Epicflow Blog

MARCH 22, 2024

This article is inspired by the webinar featuring Epicflow co-founder Jan Willem Tromp and professor Mario Vanhoucke based on his latest book “The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control”. So, what do you need for an efficient risk analysis?

Risk Management 52

Risk Management Controlling Risk Aerospace 52

Rebel’s Guide to PM

APRIL 5, 2024

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide -- Sixth Edition. All the things you need to know and do for successful risk management, for example, are bundled under the Risk Management Knowledge Area. How many knowledge areas are there in project management?

PMI 201

PMI Risk Management Risk Technical Review 201

Rebel’s Guide to PM

JULY 22, 2019

Creating a project budget involves: being able to identify all the items that are going to cost money building a complete picture of what you need to spend getting approval for that amount. So it’s worth spending some time on making sure your budget is comprehensive. Direct costs are going to form the bulk of your project budget.

Budget 292

Budget 2014 Project Cost Finance 292

Project Risk Coach

MARCH 2, 2016

John Smith was hired as a new project manager at a leasing company, and he was assigned a small project with a team of six people. How well did John use risk management to accomplish his goal? He and his team completed a project plan and identified project risks. Improving Risk Management.

Risk Management 170

Risk Management Risk Technical Review Software Review 170

ProjectManager.com

NOVEMBER 2, 2022

However, in project management, project assumptions are essential for planning a project. Let’s take a look at how project assumptions are defined in project management and why they’re so important. Then we’ll learn about a project assumption log and how assumptions differ from constraints and risk.

Software Review 316

Software Review Risk Management Technical Review Risk 316

Rebel’s Guide to PM

JANUARY 8, 2024

It would be nice to think that every company has a formal mentoring scheme , and that as a new project manager you can tap into the experience of more experienced people. As a result, people managing projects for the first time often find themselves making mistakes. Learn the vocab Project management has a lot of jargon.

Risk Management 317

Risk Management Underperforming Technical Team Risk Controlling 317

Kiron Bondale

FEBRUARY 20, 2022

Project management standards such as the PMBOK® Guide, Sixth Edition state that contingency reserves, which are established to offset the cost or schedule impacts of realized identified risks, are considered part of the project budget and cost baseline. This matches my own experience from the previous two companies I worked for.

Risk Management 328

Risk Management PMI Construction Budget 328

PM Basics

SEPTEMBER 8, 2022

It is hard to imagine what you can do with a project risk. What can you, as a project manager, do to mitigate a risk? Adding some risk reserves and removing requirements from the scope are not the only options. I want to share some stories of risk management with you. Risk of Losing an Important Team Member.

Risk Management 52

Risk Management Risk Underperforming Technical Team Technical Review 52

Rebel’s Guide to PM

AUGUST 8, 2022

Planning is an essential part of what project managers do, so you would expect there to be some mention of how to deal with fixed date projects in the PRINCE2® manuals. Project managers still need some guidance on how to manage projects that have a fixed date. There isn’t. So that’s good.

Prince2 392

Prince2 Software Review Risk Management Risk 392

ProjectManager.com

AUGUST 29, 2023

Everything you need to know about project management terms is here in one list! Check back often, as this list of project management terminology is ever-evolving, just like project management itself! Check back often, as this list of project management terminology is ever-evolving, just like project management itself!

Software Review 392

Software Review Underperforming Technical Team Lean Event Chain 392

Rebel’s Guide to PM

JANUARY 31, 2024

Everyone wants their projects to be “quality” but I often get asked about how to manage project quality in real life. You probably already know that you need a quality management plan , and that management, assurance and control are the pillars of doing it right. What does it mean to “do” project quality?

Software Review 325

Software Review Technical Review Budget Defining 325

ProjectManager.com

AUGUST 4, 2022

That’s a long and complicated journey in construction project management, which is why knowing the best construction delivery method is so important. There are many different types, from design-bid-build, design-build and construction manager at risk to integrated project delivery, job order contracting and public-private partnerships.

