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Why Use What-If Scenario Planning in Project Management

LiquidPlanner

My many years in manufacturing has taught me that the inertia that causes an organization to stay in one location is the lack of a crisis or passion. One of the first ways to do this is to ask these simple questions: How often have your projects finished on time compared to their original estimates? We might even blame the software!

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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

I was well aware that part of my code was complex and any addition would be risky. Another situation for possible domino effect is when the output of a task, while on-time, fails to deliver the planned quantity, thus the subsequent operation has only limited inputs to work on, creating a negative effect throughout the chain.

2016 52
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article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

I was well aware that part of my code was complex and any addition would be risky. Another situation for possible domino effect is when the output of a task, while on-time, fails to deliver the planned quantity, thus the subsequent operation has only limited inputs to work on, creating a negative effect throughout the chain.

2016 52
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The Complete Glossary of 614 Project Management Terms

Workamajig

Activity ID: An alphanumeric code used to identify an activity. Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Activity List: A list of all the activities that make up a project.