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9 Types of Artifacts in Project Management

Rebel’s Guide to PM

The article will be updated in due course. For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. Here are some examples: Budget Milestone schedule Scope baseline Performance measurement baseline. Documents are documents.

Logistics 509
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Cost Performance Index (CPI) In Project Management

ProjectManager.com

The cost performance shows if the project is effectively staying on budget or not. The project budget is only our best estimate of what it will cost. Therefore, tracking the project’s cost performance as expenses change over its life cycle is an essential part of project management. Project costs can vary.

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Best PMI-ACP Exam Prep Books

Rebel’s Guide to PM

The most successful students also include reading a range of PMI-ACP books in their exam prep, as well as a training course, just as that little bit of extra comfort. A full PMI-ACP exam prep course. We love this course from respected trainer Cornelius Fichtner and it's a cost-effective way to prepare for your exam. Recommended.

PMI 195
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A Complete Guide to PMIS

ProjectManager.com

Some will also have automated gathering and reporting on key performance indicators (KPIs). PMIS is made to support all aspects of project management and the information they monitor or collect. Budget: Associate cost with individual tasks for more accurate budget estimation and generation. Essential Features of a PMIS.

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Different Project Management Terms Beginners Should Know

ProProfs Project Management

This criterion is used as a basis for project monitoring and evaluating processes. It refers to any prediction or estimation made on a project’s status, including how it will unfold in the future. The shortest time estimated to complete a specific project task or activity is known as optimistic duration. Functional Requirements.

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11 Critical Project Management Metrics Every Agency Needs to Track

Workamajig

A robust PM system might tell you how a project is doing at any moment, but it can’t tell you how the organization or its constituent people are performing. Measuring and monitoring project management metrics fills this gap. Helps you demonstrate performance - a particularly important benefit for project and account managers.

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The Complete Guide to Vendor Management

Wrike

Estimating turnaround times. Reviewing performance . Compliance monitoring. You must spell out performance measures in your contract so all vendors understand their responsibilities. Monitor vendors’ performance and output to ensure the terms set in your contract are fulfilled. Risk mitigation.