The IIL Blog

SEPTEMBER 13, 2023

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Our risks were identified, but a response strategy was never created.

Risk Management 88

Risk Management Risk Cadence 2016 88

Rebel’s Guide to PM

JUNE 2, 2023

She wrote: I have been advised that you have to do a degree in a particular subject e.g. engineering, do project management training e.g. PMI®, PRINCE2® etc and work your way up in order to become a project manager. PMI reports an expected global need for 25 million new project professionals by 2030. Is this true?

Technical Review 336

Technical Review Prince2 Healthcare Certification 336

Kiron Bondale

JANUARY 23, 2022

In a presentation I gave to the members of a PMI Chapter on the topic of psychological safety, one of the attendees asked a great question. And when it comes to taking risks, provide the team with a clear understanding of their organization’s risk appetite and help them to define the limits for different types of risks.

Risk 194

Risk Risk Management PMI Leadership 194

Rebel’s Guide to PM

OCTOBER 29, 2022

PMI says that by 2027 employers will need nearly 88 million people in project-related roles. While PMI is an organization for project managers predicting the importance of their own community and you do want to take their figures in context, I do think they have a point. Project managers are the people who can make that happen.

Artificial Inteligence 481

Artificial Inteligence 2023 Technical Review 2027 481

ProjectManager.com

MARCH 8, 2018

For example, as noted, a program manager is overseeing multiple projects, or programs. The Project Management Institute (PMI) offers the Program Management Professional (PgMP) certification. The role is mostly operational, meaning it involves planning and governance for overseeing the program and its successful delivery.

Certification 233

Certification Finance Monitoring Software Review 233

Rebel’s Guide to PM

FEBRUARY 15, 2021

A Guide to the Project Management Body of Knowledge – ( PMBOK® Guide ) 7 th Edition represents a major shift in the way ‘how to do project management’ is presented by PMI. In this article, we’ll explain what the performance domains are and give you some examples of what you need to know about each one. But what does it actually mean?

Technical Review 466

Technical Review PMI Influencer Leadership 466

Rebel’s Guide to PM

OCTOBER 3, 2023

A Guide to the Project Management Body of Knowledge – ( PMBOK® Guide ) Seventh Edition represents a major shift in the way ‘how to do project management’ is presented by PMI. PMI defines a domain like this in the exam content outline: The high-level knowledge area that is essential to the practice of project management.

Technical Review 298

Technical Review Software Review PMI 2023 298

Rebel’s Guide to PM

JULY 12, 2021

PMI reports an expected global need for 25 million new project professionals by 2030. For example, let’s say you have a job as an IT team leader or marketing manager. Expect digital project management to earn more than retail, for example. Government jobs typically pay better than working in education. Combined degrees.

Technical Review 393

Technical Review PMO Healthcare Retail 393

Rebel’s Guide to PM

SEPTEMBER 22, 2020

PMI says that by 2027 employers will need nearly 88 million people in project-related roles. While PMI is an organization for project managers predicting the importance of their own community and you do want to take their figures in context, I do think they have a point. Project managers are the people who can make that happen.

2020 522

2020 Technical Review 2027 2030 522

Kiron Bondale

FEBRUARY 7, 2021

The project manager is well aware of the risks of proceeding without contingency, but the client is adamant. Contingency exists to protect a project’s success criteria from the impacts of realized negative risks. Being unable to secure schedule contingency is just one example of risk management failure.

Risk Management 358

Risk Management PMI Governance Government 358

LiquidPlanner

MARCH 20, 2018

Managing a distributed project team takes real skill and a definite commitment to putting a governance structure in place that enables success. Delivering Project Success via Good Governance. Governance is nothing more than how a project will be controlled to deliver intended outcomes. What “good” or “effective” work looks like.

Governance 89

Governance Government Project Life Cycle Energy 89

Kiron Bondale

FEBRUARY 20, 2022

Project management standards such as the PMBOK® Guide, Sixth Edition state that contingency reserves, which are established to offset the cost or schedule impacts of realized identified risks, are considered part of the project budget and cost baseline. This matches my own experience from the previous two companies I worked for.

Risk Management 328

Risk Management PMI Construction Budget 328

ProjectManager.com

AUGUST 27, 2019

For example, a government project is going to have a state official as project sponsor who will work with the construction company’s project manager. According to the Project Management Institute (PMI), the project sponsor role can be broken into three parts: vision, governance and value or benefits realization.

