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Enhanced due diligence in banking 

Productivity Land

Enhanced Due Diligence (EDD), also known as Politically Exposed Person (PEP) screening, is a process that banks and other financial institutions must use to identify the risk associated with doing business with foreign individuals.

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Why do projects fail? (Includes examples!)

Rebel’s Guide to PM

Here are some high-profile failed projects: Following an internal review, Multiplex, the Australian development company responsible for the reconstruction of the Wembley Stadium, became aware that costs for the project were escalating to the point that the company would make a loss of £750 million on the project. billion to £10.9

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Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. México, 1 al 3 de Febrero de 2006. Pich, Working Paper, 21/2006, Cambridge University, Judge Business School. A Critical Review Of Risk Management Support Tools,” Irem Dikmen, M.

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A Compendium of Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. México, 1 al 3 de Febrero de 2006. Pich, Working Paper, 21/2006, Cambridge University, Judge Business School. A Critical Review Of Risk Management Support Tools,” Irem Dikmen, M.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. There is naturally occurring variability from uncontrolled processes. Aleatory uncertainty is expressed as a process variability. First, let's establish a principle.

2003 46
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Cone of Uncertainty - Part Cinq

Herding Cats

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). This is due to many reasons. Unanticipated technical issues with alternative plans and solutions to maintain effectiveness.

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Cone of Uncertainty - Part Trois

Herding Cats

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). This is due to many reasons. Unanticipated technical issues with alternative plans and solutions to maintain effectiveness.