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

Rebel’s Guide to PM

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. So how do you balance your need to make small changes on a regular basis and the sponsor’s role of being the ultimate decision-maker about changes?

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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

That creates a dilemma: how to spend their budget. How do you go about creating a capital improvement plan document? A capital improvement plan (CIP) is used by organizations to make smart budgeting decisions on which large projects or purchases to pursue. How to Create a Capital Improvement Plan. Submission.

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Episode 185 – Redefining Project Success through Sustainable Project Management

Velociteach

Projects are instrumental in defining an organization’s vision for a more sustainable future. Dr. Joel Carboni talks about Sustainable Project Management, and the goal to achieve a stated objective while considering the project outcome’s entire lifecycle to ensure a net positive environmental, social, and economic impact.

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Why you need to engage stakeholders (and how to do it well)

Rebel’s Guide to PM

Read next: my book Engaging Stakeholders on Projects: How to harness people power. Engagement serves two aims: It creates, uses and sustains positive interest in the work. People don’t complete their tasks on time, to the required level of quality, to the approved budget, or perhaps at all. How to do engagement.

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How to Budget For Your Company’s Technical Debt

Zen Project Management

Budgeting for technical debt There are two parts to budgeting for technical debt. It’s similar to the error budget in Systems Reliability Engineering that helps product development and system reliability teams work together on a level of unreliability that can be tolerated.

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

Rebel’s Guide to PM

Projects always have certain constraints – there may be an urgency to complete a project because of external market factors, for example; or there may have to be tightly controlled costs because of a fixed or limited budget. Cost Many projects have fixed or maximum budgets that cannot be exceeded. What is the Triple Constraint?

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Shop Floor Management: Planning, Scheduling and Control

ProjectManager.com

Implement the 5S Method From Lean Manufacturing The 5s method used in lean manufacturing is a methodology for organizing, cleaning, developing and sustaining a productive work environment. Sustain (Shitsuke): Trian, educate and change habits while following the first four steps to enforce the entire methodology.