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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Change control The term for a process to systemically monitor and approve or reject any change requests made to a product or project. Modern project management software applications can streamline finding your project’s critical path to help you manage scope and monitor the project.

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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

It’s a common management tool worldwide, used across industries, including government and nonprofit organizations. This was originally used for nonprofit organizations but later expanded to for-profit businesses and government agencies. Balanced Scorecard Example Let’s look at a real-life example.

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Strategic Project Management: Planning Strategic Projects

ProjectManager.com

In that regard, the project management office prioritizes projects, establish project governance guidelines and group projects into programs to achieve benefits for the company and align projects with the company’s culture and strategy effectively. Project Manager A project manager is usually only responsible for one project.

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What Is Lean Portfolio Management? A Quick Guide

ProjectManager.com

Lean portfolio management is a process by which strategy is aligned with execution using a lean approach and agile portfolio operations and governance. Be sure to monitor your planned costs against your actual costs to stay on track and reallocate as needed. Download Excel File. Execute Lean Governance. Manage Demand.

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15 Free IT Project Management Templates for Excel, Word & More

ProjectManager.com

Creating a Gantt chart in Mircosoft Word or Microsoft Excel is frustrating, especially when there’s one ready for you to use when you download our free Gantt chart template for Excel. It’s a lot of costs to track, which is why IT project managers can download our free project budget template for Excel. Using the template is simple.

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7 Ways to Sell Agile to Project Stakeholders

LiquidPlanner

Here are some tips to get the word out that the business influencers are going Agile: Send them links to articles and blog posts that mention your competitors’ move to Agile. For example, the United States federal government adopting Agile has meant a rise in job openings requiring Agile project management expertise.

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10 Strategies for Successful Project Execution

ProjectManager.com

This also involves controlling the scope, which is part of the monitoring and controlling phase of a project. You need to monitor their work and make sure that they are producing at capacity by monitoring their workload and clearing any bottlenecks that might block their progress. Ineffective corporate governance.

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