ProjectManager.com

FEBRUARY 19, 2019

Business impact analysis is a tool to help plan for the inevitability of consequences and their cost. Business Impact Analysis Defined. First, what is business impact analysis (BIA)? Why Business Impact Analysis Is Important. If a business isn’t prepared for those responses, then they’re taking a great risk.

Technical Review 331

Technical Review Software Review Risk Management Risk 331

ProjectManager.com

OCTOBER 2, 2019

That’s where requirements analysis comes in. What Is Requirements Analysis? Requirements analysis is nearly self-explanatory: it’s the process of defining the expectations of stakeholders on a project. Requirement analysis can be used for any project, but it is most commonly used with a systems or software project.

Technical Review 206

Technical Review Software Review Controlling Defining 206

Planio

FEBRUARY 12, 2024

Fully understanding customer demand, the broader market, and the competitor landscape is vital to ensure you don’t fail - and that’s where a competitive analysis can help. Jump to a section: What is a competitive analysis? Download our free competitive analysis template and get a headstart on creating your own analysis today.

Underperforming Technical Team 88

Underperforming Technical Team Technical Review Estimate Influencer 88

The Strategic Project Manager

FEBRUARY 14, 2024

This post provides an overview of the VRIO analysis framework, a very useful framework today for both strategists and PM’s. The post then provides specific areas where the framework can be most effectively applied as part of a strategic analysis. What is a VRIO framework analysis in strategy?

Underperforming Technical Team 98

Underperforming Technical Team Technical Review Sustainability Innovation 98

Scrum.org

MARCH 2, 2020

A question that frequently comes up in my Scrum Training courses is how to define a product. Yet defining your product can be challenging in both a software and non-software context. . Yet defining your product can be challenging in both a software and non-software context. . How to Define a Product.

Defining 188

Defining Software Review SCRUM Risk 188

ProjectManager.com

MARCH 10, 2020

A stakeholder always wants the project to succeed and has unique expectations as to what defines that success. This process is called stakeholder analysis. What Is Stakeholder Analysis? Stakeholder analysis identifies and prioritizes stakeholders before the project begins. Why It’s Important.

Influencer 232

Influencer Executing Closing Planning 232

Kiron Bondale

OCTOBER 8, 2017

An early project management lesson learned is that it is a good practice to start with the end in mind, especially when it comes to defining what done looks like. Beyond defining the criteria for project closure it is also a good idea to ensure there is a consistent understanding of what success will look like.

Defining 189

Defining Risk Management Risk Planning 189

Musings on Project Management

MARCH 11, 2016

Kano analysis is a new product feature/function evaluation tool that gives visualization to feature/function relative merit over time as trends change. The grids are defined by the horizontal and vertical scales that are easily set up on a white boad in the war room (don't take the word 'scale' too.

Agile 231

Agile Defining 231

nTask

MAY 5, 2021

Enter cost benefit analysis. 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. Using the benefit cost analysis tool allows you to minimize risks and maximize gains giving your project the best chance at being a success.

Risk Management 136

Risk Management Estimate Risk Finance 136

Rebel’s Guide to PM

JULY 5, 2017

We all know that defining your project well is the foundation of good project management. Once you have defined that, the secondary step is to work out the activities you’ll need, to deliver them. The post The 3 Most Important Things that Define Your Project appeared first on Girl's Guide to PM. Initiation.

Defining 296

Defining Consulting Risk Management Influencer 296

Project Risk Coach

JANUARY 28, 2019

Today, let’s discuss the use of qualitative risk analysis to get you back on track. Qualitative Risk Analysis. There are two ways to evaluate risks: Qualitative Risk Analysis. Qualitative analysis such as rating probability and impact should always be performed. Quantitative Risk Analysis. KISS Method.

Risk 170

Risk Risk Management Budget Defining 170

Planio

MARCH 27, 2023

Unfortunately, too many project managers and development teams are eager to build and skip the stakeholder analysis stage. Stakeholder analysis is the best way to identify, categorize, and plan your engagement strategy with everyone who’s interested and can influence the outcome of your project. What is stakeholder analysis?

