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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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Exploring Estimation Approaches: What is the Right Fit for Scrum Teams!

Scrum.org

Estimation is a complementary practice Scrum Teams use in Product D evelopment. The purpose of estimation is to provide a rough idea of how much effort, time, and budget are needed to complete specific features or PBI- Product Backlog Item of the product. or T-shirt sizes (XS, S, M, L, XL, etc.).

Estimate 158
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What Is Demand Planning? Tips, Strategies and Tools

ProjectManager.com

That’s where a process called demand planning comes in. What Is Demand Planning? Demand planning is a cross-functional process that businesses use to meet customer demand while avoiding supply chain or inventory management disruptions. That’s beneficial for your business’ supply chain management and inventory management.

Planning 430
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How to Actually Develop a Project Management Plan

Project Risk Coach

Featuring baselines, subsidiary plans, and other ancillary plans Do you know the 5Ps? Proper Planning Prevents Poor Performance. If this is true, why is it that some project managers put so little time in developing a project management plan? Focus on keeping the plans simple and practical.

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Measuring the Project Management Maturity of Your Organization

ProjectManager.com

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. This is done by using a project management maturity model. What Is Project Management Maturity?

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What Should You Include in Your Preconstruction Meeting Agenda?

ProjectManager.com

To help you once you break ground on your construction project, we’ll throw in some free construction project management templates on estimating, scheduling and budgeting. In a preconstruction meeting, project exceptions are defined, roles are clarified and risk mitigation strategies are discussed.

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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

It’s not uncommon for organizations to have more plans than they have funds. A capital improvement plan can guide an organization when it’s trying to figure out which large projects or purchases in which they should invest. But what exactly is a capital improvement plan? Can project management software facilitate this work?

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