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Risks in the project: an overview

Inloox

Know the risks in your project! Risk management plays an enormously important role in project management. The task here is to identify, analyze, control and ultimately minimize risks. Although some risks can be eliminated with a suitable solution strategy, certain risks can never be completely avoided in the project context.

Risk 172
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Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Is it challenging to navigate the complex landscape of project governance frameworks? In this article, we will dive deep into organizational and project governance and systems in project management. At the heart of this lies the robust framework of Organizational Governance Systems.

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Planning for those project disasters that no one wants to think about

Kiron Bondale

Boards play a key governance role in the successful running of companies. If the sponsor or key risk owners are ignoring looming threats, the steering committee could push them to do more and can encourage these stakeholders to take a more proactive stance. Steering committees play a similar role when it comes to projects.

Planning 334
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How AI is Driving Strategic Decision-Making in Business and Government

The IIL Blog

A recent McKinsey Government agencies historically lag the private sector in the adoption of such innovations, so we can surmise an even lower figure for government agencies. Still, despite the growing use of AI in day-to-day tasks, only a minority of businesses use it for strategic decision-making.

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Managing Project Assumptions and Risks

The IIL Blog

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.

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PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

The History of PRINCE2® PRINCE2® is part of the best practice guidance that came out of the UK Office of Government Commerce. A British government agency, the Central Computer and Telecommunications Agency, licensed it for use in government IT projects back in 1979. It was renamed PRINCE. How are we doing it?

Prince2 363
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Gate Reviews: What Project Managers Need To Know

Rebel’s Guide to PM

Project governance is an important part of project management processes – even if it’s not the most exciting part of getting work done. Governance is a key part of that, and gate reviews are part of navigating through the project. Governance is a key part of that, and gate reviews are part of navigating through the project.

Prince2 400