Remove Estimate Remove Governance Remove Performance Measurement Remove Project Life Cycle
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125 Project Management Buzzwords

The IIL Blog

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Burndown Chart A tool in Agile project management that tracks the work completed and the work remaining to help teams manage progress. Feasibility Study An analysis of a project’s viability.

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The Complete Glossary of 614 Project Management Terms


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.


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Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

What are the “units of measure” for this increasing maturity? At what points in the project will this maturity be assessed to confirm progress is being made? The answers to each of these questions require making estimates in the presence of uncertainty. But as the project proceeds, the tolerance for risk must be reduced.

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


Meaning to say creating value, organizational governance and systems, functions associated with projects, the project environment, and product management considerations all provide the context for how project management could be conducted. The planning performance domain, right? Sorry, Microsoft. The planning.