Irrational Escalation
The phenomenon where people continue a failing course of action due to the amount of resources already invested.
The phenomenon where people continue a failing course of action due to the amount of resources already invested.
The abilities and knowledge required to effectively plan, execute, and close projects, including leadership, communication, time management, and risk management.
A role responsible for ensuring that products and services are delivered efficiently, on time, and within budget.
A project management technique that identifies the longest sequence of dependent tasks and calculates the shortest possible project duration.
The comprehensive process of planning, executing, and overseeing all activities related to the introduction of a new product to the market.
A visual tool that maps out opportunities and the corresponding solutions, helping teams identify and prioritize where to focus their efforts.
Software Development Life Cycle (SDLC) is a process for planning, creating, testing, and deploying an information system.
An analysis that assesses the practicality and potential success of a proposed project or system.
Cost of Delay (CoD) is a metric that quantifies the economic impact of delaying a project, feature, or task.