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Project Management: Tools and Trade-offs Ted Klastorin
Publisher: Wiley

These three aspects highlight one of the primary functions of project management: balancing the trade- offs between time, cost and performance while ultimately satisfying the customer. Project Management Project management is the application of knowledge, skill, tools and techniques to project activities to meet project requirement. Project Management Tools of the Trade. According to Joseph Stiglitze (1999:1) Development is the transformation of society, a movement from traditional relations, ways of thinking and methods of production to more modern ways. MBA Help - Project Management - Time-Cost Trade-offs - As discussed above, most projects and tasks will have a trade off relationship between the time taken to complete a task and the cost of said task. Stakeholders, consultants and project managers have all made up their personal opinion about the ultimate causes of failure of IT projects. Evaluating Project Tradeoffs: Some Guidelines for Success. Anyone familiar Labels: constraint, course, customer-experience, people, pmi-project-management-institute, principles, project-cost, satisfaction, tools. Understanding of project management framework such as PMBOK; Understanding trade-offs between time, cost, quality and scope. Thursday, April 12th, 2012 at 4:02 PM. Along that journey, project management involves balancing tradeoffs between cost, time, and scope. Sound knowledge of project planning. Project work consists of several stages commonly . Ability to produce and review business cases. The trade-off table helps the team capture the critical factors associated with each design alternative under consideration, and allows them to compare the impact of various combinations on the project's cost, schedule, resources, and risk. This file provides several different formats for recording key decisions in various contexts, as well as tips for using features in common project management and collaboration tools to maintain this critical piece of project history. Technical Project Manager / Interactive -110K – Skilled at project scheduling and can analyze progress and trade-offs in time, scope, or budget.