The charter is the only output of the Develop Project Charter process. It is created on a business need or a customer request. The contents of a charter are the following: Brief description of the project Name of the project manager assigned Very high level project requirements Very high level milestone schedule Assumptions & constraints. [...]
All your stakeholders will need to be informed about the status of the deliverables, how the product measures up against quality standards and about the project team performance. These are reports that track how well the processes from all knowledge areas are being performed and how things are going against cost and schedule goals. Any [...]
The Project Management Information System (PMIS) refers to a system made up of technologies, procedures and people to handle cost, schedule planning, reporting, forecasting, and control of most aspects of the project. While the PMIS usually consists primarily of software, it will often interface with manual systems. Information is a valuable resource for project managers [...]
Expert Judgment is a tool that is widely used and commonly found on the PMBOK Guide’s planning processes. This method relies on the expert’s experience and his knowledge about the project’s domain to estimate the effort required to complete the tasks. This tool is used whenever the project team and the project manager do not [...]
An asset is any item of value owned by your company that can be used to generate additional benefits. Talking about project management, an asset can be all that information, documents or knowledge that a company possesses that could help on your planning. Some examples of these assets can be project plans from a previous [...]