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Now that we’ve determined what a project is, we can define project management as a discipline. What Is Project Management? Project management is a discipline that consists in using project management methodologies, tools and techniques to manage the projectlifecycle, which is a set of stages that are common to every project.
The scrum methodology has been around since the mid-1980s and has been a core sub-methodology of agile since 2001 when Ken Schwaber and Mike Beedle wrote the book on it: Agile SoftwareDevelopment with Scrum. Scrum allows you to create flexible project plans that can be adjusted at any point without impacting your project or budget.
Project Schedule Management Plan Define how you will plan schedule management, define activities, sequence activities, estimate activity durations, develop the schedule, and control the schedule. ProjectCost Management Plan Define how you will plan cost management, estimate costs, determine the budget, and control costs.
Continuous Improvement The ongoing effort to improve a project process, product, or service to achieve better results. Cost Estimation The process of estimating projectcosts is done by leveraging historical data, expert judgment, or quantitative models. of a project. Also known as continuous process improvement.
Bottleneck: In project management terms, a bottleneck is any constraint that restricts the movement of a process. With this approach, the project'scost and/or duration are calculated by adding the cost/duration of all its constituent activities. Most project management plans also include an HR management plan.
The PMI also notes that a project is typically different from ongoing operations or business as usual and that it requires the coordination of various resources and activities in order to achieve its objectives. From start to finish, a project usually goes through 5 phases, called the ProjectLifeCycle.
Effective Communication This involves communication between team members, project teams, and stakeholders. Reference Class Forecasting (RCF) is used to improve the accuracy of projectcost, duration, or other estimations by comparing them to similar completed projects.
A rough order of magnitude estimate, also known as ROM, is an estimation of a project’s level of effort and cost to complete. ROM estimates take place early in a projectlifecycle and guide strategy and planning choices. It helps in the evaluation, management, and control of softwaredevelopment.
Risk Management is essential for development and production programs. Information about key projectcost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Use of Benefits of Tools for Project Risk Management,” T. Charette, IEEE Software , pp. 255, April 2010.
Let's start with a critical understanding of the purpose of managing risk on softwaredevelopmentprojects. Risk Management is essential for development and production programs. Information about key projectcost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program.
Melanie: Jeff is currently the Training and Development Manager for Edwards Performance Solutions. As such, he oversees the production and maintenance of courses on project management, systems engineering, softwaredevelopment, business process improvement, and cyber security. Jeff, a big MPUG welcome back.
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