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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Its main purpose is to serve as a reference that is compared against the project performance once the execution phase begins. Cost overrun This is the actual cost that exceeds the estimated cost in the budget, also known as a cost increase or budget overrun. This is usually executed with online Kanban software.

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Project Management Methodologies Review (Part 1)

Wrike

CON: Due to its flexibility, the Adaptive Framework may lead to project delays or increased budgets. Once the project has begun, teams cycle through the process of planning, executing, and evaluating tasks — which might change the final deliverable. You deliver a CRM with those features on time and within budget.