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14 Common Project Risks (+ more)

Rebel’s Guide to PM

The PMI definition of risk is: “an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.”. Poor estimating. Sometimes the estimates are just rubbish. More and more, estimating is getting harder (in my opinion). We have the solution! What’s a risk again?

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A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Five Immutable Principles of Project Success , PMI Spring Seminar, 2021, Austin TX. Five Principles of Project Success , PMI, Northern Utah Chapter, Professional Development Day, 2012. Applying Deliverables Based Planning ® To Increase Our Probability of Success , PMI Fort Worth, Chapter Meeting, 15 July 2010. Risk Management.

2003 54
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The Perfect Storm for The Project Economy

Leading Answers

This increase in project demand was christened  The Project Economy  by PMI in 2019. Eric Ries documented his lean startup methodology in 2008 as a way for organizations to adapt and experiment with new ideas and perform market tests. . Globalization and business transformation have been discussed extensively.

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Part II: A Simplified Approach to Determine IT Project Complexity

PM Times

Much credit should be given to organizations like the PMI Institute. Not only were they able to evaluate complexity, but they also used the data to estimate resources and project duration in a matter of minutes. The field of Project Complexity is wide-open and not well defined. Kiridena, S. & Sense, A.,

2016 52
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Risk Management Resources

Herding Cats

requires making estimates) ? 79, 2008. “`,” Stephen Ward and Chris Chapman , International Journal of Project Management , 21, pp. Estimation of Long?Term Overcoming Barriers in Assessing Risk Probabilities,” Tom Kendrick , 2012 PMI Global Congress Proceedings , 2012. Making these decisions in the presence Uncertainty ?

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A Compendium of Risk Management Resources

Herding Cats

requires making estimates) ? 79, 2008. “`,” Stephen Ward and Chris Chapman , International Journal of Project Management , 21, pp. Estimation of Long?Term Overcoming Barriers in Assessing Risk Probabilities,” Tom Kendrick , 2012 PMI Global Congress Proceedings , 2012. Making these decisions in the presence Uncertainty ?

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Project Risk Management: 10 Surprisingly Brilliant Tactics to Reduce Risk

Workamajig

Only 28% of project managers "always" used risk management practices, according to a PMI survey. Project management risks: Issues in planning, scheduling, estimating, and project communication. Estimate : Map out the probability of each risk and its impact on the project. But that's not the case.