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work breakdown structure, A work breakdown structure (WBS), in project management is a deliverable oriented decomposition of a project into smaller components. A Gantt chart is a type of bar chart, that illustrates a project schedule. Design structure matrix is a simple, compact and visual representation of a system or project in the form of a ...
In project management, trend analysis is a mathematical technique that uses historical results to predict future outcome. This is achieved by tracking variances in cost and schedule performance. In this context, it is a project management quality control tool. [4] [5]
Earned value management (EVM) extends project management with techniques to improve project monitoring. [26] It illustrates project progress towards completion in terms of work and value (cost). Earned Schedule is an extension to the theory and practice of EVM.
Earned value management (EVM), earned value project management, or earned value performance management (EVPM) is a project management technique for measuring project performance and progress in an objective manner.
This project model was the first of its kind, a revival for the scientific management of Frederick Taylor and later refined by Henry Ford . DuPont's CPM was invented at roughly the same time as PERT. PERT Summary Report Phase 2, 1958. Initially PERT stood for Program Evaluation Research Task, but by 1959 was renamed. [4]
An important goal of evaluation is to provide recommendations and lessons to the project managers and implementation teams that have worked on the projects and for the ones that will implement and work on similar projects. Evaluations are also indirectly a means to report to the donor about the activities implemented.