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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

“I remember being invited by the Olympic Committee of a country to consult on their planning for the Games. When buffers are made visible, trust is crucial; without it, their presence can reinforce negative stereotypes, painting them as budget inflators rather than strategic tools.

2016 52
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The Complete Glossary of 614 Project Management Terms

Workamajig

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. Budget Cost: The cost of the project estimated at the start of the project. Note that the budget cost is not the same as the budget.

article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

“I remember being invited by the Olympic Committee of a country to consult on their planning for the Games. When buffers are made visible, trust is crucial; without it, their presence can reinforce negative stereotypes, painting them as budget inflators rather than strategic tools.

2016 52