ProjectManager.com

FEBRUARY 19, 2019

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

Technical Review 327

Technical Review Software Review Risk Management Risk 327

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? Why is ERM important?

Risk Management 268

Risk Management Risk PMI Technical Review 268

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? Why is ERM important?

Risk Management 240

Risk Management Risk PMI Technical Review 240

ProjectManager.com

OCTOBER 5, 2023

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. This is why in project management and business in general cost control is so important. Learn how cost control can help you better manage construction or manufacturing projects. The lower your costs, the higher your profits.

Controlling 328

Controlling Manufacturing Construction Underperforming Technical Team 328

Proofhub

JUNE 20, 2023

Small Business Risk Management If you’re thinking of starting a new business, learning how to start a t-shirt business or a marketing business is not going to be enough. Internal risk factors are those that are under a company’s control, while external risk variables are those that are beyond its control.

Risk Management 78

Risk Management Risk Software Review Governance 78

ProjectManager.com

AUGUST 22, 2023

What qualifications do you need to land a project management job? What Are Project Management Qualifications? Being qualified for a position as a project manager means you have the skills, experience and temperament for the job. Qualified project managers need the right tools for the job. Thanks for watching!

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Certification Leadership Risk Management Budget 353

The Strategic Project Manager

MARCH 11, 2024

This post explains what the Strategy Canvas tool is, and how to create a basic Strategy Canvas. Finally, it details the use and benefits of the tool for practicing strategy and project management. What is the Strategy Canvas Tool? The Strategy Canvas tool is a management tool introduced by W.

Technical Review 105

Technical Review Innovation Sustainability Retail 105

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. In part 2, we will go a little deeper into AI with 3 more ways that AI is revolutionizing project management. But there are more than just those 8 uses for AI from our last article.

Artificial Inteligence 52

Artificial Inteligence Risk Management Risk Monitoring 52

ProjectManager.com

AUGUST 22, 2023

What Is Risk Culture? Risk culture is simply an organization’s employee’s awareness, attitudes and behaviors towards risk and how they’ll manage it. An organization that has a risk culture simply means they’re prepared for identifying, managing and mitigating risks as issues arise in their work.

Risk 368

Risk Risk Management Defining Executing 368

Wrike

SEPTEMBER 30, 2023

Effective risk management is crucial for the success and sustainability of any business. By identifying and addressing potential risks, organizations can minimize their impact and ensure continuity of operations. These risks can arise from various sources, such as financial, operational, legal, or technological factors.

Risk Management 36

Risk Management Risk Technical Review Monitoring 36

PM Basics

SEPTEMBER 8, 2022

I’ve been managing software development projects for more than 11 years. Risk management is arguably the most crucial piece in my project management approach. Therefore, I spent lots of time and effort creating a practical risk management process. You’ll get the whole risk management process below.

Risk Management 104

Risk Management Risk Process Underperforming Technical Team 104

Project Risk Coach

SEPTEMBER 12, 2022

On April 1, 2022, the Project Management Institute (PMI®) rolled out the new PMI-RMP® exam. Simply put, PMI® did not use the Standard for Project Risk Management (2009) or the PMBOK® Guide, Sixth Edition (2017) to validate the exam. Why Take the Risk? In December 2021, PMI® conducted a pilot of the new exam.

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PMI 2022 2009 2021 221

ProjectManager.com

JANUARY 12, 2024

Finally, we’ll see how project management software allows you to better manage your workforce. Strategic workforce planning is used by an organization or its project management office (PMO) to achieve its long-term plans. Both of these are ways to measure resource management and are interrelated.

Planning 337

Planning Estimate Risk Management Budget 337

Project Risk Coach

OCTOBER 23, 2021

Some project managers have a defensive mindset. 3 Is an Opportunity a Risk, Really? 8 Evaluating Opportunities 9 Responding to Opportunities 10 Monitoring Opportunities. Project managers may use qualitative and quantitative risk analysis to evaluate opportunities. Is an Opportunity a Risk, Really?

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

Project Pulse Journal

NOVEMBER 18, 2023

By: Dr. Michael Shick, MSPM, PMP, CSM Project management isn't just about hitting milestones and meeting deadlines. Can you truly have a well-monitored project and a motivated team working harmoniously? Ready to transform the way you manage projects? Key Takeaways Effective monitoring is proactive, not reactive.

Monitoring 40

Monitoring Controlling Technical Review Software Review 40

The IIL Blog

MARCH 26, 2024

By Ruchi Gupta, PMP ® , PgMP ® , PMI-ACP ® , PMI-RMP ® , SAFe, DASSM, SIP, Jira CBAP ® The accelerating rise of Generative AI tools like ChatGPT, Gemini, Copilot, and others is rapidly reshaping the way project management operates. The Project Management Office (PMO) is no exception.

PMO 88

PMO Generative AI Technical Review Software Review 88

Project Risk Coach

JANUARY 7, 2019

Individuals, teams, and organizations lack the healthy habits of identifying and managing the uncertainty that surrounds their world. 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. What is Strategic Risk Management?

Planning 150

Planning Risk Management PMI Technical Review 150

Project Risk Coach

JUNE 4, 2023

In the world of project management, troubled projects can be a source of frustration, stress, and disappointment for both teams and stakeholders. In this blog post, we will explore some of the key factors that can lead to project trouble and discuss strategies to mitigate their impact.

Risk Management 243

Risk Management Technical Review Estimate Risk 243

ProjectManager.com

JULY 5, 2022

A business case is a project management document that explains how the benefits of a project overweigh its costs and why it should be executed. The need for a business case is that it collects the financial appraisal, proposal, strategy and marketing plan in one document and offers a full look at how the project will benefit the organization.

