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Cost Estimation for Projects: How to Estimate Accurately

ProjectManager.com

Good cost estimation is essential for keeping a project under budget. Many costs can appear over the life cycle of a project, and an accurate estimation method can be the difference between a successful plan and a failed one. Estimation, however, is easier said than done. Projects bring risks, and risks bring unexpected costs.

Estimate 314
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14 Common Project Risks (+ more)

Rebel’s Guide to PM

Risks matter. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

Risk 320
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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Assign work to your team members, manage resources, estimate costs, automate workflows and much more. If not, you’re going to risk scope creep. ProjectManager is a cloud-based project management software that has Gantt charts for traditional waterfall projects and kanban boards and task lists for more agile and flexible strategies.

SCRUM 392
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What Is Lean Portfolio Management? A Quick Guide

ProjectManager.com

This will give you an idea if it’s the right strategy to execute your portfolio management. Lean portfolio management is a process by which strategy is aligned with execution using a lean approach and agile portfolio operations and governance. What Is Lean Portfolio Management? Establish Strategic Themes. Manage Demand.

Lean 329
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How to Write a Business Case (Template Included)

ProjectManager.com

The need for a business case is that it collects the financial appraisal, proposal, strategy and marketing plan in one document and offers a full look at how the project will benefit the organization. Discern the risks and issues associated with each solution. Project Governance. Marketing Strategy. Project Budget.

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How to Start a Project Management Career

ProjectManager.com

It is a discipline that is used across industries as varied as construction, manufacturing and IT to healthcare, professional services and government. They develop strategies, develop IT risk management plans and maintain schedules and budgets. They also work towards reducing risk and provide status reports to clients.

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Supply Chain Risk Management and Its Mitigation Strategies

Techno-PM

As supply chain companies mature with budding scopes and complexity, supply chain risk management becomes inevitable in mitigating unexpected disruptions. What Is Supply Chain Risk Management? Supply chain risk management is a technique aimed at strategising, reassessing, and mitigating risks involved in the supply chain.