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Enterprise Risk Management (ERM) and Risk Governance


Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. Hence, when risks were reported, team members didn’t understand, or if they did, they wouldn’t know how or whether to act.

The Risk Management Process in Project Management

It sounds negative, but pragmatic project managers know this type of thinking is preventative. Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project. What is Risk Management on Projects?

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How to Identify and Manage Emerging Risks

Project Risk Coach

Ask 10 different risk management experts to define emerging risks, and you will likely receive different points of view. In this article, let's define emerging risks, discuss ways to identify them, and look at different ways to manage these risks.

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Risk Management Strategies for Financial Institutions

Brad Egeland

When managing risks, several financial institutions tend to focus their energy and time on scheduled risk management. What Is Risk Management? Risk Management Strategies Investments involve some amount of risk.

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Top 5 Best Data Management Software Of 2021


As of January 2021, the internet penetration rate has reached an all-time high of 59%. Managing this humongous amount of data is a Herculean task. Fortunately, we are blessed with a wide range of Data management software designed to help your business grow beyond leaps and bounds.

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2021 Online & On-Site Events for Project Managers

Epicflow Blog

2021 is going to be full of both online and offline events for project managers engaged in different areas of business: construction and engineering, IT, healthcare, and many others. Biggest Online Project Management Conferences in 2021. Webinars for Project Managers.

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The 12 Principles of Project Management

Girl's Guide to PM

PMBOK 7 is the short name given to The Standard for Project Management and A Guide to the Project Management Body of Knowledge – ( PMBOK® Guide ) 7 th Edition , which are bundled together. The 12 Principles of Project Management. Read next: Managing in a VUCA world.

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Project Management Process: The Basics


While it is a safe bet that Mr. Deming was not specifically or exclusively referring to the overall project management process, his wise advice – or if you wish, his stark warning – certainly applies. Project Management Process Groups. Project Management Process Flow.

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Project Management Blog Roundup: The Best of 2021


Tuck into some of the best project management blogs of 2021. Project Management New Year’s Resolutions The new year is all about starting fresh. Are you working as a project manager and looking to hone up on your skills? They aim to make project managers more successful.

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Proceeding without contingency is irresponsible

Kiron Bondale

The project manager is well aware of the risks of proceeding without contingency, but the client is adamant. Contingency exists to protect a project’s success criteria from the impacts of realized negative risks.

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Webinar Recap: SIPOC Workshop Facilitation – Part 2: SIPOC Workshop Strategies


This second session will cover SIPOC workshop strategies. Session number two, the SIPOC Workshop Strategies. Jeff Bongiovani: And then ultimately describe how to set SIPOC workshop goals and strategies. And I say, “You guys can leave, send in your manager.”

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Webinar Recap: Risk Management Life Cycle in the Context of Project, Program, and Portfolio


Please find below a transcription of the audio portion of Satya N Dash’ session, Risk Management Life Cycle in the Context of Project, Program, and Portfolio, being provided by MPUG for the convenience of our members. Satya N Dash: So first, the framework for risk management.

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Product Portfolio Management Software: Basics and Best Practices


What is Product Portfolio Management? . Product portfolio management is a practice of managing all of the products within an organization’s product portfolio. Effective product portfolio management is more than a key competitive advantage — it is vital for long-term success.

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Your Guide to Cost Benefit Analysis in Project Management


Project management involves making a lot of decisions and these decisions cannot always be easy. Cost benefit analysis allows you to choose the options that minimize risk while giving you the greatest potential benefit in the see of options in front of you. Cost of Potential Risks.

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Project Requirements Management – Part 1: Introduction to Requirements Management Transcription


Please find below a transcription of the audio portion of Walter Stinnett’s session, Introduction to Requirements Management, being provided by MPUG for the convenience of our members. And welcome to the first of three webinars on Project Requirements Management.

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12 Morale-Building Moves That Cost Next to Nothing


Don’t let those steps become a script, or you risk appreciation coming across as too formal or routine. Organize a volunteer event by making contact with local government or charitable organizations that take volunteers.

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The Complete Glossary of 614 Project Management Terms


Project management terminology can be complicated. It doesn’t matter whether you’re working towards your PMP certification or simply managing projects casually in your organization, knowing core project management terms always helps. All Project Management Terms.

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It is a basic yet extremely useful tool to evaluate a company, an organization, a project, or a strategy looking to be implemented. Strengths and weaknesses are internal to the organization so they may be managed directly by it. Product Management

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The Value of an Agile Project Management Office


Now imagine that a senior executive starts off his day and decides first to have a quick look at the project dashboard expecting to see metrics such as the current status of projects, earned value indices in terms of money and performances, and top risks. Welcome to the concept of the Project Management Office or PMO. If it exists, then a number of Project Managers (PMs) can be a part with various roles and responsibilities. Multi-project Management.

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Project Initiation Checklist: The Perfect Way To Start Your Projects


Creating a project initiation checklist will lay the foundation for a successful project in the following ways: The project’s initiation phase is where the project stakeholders and project manager establish the direction and resource requirements and document them in a project charter.

The Project Communication Plan


Management stakeholders aren’t dedicated to the project, but they make key decisions about it. Note: The customer is part of the management stakeholder group, but often wants different information delivered in different ways. Management Stakeholders. Functional Managers.

