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The Complete Glossary of 614 Project Management Terms

Workamajig

A project team might also go through an audit to ensure that there are no lapses in project management. 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. A project sponsor can request an audit.

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Project Management Methodologies Review (Part 1)

Wrike

We include brief descriptions, pros, and cons for each, and if one captures your attention, we definitely encourage further research. As they proceed, teams continually evaluate previous results to improve policies and practices at each stage of the project lifecycle. You deliver a CRM with those features on time and within budget.