Project Pulse Journal

MAY 18, 2024

The different PM technologies offer that, empowering you to manage projects better. What if you could leverage these technologies without being a technical expert? Many of these tools are developed with user-friendly interfaces, making them accessible to professionals of all technical backgrounds.

Technical Review 52

Technical Review 2024 Development Team Review Risk Management 52

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. Which is why so many projects—especially large technology projects—run into trouble. But there are ways you can mitigate and manage risk. Create a project risk register.

Risk Management 167

Risk Management Risk 2012 Prince2 167

Rebel’s Guide to PM

MAY 17, 2022

Here is what we learned from an invaluable brainstorming session with our Tech Lead. These can be broken down in smaller, more manageable sub-tasks and estimated by the team. 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 420

Technical Review Development Team Review Risk Management Agile 420

ProjectManager.com

NOVEMBER 23, 2023

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. Gather Project Proposals First, you’ll want to review the various project proposals and investment opportunities. Businesses don’t want to lose money or spend time on a lost leader.

Budget 345

Budget Technical Review Software Review Executing 345

ProjectManager.com

NOVEMBER 30, 2023

Information technology (IT) runs most businesses. This will include an accurate estimate of decentralized IT spending and shadow IT spending, the former being the distribution of functions, control and information, while the latter is IT-related hardware and software use without the knowledge of the IT department.

Budget 343

Budget Software Review Infrastructure Monitoring 343

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. It helps to complete projects on time, manage risk, achieve project goals, deliver more benefits and handle change with minor disruption.

Underperforming Technical Team 335

Underperforming Technical Team Risk Management Budget Software Review 335

WorkOtter

FEBRUARY 28, 2023

Resource estimation is an integral part of project management that often gets overlooked. Here’s your guide to resource estimation in project management and other factors, such as resource costs. What Is Resource Estimation in Project Management? This can be team members, different materials, technology, and equipment.

Estimate 78

Estimate Technical Review Software Review Risk Management 78

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

NOVEMBER 27, 2019

Project management knowledge areas coincide with the process groups, which are project initiation, project planning , project execution, monitoring and controlling, and project closing. The knowledge areas are the core technical subject matter, which are necessary for effective project management. This is mostly for larger projects.

Risk Management 501

Risk Management Monitoring Controlling Estimate 501

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

ProjectManager.com

JULY 24, 2024

It can also improve estimating, deliver projects closer to the planned deadlines and achieve better performance and results. This is done by a variety of skills and techniques, led by a project manager and includes defining project scope, identifying deliverables, managing risks and effective communication across teams.

PMO 334

PMO Software Review Logistics Government 334

Planio

MAY 8, 2023

In fact, the digital transformation market was estimated at a whopping $731.1 On average, IT projects come with more complexity and risk, and can quickly fall to pieces without proper due diligence, management, and leadership. Monitoring and controlling 5. Identifies and mitigates risks to the project. ?️

Technical Review 78

Technical Review Software Review Development Team Review Infrastructure 78

ProjectManager.com

SEPTEMBER 19, 2019

Cost overrun is not cost escalation; that term is used to describe an anticipated increase in a budgeted cost, say due to inflation. It’s an unexpected cost, due to an underestimation during the budgeting process or another reason. Political-economic – This is due to strategic misrepresentation of scope and budget.

Technical Review 238

Technical Review Software Review Budget Estimate 238

ProjectManager.com

MARCH 2, 2020

Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. There are many tools that can mitigate risk in a project, but it also takes skill in something called project controls. Cost estimates. Risk management. Methodology. General oversight.

Controlling 412

Controlling Underperforming Technical Team Estimate Risk Management 412

ProjectManager.com

NOVEMBER 2, 2022

Then we’ll learn about a project assumption log and how assumptions differ from constraints and risk. Then you can set a baseline to monitor project variance in real time to stay on track. You’re estimating costs, duration and more. Analyzing assumptions is part of project risk management. What Are Project Assumptions?

Software Review 321

Software Review Risk Management Technical Review Risk 321

Wrike

OCTOBER 4, 2023

Accurate construction cost estimates are crucial for successful project planning and execution. Understanding the Basics of Construction Budgeting Accurate cost estimation is the cornerstone of construction budgeting. Moreover, accurate cost estimates play a crucial role in financial planning and control.

Construction 36

Construction Estimate Budget Technical Review 36

ProjectManager.com

FEBRUARY 22, 2023

Company resources, such as staffing, materials, equipment and technology, are all part of the optimization process of operations management. This involves planning, coordinating, monitoring, administrating and judging the quality of the inputs and output of the production process.

Software Review 327

Software Review Technical Review Manufacturing Logistics 327

Henny Portman

JANUARY 31, 2024

At the end of each chapter, you get a technical guide with the practical implementation of AI (ChatGPT, Bard, Claude.ai). AI can help to identify or update stakeholder lists by reviewing email threads or by explaining the project and compare that with similar projects. AI can build burnup or burndown charts and analyze them.

Technical Review 59

Technical Review ChatGPT Generative AI Consulting 59

Traxidy

DECEMBER 12, 2023

The Art of Mastering Project Surprises: Easy Strategies for Managing Unplanned Work By: Steve McBroom, Founder, Traxidy (Click to follow me on LinkedIn) In this post, we will review the importance of working through project issues and the associated unplanned project tasks, as they arise, and provide effective strategies to manage them.

Technical Review 109

Technical Review Software Review Underperforming Technical Team Controlling 109

Scrum.org

JULY 10, 2018

Often I hear people say that Scrum does not take care of risk: there is no risk log, risk is not on the agenda of the Sprint Review or Retrospective as a standard agenda-item. That's a risk right there! How is risk managed in Scrum? Scrum is all about risk management. Different types of risks.

