LiquidPlanner

AUGUST 2, 2022

Why the partnership of technology and people bring more than one benefit. As defined by Professor Leigh Thompson of the Kellogg School of Management, “a team is a group of people who are interdependent with respect to information, resources, knowledge and skills and who seek to combine their efforts to achieve a common goal.”

Technical Review 158

Technical Review Artificial Inteligence Software Review PMO 158

ProjectManager.com

OCTOBER 14, 2024

Technology, labor, distribution and consumer demographics have all massively changed just in the last few years. Let’s look at business process improvement (BPI), define it, explore strategies and then note the business and project management tools that can help implement and analyze progress in your company.

Process 403

Process Technical Review Software Review Manufacturing 403

ProjectManager.com

MAY 30, 2024

We’ll explain that first and go into the various features this technology-driven business intelligence tool has and what they can be used for. Users can define columns in the data table, such as fiscal periods, week numbers or custom attributes specific to their business needs. Power BI is a tool that delivers that information.

Technical Review 355

Technical Review Software Review Manufacturing Healthcare 355

Rebel’s Guide to PM

JULY 12, 2024

Plus, there are technical skills we have to consider -- employers definitely look for those too. One in five projects is unsuccessful due to ineffective communication, according to research by PMI (The Essential Role of Communications, 2013). They must believe in themselves, be willing to take risks, and rely on their expert judgement.

Technical Review 402

Technical Review Underperforming Technical Team Software Review Influencer 402

Project Risk Coach

JULY 12, 2021

In this article, we will look at what a risk owner is and why they are needed. Now imagine the risks listed above occurring under two different IT Directors. She provides oversight to the IT software development process and proactively identifies and manages the IT risks. Which Director would you prefer to own the IT risks?

Risk 195

Risk Software Review Technical Review Risk Management 195

ProjectManager.com

MAY 7, 2019

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.

Technical Review 255

Technical Review Underperforming Technical Team Software Review Leadership 255

Alan Parker Blog

AUGUST 16, 2024

The technological infrastructure of an organisation plays a pivotal role in maintaining the security, integrity, and availability of information. Adhering to these technological controls can significantly reduce risk exposure and protect organisations' most valuable digital assets against internal and external threats.

Technical Review 52

Technical Review Controlling Software Review Development Team Review 52

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. Consider using this syntax: Cause -> Risk -> Impact. ” Risk Owner. Risk Score.

Risk 342

Risk Risk Management Technical Review Information Technology 342

Project Risk Coach

JUNE 19, 2017

Changes in project risks are inevitable. As a project progresses, the probability and impact of current risks change, new risks emerge, and residual risks may increase or decrease. How can project managers optimize their risk responses and get the results they are looking for? Risk Control Tools and Techniques.

Controlling 290

Controlling Risk Technical Review Performance Measurement 290

Rebel’s Guide to PM

MAY 7, 2023

OPAs and the PMP exam Let’s face it: I first came across the term OPA while reviewing PMP exam training material. They might be influenced by market conditions (risk appetite statements might change, for example, if the market suddenly gets a lot more competitive). Don’t get me started on Enterprise Environmental Factors either.)

Process 434

Process Technical Review Software Review Influencer 434

Scrum.org

NOVEMBER 12, 2024

Product Managers and Product Owners frequently have to balance market needs, user experience, customer outcomes, and technical feasibility. Managing Financial Risk Financial Risk Management : Agile embraces uncertainty, therefore teams must continuously review financial risks as part of their iterative processes.

Agile 174

Agile Technical Review Software Review Budget 174

ProjectManager.com

OCTOBER 30, 2024

The professional services industry is large and to better understand it, we define the term and provide examples of professional services firms. 6 Examples of Professional Services Firms To better understand what a professional services firm is, let’s look at some examples that we’ve namechecked but haven’t defined.

Software Review 279

Software Review Underperforming Technical Team Consulting PMO 279

Project Risk Coach

FEBRUARY 4, 2019

Changes in project risks are inevitable. As a project progresses, the probability and impact of current risks change, new risks emerge, and residual risks may increase or decrease. What tools and techniques can project managers use for controlling risks and getting the results they are looking for?

