Remove 2023 Remove Defining Remove Governance Remove Monitoring
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PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

The History of PRINCE2® PRINCE2® is part of the best practice guidance that came out of the UK Office of Government Commerce. A British government agency, the Central Computer and Telecommunications Agency, licensed it for use in government IT projects back in 1979. The most recent major update came in 2023.

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How To Start A Successful Crypto Business In 2023

Productivity Land

In 2023, that world is the landscape of cryptocurrency, and starting a thriving crypto business has never been more enticing. Whether you’re an experienced businessperson or a newcomer intrigued by blockchain technology, we’ll explain the steps and essential tips to launch your crypto venture in 2023.

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The Growth in Importance of Project Value

The IIL Blog

November 15, 2023 All management disciplines, project management included, contain words and expressions that have meanings susceptible to change over time. VE and VA terms are most frequently used on government projects rather than in traditional project management applications. Value is being defined by the customer.

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General Conditions in Construction: Definitions & Best Practices

ProjectManager.com

To understand what general conditions are, we’ll define the term as it relates to construction and why the term is important. To understand general conditions in construction, we need to define them as it applies to each place in the construction project. These are defined during the design phase and they’re part of the formal process.

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The Evolution of Project Management

The IIL Blog

Public Sector Project Manager Selection In most government agencies, PMs were seen more so as project monitors rather than project managers. The assignment as a government project monitor was seen as an add-on to one’s normal job. Executive sponsorship was merely eyewash for government agencies.

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Unlock the Power of the Project Management Plan

Velociteach

Plan Elements The Plan is like a book with three main sections: Execution Parameters establish how the project will be managed along with the approach, required lifecycle phases, and governance procedures. Domain Management Plans describe how the project domains (PMI knowledge areas) will be planned, executed, and monitored.

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Managing Project Assumptions and Risks

The IIL Blog

Context and environmental factors should govern process requirements, specificity, and formality. Elements in the assumptions log can include: Describe the assumption using the most specific and definable information available. The plan should provide well-defined steps to respond to the risk should it occur.