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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Traditionally, dashboards were created “manually” by assembling select pie charts or data graphs in a presentation view. The data however, was often outdated by the time of the presentation. Event chain diagram This is a visual way of demonstrating the relationship between events and tasks and how they impact one another.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome. A project sponsor can request an audit.

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Project Management Methodologies Review (Part 1)

Wrike

Event Chain Methodology (ECM). Risks are difficult to identify and analyze, and project managers may be under pressure by stakeholders to create optimistic timelines, budgets, or deliverables. Event chain methodology helps recognize and plan for potential risks that may lie outside the project scope.