Remove Risk Remove Risk Management Remove Software Remove Sustainability
article thumbnail

Is the triple constraint in project management still relevant? (Spoiler: No!)

Rebel’s Guide to PM

The most commonly used planning constraint method in project management was historically the “triple constraint” – time, cost and scope – sometimes known as the project management triangle or the “iron triangle” because it’s often shown as a triangle with the constraints at each vertex. What is the Triple Constraint?

article thumbnail

How to manage project tolerances (with PRINCE2® 7 guide)

Rebel’s Guide to PM

Tolerances are an important part of being able to work autonomously as a project manager. The project tolerance definition I use in my book, Project Manager , is this: Tolerances are how much you can flex within your project without having to go back for approval. Which level of management sets the project tolerances?

Prince2 323
Insiders

Sign Up for our Newsletter

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

article thumbnail

Agility for a Sustainable World: Why We Need to Redefine The Meaning of Agility

Scrum.org

This year was the 20th anniversary of the Agile Manifesto for Software Development, and in many sectors, agile ways of working have long since become the standard. Our own explanation of agility so far has been "the skill to turn customer needs into value flexibly, creatively and quickly while managing risk in complex environments.". .

article thumbnail

All technical debt is a risk to the product and to your business

Scrum.org

All technical debt is a risk to the product and to your business. So why is so much of software opaque to the business? All technical debt is risk to the product and to your business. There is no asset securing that risk, no insurance for it. Technical debt is 100% risk. Technical debt is like an unhedged fund!

article thumbnail

Episode 185 – Redefining Project Success through Sustainable Project Management

Velociteach

The podcast by project managers for project managers. Projects are instrumental in defining an organization’s vision for a more sustainable future. WENDY GROUNDS: Welcome to Manage This, the podcast by project managers for project managers. We’re talking about Green Project Management.

article thumbnail

Implementing Mitigation Strategies for Effective Risk Management

Wrike

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.

article thumbnail

SWOT analysis in project management: definition, instruction & example

Inloox

SWOT analysis in the project management context Why should I conduct a SWOT analysis? How to perform a SWOT analysis Once the SWOT analysis is completed: 5 key approaches for strategy development Concrete example: SWOT analysis in a software development project Conclusion 1. Content What is a SWOT analysis? What is a SWOT analysis?