In Project Time Management‘s 5th process, which is the Estimate Activity Durations process, the duration of the activities is estimated based on a certain estimation technique. According to project management professional certification training, the estimation technique should be chosen regarding the project’s complexity and also its other aspects. In other words, one estimation technique may be […]
Tag: time management
6 Benefits of Network Diagrams
In the Sequence Activities process of Project Time Management, the major output is a Network Diagram. But what is a Network Diagram? In the online PMP training, its purpose is explained as “visualizing the project activities in boxes with the activity IDs and showing the interrelationship of activities with arrows”. Network diagrams tell if an […]
7 Processes of PMP Time Management Knowledge Area
PMP Time Management Knowledge Area is the third project management knowledge area coming after Scope Management. While working on your PMP study plan, you will notice that PMP Time Management is an important knowledge area. According to project management professional training, it mainly deals with the relationship of the activities, start and end dates of the […]
2 Techniques for Schedule Compression: Fast Tracking & Crashing
No matter how well you plan a project, actual results will differ from what you have planned. In terms of schedule, the actual durations of tasks can take longer than planned. In order to meet the project deadline, you need to take corrective actions to get back on track and these are called schedule compression […]
What is the Relation Between Reserve Analysis and Risk Management?
In project management, there are always risks. According to PMI Certification Training, even if a solid Risk Management is applied, there might still be extra costs or time needs, during the project. Reserve analysis helps to analyze the reserves of a project. How does the reserve analysis help to reach the project goals? What are […]