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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Baseline A baseline is an estimate of the project’s scope, schedule and costs that is created during the planning stage. It’s not merely data backup, but includes that and every other detail to ensure the project isn’t derailed by considering short- and long-term events and how to respond to them.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.

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Project Management Methodologies Review (Part 1)

Wrike

They hire you to manage the development of a new CRM software that will help the sales team personalize their communications, track sales data, and determine ideal communication timelines. Event Chain Methodology (ECM). Event chain methodology helps recognize and plan for potential risks that may lie outside the project scope.