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The Oracle unified method (OUM), first released by Oracle Corporation in 2006, is a standards-based method with roots in the unified process (UP). OUM is business-process and use-case driven and includes support for the Unified Modeling Language (UML), though the use of UML is not required. OUM combines these standards with aspects of Oracle's ...
PERT network chart for a seven-month project with five milestones (10 through 50) and six activities (A through F). work breakdown structure, A work breakdown structure (WBS), in project management is a deliverable oriented decomposition of a project into smaller components. A Gantt chart is a type of bar chart, that illustrates a project schedule.
Testing: helps ensure a solution of good quality, DSDM advocates testing throughout each iteration. Since DSDM is a tool and technique independent method, the project team is free to choose its own test management method. Workshop: brings project stakeholders together to discuss requirements, functionalities and mutual understanding.
These results, including the drag computations, allow managers to prioritize activities for the effective management of project, and to shorten the planned critical path of a project by pruning critical path activities, by "fast tracking" (i.e., performing more activities in parallel), and/or by "crashing the critical path" (i.e., shortening ...
The MoSCoW method is a prioritization technique used in management, business analysis, project management, and software development to reach a common understanding with stakeholders on the importance they place on the delivery of each requirement; it is also known as MoSCoW prioritization or MoSCoW analysis.
Project accounting – Is the practice of creating financial reports specifically designed to track the financial progress of projects, which can then be used by managers to aid project management. Project Cost Management A method of managing a project in real-time from the estimating stage to project control; through the use of technology cost ...
Project portfolio management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics.
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.