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14 Common Project Risks (+ more)

Rebel’s Guide to PM

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.”. As such, you may have a bit more influence on these if appropriate actions are taken early. Poor estimating. Sometimes the estimates are just rubbish. We have the solution!

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125 Project Management Buzzwords

The IIL Blog

Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate. Kanban board A visual tool used in Agile project management to monitor and manage project work.

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13 Reasons to Choose Agile Project Management Methods

LiquidPlanner

Robust agile estimation methods can improve quality by 250%. That’s largely down to consistent use of user stories, story points and breaking down stories into tasks with hour-based estimates. The work to estimate effectively requires teams to know a lot about what the task actually is.

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Project Management and Artificial Intelligence: Bring It On!

The IIL Blog

Gartner estimated that AI may replace 80% of project management activities by 2030. Stakeholder Engagement Spook.ai, the Stakeholder Monitor, could generate stakeholder profiles based on their emails, chats, social media, and “observation”. It could generate insights into the stakeholders’ interests, power, influence, and engagement.

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Creating a Risk-Adjusted Backlog

Leading Answers

While profit is not their goal, usually an economic impact figure can be estimated for the outcomes they aim to achieve. Then, in 2012 I presented a collection of Collaborative Games for Risk Management  at the Agile 2012 Conference in Dallas and PMI Global Congress in Vancouver. After The Economics of Risk Management.

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Improve Your Project Schedule

International Institute for Learning

Even with these powerful tools, only about half of all projects are completed on time, as reported in the PMI Pulse of the Profession.® Work packages are small deliverables that are assignable and estimable. Estimate the time needed to execute each task. It is possible to estimate each task’s resource needs and effort.

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Unlock the Power of the Project Management Plan

Velociteach

The team’s size, maturity, tenure, and proximity influence the ease of coordinating their efforts. Domain Management Plans describe how the project domains (PMI knowledge areas) will be planned, executed, and monitored. Scope, schedule, and cost are the primary metrics for monitoring project performance.