Project Pulse Journal

NOVEMBER 24, 2023

By: Dr. Michael Shick, MSPM, PMP, CSM Are you a project manager struggling to predict the risks in your projects accurately during planning? This is where Monte Carlo Simulation transforms the art of project risk management into a more precise science, as part of quantitative risk analysis.

Risk Management 52

Risk Management Risk Engineering Estimate 52

Planview

JULY 29, 2021

Risk management is one of the core project knowledge areas, an essential and ongoing process which can be described as the methodical process of identification, analysis and response to project risks involving several major phases which are similar to all projects. The Risk Analysis Process in Project Management.

Risk Management 78

Risk Management Risk Process Influencer 78

ProjectManager.com

MARCH 2, 2020

Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. There are many tools that can mitigate risk in a project, but it also takes skill in something called project controls. Cost estimates. Risk management. Methodology.

Controlling 413

Controlling Underperforming Technical Team Estimate Risk Management 413

ProjectManager.com

JUNE 7, 2023

Manufacturing a product or constructing a building is a complicated process, which in turn makes determining the price for that product equally difficult to discern. There are many factors that must be considered, and project managers use a cost breakdown structure to help them determine the cost of that product.

Manufacturing 249

Manufacturing Estimate Project Cost Influencer 249

ProjectManager.com

MARCH 14, 2023

Project managers understand this and work hard to create change management plans that ensure their projects run smoothly. Project management software helps, too, but if you’re not ready to upgrade, we have some free change management templates that can help you manage change. Remember, this is a change request.

Change Management 307

Change Management Software Review Project Life Cycle Risk Management 307

Rebel’s Guide to PM

JUNE 25, 2020

Are you biased as a project manager? In this article we’ll talk about the different types of bias in project management. A project manager is the linchpin of a successful project. Let’s look at what heuristics and biases exist in management and what we can do to reduce their impact on our projects.

Technical Review 488

Technical Review 2007 Finance Estimate 488

Rebel’s Guide to PM

AUGUST 29, 2021

Risks matter. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

Risk 320

Risk Technical Review Risk Management Estimate 320

Rebel’s Guide to PM

SEPTEMBER 14, 2020

Scope creep in project management is where additional requirements are added to the project, beyond what was originally agreed and these additions are not formally authorized. Scope creep is caused by lack of requirements management. The project manager is responsible for letting scope creep affect the project.

Underperforming Technical Team 457

Underperforming Technical Team 2009 Controlling Risk Management 457

Velociteach

OCTOBER 5, 2023

Artificial Intelligence (AI) will transform project management. Gartner estimated that AI may replace 80% of project management activities by 2030. A recent article in the Harvard Business Review described “ How AI Will Transform Project Management.” I say, “Bring it on!” I look forward to the opportunity.

Artificial Inteligence 81

Artificial Inteligence Underperforming Technical Team Generative AI Technical Review 81

Planio

MARCH 11, 2024

Project management is a risky business. Risk management is the art of anticipating potentially project-derailing dangers and putting actionable steps in place to minimize their impact. Risk management is the art of anticipating potentially project-derailing dangers and putting actionable steps in place to minimize their impact.

Risk 88

Risk Technical Review Risk Management Budget 88

The IIL Blog

NOVEMBER 8, 2023

By Alan Zucker November 8, 2023 Artificial Intelligence (AI) will transform project management. Gartner estimated that AI may replace 80% of project management activities by 2030. A recent article in Harvard Business Review described “How AI Will Transform Project Management”. I say, “Bring it on!”

Artificial Inteligence 88

Artificial Inteligence Underperforming Technical Team Generative AI Technical Review 88

LiquidPlanner

FEBRUARY 15, 2023

Think your project management clients are your business’ bread and butter? Without a harmonious project team, your project could be at risk of unhappy stakeholders and clients, delayed timelines, and every PM’s greatest nightmare … scope creep. Think again. Most importantly, practice what you preach. Lead by example.