Planning 78

Planning Development Team Review Influencer Initiating 78

Project Risk Coach

JANUARY 9, 2024

Enter Decision Tree Analysis, a robust tool that, quite literally, helps you see the forest for the trees. How to Perform Decision Tree Analysis Here's a step-by-step guide on how to perform decision tree analysis for quantitative risk analysis. Next, define what you are trying to achieve with this decision (e.g.,

PMI 221

PMI Estimate Risk Management Risk 221

ProjectManager.com

FEBRUARY 28, 2024

When the leadership team defines an organization’s vision, they look toward the future and identify the goals and objectives they want to achieve. Once the vision is defined, then the practical work begins, and strategic planning templates can facilitate that work. This is the start of strategic planning.

Planning 332

Planning Underperforming Technical Team Software Review Defining 332

Project Risk Coach

JANUARY 7, 2019

Today, let's look at a step-by-step process to improve your strategic planning, analysis, and alignment with a particular focus on risk management. Additionally, they want individuals who can help define the organization's strategies and ensure that the projects are aligned with the enterprise goals. Define Long-Term Goals.

Planning 150

Planning Risk Management PMI Technical Review 150

ProjectManager.com

MARCH 7, 2024

We’ll first define the term and then go into the organizational strategy levels, as well as explain its importance in business. Leadership creates this multi-tiered company plan to define, outline and achieve specific goals. There’s also space to define your team and financial projections. Here are some reasons why.

Underperforming Technical Team 409

Underperforming Technical Team Initiating Defining Leadership 409

Project Pulse Journal

OCTOBER 7, 2023

Enter the realm of quantitative risk analysis. A methodology that not only supports the identification of risks but quantifies them, thereby supporting a quantitative risk analysis process allowing for strategic decision-making. Every decision brings along its own set of uncertainties and complicated risks. This isn't just any method.

Risk 52

Risk 2009 2023 2017 52

ProjectManager.com

APRIL 16, 2024

Use ProjectManager’s Gantt chart to plan projects, define phases, link tasks, build a WBS, set a baseline and link all four types of task dependencies. Define the Length of the Timeline First, think about the best scale for the timeline. This Excel timeline was created using Excel for Microsoft 365.

Software Review 367

Software Review Estimate Executing Monitoring 367

ProjectManager.com

NOVEMBER 29, 2023

IT financial management is a bit more complicated than that and we’ll explain by more thoroughly defining the term. This is done through analysis, planning and managing costs that are related to IT operations, projects and services. Businesses will also perform a cost-benefit analysis to see if the project will prove profitable.

Infrastructure 322

Infrastructure Finance Executing Governance 322

Planview

JULY 29, 2021

Risk management is one of the core project knowledge areas, an essential and ongoing process which can be described as the methodical process of identification, analysis and response to project risks involving several major phases which are similar to all projects. The Risk Analysis Process in Project Management. Take a Product Tour.

Risk Management 78

Risk Management Risk Process Influencer 78

Wrike

JUNE 28, 2023

The SWOT analysis framework is one of the most widely adopted in business and project management. SWOT analysis templates are easy to use and understand. This article breaks down everything you need to know about SWOT analysis. We’ll cover the following: What is a SWOT analysis? Remember this one from your school days?

Underperforming Technical Team 36

Underperforming Technical Team Technical Review Risk Management Risk 36

Kiron Bondale

OCTOBER 30, 2016

Wikipedia defines a denial-of-service attack as “ a cyber-attack where the perpetrator seeks to make a machine or network resource unavailable to its intended users, such as to temporarily or indefinitely interrupt or suspend services of a host connected to the Internet. Define thresholds. So how can we avoid this threat?

Governance 120

Governance Government Risk Management Defining 120

ProjectManager.com

DECEMBER 26, 2023

Some things program governance defines are roles and responsibilities, chain of command and other aspects of program management to help the program succeed. Defines the Success Criteria for Programs One of the main objectives of program management is to prioritize which projects will be part of a program.

Governance 360

Governance Government Monitoring Risk Management 360

The Strategic Project Manager

NOVEMBER 17, 2021

Gap analysis is something that we do naturally when we identify that we want vs what we have. This post examines what gap analysis is, where it is applied, and its challenges and benefits. Basic Gap Analysis Diagram Overview. The Four Gap Analysis Steps. There should be a gap analysis diagram for each of these factors.

