Remove Critical Chain Remove Industry Remove Monitoring Remove Project Life Cycle
article thumbnail

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

MPUG

Now, the standard for project management, on the other hand, it would have been typically process-focused. A step-by-step through those aspects that were described in the guide, the knowledge areas, and concentrating on the project life-cycle from beginning to end. But it was at least a place to start. Speaker 3:Great.

PMI 59
article thumbnail

How to Start a Career in Project Management: Answers to FAQ

Epicflow Blog

What Should a Project Manager Know and What Skills Should He/She Possess? Every project manager should have a strong understanding of project theories and methodologies, and be able to apply them in his or her work: Agile, . Hybrid, Critical Chain, Critical Path, Kanban, Scrum, Six Sigma, Waterfall [3].

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Crashing: A way to fast track the project by adding resources. Critical Chain Method: A method for scheduling projects with uncertain deadlines and limited resources. In the Critical Chain Method, project managers rely on placing buffers on project schedule paths to make room for unexpected contingencies.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of examining and determining risks of project failure as a result of improper assumption estimation. is a store of all assumptions and constraints created or processed within the project life cycle. . is initial data for your project performance measurement necessary for the start. Critical Chain .

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of examining and determining risks of project failure as a result of improper assumption estimation. is a store of all assumptions and constraints created or processed within the project life cycle. . is initial data for your project performance measurement necessary for the start. Critical Chain .

article thumbnail

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

MPUG

The planning, the executing, the monitoring, controlling, and hopefully you’re getting it right and refining and improving until bam, closing. Jeff: You’ll notice that question there, have we tailored our processes appropriately for the environment, industry, team, product or service, et cetera? Then planning.

PMI 59