Construction 297

Construction Risk Management Risk Closing 297

Rebel’s Guide to PM

MAY 22, 2022

The book includes a list of 50 secrets in Appendix D which is a summary of The Standish Group’s Chaos Manifesto 2012: The Year of the Executive Sponsor. Understand project management techniques. Yes, this is the job of the project manager, but you don’t want them to be able to bamboozle you with jargon. Those are the headlines.

2012 371

2012 2013 Risk Management PMI 371

Rebel’s Guide to PM

FEBRUARY 2, 2024

The previous project manager might have moved on to do something else and you’ve got the project as part of an internal reshuffle of resources. If this is all new to you, check out PMI Kickoff , a free overview of all things project management that will help get you started. Action if not clear: Talk to your sponsor or line manager.

PMO 296

PMO Governance Government Budget 296

Rebel’s Guide to PM

APRIL 21, 2021

What makes a bad project manager? And how can you be a good project manager? In this extract from their new book, Jahn Karsybaev and Fred Obiero share the characteristics and behaviors of successful and unsuccessful project leaders. A Bad Project Manager is a bystander, not a leader. — Leadership. Fred Obiero.

2021 477

2021 PMO Executing Risk Management 477

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. The project management plan is the responsibility of the project manager, although everyone in the team will end up having input to it. We recommend: Project Management Plan Template. You manage lessons learned.

Governance 419

Governance Government PMO 2016 419

Rebel’s Guide to PM

SEPTEMBER 29, 2022

I bet you have plenty of project management processes, don’t you? One for risk, one for escalations, one for changes, issues, new project kick-off, closure, logging dependencies… the list goes on and on. Let’s look at 5 common reasons why processes fail to serve you when managing projects and what you can do about them.

Process 371

Process PMO Risk Management Software Review 371

Scoro

MARCH 6, 2024

Project budgeting software is necessary for managing costs and ensuring a project is profitable. In this guide, we’ll compare the best project budgeting software for project managers. For example, Scoro’s “Project list” view allows you to track the status of and manage multiple projects at a portfolio level.

Budget 52

Budget Software Review Software Estimate 52

ProjectManager.com

FEBRUARY 7, 2023

Like an opening sentence in a book that keeps you reading, the project summary must capture your attention and pull you through the project proposal. It’s good to have all that documentation in project management software so you can easily turn the project summary into a project plan. A budget baseline is also helpful.

Budget 296

Budget Risk Management Executing Estimate 296

ProjectManager.com

MAY 19, 2022

Successful CEOs Ram Charan and Larry Bossidy define execution in their book Executive: The Discipline of Getting Things Done : “Execution is a specific set of behaviors and techniques that companies need to master in order to have a competitive advantage. During this phase a project leader will focus on these key processes: Managing people.

Executing 499

Executing Project Life Cycle Software Review Technical Review 499

ProjectManager.com

OCTOBER 19, 2022

It’s a great tool for determining the costs of your project because, though it’s not 100 percent accurate, it’s statistically on target and better than basing the budget on your gut. Whatever estimate you come up with after doing a rough order of magnitude, you’ll need to track those costs as they accrue to keep to your budget.

Estimate 345

Estimate Software Review Budget Project Cost 345

nTask

JUNE 10, 2021

To put it simply; we are excited to bring a revamped Risk register with a bunch of exciting new features dedicated to acing Risk mitigation like a pro. There are custom fields, checklists, new drop-down options, Risk Matrix charts like never before, and much more. What’s New with nTask Risk Management Module?

Risk 78

Risk Risk Management Defining Lean 78

Kiron Bondale

NOVEMBER 28, 2021

wrote The Mythical Man Month, he provided project managers with the valuable caution which later was named Brooks’ Law: “ Adding manpower to a late software project makes it later “ While there are always exceptions, this statement is generally true. as well as a number of other online book stores).

Underperforming Technical Team 207

Underperforming Technical Team Risk Management Budget Risk 207

ProjectManager.com

APRIL 29, 2022

Project managers know the importance of having project documentation. Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start? The term project documentation refers to the project management documents that are created throughout the project life cycle.

