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Design structure matrix is a simple, compact and visual representation of a system or project in the form of a matrix. It is the equivalent of an adjacency matrix in graph theory, and is used in project management to model the structure of complex systems or processes, in order to perform system analysis, project planning and organization design.
Monitoring includes the continuous assessment of programmes based on early detailed information on the progress or delay of the ongoing assessed activities. [1] Evaluation involves the examination of the relevance, effectiveness, efficiency and impact of activities in the light of specified objectives.
Given the Federal budget deficit, the Obama Administration moved to apply an "evidence-based approach" to government spending, including rigorous methods of program evaluation. The President's 2011 Budget earmarked funding for 19 government program evaluations for agencies such as the Department of Education and the United States Agency for ...
The methodological process used to collect and organize project information can match normalized methodologies such as PRINCE2.. A PMIS Software supports all Project management knowledge areas such as Integration Management, Project Scope Management, Project Time Management, Project Cost Management, Project Quality Management, Project Human Resource Management, Project Communications ...
Large projects usually need to use quantitative forecasts associated with earned value management. [7] Although deliverables in these large projects can use adaptive development methods, the forecasting metrics found in earned value management are mostly used in projects using the predictive approach. [7]
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.
Product-based planning is a structured approach to project management, based on identifying all of the products (project deliverables) that contribute to achieving the project objectives. As such, it defines a successful project as output-oriented rather than activity- or task-oriented. [ 35 ]
Critical path method – (CPM) is a mathematically based modeling technique for scheduling a set of project activities, used in project management. Earned value management – (EVM) is a project management technique for measuring project progress in an objective manner, with a combination of measuring scope, schedule, and cost in a single ...
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