Risk Management 121

Risk Management Risk Technical Review Underperforming Technical Team 121

Rebel’s Guide to PM

MARCH 18, 2019

Here is what we learned from an invaluable brainstorming session with our Tech Lead. These can be broken down in smaller, more manageable sub-tasks and estimated by the team. 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 401

Technical Review Development Team Review Agile Risk Management 401

Rebel’s Guide to PM

MAY 3, 2022

I use Vizzlo ( read my review of Vizzlo here ). Monitor and control methods. Risk management plan. Here’s where you set out how you are going to manage risk. Document how often you will review risks, what can be dealt with by the team and what should be escalated. Estimating assumptions and methods.

Planning 339

Planning Software Review Risk Management Estimate 339

ProjectManager.com

MAY 13, 2021

It also helps to reduce the financial risk for the organization. Contract lifecycle management is a strategic approach to contract management that gets greater efficiencies out of the activity by combining people, processes and technology. Remember, the contract is legally binding, so due diligence is important.

Software Review 235

Software Review Technical Review Logistics Budget 235

ProjectManager.com

JULY 5, 2018

Let’s assume you’re running out of time and need to meet a certain due date. Managing risks is an important task for project managers. When you estimate probability, a risk will have a certain impact on your project. If so, there’s a risk that the client will reject your final webpages. Tool for Handling Risk.

Technical Review 365

Technical Review Sustainability Software Review Risk Management 365

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free. Risk Management Plan Definition. Risk Register, WBS). Risk Management Plan Template.

Risk Management 105

Risk Management Risk Planning Technical Review 105

Techno-PM

AUGUST 7, 2023

Introduction A risk report is a formal document that gives a systematic and complete summary of the potential risks that an organization's operations, initiatives, strategies, or external environment may face. Methodology Risk report follows a systematic methodology to provide an accurate and comprehensive analysis of potential risks.

Risk 36

Risk Risk Management Monitoring Technical Review 36

Teamweek

JUNE 3, 2024

This article aims to help project managers who are burdened with monitoring project scope and reducing project costs. When there is little room for error due to poor planning, the overall quality of a project can be compromised and may need to be redone, further increasing overall costs. Let’s get started. Comprehensive Guide] 2.

Project Cost 59

Project Cost Technical Review Estimate Budget 59

Project Pulse Journal

MAY 8, 2024

It is an essential aspect of project management that involves defining, sequencing, estimating, and allocating resources for activities to ensure timely project completion. With a well-structured project schedule, you gain a powerful tool to monitor progress, manage resources, and meet crucial milestones efficiently.

Technical Review 52

Technical Review Software Review 2024 Estimate 52

ProjectManager.com

MARCH 16, 2020

It creates timelines for implementing a procurement for the project and therefore helps with estimating the larger project schedule. A procurement plan helps monitor the whole procuring process. Identify and Mitigate Risks. It is now time to figure out what those risks might be and list them. Define Costs.

Planning 274

Planning Technical Review Software Review Risk Management 274

The IIL Blog

OCTOBER 17, 2023

Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate. The consideration is toward a potential project’s technical, economic, legal, operational, and scheduling factors.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Alan Parker Blog

JULY 24, 2024

Demonstrate how ISO 27001 can help achieve goals such as: Risk Mitigation: Reduce the risk of data breaches and cyber-attacks. Include: Risk Assessment Results: Summarise findings from recent risk assessments, highlighting vulnerabilities and potential impacts. Nobody wants a security breach on their watch.

Technical Review 52

Technical Review Certification 2022 Consulting 52

Wrike

JULY 29, 2021

With about 28% of projects failing due to imprecise cost estimates, it’s clear that your project plan deserves time and attention. Inaccurate forecasts about costs, resources, benefits, and estimated durations can bring project risks that could impact your organization’s profitability and growth opportunities.

Technical Review 36

Technical Review Software Review Estimate Budget 36

Scrum.org

JANUARY 18, 2021

Technical PO : The Scrum Master is also supposed to act as a (technical) Product Owner. Risk detector : The Scrum Master is expected to monitor progress, risks, resources, and countermeasures in projects. The Scrum Master is neither a project manager nor a risk mitigator.

SCRUM 202

SCRUM Technical Review Underperforming Technical Team Agile 202

Teamweek

JULY 29, 2022

Maybe you didn’t factor in possible risks or pitfalls. Inaccurate time estimation is the cause of 25% of failed projects. Learning how to estimate time for a project is tricky, but critical to its success. Learning how to estimate time for a project is tricky, but critical to its success. And you just want to: Source.

Estimate 52

Estimate Technical Review Underperforming Technical Team Software Review 52

MPUG

APRIL 10, 2023

A project charter defines the project’s purpose and scope, establishes the project’s sponsor and key stakeholders, and identifies the high-level risks and assumptions of the project. You’ll want to answer the questions about how the project will increase profits, reduce risk, or meet the organization’s goals.

Initiating 59

Initiating Technical Review Risk Management Defining 59

Wrike

JUNE 11, 2023

The importance of risk management in IT cannot be overstated. Organizations of all sizes and industries are relying on technology to drive their operations and deliver services. However, with this reliance comes the inherent risks of cyber threats, data breaches, and operational disruptions.

Risk Management 36

Risk Management Risk Underperforming Technical Team Technical Review 36

The IIL Blog

NOVEMBER 8, 2023

Gartner estimated that AI may replace 80% of project management activities by 2030. A recent article in Harvard Business Review described “How AI Will Transform Project Management”. AI and related technologies offer the opportunity to shape-shift the profession. Testing could benefit the most AI and related technologies.

Artificial Inteligence 88

Artificial Inteligence Underperforming Technical Team Generative AI Technical Review 88