Remove Defining Remove Initiating Remove Monitoring Remove Performance Measurement
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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

If you’re not familiar with a balanced scorecard, we’ll define the term and show the four perspectives it tracks as well as explain what should be included in a balanced scorecard. The balanced scorecard measures four aspects of a business or organization: finance, customers, business processes and learning and growth.

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RAG Status in Project Management: Importance & Benefits

ProjectManager.com

Then we’ll define RAG status tolerance and go into the various project professionals who use RAG status when evaluating a project. When using RAG status, it’s first important to know how to define each color so you can use it to track your projects. You need a way to quickly and expertly evaluate whether project goals are being met.

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9 Types of Artifacts in Project Management

Rebel’s Guide to PM

In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. The first category is documentation that relates to strategy and project initiation. Here are some examples: Budget Milestone schedule Scope baseline Performance measurement baseline.

Logistics 509
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Project Artifacts and How to Use Them

Rebel’s Guide to PM

Mostly, the term refers to the project documentation you produce that defines and supports the work you are doing. Strategy artifacts The first category is documentation that relates to strategy and project initiation. Here are some examples: Budget baseline Milestone schedule Scope baseline Performance measurement baseline.

Logistics 253
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The 5 Phases of Project Management Process and Techniques

NimbleWork

Project management is a multifaceted discipline that combines techniques, processes, and strategies to plan, execute, monitor, and control projects effectively. Initiating: This process involves defining the project and obtaining authorization to begin work. The Five Project Management Processes: 1.

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125 Project Management Buzzwords

The IIL Blog

Activity An activity is the actual, specific task that must be performed in a project, i.e., the tactical level of work. Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. Agile team A cross-functional group of individuals (e.g.,

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5 Key Steps to Successful Project Management

Entry

To simplify things, here are five steps critical to the successful management of a project: Step 1: Initiate the Project by Defining the Scope. Define the criteria for how the project success will be defined. Define how to address risks should they arise. Step 3: Initiate the Project Plan.