Remove Event Chain Remove Planning Remove Underperforming Technical Team
article thumbnail

100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Arrow Diagramming Method A network diagramming technique that represents the start and end of activities with arrows to help with scheduling in the project planning phase. Baseline A baseline is an estimate of the project’s scope, schedule and costs that is created during the planning stage. It is also called a Business Case.

article thumbnail

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.

article thumbnail

Project Management Methodologies Review (Part 1)

Wrike

As they proceed, teams continually evaluate previous results to improve policies and practices at each stage of the project lifecycle. Clients/stakeholders can change project scope at the start of each stage so the team can produce the most business value. Critical Chain Project Management (CCPM). Critical Path Method (CPM).