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How Poor Risk Management Is Hurting Your Program

Project Risk Coach

Poor risk management is costly. Let's look at the cost of poor risk management through the example of Tom Whitley. Although Tom missed a few deadlines, he implemented most of his projects, though small, on time and under budget in his first year. The senior management team praised Tom for the early action.

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Project Kickoff Meeting: How to Write a Kickoff Meeting Agenda

ProjectManager.com

But all that work is pointless if they don’t communicate the purpose of the project to their team and clients. That’s why a kickoff meeting is so important. A kickoff meeting puts everyone on the same page. The team and client know the mission statement, the vision statement and the project plan.

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Cost of Quality (COQ): A Quick Guide

ProjectManager.com

But we’ll also discuss the cost of good quality vs. the cost of poor quality and show you how to measure COQ. The cost of quality is a method by which an organization calculates how much it will cost to deliver a product or service that meets the quality expectation standard set in the project plan. What Is Cost of Quality (COQ)?

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SDLC – The Software Development Life Cycle

ProjectManager.com

The software development life cycle (SDLC) is how it’s done in software development. What Is the Software Development Life Cycle (SDLC)? The software development life cycle (SDLC) is a process by which software is developed and deployed. Each has its own set of strengths and weaknesses. SDLC Phases.

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Demand Management: Process, Importance and Tools

ProjectManager.com

Demand management is cross-functional as it crosses many disciplines, from consumer demand, supply teams and inventory to marketing and customer service. ProjectManager is award-winning project and portfolio management software with resource allocation features to keep teams working at capacity.

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Best Cost Control Techniques

ProjectManager.com

Cost control as a process begins with budgeting. Actual financial results are compared with the budgeted expectations and if the actual costs are more than what was budgeted, actions to reduce those costs must be implemented. Just toggle over to the dashboard and monitor costs in real time. Seek it out.

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Measuring the Project Management Maturity of Your Organization

ProjectManager.com

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. The more mature an organization’s management, the more likely they’re going to meet its strategic goals.