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125 Project Management Buzzwords

The IIL Blog

Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. Agile Manifesto The fundamental document that outlines the values and principles of Agile project management. Agile team A cross-functional group of individuals (e.g.,

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How to Improve Your Project Evaluation Process

ProProfs Project Management

Moreover, with all the data at hand, you can look forward to nailing future projects. . What can be the consequences of poor project evaluation? . According to Saaslist , Project management challenges like poor project evaluation process cost businesses $109 million for every $1 billion invested in a project. .

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A Beginner’s Guide to Understanding Earned Value Management

MPUG

EVM concepts were initiated over fifty years ago by the United States Department of Defense (DoD) to support their control processes with large defense acquisition programs. Air Force defined the criteria for their acquisition projects which included the basic concepts of EVM. In 1965, the U.S.

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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. Approach Analysis is used during the Planning phase of each project.

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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. A Risk Management Methodology for Project Risk Dependencies,” Tak Wah Kwan and Hareton K.N., Michael, International Journal of Project Management , 19, pp. 3, March 2002.

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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. Michael, International Journal of Project Management , 19, pp. 24, 2010.

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. is a randomly chosen amount of time a task can be postponed without risk of delaying the project completion moment. Acquire Project Team .