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What Is Project Risk? 7 Project Risks to Track

ProjectManager.com

A risk is an uncertain event or condition that can have affect the outcome of a project. The term “project risk” refers to the sum of all individual project risks that might affect a project. But before we dive into that, let’s review seven common risks that could affect your project budget and schedule.

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Project Documentation: 10 Essential Project Documents

ProjectManager.com

Project managers know the importance of having project documentation. Project documents must be accurate and constantly updated to keep current with the project. Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start?

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How to Write a Business Case (Template Included)

ProjectManager.com

A business case is a project management document that explains how the benefits of a project overweigh its costs and why it should be executed. Business cases are prepared during the project initiation phase and their purpose is to include all the project’s objectives, costs and benefits to convince stakeholders of its value.

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9 Types of Artifacts in Project Management

Rebel’s Guide to PM

And yes, agile project management artifacts get a mention. The 9 types of artifacts are: Strategy Logs and registers Plans Hierarchy charts Baselines Visual data and information Reports Agreements and contracts Other – a bucket category for anything else. OK, let’s get to it: here’s the list of project management artifacts.

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Project Artifacts and How to Use Them

Rebel’s Guide to PM

The 9 types of artifacts There are 9 types of artifacts, and every project management document or thing you create falls into one of these categories (not least because the last one is a giant bucket for everything else, as you’ll see). OK, let’s get to it: here’s the list of project management artifacts.

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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. Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate.

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How to Write a Business Case

ProjectManager.com

The need for a business case is that it collects the proposal, outline, strategy and marketing plan in one document and offers a full look at how the project will benefit the organization. Compile the data and present your strategies, goals and options. Marketing strategy. Projects aren’t created for projects’ sake.