Remove Budget Remove Critical Chain Remove Performance Measurement Remove Strategy
article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

Eli Schragenheim is a respected expert in organizational improvement and strategy, celebrated for his deep knowledge of the Theory of Constraints (TOC). These seemingly minor uncertainties can cumulatively impact performance and disrupt detailed planning. Beyond just time, buffers can cover finances, manpower, and more.

2016 52
article thumbnail

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

Eli Schragenheim is a respected expert in organizational improvement and strategy, celebrated for his deep knowledge of the Theory of Constraints (TOC). These seemingly minor uncertainties can cumulatively impact performance and disrupt detailed planning. Beyond just time, buffers can cover finances, manpower, and more.

2016 52