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PRINCE2 and PMBOK: How They Compare

Rebel’s Guide to PM

First came PRINCE in 1989 as the UK government standard for IT project management. In PRINCE2 you start with pre-project, then the initiation stage, then the subsequent delivery stages (you might want several if the project is long) then the final delivery stage which includes closing a project. There are also seven values.

Prince2 415
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Enterprise Risk Management (ERM) and Risk Governance

MPUG

Let’s consider the following scenario based true events which occurred within an organization I worked closely with recently. I came to know that there were no consistencies within risk governance parameters, such as risk appetite , or risk threshold , for example. There is a governance board which oversees the ERM and its framework.

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What Is a PMO Director? Role, Responsibilities & Salary

ProjectManager.com

It can be a department in that organization or a group of professionals, either inside or outside the organization. They all share similar responsibilities, but one deals with an organization’s project and the other deals with either a program, a group of related projects or a portfolio of projects. What Is a PMO Director?

PMO 341
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Top 11 Cities for Project Management

Rebel’s Guide to PM

City Percentage Shanghai 78% Buenaventura 52% NEOM 39% Warsaw 39% Seattle 19% Tokyo 19% London 19% Las Vegas 19% Washington DC 19% Brisbane 19% Sydney 19% Percent of project professionals who believe they will get a pay increase of 5% of more in the next 12 months (Source: PMI; figures relate to country). They are both cannabis plants.

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10 Strategies for Successful Project Execution

ProjectManager.com

Is your organization failing to close the gaps between strategy and project execution? you can use to help you close those gaps, yet it isn’t easy. Let’s review strategies and tools you can use, and learn how they can help you close that gap to promote successful project execution. Ineffective corporate governance.

Executing 499
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How To Motivate Your Project Team

Rebel’s Guide to PM

Engagement is closely related to motivation. And both groups believed that project managers make things happen! The courses are all eligible for PMI PDUs which is great! Her 25 years’ experience is in a variety of industries including financial services, state government, and non-profits.

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What Is a Project Sponsor? Defining This PM Role

ProjectManager.com

The project sponsor is that person or group who owns the project. According to the Project Management Body of Knowledge (PMBOK), the project sponsor is “a person or group who provides resources and support for the project, program or portfolio for enabling success.”. Governance. Closing Duties. What Is a Project Sponsor?

Defining 296