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The Diversity of Project Manager Position Types: How to Choose a Job Among Different Titles

Epicflow Blog

The need for specialists in the field of project management is growing annually because businesses are getting bigger and most companies are becoming project-based. According to the research by Project Management Institute , 87.7 Project Manager. Program Manager .

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The Ultimate Guide to SWOT Analysis in 2021.


It’s a basic yet extremely useful tool to evaluate a company, organization, project, or strategy looking to be implemented. In this sense, it’s the perfect first step to take when planning a strategy or going through a decision-making process.

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My designation is not Project Manager – AM I eligible for PMP® Certification?


He told me that he handles technical end to end project management. He is not involved in managing and developing resources. Actually his main concern was – Am I eligible for PMP® certification as my designation is not Project Manager? Plan and manage product quality.

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Exploring the Scope (and Opportunities) of Digital Transformation

Leading Answers

  The real “transformation” occurs within the governance and engagement models.   When we consider the skills required to enable and advance digital transformation, governance and culture are the most difficult.

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10 Top Process Improvement Tools You Need to Create a More Sustainable Business


A study by BCG/MIT finds that 90% of executives deem sustainability to be important, yet only 60% of companies incorporate sustainability as part of their business strategy, and even less (25%) integrate sustainability into the core of their business model.

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Tailoring project management for a home move (part 1)

Kiron Bondale

And like any project, tailoring needs to be considered when deciding on the life cycle, the roles, governance and practices which will be used to deliver the project. I have been acting as the project manager, while my wife and I have shared the role of sponsor.

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Vendor Showcase Recap: Triskell Software for Enterprise Governance


Please find below a transcription of the audio portion of Rich Murphy’s showcase session, Triskell Software for Enterprise Governance, being provided by MPUG for the convenience of our members. Rich has more than 35 years of experience in the project management field.

Vendor Showcase Recap: Triskell Software for Enterprise Governance


Please find below a transcription of the audio portion of Rich Murphy’s showcase session, Triskell Software for Enterprise Governance, being provided by MPUG for the convenience of our members. Rich has more than 35 years of experience in the project management field.

How I Was Able To Save My Business From Losing Steam During Covid-19(and potential closure)


Still, there were concerns because neither the senior management of ProofHub nor the workforce got time to mentally prepare for such an abrupt, unprecedented change in operations. We executed this strategy and the results exceeded our expectations.

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Review 12.5 years AGILE in the Netherlands

Henny Portman

Rik de Groot and Daria Nozhkina explore the future by explaining the three steps that provide clarity to leaders in an organization, reduce the risk and increase the succes rate: 1) Digital & agile assessments, 2) strategic advice & design and 3) strategic exploration & preparation.

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How To Become a Successful SAFe Agile Coach?


SAFe is designed to give teams flexibility and help manage some of the challenges larger organizations have when practicing agile. These challenges make it difficult in: Managing inter-team dependencies to deliver an Increment. What is SAFe agile.

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What is Your PMO’s “Marketing Plan”

Bridge the Gap Consulting

But, out of respect for the PMO manager who asked not to be named or have this published until his retirement in March of 2021, I held off. One of my first PMO managers had an Actuary background. So, he created strategy; the PMO Marketing Plan. Marketing Strategy.

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Role of the PMO: How It’s Currently Evolving

Planview Blog

This archetype is more concerned with command and control of governance and methodologies than achieving relevant business outcomes. Facilitator/management advisor : This most advanced PMO archetype focuses on portfolios, not projects. How do you bring these strategies together?

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Webinar Recap: SIPOC Workshop Facilitation – Part 1: Overview of SIPOC and Systems


Jeff is currently the lead course developer for Edward’s Performance Solution and oversees the production and maintenance of courses on project management, systems engineering, software development, business process improvement, and cybersecurity. Risk owners.

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Webinar Recap: SIPOC Workshop Facilitation – Part 3: Workshop Facilitation and Questions


I have a tendency to believe that if you have one field of study or another field of study behind a certain theory, like project management theory or systems engineering theory, really what you’re doing is taking that attention and focusing it on certain values.

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Which PMO Structure Is Best for Your Company?


The structure of your organization’s project management office (PMO) may be the difference between effective and ineffective project management. Your PMO structure must blend in with the organizational culture to ensure project management success. Manages the PMO team .

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Agile Unplugged EP05 | Projects to Products | Mike Cottmeyer & Dennis Stevens

Leading Agile

The two share a candid discussion that connects the dots between the Agile Transformation market and broader organizational change management issues. – Yeah, and so it’s part of our transformation strategy. ‘Cause it may not be aligned with the strategy.

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Hiring a Professional Product Owner

Data: LinkedIn has 12,894 jobs for “Product Owner just in the US right now and 25,520 for “Product Manager”. Adding to Jim’s data: Country / Job Title | Product Owner | Product Manager. As such, modern product management practices and mindset are expected to be put into practice daily.

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Webinar Recap: Transformative Leadership: How to Elevate your Impact with Less Effort and None of the Stress


Ravi is an executive career coach and long-time veteran of Microsoft, where he led product management and marketing teams for several global software products and services. I ran product management, planning and marketing teams.

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