Events PMI Project Cost Project Life Cycle 
The IIL Blog
OCTOBER 17, 2023
Continuous Improvement The ongoing effort to improve a project process, product, or service to achieve better results. Cost Estimation The process of estimating project costs is done by leveraging historical data, expert judgment, or quantitative models. of a project. Also known as continuous process improvement.
MPUG
APRIL 2, 2024
What is a Project The Project Management Institutes (PMI) PMBOK defines a project is “a temporary endeavor undertaken to create a unique product, service or result.” From start to finish, a project usually goes through 5 phases, called the Project Life Cycle.
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Project Pulse Journal
MARCH 7, 2024
Here's an overview of the ten knowledge areas: Project Integration: Encompasses the coordination and amalgamation of diverse project management processes and activities to ensure the realization of project objectives. Negative risks or threats are events or circumstances that could potentially harm the project's objectives.
Rebel’s Guide to PM
MARCH 22, 2021
Efficient project resource management also ensures maximum billable resource utilization for profitability. Here is how: Reduce project costs – Complete visibility across the enterprise helps leverage global resources from low-cost locations. Challenges of Resource Management in Projects. Essential read.
Workamajig
JANUARY 11, 2021
Acquisition Process: The process for acquiring the resources and people needed to complete a project. Events and milestones are represented as nodes. As Late as Possible (ALAP): In project management terms, ALAP is any activity that should be started as late as possible as long as it doesn't delay any of its successor activities.
Herding Cats
MAY 10, 2019
Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Overcoming Barriers in Assessing Risk Probabilities,” Tom Kendrick , 2012 PMI Global Congress Proceedings , 2012. How to Deal with Project Risk Management Effectively In Your Organization?,”
Herding Cats
MAY 11, 2019
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. How to Deal with Project Risk Management Effectively In Your Organization?,”
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