article thumbnail

Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Scrum?

SCRUM 412
article thumbnail

Top 10 Project Management Qualifications

ProjectManager.com

Business: There’s a business component to project management, of course. PMP: PMP stands for Project Management Professional, and is an internationally recognized certification offered by the Project Management Institute (PMI).

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Start a Project in 10 Steps

ProjectManager.com

After you do all this, you’ll have the duration of the project. Estimate Your Project Costs Project costs refer to the financial investment for delivering the project. Every task will have associated costs, such as team member salaries, equipment rentals, raw materials and more.

Estimate 271
article thumbnail

Who Approves Your Project Change Requests?

Project Risk Coach

For example, the project sponsor is involved for the following: When one or more change requests affect the schedule by two weeks or more When one or more change requests increase project cost by 10% or more Change requests that change the product specifications Change requests from particular stakeholders Who Should Approve Scrum Change Requests?

article thumbnail

Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

Project Controls Project controls process and analyze metrics and work to keep costs and schedules on track. Project controls include initiating, planning, monitoring and controlling, communicating and closing out project costs and schedules.

Process 367
article thumbnail

The Complete Guide To Benefits Of Agile Certification

Agilemania

You might be interested in reading: The Definitive Guide to What Is Agile and Scrum. 39% said Reduce project risk . 23% reported reduced project cost . 39% said Reduce project risk . 23% reported reduced project cost . It is the home of Scrum. Scrum Alliance .

article thumbnail

10 Project Constraints That Endanger Your Project’s Success

ProjectManager.com

Resources are strongly connected to the project cost. Obviously, you’ve heard about Scrum, Agile, and Kanban. Different project management methodologies can be used to approach a project. Use the Failure Mode and Effects Analysis (FMEA) approach to mitigate both identified and unidentified risks. Methodology.