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Risk Response Plan in Project Management: Key Strategies & Tips

ProjectManager.com

There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. It’s no wonder so much of project management is focused on risk! What is a Project Risk? Negative risk?

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Artificial Intelligence in Portfolio Management: Shaping the Future of Strategy

The IIL Blog

By Dr. Elissa Farrow November 8, 2023 In the ever-evolving landscape of portfolio management, organisations can now leverage advanced technologies to not only improve traditional practices but to also unlock new dimensions of efficiency and effectiveness. The source of data and the original configuration is critical.

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Implementing Mitigation Strategies for Effective Risk Management

Wrike

Effective risk management is crucial for the success and sustainability of any business. By identifying and addressing potential risks, organizations can minimize their impact and ensure continuity of operations. These risks can arise from various sources, such as financial, operational, legal, or technological factors.

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Business Model Canvas Key Partners for Strategic PM’s

The Strategic Project Manager

Identifying Key Partners that fit into a business model can be an effective way to fill operational gaps. This post explores how Key Partners fit into the business model canvas, strategic considerations for partnering, and aspects of partnering that present challenges and opportunities on projects.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises. May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST

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How Project ERP Can Benefit Your Project-Based Organization

ProjectManager.com

Being able to plan, manage and track those resources to meet the needs of a business is called project ERP or enterprise resource planning (ERP) project management. In short, it’s an ERP that uses project management features. However, a project ERP is concerned only with projects and resource management workflows.

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Tactical Planning: Creating a Tactical Plan for Your Business

ProjectManager.com

This concept is an important part of project portfolio management (PPM) and project management offices (PMOs). To organize and manage this process, businesses employ project management techniques and tools, such as project management software. Operational planning is done by the lower layer of management.

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