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Risk Management Myths and Misconceptions Demystified: Insights and Tips for Project Managers

International Institute for Learning

One of the common myths about risk management is that it is time consuming, too hard, or mostly relevant for larger scale projects. The truth is that we passively accept all risks on the project if we do not actively plan a risk response strategy. Another common misconception is the difference between risks and issues.

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The Definitive Guide to Project Planning Software

Wrike

Every successful project needs a great plan. But how can you develop a project plan that’s actionable and easy to implement? More than 28% of projects end up failing due to inaccurate estimates and poor project planning. What is project planning? What is project planning software?

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What Project Managers say About Significance of Kanban Boards?

Taskque

We asked about the significance of Kanban boards in the life of a project manager at various platforms including Quora and Projectmanagement.com. Best responses from project management professional have been curated in this article as below: Peter Ambrosy , Sr. For some projects, this flexibility is great.

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Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Whether the aim is to enhance market competitiveness, drive innovation, or expand market reach, effective project governance systems are as important as a project plan and act as the linchpin that aligns every project initiative with these strategic imperatives.

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How Stakeholder Interaction and Engagement Impacts Project Complexity

International Institute for Learning

Some practical recommendations are listed below: – Communicate with the stakeholders to determine their expectations for the project. When we add hidden agendas that are contrary to the project’s business objectives, it becomes potentially more complex.

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Part II: A Simplified Approach to Determine IT Project Complexity

PM Times

Not only were they able to evaluate complexity, but they also used the data to estimate resources and project duration in a matter of minutes. It deployed a sophisticated approach referencing historical information and a scoring tailored to their environment. And this can be done without knowing the details of the project plan.

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Interview with Laura Dallas Burford

Stepping Into Project Management

She has experience with big four consulting organizations; was a managing director at a start-up international technology consulting organization; and currently is the owner of LAD Enterprises, a management consulting company.