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Types of Risks In Project Management – Are All Risks Equal?

WorkOtter

Risks are common in business. These risks carry uncertainties which pose potential threats to the financial health of the organization. Projects help the business reach objectives and goals, and with each project comes its own set of risks. Importance of Risk Analysis in Project Management What is a risk in project management?

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Creating a Risk-Adjusted Backlog

Leading Answers

This article explains what a risk-adjusted backlog is, why they are useful, how to create one and how teams work with them. What is a Risk-Adjusted Backlog? A risk-adjusted backlog is a backlog that contains activities relating to managing risk in addition to the usual features associated with delivering value.

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Estimating Projects: What you Need to Know

nTask

Estimating projects is part and parcel of project management for any project. However, estimating projects with accuracy is not always so successful. In fact, many of the issues in project management can be traced back to failed attempts at estimating projects. Why Does Estimating Projects so Often go Wrong? Your project.

Estimate 148
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How To Be An Estimating Superhero

Rebel’s Guide to PM

A statistical model for estimating isn’t normally something I’d put in the ‘make my job easy’ box, but I might just have found one that works. He’s taken the PERT (Project Evaluation and Review Technique) estimating approach to the next level by letting you add a dash of professional judgement in with the numbers. OK, I get it.

Estimate 150
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Cost Estimation in Project Management – An Introductory Guide for PMs

nTask

Thus, cost estimation in project management is essential for predicting the project’s scope. The big difference between a project with and without cost estimation is that you’re somehow prepared for the latter as you’d have already predicted the budget constraints in your cost estimation process. Agreed, right?

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7 Secrets to Successful Project Manager/Team Collaboration

Rebel’s Guide to PM

These can be broken down in smaller, more manageable sub-tasks and estimated by the team. However, at times, resource requirements, blocks, and other issues may put the team’s time on the project at risk. Tasks are continually added during the project. These can relate to technical debt, bugs, new requirements, etc.

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Fireside Chat: Tempo + LiquidPlanner

LiquidPlanner

Discussion included company introductions, a demo showcasing the magic of LiquidPlanner, what to look forward to in the product roadmap, and each panelist’s secret superpower wish. LiquidPlanner harnesses the power of ranged estimation to capture uncertainty for best-case, worst-case scenario modeling.

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