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Managing Project Assumptions & Risks

Velociteach

For example, the projects must be delivered by X date. For example, IF the project costs more than planned, THEN there are multiple potential impacts. Constraints may also be assumptions that need to be validated. Constraints also create risks. Risks are future events with a likelihood of occurrence and potential impact.

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Managing Project Assumptions and Risks

The IIL Blog

For example, the projects must be delivered by a certain date. For example, IF the project costs more than planned, THEN there are multiple potential impacts. Constraints may also be assumptions that need to be validated. Constraints also create risks. They can be opportunities (good) or threats (harmful).

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Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

Managing Cost, Schedule, & Technical Performance Risk Is The Basis Of Good Project Management. Risk management is essential to the success of any significant project. Certain information about key project cost, performance, and schedule attributes are often unknown until the project is underway.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Bottleneck: In project management terms, a bottleneck is any constraint that restricts the movement of a process. With this approach, the project's cost and/or duration are calculated by adding the cost/duration of all its constituent activities. Most, however, track the project's costs and deadlines.

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Compendium of Works to Increase Probability of Project Success

Herding Cats

The Value needs to show up at the planned time and for the planned cost of course, but it's the Effectiveness to solve a problem that is the core measure of Value. Parametric Project Monitoring and Control - Earned Value is an approach to Performance measurement for monitoring and controlling the progress of software development projects.

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

MPUG

The planning, the executing, the monitoring, controlling, and hopefully you’re getting it right and refining and improving until bam, closing. But delivering as quickly as [inaudible 00:17:09], get it done right now, minimizing project costs, cheap, right? What’s deliverable, cadence, project phase?

PMI 59