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Enhanced due diligence in banking 

Productivity Land

Enhanced Due Diligence (EDD), also known as Politically Exposed Person (PEP) screening, is a process that banks and other financial institutions must use to identify the risk associated with doing business with foreign individuals.

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57 AI in Project Management Statistics

Rebel’s Guide to PM

We gathered 57 of the top AI in project management statistics to help understand this key development in technology. Recent advancements in tech have changed how project managers work in 2024. Only 12% have adopted AI in a substantial way, and the adoption levels are much higher in tech-forward companies (34%).

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What are the Risk Management Roles in Projects and Programs?

Project Risk Coach

This article will provide clear guidance on how to define and assign risk management roles and responsibilities for projects and programs. Ensuring that all of the risks are addressed can be a daunting task, particularly for larger, complex projects. Information Technology) or in a Project Management Office (PMO).

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6 Tools and Techniques for Controlling Risks

Project Risk Coach

Changes in project risks are inevitable. As a project progresses, the probability and impact of current risks change, new risks emerge, and residual risks may increase or decrease. What tools and techniques can project managers use for controlling risks and getting the results they are looking for?

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What Is Change Control in Project Management?

ProjectManager.com

Change control is the process used to manage all these variables. If change happens (which it always does) then it’s crucial that you have a mechanism in place to control that process. But what is change control in project management, and what are the steps necessary to implement it? What Is Change Control?

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Project Controls: A Quick Guide

ProjectManager.com

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. What Are Project Controls? Risk management. Methodology.

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Change Control Board: Roles, Responsibilities & Processes

ProjectManager.com

This is why projects have a change control board. If changes are requested, the change control board shows how those changes are managed with the least amount of disruption to the project’s plan. The importance of a change control board to a successful, high-quality project cannot be overstated. What Is a Change Control Board?