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125 Project Management Buzzwords

The IIL Blog

Continuous Improvement The ongoing effort to improve a project process, product, or service to achieve better results. Cost Estimation The process of estimating project costs is done by leveraging historical data, expert judgment, or quantitative models. Feasibility Study An analysis of a project’s viability.

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Closing A Project with MS Project

MPUG

It’s possible that during a project life cycle, some planned activities are never executed. For example, it may be that some planned meetings didn’t materialize, planned tasks were never started, or your team didn’t execute a set of risk mitigation tasks because the risk(s) didn’t occur.

Closing 109
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What is A System for Value Delivery in Project Management

Project Pulse Journal

Functions Associated with Projects A system for value delivery encompasses a range of knowledge areas associated with the project lifecycle, including initiating, planning, executing, and closing (PMBOK, 2017). Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.

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The Problems with Schedules

Herding Cats

Here's an article, recently referenced by a #NoEstimates twitter post. The headline is deceiving, the article DOES NOT suggest we don't need deadline, but that deadlines without credible assessment of their credibility are the source of many problems on large program. The Core Problem with Project Success. Just the estimate.

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Without a Root Cause Analysis, No Suggested Fix Can Be Effective

Herding Cats

And more importantly you'll know those making any suggestion for a fix to any problem when there is no Root Cause of that problem are just treating the symptoms and the problem will recur over and over - just like the recurring problems with project cost and schedule overruns. . Related articles. IT Risk Management.

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Webinar Recap: Project Performance Measurement – Part 3: Using MS Project to Track and Report on Performance

MPUG

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 3: Using MS Project to Track and Report on Performance, being provided by MPUG for the convenience of our members. This one’s titled using MS Project to track and report on performance.

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Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

Managing Cost, Schedule, & Technical Performance Risk Is The Basis Of Good Project Management. Risk management is essential to the success of any significant project. Certain information about key project cost, performance, and schedule attributes are often unknown until the project is underway.