Remove Budget Remove Critical Chain Remove Demo Remove Lean
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Applicability of Agile/Lean/Kanban Methods for fixed scope/budget projects (with short duration)

Sudipta Lahiri

This session objective was to address challenges faced by Lean-Kanban practitioners in their projects. Problem Statement : Some projects are fixed scope, fixed budget and have relatively small duration – 3-4 months. The following Positives were identified when applying Agile/Lean methods to these projects: Positive Contributors.

Lean 20
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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.