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247 items found

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Parametric Estimating

Wiki

Parametric Estimation as the name suggests is based on parameters, a number of units you need to do. In many cases based on industry published tables, then adjusted by region and season. Some large organizations have built detailed historical data that can be used.

What is a Project?

Wiki

A project is a temporary endeavor undertaken to create a unique product, service, or result. The temporary

PRINCE2 - Overview

Wiki

PRINCE stands for: PRojects IN Controlled Enviroments , While 2 stands for the version.

5S Method

Wiki

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

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.

Organizational Learning

Wiki

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.

Work Flow Diagramming

Wiki

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).

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