Rebel’s Guide to PM
APRIL 17, 2024
Contingency plans form part of your overall project risk management. Be prepared for the sunk costs of doing work that might not be needed because it is part of risk mitigation. Therefore the effort should be commensurate with the level of uncertainty and potential risk. Being ready to fast-track the schedule if needed.
Workamajig
JULY 14, 2019
Higher risk: The rigidity of this methodology means that if you find an error or need to change something, you have to essentially start the project from the beginning. This substantially increases the risk of project failure. Lower risk: With Agile management, you get regular feedback from stakeholders and make changes accordingly.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Epicflow Blog
FEBRUARY 16, 2021
Read more: Bubble Graph: Critical Chain Fever Chart Re-Imagined. Group Risk Factor. A function of calculating the risk of the discrepancy between the initially estimated time for task accomplishment and the real time spent by the group of people working on the project. Critical Chain . Governance .
nTask
JULY 5, 2019
CCM – Critical Chain Methodology: Back in 1997, Eliyahu M. Goldratt wrote about Critical Chain Methodology as the process for managing resources without affecting the project plan. This was probably the first time Critical Chain Methodology was discussed by Eliyahu M. Risk Resolution. Risks are high.
Epicflow Blog
APRIL 25, 2024
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. Most vehicles come with a spare tire. Dressing in Layers (Flexibility Buffer).
Epicflow Blog
AUGUST 19, 2022
Thanks to coordination of all project processes, it’s much easier to react to changes properly and timely spot any bottlenecks or risks that can threaten the workflow. . Enterprise environmental factors: government and industry standards, organizational culture, marketplace conditions. . First, it helps keep projects on track.
MPUG
APRIL 15, 2022
Like for examples, infrastructure, organizational culture structure, governance, resource availability, marketplace conditions, et cetera. For the most part, maturity, when I say that level of maturity, it means how strict and standardized configuration management, data governance, documentation process is practiced within the organization.
Expert insights. Personalized for you.
341 
Let's personalize your content