Remove Critical Chain Remove Planning Remove Project Cost Remove SCRUM
article thumbnail

Why You Should Use Ranged Estimation for Your Projects

LiquidPlanner

Schedule development occurs shortly after the project scope is defined and is necessary to develop a project cost estimate or budget. Details on building a plan for success, especially a project schedule that you can confidently execute, are harder to find. In fact, ranged estimation enhances all planning methods.

Estimate 156
article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

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. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.

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

is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. is the description of all activities planned for completing a project. Actual Cost . Acquire Project Team . Control Costs .

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. is the description of all activities planned for completing a project. Actual Cost . Acquire Project Team . Control Costs .

article thumbnail

The Best 53 Project Management Blogs You Should Be Reading

Paymo App

What to expect: Mike’s blog helps software development teams improve their work through Agile and Scrum. These will give you the incentive and knowledge to implement Agile and Scrum in your own organization. What is Agile Project Management? Episode 057: Critical Chain Project Management. Worth reading.