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Project Management metrics

Metrics are a technique that is used to analyze business processes and performance – they are used to analyze something that’s quantifiable (i.e. not subjective). Individual metrics are often grouped into balanced scorecards in order to get a performance snapshot of a variety of activities. Using metrics to help govern project management activities can be […]

How A Work Breakdown Structure Can Improve Your Project

29 September 2011

Any project management guide will tell you that a Work Breakdown Structure is crucial in the accomplishment of completing a project. What is a Work Breakdown Structure? A Guide to the Project Management Body of Knowledge 3rd Edition (PMBOK Guide) defines it as “a deliverable-oriented hierarchical decomposition of the work to be executed by the […]

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What Is A Project Critical Path And Why Is It Critical?

03 September 2011

If you think of your project as a journey, with the completed project deliverables as the end-destination, you will realize that you will need to follow a certain route with specific landmarks to get there. That’s your project critical path. Simple, isn’t it? The PMBOK Definition One of the textbook definitions of the project critical […]

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Scrum Methodology: Teams And Sprints

03 September 2011

Scrum methodology is a framework that was originally formulated for use in software development projects, but which has been found to also work well for large, complex projects and work in general. It is particularly suited to dynamic, fast-paced environments as it allows practitioners to respond quickly to changes in the overall plan or to […]

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The Resource Loading Chart: What You Need To Start

03 September 2011

The Resource Loading Chart is one of the simpler concepts in resource management that will allow you to see at a glance the tasks and work components involved in the completion of a project, how many you have of each resource available and their specific costs per unit) as well as which particular tasks in […]

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Common Problems In Using Earned Value Analysis

03 September 2011

What are the common problems associated with earned value analysis? While earned value analysis seems like a simple technique for tracking project progress, it is not without its own unique problems and challenges. Below are three of the common problems that managers using the earned value analysis technique may encounter during the implementation process. First […]

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What is earned value analysis and how is it used in project management?

03 September 2011

Earned value analysis, also known as performance measurement, cost schedule control systems, and management by objectives, is a system of measuring project performance by comparing the amount of planned work with the actual completed work to determine if the project costs and schedules are being followed. Earned value analysis is computed using the following key […]

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Making Work Workable: The Work Breakdown Structure

03 September 2011

In project planning– the most important part of project management– defining the work that needs to be done and all its various components is perhaps the most important part. This is crucial in making sure that you will correctly estimate the time and resources necessary to get the project completed, as well as inform the […]

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What Is A Skills Roster And Why You Need One

03 September 2011

In project management, there are two basic elements that are crucial in completing what you need to complete: time and resources. The truth is, all project managers will tell you that there are never seem to be enough time and resources to finish a project. Then again, that’s why there are project managers– your skill […]

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