3-point estimation and the PERT formula are two methods that can be used to estimate the completion time of a project. This can be tricky to understand, so we have included several examples of PERT formulas below. Firstly… The 3-point approach uses an average calculation in which values can be expressed as:...
A stakeholder register is a document that contains all of the information related to stakeholders and their interests. The purpose of this document is to help identify and manage risks before they become problems. Having a comprehensive stakeholder register is one of the most important things to create when working...
T-shirt sizing agile is a relative estimation technique. It tracks and estimates how much time or effort an epic/feature/task would be expected to take. It is my go-to agile estimation tool when a product owner wants to assess the size of their product backlog quickly or when attending agile portfolio...
Several documents are required to help ensure they are completed during the project creation and management. Roles and responsibilities templates are among them. Whether the document is meant to be part of your job description, an employee training manual, or as part of a project documentation process, having a roles...
In project management, the Swag estimate is a rough estimate of the amount of work that needs to be done to complete a project. This estimate is typically made during the early stages of a project when there is still a lot of uncertainty about the scope and requirements. This...
A lose-lose situation occurs when both parties lose instead of one winning and the other losing. There are many different types of lose-lose situations, but they all boil down to the same basic idea: two people or groups get nothing. This can have long-term adverse effects in the workplace, as...
In project management, quality metrics measure a project’s success in meeting its goals. Various quality metrics can be used, and the choice of metric will depend on the project’s specific goals. Standard quality metrics include customer satisfaction, cycle time, failure rate, quality control, defect density, etc. Each metric measures something...
A PESTLE analysis template is a tool that enables you to understand how some elements might affect your business. PESTLE stands for Political, Economic, Social, Technological, Legal, and Environmental factors. They are external factors that represent threats and opportunities to your organization. PESTLE Analysis VS SWOT Analysis PESTLE analysis focuses...
The salience model is a cognitive model that explains how stakeholders prioritize and process information. The salience model (Mitchell 1997) posits that stakeholders focus on the most salient or essential information at the time. This can be due to various factors, including relevance to the stakeholder’s goals or concerns, emotional...
We created this free PMI-ACP practice exam while preparing to pass the PMI-ACP ourselves. The test PMI-ACP questions played a critical role in my passing the exam, and I recommend you keep a question bank yourself while studying to go back the night before the exam. Trust me, you cannot...
A release note template is a technical document made and shared when a new software product or an update to an existing software product is released. It usually contains information about recent updates, new features, and bug fixes. It quickly summarizes the exact changes made in a product update or...
A value stream map visualizes the steps needed to transform a request into a service or a good. It shows a product’s path of production, starting with a supplier and ending with a customer. VSM VS Process Map Value stream amp provides an overview of the delivery of your organizational...
Passing the CAPM with specific CAPM Practice Exams will triple any exam takers’ chances. We have gathered a list of 5,017 questions that you can practice for free. The more questions you review, the better. What helps, though, is practice exams, so try to do as many as possible. When...
An empathy map is a simple diagram summarising information about a user’s actions and emotions. It is a helpful tool that enables teams to comprehend their users fully. To create empathy for end users, stakeholders, marketing and sales, product development, or creative teams might participate in a simple workshop exercise...
Fishbowl window facilitation is a technique for project management that helps team members resolve conflicts and move forward with the project. This technique can be used in a variety of situations and can be customized to fit the team’s specific needs. Fishbowl window sessions are a project management technique for...
A test plan template is a document that describes how testing will be done, what will be tested, for how long, how much it will cost, what results can be expected, and what resources will be needed. The test plan determines how much work needs to be done to ensure...
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