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Can Project Duration Estimation be done without Assumptions?

MPUG

That is why duration estimation is one of the most important aspects of project management. In most real life scenarios, clients and mangers are reasonable, giving us some freedom to determine duration estimates for doing our tasks, but this can create other problems. The Estimation Problem.

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Crashing Vs Fast-Tracking: What’s the Difference?

Rebel’s Guide to PM

Have you ever been asked to ‘just get the project done’? Research from nPlan of 500,000 project schedules points to nine out of every 10 projects are delivered late. It’s likely that the issue is reflected in non-major construction projects too. What does it mean to crash your schedule? Yep, we’ve all been there.).

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How to Create a Performance Measurement Baseline for Your Projects

ProjectManager.com

Projects are planned and then life happens. Ideally, project managers know better than to execute their project plans without a performance measurement baseline. Without that knowledge, the project is running blindly, and anyone who’s tried this knows the dangers. What Is a Performance Measurement Baseline?

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How to Write a Business Case (Template Included)

ProjectManager.com

A business case is a project management document that explains how the benefits of a project overweigh its costs and why it should be executed. Business cases are prepared during the project initiation phase and their purpose is to include all the project’s objectives, costs and benefits to convince stakeholders of its value.

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How to Write a Business Case

ProjectManager.com

The need for a business case is that it collects the proposal, outline, strategy and marketing plan in one document and offers a full look at how the project will benefit the organization. There are templates you can use to write your business case and collect all the pertinent information, which includes the following: Executive summary.

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125 Project Management Buzzwords

The IIL Blog

So, picture this: you are transitioning from your current position into a project management career. The industry didn’t matter; it was about translating my work experience into specific project management industry-recognized terms and managing projects. What are the Essential Project Management Buzzwords?

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WBS Dictionary: A Quick Guide with Examples

ProjectManager.com

It’s one of the three pillars that support the scope management in your project: the other two are a work breakdown structure (WBS) and a project scope statement. These three components will give you the scope baseline for your project. All three are essential to measure and monitor the scope of a project.

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