MPUG

APRIL 10, 2023

In this article, we will explore the importance of project initiation, cover best practices, and share 6 key steps for how project managers can get their projects started on the right foot. What is Project Initiation? Project initiation is the first phase of the project management life cycle.

Initiating 59

Initiating Technical Review Risk Management Defining 59

Rebel’s Guide to PM

APRIL 22, 2024

I suggest adding the relevant ones to your risk log so they are constantly under review. People will be assigned to lower priority work, meaning you don’t have the right skills or people available to work on your strategic initiatives. Worth having on your risk register! Below are some of the most common resource challenges.

Technical Review 275

Technical Review PMO Risk Management Software Review 275

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? An organization’s risk champion (e.g.,

Risk Management 240

Risk Management Risk PMI Technical Review 240

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? Strategy artifacts.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

Rebel’s Guide to PM

MARCH 12, 2022

For simplicity, and because the UK government uses the terminology of gate review, that’s what I’m going with in this article. Risk management. Project risk can be re-evaluated, and that can provide useful information for the program or portfolio team. Benefits of gate reviews. Stakeholder engagement.

Prince2 389

Prince2 Governance Government PMO 389

PM Basics

SEPTEMBER 8, 2022

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. Risk management process is a structured approach to identifying, assessing, addressing, and controlling risks. So, let’s dive in!

Risk Management 104

Risk Management Risk Process Underperforming Technical Team 104

Rebel’s Guide to PM

APRIL 8, 2022

We have forecast and actual dates, timesheets, budgets, databases of lessons learned , risks, issues and changes. A version of this article first appeared in Business & Industry in 2019. This article first appeared at Rebel's Guide to Project Management. Give us more data.

2022 428

2022 Artificial Inteligence Technical Review Software Review 428

ProjectManager.com

MARCH 31, 2023

Budgets are also part of a project. A project budget outlines these expenditures. Initiation: Here’s where you set out the project scope , the goals, the organization of the project, its business case, its constraints, who the stakeholders are, what the risks are, the project controls, the reporting framework, etc.

Project Life Cycle 402

Project Life Cycle Software Review Monitoring Budget 402

Rebel’s Guide to PM

JULY 28, 2023

B Blue Project closed R Red Project is likely to deliver late/over budget A Amber Project has missed some targets but overall end date/budget is not at risk G Green Project on track As you can see, this equates to the acronym BRAG. There’s a significant level of project risk with no plans to address that risk.

Software Review 280

Software Review PMO Risk Management Closing 280

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

Rebel’s Guide to PM

FEBRUARY 2, 2024

You won’t know if the risk log is sound and the resource planning sensible until you investigate. 6: Review the budget Is the budget approved? Action if there is no budget plan or information: Back to the PMO or your Finance team. Go back to the PMO, they should be prioritizing initiatives. How do you spend it?

PMO 296

PMO Governance Government Budget 296

The IIL Blog

DECEMBER 20, 2023

To start with, this article will provide you with some key definitions in the world of AI. While there are more ways to work with AI than can possibly be described in a simple article, we want to provide you with some ideas on how Chatbots, like ChatGPT and Bard, can help you with project origination and planning.

Artificial Inteligence 167

Artificial Inteligence Generative AI ChatGPT Software Review 167

Rebel’s Guide to PM

OCTOBER 10, 2022

They also are the main risk-taker and decision-maker on the project so it’s important to have them around. It’s made up of lots of sub-plans that cover how you are going to manage quality, risk, change, resources, and so on, so it’s the foundations for the governance and structure for the work. You have a plan. Further reading.

Governance 419

Governance Government PMO 2016 419

Rebel’s Guide to PM

JULY 11, 2022

Here’s how to showcase your projects on your CV (as we call a resume here in the UK, and I’ll use both terms interchangeably in this article) to make it clear what you are capable of. If you work in legal project management , talk about your process improvement initiatives or projects relevant to the job you are going for today.

Technical Review 426

Technical Review Budget Prince2 Software Review 426

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

The IIL Blog

JANUARY 3, 2024

To start with, this article will provide you with some key definitions in the world of AI. While there are more ways to work with AI than can possibly be described in a simple article, we want to provide you with some ideas on how Chatbots, like ChatGPT and Bard, can help you with project origination and planning.

Artificial Inteligence 154

Artificial Inteligence Generative AI ChatGPT Software Review 154

Rebel’s Guide to PM

NOVEMBER 25, 2023

We challenge leaders, we talk about risk and what might go wrong and we call people out on poor performance through project monitoring and control. In this article, we’ll look at the causes of team conflict on projects, how to identify conflict and resolution strategies so you can all get back to work. What is team conflict?

Underperforming Technical Team 319

Underperforming Technical Team Software Review Risk Management 2012 319

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). Risk Management Plan Template.

Risk Management 105

Risk Management Risk Planning Technical Review 105

Inloox

MAY 30, 2022

Lack of risk management. The costs, initially estimated at 190 million euros, have now risen to 332 million euros and are expected to keep increasing. External influences Even in the case of almost perfectly planned projects, external circumstances can require adjustments in budgets and schedules. Budget and time planning.

