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

MPUG

But delivering as quickly as [inaudible 00:17:09], get it done right now, minimizing project costs, cheap, right? Development approaches that are consistent with project deliverables. What’s deliverable, cadence, project phase? And what are those dots? Optimizing the value delivered. It makes sense.

PMI 59
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The Complete Glossary of 614 Project Management Terms

Workamajig

Bottleneck: In project management terms, a bottleneck is any constraint that restricts the movement of a process. With this approach, the project's cost and/or duration are calculated by adding the cost/duration of all its constituent activities. Crashing: A way to fast track the project by adding resources.