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Risk Mitigation in Project Management

ProjectManager.com

Risk is something every leader knows well. We all need to become comfortable with some risks. We are never going to eliminate all risks. What Is Risk Mitigation? It involves a process that we’ll explore in a moment but basically addresses the top risks in order to fully protect the project. Learn more.

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The Risk Management Process in Project Management

ProjectManager.com

It sounds negative, but pragmatic project managers know this type of thinking is preventative. Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project. Project dashboards help you identify risk before they turn into issues. How to Manage Risk.

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

There are many things that are needed when managing a project. An organizational process asset is a tangible resource that’s used to guide the management of an organization’s projects and operations. Organizational process assets may also include schedules, risk data and earned value data.

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Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

Welcome to project management 101. Project management can seem like a daunting discipline, but once you get a grasp of the fundamentals and combine that with some intuition, you’ll be on your way to leading successful projects, no matter your situation. What Is Project Management? Get started for free today.

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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

The use of capital budgeting offers an objective view that helps managers figure out how to invest capital in order to increase business value but also helps the overall health of the company. Capital budgeting is part of the larger financial management of a business, focusing on cash flow implications when making an investment decision.

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8 Free Risk Management Templates for Excel

ProjectManager.com

If there’s one thing you can be certain of when managing a project, it’s change. Although it’s impossible to predict the future, with these free risk management templates, you can better prepare for the unexpected and be more apt to keep your project on track. However, templates can only do so much.

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Process Manufacturing: Definition, Benefits and Examples

ProjectManager.com

Controlling process manufacturing production is assisted by project management software. ProjectManager is award-winning project management software with powerful Gantt charts that plan out the entire process of manufacturing step by step to ensure everything is done properly. This helps businesses allocate resources when needed.