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How to Start a Career in Project Management: Answers to FAQ

Epicflow Blog

Hybrid, Critical Chain, Critical Path, Kanban, Scrum, Six Sigma, Waterfall [3]. Besides, familiarity with CRM and accounting/finance ERP systems is a great plus. Managing uncertainties and constraints, Administering risks, Making project decisions, Analyzing team progress, Reporting [5].

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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

Beyond just time, buffers can cover finances, manpower, and more. Carrying an Umbrella (Risk Buffer). Keeping a Spare Tire (Risk & Resource Buffer). Having Insurance (Risk Buffer). While time buffers are most common, there are several types to know, each targeting specific risks.

2016 52
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The Complete Glossary of 614 Project Management Terms

Workamajig

Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome. A project sponsor can request an audit.

article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

Beyond just time, buffers can cover finances, manpower, and more. Carrying an Umbrella (Risk Buffer). Keeping a Spare Tire (Risk & Resource Buffer). Having Insurance (Risk Buffer). While time buffers are most common, there are several types to know, each targeting specific risks.

2016 52