The IIL Blog

OCTOBER 4, 2023

By Vincent Marguier October 4, 2023 Risk management is a dynamic component of any project, where risks—and opportunities—must constantly be assessed and monitored to deliver in the most successful way. When the end user is a patient, we must reduce the risk factor to the strict acceptable minimum, straight from the start.

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Initiating Risk 2023 Prince2 88

ProjectManager.com

JUNE 15, 2021

There are two major certifying bodies, PRINCE2 and the Project Management Institute (PMI). The project manager’s first role is making a feasible plan that achieves the goals and objectives of the project and aligns with the organization’s overall business strategy. Risk Management. Risk management. That’s called an issue.

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Certification Prince2 Monitoring PMI 441

ProjectManager.com

AUGUST 23, 2023

PMI offers PMP certification, but also PRINCE2 Practitioner, though this methodology is mostly found in the UK. They develop strategies, develop IT risk management plans and maintain schedules and budgets. They also work towards reducing risk and provide status reports to clients.

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Manufacturing Construction Certification Engineering 294

The IIL Blog

NOVEMBER 29, 2023

It reviews each of the key offerings, from the globally acclaimed Project Management Professional (PMP®) and PRINCE2®, to the more agile -minded certifications like ScrumMaster and Product Owner. PRINCE2® Practitioner PRINCE2 ® Practitioner certification is designed for project managers, aspiring project managers (i.e.,

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2024 Certification Prince2 PMI 166

Rebel’s Guide to PM

JUNE 2, 2023

She wrote: I have been advised that you have to do a degree in a particular subject e.g. engineering, do project management training e.g. PMI®, PRINCE2® etc and work your way up in order to become a project manager. From airlines to zoos, project managers deliver change and make strategy happen. Is this true?

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Technical Review Prince2 Healthcare Certification 336

Project Pulse Journal

APRIL 21, 2024

By: Hajime Estanislao, PMP, CSM Adaptive project management is a vital strategy in a world where project landscapes are shifting. This methodology is distinguished by its flexibility, allowing project teams to modify strategies and operations in response to evolving requirements, stakeholder feedback, and external changes.

Technical Review 52

Technical Review Lean Prince2 Software Review 52

Project-Management.pm

MARCH 30, 2017

When you align projects with the organization’s strategy, it’s usually a given you do the same with your methodologies. And that is how PRINCE2 possesses some qualities that project manager s look for when it comes to tailor-made methods. What Is PRINCE2? PRINCE2 Benefits. PRINCE2 Benefits #2 – Helps Bust Risks.

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Prince2 Certification Risk Management Controlling 60

ProjectManager.com

JULY 20, 2023

They’re also tasked with understanding their client’s business and even directing some aspects of their project, such as helping the project manager create a strategy, assess risk and more. A project management consulting firm is less likely to make costly mistakes and thus will also minimize your risk while delivering quality.

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Consulting Certification PMI Technical Review 381

Scrum.org

APRIL 13, 2020

As it turns out, both PRINCE2 and the PMI institute start from the assumption that projects represent complex work and that they are unpredictable and risky. Where the Scrum Framework relies on empiricism (learning from experience), plan-based approaches like PRINCE2 rely on rationalism (learning by reasoning)?—?two Busting The Myth.

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SCRUM Prince2 PMI Risk Management 235

The IIL Blog

MARCH 5, 2024

The two Strategic Leader modules are: Direct, Plan and Improve; and Digital and IT Strategy. This approach benefits organisations, promoting operational excellence and bringing about improved proactive risk management and service resilience. Source: Axelos, ITIL 4 certification scheme Can it apply outside of a technology function?

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Defining Certification 2008 Prince2 167

Project Pulse Journal

APRIL 8, 2024

This domain facilitates strategic alignment, optimized delivery cadence, methodology customization, increased flexibility, and improved risk management. By embracing a clear, structured, and flexible framework, each phase of the project's life cycle can be optimized for efficiency, risk mitigation, and stakeholder contentment.

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Underperforming Technical Team Cadence Development Team Review Technical Review 52

Rebel’s Guide to PM

AUGUST 6, 2022

It is made up of people who have an interest in the project: representatives from each of the key stakeholder communities, who meet on a regular basis to provide direction, authority to proceed and to decide on the strategy for the project. That’s the minimum (and the approach advocated by PRINCE2). Risks and issues.

