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Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

One key tool to success is understanding how to use organizational process assets effectively. But what is an organizational process asset (OPA)? OPAs and the PMP exam Let’s face it: I first came across the term OPA while reviewing PMP exam training material. What are Organizational Process Assets? What is not an OPA?

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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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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

We’ll define in depth each of the five construction phases: initiation, pre-construction, procurement, construction and post-construction. Initiation Phase The initiation phase might be the most important of all five phases as it maps out the approval process for the project and sets everything in place to build.

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Change Control Board: Roles, Responsibilities & Processes

ProjectManager.com

A change control board is sometimes referred to as a change review board. Through this process of detailed examination, the change control board decides on the viability of the change request or makes recommendations accordingly. A change control board looks at change requests which are then reviewed in detail. Learn more.

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PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

Because PRINCE2® is a broad-brush approach, it doesn’t cover technical processes or specific techniques, but it will fit alongside them. The History of PRINCE2® PRINCE2® is part of the best practice guidance that came out of the UK Office of Government Commerce. It was renamed PRINCE. The most recent major update came in 2023.

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Top 10 Project Management Methodologies – An Overview

ProjectManager.com

The name is apt, as the waterfall methodology is a process in which the phases of the project flow downward. When implementing the agile methodology , project planning and work management are adaptive, evolutionary in development, seeking early delivery and are always open to change if that leads to process improvement.

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Why do projects fail? (Includes examples!)

Rebel’s Guide to PM

Here are some high-profile failed projects: Following an internal review, Multiplex, the Australian development company responsible for the reconstruction of the Wembley Stadium, became aware that costs for the project were escalating to the point that the company would make a loss of £750 million on the project. billion to £10.9