article thumbnail

Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

The scrum methodology has been around since the mid-1980s and has been a core sub-methodology of agile since 2001 when Ken Schwaber and Mike Beedle wrote the book on it: Agile Software Development with Scrum. That hasn’t stopped practitioners from using scrum in varying industries, from retail logistics to event planning.

SCRUM 411
article thumbnail

How to Cash In on Project Opportunities

Project Risk Coach

Consequently, these project managers and team members fail to take advantage of these upside risks. The PMBOK® Guide defines risk as "an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives." New opportunities may surface at any point in the project life cycle.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Top 10 Project Management Methodologies – An Overview

ProjectManager.com

Some of them work better on particular industries or projects, so you’ll need to learn about project management methodologies to decide which one works best for you. Top 10 Project Management Methodologies. If you manage projects, you need to learn about project management methodologies. Kanban Methodology.

article thumbnail

125 Project Management Buzzwords

The IIL Blog

Lessons Learned Leveraging the experience and knowledge gained from past projects to inform and improve future project outcomes. Milestone A specific point or event in a project is used to track progress and mark achievements. Projects are generally a mechanism for change and may leverage innovation. of a project.

article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

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.

article thumbnail

Managing Risks and Controlling Projects: How Data-Driven Project Management Come in Useful for Multi-Project Environments

Epicflow Blog

Risk Analysis: Essential Components A risk is an event or circumstance with either a positive or negative effect on a project. To understand the impact of a risk-bearing event, a project manager should carry out a proper risk analysis to mitigate potential threats and avoid roadblocks to successful delivery.

article thumbnail

What is Project Management

MPUG

The PMI also notes that a project is typically different from ongoing operations or business as usual and that it requires the coordination of various resources and activities in order to achieve its objectives. From start to finish, a project usually goes through 5 phases, called the Project Life Cycle.