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9 Steps to Managing Risk for Your Projects

LiquidPlanner

When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations. When teams have a good project risk management process in place, then you can identify and deal with all the project’s risks in an appropriate and thorough manner.

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Estimates, Forecasts, Projections

Herding Cats

An Estimate is a value inferred for a population of values based on data collected from a sample of data from that population. The estimate can also be produced parametrically or through a simulation (Monte Carlo is common, but Method of Moments is another we use). . Estimates can be about the past, present, or future.

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2017 Project Management Trends To Watch

Rebel’s Guide to PM

The introduction of the apprenticeship levy in the UK next year may well have a significant impact on training budgets even in mid-sized firms. Our software tools are full of data from the risks we log to the estimates we fail to achieve. You'll also like: Project Management: Hot Trends for 2015 I had another baby this year.

2017 150
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What is Project Management

MPUG

The project manager is responsible for coordinating the work of the team, monitoring progress, and making any necessary adjustments to ensure that the project is completed on time and within budget. Constraints typically relate to schedule, resources, budget, and scope. Executing the Project Build the project team.

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The 20-Percent Startup Solution

MPUG

Keep in mind that poor estimating during the planning phase is the largest contributor to project failures. Most IT organizations talk a lot about their risk and issue management policies/processes which gives’ one an impression they spend about the same amount of time in each area. Realistic Work Schedules. Let’s be realistic!

2015 105
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Why Estimates are Needed for Success in the Nondeterministic Universe

Herding Cats

There's a fallacy used by some in the software development business, that estimates are not needed to make decisions in the presence of uncertainty. And of course to manage in the presence of uncertainty and the resulting risks we need specific processes and practices based on principles. . Determinism was debunked long ago.

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Episode 195 – Estimate This: Managing Project Estimation

Velociteach

We are taking a fresh look at project estimation. Topics include the estimation obstacles project managers commonly face, key factors essential for accurate projections, the impact of organizational culture, implementing cost management strategies, and navigating the risks of underestimating or overestimating project estimates.