ProjectManager.com

AUGUST 27, 2019

While they don’t manage the day-to-day operations of a project, they are above the project manager in terms of project hierarchy. According to the Project Management Body of Knowledge (PMBOK), the project sponsor is “a person or group who provides resources and support for the project, program or portfolio for enabling success.”.

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Defining Governance Government Initiating 297

Project Pulse Journal

MARCH 18, 2024

By: Hajime Estanislao, PMP, CSM Are you a Project Manager struggling to align your project objectives efforts with your organizational objectives? Is it challenging to navigate the complex landscape of project governance frameworks? Ready to take your project management efforts to the next level?

Governance 52

Governance Government Risk Management 2015 52

Project Risk Coach

OCTOBER 9, 2022

In this article, let's discuss why risk management standards exist and which Project Management Institute (PMI) standard you should study in preparation for the PMI Risk Management Professional (PMI-RMP®) exam. Which PMI Risk Standard Should You Study? The exam pilot occurred in December, 2021.

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Risk Management Risk 2009 PMI 195

ProjectManager.com

MAY 14, 2019

Much as a librarian is responsible for organizing a large collection of books, organizations must have a set protocol for managing the information they collect when doing business. That plan is called data governance. What Is Data Governance? Data Governance Goals. Good data governance will help with decision-making.

Governance 192

Governance Government Information Technology Monitoring 192

Project Risk Coach

NOVEMBER 20, 2017

Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project. Let’s look at how to start the risk management process. How will you identify risks?

Risk Management 199

Risk Management Risk Planning Monitoring 199

Rebel’s Guide to PM

SEPTEMBER 24, 2023

PRINCE2® is a project management method. It’s structured, and experience-based, created from the lived experience of thousands of project managers and successful projects. It’s a customizable way of managing and controlling the work. What is PRINCE2®? PRINCE2® stands for Projects IN a Controlled Environment (Version 2).

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Prince2 Technical Review Governance Government 358

The IIL Blog

SEPTEMBER 13, 2023

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Our risks were identified, but a response strategy was never created.

Risk Management 88

Risk Management Risk Cadence 2016 88

Velociteach

SEPTEMBER 11, 2023

We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Thoughtlessly making assumptions or ignoring risks can lead to critical problems.

Risk Management 79

Risk Management Risk Cadence 2023 79

ProjectManager.com

JANUARY 23, 2024

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. This is done by using a project management maturity model. What Is Project Management Maturity?

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Underperforming Technical Team Risk Management Software Review Budget 337

ProjectManager.com

OCTOBER 6, 2023

PMO stands for project management office and it’s responsible for the project management standards in an organization. The two others are the program management office and the portfolio management office. Either way, it’s run by a PMO director. There are different types of PMOs, all headed by a PMO director.

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PMO Software Review Governance Government 347

Rebel’s Guide to PM

MARCH 14, 2024

If you’re searching for a project management job, you’ve no doubt come across a range of different job titles. The ‘project manager’ job descriptions have a wide variety of roles and duties, which can make it hard to know what’s right for you. Also known as a Technical Project Manager.)

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ProjectManager.com

NOVEMBER 22, 2023

When governments or corporations make large investments, they don’t do so without serious planning. These capital projects can be infrastructure-based, such as roads and railways, when launched by the government. It’s used to help governments and corporations understand their future operational costs. They are as follows.

Budget 346

Budget Software Review Planning Construction 346

Rebel’s Guide to PM

MAY 7, 2023

Project managers are often faced with the challenge of managing complex projects and ensuring that they stay on track. I’ll confess: when I started out as a project manager, this was a piece of jargon that honestly didn’t mean much at all? But what is an organizational process asset (OPA)? Think intranet or policy library.

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Process Technical Review Software Review Influencer 422

ProjectManager.com

JANUARY 31, 2024

If you’re not familiar with a balanced scorecard, we’ll define the term and show the four perspectives it tracks as well as explain what should be included in a balanced scorecard. A balanced scorecard is a strategic management performance metric. Let’s define the four balanced scorecard perspectives.

