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What Is Program Governance? Importance & Benefits

ProjectManager.com

A program is a set of connected projects that are under the oversight of a steering committee, which is the program governance body. Program governance is a critical component to successfully managing a program of projects. But what does program governance mean and why is it so important? What Is Program Governance?

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What Does Project Governance Really Mean?

ProjectManager.com

Projects like anything that involves a lot of people working together need governance. The government runs a nation and project governance in the same fashion runs the project. Consider this your civics lessons in project management. What Is Project Governance? The Three Pillars of Project Governance.

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The Risk Management Process in Project Management

ProjectManager.com

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. Project dashboards help you identify risk before they turn into issues. How to Manage Risk.

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IT Governance: Definitions, Frameworks and Planning

ProjectManager.com

IT governance ensures that IT departments are prepared for what’s next, without losing focus on what matters. What is IT Governance? At its base level, IT governance is one or multiple processes that enable the IT staff to better manage risk and operate at its most efficient to the benefit of the organization on the whole.

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A Real Project Manager’s Guide to RAID

Rebel’s Guide to PM

Ever wondered what RAID is all about in project management? You'll hear project managers talking about their RAID logs as part of how to manage a project , or updating the RAID, but what does it all mean? My RAID log is THE most useful tool I use to keep my projects on track, and it will do the same for you.

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How AI is Driving Strategic Decision-Making in Business and Government

The IIL Blog

By Monica Mendoza April 3, 2024 Artificial intelligence (AI) has been in the news a lot recently, thanks to the recent launch of several impressive generative AI tools such as GPT-4 and Synthesia. A growing number of power grids are, likewise, being managed with AI to provide entire regions with improved energy efficiency.

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What Is Corporate Governance & How Can it Impact My Project?

ProjectManager.com

While making money is the overriding mandate of any for-profit enterprise, each individual organization is governed by its own set of standards and practices. Those standards and practices are called corporate governance, and they are going to influence your project. What Is Corporate Governance? What Is Corporate Governance?