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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 project management plans also include an HR management plan.

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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. Examining the Value of Monte Carlo Simulation of Project Time Management,” Goran Avlijas, Management: Journal of Sustainable Business Management Solutions in Emerging Economies , March 2018.

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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. How to Deal with Project Risk Management Effectively In Your Organization?,”

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Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

MPUG

But delivering as quickly as [inaudible 00:17:09], get it done right now, minimizing project costs, cheap, right? Definitely, there has to be the communications planning involved with that as well to more of a lean and effective type of method. And it comes down to practicing effective documentation, elegant and lean.

PMI 59