Performance Measurement 399

Performance Measurement Governance Government Initiating 399

Rebel’s Guide to PM

FEBRUARY 2, 2024

The previous project manager might have moved on to do something else and you’ve got the project as part of an internal reshuffle of resources. If this is all new to you, check out PMI Kickoff , a free overview of all things project management that will help get you started. Action if not clear: Talk to your sponsor or line manager.

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PMO Governance Government Budget 303

Rebel’s Guide to PM

MARCH 12, 2022

Project governance is an important part of project management processes – even if it’s not the most exciting part of getting work done. As a project manager, part of your role is shepherding the work through the project lifecycle. Governance is a key part of that, and gate reviews are part of navigating through the project.

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Prince2 Governance Government PMO 396

Project Risk Coach

OCTOBER 5, 2020

Why are many project managers confused over risks? Why do some project managers include positive risks in risk management and others do not? Let's clarify what we mean by the term risk. Risk is a Choice Merriam-Webster defines risk as “the possibility of loss or injury: peril.”

Risk 418

Risk Prince2 Risk Management Governance 418

ProjectManager.com

NOVEMBER 29, 2023

IT financial management (ITFM) covers the costs of keeping our network, servers and devices running. IT financial management is a bit more complicated than that and we’ll explain by more thoroughly defining the term. Then we’ll list the professionals who are tasked with IT financial management and their key objectives.

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Infrastructure Finance Executing Governance 322

ProjectManager.com

OCTOBER 20, 2023

The construction phase plan is a critical construction project management document that helps to ensure a safe project. Before explaining how to make a construction phase plan, let’s first define the term and note some of the many reasons why one should use it. Get started with ProjectManager today for free. Learn more.

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Construction Planning Risk Management Estimate 325

ProjectManager.com

OCTOBER 24, 2023

IT service management (ITSM) is the process of how those services meet the needs of the end users who employ them. Before we get into framework processes and phases, let’s more fully define the meaning of ITSM and why it’s important. What Is IT Service Management (ITSM)? Learn more Why Is IT Service Management Important?

Process 330

Process Infrastructure Information Technology Monitoring 330

ProjectManager.com

SEPTEMBER 14, 2023

All of these things and more make them a perfect candidate for business project management. Let’s first explore the definition of business project management. Then, we’ll look at the role of a business project manager and the types of projects that a business will manage. What Is Business Project Management?

Software Review 370

Software Review Monitoring Technical Review Risk Management 370

ProjectManager.com

APRIL 19, 2024

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Kanban?

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SCRUM Manufacturing 2001 Agile 412

Rebel’s Guide to PM

MAY 2, 2022

The mission of a project portfolio manager is clear enough: maximize the business benefits of projects. In this article, you’ll learn the top 5 key considerations and knowledge areas under which the main criteria for managing a project portfolio can be grouped. Consideration #2: Managing complex risk is all about balance.

Technical Review 355

Technical Review Risk Management Governance Government 355

Leading Agile

SEPTEMBER 5, 2023

At one point in the response video, I mentioned that if you aren’t actively pursuing agility through systems, governance, metrics, and the endeavor to introduce measurable products to the market, then you aren’t truly sharing the same context as I am. Their backlog is well-defined. It just doesn’t matter.

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Defining Agile Software Review Technical Review 62

ProjectManager.com

DECEMBER 13, 2022

Having many projects to manage in a portfolio can be daunting. There are many ways to do this and one of which is lean portfolio management. Let’s first define lean portfolio management and then delve into how it works. This will give you an idea if it’s the right strategy to execute your portfolio management.

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Lean Software Review Manufacturing Governance 331

ProjectManager.com

JANUARY 10, 2023

If you’re not working from an agenda or you don’t manage those meetings, that can be true. Let’s take a look at 10 different types of project management meetings and define them, and we’ll start with the definition of what a project meeting is. It all depends on the urgency and type of meeting being held.

