article thumbnail

Project Boards and Project Steering Groups: An Introduction

Rebel’s Guide to PM

Here’s an introduction to these important groups as part of the governance framework so you can get yours set up and working on your project. A project board provides oversight and governance for the project. What you need is adequate governance for the project. What is a project board? Call your meetings anything you like.

article thumbnail

Unlocking ITIL4: Defining Value and Navigating Career Growth

The IIL Blog

You may choose not to adopt certain aspects; those that you do adopt will continue to mature as you refine your internal processes and governance. The ITIL certification scheme provides a defined learning path benefiting the individual at each designation. Continual improvement is the key. Browse IIL’s ITIL Courses here!

Defining 167
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Beware of the Unintended Consequences of Incentive Plans.

Scrum.org

More examples of poorly aligned incentives that contributed to the boom then bust financial crisis of 2008-2009: Fannie Mae and Freddie Mac using their implicit government backing to take on significant mortgage risk with little capital backing.

Planning 204
article thumbnail

How has project management changed?

Rebel’s Guide to PM

At least, the 1950’s were when project management emerged as a discipline to help manufacturing, construction and government initiatives deliver more reliably and with greater repeatability. Project management has been around since just after World War 2. Collaboration tools.

2008 355
article thumbnail

Contingency Plan in Project Management

ActiveCollab

Government institutions, for instance, use it to prepare for an economic crisis, like those we experienced in 2008 or during the coronavirus pandemic. Even if your plan was designed with the help of planning software, it could fail anytime. You can apply a contingency plan to any business or organization.

article thumbnail

Leveraging Evidence-Based Management and Achieving Organizational Change through Larman’s Laws

Scrum.org

They shed light on the inherent complexities of organizations, the often-unspoken rules that govern their response to change, and the obstacles one might encounter when pushing for transformation. The ROWE Experiment In late 2008, the Gap Inc. Let’s see these concepts in action. Outlet Division President sat down with the Gap Inc.

article thumbnail

14 Common Project Risks (+ more)

Rebel’s Guide to PM

Governance risk. Certain industries have specific governance requirements. It is an unpredictable but catastrophic event – something like the housing market crash in 2008. The amount of risk you may see from this category depends on what you are delivering. One common example are projects in the healthcare industry.

Risk 320