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The Project Management Body of Knowledge (PMBOK) is a set of standard terminology and guidelines (a body of knowledge) for project management.The body of knowledge evolves over time and is presented in A Guide to the Project Management Body of Knowledge (PMBOK Guide), a book whose seventh edition was released in 2021.
The techniques of scheduling are well developed [1] but inconsistently applied throughout industry. Standardization and promotion of scheduling best practices are being pursued by the Association for the Advancement of Cost Engineering (AACE), the Project Management Institute (PMI), [ 2 ] and the US Government for acquisition [ 3 ] and ...
Project Management Body of Knowledge (PMBOK) : The sum of knowledge within the profession of project management that is standardized by ISO. [ 6 ] Project management office : The Project management office in a business or professional enterprise is the department or group that defines and maintains the standards of process, generally related to ...
The precedence diagram method (PDM) is a tool for scheduling activities in a project plan. It is a method of constructing a project schedule network diagram that uses boxes, referred to as nodes, to represent activities and connects them with arrows that show the dependencies. It is also called the activity-on-node (AON) method.
A schedule generated using the critical path techniques often is not realized precisely, as estimations are used to calculate times: if one mistake is made, the results of the analysis may change. This could cause an upset in the implementation of a project if the estimates are blindly believed, and if changes are not addressed promptly.
A Gantt chart showing three kinds of schedule dependencies (in red) and percent complete indications. Henry Gantt, inventor of the Gantt chart. A Gantt chart is a bar chart that illustrates a project schedule. [1] It was designed and popularized by Henry Gantt around the years 1910–1915.
In operations research, Johnson's rule is a method of scheduling jobs in two work centers. Its primary objective is to find an optimal sequence of jobs to reduce makespan (the total amount of time it takes to complete all jobs). It also reduces the amount of idle time between the two work centers. The method minimizes the makespan in the case ...
Linear scheduling method is a graphical scheduling method focusing on continuous resource utilization in repetitive activities. Predictive analytics encompasses a variety of statistical techniques from modeling, machine learning, and data mining that analyze current and historical facts to make predictions about future, or otherwise unknown ...