Pareto Diagram was originally designed by the Italian economist Pareto. It was originally used to represent the distribution of national income.
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A document that provides detailed information about deliverables, activity and scheduling of each component in the Work Breakdown Structure (WBS).
A set of interrelated techniques and/or activities, undertaken to achieve specific project goals and objectives in a timely-framed manner. This includes, among many other techniques, project estimation, resource planning, objectives setting, task scheduling, and project administration. To successfully manage projects, all project activit...
Critical Path Analysis is an analysis technique used to identify the critical (essential) and non-critical (non-essential) activities associated with a business process or work plan and the amount of float (slack) associated with each activity....
Manage Project Knowledge is the process of using existing knowledge and creating new knowledge to achieve the project's objectives and contribute to organization's learning (PMBOK 6th 2018). It is about using existing knowledge within the organization to achieve the project’s objectives and then using new knowledge gained on the project to contribute to the organization”s body of knowledge.
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:
What are the Data Required Project cost Estimation and Costing | Rate Analysis and Estimating?
Earned value (EV), also known as Budgeted Cost of Work Performed (BCWP), helps project managers measure a project's performance. It's the relationship between the budget and the percentage of completion of a project. It is a method used to calculate the health and status of any project by taking time and cost into consideration.
ENG: A technique used to integrate all change activities into a total business sequence change program. All aspects of managerial, operational, social and technological change must be driven by the needs of the business (enterprise). All changes are identified and prioritized for proper sequencing to maximize the benefit stream vis-à-vis constraints
A safety management system (SMS) is designed to manage safety in the workplace, managing business activities and applying principles, framework, processes to help prevent accidents, injuries and to minimize other risk(s).