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The Risk Management Process in Project Management

ProjectManager.com

When you start the planning process for a project, one of the first things you need to think about is: what can go wrong? It sounds negative, but pragmatic project managers know this type of thinking is preventative. Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project.

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Change Control Board: Roles, Responsibilities & Processes

ProjectManager.com

This is why projects have a change control board. Project management is methodical, but change is not. If changes are requested, the change control board shows how those changes are managed with the least amount of disruption to the project’s plan. What Is a Change Control Board? What Is a Change Control Board?

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Risk Mitigation in Project Management

ProjectManager.com

Risk is something every leader knows well. We all need to become comfortable with some risks. We are never going to eliminate all risks. What Is Risk Mitigation? It involves a process that we’ll explore in a moment but basically addresses the top risks in order to fully protect the project. Learn more.

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Production Control: Process, Types and Best Practices

ProjectManager.com

Once the production line is in action, managers need to keep a close eye on what’s happening to ensure they’re meeting the production schedule and delivering goods on time to retailers. Production control is the way that managers keep track of the work being done in the manufacturing facility. What Is Production Control?

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Best Cost Control Techniques

ProjectManager.com

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. This is why in project management and business in general cost control is so important. To understand cost control, let’s first define it and then we’ll show the steps you can take to implement cost control.

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Project Monitoring and Control: Tools & Steps

ProjectManager.com

Projects are divided into phases to make them more manageable. Project monitoring and control is how a project manager ensures the plan they’re implementing with the project team goes off without a hitch. Project controlling involves a lot of steps to thoroughly monitor the project schedule, resources and costs.

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Risk Management and AI Algorithms: Be in Control of Your Projects

The IIL Blog

By Jorgelina Bross-Puglisi February 28, 2024 Project Managers Have One Key Goal: Project Success By integrating risk management into project management processes, project managers can anticipate and respond to potential challenges, increasing the likelihood of project success.