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Benchmark

Wiki

A benchmark is an accepted standard of performance that has been achieved by a member or members of an industry group.

Artificial Intelligence and Project Management: Empirical Overview, State of the Art, and Guidelines for Future Research

Apr 22, 2024 9:00 AM EDT (UTC-4)
webinar

Desk rejections of artificial intelligence (AI)–related submissions to the Project Management Journal® (PMJ) are high. This webinar will provide an overview and state-of-the-art snapshot on academic and practitioner work to derive at potential future research topics and guidelines on the execution and reporting of AI-related studies in project management.

Risk Management

Wiki

The risk management plan referred to in the PMBoK is the beginning of managing risk. The work that is done within a manufacturing process for example is also governed by Operational Risk Management. This is a process that begins in the planning phase of a project and continues throughout project execution and ends with the project close out.

Business Analysis

Wiki

Business analysis is an internal consultancy role that has the responsibility for investigating business situations, identifying and evaluating options for improving business systems, defining requirements and ensuring the effective use of information systems in meeting the needs of the business refhttps://en.wikipedia.org/wiki/Business_analysis/ref.

Expert judgment

Wiki

Expert Judgment is a technique in which judgment is provided based upon a specific set of criteria and/or expertise that has been acquired in a specific knowledge area, application area, or product area, a particular discipline, an industry, etc. Such expertise may be provided by any group or person with specialized education, knowledge, skil...

Forecasting

Wiki

Project forecasting consists of taking the project status information and extrapolating the current project performance to the end of the project. Forecasts can be made with respect to project duration, overall project cost, performance/quality level of project deliverables, or any combination of these.

Contract Negotiations

Wiki

Negotiation is a process involving two or more people with conflicting positions. These people attempt to reach an agreement by modifying their original positions. Usually, it requires bargaining in order to reach an acceptable arrangement. The arrangement, however, should not be seen as a win-lose situation. The solution should be mutually beneficial or, in some instances, mutually unprofitable.

Decision Making

Wiki

A set of techniques to facilitate group decision-making, prioritisation, and/or evaluation of alternatives. Geographically based decision-making techniques help structure ideas and focus attention on evaluating each criteria carefully to enable more effective decisions. Criteria can be qualitative or quantitative, depending on the nature of the decision to be made or problem to be solved.

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