The IIL Blog

OCTOBER 17, 2023

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. of a project. Also known as continuous process improvement.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Epicflow Blog

MARCH 22, 2024

Risk Analysis: Essential Components A risk is an event or circumstance with either a positive or negative effect on a project. To understand the impact of a risk-bearing event, a project manager should carry out a proper risk analysis to mitigate potential threats and avoid roadblocks to successful delivery.

Risk Management 52

Risk Management Controlling Risk Aerospace 52

Project Pulse Journal

MARCH 7, 2024

Through the optimization of processes, resources, and innovative methodologies, organizations bolster their competitive edge, positioning themselves for long-term viability amidst dynamic market landscapes. Negative risks or threats are events or circumstances that could potentially harm the project's objectives.

Governance 52

Governance Government Technical Review Sustainability 52

Wrike

NOVEMBER 15, 2021

A rough order of magnitude estimate, also known as ROM, is an estimation of a project’s level of effort and cost to complete. ROM estimates take place early in a project life cycle and guide strategy and planning choices. This will take up about 20% of your estimated total time allotted to the project.

Estimate 36

Estimate Risk Management Budget Project Life Cycle 36

Herding Cats

MAY 10, 2019

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. How to Deal with Project Risk Management Effectively In Your Organization?,” Scale Project Management Is Risk Management, “Robert N. Maxime Le Bras, “Large?Scale 117, July 1998.

Risk Management 38

Risk Management Risk Technical Review 2002 38

Herding Cats

MAY 11, 2019

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. How to Deal with Project Risk Management Effectively In Your Organization?,”

Risk Management 35

Risk Management Risk Technical Review 2002 35