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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

AUGUST 29, 2023

Cost overrun This is the actual cost that exceeds the estimated cost in the budget, also known as a cost increase or budget overrun. Estimation In a project context, estimation is the way to make accurate budgets or timelines for a project. Learn more about how to use milestones in project scheduling.

Software Review

Software Review Underperforming Technical Team Lean Event Chain

The Complete Glossary of 614 Project Management Terms

Workamajig

JANUARY 11, 2021

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.

Underperforming Technical Team

Underperforming Technical Team Project Life Cycle Estimate Risk Management

100+ Project Management Terms: PM Terminology Explained

The Complete Glossary of 614 Project Management Terms

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