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The Complete Glossary of 614 Project Management Terms

Workamajig

Assumptions are a major contributor to Project Risk, A large number of assumptions increase the overall Project Risk. Audit: The process of analyzing a project to ensure that it is being governed as intended. A project sponsor can request an audit. Authorization: Authorization is the power to make decisions.

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Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

MPUG

Meaning to say creating value, organizational governance and systems, functions associated with projects, the project environment, and product management considerations all provide the context for how project management could be conducted. That’s where all your documentation stuff is.

PMI 59
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Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

Risk management is the continuous process applied throughout the project life cycle. Effective risk management depends on risk management planning; early identification and analysis of risk; early implementation of corrective actions; continuous monitoring and reassessment; and communication, documentation, and coordination.