Project Management
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513 items found

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Prototyping

Wiki

A technique used to experiment with new ideas or concepts at relatively low cost. Prototyping is the process of creating a simple and experimental model of a digital product to visualize the concept and get feedback from teammates and stakeholders. Prototyping is used to model and create a functional form of a newly redesigned or reengi...

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.

Team Building

Wiki

Team building is one of the interpersonal and team skills. It enhances the team's social relations and build a collaborative and cooperative working environment.It is A set of techniques used to help project teams learn, grow, and develop into more effective teams. The techniques can be applied throughout the project lifecycle, during team meetings, and/or workshops to facilitate team member affiliation (see Workshops and Facilitation).

Activity Based Costing (ABC)

Wiki

The accounting technique, which identifies all costs associated with individual activities comprising a project or process, irrespective of its place within an organizational structure. For example, ABC assigns product costs, based on the activities that are required to produce a product. By identifying the product’s cost drivers and its corresponding activities, this technique also allows for identification of non-value-adding activities and opportunities for cost reductions through reengineering or redesign.

Transition Planning

Wiki

A set of techniques to address all aspects of transitioning to a new environment. The key aspects of change that must be addressed are managerial (M), operational (O), social (S), and technical (T).

Candidate Entity Type and Activity Analysis

Wiki

A technique used to identify and analyze the corresponding entities and activities needed to satisfy customer requirements. 'Results of applying the technique are incorporated into building an information architecture.

Systems Component Mapping

Wiki

This technique is used to locate, verify, document, and cross-reference vital, current physical system information. Systems Component Mapping is a first step to assess the current level of systems support, to determine what can be salvaged from existing systems to support reengineering opportunities, to uncover existing business rules, and ...

Project management improvement using AI

Wiki

Artificial Intelligence (AI) can significantly enhance project management in various ways. Here are some ways in which AI can improve project management:

Enterprise Portfolio Management

Wiki

Enterprise Portfolio Management (EPM) is a set of interrelated techniques and/or activities, systematically applied to maximize a company's investment decisions. This involves a centralized view of all major projects within the organization, viewing them as one portfolio or a set of portfolios being led by functional departments (IT, HR, Finance, Marketing, Logistics etc.).

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