Project Management Glossary: 10 Key Concepts to Know
Project management concepts and techniques can be confusing sometimes. Here’s a list of 10 key concepts you will probably meet everytime you read about these topics!
1. Agile Project Management
Agile project management is a modern methodology that avoids task dependency and focuses on task completion. In other words, once one task is finished, the project manager reviews it and moves forward with the project. Some project managers tend to prefer this method as one task doesn’t need to be completed in order for the first one to start.
Even though automation is not exclusive to project management, this part of modernization has made a huge impact in the field. Thanks to automation, manual tasks and human errors have decreased while efficiency and accuracy increase. The best project management software tools provide automation features for each task.
3. Cloud-based Software
Cloud-based software allows for document hosting in one place. The main benefit of the cloud is that it can be securely accessed anywhere, from any device at any time, helping users meet deadlines and making collaboration and transparency more prevalent.
A dashboard is an all-in-one page where project managers can view progress, tasks, assignments, due dates and documentation relevant to a specific project. Easy-to-use dashboards ensure that all team members are on the same page and manage the same information about a project.
In project management, dependencies are the relationships of the preceding tasks to the succeeding tasks. In most cases, tasks may have multiple preceding tasks and multiple succeeding tasks. This is why methodologies like Waterfall tend to be seen as less efficient, as one task can’t start until the previous one is completed.
Even though there are many project management tools available, companies have found that the most effective ones are those that provide integration capabilities with other tools. Kimonus, for example, provides a full calendar integration for users to never miss deadlines.
7. Machine Learning
Machine learning is an approach to artificial intelligence that’s focused on making machines learn without being explicitly programmed. In project management, machine learning is causing a big shift by allowing machines to better predict task completion times and deadline estimates.
8. Process Intelligence
The Kimonus Process Intelligence feature allows for marketers to create their own forms, publish landing pages and automate pieces of work. For example, if a marketer repeatedly request similar information from customers, instead of writing an individual email requesting documents or information they can create a new form on a public page and get notifications after every interaction.
9. Waterfall Project Management
Unlike the agile methodology, waterfall project management is the more traditional form of project management, in which one task can’t start until the previous one is completed, making it linear and easy to follow. Even though the waterfall methodology is still broadly used, project managers are shifting to agile, as it provides more flexibility and adaptation to client requirements.
Workflow is the definition, execution and automation of business processes: where tasks, information and documents are passed from one person to another for action according to a set of procedural rules. It involves work by one or more people, and transforms materials, information or services.
Are you having trouble with your project management processes? We get it! Leave it to the Kimonus experts to guide you through how we can help you expedite tasks and improve team collaboration.