article thumbnail

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. More businesses and governments are requiring enhanced due diligence.

article thumbnail

Service Management and The Post Office Scandal

The IIL Blog

Why Governance is Important By Sophie Hussey Picture yourself on a stage in a massive room at a conference at the ExCeL in London, about to take part in a panel discussion about The Post Office scandal and the links to service management. Instead, we will focus on the purpose of service management and why governance is important.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

OPAs and the PMP exam Let’s face it: I first came across the term OPA while reviewing PMP exam training material. But they are not the regulatory environment, government standards, or external environmental policies or regulations. Don’t get me started on Enterprise Environmental Factors either.)

Process 427
article thumbnail

Back to Basics: What is Project Governance?

MPUG

My task was to develop guidelines and artifacts for Technology Change Management processes. A Project Management Methodology is an integral part of project governance. Organizations can choose any project management framework or methodology to establish project governance structure. Project Governance.

article thumbnail

Top 10 Project Management Methodologies – An Overview

ProjectManager.com

The term scrum was introduced in a “Harvard Business Reviewarticle from 1986 by Hirotaka Takeuchi and Ikujiro Nonaka. It’s a less technical method of project management that doesn’t put as much emphasis on task order or scheduling, but rather on balancing resources and keeping them flexible. Kanban Methodology.

article thumbnail

3 Exam Content Outline Domains for the PMP exam

Rebel’s Guide to PM

If you are studying for the Project Management Professional (PMP)® exam, this is the article you need to help you break down and understand the contents of the exam. In this article, we’ll explain what the performance domains are in the exam content outline and give you some examples of what you need to know about each one for the test.

article thumbnail

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