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

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. The more nationalities on your project team, the greater the risk of challenges. Read next: Overcoming bias in project management. The basics.

Influencer 461

Influencer Governance Government Consulting 461

Herding Cats

DECEMBER 30, 2017

One of the 4 summary root causes of project performance failures is Unrealistic Cost and Schedule Estimates based on inadequate risk-adjusted growth models. One notion in a governance paradigm is It's Not Your Money . Managing in the presence of uncertainty is standard business practice. This is how business works.

Estimate 61

Estimate Governance Government Risk Management 61

The Lazy Project Manager

FEBRUARY 18, 2020

The following article is the first of four in a series on ‘Project Business’ and is authored by Daniel Bévort. As such I am delighted to share these articles with you. Project Management as a Central Component of a Project Business. Since projects are temporary, managing a project is also temporary.

Retail 344

Retail Manufacturing 2002 Construction 344

Online PM Courses

JULY 30, 2018

It certainly is, and all you need to do is follow all the principles of good Project Management, including foreseeing and acting on all threats. These have been among our most popular and heavily-read articles, so I hope you’ll enjoy them. These articles include: How to get Better Project Management Results.

Governance 125

Governance Government Estimate Technical Review 125

Rebel’s Guide to PM

NOVEMBER 1, 2021

In this article, we’ll dive into the statistics and you’ll learn: The top challenges facing people managing several projects at once The key skills required for managing multiple projects The top tools for prioritizing work day-to-day. This wasn’t a survey about project portfolio management at the PMO level.

Underperforming Technical Team 341

Underperforming Technical Team Software Review Risk Management Engineering 341

The IIL Blog

JULY 12, 2023

By Cynthia Snyder Dionisio July 12, 2023 Even though the PMBOK ® Guide – Seventh Edition was released two years ago, there are still many project managers who are wondering how it is structured, and how they can use it. A Guide to the Project Management Body of Knowledge is what we call the PMBOK ® Guide.

2009 148

2009 PMI 2023 2018 148

MPUG

APRIL 18, 2024

For a deeper dive into defining scope and getting stakeholders on-board, refer to the previous article – Scope Creep: How to Prevent a Major Source of Project Failure. This article provides an overview of the scoping process in four steps. It is incumbent upon you to get your scope right during the definition stage.

Controlling 59

Controlling PMI Governance Government 59

Herding Cats

NOVEMBER 22, 2017

Paul Boos has a post about estimating and makes a case for the Principles of when NOT to estimate. This struck a cord around a bigger topic - the inversion of estimating. When should we NOT estimate? Then on to the original conjecture for No Estimates from Paul's post. That is, to make decision with “No estimates”.

Estimate 34

Estimate Governance Government Risk Management 34

Velociteach

APRIL 11, 2023

Including the project manager early in the process is advantageous. Critical decisions are made, and important assumptions, constraints, and risks are revealed. Effectively engaging and managing stakeholder expectations is a key to project success. Both also represent risks and should be documented on the risk register.

Underperforming Technical Team 77

Underperforming Technical Team Risk Management Estimate Risk 77

Project Pulse Journal

MARCH 7, 2024

What is A System for Value Delivery in Project Management Hajime Estanislao, PMP, CSM Are you a project manager looking to improve your project management skills and help your organization grow? Take the next step towards mastering the value delivery system and project management. What is a System for Value Delivery?

Governance 52

Governance Government Technical Review Sustainability 52

Herding Cats

NOVEMBER 27, 2016

An Estimate is a value inferred for a population of values based on data collected from a sample of data from that population. The estimate can also be produced parametrically or through a simulation (Monte Carlo is common, but Method of Moments is another we use). . Estimates can be about the past, present, or future.

Estimate 36

Estimate 2015 2017 Governance 36

Herding Cats

APRIL 29, 2017

What is an estimate? An estimate as a noun is an approximate calculation or judgment of the value, number, quantity, or extent of something. An estimate as a verb is to roughly calculate or judge the value, number, quantity, or extent of. But those estimates, nouns, and verbs themselves's have other attributes.

