Scrum.org

SEPTEMBER 20, 2021

TL; DR: Estimates Are Useful, Just Ditch the Numbers. Many people dislike estimating work items as estimates supposedly open the path to the misuse of velocity by the managers, reintroducing Taylorism, micro-management, and excessive reporting through the backdoor. Shall I notify you about articles like this one?

Estimate 221

Estimate SCRUM 2022 Agile 221

The IIL Blog

JANUARY 24, 2024

Time and time again, I see organizations are not dealing with risk appropriately. Sure, they have a list of five to ten risks on their projects, but they are not managing their risk and are falling into risk management pitfalls. Some people would call this risk magic. PMBOK 5 th Edition, PMI. Well wait a minute.

Risk 78

Risk Risk Management 2012 PMI 78

Rebel’s Guide to PM

APRIL 22, 2024

Resource management is difficult because work is unpredictable and people aren’t very good at estimating! I’m sure you can think of some poor resource management examples. I suggest adding the relevant ones to your risk log so they are constantly under review. Worth having on your risk register! Here are some (anonymized!)

Technical Review 275

Technical Review PMO Risk Management Software Review 275

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

LiquidPlanner

FEBRUARY 14, 2022

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. 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.

Risk Management 167

Risk Management Risk 2012 Prince2 167

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

ProjectManager.com

FEBRUARY 27, 2024

Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. You can even use project planning templates to help you manage your project, track progress and risks. There’s also a section that addresses the project budget, risk and change management, which is essential to stay on track.

Planning 358

Planning Software Review Risk Management Budget 358

Planio

FEBRUARY 12, 2024

In this guide, we’ll go deep into what a competitive analysis should include and then provide a step-by-step guide (including examples and templates) to help you create your own. If you’re a founder, product strategist, or team leader looking to beat the competition and deliver for your customers, this article is for you!

Underperforming Technical Team 88

Underperforming Technical Team Technical Review Estimate Influencer 88

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. For example: a project management artifact is the project closure document. 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.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

Rebel’s Guide to PM

APRIL 8, 2022

We have forecast and actual dates, timesheets, budgets, databases of lessons learned , risks, issues and changes. For example, imagine reviewing estimates from the project team. As you enter their estimated effort for tasks, the software prompts you: Claire’s estimates were 20% under on her last five projects.

2022 428

2022 Artificial Inteligence Technical Review Software Review 428

Teamweek

NOVEMBER 3, 2023

Top-down estimating is a form of estimation where existing knowledge of similar projects is used in the estimation process to produce a ballpark figure for the total cost. Like other methods to estimate a new project’s cost , top-down estimation has advantages and disadvantages. What is top-down estimating?

Estimate 52

Estimate Budget Influencer Initiating 52

MPUG

SEPTEMBER 4, 2023

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Do agile projects have risks associated with them? And do we want to let those risks run wild without any effort to contain them? So, yes, of course, we need risk management in agile projects.

Risk Management 98

Risk Management Risk Agile Technical Review 98

Leading Answers

JANUARY 16, 2021

This article explains what a risk-adjusted backlog is, why they are useful, how to create one and how teams work with them. What is a Risk-Adjusted Backlog? A risk-adjusted backlog is a backlog that contains activities relating to managing risk in addition to the usual features associated with delivering value.

Risk 145

Risk Underperforming Technical Team 2006 2012 145

Teamweek

DECEMBER 22, 2023

Parametric estimation is a crucial estimation technique in project management. That’s because parametric estimations are highly accurate and take some guesswork from your estimation process. What is parametric estimating? The more granular the parameter, the more accurate the estimate.

Estimate 52

Estimate Software Review Project Cost Risk Management 52

MPUG

APRIL 2, 2020

can become an accurate estimating tool for top-down (Analogous) and bottom-up (Parametric) estimating. Unfortunately, the large majority of project managers estimate tasks with durations and update tasks by entering %-complete as reported by team members. Using a Schedule Template for Estimating. It’s not hard to do.

Estimate 105

Estimate 2016 2019 Risk Management 105

Rebel’s Guide to PM

MAY 3, 2022

In this article, you’ll learn about 20 things to include in a project plan. Example project schedule. Example of a RACI Chart. Risk management plan. Here’s where you set out how you are going to manage risk. Document how often you will review risks, what can be dealt with by the team and what should be escalated.

Planning 317

Planning Software Review Risk Management Estimate 317

MPUG

JANUARY 8, 2024

The solution, of course, is estimating. There is a whole science to estimation, and it would be possible to go very deeply into this. But before we start, let’s tackle the Estimation Elephant in the Room…. The estimation techniques they use are a deliberate trade-off between speed and accuracy.

Estimate 52

Estimate Technical Review Risk Management Closing 52

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

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. For example: a project management artifact is the project closure document. For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact.

Logistics 253

Logistics Artificial Inteligence PMI Performance Measurement 253

Rebel’s Guide to PM

FEBRUARY 5, 2024

In this article we’ll look at how to segment costs, how to find out the cost of things, and then how to structure your budget. This guide is most helpful for developing project budgets for projects that are approved or close to being approved, for example as input to a business case. Accurate estimates give you an accurate budget.

Budget 301

Budget Project Cost Estimate Finance 301

Scrum.org

JANUARY 29, 2024

See our article What is Iterative, Incremental Delivery? The Hunt for the Perfect Example for more about how to explain Incremental delivery to your team.) In this article, we'll explore - and debunk! Objection: "We can't accurately estimate delivery timelines with incremental delivery."

