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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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Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

OPAs and the PMP exam Let’s face it: I first came across the term OPA while reviewing PMP exam training material. They might be influenced by market conditions (risk appetite statements might change, for example, if the market suddenly gets a lot more competitive). Don’t get me started on Enterprise Environmental Factors either.)

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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. Products can be defined in work packages. It was renamed PRINCE.

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Measuring the Project Management Maturity of Your Organization

ProjectManager.com

That’s because the project teams involved with these successful projects follow a defined and repeatable process, which mitigates risk and achieves objectives. Rather, it’s a team effort guided by standardized processes, well-defined roles and responsibilities and collaboration.

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Review Mastering Project Uncertainty

Henny Portman

Scenarios uncertainty : plan, risk, problem, crisis, and measures. Possible techniques to use are risk checklist, risk response routine, Ishikawa diagram, Monte Carlo simulations, and problem-solving techniques. This book shows that problems creating project failure cannot only be found and solved by risk management only.

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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

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How to Write a Business Requirements Document (BRD)

ProjectManager.com

To prove this point, let’s define what a business requirements document (BRD) is and what its components are. It includes both the business solution and the technical solution to the project. A business requirement isn’t about offering or proposing a solution, only defining the task at hand.