Remove Cadence Remove Influencer Remove Monitoring Remove Risk
article thumbnail

Creating a Risk-Adjusted Backlog

Leading Answers

This article explains what a risk-adjusted backlog is, why they are useful, how to create one and how teams work with them. What is a Risk-Adjusted Backlog? A risk-adjusted backlog is a backlog that contains activities relating to managing risk in addition to the usual features associated with delivering value.

Risk 145
article thumbnail

Project Communication Management: What is it all about?

Rebel’s Guide to PM

Did you know that 56% of your project budget might be at risk due to poor communications? Progress monitoring and reporting – helps through regular overview of project progress, accomplishments, path forward, and next steps. Based on feedback from the Monitor step, incorporate feedback and adapt the plan as needed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Project Decision-Making

Velociteach

Organizations have a culture that influences the project team’s sub-culture. How do they feel about risk, empowerment, accountability, hierarchy, and control? Risk tolerance describes comfort in taking risks. Start-ups generally have a greater risk tolerance than well-established organizations. By managers?

2014 90
article thumbnail

13 Reasons to Choose Agile Project Management Methods

LiquidPlanner

You manage risk more effectively Another benefit of continuous testing is that you can spot risks earlier. Colleagues are more likely to talk about problems and risks with people they get on well with because they know their opinion will be trusted and they’ll be taken seriously. Is there likely to be a problem with a feature?

Agile 174
article thumbnail

Unlock the Power of the Project Management Plan

Velociteach

The team’s size, maturity, tenure, and proximity influence the ease of coordinating their efforts. Domain Management Plans describe how the project domains (PMI knowledge areas) will be planned, executed, and monitored. Scope, schedule, and cost are the primary metrics for monitoring project performance.

article thumbnail

Project Boards and Project Steering Groups: An Introduction

Rebel’s Guide to PM

They let you know whether you can go overspent or what risk mitigation actions are the right ones for this point in the project. It was a much smaller group, and focused on strategic decision making instead of day-to-day problem solving and risk management. Risks and issues. They should help guide you to project success.

article thumbnail

Agency utilization rate: 9 steps to increasing billable time

Resource Guru

Consistently monitoring utilization helps you: Optimize resource allocation: Don’t just guess where to put your team—know it. Reduce risks before they escalate: A sub-optimal utilization rate can be an early warning sign of projects derailing further down the road.