The IIL Blog

SEPTEMBER 13, 2023

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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Risk Management Risk Cadence 2016 88

Velociteach

SEPTEMBER 11, 2023

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. Thoughtlessly making assumptions or ignoring risks can lead to critical problems.

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ProjectManager.com

SEPTEMBER 12, 2023

This is called process manufacturing and is a production method that’s common when producing in bulk. To better understand process manufacturing, let’s first define the term and explore the different types of process manufacturing. What Is Process Manufacturing?

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ProjectManager.com

JANUARY 21, 2019

It’s big business that’s involved in almost every sector of the economy, and therefore carries some major risks. Jennifer Bridges, PMP, shows you the importance of IT risk management in this short tutorial video. Here’s a screenshot of the whiteboard for your reference! What is IT Risk Management?

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Risk Management Risk Technical Review Software Review 255

MPUG

APRIL 26, 2021

Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. Some were taken, but most ignored or overlooked because of other projects and lack of understanding of risk management at an organizational level.

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Productivity Land

JULY 17, 2023

However, navigating uncertainties requires effective risk management. In this article, we will delve into the world of agile risk management, exploring strategies to identify, assess, and mitigate risks in projects. By recognizing and categorizing these risks, project teams can proactively address them.

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Risk Management Risk Technical Review Agile 79

ProjectManager.com

MARCH 8, 2022

Resource management is one of the most important aspects of project management. That’s because projects need resources and those resources must be managed. What Is Resource Management? Resource management is the process of planning, scheduling and allocating resources to complete a project.

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Process Monitoring Defining Consulting 404

ProjectManager.com

JULY 20, 2022

Just as we only look at the building and often neglect the foundation that supports it, the architectural design process is the bedrock of construction project management. It’s a lengthy process that follows the construction project from inception to completion. What Is the Architectural Design Process? Learn more.

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Process Construction Software Review Development Team Review 296

ProjectManager.com

MAY 21, 2021

Contract administration is the process of creating a contract between employer and contractor. The process ends when the contract is agreed upon and everyone has signed the dotted line. Execute your construction contracts flawlessly with project management software. Analyzing risks. What is Contract Administration?

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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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Aerospace Risk Management Engineering Risk 98

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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Risk Technical Review Risk Management Estimate 320

Project Risk Coach

JANUARY 14, 2019

Project managers constantly think about risks, both threats and opportunities. Let’s consider a simple but powerful tool to capture and manage your risks—the Risk Register. What to Include in a Risk Register. What to Include in a Risk Register. ” Risk Owner. .” Risk Score.

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Risk Risk Management Technical Review Information Technology 342

Inloox

FEBRUARY 2, 2023

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. The better risk management is handled in your project, the greater the probability of success, all other things being equal.

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Risk Underperforming Technical Team Governance Government 172

ProjectManager.com

JUNE 1, 2022

Project management is methodical, but change is not. If changes are requested, the change control board shows how those changes are managed with the least amount of disruption to the project’s plan. A change control board is sometimes referred to as a change review board. This is why projects have a change control board.

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Controlling Process Technical Review Software Review 300

ProjectManager.com

FEBRUARY 27, 2024

Project planning is one of the first and most important aspects of project management. Project management software does more than a static Excel or Word template, but using these free 12 project planning templates for Excel and Word is a decent substitute. Project planning templates are part of project management.

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Planning Software Review Risk Management Budget 364

Kiron Bondale

DECEMBER 8, 2019

While the Manifesto does not explicitly reference the scientific method, it is implied in the value statement “ Responding to change over following a plan ” and in its final principle “ At regular intervals, the team reflects on how to become more effective, then tunes and adjusts its behavior accordingly.

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Risk Risk Management Construction Agile 279

Project Risk Coach

JUNE 4, 2023

In the world of project management, troubled projects can be a source of frustration, stress, and disappointment for both teams and stakeholders. To address this issue, it is crucial to establish well-defined objectives from the outset and engage stakeholders in the process to ensure everyone is on the same page.

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Risk Management Technical Review Estimate Risk 243

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

ProjectManager.com

DECEMBER 10, 2019

No process is perfect immediately. Process optimization methods can help guide those tweaks and improvements. But if these workers have some glaring inefficiencies in their process, then the rest of your facility can be entirely thrown off course. What is a Process Optimization? Process Optimization Methods.

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Process Software Review Risk Management Leadership 282

MPUG

JANUARY 17, 2021

As I interact with various project, program, and portfolio (PPP) management professionals who use my courses, read my books, and/or attend my webinars, I get many queries on the risk management life cycle approach. A few questions come to mind: How do we address risks in the entire context of projects, programs, and portfolios?

