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How to Manage Project Scope Without Scope Creep (with examples)

Rebel’s Guide to PM

By the way, the answer to that question is: “Yes, let me analyze what the impact will be and bring you a recommendation for what that means for our current budget and timeline.”). In real life, changes are often expected to be incorporated “just like that” without any impact on time or budget. What’s so bad about scope creep anyway?

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How Is Artificial Intelligence Being Used in Project Management?

The IIL Blog

“Imagine you are a project manager leading a cross-functional project team where team members have diverse work styles and conflicting priorities…” “Assume you have been assigned a project with a tight budget and aggressive timelines…” Problem-Solving Prompts.

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How Is Artificial Intelligence Being Used in Project Management?

The IIL Blog

“Imagine you are a project manager leading a cross-functional project team where team members have diverse work styles and conflicting priorities…” “Assume you have been assigned a project with a tight budget and aggressive timelines…” Problem-Solving Prompts.

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Managing Risk from Every Level of Your Organization

LiquidPlanner

This notion of contingency analysis shows that when planning or budgeting, we must account for foreseeable risk and factor in the optimal route required with the minimum number of possible detours. Any forecast used to establish baseline budgets will be imperfect, whether for reserve fuel supplies or project contingencies.

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Using Artificial Intelligence to Track Project Performance

The IIL Blog

Cost and budget: Recording labor costs based on rate and effort hours, recording costs for physical resource utilization, developing a baseline cost, tracking against the baseline, identifying cost variances, and providing cost forecasts. This reduces the probability and impact of risks to the project budget and schedule.

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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.

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Top 10 Management Skills That Help You Succeed as a Project Manager

Epicflow Blog

To be able to put these elements together and achieve a perfect result, project managers should possess certain skills that enable them to manage employees, budget, time and other components of a project efficiently, i.e. management skills. Paper presented at PMI® Global Congress 2009—North America, Orlando, FL. References.

2009 98