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Different Project Management Terms Beginners Should Know

ProProfs Project Management

The shortest time estimated to complete a specific project task or activity is known as optimistic duration. Performance Measurement Baseline. This creates a point of comparison of all the other baselines to evaluate project performance. Change Management. Cost Estimation. Cost Estimation.

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125 Project Management Buzzwords

The IIL Blog

hours, personnel needed, and/or tasks) to ensure that a project can be completed on time and within budget. Change Control A formal process of documenting, reviewing, approving, and managing a change to a project’s scope, schedule, budget, or quality parameters. process, policy, practices, perceptions, etc.)

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

also known as a Gantt chart, is a graphical instrument depicting the data related to a project. . is initial data for your project performance measurement necessary for the start. It usually consists of the three following components: schedule, cost, and scope. Case Study . Control Costs . Bar Chart

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

also known as a Gantt chart, is a graphical instrument depicting the data related to a project. . is initial data for your project performance measurement necessary for the start. It usually consists of the three following components: schedule, cost, and scope. Case Study . Control Costs . Bar Chart

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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. Most, however, track the project's costs and deadlines.