Article Lean Process Project Cost 
The IIL Blog
OCTOBER 17, 2023
Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate. Burndown Chart A tool in Agile project management that tracks the work completed and the work remaining to help teams manage progress.
Resource Guru
JANUARY 17, 2023
Project scope is the project manager’s best friend. It’s what we lean on throughout the project life cycle. It keeps us on the straight and narrow all the way to project success. We might think that “oh, I don’t need a project scope, I’ve done thousands of projects like this!”. Project justification
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Velociteach
MARCH 4, 2024
I designed processes that were certainly not used as we had hoped. And I was sort of pulled into important people’s offices, and I was patted on the back and got a “Well done, Rasmus, and off you go to your next project.” Why Projects Fail to Deliver? That’s sort of covering all types of projects. Well, so far, so good.
Herding Cats
MARCH 11, 2017
This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. All project work has uncertainty. Uncertainty comes from the lack of precision and accuracy about the possible values of a measurement of a project attribute.
Teamweek
AUGUST 27, 2020
Lean Project Management can fix this. In this article, we’re going to explore: What is Lean Project Management? The Lean Methodology The 3 Types of Waste & How to Fix Them. What is Lean Project Management? As a concept, Lean originates from the Toyota production floor. Reduce Waste.
Project Pulse Journal
NOVEMBER 24, 2023
This mathematical technique involves running numerous simulations, or 'trials,' each time randomizing variables within defined probabilities to model different scenarios of a project's potential risks and uncertainties. This is particularly useful in a process that cannot easily be predicted due to the intervention of random variables.
Herding Cats
MAY 10, 2019
Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. A Risk Management Methodology for Project Risk Dependencies,” Tak Wah Kwan and Hareton K.N., Michael, International Journal of Project Management , 19, pp. 3, March 2002.
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