Software Review PMI Prince2 Estimate 312

ProjectManager.com

JANUARY 26, 2021

A request for quote (FRQ) is part of that process with the request for proposal (RFP) and request for information (RFI). Using this free RFQ template for Word makes that part of the process easier. When you’re in the process of creating a contract with a vendor or contractor, one of the big points to settle on is price.

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Scrum.org

AUGUST 3, 2021

In contrast, in team refinement, Product Backlog items are broken down, detailed, and estimated. Ways to eliminate dependencies are: Interchange features between teams, break down Product Backlog items, build up missing knowledge in the team and change the likely possible processing order. . Hopefully, this article was useful for you.

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