5Project Management Essentials

Keywords: confidence intervals, planning poker

5.1Introduction

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Project management is practically in everything we do. We like to use the simple example of summer vacations to illustrate this point. First, we decide to take a much-needed vacation. We may consider the feasibility of taking a trip, at a very high level considering time (is time off from work available?), cost (the vacation must be within budget), scope (what do we enjoy doing that fits in the budget and time away from work?), benefits (spending uninterrupted fun time with our families, recharging batteries), and even some idea of risk (bungee jumping is not our idea of a fun vacation). ...

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