XX There are several pieces of information that are not clear or are not necessary to be available with clarity while we go through the project. We assume and progress. In most cases, it is done at the beginning of the project where we outline the basic assumptions and as we dive into the project we keep…
Technical Performance Measures (TPM) Technical Performance Measures (TPMs) are metrics used in project management to keep track of the technical parts of a project. They are used to measure how well the technical parts of a project, like software development, system design, and hardware engineering, work. TPMs are used to make sure a project is on the…
Wideband Delphi Wideband Delphi is a method of group facilitation used in project management to help teams agree on issues or estimates related to the project. It is a planned method in which a group of experts give their separate thoughts on a certain topic or issue, followed by a guided discussion to come to a decision….
Risk Report A risk report is a document that tells you everything you need to know about the risks of a project, activity, or decision. Usually, the report has a detailed analysis of the possible risks, how likely they are to happen, and how they might affect the project or organisation. The purpose of a risk report…
Risk Transference Risk transference is a type of risk management that involves giving the risk of a certain activity or project to someone else, like an insurance company, a contractor, or a vendor. The goal of risk transference is to put the financial burden of managing a risk on someone else. In risk transference, the organisation that…
Roadmap A roadmap is a high-level strategic plan that shows a company or organization’s goals, initiatives, and plans for reaching those goals over a certain time period. It is a picture of the strategic direction of the company and a plan for how to get there. Roadmaps can be used in many different ways, such as for…
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…
Schedule Baseline A schedule baseline in project management is a project schedule that has been approved and agreed upon by everyone involved. It gives a starting point for measuring and keeping track of the project’s actual progress. The schedule baseline shows when all project tasks are supposed to start and end, as well as the critical path…
