ProjectManager.com

AUGUST 13, 2021

How do you meet your deadline while managing all that risk? The answer is construction risk management. It can be mind-bogglingly complex, which is you should make a detailed construction risk management plan. What Is Construction Risk Management? This includes thorough planning and monitoring issues as they arise.

Construction 396

Construction Risk Management Risk Underperforming Technical Team 396

Project Management Update Submitted Articles

SEPTEMBER 17, 2021

Project risk is defined by Project Management Institute as "an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.” Put it simply, to most project professionals, risk is the likelihood that a project will fail to meet its objectives.

Monitoring 130

Monitoring Risk Risk Management Defining 130

ProjectManager.com

DECEMBER 9, 2019

Before you’re able to analyze the risk in your project, you have to acknowledge that risk is going to happen in your project. By planning for risks, you begin the process of knowing how to identify, monitor and close out risks when they show up in your project. Part of that process is risk analysis.

Risk 452

Risk Risk Management Estimate Project Life Cycle 452

ProjectManager.com

DECEMBER 26, 2023

For a program governance framework to work, it must be repeatable and structure activities, such as communication, monitoring and more. Some things program governance defines are roles and responsibilities, chain of command and other aspects of program management to help the program succeed.

Governance 359

Governance Government Monitoring Risk Management 359

ProjectManager.com

MAY 15, 2024

Project planning, execution, monitoring and controlling are often the focus of project management. Project completion is more than delivering on time, within budget and meeting quality expectations. For example, did the project deliver on time, within budget and meet the quality expectations of the client? That’s a mistake.

Project Life Cycle 342

Project Life Cycle Software Review Certification Construction 342

ProjectManager.com

OCTOBER 20, 2021

There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. It’s no wonder so much of project management is focused on risk! What is a Project Risk? Negative risk? Positive risk?

Risk Management 342

Risk Management Risk Planning Monitoring 342

ProjectManager.com

JANUARY 23, 2024

The more mature an organization’s management, the more likely they’re going to meet its strategic goals. On the other hand, if an organization has underdeveloped management, the more likely that its projects will have trouble meeting deadlines and staying on budget.

Underperforming Technical Team 336

Underperforming Technical Team Risk Management Software Review Budget 336

Project Risk Coach

JANUARY 14, 2019

Project managers constantly think about risks, both threats and opportunities. Let’s consider a simple but powerful tool to capture and manage your risks—the Risk Register. What to Include in a Risk Register. Consider using this syntax: Cause -> Risk -> Impact. ” Risk Owner. Risk Score.

Risk 342

Risk Risk Management Technical Review Information Technology 342

ProjectManager.com

JANUARY 16, 2024

We’ll get to that in a moment as well as define project pipeline management. Our roadmaps show all your projects on a Gantt chart and visual timeline, which helps you prioritize tasks, allocate resources more effectively and meet your project deadlines. What is a project pipeline? What Is a Project Pipeline?

Software Review 349

Software Review Software PMO Monitoring 349

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? An organization’s risk champion (e.g.,

Risk Management 268

Risk Management Risk PMI Technical Review 268

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. Meet Regularly. Following processes. Manage Team. Make Changes.

Executing 500

Executing Project Life Cycle Software Review Technical Review 500

ProjectManager.com

AUGUST 23, 2023

If you’re unaware of what a project management triangle is or even if you do know, we’ll define it and explain its importance in project management. To understand the project management triangle, one must first define the three constraints that make it up. Finally, using the project management triangle helps reduce project risk.

Software Review 310

Software Review Risk Management Risk Budget 310

ProjectManager.com

FEBRUARY 27, 2024

You can even use project planning templates to help you manage your project, track progress and risks. They cover all the bases, from creating a timeline to chart your tasks to having a risk register to prepare your team for issues that inevitably arise in every project. Project Plan Template A project plan is a big endeavor.

Planning 364

Planning Software Review Risk Management Budget 364

Project Risk Coach

FEBRUARY 4, 2019

Changes in project risks are inevitable. As a project progresses, the probability and impact of current risks change, new risks emerge, and residual risks may increase or decrease. What tools and techniques can project managers use for controlling risks and getting the results they are looking for?

Controlling 199

Controlling Risk Technical Review Performance Measurement 199

ProjectManager.com

AUGUST 23, 2023

To understand what project health is let’s define it and the areas that should be monitored to make sure your project is healthy. As we’ll see in a moment, this requires a close monitoring of various elements of the project. ProjectManager has real-time dashboards to monitor the health of your project. Learn more.

Monitoring 293

Monitoring Risk Management Budget Risk 293

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? An organization’s risk champion (e.g.,

Risk Management 240

Risk Management Risk PMI Technical Review 240

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? Who will own the project risks.

Risk Management 199

Risk Management Risk Planning Monitoring 199

Project Risk Coach

JUNE 4, 2023

These projects often fail to meet their objectives, experience delays, exceed budgets, or even result in complete failure. Poorly Defined Objectives and Scope One of the primary causes of troubled projects is a lack of clearly defined objectives and scope.

Risk Management 243

Risk Management Technical Review Estimate Risk 243

ProjectManager.com

SEPTEMBER 14, 2023

Remember, a project is defined as time-bound that delivers a product or service. Their responsibilities are the same in that they plan, review plans, schedule tasks and monitor and control projects to ensure that they’re delivered on time without overspending. Traditionally, a project goes through five stages in its life cycle.

Software Review 370

Software Review Monitoring Technical Review Risk Management 370

Project Risk Coach

OCTOBER 23, 2021

3 Is an Opportunity a Risk, Really? 8 Evaluating Opportunities 9 Responding to Opportunities 10 Monitoring Opportunities. Project managers may use qualitative and quantitative risk analysis to evaluate opportunities. Consequently, these project managers and team members fail to take advantage of these upside risks.

