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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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Workload Analysis: Steps, Examples & Tools

ProjectManager.com

Workload analysis is how project managers figure out how many team members they will need to properly execute a project. Being able to see the workload of your team during the execution phase of the project is part of the monitoring and controlling phase. Project management software helps with workload analysis and capacity planning.

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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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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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What are the Risk Management Roles in Projects and Programs?

Project Risk Coach

As a project manager, you constantly juggle a million tasks at once. This article will provide clear guidance on how to define and assign risk management roles and responsibilities for projects and programs. Ensuring that all of the risks are addressed can be a daunting task, particularly for larger, complex projects.

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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.

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Schedule of Values in Construction (Example & Template Included)

ProjectManager.com

It can be used to communicate what’s needed in the project, the costs associated with the activities and the management of payments. But what is a schedule of values and why is it such an essential construction project management document? ProjectManager’s Gantt charts manage your human and nonhuman resources.