50 Need to Know Project Management Terms & Definitions

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Ehsanuls55
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Joined: Mon Dec 23, 2024 3:28 am

50 Need to Know Project Management Terms & Definitions

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The relevance and productivity of a professional in any sector requires staying abreast of changes and evolving with the sector as it reaches higher levels. In project management, the field of project management requires this and much more, and that is why we offer you this interesting list of project management terms to help you.

AE: From Agile to Earned Value Management
Agile
Don't settle for anything different if you need a project management approach that enables real-time customer feedback at every stage of project development. Agile supports collaboration, self-organization, and scalability based on project and stakeholder needs. It breaks down large, complex products into short, manageable chunks called sprint scrums.

Agile Project Management Agile Project Management is an easily adaptable project management method manufacturing directors email list used by software developers and product managers. It breaks down a project into phases that require periodic review of tasks based on customer feedback. It brings an iterative style and flexibility to project management, focusing on customer satisfaction and collaboration.
Drag and drop any task from one column to the next to automatically update the status with ClickUp's Kanban Board view

Drag and drop any task into the next column to automatically update its status with ClickUp's Kanban Board view

Agile project planning
“This is not what I had in mind!” To avoid this type of feedback from clients, consider using the scalable project methodology that divides a project into two-week-long sprints. Who doesn’t need record-breaking delivery times with feedback, transparency, time management, and within budget ?

Blueprint
When confusion arises over the interpretation of programming terms, blame the blueprint. A blueprint is a set of related but subtly different ideas. The project management term also refers to a graphical representation of software design. It provides a condensed visual presentation of a complex project or concept.

Case study
A case study is an in-depth story about real-life problems and the application of concepts in society. You will find many anecdotes that give a practical aspect to the theoretical concepts of this project management term.

Profitability index
When evaluating a project's performance relative to budget, the cost performance index (CPI) shows whether the project is profitable. Is it on, under, or over budget? The formula is CPI = earned value (EV) / actual cost (AC).
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