Remove 2021 Remove 2023 Remove Risk Remove Risk Management
article thumbnail

Monte Carlo Risk Analysis in Project Management

Project Pulse Journal

By: Dr. Michael Shick, MSPM, PMP, CSM Are you a project manager struggling to predict the risks in your projects accurately during planning? This is where Monte Carlo Simulation transforms the art of project risk management into a more precise science, as part of quantitative risk analysis.

article thumbnail

3 Exam Content Outline Domains for the PMP exam

Rebel’s Guide to PM

A Guide to the Project Management Body of Knowledge – ( PMBOK® Guide ) Seventh Edition represents a major shift in the way ‘how to do project management’ is presented by PMI. Instead of the Knowledge Areas , we have the whole body of project management split up into performance domains. Let’s look at each of those domains next.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Artificial Intelligence and Project Management: The First Step

The IIL Blog

In March 2023, Google launched Bard , and Baidu , the Chinese multinational technology company specializing in Internet-related services, introduced ERNIE Bot. Risk Management. Effective risk management has to be proactive. Human Capital Optimization. Previous success factors can easily be taken into account.

article thumbnail

Product Discovery for Scrum Teams

Scrum.org

Join your peers for a guaranteed advanced Scrum Master class: August 29-30, 2023: Professional Scrum Master II. ? Why the Scrum Guide Lacks Product Discovery as a Concept The Scrum Guide 2020 emphasizes the role of the Product Owner in managing the Product Backlog but does not define the product discovery process.

SCRUM 164
article thumbnail

Top 5 Risks to the Growth of Managed IT Service Providers

EasyProjects

Are you losing sleep over how to manage your IT Services projects for better growth? How MSPs (managed service providers) can grow their revenue in 2021 is one of the hottest topics right now. As a project manager, have you mastered the art of aligning project demand with capacity ? If yes, you are not alone.

article thumbnail

Agile Negotiations — Life Is a Negotiation; Why Would Scrum Be Different?

Scrum.org

Rant: Scrum Masters are no Project Managers ! ? ? ?? Guaranteed : Advanced Professional Scrum Master Online Training w/ PSM II Certificate — May 30-31, 2023 ? Product Backlog refinement : The Product Owner and Developers collaborate to refine, estimate, and order the Product Backlog items based on value, risk, and dependencies.

SCRUM 170
article thumbnail

2021 Defense Industry Challenges and Trends: the United States

Epicflow Blog

Having overviewed the EU Defense industry in our research European Defense Industry 2021: Challenges and Trends , let’s take a look at the situation in the US. The US Defense 2021 Budget . The Biden administration engaged about one thousand troops to assist in coronavirus disease vaccination at the beginning of February 2021.

2021 83