Governance 358

Governance Government Risk Management Technical Review 358

ProProfs Project Management

JUNE 2, 2020

PRINCE2 (Projects In Controlled Environments). Risk Mitigation. PRINCE2 (Projects In Controlled Environments). PRINCE2 is quite different from PMP certification. Unlike the PMP certification, beginners are applicable for PRINCE2. Risk Mitigation . What Certifications Do You Need To Become a Project Manager?

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Prince2 Underperforming Technical Team Certification Software Review 99

Rebel’s Guide to PM

JANUARY 24, 2022

Virtual Leadership: Practical Strategies for Getting the Best Out of Virtual Work and Virtual Teams. AI can accurately identify potential risks in a project and augment a project leader’s decision-making ability by analyzing data from multiple projects at the same time.”. Make sure you’re alert to burnout in remote teams.

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2022 PMO Risk Management Artificial Inteligence 484

ProProfs Project Management

JANUARY 9, 2020

Clearly defining potential project risk factors. Strategies to manage your resources efficiently. Reduce project risks considerably. PRINCE2 stands for: PR ojects . PRINCE2 is actually a de facto standard used by the UK government and is a very process-oriented methodology. Pros and Cons of PRINCE2 Methodology.

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Prince2 Lean SCRUM Governance 122

Henny Portman

OCTOBER 7, 2020

Looks like they embraced my idea to add a quick reference card as I did when writing the official Directing Successful Projects with PRINCE2 guide. The first thing you see when opening the guide is a summary or quick reference card of MSP. Themes are collectively applied during the processes throughout the programme lifecycle.

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2011 Governance Government Prince2 92

Project Pulse Journal

APRIL 2, 2024

Imagine possessing the ability to seamlessly integrate the intricate web of internal stakeholders and external factors into your project strategy. Envision your projects thriving amidst the chaos, fortified by adaptive strategies and an unparalleled understanding of every variable at play. The result?

Governance 40

Governance Government Influencer Technical Review 40

Herding Cats

MAY 10, 2019

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003.

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Risk Management Risk Technical Review 2002 38

Agilemania

SEPTEMBER 30, 2021

It is evident that the Product Manager role is more aligned with strategy and market-facing, wherein the Project Manager is more aligned with the execution. Project Manager as a role comes from PMI and PRINCE2, wherein Product Owner is a role defined in Scrum (A foundational framework for Agile).

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Prince2 SCRUM Consulting 2020 52

Project Pulse Journal

NOVEMBER 12, 2023

By managing the critical phase of project initiation, you'll set clear objectives, manage risks, draw in critical stakeholders, and allocate resources effectively. This roadmap guides every subsequent decision, from resource allocation to risk management, ensuring the project remains aligned with organizational goals.

Initiating 40

Initiating Technical Review Prince2 Risk Management 40

Project Pulse Journal

NOVEMBER 16, 2023

So, whether you're a newbie or someone looking to refine their project execution plan and strategy, dive in. By following the insights and strategies outlined below, you'll be equipped to lead your projects with competence and confidence. Without it, the project risks derailment, costly delays, and likely failure.

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Executing Software Review Technical Review 2017 40

Project-Management.pm

MARCH 23, 2017

The following reasons are very common: the client made an unexpected change , the time was not managed properly or the risks were not addressed properly. Such approach is named project-based planning and is considered an essential component of methods or approaches such as PRINCE2®.

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Prince2 Risk Management Risk Budget 93

Herding Cats

MAY 11, 2019

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs.

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Risk Management Risk Technical Review 2002 35

Workamajig

OCTOBER 7, 2019

Managing project risks and changes. Over 3 days, you’ll learn both hard skills (such as planning your communication strategy ) and soft skills such as leadership and motivating team members. Projects in Controlled Environments (PRINCE2). This certification from Axelos officially recognizes your capabilities as a PRINCE2 expert.

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Prince2 Certification PMI Underperforming Technical Team 74

Techno-PM

MARCH 16, 2022

Overview: The Project Management Institute's Registered Risk Manager Program (PMI-RMP®) is a risk management certification for project managers. The program covers the process of managing risk in projects and organizations and provides an understanding of how to build more sustainable, resilient systems.