2023 148

2023 Cadence Construction Influencer 148

Velociteach

APRIL 11, 2023

Including the project manager early in the process is advantageous. Critical decisions are made, and important assumptions, constraints, and risks are revealed. Well-written success factors follow the SMART construct—specific, measurable, achievable, realistic, and time-bound. revenue, customer satisfaction, etc.)

Underperforming Technical Team 77

Underperforming Technical Team Risk Management Estimate Risk 77

MPUG

JULY 17, 2023

I recently had a recorded interview with Stuart Taylor on project management. This is partly because I have more influence over the projects these days. Let’s define what we mean when we use this term in the context of project management. What does it indeed mean to be “pragmatic” in project management?

Underperforming Technical Team 98

Underperforming Technical Team Innovation Estimate Technical Review 98

Herding Cats

JANUARY 3, 2017

I received a book over the Holidays - Managing Project Risk and Uncertainty: A Constructively Simple Approach to Decision Making , Chris Chapman and Stephen Ward. This is a seminal work on risk management in the presence of uncertainty. All Management decision should take uncertainty into account.

Risk Management 47

Risk Management Risk Logistics Influencer 47

NimbleWork

APRIL 11, 2024

In project management, effective planning is paramount to success. Among the myriad tools at a project manager’s disposal, the Work Breakdown Structure (WBS) stands out as a foundational element, especially for traditional or waterfall projects. What is a WBS?

Software Review 52

Software Review Development Team Review Risk Management Defining 52

International Institute for Learning

FEBRUARY 8, 2023

These tools were developed in the 1950s to manage the U.S. Work packages are small deliverables that are assignable and estimable. Estimate the time needed to execute each task. It is possible to estimate each task’s resource needs and effort. Construction projects should fulfill these assumptions.

Underperforming Technical Team 59

Underperforming Technical Team PMI Estimate Construction 59

Wrike

SEPTEMBER 3, 2023

In the fast-paced world of project management, staying organized and on track is essential to success. PERT charts provide a visual representation of a project’s tasks, their dependencies, and the estimated time needed to complete each task. It helps project managers analyze the critical path and allocate resources efficiently.

Software Review 36

Software Review Construction Estimate Underperforming Technical Team 36

The Strategic Project Manager

MARCH 12, 2022

This post looks at what the Prisoner’s Dilemma is, how it applies to strategy and project management, and how insights from it can be used to improve outcomes. Each also can choose to cooperate in silence with the other for a better overall outcome, at the risk of betrayal by the other. It is part of the area of Game Theory.

Estimate 97

Estimate Construction Risk Management Risk 97

Herding Cats

MAY 10, 2019

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. requires making estimates) ? Risk Management Papers. “A

Risk Management 38

Risk Management Risk Technical Review 2002 38

Proofhub

JULY 19, 2022

Project management best practices that actually work Project management Have you ever wondered why so many project leaders constantly look for the best practices to achieve triumphant project management results? perfection” doesn’t exist in project management. Don’t fool yourself?—?“perfection” Or does it?

Underperforming Technical Team 158

Underperforming Technical Team Software Review Technical Review Risk Management 158

Velociteach

FEBRUARY 1, 2023

The project management plan (Plan) is a powerful tool. 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. It describes how the project will be executed.

Planning 52

Planning Technical Review Governance Government 52

Herding Cats

MAY 7, 2019

This blog page is dedicated to the resources used to estimate software-intensive systems using traditional and agile development methods. COSMIC Software Estimation Approach,” Alain Abran, ICEAA Workshop, Portland Oregon, June 6?9, Flint, School of Management, Working Paper Series, September 2005.”. 61, September 2004.

Estimate 40

Estimate Software Review Software 2012 40

The Strategic Project Manager

JANUARY 17, 2024

Strategy and Project Management demand a wide base of skills. Finally, it looks at where these principles apply directly in practicing strategy and project management Basic Psychology Principles Shape Where We Go and How We Get There The Strategic PM blog looks at many different strategy frameworks and project management approaches.