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Risk Management Risk Closing Monitoring 103

Project Risk Coach

SEPTEMBER 12, 2022

On April 1, 2022, the Project Management Institute (PMI®) rolled out the new PMI-RMP® exam. New PMI® Standards The new PMI-RMP® Exam Content Outline and Specifications (March 2022) includes Reference Materials. Why Take the Risk? In December 2021, PMI® conducted a pilot of the new exam. Yes, the new standards. Click Here Now.

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Henny Portman

JANUARY 3, 2024

All the competences are aligned with the IPMA ICB that is used by all the project, programme or portfolio managers in their everyday activities. A PMO has three main activities: Design – the creation, establishment and maintenance of standards, processes, procedures, and tools that define how work should be done inside. Conclusion.

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Rebel’s Guide to PM

MAY 3, 2022

Your project management plan is more than just a schedule of work. A project management plan is a document that sets out how you are going to do what you’re going to do. It’s a guide to how the project will be managed. So what does go in the project management plan ? That’s a comprehensive list!

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Planning Software Review Risk Management Estimate 322

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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Certification Leadership Risk Management Budget 357

nTask

NOVEMBER 12, 2018

Gary David Cohn once said, “If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business.”. Project manager or not – professionals on all levels have to interact with researching, identifying, and resolving risks. Risk Identification Techniques.

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Risk Management Risk Underperforming Technical Team Manufacturing 76

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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ProjectManager.com

FEBRUARY 3, 2022

If you’re new to project management , a project charter template can set you up to make sure you’re hitting all the major points. It begins the process of defining the roles and responsibilities of those participants and outlines the objectives and goals of the project. The project management charter serves as a reference document.

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Risk Management Budget Defining Software Review 510

Scrum.org

AUGUST 13, 2023

TL; DR: Adherence to Legacy Systems, Processes, and Practices Administrative overreach and micromanagement in Scrum mainly arise from clinging to legacy systems and traditional (management) practices, leading to rigidity and misapplication of Agile principles. Get notified when the Scrum Anti-Patterns Guide book is available !

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Process Sustainability Technical Review SCRUM 169

ProjectManager.com

OCTOBER 20, 2023

The construction phase plan is a critical construction project management document that helps to ensure a safe project. At the end of the blog, we’ll provide links to some related construction project management templates that can help you with your construction phase plan. Get started with ProjectManager today for free. Learn more.

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Construction Planning Risk Management Estimate 325

Leading Answers

JANUARY 16, 2021

This article explains what a risk-adjusted backlog is, why they are useful, how to create one and how teams work with them. What is a Risk-Adjusted Backlog? A risk-adjusted backlog is a backlog that contains activities relating to managing risk in addition to the usual features associated with delivering value.

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ProjectManager.com

NOVEMBER 21, 2023

Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. There’s a lot of planning, managing and tracking involved. But what exactly is financial project management? What Is Project Financial Management?

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Project Risk Coach

OCTOBER 18, 2021

Are you aware that the Project Management Institute (PMI) is updating the PMI-RMP exam? Let's look at the PMI-RMP Pilot Exam process, what's different in the exam, the Pilot Exam Content Outline, and how to apply. Related article: The Practice Standard for Project Risk Management. The new exam will start in April 2022.

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ProjectManager.com

JUNE 4, 2021

The following are our top 8 Microsoft Excel construction templates for better construction project management. This process hinges on estimating expenses. Our construction project estimate template cuts down on the guesswork and breaks a project down into more manageable phases. Risk Register Template.

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Construction Risk Management Estimate Software Review 410

Rebel’s Guide to PM

SEPTEMBER 24, 2023

A project has a start, a middle and an end, so closing a project is an important part of the project management lifecycle. The project manager and the team will be able to move on to their next assignment. You also use this process if the project closes prematurely. What are the objectives of the Closing a Project process?

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Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. For example: a project management artifact is the project closure document.

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Logistics Artificial Inteligence PMI Performance Measurement 509

Techno-PM

AUGUST 10, 2021

What is Enterprise Risk Management (ERM)? Enterprise Risk Management is the process of understanding, assessing, and managing risks in an organization. Download Project Management Templates! Strategies to reduce exposure to identified risks to avoid loss or damage.

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Techno-PM

AUGUST 10, 2021

What is Enterprise Risk Management (ERM)? Download Project Management Templates! Enterprise Risk Management is the process of understanding, assessing, and managing risks in an organisation. Strategies to reduce exposure to identified risks to avoid loss or damage.

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