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5S Method

Wiki

5S represents Japanese words that describe the steps of a workplace organization process. English equivalent words are shown in parenthesis.

3-Points Estimating

Wiki

3-Points is a technique that involves people that are professional in the task we are estimating by this technique. In three-point estimation, three figures are produced initially for every distribution that is required, based on prior experience or best-guesses:

Bottom-Up estimating

Wiki

Bottom-up estimating involves the estimation of work at the lowest possible level of detail. These estimates are then aggregated in order to arrive at summary totals. By building detailed cost and time estimates for a work package, the probability of being able to meet the estimated amounts improves substantially.. Bottom-up estimates take more time to complete, but they also are more accurate than either analogous or parametric estimates.

War Room

Wiki

War Room is a room dedicated to a project to provide communication and collaboration space for a project team. A room used for conferences and planning that is often specially equipped (as with computers, or charts).A room where people meet and exchange plans, ideas, information, etc., in an active way.

The Agile Enterprise: Managing Financial Aspects in Agile Projects

Jan 10, 2020 9:00 AM EST (UTC-5)
PREMIUM webinar

Agile is sometimes introduced as a cheaper way of delivering projects, products, and services. Unlike the traditional approach of measuring the value delivered based on the planned deliverables, the budget spent, and meeting the critical milestones, Agile doesn't and shouldn't track the delivery in the same way. Agile is a new approach, and traditional project finance management may not be relevant or can become an impediment to agility. Agile is or should be based on trust, and in an Agile organization, most of the financial planning and reporting should not be necessary. However, very few organizations have the necessary conditions to abolish tight financial management. This webinar will propose a few financial management approaches for Agile projects, highlighting the necessity as well as the challenges of each of the proposed models.

Opportunity to Participate in PMI Standards Development

by PMI

It's your opportunity to help shape a global project management standard that has sold more than 6 million copies! Find out how to review and provide feedback to the exposure draft of The Standard for Project Management.

Factors, Approaches, Impacts, and Effects of Communication

by Pang De Xian

Our fluency in conveying our messages affects the fluidity of the messages’ transmissions, and thus the effectiveness of their intentions. Learning the relationships between factors, approaches, impacts, and the effects of communication can help to improve our communication and correspondence skills in listening, writing, and conversation.

The Agile Enterprise: Managing Financial Aspects in Agile Projects

by Stelian Roman
January 10, 2020 | 59:56 | Views: 3,177 | PDUs: 1.00 | Rating: 4.47 / 5

Agile is sometimes introduced as a cheaper way of delivering projects, products, and services. Unlike the traditional approach of measuring the value delivered based on the planned deliverables, the budget spent, and meeting the critical milestones, Agile doesn't and shouldn't track the delivery in the same way. Agile is a new approach, and traditional project finance management may not be relevant or can become an impediment to agility. Agile is or should be based on trust, and in an Agile organization, most of the financial planning and reporting should not be necessary. However, very few organizations have the necessary conditions to abolish tight financial management. This webinar will propose a few financial management approaches for Agile projects, highlighting the necessity as well as the challenges of each of the proposed models.

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