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  • ...P, is one of many multi-criteria decision making tool. It can be used both project, program and portfolio management as many decisions has to be made. AHP is ...ding the same framework for every decision made. This also goes for larger project organizations, where the tools can be used as a way of directing all the de
    17 KB (2,637 words) - 12:45, 18 December 2018
  • ...ions, the cost competitiveness will decrease. Product rationalization is a project that is initiated when the product portfolio has become too complex. Throug ... how to ensure that benefits are captured. The progress and success of the project are managed with KPIs.
    33 KB (4,703 words) - 12:44, 18 December 2018
  • ... and managing projects. The focus is on the project schedule and to reduce project changes and cost overruns by taking into account resource allocations and t ...d durations of activities. The method can assist organizations to maximise project performances, which can lead to increased profit.
    41 KB (6,367 words) - 17:31, 19 February 2023
  • ...older satisfaction is a main factor in a project success. Therefore, for a project manager is vital to have the satisfaction of the different stakeholders und Stakeholder satisfaction is impacted by multiple factors during a project and it can be hard to directly manage it. However, it can be improved by un
    29 KB (4,375 words) - 14:04, 18 December 2018
  • ...ls for any decision in Project Portfolio Management, so as to optimize the project portfolio in terms of expected return for the different values (e.g. money, A project portfolio is optimized by evaluating a multi-objective ranking based on (1)
    26 KB (4,014 words) - 14:12, 18 December 2018
  • ... <ref> A Guide to the Project Management Body of Knowledge, Fifth edition, Project Management Institute </ref> Traditionally, in order to manage a project, the sequential methods were largely used. According to these models, all t
    28 KB (4,298 words) - 14:07, 18 December 2018
  • ... of the different parameters of the project such as the added value of the project when selecting which projects to run. Hence, the Risk-Reward Bubble Diagram ...ants, are now formed within the graph determining the desirability of each project. Projects in the quadrant yielding high value and high ease of completion a
    22 KB (3,483 words) - 14:09, 18 December 2018
  • ...available capacity (man hours, budget) and project diversity (at least one project in every category). The decision variables will be which projects to initia ...propose scoring models as a good tool for evaluating portfolio components (Project proposals). The method is a MCDA. Each component is evaluated by a number o
    20 KB (3,072 words) - 12:45, 18 December 2018
  • ...ess are related to the balance of the portfolio, the cyclic evaluation and prioritization as well as to the tactical resource allocation.<ref name="rui" /> ...ed as a connecting element between qualitative strategy definition and the project-based implementation. The IPM is seperated into a strategic and operational
    38 KB (5,626 words) - 14:08, 18 December 2018
  • ...gested that a process manager should be assigned to any given construction project, and whom would have a vital role for its success. ...y is the main concept in Lean Construction which connects the construction project to production ideas. A discussion of the wording behind “TFV” have occu
    22 KB (3,441 words) - 14:08, 18 December 2018
  • In project management, there exists a tight connection between results and resources o Is critical to have a planned approach in RA to manage a project portfolio effectively. Being able to allocate
    18 KB (2,690 words) - 12:47, 18 December 2018
  • ...ment need to identify what types of risk may influence particular stage of project. Furthermore, the management have to analyze and prioritize risks in terms ...ource of risks or risk treatments based on its probability and impact on a project. <ref name="ISO10"> [''Risk Management - Risk assessment techniques''] ''Da
    19 KB (2,943 words) - 12:36, 18 December 2018
  • ...nagement to making decision, especially to display balance in new product project portfolios. ...ently focusing on the triple constraint (scope, time, cost) of the single project separate from other projects. <ref name="coo1" />
    19 KB (3,038 words) - 18:41, 19 September 2016
  • ...nagement to making decision, especially to display balance in new product project portfolios. ...traint in a traditional project management: scope , time, cost additional project <ref name="picc" /> ]]
    23 KB (3,608 words) - 13:07, 18 December 2018
  • ...ccessful in a large number of actors. Its main difference from traditional Project Management techniques is that excess multitasking is avoided and focus is s ...’s third book, named “Critical Chain” (1997), it was introduced into Project Management.<ref>http://www.wseas.us/e-library/conferences/2011/Barcelona/ME
    21 KB (3,370 words) - 12:56, 18 December 2018
  • ...phase), then describe the relationships with the other stakeholders of the project and then finish with some advice to avoid most common pitfalls. ...allel but are different from each other, it is important to know both what project sponsorship is and what it is not (this will be discussed later in the sect
    16 KB (2,561 words) - 17:00, 16 November 2018
  • After the impact assessment and prioritization, a helpful tool to driving good performance is to set specific, measurable ...their environmental footprint on 100 percent of their key projects and non-project facilities
    21 KB (2,950 words) - 13:40, 19 November 2018
  • ...'Figure 1'': Generative design illustrated with a bike frame from Autodesk Project Dreamcatcher. <ref name="Dreamcathcer"> Autodesk (2017). https://autodeskre ...d The Bartlett Faculty of the Built Environment at UCL and Association for Project Management 1, 21–24. </ref>. McKinsey&Company has in a great report recen
    24 KB (3,639 words) - 19:21, 20 November 2018
  • ...e effective management of that work to meet strategic business objectives. Project Portfolio Management is defined as a dynamic decision process, which consta ... program and portfolio management information-seekers students or advanced project practitioners.
    3 KB (375 words) - 21:32, 20 November 2018
  • ...students with the literature review, and their aim is to contribute to the Project Management holistic field of science. If you discover any potential copyrig ...o-called ''gates'', which represent go/kill/recycle/hold decisions for the project. The concept was introduced by R.G. Cooper in his book 'Winning At New Prod
    30 KB (4,297 words) - 09:27, 17 May 2019

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