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Project Controls: A Quick Guide

ProjectManager.com

If something bad is going to happen on a project, it’s likely related to time, cost or scope. Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. What Are Project Controls? Risk management. Why Are Project Controls Important?

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PMBOK® Seventh Edition Principles and Risk Management

Project Risk Coach

The Project Management Institute (PMI) released the PMBOK® Guide, Seventh Edition in July 2021. In this article, let's look at each principle and why each one matters with respect to managing risks. Create a Collaborative Project Team Environment 3. Optimize Risk Responses 11. Table Of Contents. Focus on Value 5.

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Importance of Scenario Planning and Analysis in Business

ProjectManager.com

Then we’ll explore scenario planning in business and project management before explaining the steps that must be taken to use this process. Scenario planning is a strategy used to consider possible future events for an organization or project to develop an effective and relevant long-term plan to respond positively to that change.

Planning 249
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SWOT analysis in project management: definition, instruction & example

Inloox

SWOT analysis in the project management context Why should I conduct a SWOT analysis? How to perform a SWOT analysis Once the SWOT analysis is completed: 5 key approaches for strategy development Concrete example: SWOT analysis in a software development project Conclusion 1. Content What is a SWOT analysis?

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PMOs Shifting from Watchdogs to Strategic Enablers

Project Risk Coach

Unfortunately, many Project Management Offices (PMOs) become nothing more than a watchdog, one that ensures compliance to a strict set of rules. Management sees it as a way to give oversight to all the programs and projects. Third, some PMO managers lack authority and relational influence in the organization.

PMO 457
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How to Manage Project Scope Without Scope Creep (with examples)

Rebel’s Guide to PM

Scope creep in project management is where additional requirements are added to the project, beyond what was originally agreed and these additions are not formally authorized. The term refers to how the project’s requirements or feature list grows over time without proper control. What’s so bad about scope creep anyway?

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Why are people leaving project management?

Rebel’s Guide to PM

Nearly 1 in 5 project managers have considered leaving their job: 37% of professionals have thought about quitting project management in the past year. So why are people leaving project management? Let’s start with this story from one project manager. Anonymous project manager. Why do project managers quit?