Remove Budget Remove Closing Remove Critical Chain Remove Prince2
article thumbnail

The Definitive Guide to Project Management Methodologies

Workamajig

Collaboration-heavy: The lack of a fixed plan means all involved departments - including stakeholders and sponsors - will have to work closely to deliver results. Any iterations you make will have to comply with the budgeting and scheduling constraints set up front. Critical Chain Project Management (CCPM). Disadvantages.

article thumbnail

The Best 53 Project Management Blogs You Should Be Reading

Paymo App

Episode 057: Critical Chain Project Management. What to expect: Peter Taylor handles PM-related topics with a focus on improving productivity and helping you complete projects on time and on budget, ‘work smarter and not harder’, and maintain your work/life balance. PRINCE2 Blog. PRINCE2’s Positive Risks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Administrative Closure: A list of the requirements necessary to formally close the project. Budget : The sum total of all the money allocated for a project. Budget at Completion (BAC): BAC is the sum total of all budgets established for the work to be performed. Note that the budget cost is not the same as the budget.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is an approach to evaluating a gross value applying such criteria as budget, complexity, duration, and size based on a previous similar project estimation experience. . Budget at Completion (BAC) . Budgeting . is the budget allocated for buying fixed assets, such as a building or land, or add value to existing ones.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is an approach to evaluating a gross value applying such criteria as budget, complexity, duration, and size based on a previous similar project estimation experience. . Budget at Completion (BAC) . Budgeting . is the budget allocated for buying fixed assets, such as a building or land, or add value to existing ones.