Description  Used to elicit product requirements, this method uses people to choose one of many alternatives. It is decided on the basis of unanimity (everyone agrees), a majority (more than 50% people agree), or plurality (most people agree). It belongs to the tool category – Decision making  Where it is Used  Process Groups This tool is used…
Description  It is an organized investigation to check the quality of the product or service. It is part of Quality Management used for controlling quality during the Monitoring and Controlling phase. It is an independently-used project management tool. Where it is Used  Process Groups This tool is used in the following Process Group(s) during the…
Description  Schedule Compression A technique used to shorten the duration of the schedule while not compromising the scope of the project. There are two popular methods to compress the schedule. 1. Crashing2. Fast Tracking CRASHING  What dod we do in crashing? Crashing  We add more people to get the work done. But the caveat here is that we…
Description  SWOT Analysis The technique that analyzes the project, option, or an organization from the following 4 sides. 1. Strengths (S)  It includes the areas in which the organization or project is very good. 2. Weaknesses (W)  These are the areas where the organization or the project suffers. 3. Opportunities (O)  These are the avenues where…
Description  Rolling Wave Planning A scheduling technique where the work in the near term is planned in detail and the future assignments are planned at a high level. It is an adaptive development approach.  AGILE It is popular in the Agile approach where a backlog of tasks related to user requirements is available and each time some of them…
Description Risk Data Quality Assessment It is a technique used in project management to assess the usefulness of the information available to manage the risk. Not all the information gathered during risk identification is useful. So the quality of risk information collected plays a key role in the success of the project and hence the project manager should…
Description  Resource Optimization A technique to adjust the start and finish dates of activities so that the planned resources will be less than or equal to the available resources. It is used in Schedule Management during the Planning, and Monitoring & Controlling phases of the project.  It is an independently-used project management tool.  Where…
Description  It deals with the job of finding solutions to the issues and challenges by gathering information, doing critical thinking, and using quantitative & logical approaches. It is mainly used in Resource Management and Quality Management. In Resourcement Management, it is mainly a leadership skill. In Quality Management, it is the key element in Quality Assurance…
