2012 Prince2 Risk 
Rebel’s Guide to PM
JANUARY 26, 2022
Companies tend to adopt a project management method such as PRINCE2® to ensure that everyone works to the same framework. Without this, there’s a risk of miscommunications with colleagues, sponsors and the rest of the Project Board. A version of this article first appeared on this site in 2012.
LiquidPlanner
FEBRUARY 14, 2022
Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations.
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Rebel’s Guide to PM
AUGUST 6, 2022
They let you know whether you can go overspent or what risk mitigation actions are the right ones for this point in the project. That’s the minimum (and the approach advocated by PRINCE2). It was a much smaller group, and focused on strategic decision making instead of day-to-day problem solving and risk management.
nTask
SEPTEMBER 16, 2019
So, here I am, once again, writing the dreaded guide about Prince2 methodology and certification. Believe me, getting the Prince2 Foundation level certificate is not as hard as having to write the entire post again…. Prince2 Certification from Experts’ Point of View: Let’s start with Colin Bentley this time.
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.
Herding Cats
MARCH 11, 2017
The risk is created when we have not accounted for this natural variances in our management plan for the project. Dealing with Aleatory (irreducible) uncertainty and the resulting risk requires we have margin. An aleatory risk is expressed as a relation to a value. One starting point is the value at risk.
Wrike
NOVEMBER 7, 2018
3% use PRINCE2. [4]. 64% of organizations say they frequently conduct risk management. [6]. Managing small, low-risk projects. Managing medium-size, moderate-risk projects. Number of companies with a PMO has grown from 47% to 80% from 2000-2012. Undefined risks/opportunities – 30%. 9% use an IT methodology.
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