Project Time Management Methodologies
Posted by Philip Baskerville in Mar, 2017
What are Project Time management methodologies? Project Managers and their teams use time management methodologies to ensure that time is used more productively. These methodologies ensure work tasks and resource allocation are planned efficiently (relative to available time) and that progress on a project is ordered and systematic. Two common methodologies are the GTD […]
Category: BSBPMG512
Project Baseline
Posted by Andrew M Cowan in Mar, 2017
What is Project baseline? Project baselines are created during the initiation/planning phases of a project. They are included in the original plans agreed for the project by parties with a stake hold in it (including the project team). The Project Manager and project sponsor must both normally approve project baselines. The type and […]
Category: BSBPMG512
Project Resource Effort
Posted by Andrew M Cowan in Mar, 2017
What is Project Resource effort? Resource effort is the quantified amount of effort that is allocated for each resource involved in a project. Estimating the resource effort required is not an exact science, but there are a number of steps that can be followed to make it as accurate as possible. Estimating resource effort […]
Category: BSBPMG512
Critical path
Posted by Andrew M Cowan in Mar, 2017
Critical path What is Critical Path? The critical path is the path of sequential tasks on a project that, collectively, takes the longest time to complete. A project typically has lots of tasks. Some are flexible in terms of scheduling and can be done at any time between two set dates. Others cannot start […]
Category: BSBPMG512
Project Estimation techniques
Posted by SkillMaker in Feb, 2017
What are Project Estimation techniques? Accurately estimating the cost, time and resources needed on a project can be one of the Project Manager’s most the difficult tasks. This is because nearly all projects contain some degree of uncertainty — some more than others. Planning for these uncertainties, and estimating them, represents varying degrees of risk. […]
Category: BSBPMG512
Project Baseline Variance
Posted by SkillMaker in Jan, 2017
What is Project Baseline Variance? A project baseline is a collection of base data or values for a project. Typically, this will include the planned budget, the original start and finish dates for a project and the expected effort (e.g. number of hours). For analysis of baseline variances to be meaningful, baseline values need […]
Category: BSBPMG512
Project schedule
Posted by SkillMaker in Jan, 2017
What is a Project schedule? A project schedule details the breakdown of a project’s activities and deliverables (and milestones) in terms of the time they will take. Preparing a schedule means knowing, firstly, what the work elements are (derived from the Statement of Scope and the Work Breakdown Structure). Then, for each activity, time […]
Category: BSBPMG512
Project Progress Reports
Posted by SkillMaker in Jan, 2017
What is a Project Progress Report? Project progress (or status) reports are just that: reports that detail progress that has been made on a project. They typically outline what work has been finished, what milestones have been met (or not), what difficulties have been met (including new risks), and what costs and man hour […]
Category: BSBPMG512
Project time management
Posted by SkillMaker in Jan, 2017
What is Project time management? Managing time is a core project management activity. It involves a series of steps, and the use of a number of tools and procedures, all geared to ensuring that a project meets set times for completion. Timing goals are set during a project’s planning phase and monitored continually […]
Category: BSBPMG512
Project deliverables
Posted by SkillMaker in Jan, 2017
What are Project deliverables? Project deliverables are the tangible or intellectual outputs produced during the course of a project for the client (or other project stakeholders). In the case of a civil engineering project, it might be a completed road or a technical specification; in the case of an information technology project, it might be […]
Category: BSBPMG512