Project Life Cycle 358

Project Life Cycle Software Review Infrastructure Risk Management 358

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. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. For example: a project management artifact is the project closure document.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

Teamweek

FEBRUARY 2, 2023

We often plan a project with this overly optimistic mindset — never considering the myriad of project risks out there. So we’ll explore the most common project risks (and how to prevent them) in this guide. 11 common types of project risks It’s important to remember that risks don’t always appear as a dark, foreboding catastrophes.

Risk 95

Risk Estimate Risk Management ChatGPT 95

Rebel’s Guide to PM

JUNE 22, 2020

Why is stakeholder management important to project success? However, stakeholder management is a very narrow way of looking at how we work with people on projects to achieve a common goal. What is stakeholder management? However, there are other reasons for doing stakeholder management. Reduce and Uncover Risk.

Finance 343

Finance Risk Management Software Review Influencer 343

The IIL Blog

DECEMBER 20, 2023

And so, we were not at all surprised to see that at IIL’s November International Project Management Day Virtual Conference , the most attendance in any one session was at the panel discussion on, you guessed it: AI. What does it mean for me in my role as a Project Manager? Scenario-Based Prompts.

Artificial Inteligence 167

Artificial Inteligence Generative AI ChatGPT Software Review 167

Rebel’s Guide to PM

JUNE 12, 2020

Tolerances are an important part of being able to work autonomously as a project manager. However, the project sponsor is the person responsible for decisions that affect the project budget and the schedule, where making a change would deviate from the agreed plan. Which level of management sets the project tolerances?

Prince2 333

Prince2 Risk Management Budget Risk 333

The IIL Blog

JANUARY 3, 2024

And so, we were not at all surprised to see that at IIL’s November International Project Management Day Virtual Conference , the most attendance in any one session was at the panel discussion on, you guessed it: AI. What does it mean for me in my role as a Project Manager? Scenario-Based Prompts.

Artificial Inteligence 154

Artificial Inteligence Generative AI ChatGPT Software Review 154

ProjectManager.com

APRIL 19, 2024

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Kanban?

SCRUM 411

SCRUM Manufacturing 2001 Agile 411

Kiron Bondale

MAY 8, 2023

I read a number of project leadership books each year but usually I find only one or two which really make an impact. Professor Bent Flyvbjerg and Dan Gardner ‘s book “ How Big Things Get Done ” is one of the latter. In the book, the authors provide many case studies supporting eleven heuristics derived from Prof.

Aerospace 177

Aerospace Construction Leadership Risk Management 177

Rebel’s Guide to PM

MAY 10, 2021

I recently spoke with Anna of Women in PM Network on Clubhouse about project management career tips. Anna recommended that achievements are quantified e.g. delivering ahead of schedule or within budget. Kat suggested reaching out to the manager of the HR agency and see if you can build a relationship with them.

Certification 501

Certification Risk Management Monitoring Risk 501

Scrum.org

JANUARY 8, 2024

Preorder the Scrum Anti-Patterns Guide book now for delivery in January 2024! ? Abstract When faced with uncertainty, risk, and complexity, our natural response is to focus on what we know and to spend more time talking, analyzing, planning, and predicting. What if your humble plans become over-budget? If so, how did it go ??

Agile 161

Agile Planning 2024 Consulting 161

MPUG

MARCH 15, 2024

Understanding AI in Project Management Artificial intelligence (AI) is all the rave. In earlier versions, we used it for book research and found the information from the prompt was way off base. Somehow, all historical data from projects, documentation, metrics, risk analysis, organization goals, and monitoring, external data (e.g.,

Artificial Inteligence 116

Artificial Inteligence Technical Review Healthcare Risk Management 116

MPUG

FEBRUARY 6, 2023

Risk Identification Techniques At the start of every project, you as a project manager (PM) have a lot of important things to do, and you don’t want to forget any of them. The risk management process is core to our practice of Project Management. Some will, rightly, want to minimize all scope for risk.

Risk 59

Risk Risk Management Innovation Energy 59

PM Basics

SEPTEMBER 8, 2022

Qualitative risk analysis boosts the chances for project success dramatically. If I were to choose one thing to improve in my project management – it would be it. I honestly believe that this risk analysis in more than enough for small and medium projects. The qualitative risk analysis process is quite simple.

Risk 59

Risk Risk Management Software Review Technical Review 59