Remove Cadence Remove Performance Measurement Remove Planning Remove Project Life Cycle
article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.

article thumbnail

Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

For risks that are beyond the vision of the project team a properly implemented risk management process can also rapidly quantify the risks impact and provide sound plans for mitigating its effect. Hoping that the project will proceed as planned is naïve at best and poor management at worse. Hope is Not a Strategy.

article thumbnail

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

MPUG

Then planning. The planning, the executing, the monitoring, controlling, and hopefully you’re getting it right and refining and improving until bam, closing. So these eight, we’re talking about the stakeholders, team, development approach and life cycle, planning, project work, delivery, measurement, and uncertainty.

PMI 59