Rebel’s Guide to PM

SEPTEMBER 29, 2021

In the PMI Business Analysis Practice Standard, business analysis is defined like this: The set of activities performed to identify the business need and recommend relevant solutions; and to elicit, document, and manage requirements. There’s much more to being a good BA than just keeping a requirements traceability matrix.

Certification 399

Certification 2020 PMI 2013 399

Rebel’s Guide to PM

JULY 19, 2021

In this article, I will provide more detail on a framework for making better decisions in an effective, rational and ethical way. Monitor outcome – monitor the impact of the decision on the project. Then the option with the highest composite score would be the most likely choice Decision tree analysis. SWOT analysis.

Process 431

Process Software Review Monitoring Risk Management 431

Techno-PM

JULY 3, 2023

Effective monitoring and control of quality are critical for maintaining and improving product and service quality, identifying, and addressing issues promptly, and ensuring customer satisfaction. Statistical analysis: Statistical analysis involves studying data related to a product or process to identify areas for improvement.

Monitoring 36

Monitoring Controlling Planning Underperforming Technical Team 36

Rebel’s Guide to PM

MARCH 10, 2022

Now we’ve approved the budget and the project has started, how much will it really cost? What has that done to the budget? Given that plenty of studies show cost overruns, some finding that 9 out of 10 projects go over budget (averaging 28% overspent), it’s not surprising that project sponsors want to keep a tight grip on costs.

Estimate 401

Estimate Software Review Budget Cadence 401

Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. Artifacts are categorized in the PMBOK® Guide – 7 th edition into 9 different types and that’s what this article is going to look at. The article will be updated in due course. What is an artifact?

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

Wrike

OCTOBER 4, 2023

A well-developed budget lays a solid foundation for managing costs and ensures that projects are completed within financial constraints. Understanding the Basics of Construction Budgeting Accurate cost estimation is the cornerstone of construction budgeting.

Construction 36

Construction Estimate Budget Technical Review 36

Rebel’s Guide to PM

JUNE 22, 2021

Did you know that 56% of your project budget might be at risk due to poor communications? In this article, I’ll explain project communication management, why it matters, give an overview of the communications process, and some examples of where you might apply it on your own projects. who support it.

Communications Management 345

Communications Management Underperforming Technical Team Cadence Monitoring 345

The IIL Blog

FEBRUARY 14, 2024

Analysis: uncovering hidden insights from your project data, analyzing risks, identifying trends and improvement opportunities. Continuous monitoring and evaluation: Track the impact of generative AI on your project outcomes and adjust your approach as needed. Explore these options before building custom solutions.

Generative AI 156

Generative AI Innovation Risk Management Leadership 156

Wrike

JUNE 11, 2023

It’s crucial for businesses to monitor their marketing objectives effectively. We will explore the importance of goal tracking in marketing, how to set up your marketing objectives, choose the right goal tracking tools, implement your goal tracker, and effectively monitor and adjust your marketing objectives.

Monitoring 36

Monitoring Software Review Cadence Technical Review 36

Teamweek

MARCH 22, 2024

In this article, we’ll explore an in-depth review of their key features, pros and cons, integrations, and pricing. Hubstaff: Employee monitoring and workforce management tool 6. Labor costs: Add and monitor labor costs for each employee to help calculate profitability. With the Personal plan, you can only create one budget.

2024 59

2024 Software Review Software Estimate 59

The IIL Blog

OCTOBER 17, 2023

Business Analysis A process in which an individual identifies business needs, defines solutions and facilitates change to meet organizational goals. hours, personnel needed, and/or tasks) to ensure that a project can be completed on time and within budget. Feasibility Study An analysis of a project’s viability.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

ProjectManager.com

FEBRUARY 16, 2024

Critical Path Analysis: Identifies the tasks that must be completed to deliver the project. No Cost or Resource Tracking Features: Projects are expensive and costs must be closely monitored to make sure you don’t overspend the budget. That’s a big problem, especially if you want to deliver your project within its budget.

Software Review 338

Software Review Underperforming Technical Team Software Estimate 338

The IIL Blog

MARCH 26, 2024

In this article, we will explore the rise of the AI-powered PMO and provide actionable strategies for project managers to thrive in an AI-augmented environment. ” Enhancements: Ask the AI to analyze articles and reference documents for additional risk factors impacting similar industries or regions.

