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What Is Program Governance? Importance & Benefits

ProjectManager.com

A program is a set of connected projects that are under the oversight of a steering committee, which is the program governance body. Program governance is a critical component to successfully managing a program of projects. But what does program governance mean and why is it so important? What Is Program Governance?

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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

To better illustrate how a balanced scorecard works, we’ll also show an example of one and then share a free template to help you get started with yours. A balanced scorecard is a strategic management performance metric. Balanced Scorecard Example Let’s look at a real-life example. What Is a Balanced Scorecard?

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

There are many things that are needed when managing a project. Then we’ll get into some examples to fully illustrate their meaning. An organizational process asset is a tangible resource that’s used to guide the management of an organization’s projects and operations. Some of these are called organizational process assets.

Process 360
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The Risk Management Process in Project Management

ProjectManager.com

It sounds negative, but pragmatic project managers know this type of thinking is preventative. Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project. Project dashboards help you identify risk before they turn into issues. How to Manage Risk.

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Exploring the differences: Projects vs operations examples

Rebel’s Guide to PM

When it comes to managing them effectively, understanding the differences between projects and operations is key. Ops managers want (and seek) stability so they can manage process performance. The status quo is good but project managers keep changing things! In my experience, that creates tension.

Retail 405
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Process Manufacturing: Definition, Benefits and Examples

ProjectManager.com

We’ll then outline the top benefits and provide a few examples across industries to make process manufacturing clear. One example is food and beverages, but it can also be found in oil refining, the production of gasoline, pharmaceuticals, personal care products, cosmetics, specialty chemicals, plastics, metals, paints and even alcohol.

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How to Identify and Manage Emerging Risks

Project Risk Coach

Ask 10 different risk management experts to define emerging risks, and you will likely receive different points of view. In this article, let's define emerging risks, discuss ways to identify them, and look at different ways to manage these risks. What are Emerging Risks? Click to Tweet. I get this.