Controlling 199

Controlling Risk Technical Review Performance Measurement 199

Rebel’s Guide to PM

MAY 17, 2022

Here is what we learned from an invaluable brainstorming session with our Tech Lead. In the Planning phase, the project manager also defines internal and external communications. These can relate to technical debt, bugs, new requirements, etc. At White October we continuously reflect on our process to refine the way we work.

Technical Review 415

Technical Review Development Team Review Risk Management Agile 415

Planio

JUNE 8, 2022

As products become more complex, technical project managers have quickly become the holy grail for growing businesses. Technical project managers (TPM) bridge the gap between understanding what’s technically possible in a project and managing the resources, timelines, and expectations to get it done. First, learn the basics.

Technical Review 78

Technical Review Software Review Development Team Review Underperforming Technical Team 78

Rebel’s Guide to PM

SEPTEMBER 3, 2021

Contingency can be defined as additional resources put aside to address potential risk and uncertainty in a project. So risk is critical to understanding contingency: that’s the first step. Read next: 14 Common Project Risks – perhaps some of these will contribute to your contingency position? Why risk matters.

Technical Review 307

Technical Review Software Review Estimate Risk Management 307

Project Risk Coach

JUNE 4, 2023

Poorly Defined Objectives and Scope One of the primary causes of troubled projects is a lack of clearly defined objectives and scope. 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.

Risk Management 243

Risk Management Technical Review Estimate Risk 243

Rebel’s Guide to PM

APRIL 2, 2023

When a program is failing, you should define the problem and potential solutions, and alert stakeholders at the first sign of trouble, according to LeRoy Ward, Executive VP at ESI. Technical failure: this creates a program integration risk as what you are building might not sit in the organization’s architecture any longer.

Underperforming Technical Team 420

Underperforming Technical Team Technical Review Sustainability Estimate 420

Proofhub

NOVEMBER 19, 2024

Increased errors When agents rush due to inefficiencies, mistakes pop up like mushrooms after the rain. Schedule regular reviews of workflows and processes to maintain efficiency as business needs evolve. Evaluate existing technology and tools to determine if they are outdated or inefficient. Or am I just a robot?”

Technical Review 78

Technical Review Software Review 2024 Technical Support 78

Rebel’s Guide to PM

APRIL 5, 2022

Here are some high-profile failed projects: Following an internal review, Multiplex, the Australian development company responsible for the reconstruction of the Wembley Stadium, became aware that costs for the project were escalating to the point that the company would make a loss of £750 million on the project. billion to £10.9

Technical Review 273

Technical Review 2007 Software Review 2005 273

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?

Aerospace 98

Aerospace Risk Management Engineering Risk 98

ProjectManager.com

SEPTEMBER 12, 2024

Before getting to the transition plan, let’s define transition planning. Teams that use a transition plan will be able to proactively identify and address potential risks and uncertainties. The transition plan provides a framework that creates knowledge sharing, mitigates risks and sets and achieves expectations.

Planning 355

Planning Software Review Underperforming Technical Team Technical Review 355

ProjectManager.com

SEPTEMBER 22, 2022

To prove this point, let’s define what a business requirements document (BRD) is and what its components are. It includes both the business solution and the technical solution to the project. A business requirement isn’t about offering or proposing a solution, only defining the task at hand.

Technical Review 341

Technical Review Software Review Defining Risk Management 341

ProjectManager.com

FEBRUARY 19, 2019

If a business isn’t prepared for those responses, then they’re taking a great risk. It’s another arrow in the quiver to battle risk. Risk is always on the horizon and the better equipped businesses are to discern and prepare for them, the more likely they’ll be able to continue doing business in the future. Get Approval.

