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All articles tagged with differences

What Is the Difference Between Project Audit and Project Review?

There are several differences between project audits and project reviews. First the project review is about checking that the project is meeting the budget, the schedule, and the scope requirements. The project audit checks if the project management standards, guidelines, and processes are being adhered to, and if the project plan is being followed. A project review is performed by program managers or other interested stakeholders, the project audit is performed by the PMO or internal/external project auditors. The project review outputs a document with key situations affecting the project, the project audit outputs the project audit report, a document capturing all the project management issues found, their severity, and the the corrective action to be taken.

What Is the Difference Between Project-driven And Non-project-driven Organizations?

Project-driven organizations (where Project Management is largely adopted) make their income mainly through projects, clearly assign the responsibility of profitability and loss to the Project Manager, and have flexible career paths. Non-project-driven organizations (where Project Management is still immature) make most of their income through production, and have traditional career paths, where moving up the employment ladder is hard. Additionally, the responsibility of profitability and loss in these organizations is ambiguous. Project-driven organizations have either fully projectized of matrix organizational structures, non-project-driven organizations have (nearly always) a functional (traditional) organizational structure.

What Is the Difference Between Task and Activity in Project Management?

Many Project Managers believe that there’s no difference between task and activity and these two terms can be used interchangeably. Some say that a task is a work package that has one or more activities, others say that an activity is a work package that has one or more tasks. The best thing a Project Manager is to stick to the standards defined in this company concerning the Project Management terminology, and if there are no standards defined, then he should follow the masses and use the two terms as if they mean the same thing: a work package.

What Is the Difference Between Estimated Cost at Completion (EAC) and Actual Cost (AC)?

The difference between the Estimated Cost At Completion (sometimes mistakenly referred to as Estimated Cost) and the Actual Cost, is that the Estimated Cost At Completion is an estimate made by the Project Manager for accomplishing a task, an activity, or a project. The Actual Cost represents the costs incurred so far towards accomplishing that objective.

What Is the Difference Between Construction Project Management and Software Project Management?

There are several differences between Construction Project Management and Software Project Management. Construction Project Management is predictable, formal, usually adopts the waterfall methodology, and thrives in traditional organizational structure. Software Project Management is unpredictable, informal, is a perfect use of the agile methodology, and thrives in a projectized environment. Communication in Construction Project Management is simple, risks and politics are high-level, and team conflicts are rare but dangerous. Communication in Software Project Management is complex, risks and political are at the project-level, and team conflicts are abundant but are rarely physical. Software Project Management is susceptible to scope inflation due to an abundance of change requests, which leads to a cost overrun and late schedule. Costs in Construction Project Management are largely affected by raw materials, which may go up in a dramatic way, leading to a huge cost overrun.

What Is the Difference Between Good Project Managers and Bad Project Managers?

Good Project Managers are good communicators, proactive, not attached to a methodology, punctual. They know how to say “No”, and they have a healthy work-life balance. Bad Project Managers are bad communicators, reactive, fanatically attached to a methodology, bad at managing stakeholders, procrastinators, and always late to meetings. Bad Project Managers always say “Yes” to requests they can’t fulfill, and they have no problem with stressing their team trying to fulfill these requests.

What Is the Difference Between Positive and Negative Risks?

Negative risks are unwanted and can harm the project, positive risks are desired opportunities and can positively affect the project.

What Is the Difference Between Project Manager and Project Leader?

The Project Leader is not be confused the Project Manager, the Project Leader is more technical, responsible for only one project, and reports to the Project Manager.

What Is the Difference Between Project Progress and Project Schedule?

The main difference between Project Progress and Project Schedule is that the former is about reporting on the work actually done, while the latter is about planning the work/activities.

What Is the Difference Between PMP and PgMP?

The main difference between the PMP and the PgMP is that the former is aimed a Project Managers, and that the latter is aimed at Program Managers.