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How to Create a Project Initiation Document (Template Included)

ProjectManager.com

A project initiation document (PID) is used to define the project thoroughly. It’s similar to a project charter but more in-depth. It’s used primarily in PRINCE2 methodology, which is an acronym that stands for PRojects IN Controlled Environments.

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Project Cost Management – The Essential Things to Know and Do

Online PM Courses

Project Cost Management often puts people off. But there’s little your project sponsor, your client, or their Finance Director care about more than your budget and how closely you can stick to it. Project cost over-runs are common. The governance considerations for project cost management.

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Episode 185 – Redefining Project Success through Sustainable Project Management

Velociteach

The Scope of this project was massive. Each side of the pyramid is 767 ft long, it’s as tall as a 40 story building, and it has an estimated 2.5 Estimates put the workforce at up to 40,000 people at the height of construction. And as for cost! So was this project a success? It’s estimated by 2050 it’ll be over 50%.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

What happens if you shift focus from "accurate estimation" to "reliably shipping by a date"? . This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. All project work has uncertainty. All estimates have precision and accuracy.

2003 46
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Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. requires making estimates) ? A Risk Management Methodology for Project Risk Dependencies,” Tak Wah Kwan and Hareton K.N., Estimation of Long?Term reducible and irreducible ?

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A Compendium of Risk Management Resources

Herding Cats

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. requires making estimates) ? Estimation of Long?Term 3, March 2002.

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The Complete Glossary of 614 Project Management Terms

Workamajig

This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome. Acceptance Criteria: A set of formal requirements that a project must pass before it can be accepted by the project sponsors. Actual dates are different from planned or estimated dates.