Remove Closing Remove Critical Chain Remove PMI Remove Risk
article thumbnail

Why You Should Use Ranged Estimation for Your Projects

LiquidPlanner

The Project Management Institute , Project Management Body of Knowledge (PMBOK) , and ProjectManagement.com , the training and knowledge site for PMI, provide extensive guidance on project management, project planning and scheduling, and project management tools. Particularly variability, risk, and uncertainty.

Estimate 156
article thumbnail

Top 20 Project Management Methodologies & their Scions: Which One You Should Choose & Why?

Taskque

Critical Path Method. Critical Chain Project Management. It overcame many shortcomings of waterfall model such as process rigidity and higher risk and delivered a much better solution. Critical Path Method. Critical Chain Project Management. Top 20 Project Management Methodologies. Controlling.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Top 20 Project Management Methodologies & their Scions: Which One You Should Choose & Why?

Taskque

Critical Path Method. Critical Chain Project Management. It overcame many shortcomings of waterfall model such as process rigidity and higher risk and delivered a much better solution. Critical Path Method. Critical Chain Project Management. Top 20 Project Management Methodologies. Controlling.

article thumbnail

Simplifying Schedule Risk Analysis Using Microsoft Project Custom Fields – Transcription

MPUG

Please find below a transcription of the audio portion of John Owen’s session, Simplifying Schedule Risk Analysis Using Microsoft Project Custom Fields, being provided by MPUG for the convenience of our members. John Owen: What’s the problem that we’re trying to solve with Schedule Risk Analysis really?

Risk 40
article thumbnail

Overview of the PMBOK® Guide Seventh Edition – Lesson 1 Transcription

MPUG

Now, I realize and recognize a lot of us, perhaps, all of us are PMP certified or aspiring to be or at least have worked in some capacity as a project manager or program manager and having knowledge of, or systems that perhaps are in place that are rooted in PMI’s theory as they had put forth throughout the legacy of the PMBOK Guide.

PMI 59
article thumbnail

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

MPUG

Today’s PMI activity code, I’ll have up on the screen here in a minute. I mentioned the five star because I saw this event is up on PMI. You have your integration, scope, schedule, cost, quality, resources, communications, risk, procurement, stakeholders, right? You can see that up here on the slide. Jeff: Fantastic.

PMI 59
article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome. A project sponsor can request an audit.