Scope Management Plan

Scope Management Plan

Scope Management Plan A scope management plan is a document that explains how the scope of a project will be defined, developed, monitored, controlled, and validated. The scope management plan is an important part of the project management plan, which gives an overview of how the project is going to be run. Usually, the following parts make…

Self-Organizing Team

Self-Organizing Team

Self-Organizing Team A self-organizing team is a group of people who work together to reach a common goal and have the freedom and responsibility to manage their own work processes and make decisions as a group, without needing constant supervision or micromanagement from a leader or manager. Self-organizing teams are a fundamental part of Agile methods like…

Servant Leadership

Servant Leadership

Servant Leadership Servant leadership is a way of leading that puts more emphasis on the needs of the team members than on the leader’s own goals or interests. The servant leader puts the growth, well-being, and development of their team members at the top of their list of priorities. They also create a supportive and empowering environment…

Single-Point Estimating

Single-Point Estimating

Single-Point Esimating Single point estimating is a technique used in project management to estimate the duration, effort, or cost of a task or project using a single, fixed value. This method involves making an estimate based on historical data or expert judgment, without considering any variations or uncertainties that may affect the estimate. Single-point estimating is simple…

Stakeholder Register

Stakeholder Register

Stakeholder Register A stakeholder Register is a document that details the people and groups with a vested interest in the outcome of the endeavor. Specifics such as the stakeholders’ names, titles, areas of expertise, places of interest, and preferred methods of contact are commonplace in such a document. Stakeholders are identified, analyzed, and prioritized in order to…

Acceptance Criteria

Acceptance Criteria

Acceptance Criteria Acceptance criteria are a list of requirements or conditions that a project’s deliverable or output must meet for the client, customer, or stakeholders to accept or approve it. They list the specific features, functions, and characteristics that the deliverable must have in order to be considered complete and satisfactory. Acceptance criteria are usually set up…

Adaptive Approach

Adaptive Approach

Adaptive Approach An adaptive approach, also called adaptive project management or adaptive methodology, is a flexible and iterative way to manage projects that focuses on learning, changing, and working together all the time. Adaptive approaches are especially helpful when project requirements are unclear or likely to change, or when the project team needs to react quickly to…

Actual Cost (AC)

Actual Cost (AC)

Actual Cost (AC) Actual Cost (AC) is a project management number that shows how much the work on a project has actually cost up to a certain point in time. The AC is a key part of the earned value management (EVM) method, which is a way to measure the success of a project based on how…