What 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. …
PageWhat Is the Eisenhower Matrix?
The Eisenhower Matrix, also known as the Urgent-Important Matrix or the Eisenhower Decision Matrix, is a commonly used model for time management. On the one hand it compares the urgency, on the other hand it compares …
PageWhat Is a Balanced Scorecard?
The balanced scorecard, abbreviated: BSC, is an English term for a balanced report sheet. It is primarily a concept for measuring and documenting the activities of a company with regard to the company's vision and …
PageWhat Is a Risk?
Every company takes advantage of the opportunities that present themselves. However, this is not possible without risks. A balanced relationship is important. Risks threatening a company's existence must be identified …
PageWhat Is a Portfolio or BCG Matrix?
The BCG matrix or portfolio analysis was developed by the Boston Consulting Group. It provides a framework for the analysis of products according to growth and market share. The Matrix has been used since 1968 to help …
