Float
July 18, 2008
The amount of time a particular task can be delayed without changing the project end date is called as Float. Float is extensively used in the CPM method. -Posted by Dhana Read More →
Fitness for Use
July 12, 2008
This is one of the Cost of Quality theory developed by Joseph M. Juran. This theory says that conformance to specification/requirement of the project is met or exceeded. It reflects the customers view of quality and answers for the following questions. 1.... Read more...
Fishbone Diagram
July 10, 2008
This is part of the Cause-and-effect diagramming technique which is a tools and techniques of Risk Identification. It is also called as Ishikawa diagram. This diagram shows the relationship between the problem effects and their causes. This diagram also... Read more...
Finish-to-Start (FS) Relationship
July 8, 2008
This is one of the four logical relationships used in the Precedence Diagramming Method (PDM). This is the most and widely used relationship. According to this relationship, the independent/preceding/parent activity must finish before the dependent/succeeding/child... Read more...
Finish-to-Finish (FF) Relationship
July 6, 2008
This is one of the four logical relationships used in the Precedence Diagramming Method (PDM). According to this relationship, the independent/preceding/parent activity must finish before the dependent/succeeding/child activity finishes. -Posted by Dhana ... Read more...
Feasibility Study
July 4, 2008
Feasibility study is a preliminary assessment to determine if the project is a viable project, the probability of project success, and the viability of the product of the project. This will focus issues like marketability, safety, customer requirements,... Read more...
Fait Accompli
July 2, 2008
This is part of Contract Negotiation and its distraction technique employed by the influencing party. Normally when one party tries to convince the other party discussing a particular issue that it is no longer an issue. This is trying to keep from negotiating... Read more...
Extinction
June 28, 2008
This is one of the Project Endings. Most of the PM prefers to end or complete their in this way. Extinction means that the project has been completed and formally accepted by the stakeholders or sponsors. As such, the goals or objectives of the project... Read more...
Exploit
June 26, 2008
This is one of the Strategies for positive risks or opportunities which is a tools and technique for Risk Response Planning. Opportunities brings positive impact to the project or project team. As an experienced PM, you may want to make sure that they... Read more...
Expert Power
June 24, 2008
This is part of contingency theory of Develop Project Team. The PM or the influencing person creates the impression as he/she is a subject matter expert or knowledgeable in the subject among the project team. Also the project team will believe that the... Read more...