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Manage Project Knowledge

Wiki

Manage Project Knowledge is the process of using existing knowledge and creating new knowledge to achieve the project's objectives and contribute to organization's learning (PMBOK 6th 2018).

Critical Path Analysis

Wiki

An analysis technique used to identify the critical (essential) and non-critical (non-essential) activities associated with a business process or work plan and the amount of float (slack) associated with each activity.

Pareto Analysis

Wiki

A technique used to identify the few factors that have the greatest impact on an outcome, result, or on measures of quality, satisfaction or performance. Separating these "vital few" from the "trivial many" is generally known as the "80/20" rule. Applying this rule to sources of problems would mean that, on average, 80 percent o...

PMO KPI

Wiki

Improved Project Completion:

Phase (Hybrid) Estimating

Wiki

This hybrid estimation technique of a project’s costs and duration begins with a top-down approach and then progressively improves the estimates for the project phases as they are implemented. Some projects by their nature cannot be thoroughly defined because of the uncertainty of product designs and configurations due to market volatility of supply and demand.

Collaborative Planning, Forecasting and Replenishment (CPFR)

Wiki

CPFR is a set of business processes, backed up by information technology software and network infrastructure, in which supply chain partners in both internal and external environments agree to work in tandem to meet mutual business objectives. They cultivate a mutual understanding of each other, hence able to develop jointed Sales and Operations Plans (S&OP), and collaborate comprehensively to generate and update sales forecasts and replenishment plans in near real-time.

Parametric Cost and Duration Estimation

Wiki

Parametric Estimation is an estimating technique which uses bottom-up approach to calculate estimated cost and duration based on inputs from historical data and project parameters. It is calculated based on mathematical relationship between historical data and other variables such as product output per day and cost per unit.

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