Defining 297

Defining Governance Government Initiating 297

Online PM Courses

NOVEMBER 4, 2018

The PMI Talent Triangle is a simple tool that reminds us all about the value of a broad range of professional skills. The most succinct – and possibly best known – articulation of that full range of capabilities is the PMI’s Project Management Talent Triangle. Just a Moment… Who or What is the PMI?

PMI 72

PMI Technical Review Certification Leadership 72

Project Pulse Journal

MARCH 7, 2024

Discover the importance of organizational governance systems, delve into essential project-associated functions, learn how to navigate the project environment, and ensure you are communicating and building relationships with internal and external stakeholders. Further, many organizations tend to have projects without a higher purpose.

Governance 52

Governance Government Technical Review Sustainability 52

The IIL Blog

JULY 12, 2023

There are 12 project management principles that address the following concepts: Stewardship Team Stakeholders Value Systems Thinking Leadership Tailoring Quality Complexity Risk Adaptability and Resilience Change Each principle has a label and the principle statement. For example, the principle label for Value is “Focus on Value”.

2009 148

2009 PMI 2023 2018 148

Rebel’s Guide to PM

JUNE 3, 2020

At least, the 1950’s were when project management emerged as a discipline to help manufacturing, construction and government initiatives deliver more reliably and with greater repeatability. I talk about how to choose, get started and collaborate with technology in my PMI best-selling book, Collaboration Tools for Project Managers.

2008 355

2008 Leadership Manufacturing PMI 355

Wrike

MAY 20, 2021

A lot of the reasons are procedural relating to scope definition , methodology, and communication, for example, but there is a common theme: an inadequate risk identification process. Poor risk management isn’t just an issue that impacts big businesses. What is risk management?

Risk Management 36

Risk Management Risk PMI Governance 36

Epicflow Blog

JANUARY 30, 2024

But most importantly, predictive analytics helps perform scenario analysis that allows you to find an optimum way to prevent future bottlenecks and risks. notify a project manager of potential risks or upcoming bottlenecks, and more. The idea isn’t new but is expected to remain relevant in 2024 and beyond.

2024 52

2024 Artificial Inteligence 2023 Technical Review 52

MPUG

APRIL 2, 2024

What is a Project The Project Management Institutes (PMI) PMBOK defines a project is “a temporary endeavor undertaken to create a unique product, service or result.” The project manager will also need to manage assumptions and risks related to the project. government began using it to manage complex defense projects.

Certification 52

Certification PMI Logistics Construction 52

Rebel’s Guide to PM

JULY 12, 2019

Only download templates from websites where you are confident in the source – don’t take any risks downloading files from sites that look and feel dodgy, to minimise the risk of accidentally downloading a virus Save a blank version of the template, then save another version with a file name related to your project.

Prince2 345

Prince2 Infrastructure PMO Software Review 345

Project Pulse Journal

APRIL 2, 2024

Enhanced decision-making, risk mitigation, resource optimization, and stakeholder satisfaction that propel your projects to new heights of success and recognition. Regulatory requirements are not optional; alignment with them should always be a vital part of your risk management. The result?

Governance 40

Governance Government Influencer Technical Review 40

MPUG

APRIL 11, 2022

War is hell, and not something any sane person plans for (outside of the government, that is). Our force majeure clauses in all risk assessments lay out what to do in the event of war, no? If not, wouldn’t the PMI PMBOK Guides definitively lay out the best practices and methodologies needed under these circumstances?

Underperforming Technical Team 111

Underperforming Technical Team PMI Software Review Governance 111

International Institute for Learning

MAY 3, 2023

Hybrid Schedule Variables Hybrid schedule variables include the governance needs of the project, the development approach you will use for various deliverables, and the number and timing of integration points. When you think about governance, think about decision points, phase gates and milestones. There are many other scenarios.

Governance 65

Governance Government 2009 2023 65

MPUG

APRIL 15, 2022

Now, I realize and recognize a lot of us, perhaps, all of us are PMP certified or aspiring to be or at least have worked in some capacity as a project manager or program manager and having knowledge of, or systems that perhaps are in place that are rooted in PMI’s theory as they had put forth throughout the legacy of the PMBOK Guide.

