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A Short History of Project Management

MPUG

Another major project related happening was the growing popularity of value engineering (VE), which was widely used at General Electric. This functioned to help measure the value of alternatives (for example, using cheaper resources and/or materials to reduce project costs or design-to-cost) especially when there was a scarcity of resources.

PMI 81
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Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Risk Management: A Maturity Model Based on ISO 31000,” Diogo Proença, Joao Estevens, Ricardo Vieira, and José Borbinha, IEEE 19 th Conference on Business Informatics , 2017. 1, March 2014.

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A Compendium of Risk Management Resources

Herding Cats

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. February 2017. “A 1, March 2014. What are the Chances? 1, Issue 4, pp.

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100+ Project Management Statistics & Facts To Remember in 2019

ProProfs Project Management

“Reasons for Project Failure” Statistics. 37% of projects fail due to the lack of defined project objectives and milestones. Source: PMI ) Tweet this. 55% of organizations do not have access to real-time project KPIs. 70% of projects are prone to failure. Source: PMI ) Tweet this. Louis ) Tweet this.

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Compendium of Works to Increase Probability of Project Success

Herding Cats

Five Immutable Principles of Project Success - There are many (possibly too many) methods for successfully managing a project. But each method needs to be based on 5 Immutable principles to be successful, no matter the domain or context, PMI Spring Seminar , 2012, Austin TX. PMI Lakeshore Ontario Chapter , 27 October 2018.

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4 Ways to Measure the ROI of Work Management Tools

Wrike

It can be hard to track the fiscal impact work management has on your day-to-day job operations, but the costs of a poor system can be just as detrimental if left unchecked. Companies lose $97 million for every $1 billion invested in projects ( PMI, 2017 ). Equation: Average project duration: X weeks.