Rebel’s Guide to PM

JANUARY 23, 2023

Are you looking for a way to better manage the risks associated with your projects? Risk audits are an effective tool that can help project managers and program managers identify potential issues before they become problems. What is a risk audit in project management? Who carries out the risk audit?

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Scrum.org

MARCH 16, 2024

These striking innovations, which look like toys, are the facade of a profound shift in the industrial paradigm based on speed of change, open-source, decentralization, and composability. How can Scrum principles be applied in the defense industry? Each new piece cost proportionally less than the previous one. The problem?

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Agile Technical Review Manufacturing Innovation 145

Epicflow Blog

JUNE 10, 2022

Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?

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Rebel’s Guide to PM

AUGUST 29, 2021

Risks matter. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

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Rebel’s Guide to PM

MAY 17, 2021

Professor Tirado is a native New Yorker, and when he started out in this field he was one of 5 people in the world who married together managing initiatives through projects and industrial psychology. In today’s Clubhouse room, we talked about what industrial psychology is and what it means for people in the project profession.

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Technical Review Underperforming Technical Team Initiating Artificial Inteligence 370

Wrike

SEPTEMBER 30, 2023

Effective risk management is crucial for the success and sustainability of any business. By identifying and addressing potential risks, organizations can minimize their impact and ensure continuity of operations. These risks can arise from various sources, such as financial, operational, legal, or technological factors.

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PM Basics

SEPTEMBER 8, 2022

I’ve been managing software development projects for more than 11 years. Risk management is arguably the most crucial piece in my project management approach. Therefore, I spent lots of time and effort creating a practical risk management process. You’ll get the whole risk management process below.

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ProjectManager.com

AUGUST 27, 2021

Demand planning is a cross-functional process that businesses use to meet customer demand while avoiding supply chain or inventory management disruptions. That’s beneficial for your business’ supply chain management and inventory management. Either way, you lose money due to poor demand management.

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Planning Software Review Artificial Inteligence Underperforming Technical Team 430

nTask

OCTOBER 7, 2021

Project management is no different. A risk management plan is how you can get your team on the same page. Here is everything you need to know about why you should create a risk management plan and how to do so. What are Project Risks? Difference Between a Project Issue and a Project Risk.

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Wrike

JUNE 18, 2023

The importance of risk management cannot be overstated. With increasing reliance on technology and the ever-growing threats of data breaches, cyber attacks, and system failures, organizations must be proactive in identifying, assessing, and mitigating risks. This is where risk management software comes into play.

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Rebel’s Guide to PM

APRIL 22, 2019

Risk management is one of the core knowledge areas for project managers. You’ve identified and assessed your project risks—both threats and opportunities. Now, you are planning your risk responses with your risk owners. A risk response is the way you intend to address the risk. Harry Hall.

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The IIL Blog

NOVEMBER 8, 2023

By Dr. Elissa Farrow November 8, 2023 In the ever-evolving landscape of portfolio management, organisations can now leverage advanced technologies to not only improve traditional practices but to also unlock new dimensions of efficiency and effectiveness. Predictive Analytics: AI-driven predictive models forecast project success and impact.

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Rebel’s Guide to PM

NOVEMBER 16, 2023

In our annual global survey , one in five (21 percent) respondents say they are using AI always or often in project management. In this article, we will cover strategies to usher in this adoption and certain tasks that can be augmented with AI. Specifically focused on generative AI applications in projects, mainly ChatGPT.

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MPUG

MAY 6, 2024

In Part 1 of Effective Use of Artificial Intelligence Tools , we explained AI and its uses for predictive analysis in Project Management. In part 2, we will go a little deeper into AI with 3 more ways that AI is revolutionizing project management. But there are more than just those 8 uses for AI from our last article.

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nTask

DECEMBER 30, 2022

In today’s highly competitive risk market, an effective risk management strategy is more essential than ever. Regardless of industry, being prepared for what can happen throughout a project ensures that you are well prepared to lead your team to successful execution.

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Risk Management Risk Monitoring Executing 88

Epicflow Blog

MARCH 22, 2024

This article is inspired by the webinar featuring Epicflow co-founder Jan Willem Tromp and professor Mario Vanhoucke based on his latest book “The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control”. So, what do you need for an efficient risk analysis?

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The IIL Blog

JANUARY 17, 2024

Frohnhoefer In the ever-evolving landscape of project management, staying ahead of the curve is not just beneficial—it’s imperative. As we step into 2024, the dynamics of project management continue to shift, demanding professionals to be agile, skilled, and strategically focused. Not sure where to begin?

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The Strategic Project Manager

MARCH 11, 2024

This post explains what the Strategy Canvas tool is, and how to create a basic Strategy Canvas. Finally, it details the use and benefits of the tool for practicing strategy and project management. What is the Strategy Canvas Tool? The Strategy Canvas tool is a management tool introduced by W.

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The IIL Blog

MARCH 26, 2024

By Ruchi Gupta, PMP ® , PgMP ® , PMI-ACP ® , PMI-RMP ® , SAFe, DASSM, SIP, Jira CBAP ® The accelerating rise of Generative AI tools like ChatGPT, Gemini, Copilot, and others is rapidly reshaping the way project management operates. The Project Management Office (PMO) is no exception.

