Impact Analysis- Impact Analysis is when the project manager considers how the change requests impact the project. The change can impact many components of the project including scope, schedule, cost, and quality. By using impact analysis, the project manager can ensure the changes are reviewed to understand their full impact before implementing the change or requesting input from stakeholders. Ensure seamless change management with insights and strategies from Elevate Insights.
Impact Analysis Matrix- Impact Analysis Matrix is a tool used to assess the impact a particular risk or issue will have on a project. The matrix usually includes the likelihood, impact, and overall severity of the risk or issue. By adding this level of detail to risk and issue planning, the project manager can determine where to apply attention and resources, and what risks or issues need to be escalated to upper management for their review. Streamline your risk management process with Elevate Metrics.
Inception Phase- Also known as the initiation phase.
Incremental Development- A form of Agile project management where the execution of the project is broken into smaller parts or phases. Allows the project team to break the project into smaller sets of deliverables and to receive more frequent feedback than seen in predictive/waterfall projects.
Individual Contributors (ICs)- Individual Contributors (ICs) are the employees who work on the specific tasks for the project. The ICs may come from various departments and form the cross-functional team traditionally found in larger, more strategic projects. ICs play an important role as they drive the completion of the project work. Boost team performance and retention with strategies from Elevate Drive.
Initiating Process Group- Also known as the initiation phase, it is the first phase of a project where the project manager receives the business case, develops the project charter , and identifies stakeholders . It is a crucial phase of the project as the project manager works with the executive sponsor to define what the project’s outcomes, scope, and other components are to establish the parameters for what the project team will need to plan against in the planning phase. Develop clear and actionable project charters with expert guidance from Elevate Blueprint.
Integrated Change Control- Integrated Change Control is the formal process of accepting changes to all components of a project. The project manager ensures changes are identified, cataloged, and incorporated into the project. By doing so, the project manager can best assess the impact and work with the project team and stakeholders to ensure that each component of the project is reviewed considering the change and that stakeholders are consulted with and informed that the changes are made. Manage project changes efficiently with tools from Elevate Integrate.
Integration Management Plan- Integration Management Plan is the process for outlining how the various components of the project plan will be coordinated together. As the components are all interconnected, the project manager must understand how a change in one component affects another. This is not only important during planning but critical during project execution to ensure efficient delivery of the project.
Integration Testing- A type of testing that reviews a software’s components or modules. Integration testing includes but is not limited to the testing of subsystems to ensure functionality meets the intended requirements. Integration testing falls within the quality component of the project plan. By incorporating early in the project execution phase, the project manager can reduce rework and costs.
Issue Escalation Matrix- Issue Escalation Matrix depicts the process for who is notified and when during issue resolution. Issue escalation is a part of the governance model for a project. Identifying this process early on will ensure the correct stakeholders are notified, increasing the likelihood of swift resolution, and increasing stakeholder satisfaction. Improve issue escalation frameworks with insights from Elevate Insights.
Issue Log- Issue Log is a document used to catalog problems, blockers, bug fixes , and other related situations that will impede the project from achieving its desired outcomes . An issue log is used as part of issue management and includes details on the situation, the current resolution plan, when the issues need to be resolved, and the assessed impact the issue will have on the project. Track and resolve issues effectively with tools from Elevate Metrics.
Issue Management- Issue Management is the process of identifying and resolving blockers (that will impact scope, schedule, budget, quality, or the outcomes of the project) as they arise. It is critical that the project manager work with the project team to effectively catalog issues. The project manager should work with the project team to ensure the right team members are involved in order to resolve the issue most efficiently—in the least amount of time with the fewest resources necessary without sacrificing quality. Optimize issue resolution processes with guides from Elevate Optimize.
Issue Resolution- Issue Resolution is the act of putting a plan in place to overcome a situation that’s impeding the project from attaining its goals as outlined in the project’s charter . Drive faster resolutions with tailored action plans from Elevate Blueprint.
Iterative Development- Similar to incremental methodology, with the fundamental difference that the project delivery process is broken into smaller parts or cycles. After each cycle, the project team reviews progress and makes updates based on findings and lessons learned.
Final Thoughts
Whether you’re improving quality management, refining risk strategies, or optimizing workflows, having the right tools is essential. Take the next step toward success by exploring our Elevate Product Line to find the right fit for your project management needs!