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  2. Product breakdown structure - Wikipedia

    en.wikipedia.org/wiki/Product_breakdown_structure

    In project management under the PRINCE2 methodology, a product breakdown structure (PBS) is a tool for analysing, documenting and communicating the outcomes of a project, and forms part of the product based planning technique.

  3. Outline of project management - Wikipedia

    en.wikipedia.org/wiki/Outline_of_project_management

    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 project management, within the organization. The PMO strives to standardize and introduce economies of repetition in the execution of projects.

  4. Value breakdown structure - Wikipedia

    en.wikipedia.org/wiki/Value_breakdown_structure

    The concept has similarities with the deliverable-oriented work breakdown structure (WBS) decomposition which is used in project management and systems engineering to break down a project into smaller components in a tree structure that represents how the work of the project will create the components of the final product. Resources and cost ...

  5. Basis of estimate - Wikipedia

    en.wikipedia.org/wiki/Basis_of_estimate

    Earned Value Management is a second tool within project management that allows for the tracking of progress throughout the life cycle of a project. BOEs, when executed properly and with the aid of certain software packages, allow for a seamless transition from project proposal to execution by transferring data from the BOE directly into ...

  6. Front-end loading - Wikipedia

    en.wikipedia.org/wiki/Front-end_loading

    Front-end loading (FEL), also referred to as Front-End Engineering Design (FEED), Front End Planning (FEP), pre-project planning (PPP), and early project planning, is the process for conceptual development of projects in processing industries such as upstream oil and gas, petrochemical, natural gas refining, extractive metallurgy, waste-to-energy, biotechnology, and pharmaceuticals.

  7. Value-driven design - Wikipedia

    en.wikipedia.org/wiki/Value-driven_design

    Value-driven design (VDD) is a systems engineering strategy based on microeconomics which enables multidisciplinary design optimization. Value-driven design is being developed by the American Institute of Aeronautics and Astronautics , through a program committee of government, industry and academic representatives. [ 1 ]

  8. Value engineering - Wikipedia

    en.wikipedia.org/wiki/Value_engineering

    Value engineering can lead to the substitution of lower-cost materials, as with the exterior cladding that accelerated the Grenfell Tower fire in London. [1] [2]Value engineering (VE) is a systematic analysis of the functions of various components and materials to lower the cost of goods, products and services with a tolerable loss of performance or functionality.

  9. Earned value management - Wikipedia

    en.wikipedia.org/wiki/Earned_value_management

    [8] [9] It has since become a significant branch of project management and cost engineering. Project management research investigating the contribution of EVM to project success suggests a moderately strong positive relationship. [10] Implementations of EVM can be scaled to fit projects of all sizes and complexities.