article thumbnail

Brief comparison between MSP 5th edition and MSP 2011 edition

Henny Portman

Looks like they embraced my idea to add a quick reference card as I did when writing the official Directing Successful Projects with PRINCE2 guide. The first thing you see when opening the guide is a summary or quick reference card of MSP. Themes are collectively applied during the processes throughout the programme lifecycle.

2011 92
article thumbnail

Reasons to Adopt AgilePM®

The IIL Blog

Risk Management AgilePM provides practical ideas for managing risk, directly addressing many of the common risks for projects (e.g., The Project Approach Questionnaire provides an effective starting point for creating a clear, shared understanding of project risks and their mitigation.

2011 148
Insiders

Sign Up for our Newsletter

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

article thumbnail

PRINCE2® Foundation and Practitioner: Everything you need to know to get this Certification!

Techno-PM

What is PRINCE2® Foundation and Practitioner? PRINCE2 Foundation and Practitioner. The aim of the first qualification is to provide a background on the concepts, process, terminology, and techniques needed to be able to successfully manage projects using Prince2. PRINCE2 Practitioner Certification Course - Who Should Do It?

Prince2 36
article thumbnail

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.

article thumbnail

A Compendium of Risk Management Resources

Herding Cats

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.

article thumbnail

Top Solutions to Project Failure – Epicflow Research Part 2

Epicflow Blog

Perform Risk Management. Consider introducing risk management measures such as simulations and predictions to be ready for the bottlenecks that might compromise your projects in the future. For effective risk management, it might be reasonable to consider using a project management tool such as Epicflow.

article thumbnail

Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

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.

2003 46