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Top-Down & Bottom-Up Estimates Comparison

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Top-Down

Cycle Time Analysis

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A technique that examines the total length of time an activity needs to complete its cycle. It is measured by the amount of time that an input to a business activity requires to be transformed to an output. Where a process consists of multiple activities, the cycle time for any given activity is the time between previous activity completion a...

Emotional Intelligence

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Emotional Intelligence is very important in Project Management. It will help us to improve communications and relationships with our stakeholders and thus increase motivation and productivity.

What Is The Earned Value (EV) Of A Project

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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.

PMO KPI

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Improved Project Completion:

Key Performance Indicators

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Key Performance Indicators (KPI) are a set of quantifiable measures that a company or industry uses to gauge and compare performance in terms of meeting their strategic and operational goals.

3-Points Estimating

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3-Points is a technique used by professionals in estimating. This technique use the three figures that are produced initially for every distribution that is required, based on prior experience or best-guesses:

Accountability

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Accountability is an individual's requirement to accept the consequences, both positive and negative, for activities and actions. Often, an individual in a leadership position is held accountable for actions taken by subordinate team members.

Project Scope Statement

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A Project Scope Statement is a foundational document that outlines the specific deliverables, objectives, and boundaries of a project. It provides a clear description of what will be accomplished during the project and what will not be included. The Scope Statement typically includes the project's purpose, goals, [https://dlssolicitors.com/define/s...

Risk

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Risk describes a factor that may have a negative OR a positive impact on a project. A positive risk is also called an opportunity in general. Risk is quantified by measuring the probability of an unexpected event occurring with an impact that event would have on your project.

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