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...oject is unique and its success depends on various product development and management processes vital for the current rapidly changing business environment. With ...for managing effectively the complexity derived from project and portfolio management processes. The article comes along with a detailed analysis on product modu

The article handles the topic of Lean Management within Project Management with a focus on the Relay Racer theory. As Lean has been in important in Ma ...ay Racer Theory which is crucial for eliminating waste within Lean Project Management such as wrong understood requirements and approval delays. Finally, the app

...evelopment progress, the decision making process in the frame of portfolio management and also the design for manufacturability at LEGO. The relation of the orga ...ct implementation and the commercialization of the product. This portfolio management approach is a significant tool to support the project prioritization and ea

... ways. It comprehends all parts of the organization: the overall Portfolio management point of view, the programs developed into a company and finally, the indiv ...racteristics of both methodologies, from the 7 waste tool for Lean project management to the Define-Measure-Analyse-Improve-Control(DMAIC) system from Six Sigma.

...ect management. It is one of the most accepted and used methods in project management due to the fact that it can be applied to any project regardless of project ...hrough the project lifecycle. Being a process model of approaching project management, PRINCE2 has a series of activities that are required to direct, manage and

...n-Wesley.</ref>. Most emphasize is given to resources, control and process management in order to fully optimize costs, schedules and quality <ref name="IBM (200 * Project Management Discipline

Work Breakdown Structure (WBS) is a tool used in project management context that separates in different levels of details a deliverable-oriente ...ton, Robert T. Fried Work Breakdown Structures: The Foundation for Project Management Excellence, Wiley, 2010</ref> . As understandable, most of NASA projects in

...methods and tools for ensuring the success of the development in a project management, still a large number of construction projects experience failure or critic ...1975), Managing Strategic Surprise by Response to Weak Signals, California Management</ref> as “…imprecise early indications about impending impactful events

...ill be provided to gain a deep understanding and will describe the project management simulation the class participated in. ... knows the tasks and responsibilities of one another, either due to a poor management, to an unusual project, to when teams are allowed to self-organize, etc.

...advantages and applicability of the method. CPM is a step-by-step project management method for process planning. CPM was developed in 1956 by the E.I. du Pont CPM is one of the fundamental concepts in traditional project management. CPM utilizes tasks duration as the parameter for optimization of the sched

...nagement”, that for the ease of reading, only will be denoted “project management” in the remainder of the article. ... contemporary movements within the area of project, program, and portfolio management. Its definition of complexity, the section about mindfulness, and its menti

...epresented through a great tool that is utilized by many different project management, agile and even Six Sigma disciplines is the Ishikawa or fishbone diagram. <ref name="Fishbone">,© City Process Management 2008 , ''Cause and Effect Analysis using the Ishikawa Fishbone'',web:http:/

...nge management strategies and operational procedures. Further, the project management experience handling project changes are limited. ...me. Handling such a challenge efficiently calls for a clear project change management strategy and agile handling of the project change.

...sting or potential risks. To enhance the effectiveness of the project risk management methodology and its processes a root cause analysis and its corrective acti ...he international risk regulation <ref name="Dr David Hillson">Project Risk Management,Future Developments by Dr David Hillson(2011)</ref> had already began.

...e in project management. Despite the benefits, the use of BIM as a project management tool is still in the early stages of development, and there are still many ...me="smartfin">buildingSMART Finland 2012, “Common BIM Requirements 2012: Management of BIM projects"</ref>.

[[Category:Project Management]][[Category:Scheduling]][[Category:Uncertainty]][[Category:Theory of Constr Critical Chain Project Management(CCPM) is a method to plan, execute, manage, and control both single and mul

...or organizations that seek to implement changes in order to increase their performance. Adding to that, organizations are constantly striving to find new opportun ...i/Performance_indicator ''indicators''] that companies use to assess their performance during the process of benchmarking. These indicators, mainly focus on the a

... the way project managers handled project. Therefore in 2001 the executive management in Novo Nordisk decided to initiated a project with the purpose of making a Each phase in the PEM model has a gate, where line management, portfolio manager, project owner, steering group and project sponsor (all

...n. It is just the opposite. It takes mindful variety to assure stable high performance. The learnings and techniques from the HRO’s can be implemented in projec Project, Program and Portfolio managers are familiar with many project management tools and they are able to define project time, costs, risks, stakeholders

...ed in the course 42433 Advanced Engineering Project, Program and Portfolio Management at the Technical University of Denmark in Autumn 2015. ... proposed by Ralph Douglas Stacey. It gives the possibility to distinguish management decisions and deal with [[Complexity]] and [[Uncertainty]] in organization