PMI 59

PMI Artificial Inteligence Governance Government 59

MPUG

DECEMBER 21, 2020

For example, in the medical profession, it’s “ Do No Harm ,” and for legal eagles, it is “ To Protect and to Serve.” For project managers nowadays, the most common resource for figuring out ethical behavior was laid out by the PMI Institute in 2011. A Brief History of Project Management Ethics.

2021 111

2021 PMI Artificial Inteligence 2011 111

Rebel’s Guide to PM

MAY 26, 2021

A project management degree is focused and you’ll learn topics like: Portfolio management Leadership skills Risk management Resource allocation and project resource management Communication skills specific to a project environment Managing project teams. Basically, a broad business education.

Technical Review 305

Technical Review Certification PMI Leadership 305

Online PM Courses

JULY 30, 2018

Below each Point of Project Failure are examples of primary reasons why projects fail. – 2 – Governance. Governance is hardly the most sexy of project management disciplines. Good governance is a cornerstone of project success, so poor governance inevitably leads to project failure. Click To Tweet.

Governance 124

Governance Government Estimate Technical Review 124

The IIL Blog

OCTOBER 24, 2023

Last week, for example, ChatGPT added speech generation capability to engage back and forth verbally and audibly. The future of AI in project management will depend on how we implement, use, and govern it! He received the PMI Fellow award in 2017. Weekly, new tools and capabilities are being introduced. Euguene earned an M.S.

Artificial Inteligence 88

Artificial Inteligence Technical Review ChatGPT Generative AI 88

Velociteach

FEBRUARY 1, 2023

Plan Elements The Plan is like a book with three main sections: Execution Parameters establish how the project will be managed along with the approach, required lifecycle phases, and governance procedures. Domain Management Plans describe how the project domains (PMI knowledge areas) will be planned, executed, and monitored.

Planning 52

Planning Technical Review Governance Government 52

PM Basics

DECEMBER 19, 2022

According to the PMI (Project Management Institute), stakeholders refer to the people, parties, or organizations that may have an interest in your project. Take, for example, a sponsor for your project. Stakeholder Management According to PMI (Project Management Institute). Log risks when appropriate in the Risk Register.

Process 111

Process Software Review Energy Influencer 111

International Institute for Learning

SEPTEMBER 6, 2022

I recall having a disagreement on how “proper” risk statements should be written with the PMO manager. Let’s get the PMs to even just do risk management on a regular basis , and then, let’s work on improving the process. Ruben has served with PMI Chapter Board of Directors. So, what does this story say?

PMO 59

PMO 2022 Governance Government 59

Project Pulse Journal

MARCH 13, 2024

In this article, we will explore the actions PMs can take to manage virtual project teams effectively, addressing common challenges and providing practical insights to enhance collaboration, governance, and performance. Define Roles and Responsibilities Clarifying roles and responsibilities is essential for governance.

PMO 52

PMO Technical Review Governance Government 52

International Institute for Learning

MARCH 29, 2023

By Cyndi Snyder Dionisio You can have an awesome schedule and a great risk management plan, but those won’t get the project done. The project sponsor approves the project schedule and budget baselines, ensuring the schedule and budget baselines reflect the risks involved, resource availability, and other variables. Approve baselines.

SCRUM 52

SCRUM Leadership Governance Government 52

Online PM Courses

SEPTEMBER 24, 2018

Fails to take risks seriously. But, alongside that option, set out the risks, so they can see what the consequences are of formally revising your objectives. The risks are too high, both in terms of: likelihood of failure. Poking their nose into the details. Never satisfied with progress or outcomes. Speaks off-message.

Governance 141

Governance Government Risk Management Controlling 141

Online PM Courses

SEPTEMBER 30, 2018

This is a schematic version of how the PMI represents it in the 6th Edition of its Project Management Body of Knowledge (PMBoK). Particular examples of overlaps and interfaces include: Benefits Management. And what governance will you set over your change control process ? What has Project Governance Ever Done for Us?

Planning 86

Planning Governance Government PMI 86

International Institute for Learning

OCTOBER 4, 2022

This can include: Project Management Institute (PMI ® ) publications. Gap can also exist for performance improvement expectations such as: Reduction in risk by a certain percentage, cost, or time. But we view the transitioning risk template as proprietary knowledge not to be shared.”. There are several types of benchmarking.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59