What Is a Business Plan?
Business Plan is a result from the business case. It refers not only to the type of business you want to start, but also includes projections on revenues and expenses.
PageWhat Is a Network Diagram?
A network diagram is a graph or chart which clearly indicates the flow of elements in the project. It also consists of connected elements that are shown from left to right with their dependencies.
PageWhat Is an Organizational Chart (OBS)?
Organizational Breakdown Structure (OBS) also called organizational chart or organigram is defined as the organization of a project in hierarchical depiction. It can rely on work packages to perform all the …
PageWhat Is the Contingency Plan For?
The contingency plan is part of the risk management and refers to the second plan if your original plan doesn’t work. It includes the situations which may or may not occur in future. The contingency plan provides …
PageWhat Is a Case Study?
A case study is a process in which an individual or a team conducts a research on particular project to analyze its crucial aspects. It basically consists of document files consisting of approaches, practices, and …
PageWhat Is the Three-Point Estimation?
The three-point estimation is a method of calculating the most probable end of a process. The main known three-point estimation are best case, worst case and most probable case. It helps project managers to increase the …
PageWhat Is a PERT Chart?
PERT Chart is used to evaluate the reviews. It is also known as "Program Evaluation Review Technique". PERT Chart is used to create, establish, and organize tasks. A precedence diagram, a network chart, and logic …
PageWhat Is a PERT Estimate?
PERT estimate is also called three-point estimation and used to calculate time and costs. It extends the two-time method by adding weight to the estimation of best-case, likley-case and worst-case. More common is the …
PageWhat Is the Resource Calendar For?
A resource calendar defines the working days along with non-working days which specifies the activity of resources. It is particularly used to calculate the holidays.
PageWhat Is Float or Slack?
In short, a float is the amount of time that an activity can be delayed without causing a delay to other activities or even the project completion date. In Merlin Project, the name we give to the float is slack. …
