Remove Estimate Remove Lean Remove Process Remove Project Life Cycle
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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban is from Japan, originating in the factories of the Toyota car company in the 60s as a lean manufacturing tool for workflow and inventory management. The name kanban means billboard in Japanese, and you can see why, as the process involves placing tasks represented by cards on physical or digital kanban boards. What Is Kanban?

SCRUM 412
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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

In fact, in some lean or agile organizations, over-reliance on documentation is seen as a clear impediment to innovation and collaboration. Projects fail without having a solid business case to rest on. Budget: This is an estimate of everything in your plan and what it will cost to complete the project over the scheduled time allotted.

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Mastering the project life cycle: Your complete guide (+ examples)

Resource Guru

The project life cycle , just like a good story, has a beginning, a middle, and (hopefully) a happy end. The beginning involves the ever-so-important planning; then comes the middle, where teams complete various tasks to move the project closer to completion; and finally, an end to review what went well and what didn’t.

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Project Management Artifacts: Essential Tools to Enhance Project Management

Project Pulse Journal

Models Models in project management are theoretical frameworks or representations that help explain, predict, or control project aspects. They provide a structured approach to understanding complex processes, decision frameworks, or phenomena, serving as thinking strategies. In effect, it may help reduce time and resource waste.

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Project Management Life Cycle-Iterative & Adaptive

iZenBridge

First of all we shall look at what is a Predictive Life Cycle according to the PMBOK® Guide Sixth Edition : “ Predictive Life Cycle: A form of project life cycle in which the project scope, time, and cost are determined in the early phases of the life cycle.”.

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Project monitoring and control: Complete guide (+ checklist)

Resource Guru

And that may be true, but here at Resource Guru, we say that a watched project never fails. Monitoring and controlling a project is an essential part of any successful project process. In this article, we’ll cover: What is monitoring and controlling in project management? What is project controlling?