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Time is Money: The Importance of Earned Value Management

MPUG

Let’s define such using PMI as our guide: Earned value (EV) is the measure of work performed, expressed in terms of the budget authorized for that work. Planned Value (PV) is the authorized budget assigned to scheduled work, the total budgeted cost of the planned work. EVM in Microsoft Project.

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Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Dive into the concept of organizational and project governance systems and unlock the potential for project success and organizational growth. The project team should collaborate to identify and manage risks. Project governance: #1 critical success factor. Newtown Square, PA: Project Management Institute.

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Risk Management Resources

Herding Cats

“A Complex Systems Perspective of Risk Mitigation and Modeling in Development and Acquisition Programs,” Roshanak Rose Nilchiani, Naval Postgraduate School, Thirtieth Annual Acquisition Research Symposium, April 30, 2016. Planning, Tracking, and Reducing Complex Project’s Value at Risk,” Tyson R. 1, March 2014. What are the Chances?

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A Compendium of Risk Management Resources

Herding Cats

“A Complex Systems Perspective of Risk Mitigation and Modeling in Development and Acquisition Programs,” Roshanak Rose Nilchiani, Naval Postgraduate School, Thirtieth Annual Acquisition Research Symposium, April 30, 2016. Planning, Tracking, and Reducing Complex Project’s Value at Risk,” Tyson R. 1, March 2014. What are the Chances?

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How Stakeholder Interaction and Engagement Impacts Project Complexity

International Institute for Learning

PMI defines stakeholder as “an individual, group, or organization that may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project, program, or portfolio” (PMI, 2016). Let’s start by the definition of stakeholder.