Remove Defining Remove Government Remove Risk Management Remove Technical Review
article thumbnail

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.

article thumbnail

Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

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.

Process 420
Insiders

Sign Up for our Newsletter

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

article thumbnail

PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

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).

Prince2 356
article thumbnail

Measuring the Project Management Maturity of Your Organization

ProjectManager.com

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?

article thumbnail

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

article thumbnail

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.

article thumbnail

How to Write a Business Requirements Document (BRD)

ProjectManager.com

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.