Estimate 46

Estimate Risk Management Risk SCRUM 46

Planview

JANUARY 19, 2023

However, many digital transformation initiatives struggle to deliver the expected financial value, with more than half lagging behind original estimates, according to a Gartner survey of CIOs. Portfolio Management: Turning Strategy into Plans A big part of portfolio management focuses on planning.

Underperforming Technical Team 97

Underperforming Technical Team PMO Initiating Risk Management 97

nTask

MAY 5, 2021

Project management involves making a lot of decisions and these decisions cannot always be easy. 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. These decisions, therefore, are not taken lightly. Enter cost benefit analysis.

Risk Management 136

Risk Management Estimate Risk Finance 136

Herding Cats

JUNE 18, 2017

Can you make a decision without an estimate? There are NO means of making a credible decision in the presence of uncertainty without estimating the outcome of that decision. These two points of view are the basis of any credible business management process. Don't assume, Estimate. This type of fallacy is common. .

Estimate 37

Estimate Risk Management Finance Risk 37

Velociteach

FEBRUARY 1, 2023

The project management plan (Plan) is a powerful tool. This article presents a framework for modeling project context and considerations for tailoring. Domain Management Plans describe how the project domains (PMI knowledge areas) will be planned, executed, and monitored. Governance All projects require oversight and governance.

Planning 52

Planning Technical Review Governance Government 52

Herding Cats

MAY 10, 2019

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. requires making estimates) ? Risk Management Papers. “A

Risk Management 38

Risk Management Risk Technical Review 2002 38

Herding Cats

NOVEMBER 3, 2017

Both uncertainties create the risk to the success of any project endeavor. Reduction or Mitigation of the risks generated by these uncertainties is the role of risk management. Risk Management is How Adults Manage Projects - Tim Lister. Related articles. IT Risk Management.

Estimate 34

Estimate Governance Government Manufacturing 34

Planio

APRIL 22, 2024

Project managers are born communicators. According to some estimates , PMs spend 90% of their time communicating with team members, sponsors, and stakeholders. Why is it so important in project management? Why is it so important in project management? This risk is under management, and no action is required at this stage.

Executing 88

Executing Fractional CTO Technical Review CTO Hire 88

Herding Cats

MARCH 17, 2019

Here are my collected works, presentations, briefings, journal papers, articles, white papers, and essays, used to increase the Probability of Project Success (PoPS) I've developed and applied over my career in the software-intensive system of systems domain. Business, Technical, Systems, Risk, and Project Management.

2003 54

2003 2011 2008 Performance Measurement 54

Herding Cats

MARCH 20, 2018

Estimating Software-Intensive Systems: Project, Products, and Processes , Richard D. Stutzke is a starting point for estimating software projects. I recommend it for anyone starting out in the estimating business all the way to seasoned veterans. Project decisions in the presence of uncertainty cannot be made without estimates.

Estimate 31

Estimate Manufacturing Risk Management Budget 31

Herding Cats

AUGUST 27, 2017

There's a recent post titled Four Fallacious Reasons to Estimate. It lists the usual suspects for why those spending the money think they don't have to estimate how much they plan to spend when they'll be done producing the value they've been assigned to produce for that expenditure. Let's look at each one in more detail.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

Herding Cats

MARCH 28, 2016

I listened to the final rant of Jon Stewart ( BIG CAUTION this show is from Cable and for Adults Only, just like Risk Management) and came away with inspiration for a post, which I've edited a bit to remove the phrases not applicable here. . So when you encounter some claim - estimates are the smell of dysfunction.

Estimate 39

Estimate Manufacturing Information Technology Governance 39

Proofhub

JANUARY 4, 2021

As you start your project, you need to take the initiative on the preparatory work, from preparing the scope, estimating the costs, assigning resources, and creating a project timeline, to getting sign-off on the key performance indicators. This helps the project manager ensure that time and resources are used properly.