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PMI Certification Risk Management Prince2 36

Epicflow Blog

MAY 14, 2019

Perform Risk Management. Consider introducing risk management measures such as simulations and predictions to be ready for the bottlenecks that might compromise your projects in the future. For effective risk management, it might be reasonable to consider using a project management tool such as Epicflow.

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Underperforming Technical Team Technical Review 2002 Software Review 75

ProjectManager.com

AUGUST 29, 2023

Minimally Viable Product (MVP) This is a term that refers to releasing a product with the highest return on investment versus risk, and was coined as a term by Frank Robinson and popularized by Steve Blank and Eric Ries. Risk On projects, risk refers to the precise probability of specific issues and how they may impact the project.

Software Review 393

Software Review Underperforming Technical Team Lean Event Chain 393

International Institute for Learning

MARCH 20, 2019

They will not hesitate to make strategic decisions whenever the time is right and not just in “strategy summits” where a chosen few executives make plans for the rest of the organization for a year or more. They encourage their teams to take risks and make it safe to fail sometimes. They make clear priority calls whenever required.

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Agile Underperforming Technical Team Prince2 Lean 63

Online PM Courses

NOVEMBER 4, 2018

Risk management. Certifications in PRINCE2 ( Foundation , Practitioner , and Agile Practitioner ). In discussing the Talent Triangle, PMBoK emphasises three business-oriented skills you’ll need, to fit your project into the mission and strategy of your organization: Explaining the business aspects of your project.

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PMI Technical Review Certification Leadership 75

Henny Portman

APRIL 9, 2019

If I look at templates used by organisations you are running the risk of large documents. 1] In my book PRINCE2 in practice, I used the same set-up. Foundation Summary. Evolving Solution. Timebox Plan. Timebox Review Record. Project Review Report. Benefits Assessment. How many board members have ever read these bulky documents?

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Prince2 Retail Governance Government 85

Susanne Madsen

JUNE 2, 2017

To reduce structural complexity we can use traditional project management tools such as breakdown structures, critical path analysis and risk management. We want to control it and mitigate all risks up front with our risk registers. The organisation gets it and running projects is an integrated part of their strategy.

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Technical Review Logistics Prince2 Leadership 68

Wrike

JUNE 16, 2014

Corporate Education Group presents a variety of individual classes on topics like risk management and project scope, plus PMP exam prep. Accreditation: PMI Registered Education Partner; PRINCE2 Accredited Training Organization. . Accreditation: PMI Registered Education Provider, PRINCE2 Accredited Training Organization.

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Prince2 PMI Certification Healthcare 45

Planview

AUGUST 30, 2021

Generally, however, project managers have the following core responsibilities as highlighted by the Association for Project Management (APM), which is the world’s only chartered membership organization representing the project management profession:   Planning work in alignment with project objectives and organizational strategy.

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2027 Certification Prince2 Influencer 60

Wrike

AUGUST 22, 2018

Project management is a discipline loaded with acronyms: PMP, PRINCE2, CPM, WBS, PMBOK, PMI… and about 150 others. However, PMOs are particularly useful as the number of projects grow in an organization, which increases the risk of failure as resources get stretched and competing priorities arise. What is PMO?” you might ask.

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PMO Artificial Inteligence 2016 2018 64

Velociteach

SEPTEMBER 18, 2023

now I’ve got to do a risk analysis. But you’re not thinking about the impact analysis, the risk to the project, but the impact of the project to the greater community. We’re taught just to think about risks to the project. What about other types of risks, other types of impact? We’re not taught to do that.

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Sustainability Underperforming Technical Team Construction Certification 98

Herding Cats

APRIL 25, 2016

All businesses that operate inside governance frameworks, which address: Risk, Conformance and Compliance - COSO, CoBit, ISO 27001, ISO 38500. Development Change control - ISO 12207, CMMI, CoBit, OPM3, Prince2. Business Strategy - Balanced Scorecard. Information & Technology Balance Sheet - Balanced Scorecard, Zachman .

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Governance Government Estimate Prince2 28

MindGenius

JUNE 26, 2019

PRINCE2, NVP, Analogous Estimating etc. It is important to identify your Stakeholders at the start of a project because you need to create a strategy in managing, communicating and involving them in the project. Risks can include: legal, environmental, market, etc. Project Management Terms for Team Leaders. You’re not alone!

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Risk Management Prince2 Risk Controlling 28