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BOSCARD a strategic planning tool used in project management to give the Terms of reference for new projects. Budget generally refers to a list of all planned expenses and revenues. Budgeted cost of work performed (BCWP) measures the budgeted cost of work that has actually been performed, rather than the cost of work scheduled.
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.
BOSCARD – a strategic planning tool used in project management to give the Terms of reference for new projects. Event chain diagram – diagram that show the relationships between events and tasks and how the events affect each other. Gantt chart – is a type of bar chart that illustrates a project schedule. It illustrate the start and ...
Project planning is often used to organize different areas of a project, including project plans, workloads and the management of teams and individuals. The logical dependencies between tasks are defined using an activity network diagram that enables identification of the critical path. Project planning is inherently uncertain as it must be ...
In multi-phase projects, the monitoring and control process also provides feedback between project phases, to implement corrective or preventive actions to bring the project into compliance with the project management plan. Project maintenance is an ongoing process, and it includes: [38] Continuing support of end-users; Correction of errors
The terms of reference are created during the earlier stages of project management by the founders of the project in question, immediately after the approval of a project business case. They are documented by the project manager and presented to the project sponsor or sponsors for approval. Once the terms have been approved, the members of the ...
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
Project cycle management; Project diary; Project governance; Project identification; Process management (project management) Project complexity; Project engineering; Project Management Body of Knowledge; Project management office; Project management triangle; Project manager; Project manufacturing; Project sponsorship; Project stakeholder ...
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