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Software Review Technical Review SCRUM Risk Management 480

ProjectManager.com

MARCH 9, 2022

Let’s take some time to define what a stakeholder is, examples of stakeholders and free stakeholder templates that can help with stakeholder management. A stakeholder is a person, like any other member of the project, and some will be easier to manage than others. They are impacted by the project, be they investor or customer.

Software Review 483

Software Review Influencer Governance Government 483

Scrum.org

AUGUST 9, 2023

Imagine standing before a room filled with Project Management professionals at a conference, sharing insights gained from your experience. As you deliver your speech, you realize that Scrum and Project Management, despite their apparent differences, face a myriad of common challenges. More ideas (e.g.

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SCRUM PMO Governance Government 162

Inloox

FEBRUARY 2, 2023

Know the risks in your project! Risk management plays an enormously important role in project management. The task here is to identify, analyze, control and ultimately minimize risks. The better risk management is handled in your project, the greater the probability of success, all other things being equal.

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Risk Underperforming Technical Team Governance Government 172

Project-Management.pm

AUGUST 30, 2017

What really is project management governance? With countless articles and books in the business spectrum conveying such practice, project management governance is in the sense, subjective. In other words, a person left on his or her own device of his or her definitive understanding of governance as a whole.

Governance 97

Governance Government Underperforming Technical Team Project Life Cycle 97

Rebel’s Guide to PM

SEPTEMBER 22, 2021

Sol Benady is a management consultant, Fintech entrepreneur, and program manager working in the banking sector. I talked to him in the Project Management Club on Clubhouse about project financial management and handling budgets. From Accounting to Program Management. 5 Tips for Managing a Project Budget.

Budget 361

Budget 2015 Retail Governance 361

ProjectManager.com

NOVEMBER 28, 2023

There are many things that are needed when managing a project. To make sure you understand what organizational process assets are, first, we’ll define the terms and explain their importance. An organizational process asset is a tangible resource that’s used to guide the management of an organization’s projects and operations.

Process 367

Process Executing Controlling Defining 367

Rebel’s Guide to PM

AUGUST 3, 2021

They define salience as: the degree to which managers give priority to competing stakeholder claims. Project stakeholder management and saliency. Project management relies on people: you need the project team to get things done, and that team might include members of different stakeholder groups. Dominant stakeholders.

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Influencer Governance Government Defining 471

ProjectManager.com

MAY 19, 2022

Successful CEOs Ram Charan and Larry Bossidy define execution in their book Executive: The Discipline of Getting Things Done : “Execution is a specific set of behaviors and techniques that companies need to master in order to have a competitive advantage. During this phase a project leader will focus on these key processes: Managing people.

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Executing Project Life Cycle Software Review Technical Review 500

MPUG

APRIL 9, 2022

It’s easier to ignore the possibility of risks when the business is doing well — but not having a plan for potential unforeseen threats could be the most significant risk of all. The risk management process involves identifying, assessing, and controlling risk factors that threaten an organization’s earnings and assets.

Risk Management 69

Risk Management Risk Sustainability Monitoring 69

The IIL Blog

DECEMBER 13, 2023

Introduction: Project management, is a dynamic field, continually evolving in response to changing business needs and technological advancements. Stepping into 2024, we believe that the project management trends will reflect a notable shift from traditional methodologies towards more dynamic, business-focused, and people-centric approaches.

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2024 Artificial Inteligence Sustainability 2023 167

ProjectManager.com

SEPTEMBER 22, 2022

It’s easy to get lost in the weeds when you’re managing a project. There are day-to-day operations that the project manager obsesses over, but they also need to see the big picture. To prove this point, let’s define what a business requirements document (BRD) is and what its components are. Project Scope.

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Technical Review Software Review Defining Risk Management 324