Triangular distribution is a common formula used when there is insufficient historical data to estimate duration of an activity. It is based on three points that consider estimation uncertainty and risk.
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When to baseline a project is pretty clear. Typically you set the initial baseline for the project when the project schedule has been defined and all resources assigned.
What is the Kano Model?
A Pareto diagram is a vertical bar chart that identifies the critical few from the uncritical many: A histogram, ordered by frequency of occurrence, that shows how many results were generated by each identified cause.
This is a forward thinking exercise, with an eye on the past. It is a mix of retrospective and futurospective which uncover risks.
A work breakdown structure (WBS) is a "deliverable oriented hierarchical decomposition of the work to be executed by the project team" (PMBOK). The WBS visually defines the scope into manageable chunks that a project team can understand, as each level of the WBS provides further definition and detail.
A component of work performed during the course of a project. Can be a Stage (group of steps), Step (group of tasks), or Task (individual activity).
Just-in-time (JIT) manufacturing, also known as just-in-time production, is a methodology aimed primarily at reducing times within the production system as well as response times from suppliers and to customers. JIT is an emerging practice in resource management developed as a need to control for the scarce nature of critical resources.