Many people use the terms risk and issue interchangeably. But they are not the same and project managers should know the difference. First, define terms:…
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Qualitative and Quantitative analysis is performed after potential risks have been identified. But what’s the difference between these confusing terms. Here is a short explanation:…
The project Monitor and Control process is used by project managers, project teams, and stakeholders to ensure the team is making satisfactory progress to the…
A project work package is the smallest unit of work in a work breakdown structure (WBS). The output of the scope definition process is the…
First, let’s define stakeholder. A stakeholder may be an individual, department, or organization who are involved in, may have influence over, or may be affected…
Have 2 experts make independent estimates (or one expert estimate it twice). Sadly, this seems to be the estimating technique on many projects. Fortunately, we…
Archiving project files and data is an important closing activity. The specific information that is archived for a project will vary between projects and organizations.…