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Risk Breakdown Structure for Projects: A Complete Guide to RBS

ProjectManager.com

Risks will arise and threaten the successful delivery of your project. Using a risk breakdown structure (RBS) is how you prepare for the unexpected. A risk breakdown structure is great for identifying and prioritizing risks so you know which will be more or less impactful. The Four Categories of Risk in a Project.

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Technical Debt: What Is It & How Do I Avoid It?

ProjectManager.com

This is often due to the various forces at play that impact decision-making, like those related to the project budget, schedule or resources. There’s a term to explain this idea: technical debt. If you’re about to embark on a new project, take a moment to read about what technical debt is and why you’ll want to avoid it at all costs.

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SWOT analysis in project management: definition, instruction & example

Inloox

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. Understanding these strengths allows the project team to target them in order to maximize the project's chances of success.

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Measuring the Project Management Maturity of Your Organization

ProjectManager.com

This requires an organization with a well-developed project management process. That’s because the project teams involved with these successful projects follow a defined and repeatable process, which mitigates risk and achieves objectives. It’s essential to keep projects successful for any organization to thrive.

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Resource Forecasting Guide for Project Managers

Rebel’s Guide to PM

Suppose a project manager has an upcoming project for website development and design. The project has a defined timeline of six months, and the resources involved are developers, testers, UI/UX designers, analysts, etc. Let’s consider an example of resource forecasting in project management.

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Online Banking Fraud Trends and the Role of Detection Software

Binfire

The Role of Detection Software Fraud detection tools in banking are your financial safety net as they can save you from falling for the tactics of cybercriminals. It then raises a virtual alarm when it detects something fishy, alerting security teams or automatically taking action to protect your accounts.

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What Is Change Control in Project Management?

ProjectManager.com

Teams get sick. Change is an opportunity for your team to work together to figure out how to respond to the change request. Change control not only reinforces your team’s ability to work better together, but the positive effects bleed into overall efficiency. Weather gets in the way. Supply chains break.