Project Management
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1057 items found

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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.

Agreement

Wiki

An Agreement is a legal document which is signed between two parties, one party is called the Buyer and another party is called the seller. The Seller supplies the goods and Buyer pays the money in return. An agreement can be a contract, purchase order, understanding or undertaking. It should have legal remedies.

Boilerplate

Wiki

Boilerplate is standard terminology (often sections of a proposal, deliverable, or contract) that is reusable many times and is unlikely to change.

Variance Analysis

Wiki

Variance Analysis is the quantitative investigation of the difference between actual and planned behaviour. This technique is used for determining the cause and degree of difference between the baseline and actual performance and to maintain control over a project.

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