Infrastructure 235

Infrastructure Construction Software Review 2014 235

Rebel’s Guide to PM

APRIL 24, 2023

From examples of project activities in a business versus operational activities to strategies for balancing projects and operations simultaneously — this article will help you understand the differences and consider the similarities. To be honest, I even put my wedding in Microsoft Project.

Retail 400

Retail Governance Government Healthcare 400

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

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

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. Suggest mitigation strategies for the top five high-impact risks.” Consider these factors: team member skills, availability, budget, and project timeline.

PMO 88

PMO Generative AI Technical Review Software Review 88

Rebel’s Guide to PM

NOVEMBER 7, 2022

Backfilling can be tricky, but with our guide, you’ll know everything you need to in order to successfully fill the gaps in your team and budget for project resources. A key resource is asked to commit some or all of their week to another initiative like a project. Does your project budget include funding for backfill?

Budget 387

Budget Risk Management Controlling Risk 387

Rebel’s Guide to PM

SEPTEMBER 14, 2020

One of the reasons for that is scope creep – and that’s what this article is all about. By the way, the answer to that question is: “Yes, let me analyze what the impact will be and bring you a recommendation for what that means for our current budget and timeline.”). What is scope creep? What’s so bad about scope creep anyway?

Underperforming Technical Team 450

Underperforming Technical Team 2009 Controlling Risk Management 450

MPUG

MARCH 16, 2020

Most people hear “project risk” and they think of an adverse event or threat that may occur. Regardless, the term carries a negative connotation, but this common belief means you may be missing out on positive risks or opportunities that potentially have a beneficial effect on your project’s deliverables and goals.

Risk 105

Risk Risk Management Infrastructure PMI 105

Rebel’s Guide to PM

APRIL 5, 2022

The ones that hit the papers are often public sector projects because their audits and budgets are more open to scrutiny. It also cost ten times more than the original budget, finally coming in at £430 million. The planned spa complex to boost tourism in Bath was originally budget at £13.5 billion to £10.9

Technical Review 264

Technical Review 2007 Software Review 2005 264

Wrike

SEPTEMBER 2, 2023

In project management, one of the key factors that contributes to the successful completion of a project is a well-structured and comprehensive budget plan. A project budget plan serves as a roadmap for financial control, enabling organizations to allocate resources effectively, monitor expenses, and ensure the project stays on track.

Budget 36

Budget Controlling Planning Technical Review 36

MPUG

NOVEMBER 28, 2022

For most of us, risks and risk management are a part of everyday life. From the time we wake up to the time we settle in for sleep at night, our days are filled with making decisions both big and small that help us manage and prevent potential risks. Essentially, we’re all risk management pros, whether we know it or not. .

Risk Management 59

Risk Management Risk Underperforming Technical Team Leadership 59

Rebel’s Guide to PM

AUGUST 6, 2022

In this article we’ll look at what is a project board, and other names they are known by, who should be there, when to schedule meetings, what to talk about, how to report to this group and lots more so you can make sure it’s working effectively and efficiently. Budget position. Risks and issues. Action updates.

Governance 352

Governance Government Risk Management Technical Review 352

The IIL Blog

NOVEMBER 8, 2023

In this article, I explore some of the implications and impacts of AI on portfolio management and some key considerations for organisations striving to adopt this transformative technology in that context. It empowers organisations to prioritise initiatives based on potential impact, cost-effectiveness, and alignment with their missions.

Artificial Inteligence 164

Artificial Inteligence Underperforming Technical Team 2023 Innovation 164

The IIL Blog

OCTOBER 17, 2023

hours, personnel needed, and/or tasks) to ensure that a project can be completed on time and within budget. Change Control A formal process of documenting, reviewing, approving, and managing a change to a project’s scope, schedule, budget, or quality parameters. This is generally initiated by the customer/client or stakeholders.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

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. Risk Manager Risk management is a relatively new field in business management that is currently booming.

2024 78

2024 Finance Certification Risk Management 78

Scrum.org

AUGUST 1, 2022

As a project manager, I have delivered many complex initiatives, from re-platforming a consumer products website to doubling the size of a line of business. The Project Management Body of Knowledge (PMBOK) defines the five process groups as Initiate, Planning, Execution, Monitor & Control and Closing. . Monitoring and Controlling.

Agile 230

Agile Monitoring SCRUM Technical Review 230

Rebel’s Guide to PM

APRIL 21, 2021

A Bad Project Manager does not understand domain areas , and they do not take the initiative to build up their knowledge base. Instead, he or she provides recommendations and options as well as highlights potential risks to consider in order to estimate a given task. They constantly make excuses when issues arise on their projects.

2021 477

2021 PMO Executing Risk Management 477

Rebel’s Guide to PM

JUNE 22, 2020

In this article I’ll share my top 15 project management tools that I use for managing multiple projects. RAID traditionally stands for Risks, Assumptions, Issues and Dependencies, but for me it’s a multi-tabbed Excel workbook that covers the project areas that need updating the most. My Budget Tracker. My Notebook.

Technical Review 358

Technical Review Software Review Budget Risk Management 358

ProjectManager.com

JANUARY 8, 2021

The more accurate your estimates, the more likely you’ll keep to your budget and deliver a project on time. It’s how you build a budget by figuring out as best as possible what your project costs will be, including resources and how long you’ll need them for. Download the Project Estimate Template. Why You Need an Estimate Template.

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Estimate Budget Executing Monitoring 381