Description   The PMBOK Guide (Project Management Body of Knowledge) defines project communication methods as the processes that establish, maintain, and improve communication among the project stakeholders. There are many different communication methods available to project managers, and choosing the right method(s) for a particular situation can be critical to the success of the project.  The…
Description  Co-location This is a placement strategy where project team members are physically located in one place. Its main goals are – improved communication, better team dynamics, better knowledge sharing, reduced cost of learning, and better relationships among the team members.  It is an independently-used project management tool. Where it is Used  Process Groups This tool…
Description Claims Administration Claim administration is the process of assessing, validating, negotiating, and resolving claims. It includes the preparation and submission of documentation supporting the claim. In other words, it’s the process of making sure that all claims are properly documented and resolved in a timely manner. Claim administration is an important part of project management especially…
Description There is a framework for managing changes to project plans, schedules, and allied project artifacts. It includes processes for identifying, assessing, and responding to changes. Change control tools help project managers to track and manage changes to the project. They can be used to identify which changes are required, assess the impact of those changes, and…
Description  Bottom-up estimating is a technique used to estimate the cost and effort of a project by starting with the individual tasks and working up to the total project cost (or effort). This technique is often used in conjunction with top-down estimating, which starts with the overall project cost and breaks it down into individual tasks. The most…
Description  Bidder conferences are an essential part of the project management process, providing an opportunity for potential contractors to learn about the project requirements and ask questions of the project team. The PMBOK® Guide provides guidance on how to run a successful bidder conference, from developing the agenda to conducting the meeting itself. Bidder conferences can be a…
Description Audits Audits are a critical part of any organization’s quality management system. They help ensure that products and services meet the highest standards of quality and compliance. The audits also help organizations identify areas where they can improve their processes and procedures. The Project Management Body of Knowledge (PMBOK) defines an audit as “an independent examination…
Description  Analogous Estimating Analogous estimating is a great way to quickly get an estimate for a project. This technique uses similar projects that have been completed in the past to estimate the current project. This is a common technique used in project management and is often used in conjunction with other estimation techniques. This technique can be…
