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Managing Risk from Every Level of Your Organization

LiquidPlanner

If project management were an off-road 4×4 expedition, where teams had to plot a course through the unknown, cost and schedule contingency would be akin to the number of spare fuel cans you can carry successfully to complete the trip. Risk is not solved with a calculation. Are there unexpected risks now emerging?

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Level up your project schedules: 5 advanced techniques

Rebel’s Guide to PM

Perhaps your work is very linear so it’s so obvious you don’t need to go through the exercise of working it out. However, project managers should know about their project’s critical path, especially if there are lots of dependent tasks and the dates are a challenge. Contingency plans form part of your overall project risk management.

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Monte Carlo Risk Analysis in Project Management

Project Pulse Journal

By: Dr. Michael Shick, MSPM, PMP, CSM Are you a project manager struggling to predict the risks in your projects accurately during planning? This is where Monte Carlo Simulation transforms the art of project risk management into a more precise science, as part of quantitative risk analysis.

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Overcoming bias in project management

Rebel’s Guide to PM

Are you biased as a project manager? In this article we’ll talk about the different types of bias in project management. A project manager is the linchpin of a successful project. Let’s look at what heuristics and biases exist in management and what we can do to reduce their impact on our projects.

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How to Create an Event Budget

ProjectManager.com

An event budget is the estimated costs associated with putting on an event. Prices for things change and there’s an inherent risk in putting together an event that can impact your budget. Creating and managing a budget is one of the most important parts of delivering a successful event. Estimate Fixed & Variable Costs.

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Sauce & Spoon: Tips for Your Google Capstone course

Rebel’s Guide to PM

I’ve been managing projects for over 20 years and I found the Google Project Management Certificate capstone course quite tricky. For more general tips on how to earn the Google project management certificate quickly, read the story of how I passed the certificate in a week. Recommended Google Project Management Certificate 5.0

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Workshop Design with ChatGPT

Scrum.org

As you will learn, and despite being prone to lapse into project management speak, ChatGPT is remarkably capable of doing so, provided we feed it suitable prompts. I want you to create a schedule, name the exercises, and point to sources where I can learn more about the suggested activities.

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