Remove Estimate Remove Lean Remove Project Life Cycle Remove Risk
article thumbnail

Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

So for the sake of argument, let’s compare them head to head, and may the best project management methodology win! 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. If not, you’re going to risk scope creep. What Is Kanban?

SCRUM 228
article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Don’t forget to include a risk management plan. Discern the risks and issues associated with each solution.

article thumbnail

Professional Development Day 2022 – IGNITE!

International Institute for Learning

Discover three types of flexibility in leadership and work/life balance needed to make that happen in the aftermath of COVID-19. Estimating and Applying Points with Agile – How to apply, and when is it done? As early as most of us can recall, we estimate the size/magnitude/amount of effort to do something in time. Tony Johnson.

article thumbnail

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.

article thumbnail

Project Management Artifacts: Essential Tools to Enhance Project Management

Project Pulse Journal

Methods vary depending on the project description and scope, ranging from data gathering and analysis techniques to estimation and planning approaches, including collaboration techniques and workflow optimization. Models, methods, and artifacts collectively support good project management practices.

article thumbnail

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.”.