PMO 88

PMO Generative AI Technical Review Software Review 88

Rebel’s Guide to PM

MARCH 14, 2024

Interestingly, project management domains where there is low impact from AI are considered to be stakeholder management, project communication and project budgeting. Consider how AI can help with monitoring, controlling and creating project deliverables. This article first appeared at Rebel's Guide to Project Management

Artificial Inteligence 366

Artificial Inteligence Technical Review 2028 2024 366

Project Risk Coach

FEBRUARY 4, 2019

PMBOK 6th Edition The PMBOK 6th Edition changed the process name of "Control Risks" to "Monitor Risks." Monitor Risks is the process of monitoring the implementation of agreed-upon risk response plans, tracking identified risks, identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project."

Controlling 199

Controlling Risk Technical Review Performance Measurement 199

Online PM Courses

APRIL 23, 2018

Risk analysis is both easy and hard at the same time. Is it any wonder that one of the most quoted aphorisms in project manager is this, from Tim Lister: Risk Management is Project Management for Grown-Ups’ Where Does Risk Analysis Fit in? Risk analysis is one part of the wider Risk Management process. Monitor and Control.

Risk 70

Risk Risk Management Estimate Technical Review 70

Rebel’s Guide to PM

JULY 20, 2023

In this article we’ll look at the types of artifacts in project management, typical documents for each type. Artifacts in the PMBOK Guide – Seventh Edition Artifacts are categorized in the PMBOK® Guide – Seventh edition into 9 different types and that’s what this article is going to look at. What is an artifact?

Logistics 253

Logistics Artificial Inteligence PMI Performance Measurement 253

MPUG

MAY 6, 2024

In Part 1 of Effective Use of Artificial Intelligence Tools , we explained AI and its uses for predictive analysis in Project Management. But there are more than just those 8 uses for AI from our last article. Advanced organizations have been using simulation tools such as Monte Carlo analysis to find the most probable schedule.

Artificial Inteligence 52

Artificial Inteligence Risk Management Risk Monitoring 52

NimbleWork

APRIL 16, 2024

Project management is a multifaceted discipline that combines techniques, processes, and strategies to plan, execute, monitor, and control projects effectively. Planning: In this process, project managers develop a comprehensive project plan that outlines the scope, schedule, budget, resources, and risks associated with the project.

Process 52

Process 2030 Software Review Estimate 52

Rebel’s Guide to PM

APRIL 13, 2023

The course covers the fundamentals of project management (ahem – clue is in the title) and a wide variety of topics from stakeholder analysis, requirements, creating a project budget , resource management, scheduling and monitoring and control. This article first appeared at Rebel's Guide to Project Management

Certification 444

Certification 2023 PMI Prince2 444

Project Risk Coach

SEPTEMBER 25, 2017

Project risk management includes the processes to identify, evaluate, develop response plans, implement responses, and monitor project risks. Defining the approach to identifying, evaluating, developing response plans, implementing responses, and monitoring risks. Perform Qualitative Risk Analysis. Monitor Risks.

Risk Management 268

Risk Management Risk PMI Technical Review 268

Rebel’s Guide to PM

JUNE 4, 2023

Is it delivery on budget? Perhaps the project budget is the most important thing to your stakeholders, and quality is taking a back seat on the project. Monitoring benefits on a continuous scale is always better as it allows you to track changes over a period of time. Is it delivery on time? If it was 59 per cent, you didn’t.

Defining 304

Defining Software Review Initiating Energy 304

ProjectManager.com

APRIL 13, 2022

Much of the focus of project management is obviously on methodologies that keep your project on time and within budget. Cost-Benefit Analysis. Cost-benefit analysis is used to estimate the costs and benefits associated with a particular project. Projects need management. But you don’t want to initiate a loss leader.

Software Review 293

Software Review Project Life Cycle Manufacturing Executing 293

Proofhub

OCTOBER 3, 2018

Some of these pertain to how those goals are measured, while others involve how the workflows are created and monitored. After all, the analysis of them can tell people a lot about what’s going with any given project. When used in the right way, this new analytics can help projects get completed on time and within (or under) budgets.

Artificial Inteligence 300

Artificial Inteligence 2001 Monitoring Budget 300

Project Risk Coach

SEPTEMBER 25, 2017

Project risk management includes the processes to identify, evaluate, develop response plans, implement responses, and monitor project risks. Defining the approach to identifying, evaluating, developing response plans, implementing responses, and monitoring risks. Perform Qualitative Risk Analysis. Monitor Risks.

