Remove Estimate Remove Project Cost Remove Risk Remove SCRUM
article thumbnail

Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Scrum?

SCRUM 412
article thumbnail

Top 10 Project Management Qualifications

ProjectManager.com

Project budgets are estimated by project managers and then approved by the project client or stakeholders. Risk Management A project risk is an unexpected event, which can be positive or negative. Resource Management As mentioned above, a resource is anything needed to execute the project.

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 Start a Project in 10 Steps

ProjectManager.com

Determine the Scope of Your Project Project scope is part of the project planning stage and it will determine and document all the deliverables, tasks and costs of the project. Create a detailed outline of all aspects of the project, such as resources, timelines, etc. Here are some others.

Estimate 271
article thumbnail

125 Project Management Buzzwords

The IIL Blog

Agile Manifesto The fundamental document that outlines the values and principles of Agile project management. Product Owner, Scrum Master, Development team members) who work collaboratively to deliver value in an Agile project. Risk Assessment An evaluation of potential risks to a project, including their probability and impact.

article thumbnail

Risk Management Plan Example (Comprehensive Guide+Tempalte)

PM Basics

In this article, you’ll find the real-life project risk management plan example. It comes from my practical experience working on software development projects. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free. Monitoring Risks.

article thumbnail

10 Project Constraints That Endanger Your Project’s Success

ProjectManager.com

Managing risks is an important task for project managers. When you estimate probability, a risk will have a certain impact on your project. If so, there’s a risk that the client will reject your final webpages. Of course, you can control risk to a certain extent. Tool for Handling Risk.

article thumbnail

Different Project Management Terms Beginners Should Know

ProProfs Project Management

Any situation or event that can cause problems in project execution. . It refers to any prediction or estimation made on a project’s status, including how it will unfold in the future. Any discussion between teams to resolve difference on opinions or any other issues that negatively affect project execution. Stakeholder.