What is a PERT chart? PERT charts are a type of visual aid used in project management. Created for theU.S. Navy during the Cold War, PERT charts are effective tools for planning and arranging projects of all shapes, sizes, and complexities. Fundamentally, a PERT diagram aidsproject manager...
The relevance of pyramid charts stretches far back in time, with notable instances such as Maslow's Hierarchy of Needs dating back to 1943. This iconic chart delineates human needs across five tiers, each building upon the one beneath it. Maslow's pyramid is a classical illustration of a pro...
A stakeholder is either an individual, group or organization that’s impacted by the outcome of a project or a business venture. Stakeholders have an interest in the success of the project and can be within or outside the organization that’s sponsoring the project. Stakeholders are important b...
When planning a project, especially itsschedule, you need a work breakdown structure (WBS), which is a tool that identifies all the tangible deliverables in a project. From that, you can determine the tasks that’ll produce those deliverables. Use ourfree work breakdown structure template for E...
A RACI chart is a game-changer for project managers. It ensures everyone is on the same page and working toward a common goal. Each letter in this acronym takes away your worries over your project. With “R” representing responsible, “A” representing accountable, “C” for consulted, and...
You can now put a hierarchy, such as Products, in your scorecard and have expand/collapse capabilities automatically available. You no longer have to select individual dimension members for your scorecard and then manually indent those members. The hierarchical structure of a dimension i...
The lesser-known synonyms “Organigram” and “Organogram” came into use in the 1960s. A related diagram is called anOrganigraph. While is still reflects organizational structure, it’s less linear than an org chart and serves a different purpose: to illustrate associations and opportunities amon...
UDTs can also be structured instead of distinct. As the name suggests, structured UDTs have a specific structure that is predefined in thedatabase. Each of these UDTs contains a sequence of named attributes as well as a set of method specifications. In addition to distinct and structured data...
This process can be facilitated by an ABC data sheet or an ABC behavior chart, which provides a visual representation of the inventory distribution across the three categories. Classification of Inventory: A, B, and C Categories In ABC Analysis,inventoryis categorized into three distinct classes—...
In other cases, C-level executives and senior managers can be the executive sponsors of a project. Project sponsors and project managers need a project management tool to collaborate and make sure their projects are successful. ProjectManager is robust project management software with all the tools...