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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.

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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. It’s essential to keep projects successful for any organization to thrive.

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How to Actually Develop a Project Management Plan

Project Risk Coach

Proper Planning Prevents Poor Performance. If this is true, why is it that some project managers put so little time in developing a project management plan? One of the reasons is that project managers may not know what to include. Engage your team members in developing the plans.

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10 Do’s & Don’ts of Project Cost Management

nTask

Unexpected costs, events, and miscalculations can take your project down the hill in no time. This is where project cost management jumps in. Cost management helps you to mitigate the risk of any surprise costs and budget constraints. What is Project Cost Management? Let’s Begin!

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Types of Risks In Project Management – Are All Risks Equal?

WorkOtter

Risks are common in business. These risks carry uncertainties which pose potential threats to the financial health of the organization. Projects help the business reach objectives and goals, and with each project comes its own set of risks. It’s an unknown and unaccounted-for variable that leads to project failure.

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Best Cost Control Techniques

ProjectManager.com

The lower your costs, the higher your profits. 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. That’s where a cost-benefit analysis comes in handy.

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What Should You Include in Your Preconstruction Meeting Agenda?

ProjectManager.com

In a preconstruction meeting, project exceptions are defined, roles are clarified and risk mitigation strategies are discussed. It’s also when the project schedule and budget are reviewed with the parties involved in the coming construction project. ProjectManager has workload charts to keep teams productive.