Project Management

A project post-mortem, also called a project retrospective, is a process for evaluating the success (or failure) of a project's ability to meet business goals. A typical post-mortem meeting begins with a restatement of the project's scope.

Padding is an extra time or cost added to an estimate because the estimator doesn't have enough information.

Curious about the difference between buffer vs padding in project mangement? Coming from a risk management background, I have always been offended and felt that little chill go down my spine when someone would ask if I had “padded” my numbers referring to my adding a contingency amount to scheduled tasks or budget items. Here is how I teach people not to replace the word “padding” with the word buffer.

User Stories are centered on the result and the benefit of the thing you're describing, whereas Use Cases can be more granular, and describe how your system will act.

Project objectives are what you plan to achieve by the end of your project.

There are six essential techniques widely used by schedulers and planning engineers to estimate activity duration and crate the network system.

Compiled below are some of the most commonly referred to project management concepts and key terms that’ll benefit you even if you’re a seasoned pro.

To deliver a project successfully, it is important to start the project with proper identification and pre-defined goal. For this, it is required to know and understand the project management terms. This article is the project management terms cheat sheet for those who are not familiar with the project management. Here, we have covered all the project management terms that you should know. So, give a good start to your project management career by reading these important project management terms.

The most common type of project report, a project status report provides a general state of the project to its stakeholders. It quantifies work performed and completed in measurable terms. It compares this with an established baseline to see if the project is on track or; if adjustments have to be made if the project is behind its schedule. It keeps everyone on the same page and manages each other’s expectations.

Introduction

One of the hardest things to do in software development is to determine how long and how much it will take to deliver a new software product. Should it be so hard? The answer is not straightforward.