Remove Critical Chain Remove Initiating Remove Performance Measurement Remove Technical Review
article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

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. Parkinson’s law states that work expands to fill the time allotted for its completion.

2016 52
article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Activity Duration Estimates Review . is initial data for your project performance measurement necessary for the start. is a collection of data necessary for assessing a projects’ business value to make a decision whether it’s worth initiating or not. Cost Performance Index/Indicator (CPI) . Critical Chain .

Insiders

Sign Up for our Newsletter

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

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Activity Duration Estimates Review . is initial data for your project performance measurement necessary for the start. is a collection of data necessary for assessing a projects’ business value to make a decision whether it’s worth initiating or not. Cost Performance Index/Indicator (CPI) . Critical Chain .

article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

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. Parkinson’s law states that work expands to fill the time allotted for its completion.

2016 52
article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Authorization Points: Specific points during the course of a project at which the sponsor reviews the business case and approves the project onwards. All decisions about reviewing, approving, and rejecting changes to a project are handled by the Change Control Board. The Client Brief is instrumental for kicking off the project.

article thumbnail

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

MPUG

You may wish to use this transcript for the purposes of self-paced learning, searching for specific information, and/or performing a quick review of webinar content. So taking the knowledge areas and saying, here, initiating, here’s how you start. Jeff: Now this is where we get into more of the technical side, right?

PMI 59