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15 Project Management Challenges & How to Overcome Them

ProjectManager.com

This gradual expansion of a project’s scope beyond the original agreement is obviously going to negatively impact the budget and schedule so it’s something to always be aware of and, if there are changes, manage them to avoid as much negative impact as possible. That’s called a change management plan.

Estimate 313
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Project Controls: A Quick Guide

ProjectManager.com

Project controls are a set of tools, processes and people skills that are used together to help project managers have the right information, at the right time, to make the right decision. In fact, it works throughout the entire life cycle of a project. Cost estimates. Risk management. Methodology.

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10 Knowledge Areas of project management (PPT & PDF included!)

Rebel’s Guide to PM

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide -- Sixth Edition. Knowledge Areas: Definition What exactly are 'Knowledge Areas'? Cost Management Cost management is basically managing funding for project activities.

PMI 211
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How to Create a Project Initiation Document (Template Included)

ProjectManager.com

We’ve talked a lot about what a project initiation document is and why it’s important, but we’ve yet to go into detail about what it includes. Here, we’ll outline the different sections of the project initiation document and what they do. Purpose: The reason for the project, whether that’s a new product, filling a market niche, etc.

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125 Project Management Buzzwords

The IIL Blog

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate.

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Project Documentation: 10 Essential Project Documents

ProjectManager.com

Project Initiation: Project charter, business case, project kickoff meeting agenda. Project Planning: Project management plan, work breakdown structure, project budget, project schedule, change management plan, scope management plan, risk management plan.

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Different Project Management Terms Beginners Should Know

ProProfs Project Management

Any situation or event that can cause problems in project execution. . It refers to any prediction or estimation made on a project’s status, including how it will unfold in the future. Any discussion between teams to resolve difference on opinions or any other issues that negatively affect project execution.