Definition of Program Management (#1 in the series Foundations, Frameworks and Lessons Learned in Program Management) By Robert Prieto Program Management is the process of providing execution certainty to meet the strategic business objectives...
The Define Phase By Josh Milane Every major PM methodology that I am aware of: PMI (Initiation and Planning phases), Prince2 (Starting, Initiating and Planning), RUP (the Rational Unified Process calls it “Inception“) and...
Activity (PERT) Chart By SmartDraw.com Activity Network and PERT charts are a way of documenting and analyzing the tasks in a project. The term PERT actually stands for “Project Evaluation and Review Technique”, and...
Project & Program (definition) By Jill Hurst-Wahl I often find myself defining these two words during a workshop and trying to make a distinction between the two. We talk about digitization projects as well...
Devil’s Triangle of Project Management By Karim Vaes Say what? One of the basic principles I’ve learned during college about Project Management is the concept of the “Devil’s Triangle”. Although it’s a very simple...
What Is Estimate? – Estimate is an assessment of the likely quantitative result. Usually applied to project costs and durations and should always include some indication of accuracy (e.g., ± x percent). Usually used...
What Is Equivalent Activity? – Equivalent Activity is an activity that is equivalent, in the probabilistic sense, to any combination of series and parallel activities. For all Project Management Definitions, check the PMO and...
What Is Environmental Factoring? – Environmental Factoring is the use of data relating to an external factor (such as the weather) to modify or bias the value of parameters concerned. For all Project Management...
What Is End Event (of a project)? – End Event (of a project) is an event with proceeding, but no succeeding activities. Note: there may be more than one end event. For all Project...
What Is Effort-driven Activity? – Effort-driven Activity is an activity whose duration is governed by resource usage and availability. The resource requiring the greatest time to complete the specified amount of work on the...
