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Strategic Project Portfolio Management [Book Review]

Rebel’s Guide to PM

Estimating for success Maybe best of all, Moore talks about range-based estimates – a topic I’m very interested in. Moore explains that estimates are biased towards the initial values because people don’t adjust their estimates again after making that initial decision. He recommends being pragmatic with monitoring.

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Milestone-Kanban: A Hybrid Project Scheduling Technique

The IIL Blog

The underlying assumption that the work is well-defined, and the required effort can be easily estimated is a shortcoming of these approaches. Monitoring and reporting processes are complicated and become lagging indicators. Work packages are small enough to be estimated and assigned. In other words, what needs to be delivered?

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Project Management and Artificial Intelligence: Bring It On!

The IIL Blog

Gartner estimated that AI may replace 80% of project management activities by 2030. Stakeholder Engagement Spook.ai, the Stakeholder Monitor, could generate stakeholder profiles based on their emails, chats, social media, and “observation”. I say, “Bring it on!” I look forward to the opportunity. Wow, that’s creepy.

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Improve Your Project Schedule

International Institute for Learning

Work packages are small deliverables that are assignable and estimable. Estimate the time needed to execute each task. It is possible to estimate each task’s resource needs and effort. Current and near-term work is planned and monitored at a lower level of detail than work in the distant future.

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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow Blog

missing important milestones, unavailability of a critical employee), Estimating (e.g., unrealistic or inaccurate estimates), Communicating (miscommunication between the project participants). [1]. Risk analysis involves estimating the probability of risk occurrence and the impact of the defined risks. Step 3: Analyzing risks.

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Part II: A Simplified Approach to Determine IT Project Complexity

PM Times

However, a formally adopted PMO process to implement and closely monitor projects and portfolios does not account for everything occurring in IT. 2016) synthesized views from 42 relevant papers on the subject matter and was able to classify them into 17 categories. 2016)” as explained by Chapman. & Sense, A. & Sense, A.,2016)”

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5 Reasons Engineers Need to Develop Project Management Skills

LiquidPlanner

Project Management Institute’s (PMI) 2016 report The High Cost of Low Performance: How will you improve business results? The technical/rational skills of engineers are useful for solving technical or rational problems on engineering projects, such as cost estimation and adjustments, forecasting, quality assurance or scheduling.