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50 items found

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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.

Brainstorming

Wiki

A divergent thinking tool for idea generation on a given subject in a limited period of time. Brainstorming is typically conducted in a facilitated session or workshop environment to stimulate creative thinking, to create novel or innovative solutions to a problem, and to introduce "controlled chaos" into the thought process. It is the most widely used technique to cultivate ideas. The objective is quantity, not necessarily quality and is based on the principle that "many brains are often better than one."

Branching Logic

Wiki

Branching logic is conditional logic typically diagrammed as a tree structure with each branch being a logical result based on choices made.

Breakeven

Wiki

Breakeven is when costs and income are equal....

Budget

Wiki

A Budget is an estimate of funds planned to fund a particular project or fiscal period. It is a planned allocation of resources, measured in dollars....

Build

Wiki

A Build is a working version of a subsystem that delivers a defined subset of functions that will be included in the final product....

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