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Techno-PM

SEPTEMBER 26, 2022

As supply chain companies mature with budding scopes and complexity, supply chain risk management becomes inevitable in mitigating unexpected disruptions. What Is Supply Chain Risk Management? Supply chain risk management is a technique aimed at strategising, reassessing, and mitigating risks involved in the supply chain.

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Risk Management Artificial Inteligence Risk Software Review 36

The Strategic Project Manager

FEBRUARY 21, 2024

Finally, it looks at the impact and application of the Buyer Value Equation framework for developing strategy and managing projects. The “Buyer Value Equation” is a concept used in marketing and business strategy to quantify the value proposition that a product or service offers to potential buyers.

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PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free. Risk Management Plan Definition. Risk Register, WBS). Monitoring Risks.

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Risk Management Risk Planning Technical Review 105

Project Risk Coach

JULY 23, 2018

It's easy to miss project risks. And, until a project manager has identified the threats and opportunities, the risks cannot be managed properly. Projects rise and fall with the project manager's ability to properly identify and manage their most significant risks. Risk Identification Techniques 1.

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Risk Risk Management Budget Estimate 186

The IIL Blog

MAY 8, 2024

Project managers keen on levelling up in this field are well aware of the future benefits this industry offers. At present, project management is a high-income field, with many employment opportunities in various industries such as Information Technology (IT), finance, healthcare, and even construction sectors.

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Finance 2024 Healthcare Certification 88

Planio

MARCH 11, 2024

Project management is a risky business. Risk management is the art of anticipating potentially project-derailing dangers and putting actionable steps in place to minimize their impact. Risk management is the art of anticipating potentially project-derailing dangers and putting actionable steps in place to minimize their impact.

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Risk Technical Review Risk Management Budget 88

ProjectManager.com

AUGUST 22, 2023

What qualifications do you need to land a project management job? What Are Project Management Qualifications? Being qualified for a position as a project manager means you have the skills, experience and temperament for the job. Qualified project managers need the right tools for the job. Thanks for watching!

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ProjectManager.com

SEPTEMBER 14, 2023

While businesses run projects, they also have strategies and objectives that must be met. All of these things and more make them a perfect candidate for business project management. Let’s first explore the definition of business project management. What Is Business Project Management?

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Wrike

JUNE 11, 2023

Risk management has become an integral part of organizational success. Effective risk management allows businesses to identify potential threats, assess their impact, and implement strategies to mitigate or avoid them altogether.

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The Strategic Project Manager

MARCH 14, 2024

It defines it, compares and contrasts it from similar approaches, and then looks at the impact of leveraging Value Innovation in the practice of strategy and project management – developing a Value Innovation Strategy. What Is a Value Innovation Strategy? “Value innovation” is a concept introduced by W.

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Wrike

OCTOBER 5, 2023

While these partnerships can bring numerous benefits, they also introduce a level of risk that must be effectively managed. Vendor risk management is a critical discipline that ensures businesses can safely engage with external partners while safeguarding their own interests.

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Risk Management Risk Underperforming Technical Team Monitoring 36

ProjectManager.com

OCTOBER 6, 2023

PMO stands for project management office and it’s responsible for the project management standards in an organization. The two others are the program management office and the portfolio management office. Either way, it’s run by a PMO director. There are different types of PMOs, all headed by a PMO director.

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Wrike

JUNE 11, 2023

Businesses of all sizes and industries are constantly exposed to various risks that can negatively impact their operations, reputation, and overall success, and the importance of risk management cannot be overstated.

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Risk Management Risk Healthcare Governance 36

Rebel’s Guide to PM

AUGUST 2, 2022

Earlier this year, searches for “project management” reached an all-time high on Google , and these searches are widespread, reaching the far corners of the globe. The surge in project management is creating a career path for changemakers. Here’s what those career benefits of project management look like.

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2030 PMI Infrastructure Certification 466

Productivity Land

JANUARY 23, 2024

Market analysis has become an essential tool for businesses of all sizes and industries that want to assess the external factors that impact their performance, strategy, and valuation. For example, you can evaluate the risks and opportunities of your project based on market research data and financial projections.

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ProjectManager.com

DECEMBER 7, 2023

These can influence the outcome of the project, program or portfolio so they must be managed. That’s why project managers and their teams need to take time to identify enterprise environmental factors that might influence their projects and figure out an action plan to mitigate or respond to them in a timely, effective manner.

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Wrike

OCTOBER 6, 2023

In the world of project management, uncertainty is an ever-present element that can greatly impact the success or failure of a project. It is essential for project managers to understand the nature of uncertainty and how it manifests in various forms. This uncertainty can impact project timelines and deliverables.

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ProjectManager.com

AUGUST 22, 2019

Create a risk assessment document in order to prepare for the inevitable. An IT risk assessment template gives you the tools to see what might be waiting around the corner. Why You Need an IT Risk Assessment Template. The list of risks to an IT environment are long. Every project is inherently risky. Download Now.

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