Risk Management 240

Risk Management Risk PMI Technical Review 240

The IIL Blog

APRIL 10, 2024

As a project manager, your responsibilities can range from using your professional skills and knowledge to help the members of your team to initiate, plan, execute, perform and monitor, and finally close the project. By monitoring customer satisfaction initiatives, you can analyze what helps the business grow.

2024 78

2024 Finance Certification Risk Management 78

LiquidPlanner

FEBRUARY 14, 2022

When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations. The owner should be the person who is most suited to deal with a particular risk and to monitor it. But there are ways you can mitigate and manage risk.

Risk Management 167

Risk Management Risk 2012 Prince2 167

nTask

AUGUST 2, 2021

In this article, we explain the five phases of the project management life cycle. Monitoring and control. Keep an eye on your budget to make sure you do not expend more than what you had to. Monitoring And Control. The next phase of the cycle is monitoring and control. What Is Project Life Cycle? Initiation.

Project Life Cycle 158

Project Life Cycle 2021 Monitoring Risk Management 158

Epicflow Blog

FEBRUARY 15, 2024

Read the article to gain insight into the specifics of manufacturing project management and learn useful recommendations on the effective orchestration of projects in the industry. Additionally, this minimizes the chance of deviating from the project schedule, going over the budget, and delaying the delivery of a product.

Manufacturing 52

Manufacturing Technical Review 2024 Risk Management 52

Productivity Land

MAY 30, 2023

The role of an engineering administrator, as described in an article by Zippia, involves overseeing engineering projects and ensuring their successful execution. These professionals are responsible for creating project budgets, managing workflow efficiency, and assigning tasks to team members.

Engineering 68

Engineering Technical Review Software Review Risk Management 68

ProjectManager.com

FEBRUARY 22, 2021

You have to plan, execute and close within a specific timeline and a limited budget. If it’s a business function, following up with attendees is helpful and will give you a lot to chew on when you do a post-mortem analysis to discuss what worked and what didn’t to make sure the next event is even better. Project Budget Template.

Planning 208

Planning Budget Closing Executing 208

PM Basics

SEPTEMBER 8, 2022

You can find links to other articles that explain each process and tool in more detail. Notice that each step of the framework is a separate process, all of which will be discussed in detail in the related articles. It’s the analysis of risk categories. Process #3: Perform Qualitative Risk Analysis.

Risk Management 104

Risk Management Risk Process Underperforming Technical Team 104

Rebel’s Guide to PM

JANUARY 30, 2021

Is it delivery on budget? Perhaps budget is the most important thing to your stakeholders, and quality is taking a back seat on the project. Your success criteria analysis should also identify deliverable-based project success criteria which are strongly linked to the business case and the rationale behind doing the project.

Defining 472

Defining Software Review Initiating Energy 472

MPUG

JULY 17, 2023

In summary, before managing work, setting a baseline is critical for monitoring the original plan versus the final results, enabling precise changes and updates throughout the project’s lifespan. This multi-faceted approach is critical for maintaining the direction and resource budget of your project.

Software Review 52

Software Review Monitoring Initiating Budget 52

Teamweek

MARCH 4, 2024

In this article, you’ll learn about key features, pros and cons, and pricing for each tool. In this article, you’ll learn about key features, pros and cons, and pricing for each tool. What’s missing Toggl Track doesn’t take employee screenshots or monitor app and website activity. Clockify Price : Starts at $4.99/month

2024 59

2024 Monitoring Software Review Estimate 59

ProjectManager.com

SEPTEMBER 5, 2019

Risk management is important, of course, but there’s an even more rigorous process that can be done to make sure the project stays on schedule, under budget and delivers quality. Premortem analysis should be one of the first steps in the birth of any project. A Harvard Business Review article noted a 1989 study conducted by Deborah J.

Software Review 237

Software Review Risk Management Risk Monitoring 237

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. Qualitative Risk Analysis. Optional) Quantitative Risk Analysis. Monitoring Risks. It’s acceptable to perform risk analysis in batches at a later date. Requirements Analysis. Analysis of Work Breakdown Structure.

Risk Management 105

Risk Management Risk Planning Technical Review 105