Tips & Guides

Tutorials & Guides

RACI Chart: Steps to Create, Examples

RACI Chart: Steps to Create, Examples [Free Template]

Editorial Team

RACI charts, also called radar charts, are an effective method of displaying multivariate data in a two-dimensional chart with a ...

Control Chart vs Run Chart

Control Chart vs Run Chart: Concept, Examples

Editorial Team

Control charts and run charts have a few things in common, namely monitoring process performance. A control chart is a ...

Rough Order of Magnitude Estimate

Rough Order of Magnitude Estimate Explained: Concept, Examples

Editorial Team

Rough order of magnitude (ROM) estimates are used in many fields to provide a quick calculation for a first-order approximation ...

Critical Path vs Critical Chain

Critical Path vs Critical Chain: Concept, Differences, Examples

Editorial Team

The critical path method (CPM) is a project management scheduling method. It defines the sequence in which specific activities are ...

Cost of Conformance vs Cost of Non-Conformance

Cost of Conformance vs Cost of Non-Conformance: Concept, Examples

Editorial Team

Conformance is a term used in the project management world to define the money spent on taking action to meet ...

Bottom-Up Estimating Explained

Bottom-Up Estimating Explained with Examples

Editorial Team

Project management involves lots of estimation. Part of a project manager’s work is to  come up with estimates from as ...