Budget, Event Chain, Risk and SCRUM - Project Management Update

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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

AUGUST 29, 2023

B – Project Management Terms Backlog Backlog is a term from the Agile methodology Scrum, but is also used across industries to track every single thing that is needed to complete a product in development. Cost overrun This is the actual cost that exceeds the estimated cost in the budget, also known as a cost increase or budget overrun.

Software Review

Software Review Underperforming Technical Team Lean Event Chain

The Complete Glossary of 614 Project Management Terms

Workamajig

JANUARY 11, 2021

Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome. Budget : The sum total of all the money allocated for a project.

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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