article thumbnail

Compendium of Works to Increase Probability of Project Success

Herding Cats

Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Measuring the performance of deliverables, at the planned delivery date, for the planned cost is the best measure of progress to plan. Risk Management (#RM).

article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Events and milestones are represented as nodes. Projects might additional calendars as well to show resource availability, communication cadence, etc. Contingency Plan: A formal plan that details the evasive actions that can be taken in the event of a contingency. Each activity is represented with arrows.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

Risk management is concerned with the outcome of future events, whose exact outcome is unknown, and with how to deal with these uncertainties. Outcomes are categorized as favorable or unfavorable, and risk management is the art and science of planning, assessing, handling, and monitoring future events to ensure favorable outcomes.

article thumbnail

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

MPUG

I mentioned the five star because I saw this event is up on PMI. Stakeholder performance domain section, it’s short, but it’s significant in the sense of the complexity, understanding the complexity, the level of engagement, how to conduct analysis and prioritization, engaging and monitoring. Jeff, a big MPUG welcome back.

PMI 59