Product Scope and Project Scope Scope: The extent of what a project will produce (product scope) and the work needed to produce it (project scope). It is the sum of the products, services, and results produced in a project. It is often documented using a scope statement and a Work Breakdown Structure (WBS), which are approved by […]
Scope Creep and Gold Plating Changes are inevitable, you can’t run from changes on the project. Changes are also by nature not bad, but if we don’t manage them properly, i.e add them to the scope of the project through a proper approval cycle they may even cost you a project. Once properly evaluated and […]
Critical Path Method (CPM) It is the longest path in a project schedule network diagram. Critical path establishes the minimum project duration. Critical Path is the most popular project scheduling technique used for effective project management and refers to the series of stages that determines the minimum amount of time required for a function particularly when evaluated on […]
Risk Register and Risk Report Risk is an uncertain event that, if it occurs has a positive or negative effect on one or more project objectives Risk Register is a Log file which works as a master database of all the risks ever captured and other related information like Qualitative Analysis, Quantitative Analysis and risk […]
Effort, Duration and Schedule Understanding these three terms are very important not only for Exam reasons but to provide good and reliable estimates The effort is the number of labour units required to complete a Task. It is usually expressed in hours, days or weeks worked. Duration is the total number of work periods required to […]
Project Schedule Management (A high-level snapshot) Every resource on the project needs to know what to do and when. Without an agreed and realistic schedule, time may be wasted. The Project Schedule Management knowledge Area deals with the Activities, their durations and eventually the Schedule. Project Schedule Management Processes Plan Schedule Management (Planning) Guidance and direction […]
Project Schedule Management The expectation in Project Schedule management processes from the project manager is to give the dates when the stakeholders can expect the deliverables. It is said that if you don’t plan, you are actually planning to fail. The majority of the processes here i.e 5 out of 6 focuses on developing a […]
Defining an effective Project Schedule, is this an art or Science? Through Project Schedule Management process we are estimating the future, something we have no control over. A key responsibility of project managers is to create a practically feasible project schedule. Prior to the execution of the project, the project manager needs to identify an […]
Project Scope management consists of the process of defining the required work and making sure all the tasks are competently completed on time. A scope management plan must include a thorough procedure of scope determination, supervision, and control. For this purpose, the project manager seeks endorsement on a well-defined and evidently articulated scope. To identify […]