Wed.May 04, 2016

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What Everybody Should Know About Controlling Risks

Project Risk Coach

Many project managers do a great job of identifying risks. Some even evaluate risks and develop response plans. However, project managers get busy as their projects progress and fail to control risks, resulting abandoned or wrecked projects. So, what does it mean to control risks? Photo courtesy of Adobe Stock (edited in Canva). Here’s the Merriam-Webster dictionary definition: control: to direct the behavior: to cause to do what you want.

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5 Tips (+ Bonus Tip) For Getting The Most Out Of Conferences

Rebel’s Guide to PM

I’m off to Barcelona at the weekend as I am part of a panel debate at the PMI Global Congress in Spain next week. My session is on collaboration tools and tech for project managers. Today I’ve got 5 tips (and a personal favourite bonus one at the end) about how to get the most out of attending a conference. You make a big investment in going to conferences so it helps to do a bit of thinking and planning about how to benefit while you’re there. 1.

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Quote of the Day

Herding Cats

Predictions are always difficult - especially about the future ― Niels Bohr ― Neandertal's Guide to Cost Estimating , Naval Aviation Systems. This is a quote often used by those conjecturing that estimating is a waste. The quote is true of course. Making predictions about the future is difficult. But that has nothing to do with the need for predictions and the estimates that support them.

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Four Quality Management Basics

PMStudent

Understand the basic components of quality management and then build on them.

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Understand Digital Debt, Form a Team, Set Goals, and Plan Roadmap for Transformation

Understanding digital debt is crucial before digital transformation. Assemble a team to assess internal operations, market pressures, and digital debt's impact. Define future digital vision with measurable goals. Refine hypotheses and conduct market analysis. Develop a roadmap for transformation with defined projects, cost estimates, and governance.

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Portfolio Management: Role of Autonomy

Pawel Brodzinski

I’m a huge fan of Real Options. Along with Cynefin , it is one of the models that can be very universally applied in different domains. No wonder that some time ago I proposed application of Real Options as a sense making mechanism that connects different levels of work being done in an organization. Simply put, potential work, be it projects or products, are options.

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