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

ProjectManager.com

JUNE 15, 2021

So we thought it would be a great idea to take a look at what core qualifications are required of project managers and define their responsibilities and the common job descriptions for several PM roles. This involves creating a project schedule, securing the resources, defining the project goals, among many other things.

Certification 441

Certification Prince2 Monitoring PMI 441

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. Let’s define the four balanced scorecard perspectives. You have to define where you want to be over one year, two years, etc.

Performance Measurement 399

Performance Measurement Governance Government Initiating 399

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. But first, let’s quickly define other ITSM frameworks. What Is an ITSM Framework?

Process 329

Process Infrastructure Information Technology Monitoring 329

Resource Guru

APRIL 13, 2023

Monitoring and controlling a project is an essential part of any successful project process. So come with us as we go down the rabbit hole of monitoring and controlling, and show you just how important it really is. In this article, we’ll cover: What is monitoring and controlling in project management?

Monitoring 52

Monitoring Controlling Project Life Cycle Software Review 52

ProjectManager.com

MARCH 31, 2023

You need money to pay for the resources to meet the demands of the project within the time allotted. Now that we’ve determined what a project is, we can define project management as a discipline. Monitoring & Controlling: To ensure the project is proceeding as planned, you need to set up mechanisms for monitoring progress.

Project Life Cycle 402

Project Life Cycle Software Review Monitoring Budget 402

ProjectManager.com

JANUARY 3, 2024

Let’s define the term enterprise project management and then identify its unique challenges before going into what an enterprise project manager is and what an enterprise project management office is. An enterprise project management office also works to make sure projects meet their budgets and are completed on time.

Software Review 367

Software Review Budget Monitoring Risk Management 367

ProjectManager.com

DECEMBER 6, 2022

Another measure to prevent error is having a system to monitor your production in real time. Quality control is part of the larger quality management process, which focuses on meeting quality requirements. An X-bar chart is used in quality control to monitor the mean of successive samples of a constant size. X-Bar Chart.

Manufacturing 292

Manufacturing Controlling Risk Management Engineering 292

ProjectManager.com

OCTOBER 5, 2023

To understand cost control, let’s first define it and then we’ll show the steps you can take to implement cost control. Just toggle over to the dashboard and monitor costs in real time. Learn more How to Control Costs Being able to monitor costs in real time is important, but that’s only part of a thorough control cost process.

Controlling 334

Controlling Manufacturing Construction Underperforming Technical Team 334

ProjectManager.com

NOVEMBER 17, 2023

A service level agreement, often abbreviated as SLA, is used in IT and professional services to define what a vendor is expected to do. As noted, a service level agreement is used to define the level of service that a customer expects from a supplier. Therefore, to better understand what an SLA is, we’ll define the three types below.

Software Review 349

Software Review Monitoring Defining Logistics 349

ProjectManager.com

OCTOBER 6, 2023

They lead the strategic planning and project governance for the organization and define the project management methodologies that are used to manage those projects. They standardize best practices and oversee related business administration, risk management and change management. The responsibilities of a PMO director are varied.

PMO 347

PMO Software Review Governance Government 347

ProjectManager.com

JANUARY 6, 2022

A project execution plan is a document used to define how you will execute a project. That should be obvious from the name, but it also addresses the project scheduling, monitoring and controlling needed to bring the project deliverables. That can include listing the project stakeholders and defining all the project tasks.

Executing 326

Executing Planning Monitoring Project Life Cycle 326

Project Pulse Journal

NOVEMBER 18, 2023

Michael Shick, MSPM, PMP, CSM Project management isn't just about hitting milestones and meeting deadlines. Can you truly have a well-monitored project and a motivated team working harmoniously? Can you truly have a well-monitored project and a motivated team working harmoniously? The answer is a resounding YES!

Monitoring 40

Monitoring Controlling Technical Review Software Review 40

ProjectManager.com

AUGUST 22, 2023

Project planning is the second stage in project management, after initiation and before execution, monitoring and controlling and closing. Risk Management A project risk is an unexpected event, which can be positive or negative. These resources must be sourced, scheduled and managed so the right amount is on hand when needed.

Certification 357

Certification Leadership Risk Management Budget 357

ProjectManager.com

JULY 26, 2023

Before you can start a project — even before you can plan it — you first need to define the project in detail. To understand why, let’s define the term and compare it to other project documentation. A project initiation document (PID) is used to define the project thoroughly.

Initiating 285

Initiating Software Review Prince2 Risk Management 285

ProjectManager.com

NOVEMBER 2, 2022

Let’s take a look at how project assumptions are defined in project management and why they’re so important. Then we’ll learn about a project assumption log and how assumptions differ from constraints and risk. Then you can set a baseline to monitor project variance in real time to stay on track. What Are Project Assumptions?

Software Review 322

Software Review Risk Management Technical Review Risk 322

ProjectManager.com

JANUARY 25, 2023

How COQ does this, especially in project management, is what we’ll define. The cost of quality is a method by which an organization calculates how much it will cost to deliver a product or service that meets the quality expectation standard set in the project plan. Let’s first define these terms.

Underperforming Technical Team 332

Underperforming Technical Team Software Review Manufacturing Controlling 332

ProjectManager.com

MAY 14, 2024

Then we’ll define RAG status tolerance and go into the various project professionals who use RAG status when evaluating a project. When using RAG status, it’s first important to know how to define each color so you can use it to track your projects. There’s even a risk management overview. That’s what a RAG status does.

Software Review 346

Software Review Budget Closing Risk Management 346