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Uncovering the Benefits of Clear Risk Statements

Project Risk Coach

I've looked at many risk registers through the years, and I've had difficulty understanding the risks many times. The risk statements were vague and lacked consistency. In this article, let's explore the benefits of clear risk statements. An accurate picture of one’s risk is important for making sound decisions.

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Project Management Process Groups: A Quick Guide

ProjectManager.com

To keep to your schedule and manage costs, you need to gather and process project data throughout the five PMBOK project management groups. What Are the 5 PMBOK Project Management Process Groups? Project management software helps project managers stay on top of each of these process groups. Risk control. Initiating Phase.

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7 Ways to Identify Risks

Project Risk Coach

Successful project managers have a common trait – they identify and manage risks. Let’s look at seven tools and techniques to identify risks. They get the team together, identify lots of risks, and enter them into an Excel spreadsheet. However, the risks are never discussed again. When to Identify Risks.

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Industrial Construction: Examples of Industrial Projects

ProjectManager.com

The permitting process is also different. There will also be heavy ductwork and high-capacity systems for ventilation and exhaust to remove any harmful chemicals and fumes released during the manufacturing process. This energy needs to be then delivered outside of the building, all of which creates a complicated and long process.

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Project Risks and Issues – What’s the Difference?

Project Risk Coach

And it's costing you more time and energy than you thought possible. Well, let's talk about project risks and issues, the differences, and why it's so important to manage risks. What is Risk? Let's examine a risk statement and underscore some key attributes of risks. So, how does an issue differ from a risk?

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How to Track Resource Availability In Project Management

ProjectManager.com

Executing projects to meet deadlines without overspending the budget requires a project manager to understand resource availability. It’s part of the larger process of resource management. Intangible resources aren’t material, such as energy, morale, time, information, etc. For most projects, energy is electricity.

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How to Make a Maintenance Schedule (Template Included)

ProjectManager.com

It keeps equipment in optimal working condition, which leads to more efficiency and quality and keeps work on time and within budget. A maintenance schedule is the process by which maintenance departments plan, organize and coordinate the activities involved in equipment maintenance to make sure that everything is working properly.