Remove Estimate Remove Monitoring Remove Performance Measurement Remove Prince2
article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

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.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Activity Duration Estimates Review . is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. Analogous Estimating . Bottom-Up Estimating . Bottom-Up EAC (estimate at completion) Method .

Insiders

Sign Up for our Newsletter

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

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Activity Duration Estimates Review . is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. Analogous Estimating . Bottom-Up Estimating . Bottom-Up EAC (estimate at completion) Method .

article thumbnail

Complete Collection of Project Management Statistics 2015

Wrike

3% use PRINCE2. [4]. More than 90% of organizations perform some type of project postmortem or closeout retrospective. [9]. Estimated Project-Oriented Job Openings 2010-2020: . Top 5 PPM Functions: Portfolio tracking & performance monitoring – 75%. Implement/enhance performance measurement process – 39%. [13].

2015 60
article thumbnail

Project Management Terms for Team Leaders

MindGenius

PRINCE2, NVP, Analogous Estimating etc. Step 5 Monitor and Review the Risk: It is important to remember that not all risk can be removed, e.g. market and environmental risks. It is therefore crucial that the risk is monitored throughout the whole project to ensure minimal disruption. Confused by Project Management terms?