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How Poor Risk Management Is Hurting Your Program

Project Risk Coach

Poor risk management is costly. Let's look at the cost of poor risk management through the example of Tom Whitley. The Risk Management Mistakes of Tom Whitley The Star Mutual Insurance Company (SMIC) hired Tom Whitley as a project manager to manage information technology projects. The imaging team had started building workflows.

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Construction Budget: A Quick Guide (with Examples)

ProjectManager.com

Creating a construction budget, therefore, is one of the most important pieces when developing a construction plan. How do you create a construction budget, anticipate the costs for a project and track them to make sure you’re not overspending? Let’s take a look at what goes into making a construction budget.

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Key Skill for Project Managers: Concept Development

Inloox

Does this sound familiar: A manager calls an employee in and proudly informs them about new challenges, ideas and projects. Thus, concept development is an important key skill for project managers and all those who want to become one. You need the following competencies for successful concept development: 1.

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Demand Management: Process, Importance and Tools

ProjectManager.com

Demand management is cross-functional as it crosses many disciplines, from consumer demand, supply teams and inventory to marketing and customer service. ProjectManager is award-winning project and portfolio management software with resource allocation features to keep teams working at capacity.

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Cost of Quality (COQ): A Quick Guide

ProjectManager.com

But we’ll also discuss the cost of good quality vs. the cost of poor quality and show you how to measure COQ. It’s also not just forecasting the impact of poor quality but the expense of audits and maintenance that comes with delivering a quality product or service. What Is Cost of Quality (COQ)?

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How Poor Risk Management Is Hurting You

Project Risk Coach

Poor risk management is costly. Let's look at the cost of poor risk management through the life of Tom Whitley. The Risk Management Mistakes of Tom Whitley The Star Mutual Insurance Company (SMIC) hired Tom Whitley as a project manager to manage information technology projects. The imaging team had started building workflows.

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Uncovering the Benefits of Clear Risk Statements

Project Risk Coach

Clarity can help project teams gain better insight into potential threats and opportunities. By improving their understanding of risks, individuals can make more informed choices, increasing their chances of success while minimizing losses. Improve Risk Evaluations How can an individual or a team evaluate a poorly defined risk?

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