Definition Performance Measurement Project Cost Risk 
The IIL Blog
OCTOBER 17, 2023
Continuous Improvement The ongoing effort to improve a project process, product, or service to achieve better results. Cost Estimation The process of estimating project costs is done by leveraging historical data, expert judgment, or quantitative models. Feasibility Study An analysis of a project’s viability.
MPUG
APRIL 4, 2022
It’s also possible that a project can be specifically chartered within a portfolio, or a greenfield project can be launched independently by an organization. Regardless, a project always will have a definitive end. There are 11 baselines in toto, and in your project, you may have four, five, or even more baselines.
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ProProfs Project Management
JANUARY 21, 2020
The shortest time estimated to complete a specific project task or activity is known as optimistic duration. Performance Measurement Baseline. This creates a point of comparison of all the other baselines to evaluate project performance. Risk is any positive or negative event that can affect project execution.
Project Pulse Journal
MARCH 7, 2024
Functions Associated with Projects A system for value delivery encompasses a range of knowledge areas associated with the project lifecycle, including initiating, planning, executing, and closing (PMBOK, 2017). Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.
Herding Cats
APRIL 16, 2019
Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Project Performance Management (#PPM). Agile Project Management (#APM). Risk Management (#RM). Technical Performance Measures (#TPM). Business, Technical, Systems, Risk, and Project Management.
Epicflow Blog
OCTOBER 8, 2019
If you’re engaged in project management or your occupation is somehow related to it, you should have an eye for project management terms. On the other hand, it’s quite difficult to retain all the definitions in memory and a good PM dictionary would be a lifesaver. . Activity Attributes . Activity Duration Estimates Review .
Epicflow Blog
OCTOBER 8, 2019
If you’re engaged in project management or your occupation is somehow related to it, you should have an eye for project management terms. On the other hand, it’s quite difficult to retain all the definitions in memory and a good PM dictionary would be a lifesaver. . Activity Attributes . Activity Duration Estimates Review .
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