Communication Skills Tools
Description
There are 4 important tools in this category of tools. They the concern with the transfer of information among the stakeholders.
There are 4 important tools in this category of tools. They the concern with the transfer of information among the stakeholders.
Kailash B is a project management expert. He is passionate about helping people to excel in project and product management, become PMP certified, and progress in their management careers.
Knowledge Areas There are 10 Knowledge Areas as per the PMBOK guide. Project Integration Management Develop Project Charter Develop Project Management Plan Direct and Manage Project Work Manage Project Knowledge Monitor and Control Project Work Perform Integrated Change Control Close Project or Phase Project Scope Management Plan Scope Management Collect Requirements Define Scope Create WBS Validate…
Tolerance In project management, tolerance is the amount of change or deviation from a specific goal, target, or plan that is okay. During the planning phase, the project team and the people who have a stake in the project talk about and agree on the project’s tolerance. Tolerance is an important idea in project management because it…
Description This technique is mostly used in quantitative risk analysis where the project duration, cost, resource requirement, and scope are uncertain for a planned activity. The variables are generally presented as the ranges of values and plotted as a probability distribution graph for analysis. It is an independently-used project management tool. Where it is Used Process Groups This…
Schedule (Project Schedule) In project management, a project schedule is a document that outlines the sequence of activities required to complete a project. The project schedule is a key component of the project plan and is used to manage project timelines, resources, and costs. A project schedule typically includes the following components: List of Activities: A comprehensive…
Cycle Time Cycle time is the amount of time it takes to finish one cycle of a process. This can be a business process or a manufacturing process. It is the amount of time between the start of one process cycle and the start of the next cycle. You can figure out the cycle time by dividing…
Probability and Impact Mtrix A Probability and Impact Matrix is a tool used in risk management to rank risks by how likely they are to happen and how bad they could be for a project or organization. A Risk Matrix is another name for it. The Probability and Impact Matrix is usually shown as a two-dimensional grid….