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Project risk is defined by the Project Management Institute (PMI) as, "an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives." [1] Within disciplines such as operational risk, financial risk and underwriting risk management, the concepts of risk, risk management and individual risks ...
Project Management South Africa. PMSA is a not-for-profit professional association that is governed by a Board of Directors, and managed and administered by a National Office. Certain strategic activities are executed by a volunteer National Executive Committee. [1] PMSA aims to advance professional project management in South Africa. [2]
Float (project management) In project management, float or slack is the amount of time that a task in a project network can be delayed without causing a delay to: [1] : 183. project completion date (" total float "). Total float is associated with the path. [2] : 508 [1] : 183 If a project network chart/diagram has 4 non-critical paths, then ...
A project plan, according to the Project Management Body of Knowledge (PMBOK), is: "...a formal, approved document used to guide both project execution and project control. The primary uses of the project plan are to document planning assumptions and decisions, facilitate communication among project stakeholders, and document approved scope ...
IN. Internet TLD. .in ( others) India, officially the Republic of India ( ISO: Bhārat Gaṇarājya ), [21] is a country in South Asia. It is the seventh-largest country by area; the most populous country as of June 2023; [22] [23] and from the time of its independence in 1947, the world's most populous democracy.
PM² (pronounced “P-M squared”) is a project management methodology developed and endorsed by the European Commission (EC). It is the official project management methodology of the EC, incorporating elements from a range of widely accepted best practices in project management and building heavily on PMBOK, PRINCE2, IPMA-ICB, CMMI, TEMPO, and operational experience from EU institutions.
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