Document What is a Business Case? Imagine you want a new toy, like a really cool, super fast RC car, but you need more money to buy it. You think your parents might be able to get it for you, but first, you need to convince them why they should. So, you create a plan or
Tools What is a Project Charter? A Project Charter is an essential document in project management. It's like a contract or a map for the project, and it's usually created at the beginning, during the initiation phase. Here's what a Project Charter usually includes: * Project Purpose or Justification: This is
Methods What happens in the Initiation phase? Think about the initiation phase using the treehouse example. In this phase, project managers go through several steps to help with the planning phase. These steps include: * Idea Generation and Project Selection: The first thing you decide is that you want to build a treehouse. You might have other ideas,
Methods What are project phases? Just like how you might break up a big job like cleaning your room into smaller tasks, project managers break up big projects into smaller parts called "phases". Each phase has specific tasks that need to be done. Here are the typical phases of a project: * Initiation: This
Concept What is the Six Constraints Model? The Six Constraints Model is a more holistic approach to project management, considering a broader range of factors that can influence the success of a project. The concept of expanding the traditional Iron Triangle (or Triple Constraint) of project management to include more elements has been around for some time
Concept Is the customer always right in project management? The phrase "the customer is always right" is a popular saying in the business world, emphasizing the importance of customer satisfaction. And it's true that customer satisfaction is a key goal in any business or project. In project management, meeting the needs and expectations of the
Concept Are there "Iron Triangle" variations? Absolutely! The Iron Triangle of project management, also known as the Triple Constraint, has been expanded to include other crucial aspects of project management that must be balanced along with scope, time, and cost. Here are a couple of common variations: * Project Management Diamond: This model adds "Quality"
Concept Are there tools for managing project risks? Yes, there are tools for managing and tracking project risks! Just like you might use crayons, pencils, or markers to create beautiful drawings, project managers also use specific tools to help them manage risks. Here are a few: * Risk Register: This is a document where project managers list all the
Concept What is risk management? Think about when you want to cross the street. You don't just run across, right? You look both ways to make sure no cars are coming. That's because there's a risk - something terrible that could happen - if you don't look
Tools What is a WBS? Let's say you want to make a beautiful drawing for your whole wall. That's a pretty big task. So, to make it easier, you might break it down into smaller parts. First, you might draw the sky, then you'd draw the trees, then the
Tools What is Three-point estimation? Three-point estimation is a technique used in project management to estimate the time or cost of a task. It's very similar to the PERT method. The three points in three-point estimation are the same: * Optimistic Estimate (O): The best-case scenario where everything goes perfectly. * Pessimistic Estimate (P): The
Tools What is "PERT" estimation? PERT stands for Program Evaluation and Review Technique. It's a tool often used in project management to estimate how much time a task might take. It's handy when the job is complex and it's hard to make an exact estimate. The idea of PERT
Methods How do you know how long a task will take? Estimating how long a task will take can be one of the most challenging parts of project management. There are a few ways a project manager might do this: * Experience: If the project manager or the team members have done similar tasks before, they can use their past experience to
Methods How does a project manager make sure all the work on a project gets done? Project managers use several tools and techniques to ensure all the work gets done. Here's a simplified explanation of some of them: Planning Before they start any work, project managers create a plan. They list out all the tasks that need to be done (the scope), how long
Concept Why is time crucial in project management? Time is crucial in project management for a few reasons. Schedules Think about school. You have certain times for different classes. Math might be at 10 a.m., and English at 11 a.m. If math class started late, it would make English class start late too, which could mess
Concept What does Cost mean? 'Cost' is the amount of money that you need to spend to do something. Let's think about our Lego castle. When we talk about the 'cost' of the Lego castle, we would think about the following: 1. How much money do we need to
Concept What does Scope mean? When talking about 'scope' in project management, we're talking about what exactly needs to be done to finish the project. It's a list of all the work, tasks, or things that need to happen. Let's go back to our Lego castle example.
Concept What is the Iron Triangle? The "Iron Triangle" is a concept in project management. It's called a triangle because it has three sides, right? In project management, these three sides represent three essential things: cost, time, and scope. Let's understand these. 1. Cost: Just like when you want to
Methods What is project management? Imagine you're building a big Lego castle. You can't just start sticking Legos together randomly. You'd need a plan.
Role What is a Project Manager? Imagine you and your friends are building a big cardboard castle together. It's a massive project with lots of different parts: some people need to paint the castle walls, others need to cut out windows, and some need to find cardboard tubes to make the towers. A Project
Role What is a Business Analyst? A business analyst is like a toy expert. Their job is to help people understand and make decisions about important things, just like you might want help friends figure out which toys are the best.