Initiating 127

Initiating Underperforming Technical Team Risk Management Monitoring 127

Online PM Courses

MAY 7, 2018

A robust risk culture goes beyond having a strong basic risk management process. Some of my readers may hope to influence the risk culture of their whole organization. For you, the right aspiration is to build a positive risk culture within your project. What is Risk Culture? But these ideas scale.

Risk 91

Risk Risk Management Underperforming Technical Team Governance 91

Herding Cats

MAY 8, 2016

ways to make decisions with No Estimates. is not founded on any principle of business management, microeconomics of decision making, or principles of probability and statistics. can we make a decision in the presence of Uncertainty without making an estimate of the impact or outcome of that decision? An estimate is.

Estimate 28

Estimate Underperforming Technical Team Software Governance 28

Herding Cats

MAY 11, 2019

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. requires making estimates) ? De Meyer, C.

Risk Management 35

Risk Management Risk Technical Review 2002 35

Epicflow Blog

SEPTEMBER 6, 2023

This article is based on our webinar “ Project Management Disasters in Enterprises.” ” On LinkedIn, you can find numerous discussions about project management, project planning and scheduling techniques, portfolio management, and the like. So, what is portfolio management?

Governance 52

Governance Government Executing Consulting 52

International Institute for Learning

NOVEMBER 22, 2022

In 2009, IIL sponsored a global webinar entitled “Value-Driven Project Management”, where we discussed IIL’s predictions on what the future of project management might look like. Over the years, there have been changes in project management practices, some quick and some slow. The reasons are discussed in the following sections.

2001 79

2001 Governance Government 2009 79

Project-Management.pm

MAY 31, 2017

What is Portfolio Management? It’s one of those questions that can be really complicated when someone is not really that familiar with project or portfolio management. And what is project portfolio management being one of the questions that needs further understanding. What is project portfolio management ’s end journey?

Technical Review 137

Technical Review Governance Government Estimate 137

MPUG

JUNE 19, 2023

This learning may require adapting, and change orders are the mechanism to manage those changes. In this article, we will define change orders and provide steps for how to integrate change orders in Microsoft Project. Risk Mitigation If unforeseen risks or issues arise during the project, a change order may be required to address them.

Development Team Review 52

Development Team Review Software Review Risk Management Budget 52

Planio

JANUARY 2, 2023

For most project managers, it’s not the beginning or end of a project that’s difficult to plan for - it’s the “messy middle.” Estimate your task durations. In simple terms, the critical path method is a technique used by project managers to identify and schedule the most time-critical tasks for their projects. Clear priorities.

Planning 78

Planning Estimate Web Development Defining 78

Project-Management.pm

FEBRUARY 7, 2017

Various government agencies have been the successful producing result for the past years, thanks, to adhering to mandatory policies. With this, PMO will take over various components of the agency such as strategy , quality of the products, and enhancement of resource management. Implementing PMO is the key to combat such issue.

PMO 73

PMO Governance Government Risk Management 73

MPUG

APRIL 2, 2024

Project Management is a systematic and organized approach to planning, coordinating, and overseeing the work of a team to achieve a specific goal. Key to understanding Project Management, is to understand what a project is. Likewise, the project manager can set milestones, dates by which important aspects of the project need to be met.

Certification 52

Certification PMI Logistics Construction 52

International Institute for Learning

OCTOBER 4, 2022

All companies desire to remain competitive and continuously improve their project management performance by becoming more efficient and more effective in the execution of their project management processes. The internal organizational units can also be responsible for evaluating external literature related to project management.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

ProjectManager.com

AUGUST 29, 2023

Everything you need to know about project management terms is here in one list! Plus we’ve added handy links to help you dive deeper into different topics with videos, articles and even our round-up of all resources so you can put these important terms into practice with your projects.

Software Review 392

Software Review Underperforming Technical Team Lean Event Chain 392