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Managing Risk from Every Level of Your Organization

LiquidPlanner

If project management were an off-road 4×4 expedition, where teams had to plot a course through the unknown, cost and schedule contingency would be akin to the number of spare fuel cans you can carry successfully to complete the trip. Risk is not solved with a calculation. Are there unexpected risks now emerging?

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

Rebel’s Guide to PM

Scope creep in project management is where additional requirements are added to the project, beyond what was originally agreed and these additions are not formally authorized. Scope creep is caused by lack of requirements management. The project manager is responsible for letting scope creep affect the project.

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How Is Artificial Intelligence Being Used in Project Management?

The IIL Blog

And so, we were not at all surprised to see that at IIL’s November International Project Management Day Virtual Conference , the most attendance in any one session was at the panel discussion on, you guessed it: AI. What does it mean for me in my role as a Project Manager? Scenario-Based Prompts.

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How Is Artificial Intelligence Being Used in Project Management?

The IIL Blog

And so, we were not at all surprised to see that at IIL’s November International Project Management Day Virtual Conference , the most attendance in any one session was at the panel discussion on, you guessed it: AI. What does it mean for me in my role as a Project Manager? Scenario-Based Prompts.

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Using Artificial Intelligence to Track Project Performance

The IIL Blog

By Cynthia Snyder Dionisio There are a multitude of ways we can use artificial intelligence (AI) to help us manage projects. Given that you are managing a project, you should have access to all this data and potentially the same information for previous projects as well. This article will focus on using AI for performance tracking.

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Beware of the Unintended Consequences of Incentive Plans.

Scrum.org

Paul Nisbet, said, "I find fault with a {pay} plan that tends to motivate management to do whatever is necessary to raise the stock price in the short term, potentially at the expense of market share in the longer term." [i] The focus is on the delivery of projects on time and within budget with little concern for the valuable outcome.

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Risk Management Resources

Herding Cats

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.