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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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Project Selection: Use These 8 Selection Methods for Better Strategic Results

ProjectManager.com

All projects are risky, and some are very complex. Determining the feasibility of any project can take time and a lot of research. This process is done in what is called a feasibility study, which is part of the project initiation stage. Opportunity Cost. This method is used when evaluating two projects.

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Project Cost Management: The Ultimate Guide

Teamweek

Even when you tell yourself that “this time is going to be different,” — but project costs somehow still manage to get out of control? Only 43% of projects are “mostly or always” completed on budget. Let’s talk about project cost management. ??. What is project cost management?

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Risk Management Resources

Herding Cats

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., Monitoring software maintenance project risks,” Cristina López, Jose L. 117, July 1998.

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A Compendium of Risk Management Resources

Herding Cats

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. Monitoring software maintenance project risks,” Cristina López, Jose L.

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Project Resource Management: The Ultimate Guide on How to Master It

Rebel’s Guide to PM

To utilize project resources effectively and ensure that they meet their anticipated performance goals, project managers play the role of both people manager and functional manager. Project resource management techniques address how resources need to be managed while working in different project situations.