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  2. Project management triangle - Wikipedia

    en.wikipedia.org/wiki/Project_management_triangle

    The 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. Work breakdown structure - Wikipedia

    en.wikipedia.org/wiki/Work_breakdown_structure

    Example from MIL-HDBK-881, which illustrates the first three levels of a typical aircraft system [1]. A work-breakdown structure (WBS) [2] in project management and systems engineering is a deliverable-oriented breakdown of a project into smaller components.

  4. Project plan - Wikipedia

    en.wikipedia.org/wiki/Project_plan

    A project plan, is a series of structured tasks, objectives, and schedule to a complete a desired outcome, according to a project managers designs and purpose.According to the Project Management Body of Knowledge (PMBOK), is: "...a formal, approved document used to guide both project execution and project control.

  5. Performance indicator - Wikipedia

    en.wikipedia.org/wiki/Performance_indicator

    A performance indicator or key performance indicator (KPI) is a type of performance measurement. [1] KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. [ 2 ]

  6. Program evaluation and review technique - Wikipedia

    en.wikipedia.org/wiki/Program_Evaluation_and...

    The program evaluation and review technique (PERT) is a statistical tool used in project management, which was designed to analyze and represent the tasks involved in completing a given project. PERT was originally developed by Charles E. Clark for the United States Navy in 1958; it is commonly used in conjunction with the Critical Path Method ...

  7. Level of effort - Wikipedia

    en.wikipedia.org/wiki/Level_of_Effort

    In project management, level of effort (LOE) is a support-type project activity that must be done to support other work activities or the entire project effort.It usually consists of short amounts of work that must be repeated periodically.

  8. PRINCE2 - Wikipedia

    en.wikipedia.org/wiki/PRINCE2

    Defined in management product Example Scope: Project/stage plan, work package description: The printer must print documents in black/white, and should also print in colour. Timescale: Project/stage plan, work package description: The work must be delivered within 2-3 months. Risk: Business case, stage plan, work package description

  9. Budgeted cost of work performed - Wikipedia

    en.wikipedia.org/wiki/Budgeted_cost_of_work...

    The items identified in the Work breakdown structure plus overhead costs, plus costs related in proportion to the planning and performance.) According to the PMBOK (7th edition) by the Project Management Institute (PMI), Earned Value (EV) is defined as the "measure of work performed expressed in terms of the budget authorized for that work." [3]

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