Remove Critical Chain Remove Monitoring Remove Risk Remove Technical Review
article thumbnail

Creating a Risk Register: All You Need to Know

Epicflow Blog

Project management goes hand in hand with uncertainty and risks. The present-day disruptions caused by the pandemic bits and pieces, military conflicts, and geopolitical tensions can only increase the number of risks that projects will be exposed to. . Risk Register: Definition and Purpose . How to Create a Risk Register?

Risk 52
article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

Another situation for possible domino effect is when the output of a task, while on-time, fails to deliver the planned quantity, thus the subsequent operation has only limited inputs to work on, creating a negative effect throughout the chain. Carrying an Umbrella (Risk Buffer). Keeping a Spare Tire (Risk & Resource Buffer).

2016 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Insane Project Management Techniques in Today’s Market

nTask

Technically, these constraints and such other variables are treated as part of the case preface associated with each and every project. PERT – Program Evaluation and Review Technique: This one is more of a general project management technique. CCM – Critical Chain Methodology: Back in 1997, Eliyahu M. Risk Resolution.

article thumbnail

Aircraft Engineering: How to Manage a Typical Project with Maximum Efficiency

Epicflow Blog

Aircraft engineering is a complex and constantly developing sector of aerospace and defense, where experts from various areas of technical expertise are involved. What actions should be taken to mitigate the risks? Apply proper risk management. Monitoring a project’s health .

article thumbnail

A Guide to Project Integration Management

Epicflow Blog

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. . A project management plan is a fundamental document that represents how a project will be implemented, monitored, and controlled. Monitor and control project work.

article thumbnail

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

Epicflow Blog

Hybrid, Critical Chain, Critical Path, Kanban, Scrum, Six Sigma, Waterfall [3]. In view of the tendency towards digital transformation, a modern project manager should have knowledge in Cloud Technology, SAP Global Systems, SFDC, Gainsight, Pendo, and Tableau. Leadership skills. Business skills. Digital skills.

article thumbnail

Becoming a Successful Project Manager: 5 Tips to Achieve Professional Goals and Objectives

Epicflow Blog

Successful project implementation is impossible without regular monitoring and control. When there are multiple projects in the environment, tracking resource performance becomes even more essential – due to resource dependency, one resource bottleneck will become an obstacle for efficient work of the whole environment. .