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.
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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.
What is Negotiation
The 10 Project Management knowledge areas:
Disciplined Agile Delivery (DAD)
Organizational learning is the process by which managers seek to improve organization members’ capacity to understand and learn the organization’s internal and external environments. In turn, members will perform to their capacity in carrying out their duties and progressively learn when they met with difficulties; hence they can make decisions and achieved objectives that continuously raise organizational effectiveness.
A graphic technique used to document how activities are performed. As such, work flow diagrams show how an enterprise organizes work. These diagrams can be created at various levels of detail to meet specific project objectives. For example, work flow diagramming can assist a team to understand and scope a process for redesign at a contextual level (see Context Analysis), or can assist a reengineering team to specify detailed work steps in order to perform an analysis of cycle time (see Cycle Time Analysis).
A method for keeping a record of open problems that, depending on their content, must be solved within the next task, before the next milestone, or before the change effort can be successfully completed.
Project Managers and Business Analysts frequently use Six Sigma related tools, techniques, and processes as a way to capture requirements, risks, and assumptions for their projects. One technique which can be effective to capturing information from a business is known as Voice of the Business.
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