Remove Budget Remove Critical Chain Remove Lean Remove Risk
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6 Top Project Management Books for Engineers and Manufacturers

LiquidPlanner

Critical Chain by Dr. Eliyahu M. Epiphanized: A Novel on Unifying Theory of Constraints, Lean, and Six Sigma by Bob Sproull and Bruce Nelson. Management consultants Bob Sproull and Bruce Nelson borrow from Goldratt’s storytelling concept to explore the advantages of using Theory of Constraints, Lean, and Six Sigma together.

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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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Agile Unplugged: EP 02 | Mike Cottmeyer and Dennis Stevens

Leading Agile

And then tying that together into a network and then applying Lean principles to designing an organization that can get stuff done. And then you start to measure some of the lean stuff that we’re doing at the time, from some of the con bonds. – Critical chain project management? – Yeah. – Right?

Agile 71
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The Complete Glossary of 614 Project Management Terms

Workamajig

Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome. Budget : The sum total of all the money allocated for a project.

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The Definitive Guide to Project Management Methodologies

Workamajig

Higher risk: The rigidity of this methodology means that if you find an error or need to change something, you have to essentially start the project from the beginning. This substantially increases the risk of project failure. Lower risk: With Agile management, you get regular feedback from stakeholders and make changes accordingly.

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. is a randomly chosen amount of time a task can be postponed without risk of delaying the project completion moment. Budgeting .

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. is a randomly chosen amount of time a task can be postponed without risk of delaying the project completion moment. Budgeting .