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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Cost overrun This is the actual cost that exceeds the estimated cost in the budget, also known as a cost increase or budget overrun. Estimation In a project context, estimation is the way to make accurate budgets or timelines for a project. Learn how Kanban and Scrum differ in the blog Kanban vs Scrum: Which is Better?

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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. CON: Timelines and budgets are difficult to define, and stakeholders must have the time and desire to be actively involved in the day-to-day work. You deliver a CRM with those features on time and within budget. Success, right?