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125 Project Management Buzzwords

The IIL Blog

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. Also known as continuous process improvement.

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Episode 196 – The Hidden Value: Understanding Benefits Realization

Velociteach

And the thing I like about Bent is that he spent, well, 20-something years gathering a lot of data about projects and their performance. And one of the interesting takeaways from his recent book is that four out of five projects cost more than expected and deliver less benefits than we had hoped. Did we realize the benefits?”

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80+ Awesome Online Resources for Project Managers

Wrike

This two -day course is designed for beginner project managers trying to manage projects on top of their regular job responsibilities. Learn how to avoid missed deadlines, combat the most common problems for projects, plan and estimate project cost, allocate resources, manage multiple projects, and keep projects on track.

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The Complete Glossary of 614 Project Management Terms

Workamajig

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. Most, however, track the project's costs and deadlines.

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Control Costs . is a process of examining a project status to be able to change the project costs if necessary to reduce risks. . Cost Management . is a process of assessing, assigning, and administering all project costs. Cost Management Plan . Cost Performance Index/Indicator (CPI) .

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Control Costs . is a process of examining a project status to be able to change the project costs if necessary to reduce risks. . Cost Management . is a process of assessing, assigning, and administering all project costs. Cost Management Plan . Cost Performance Index/Indicator (CPI) .