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AGILE METHODOLOGY#1
A flexible project management approach focusing on iterative development and collaboration, commonly used in software development.
PROJECT LIFECYCLE#2
The series of phases a project goes through, from initiation to closure, ensuring organized management and execution.
STAKEHOLDER#3
Any individual or group with an interest in the project, including clients, team members, and sponsors.
RISK MANAGEMENT#4
The process of identifying, assessing, and mitigating risks that could impact project success.
RESOURCE ALLOCATION#5
The distribution of available resources among various tasks to optimize project efficiency and effectiveness.
WORK BREAKDOWN STRUCTURE (WBS)#6
A hierarchical decomposition of a project into smaller, manageable components or tasks.
GANTT CHART#7
A visual representation of a project schedule, showing tasks along a timeline to track progress.
PROJECT CHARTER#8
A document that formally authorizes a project, outlining objectives, scope, and stakeholders.
MILESTONES#9
Significant points or events in a project timeline that indicate progress and completion of key phases.
CONTINGENCY PLAN#10
A strategy developed to address potential risks and unforeseen issues during a project.
QUALITATIVE RISK ASSESSMENT#11
Evaluating risks based on their impact and likelihood using subjective judgment.
QUANTITATIVE RISK ASSESSMENT#12
The numerical analysis of the probability and impact of risks, often using statistical methods.
PROJECT EVALUATION#13
The process of assessing a project's performance and outcomes against established criteria.
LESSONS LEARNED#14
Insights gained from the project experience, used to improve future project management practices.
RESOURCE MANAGEMENT PLAN#15
A document outlining how resources will be allocated, managed, and monitored throughout the project.
COMMUNICATION PLAN#16
A strategy for how project information will be shared with stakeholders, including frequency and channels.
SCOPE CREEP#17
The uncontrolled expansion of project scope without adjustments to time, cost, and resources.
TEAM MEETINGS#18
Regular gatherings of project team members to discuss progress, challenges, and next steps.
KEY PERFORMANCE INDICATORS (KPIs)#19
Metrics used to evaluate the success of a project in achieving its objectives.
AGILE VS. WATERFALL#20
Two project management methodologies; Agile is iterative, while Waterfall is sequential and linear.
INITIATION PHASE#21
The first phase of the project lifecycle, focusing on defining the project and obtaining authorization.
CLOSURE PHASE#22
The final phase of the project lifecycle, involving completion, evaluation, and formal closure.
PROJECT DELIVERABLES#23
Specific outputs or results that must be completed and delivered at the end of a project phase.
RISK IDENTIFICATION TECHNIQUES#24
Methods used to identify potential risks, including brainstorming and checklists.
STAKEHOLDER ANALYSIS#25
The process of identifying stakeholders and assessing their influence and interests in the project.