Remove Budget Remove Estimate Remove Event Chain Remove Process

The Complete Glossary of 614 Project Management Terms


Acceptance Test: A process through which a project's end users run through the project to identify any potential issues before it can be formally accepted. Actual dates are different from planned or estimated dates. Events and milestones are represented as nodes.

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Project Management Methodologies Review (Part 1)


CON: Due to its flexibility, the Adaptive Framework may lead to project delays or increased budgets. Once the project has begun, teams cycle through the process of planning, executing, and evaluating tasks — which might change the final deliverable. CON: Timelines and budgets are difficult to define, and stakeholders must have the time and desire to be actively involved in the day-to-day work. You deliver a CRM with those features on time and within budget.

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