Advanced Terminology

The advanced project management terminology relevant to the lifecycle of a project.

Advanced Terminology

The advanced project management terminology relevant to the lifecycle of a project.

Advanced Terminology

Project Network Diagram: What It Is & How to Make It

Project diagrams are one of the many tools managers use to turn a complicated net of tasks into a simple...

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What Is a RAID Log? Benefits, Examples & Free Template

How can you rise to a challenge if you’re not sure what the challenge is? That’s precisely where the RAID...

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What Is Fast Tracking in Project Management? (+ Expert Tips)

If you’re at risk of missing your project deadline, there are techniques you can employ to speed things up and...

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What Is Schedule Variance (SV)? Formula and Examples

Schedule variance measures one of the most important elements of a project — time. The amount of time designated to...

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What Is Cost Variance (CV)? Formula + Examples

Cost variance is a project management concept used to keep a project’s budgeted costs on track. As the budget is...

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What Are Project Controls?

If you are a project manager, time and money are not just two abstract nouns for you. These are the...

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What Is Backlog Refinement (Grooming)? 

Have you ever heard of backlog refinement? And what about backlog grooming? Are they any different?  Whether you already know...

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Earned Value Management: An Overview With Formulas

Earned value management is a performance management technique that gives you a detailed insight into a project’s current and future...

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Float in Project Management: Definition, Types, Benefits, and Examples

In project management, flexibility is the key ingredient for success.  Float is a concept that lets project managers and team...

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