Remove Budget Remove Estimate Remove Lean Remove Project Life Cycle
article thumbnail

Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

So for the sake of argument, let’s compare them head to head, and may the best project management methodology win! Kanban is from Japan, originating in the factories of the Toyota car company in the 60s as a lean manufacturing tool for workflow and inventory management. What Is Kanban? Get started for free today.

SCRUM 411
article thumbnail

125 Project Management Buzzwords

The IIL Blog

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Write a Business Case

ProjectManager.com

In fact, in some lean or agile organizations, over-reliance on documentation is seen as a clear impediment to innovation and collaboration. Projects fail without having a solid business case to rest on. Budget: This is an estimate of everything in your plan and what it will cost to complete the project over the scheduled time allotted.

article thumbnail

Mastering the project life cycle: Your complete guide (+ examples)

Resource Guru

The project life cycle , just like a good story, has a beginning, a middle, and (hopefully) a happy end. The beginning involves the ever-so-important planning; then comes the middle, where teams complete various tasks to move the project closer to completion; and finally, an end to review what went well and what didn’t.

article thumbnail

Project monitoring and control: Complete guide (+ checklist)

Resource Guru

Your project monitoring and control checklist Take full control of your project What is monitoring and controlling in project management? In a project life cycle , monitoring and controlling is the process of regularly observing and tracking the progress of your project and making any necessary proactive corrections.

article thumbnail

Project Management Artifacts: Essential Tools to Enhance Project Management

Project Pulse Journal

Malinawan, PMP Choosing the appropriate tools and techniques to your advantage is essential for professionals working in the dynamic field of project management who must contend with issues like project budget constraints, tight deadlines, and constantly changing requirements.

article thumbnail

What Do Companies like Apple, Amazon and Google Look for in Project Managers?

Epicflow Blog

It’s a great plus for a project manager to have a formal qualification and receive a certificate demonstrating their proficiency. Project Management Institute suggests the following variants of certifications for PMs: . This certification course covers Scrum, Kanban, Lean, extreme programming (XP) and test-driven development (TDD).