In each organization problems are going to come up and a project is going to be created to help resolve this issue. Each project is unique and there are going to be different techniques a project manager can use to ensure a successful completion. We have complied a list of some basic techniques project managers use throughout the timeline based on the PMBOK® Guide—Fourth Edition.
- Assumptions Analysis — Exploring the accuracy of assumptions and identifying risks to the project
- Brainstorming — Gathering general data and promoting creativity to identify risks, ideas, and solutions
- Cost of Quality (COQ) — Determining the costs required to ensure quality
- Crashing — Compressing a schedule by decreasing the total duration through reducing activity durations or increasing assignments of resources
- Critical Chain Method – Modifying schedule time to make up for limited resources
- Decomposition – Dividing the project scope and project deliverables into smaller components
- Earned Value Technique (EVT) – Measuring the performance of work
- Expert Judgment — Findings from experts in certain areas (industries, disciplines, educations, etc.)
- Fast Tracking — Overlapping phases that would typically be done sequence
- Portfolio Management — Centralizing the management of one or more portfolios to achieve a specific purpose
- Progressive Elaboration — As details become available, improving a plan to produce more accurate strategies
- Risk Acceptance — Team decides to not change the plan to deal with a risk
- Risk Avoidance — Protecting a project from impact of risk
- Risk Mitigation — Reducing the probability that a risk will occur or affect a project
- Schedule Compression — Decreasing the project schedule without altering the project scope
Related Courses
PMP® Exam Prep Boot Camp
Guided PMP® Exam Prep
PMP® Exam Prep Practice Kit
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