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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. Cost overrun This is the actual cost that exceeds the estimated cost in the budget, also known as a cost increase or budget overrun.

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Project Manager Job Description (with free copy+paste examples!)

ProjectManager.com

There are two major certifying bodies, PRINCE2 and the Project Management Institute (PMI). While communication is key to address changes and make sure everyone is doing what they need to do, the project manager must also define, schedule and accurately estimate the task duration to develop and maintain a realistic project schedule.

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9 Steps to Managing Risk for Your Projects

LiquidPlanner

an estimate of three or more on the scale mentioned in No. Estimation. Once you’ve determined what you’ll do to address each risk, estimate how much it will cost you to do so. When you have a proven process to lean on, it will undoubtedly lead to projects running more smoothly and successfully. Assign owners.

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The Best 53 Project Management Blogs You Should Be Reading

Paymo App

What to expect: As a Lean and Agile project management expert, Corinna Baldauf shares her knowledge to help PM professional find and fix process problems. Some of the other topics to help teams achieve results and deal with change include Scrum, growth, and Lean management. PRINCE2 Blog. PRINCE2’s Positive Risks.

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What Do Companies like Apple, Amazon and Google Look for in Project Managers?

Epicflow Blog

This certification course covers Scrum, Kanban, Lean, extreme programming (XP) and test-driven development (TDD). You’ll learn how to identify and estimate risks and manage them. PMI Agile Certified Practitioner (PMI-ACP) is a unique course that will make you an expert in Agile methodology, which is a must in project management.

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Top Solutions to Project Failure – Epicflow Research Part 2

Epicflow Blog

Victorine Ghobeira , a Senior Business Analyst and Project Manager at Dataquest, says that “preventing a lack of resource starts when defining and estimating activities and leads to creating a realistic schedule. DIscussion in PRINCE2 & MSP – Project & Programme Management + Agile Scrum.

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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.