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Manage Risks While Compressing Project Schedules

Project Risk Coach

Project managers are pressured to deliver projects quickly. Sponsors think their project managers are magicians. Let us explore ways to compress project schedules and manage the associated risks. The project manager and the project team develop a project management plan that includes the project schedule.

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3 Ways to Improve Cost Estimates with Your Teams

Project Risk Coach

Do you ever feel like the Lone Ranger when working on cost estimates? Let's explore how to engage your team members and subject matter experts to improve your cost estimates. So, let's look at three techniques to use with your teams: Brainstorming Delphi Technique Nominal Group Technique 3 Team Techniques to Improve Cost Estimates 1.

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7 Ways to Improve Project Estimates

Project Risk Coach

Poor estimates are often a major factor in these projects. So, let's look at 7 ways to improve project estimates. Define the project work One of the top reasons for poor estimates is poor project definition. How can project managers help overcome this problem? Have the subject matter experts estimate the work.

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When will we get there?  How to estimate in Scrum.

Scrum.org

It’s something that a Scrum Team’s stakeholders, customers, managers and many others want to know. To get to an answer that provides meaningful information, your Scrum Team first needs to decide how to estimate. Today, we’re going to discuss three ways to estimate and in my next post, we’ll talk about forecasting. .

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Overcoming bias in project management

Rebel’s Guide to PM

Are you biased as a project manager? In this article we’ll talk about the different types of bias in project management. A project manager is the linchpin of a successful project. Let’s look at what heuristics and biases exist in management and what we can do to reduce their impact on our projects.

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How to Create a Work Breakdown Structure

Project Risk Coach

One of the reasons that project managers fail to properly estimate their projects is they miss key activities when developing their schedules. Whether we are creating a Pixar movie , a building, a highway, or a service center, wise project managers break down their projects into pieces. Why does this happen?

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How to Cash In on Project Opportunities

Project Risk Coach

Some project managers have a defensive mindset. 3 Is an Opportunity a Risk, Really? Project managers may use qualitative and quantitative risk analysis to evaluate opportunities. Consequently, these project managers and team members fail to take advantage of these upside risks. Table Of Contents.