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Why do projects fail? (Includes examples!)

Rebel’s Guide to PM

The ones that hit the papers are often public sector projects because their audits and budgets are more open to scrutiny. This was largely due to the unforeseen increase in the cost of steel. It also cost ten times more than the original budget, finally coming in at £430 million. Instead, tax payers have footed the bill.

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Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Taxonomy-Based Risk Identification,” Marvin Carr, Suresh Konda, Ira Monarch, Carlo Ulrich, and Clay Walker, Technical Report, CMU/SEI-93-TR-6, Software Engineering Institute, June 1993.

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A Compendium of Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. Taxonomy-Based Risk Identification,” Marvin Carr, Suresh Konda, Ira Monarch, Carlo Ulrich, and Clay Walker, Technical Report, CMU/SEI-93-TR-6, Software Engineering Institute, June 1993.

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Agile Project Management for Distributed Teams

nTask

Companies are finally understanding that there are amazing benefits of having remote teams such as the cost advantage in having dispersed teams from countries that have considerably cheap labor, more space in the main office for other staff and access to a diverse technology skillset from all over the world, etc.

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Unlocking the Power of Stakeholder Engagement

Project Pulse Journal

Resource Optimization Understanding stakeholder interests and aligning these interests with the project optimizes the utilization of resources, including time, budget, and human capital. Open Space Technology (OST) Another alternative is the application of Open Space Technology (OST). & Dansoh, A. link] Verzuh, E.

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9 Benefits of CPM Certification

Techno-PM

According to the PMI’s Pulse of the Profession report in 2010, project managers without certification complete fewer projects on time and on budget. Furthermore, according to available statistics, up to 40 percent of people have experienced financial loss due to procrastination. However, project management is an in-demand skill.

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Cone of Uncertainty - Part Cinq

Herding Cats

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). This is due to many reasons. Unanticipated technical issues with alternative plans and solutions to maintain effectiveness.