A technique to compare the total cost and the total benefit of a proposed solution. Both tangible and intangible factors need to be addressed and taken into account. Components may include:
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Variance analysis is the quantitative investigation of the difference between actual and planned behavior. This technique is used for determining the cause and degree of difference between the baseline and actual performance and to maintain control over a project.
Apportionment method is also known as analogous estimating, uses historical data of past projects that are relatively standard to allocate duration and costs to various segments of the current project. This is performed by assigning percentages of the total planned duration or costs to each segment. It is commonly used in projects that are relatively standard with minimal variation. The percentages are assigned with close reference to past projects' resources and costs allocation.
Risk audit is the examination and documentation of the effectiveness of risk responses in dealing with identified risk and their root causes, as well as the effectiveness of the risk management process.
Functional testing is a type of testing performed to ensure that the system or software conforms to the specifications and/or requirements laid down for it. Functional tests cases should be traceable to requirements.
Created by Dean Leffingwell, Scaled Agile Framework (SAFe), is an approach to scaling agile practices across an enterprise. Providing guidance at the portfolio, program and team level, its’ a proven framework based on the principles of Lean and Agile.
5W2H is a very simple and effective technique for guiding people simply and clearly, as well as understanding certain situations (needs, problems), documenting them, identifying alternatives and generating an action plan to solve them.
The Eisenhower Decision Matrix was developed by Dwight D. Eisenhower, the 34th President of the United States of America who also served as a General in the United States Army and as the Allied Forces Supreme Commander during World War II.
The 7 Cs provide a checklist to make sure your meetings, emails, conference calls, reports and presentations are well built and clear - so your audience gets your message.