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Is the triple constraint in project management still relevant? (Spoiler: No!)

Rebel’s Guide to PM

The most commonly used planning constraint method in project management was historically the “triple constraint” – time, cost and scope – sometimes known as the project management triangle or the “iron triangle” because it’s often shown as a triangle with the constraints at each vertex. What is the Triple Constraint?

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How to manage project tolerances (with PRINCE2® 7 guide)

Rebel’s Guide to PM

Tolerances are an important part of being able to work autonomously as a project manager. The project tolerance definition I use in my book, Project Manager , is this: Tolerances are how much you can flex within your project without having to go back for approval. Which level of management sets the project tolerances?

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15 Non-Academic Project Management Books to Earn PDUs

Rebel’s Guide to PM

You can earn PDUs (professional development units) for ongoing certification renewal, such as for the Project Management Professional (PMP)®, from reading. I’ve read, I’m guessing, over 150 management books in my career, and you can read my book reviews if you want to trawl through the archives. What books qualify for PDUs?

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What Is Risk Management and Why Is It Important?

MPUG

It’s easier to ignore the possibility of risks when the business is doing well — but not having a plan for potential unforeseen threats could be the most significant risk of all. The risk management process involves identifying, assessing, and controlling risk factors that threaten an organization’s earnings and assets.

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Who does what in Project Initiation in PRINCE2®

Rebel’s Guide to PM

The Initiating a Project process is designed to “establish solid foundations” according to the 2023 Managing Successful Projects official manual, also known as PRINCE2 7. Agree tailoring requirements The project manager is responsible for working out how to tailor the processes to fit the project. There are seven things to do.

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PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

PRINCE2® is a project management method. It’s structured, and experience-based, created from the lived experience of thousands of project managers and successful projects. It’s a customizable way of managing and controlling the work. Manage by exception I love this principle. What is PRINCE2®? Who is PRINCE2® for?

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Implementing Mitigation Strategies for Effective Risk Management

Wrike

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.