Technical Review 331

Technical Review Software Review Risk Management Risk 331

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? An organization’s risk champion (e.g.,

Risk Management 268

Risk Management Risk PMI Technical Review 268

Rebel’s Guide to PM

SEPTEMBER 24, 2023

Because PRINCE2® is a broad-brush approach, it doesn’t cover technical processes or specific techniques, but it will fit alongside them. I was asked to be one of the reviewers of the PRINCE2 7 manual, so I am very familiar with the content and changes since the last edition. Products can be defined in work packages.

Prince2 372

Prince2 Technical Review Government Governance 372

Resource Guru

JANUARY 17, 2023

As project managers, defining and planning projects is what we do. Simply put, a project scope defines all the work and considerations required to deliver a specific outcome. If you don’t have a well-defined project scope, you’ll soon run into issues with timelines, scheduling , and resource allocation. . Project delays anyone?

Defining 98

Defining Technical Review Software Review Project Life Cycle 98

ProjectManager.com

AUGUST 6, 2024

Project Timeline Template A project timeline is used in planning to add project tasks, due dates and milestones. It can be a monthly work schedule for longer projects with clearly defined tasks and deliverables. It allows managers to identify the tasks essential to the project’s success as well as define the project’s length.

Software Review 378

Software Review Technical Review Estimate Monitoring 378

ProjectManager.com

JANUARY 23, 2024

That’s because the project teams involved with these successful projects follow a defined and repeatable process, which mitigates risk and achieves objectives. Rather, it’s a team effort guided by standardized processes, well-defined roles and responsibilities and collaboration.

Underperforming Technical Team 362

Underperforming Technical Team Risk Management Software Review Budget 362

Planio

MARCH 11, 2024

Risk management is the art of anticipating potentially project-derailing dangers and putting actionable steps in place to minimize their impact. But the problem is that risks aren’t always obvious or apparent — until you’re knee-deep trying to slog your way out of one. Technology failure 6. Project scope creep 2. Acts of God 10.

Risk 88

Risk Technical Review Risk Management Budget 88

Henny Portman

JANUARY 19, 2024

Scenarios uncertainty : plan, risk, problem, crisis, and measures. Possible techniques to use are risk checklist, risk response routine, Ishikawa diagram, Monte Carlo simulations, and problem-solving techniques. This book shows that problems creating project failure cannot only be found and solved by risk management only.

Technical Review 59

Technical Review Risk Management Innovation Risk 59

ProjectManager.com

NOVEMBER 23, 2023

First, we need to define capital budgeting, what a capital budget is and why it’s important. The time value of money is about the potential rate of return on the investment as well as the reduced purchasing power over time due to inflation. For example, not only investing in equipment, but new technology can be a capital investment.

Budget 372

Budget Technical Review Software Review Executing 372

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? An organization’s risk champion (e.g.,

Risk Management 240

Risk Management Risk PMI Technical Review 240

MPUG

SEPTEMBER 4, 2023

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Do agile projects have risks associated with them? And do we want to let those risks run wild without any effort to contain them? So, yes, of course, we need risk management in agile projects.

Risk Management 98

Risk Management Risk Agile Technical Review 98

NimbleWork

OCTOBER 21, 2024

Each influencer brings a unique perspective to the table, contributing to a rich tapestry of knowledge that defines excellence in project management today. She has led projects at some of Canada’s largest technology companies and is the founder of CNS Project Consulting Inc.

2025 110

2025 Influencer Technical Review Underperforming Technical Team 110

Proofhub

NOVEMBER 6, 2023

In today’s tech-driven world, Software as a Service (SaaS) is revolutionizing businesses across the globe. They are responsible for defining the product’s purpose and direction, ensuring it stays competitive in a rapidly changing landscape. Let’s delve deeper into the core responsibilities that define their role.

Technical Review 78

Technical Review Software Review Innovation 2024 78

NimbleWork

SEPTEMBER 23, 2024

Risk management is a cornerstone of successful project management, yet it’s often treated as an afterthought rather than a strategic imperative. Effective risk mitigation goes beyond simply reacting to problems as they arise; it involves anticipating potential issues and developing strategies to address them proactively.

Risk Management 64

Risk Management Risk Technical Review Underperforming Technical Team 64