Software 188

Software Estimate SCRUM Risk Management 188

Rebel’s Guide to PM

FEBRUARY 12, 2024

Skill #2: Managing risks Risk management is a core skill for a project manager, and one that I would hesitate to ‘outsource’ to a team member. So much of risk management is tied up in being able to see the big picture, and as a project manager you are best placed to do that. Check that you know who needs to approve changes.

Finance 313

Finance Risk Management Budget Risk 313

PM Basics

MARCH 5, 2019

How to select a Risk Response Strategy? But let me simplify it for you in this article. Here you will find examples of risk responses for both threats and opportunities. But there’s a catch: You may have a limited mindset in regards to dealing with risks. Project Risk Management Overview. Sounds complicated.

Risk 84

Risk Underperforming Technical Team Technical Review Risk Management 84

PM Basics

OCTOBER 2, 2018

Delphi Technique Example. He might point out some risks in estimation and real-life benefits. What risks do you see? All of these helps you to identify risks. If you liked this article, please share it on LinkedIn. For sure, I could open a developer’s documentation and try to read it. Here is what I did.

Development Team Review 189

Development Team Review Risk Management Risk Estimate 189

Teamweek

AUGUST 1, 2022

Project cost estimation can be challenging, especially when the project is complicated and has many moving parts. In this guide, you’ll learn: What a project cost estimate is Why most project cost estimates are terrible How to create an accurate project estimate What to do after creating your project cost estimate.

Estimate 52

Estimate Project Cost Web Development Software Review 52

Rebel’s Guide to PM

MARCH 23, 2023

In other words, if you are finding that the ‘guess how long a task takes’ school of estimating and project planning isn’t working out for you, then this course will quickly help you up your game. It covers cost control, work breakdown structures, schedule risk analysis, cost risk analysis: these are weighty topics.

Technical Review 465

Technical Review Planning Certification Risk Management 465

MPUG

JUNE 6, 2022

Considering another example of counting the number of children in households of a locality, you will come-up with results such as 0 child, 1 child, 2 children, etc. For example, let’s say you are determining the distribution of age, weight, or height of people in a locality. But, how does all of this fit into Risk Management?

Risk Management 64

Risk Management Risk Estimate 2019 64

Teamweek

JULY 17, 2023

In this article, you’ll learn about the three types of capacity planning strategies — lag, lead, and match. You’ll learn: What each strategy means Their advantages and disadvantages And a practical example for each strategy But first: Let’s quickly recap what capacity planning is. As a result, it helps avoid unnecessary expenses.

Planning 52

Planning Underperforming Technical Team Risk Management Consulting 52

Teamweek

JULY 29, 2022

“ I’ve done this a million times–let’s skip estimating just this once.”. You rush through the beginning estimates only to miss deadlines, blow budgets, and draw raised eyebrows from clients. In this guide we’ll cover: What are project estimation techniques? What are project estimation techniques? Cost estimations.

Estimate 52

Estimate Software Review Risk Management Budget 52

Rebel’s Guide to PM

JUNE 25, 2020

In this article we’ll talk about the different types of bias in project management. Anchoring occurs when a project manager adjusts an estimate closer to a number she previously heard or saw. For example, she may not schedule the necessary two months for a task because the technician said, “Two weeks should do it!”

Technical Review 487

Technical Review 2007 Finance Estimate 487

MPUG

JULY 8, 2019

That is why duration estimation is one of the most important aspects of project management. In most real life scenarios, clients and mangers are reasonable, giving us some freedom to determine duration estimates for doing our tasks, but this can create other problems. The Estimation Problem. Can there be “exact estimates”?

Estimate 99

Estimate Transportation Influencer Risk Management 99

Rebel’s Guide to PM

JANUARY 31, 2024

Make sure that you are thinking realistically about estimates and the likelihood of risk affecting your ability to deliver. For example, we use pair programming to ensure that software errors are less likely to make it into the final version and that the quality of the code is as good as it can be.

Software Review 325

Software Review Technical Review Budget Defining 325

PM Basics

SEPTEMBER 14, 2022

Below, I want to give an example of what you need to do to get from stakeholder requirements to actual tasks that your team will have to perform. Scope Decomposition Example. There are different best practices on how and when to collect emails for example, when a person visits a site or when they want to leave it. com website.

Technical Review 110

Technical Review Software Review Project Life Cycle Consulting 110

Rebel’s Guide to PM

DECEMBER 17, 2022

In this article, I’ll give you some tips about how to be aware of the impact of culture on communication at work and how to create an environment that is inclusive. For example, in the United States, eye contact is often interpreted as a sign of interest or attentiveness. The basics. And the more awesome the team is likely to be.

Influencer 461

Influencer Governance Government Consulting 461

Rebel’s Guide to PM

OCTOBER 7, 2023

Submit your emails in a Google Doc with the settings set to public so anyone can read it – otherwise you risk your peer reviewer not being able to give your project documents any marks at all. Below, you can see my assignment as an example. Next, fill in the time estimates for project tasks.

Certification 302

Certification Software Review Estimate Risk Management 302

Wrike

OCTOBER 4, 2023

Accurate construction cost estimates are crucial for successful project planning and execution. Understanding the Basics of Construction Budgeting Accurate cost estimation is the cornerstone of construction budgeting. Moreover, accurate cost estimates play a crucial role in financial planning and control.

Construction 36

Construction Estimate Budget Technical Review 36

Project Risk Coach

MAY 28, 2019

After publishing my article entitled Evaluating Risks Using Qualitative Risk Analysis , I received questions on how to determine project budget reserves. Question #1 After evaluating risks qualitatively, do you set aside some dollars for a contingency reserve ? Question #2 How do we estimate a contingency reserve?

Budget 186

Budget Estimate Risk Management Project Cost 186