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Different Project Management Terms Beginners Should Know

ProProfs Project Management

An assumption in project management refers to assuming about possible factors or situations that may occur in the project planning process that it may actually happen. This refers to the various schedules and costs defined at the start of a project. Performance Measurement Baseline. Cost Estimation.

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

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

also known as a Gantt chart, is a graphical instrument depicting the data related to a project. . is initial data for your project performance measurement necessary for the start. It usually consists of the three following components: schedule, cost, and scope. Case Study . Control Costs . Bar Chart

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

also known as a Gantt chart, is a graphical instrument depicting the data related to a project. . is initial data for your project performance measurement necessary for the start. It usually consists of the three following components: schedule, cost, and scope. Case Study . Control Costs . Bar Chart

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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. Bottom-up Estimating: Another term for Analytical Estimating.