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  2. Project management triangle - Wikipedia

    en.wikipedia.org/wiki/Project_management_triangle

    Project management triangle. The project management triangle (called also the triple constraint, iron triangle and project triangle) is a model of the constraints of project management. While its origins are unclear, it has been used since at least the 1950s. [1] It contends that:

  3. Project management - Wikipedia

    en.wikipedia.org/wiki/Project_management

    Business and economics portal. v. t. e. Project management is the process of supervising the work of a team to achieve all project goals within the given constraints. [1] This information is usually described in project documentation, created at the beginning of the development process. The primary constraints are scope, time, and budget. [2]

  4. Theory of constraints - Wikipedia

    en.wikipedia.org/wiki/Theory_of_constraints

    t. e. The theory of constraints (TOC) is a management paradigm that views any manageable system as being limited in achieving more of its goals by a very small number of constraints. There is always at least one constraint, and TOC uses a focusing process to identify the constraint and restructure the rest of the organization around it.

  5. Portfolio optimization - Wikipedia

    en.wikipedia.org/wiki/Portfolio_optimization

    Personal finance. Portfolio optimization is the process of selecting an optimal portfolio (asset distribution), out of a set of considered portfolios, according to some objective. The objective typically maximizes factors such as expected return, and minimizes costs like financial risk, resulting in a multi-objective optimization problem.

  6. Program evaluation - Wikipedia

    en.wikipedia.org/wiki/Program_evaluation

    Program evaluation is a systematic method for collecting, analyzing, and using information to answer questions about projects, policies and programs, [ 1 ] particularly about their effectiveness and efficiency. In both the public sector and private sector, as well as the voluntary sector, stakeholders might be required to assess—under law or ...

  7. Model predictive control - Wikipedia

    en.wikipedia.org/wiki/Model_predictive_control

    Model predictive control. Model predictive control (MPC) is an advanced method of process control that is used to control a process while satisfying a set of constraints. It has been in use in the process industries in chemical plants and oil refineries since the 1980s. In recent years it has also been used in power system balancing models [1 ...

  8. Critical chain project management - Wikipedia

    en.wikipedia.org/wiki/Critical_chain_project...

    Some project managers feel that the earned value management technique is misleading, because it does not distinguish progress on the project constraint (i.e., on the critical chain) from progress on non-constraints (i.e., on other paths). Event chain methodology can determine the size of the project, feeding, and resource buffers.

  9. Eliyahu M. Goldratt - Wikipedia

    en.wikipedia.org/wiki/Eliyahu_M._Goldratt

    Eliyahu M. Goldratt. Eliyahu Moshe Goldratt (March 31, 1947 – June 11, 2011) was an Israeli business management guru. [1][2] He was the originator of the Optimized Production Technique, the Theory of Constraints (TOC), the Thinking Processes, Drum-Buffer-Rope, Critical Chain Project Management (CCPM) and other TOC derived tools.

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