Remove Performance Measurement Remove Presentation Remove Project Cost Remove Project Life Cycle
article thumbnail

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.

article thumbnail

A Complete Guide to PMIS

ProjectManager.com

PMIS is made to support all aspects of project management and the information they monitor or collect. Integration and Ease of Use: Some PMIS will access data from different projects for multi-project analysis, integrating with other systems, such as payroll, inventory, etc. PMIS Throughout the Project Life Cycle.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is A System for Value Delivery in Project Management

Project Pulse Journal

The Role of Project-Associated Functions These functions are the project knowledge areas indispensable for the seamless planning, execution, and control of projects. Creating value throughout the project life cycle and integrating actions toward expected outcomes is one of the value propositions of managing projects.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of examining and determining risks of project failure as a result of improper assumption estimation. is a store of all assumptions and constraints created or processed within the project life cycle. . also known as a Gantt chart, is a graphical instrument depicting the data related to a project. .

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of examining and determining risks of project failure as a result of improper assumption estimation. is a store of all assumptions and constraints created or processed within the project life cycle. . also known as a Gantt chart, is a graphical instrument depicting the data related to a project. .

article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Actual Time Expended: The actual time spent on an activity from the Actual Start to the present date. Adaptive Project Framework (APF): An alternate approach to project management that focuses on estimating project work in stages based on changing business environment. Thus, its structure mirrors that of the WBS.

article thumbnail

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

MPUG

I’ll hand the presentation over to you. Let me find out where I’m presenting from. But delivering as quickly as [inaudible 00:17:09], get it done right now, minimizing project costs, cheap, right? I mentioned the five star because I saw this event is up on PMI. Jeff: Fantastic. There we go. Sorry, Microsoft.

PMI 59