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. Feasibility Study An analysis of a project’s viability.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

ProProfs Project Management

JANUARY 21, 2020

The shortest time estimated to complete a specific project task or activity is known as optimistic duration. Performance Measurement Baseline. This creates a point of comparison of all the other baselines to evaluate project performance. Cost Estimation. Lean Six Sigma. Optimistic Duration.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Defining 111

Workamajig

JANUARY 11, 2021

Bottleneck: In project management terms, a bottleneck is any constraint that restricts the movement of a process. With this approach, the project's cost and/or duration are calculated by adding the cost/duration of all its constituent activities. Bottom-up Estimating: Another term for Analytical Estimating.

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78

MPUG

JUNE 1, 2022

Melanie: Jeff is currently the Training and Development Manager for Edwards Performance Solutions. As such, he oversees the production and maintenance of courses on project management, systems engineering, software development, business process improvement, and cyber security. Jeff, a big MPUG welcome back.

PMI 59

PMI Software Review Estimate Risk Management 59