Cadence, Critical Chain, Defining and Project Cost

Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

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Now up to this point, session number one of our series, we were discussing a system for value delivery, which meant for the most part, PMI wanted to paint five primary contextual concepts defining the system for value delivery. But delivering as quickly as [inaudible 00:17:09], get it done right now, minimizing project costs, cheap, right?

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Benefits Framework: This defines the expected benefits of the project, the specific operations it would affect, and how the project's performance would be; a) realized, and b) measured. Blueprint: A project blueprint defines the scope of the project, the business goals it is meant to achieve, and the broader vision behind it.

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Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

The Complete Glossary of 614 Project Management Terms

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