Underperforming Technical Team 40

Underperforming Technical Team Influencer Innovation Risk Management 40

Velociteach

SEPTEMBER 18, 2023

The podcast by project managers for project managers. Dr. Joel Carboni talks about Sustainable Project Management, and the goal to achieve a stated objective while considering the project outcome’s entire lifecycle to ensure a net positive environmental, social, and economic impact. We’re talking about Green Project Management.

Sustainability 98

Sustainability Underperforming Technical Team Construction Certification 98

nTask

JANUARY 4, 2021

Lack of management support. The Senior Management. The senior management either initiate a project or accept a project through a contract with a client. This makes senior management an important part of the decision process of whether to terminate a project. The process to follow is Risk Management.

Technical Review 148

Technical Review Risk Management Risk Software Review 148

Wrike

APRIL 25, 2023

The project charter is written by the project manager and approved by project sponsors. It also serves as a reference point throughout the project execution, ensuring the team stays on track with the expected schedule and achieves the objectives without any misunderstanding, deviation, or avoidable risk.

Project Life Cycle 36

Project Life Cycle Risk Management Software Review Construction 36

Herding Cats

MAY 11, 2019

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. requires making estimates) ? De Meyer, C.

Risk Management 35

Risk Management Risk Technical Review 2002 35

Epicflow Blog

NOVEMBER 10, 2020

Regardless of your skills, background, and experience, you probably have asked yourself a question at least once: what kind of knowledge do I need to be a competitive expert in project management? And in this publication, we discuss the role of industry, product, and technical knowledge in the work of a project manager. .

Technical Review 102

Technical Review Underperforming Technical Team 2027 Risk Management 102

Herding Cats

MARCH 11, 2018

If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers. Now To Risk Management. Risk is the effect of uncertainty of objectives.

Software Developers 34

Software Developers Software Development Risk Management Risk 34

Wrike

SEPTEMBER 23, 2023

In the realm of project management, there are various costs involved that extend beyond the obvious expenses typically associated with a project. Understanding and effectively managing these soft costs is essential for project managers striving to deliver projects on time and within budget.

Technical Review 36

Technical Review Budget Risk Management Monitoring 36

Wrike

MARCH 1, 2022

Project management tools like the To-Complete Performance Index (TCPI) help project managers achieve this with as little risk as possible. The TCPI project management index helps gain insights into potential projects in distress and future budgetary risks. A new Estimate at Completion (EAC). What is TCPI?

Estimate 41

Estimate Construction Budget PMO 41

MPUG

AUGUST 29, 2022

This typically results in about 15-20% of students saying that their expectation is to learn project management. I usually have to explain that although the PMP exam is based on project management, the primary focus of PMP training workshops is to help participants to crack the PMP exam—not necessarily learn project management.

Logistics 59

Logistics Risk Management Initiating Information Technology 59

Wrike

JULY 29, 2023

Gantt charts are widely used in project management to visually represent the scheduling of tasks and activities. Understanding the basics of Gantt charts is crucial for anyone involved in project management. This visual representation helps project managers and team members to grasp the project’s scope and progress at a glance.

Construction 36

Construction Software Review Lean Risk Management 36

Proofhub

APRIL 20, 2023

Tips to Improve Your Work Management Skills Efficiency in work management is an important professional skill. Usually, they do this to express themselves, provide knowledge to their audience, influence readers, or produce a piece of literature. Writing Tips to Improve Your Work Management Skills Work Management Skills 1.

Underperforming Technical Team 78

Underperforming Technical Team Software Review Construction Influencer 78

Productivity Land

AUGUST 9, 2023

The cost to create an app and factors influencing the price The price to create an app can vary greatly depending on a number of factors, such as: Features’ complexity: the cost of development increases as features’ and functions’ complexity increases. The price directly depends on the complexity of your app.

2023 75

2023 Technical Review Software Review Influencer 75

PM Times

APRIL 7, 2021

It will discuss why the Core IT Complexity model is a good approach for most IT organizations and why it is important to determine project complexity as an ongoing and integral part of the Change Management and Risk Management process. It can also indicate potential risks to existing projects. Introduction.

2016 52

2016 2014 PMO Software Review 52