article thumbnail

Why Knowledge Base Software is Essential in Enterprise Project Management

Wrike

In this article, we will explore the role of knowledge base software in supporting enterprise project management and its benefits in enhancing project success. It allows businesses to efficiently manage resources, mitigate risks, and ensure deliverables are completed on time and within budget.

article thumbnail

Big words in risk management

Musings on Project Management

Here's three of the biggies from the domain of risk management which are explained below with some examples: Knowledge errors and omissions: There's a project event coming up. it's the knowledge base for the assumptions. The circumstances and factors for success are not really random.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

Officially defined by the Project Management Institute’s Project Management Body of Knowledge (PMI’s PMBOK) as “the plans, processes, policies, procedures and knowledge bases specific to and used by the performing organization,” operational process assets influence the management of a project. Let’s define each of these types.

Process 367
article thumbnail

Risk Management Plan Example (Comprehensive Guide+Tempalte)

PM Basics

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). Risk Management Plan Template.

article thumbnail

Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

Organizational Process Assets (OPAs) are the collective knowledge, experience, and information that an organization has accumulated over time. OPAs include standard processes, procedures, tools, techniques, templates, and corporate knowledge bases or other resources used to manage projects or operations.

Process 422
article thumbnail

10 Reasons Why Teamwork Matters in Project Management

Rebel’s Guide to PM

Teamwork encourages risk-taking Working as a team encourages risk-taking. When you shoulder the responsibility yourself, you may be inclined to take fewer risks because the personal and professional consequences of failure. Additionally, risk identification is easier as there are more perspectives to draw from.

article thumbnail

Good Project Manager vs Bad Project Manager

Rebel’s Guide to PM

A Bad Project Manager does not understand domain areas , and they do not take the initiative to build up their knowledge base. Instead, he or she provides recommendations and options as well as highlights potential risks to consider in order to estimate a given task. Documentation. Proactivity.

2021 479