Technical Review 98

Technical Review Software Review Manufacturing Closing 98

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. 5 Main responsibilities of a business analyst. They are the people who herd the cats.

Certification 405

Certification 2020 PMI 2013 405

Wrike

FEBRUARY 18, 2021

This is where requirements analysis comes in. . What is a requirements analysis? Requirements analysis involves defining, analyzing, validating, and aligning stakeholders’ expectations for new projects while considering all possible conflicts. . Defined with sufficient details. Actionable. Measurable.

Software Engineering 69

Software Engineering Engineering Technical Review Underperforming Technical Team 69

Project Risk Coach

FEBRUARY 7, 2022

Clarify the PMO's Goals and Roles Whether you are planning for a PMO implementation or it's been in existence for several years, you may wish to facilitate a SWOT analysis with your key stakeholders. Based on the SWOT analysis, define clear, results-oriented goals. Additionally, define the roles of the PMO.

PMO 457

PMO Underperforming Technical Team Risk Management Energy 457

Techno-PM

JUNE 5, 2023

This is where gap analysis comes into play. Gap analysis is a powerful tool that enables businesses to assess the current state of their operations, measure it against desired outcomes or benchmarks, and identify the gaps that need to be bridged. What is a gap analysis? Why is gap analysis important for businesses?

Monitoring 36

Monitoring Closing Technical Review Defining 36

PM Basics

SEPTEMBER 8, 2022

Qualitative risk analysis boosts the chances for project success dramatically. I honestly believe that this risk analysis in more than enough for small and medium projects. Qualitative Risk Analysis is the process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact.

Risk 59

Risk Risk Management Software Review Technical Review 59

Rebel’s Guide to PM

AUGUST 3, 2021

They define salience as: the degree to which managers give priority to competing stakeholder claims. The saliency model is a tool you can use as part of stakeholder analysis, management and engagement. You might be familiar with the classic stakeholder analysis impact and interest grid. What is the stakeholder salience model?

Influencer 471

Influencer Governance Government Defining 471

Wrike

OCTOBER 5, 2023

Gap analysis is a crucial tool in any organization’s arsenal, helping to bridge the divide between the current state and the desired state. Introducing Gap Analysis Gap analysis is a systematic approach used to assess the discrepancy between the current and desired state of an organization.

Underperforming Technical Team 36

Underperforming Technical Team Technical Review Retail Sustainability 36

Project Risk Coach

OCTOBER 23, 2021

Project managers may use qualitative and quantitative risk analysis to evaluate opportunities. Let's define opportunity. The PMBOK® Guide defines risk as "an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives." Define specific questions. True or False?

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

ProjectManager.com

NOVEMBER 23, 2023

First, we need to define capital budgeting, what a capital budget is and why it’s important. Throughput Analysis This complicated method is also very accurate. Throughput analysis looks at the entire company as a sign profit-generating system, with the throughput being the measured amount of materials going through the system.

Budget 346

Budget Technical Review Software Review Executing 346

Wrike

JULY 21, 2023

Organizations face a constant need to assess their performance and identify areas for improvement, and one powerful tool that helps businesses achieve this is the gap analysis. By comparing current performance with desired outcomes, gap analysis allows businesses to bridge the gap between where they are and where they want to be.

Underperforming Technical Team 36

Underperforming Technical Team Retail Healthcare Technical Review 36

ProjectManager.com

NOVEMBER 9, 2023

Before we go into the process of IT incident management, let’s first understand what the term IT incident means and how IT incident management is defined. However you define it, you’re not going to want to have an IT incident, and if you do, then you’re going to want to be prepared to address it quickly. What Is an IT Incident?

Software Review 348

Software Review Technical Review Risk Management Executing 348

ProjectManager.com

JUNE 7, 2023

Using a cost breakdown is essential to developing a sound cost breakdown analysis and selling that product or delivering the project at a profit. This requires an understanding of what a cost breakdown analysis is, what’s included in a cost breakdown structure and how to make one. What Is Cost Breakdown Analysis?

Manufacturing 249

Manufacturing Estimate Project Cost Influencer 249