Remove Budget Remove Groups Remove Performance Measurement Remove Project Cost
article thumbnail

125 Project Management Buzzwords

The IIL Blog

Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. Agile Manifesto The fundamental document that outlines the values and principles of Agile project management. Agile team A cross-functional group of individuals (e.g.,

article thumbnail

Different Project Management Terms Beginners Should Know

ProProfs Project Management

This refers to the various schedules and costs defined at the start of a project. This criterion is used as a basis for project monitoring and evaluating processes. The amount of money allocated to a specific project is referred to as the project budget. Performance Measurement Baseline.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Webinar Recap: Project Performance Measurement – Part 3: Using MS Project to Track and Report on Performance

MPUG

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 3: Using MS Project to Track and Report on Performance, being provided by MPUG for the convenience of our members. This one’s titled using MS Project to track and report on performance.

article thumbnail

The Problems with Schedules

Herding Cats

All that line says is this was the baseline estimate at Completion for the project work. Then the chart shows that many projects cost more or take long (costing more) in the sample population of projects. . Unrealistic performance expectations missing Measures of Effectiveness and Measures of Performance.

article thumbnail

Compendium of Works to Increase Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Project Performance Management (#PPM). Agile Project Management (#APM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Project Performance Management.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a project management methodology focused on team communication and feedback rather than strict following rules and scripts. . is an approach to evaluating a gross value applying such criteria as budget, complexity, duration, and size based on a previous similar project estimation experience. . Acquire Project Team .

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a project management methodology focused on team communication and feedback rather than strict following rules and scripts. . is an approach to evaluating a gross value applying such criteria as budget, complexity, duration, and size based on a previous similar project estimation experience. . Acquire Project Team .