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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. Contingency Reserves are commonly used for projects with known risks.

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

MPUG

We invite you to join in today with questions and comments by using the chat feature in the GoToWebinar control panel. The planning, the executing, the monitoring, controlling, and hopefully you’re getting it right and refining and improving until bam, closing. Welcome to Overview of the PMBOK Guide Seventh Edition Lesson Three.

PMI 59