The 1%-10% Rule is used to determine the proper level of detail while breaking down the work of a project. The rule states that the lowest level of activities in the WBS of a project should have a duration no less than 1% of the project duration and not more than 10% of the project duration.
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This year's top 10 business analysis trends focus on leveraging the power of requirements at all levels through Agile and business architecture to deliver business value to the organization.
Here are 10 key benefits you will derive from following an agile approach to development.
The PMI Scheduling Conference is important to you if schedules are vital to your business life. Learn from the experts how to avoid scheduling problems and how, when they do arise, to address them with confidence.
This all-day virtual event featured expertise to assist practitioners with Building Your Defense Against Chaos in the world of project scheduling. Two concurrent tracks of content featured 1. Education and Training Track: Learn best practices in project scheduling methods, techniques and approaches (topics include: applied schedule management and scheduling for programs and portfolios); and 2. Case Studies and New Advances Track: Pick up valuable case studies and/or lessons learned in project, program and portfolio scheduling. This includes presentations on scheduling theories and techniques from real projects and programs (topics: risk analysis and scenario-based program scheduling).
The 2015 PMI Pulse report reveals that organizations are returning to the basics of project, program and portfolio management. By focusing on the fundamental aspects of developing a culture of project management, cultivating talent and defining processes, organizations will capture value and gain competitive advantage.
The Minnesota chapter of the Project Management Institute (PMI-MN) is currently planning its 2022 Professional Development Days (PDD) conference. The event comprises education classes on the first day followed by a symposium on the second day. The 2022 PDD Education Day will be a hybrid event, with both in-person, full-day classes and virtual half-day classes. The annual PDD event brings speakers and educators together with project management practitioners to provide a best-in-class professional education experience and the opportunity to earn PDUs. The theme this year is “A New Normal: Knowledge and Networking."
Business value keeps getting diluted when software projects move from business executives to the IT folks. The plan that underpinned the business case of the investment is unfortunately often washed out when translating into IT and features in a software. This is a critical error and it is not easy to correct if starting development without it. Here are three models that can be used in combination, each serving it own purpose in the planning process.
Working within a few guidelines, agile methods are very effective for delivering rapid and flexible modifications to established systems.
3-Points is a technique that involves people that are professional in the task we are estimating by this technique. In three-point estimation, three figures are produced initially for every distribution that is required, based on prior experience or best-guesses: