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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. Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. Identify opportunities.

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Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Establishing the Foundation and the Pillars of Project Governance In project management, success isn't merely about meeting deadlines or staying within budget constraints; it's about delivering tangible value that aligns the project objectives with organizational goals. Firstly, it's essential to recognize the dynamic nature of these systems.

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Projecting Project Success

MPUG

Although technology and software development tools are essential for most projects, it’s the leadership of a project that makes the difference between a project’s success or failure. About 50% of projects undertaken will be completed late and/or exceed budget. According to a 2015 chaos report by the Standish group, it hasn’t.

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Behind The Scenes At PMCamp Barcelona

Rebel’s Guide to PM

Encouraged by the popularity of the concept, BarCamp broadened its goal to bring people together from all over Europe and so in 2015 the idea was pushed further into Europe when the first PMCamp took place in Barcelona. To date more than 1200 people have attended PMCamps organized across eleven different European cities.

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What Makes Organisations Fail to Execute Their Strategy?

Strategy Execution | PMO Perspectives

How do they respond when budgets are changed? Executives must create a project-driven culture and provide strong leadership and visible sponsorship. 2] McKinsey, ‘Changing change management’ 1 July 2015. [3] What exactly are they doing in say, our SE Asian facility? Or our US one? How do they prioritise?

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10 Powerful Questions in a Checklist to Save Your Projects

Project Risk Coach

The Standish Group 2015 Chaos Report studied 50,000 projects around the world, ranging from small enhancements to massive systems implementations. Successful projects were defined as projects that were completed on time, on budget, with a satisfactory result. Courtesy of AdobeStock (edited in Canva). What keeps them awake at night?

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A "How to" on Project Closing: Ensuring Project Success

Project Pulse Journal

Financial Closure: Complete all financial matters, including payments, budget reviews, and cost reconciliations. This might include project files, timelines, budgeting records, performance metrics, and other key performance indicators. Paper presented at PMI® Global Congress 2015—EMEA, London, England. Kerzner, H.

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