The IIL Blog
MARCH 5, 2024
This approach benefits organisations, promoting operational excellence and bringing about improved proactive risk management and service resilience. Georgina is an ITIL 4 Managing Professional as well as a Prince 2 & Prince2 Agile Practitioner. Do you need to apply the ITIL framework in its entirety for successful delivery?
Rebel’s Guide to PM
AUGUST 6, 2022
They let you know whether you can go overspent or what risk mitigation actions are the right ones for this point in the project. That’s the minimum (and the approach advocated by PRINCE2). It was a much smaller group, and focused on strategic decision making instead of day-to-day problem solving and risk management.
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Herding Cats
MAY 10, 2019
Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003.
Herding Cats
MAY 11, 2019
This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs.
Rebel’s Guide to PM
JUNE 22, 2016
What really works might surprise you – it’s definitely something to work on when you are thinking about positive project risk! In 2008, the Democratic Party made the decision to move Obama’s speech at their convention in Denver from the Pepsi Center (capacity 18,007) to the larger outdoor venue of Invesco Field (capacity 76,125).
Epicflow Blog
OCTOBER 20, 2020
According to PMI’s Job Growth and Talent Gap in Project Management 2017-2027 , organizations’ need for project talent has significantly increased since their previous investigation in 2008. Managing uncertainties and constraints, Administering risks, Making project decisions, Analyzing team progress, Reporting [5].
Herding Cats
MARCH 11, 2017
The risk is created when we have not accounted for this natural variances in our management plan for the project. Dealing with Aleatory (irreducible) uncertainty and the resulting risk requires we have margin. An aleatory risk is expressed as a relation to a value. One starting point is the value at risk.
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