Remove Budget Remove Critical Chain Remove Governance Remove Presentation
article thumbnail

Epicflow Glossary: Names of Features and Terms Used in the System

Epicflow Blog

A chart with project and budget views to show project workflow against the background of time and budget constraints, correspondingly. Read more: Bubble Graph: Critical Chain Fever Chart Re-Imagined. Budget View . It demonstrates the amount of work done and left in view of the approved budget. Bubble Graph.

article thumbnail

5 Insane Project Management Techniques in Today’s Market

nTask

CCM – Critical Chain Methodology: Back in 1997, Eliyahu M. Goldratt wrote about Critical Chain Methodology as the process for managing resources without affecting the project plan. This was probably the first time Critical Chain Methodology was discussed by Eliyahu M.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A Guide to Project Integration Management

Epicflow Blog

Enterprise environmental factors: government and industry standards, organizational culture, marketplace conditions. . A project management plan is a consolidation of three baselines (time, schedule, and scope) and all subsidiary plans which are presented in the image below. . Create a project management plan.

article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

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. Too often, we see forecasts presented as a single number, creating an illusion of certainty that’s misleading.

2016 52
article thumbnail

Overview of the PMBOK® Guide Seventh Edition – Lesson 1 Transcription

MPUG

Let’s hand the presentation over to you. So what I was just talking about as far as the introduction and in the other factors at the very beginning, really they presented the concepts, number one, of enterprise environmental factors, which is very important. Jeff, thank you for bringing your experience to MPUG, a big welcome.

PMI 59
article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Actual Time Expended: The actual time spent on an activity from the Actual Start to the present date. Audit: The process of analyzing a project to ensure that it is being governed as intended. Budget : The sum total of all the money allocated for a project. Note that the budget cost is not the same as the budget.

article thumbnail

Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

MPUG

I’ll hand the presentation over to you. Let me find out where I’m presenting from. Meaning to say creating value, organizational governance and systems, functions associated with projects, the project environment, and product management considerations all provide the context for how project management could be conducted.

PMI 59