Underperforming Technical Team 370

Underperforming Technical Team Project Life Cycle Risk Management Estimate 370

ProjectManager.com

OCTOBER 6, 2023

PMO stands for project management office and it’s responsible for the project management standards in an organization. The two others are the program management office and the portfolio management office. Either way, it’s run by a PMO director. There are different types of PMOs, all headed by a PMO director.

PMO 341

PMO Software Review Governance Government 341

ProjectManager.com

NOVEMBER 23, 2023

The use of capital budgeting offers an objective view that helps managers figure out how to invest capital in order to increase business value but also helps the overall health of the company. Capital budgeting is part of the larger financial management of a business, focusing on cash flow implications when making an investment decision.

Budget 340

Budget Technical Review Software Review Executing 340

Productivity Land

FEBRUARY 23, 2024

In this blog post, we’ll be discussing 5 best strategies to ensure data protection and privacy compliance for your business. Data protection involves various measures for fraud detection, monitoring and prevention to ensure that sensitive data is not tampered with by criminals. Many businesses are embracing online marketing.

Software Review 74

Software Review Technical Review 2023 2024 74

Resource Guru

APRIL 13, 2023

Monitoring and controlling a project is an essential part of any successful project process. So come with us as we go down the rabbit hole of monitoring and controlling, and show you just how important it really is. In this article, we’ll cover: What is monitoring and controlling in project management?

Monitoring 52

Monitoring Controlling Project Life Cycle Software Review 52

ProjectManager.com

NOVEMBER 27, 2019

What do you need to know to succeed at project management? While there’s some truth to that joke, it’s not helpful to the student or the experienced professional who is looking for a way to understand the myriad responsibilities of being a project manager. What is PMBOK in Project Management? Project Integration Management.

Monitoring 499

Monitoring Risk Management Controlling Technical Review 499

Wrike

JUNE 11, 2023

The importance of risk management in IT cannot be overstated. However, with this reliance comes the inherent risks of cyber threats, data breaches, and operational disruptions. Once the risks have been identified and assessed, organizations must develop and implement strategies to manage and mitigate them.

Risk Management 36

Risk Management Risk Underperforming Technical Team Technical Review 36

ProjectManager.com

JULY 12, 2023

There are many project management software products available on the market. Oracle Primavera Cloud (OPC) is a project, program and portfolio management software. The software integrates project and portfolio planning with teams, resourcing and risk management as well as scheduling.

Manufacturing 259

Manufacturing Construction Risk Management Lean 259

Epicflow Blog

JUNE 10, 2022

Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?

Aerospace 98

Aerospace Risk Management Engineering Risk 98

Project Risk Coach

OCTOBER 18, 2021

Are you aware that the Project Management Institute (PMI) is updating the PMI-RMP exam? Moreover, the exam is being updated with terms and concepts that are in alignment with the PMBOK® Guide and the new Risk Standard. Related article: The Practice Standard for Project Risk Management. Table Of Contents.

PMI 221

PMI 2021 Certification 2022 221

The Strategic Project Manager

MARCH 14, 2024

It defines it, compares and contrasts it from similar approaches, and then looks at the impact of leveraging Value Innovation in the practice of strategy and project management – developing a Value Innovation Strategy. What Is a Value Innovation Strategy? “Value innovation” is a concept introduced by W.

Innovation 52

Innovation Sustainability Performance Measurement Risk Management 52

Project Pulse Journal

OCTOBER 15, 2023

Michael Shick, MSPM, PMP, CSM Are you tired of navigating project management risks, constantly looking for the proverbial dangers that could derail your project's success? Project Managers live in a realm where every project, no matter how meticulously planned, is subject to unexpected challenges.

Risk 40

Risk 2023 2017 Risk Management 40

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. But this is a mistake.

Planning 78

Planning Development Team Review Influencer Initiating 78

Rebel’s Guide to PM

MAY 2, 2022

The mission of a project portfolio manager is clear enough: maximize the business benefits of projects. In this article, you’ll learn the top 5 key considerations and knowledge areas under which the main criteria for managing a project portfolio can be grouped. Strategies and tactics. Goals and objectives.

Technical Review 350

Technical Review Risk Management Governance Government 350

Rebel’s Guide to PM

MARCH 14, 2024

We gathered 57 of the top AI in project management statistics to help understand this key development in technology. Recent advancements in tech have changed how project managers work in 2024. Top AI in project management statistics You’ve probably read that 80% of project management tasks will be eliminated by AI by 2030 ( Gartner ).

Artificial Inteligence 366

Artificial Inteligence Technical Review 2028 2024 366

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free. Risk Management Plan Definition. Risk Register, WBS). Monitoring Risks.

Risk Management 105

Risk Management Risk Planning Technical Review 105

TechEmpower - Project Management

MARCH 4, 2024

The shift towards AI-driven ad technologies enables brands to set and achieve highly specific engagement KPIs, moving away from generic strategies to more personalized, data-driven approaches that resonate with their target audience. It also facilitates rapid prototyping, allowing for quicker iterations and thus shorter development cycles.

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Generative AI CTO Hire Fractional CTO Healthcare 118

The IIL Blog

FEBRUARY 14, 2024

The project management landscape is undergoing a seismic shift, with generative AI emerging as a game-changer. IIL’s course offerings delve into the “how” of generative AI solutions, providing a roadmap for organizations looking to integrate this technology into their project management workflows. Register here.

Generative AI 156

Generative AI Innovation Risk Management Leadership 156

Project Risk Coach

AUGUST 19, 2019

So, what are project risk owners and how should project managers identify and assign them? Imagine that you are the project manager of a two-year, multi-million dollar project. One of your team members calls upset that a major risk has occurred. If we don't identify and recruit risk owners, this will never happen.

Risk 261

Risk Risk Management Monitoring Executing 261