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Importance of Scenario Planning and Analysis in Business

ProjectManager.com

Then we’ll explore scenario planning in business and project management before explaining the steps that must be taken to use this process. Scenario planning is a strategy used to consider possible future events for an organization or project to develop an effective and relevant long-term plan to respond positively to that change.

Planning 339
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14 Common Project Risks (+ more)

Rebel’s Guide to PM

In this article we’ll look at common project risks so you can start filling up your risk log and making the right plans. 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.”. Plus, there should be a business case for the project!

Risk 328
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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

While scrum has been scaled to apply to bigger projects and organizations, its roots are in agile software development and has come to work seamlessly in that smaller, nimble environment. That hasn’t stopped practitioners from using scrum in varying industries, from retail logistics to event planning.

SCRUM 411
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The Project Charter Lays the Foundation

Velociteach

Community organizations and regulatory authorities will be important constituencies, particularly for public works or infrastructure projects. After identifying the stakeholders, we should assess, concern, and influence. At this point, the budget estimate may only be +50%/-30% of the final project costs.

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How to do Project Scheduling and Avoiding Scope Creep from the Start

Project Pulse Journal

It typically occurs when the project scope is not clearly defined, documented, or controlled and can result from informal requests or changes that accumulate over the project timelines. The project team members may feel pressured to deliver more within the same time frame, leading to stress and potential burnout.

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What is A System for Value Delivery in Project Management

Project Pulse Journal

The Project Environment The project environment, characterized by internal and external factors, significantly influences the delivery of value within projects. Building rapport and establishing a high-value relationship with the stakeholders is a must for project professionals.

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125 Project Management Buzzwords

The IIL Blog

Continuous Improvement The ongoing effort to improve a project process, product, or service to achieve better results. Cost Estimation The process of estimating project costs is done by leveraging historical data, expert judgment, or quantitative models. Also known as continuous process improvement.