ProjectManager.com
NOVEMBER 28, 2023
Officially defined by the Project Management Institute’s Project Management Body of Knowledge (PMI’s PMBOK) as “the plans, processes, policies, procedures and knowledge bases specific to and used by the performing organization,” operational process assets influence the management of a project.
Inloox
APRIL 16, 2024
How to perform a SWOT analysis Once the SWOT analysis is completed: 5 key approaches for strategy development Concrete example: SWOT analysis in a software development project Conclusion 1. This knowledge enables the project team to develop and implement risk management strategies to avoid potential obstacles or mitigate their impact.
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ProjectManager.com
MAY 9, 2024
There’s a section explaining the importance of tracking budget variance in project management and different project aspects to consider when tracking budget variance. The definition comes from probability theory and statistics. Project managers use budget variance analysis when managing projects.
ProjectManager.com
MAY 16, 2024
That is easier said than done as there’s no definitive way to predict the future. Operationa l scenario planning reviews all potential outcomes of a certain decision and how they can influence the business or project. Estimate Costs and Resource Utilization Having a scenario plan is only the first step.
ProjectManager.com
MARCH 2, 2020
Project controls are a set of tools, processes and people skills that are used together to help project managers have the right information, at the right time, to make the right decision. This means saving the project and the organization time and money. Implementing Project Controls. Project Implementation.
Rebel’s Guide to PM
AUGUST 29, 2021
In this article we’ll look at common project risks so you can start filling up your risk log and making the right plans. The PMI definition of risk is: “an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.”. Plus, there should be a business case for the project!
The Strategic Project Manager
FEBRUARY 21, 2024
Quality can significantly influence the perceived value of a product or service. Emotional appeal can be influenced by factors such as branding, design aesthetics, storytelling, and alignment with the buyer’s values or aspirations. Limited Scope – May not capture all relevant factors influencing buyer behavior.
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