ProjectManager.com

JULY 30, 2024

Then we’ll outline what should be included in the program roadmap and provide an example to give readers a better understanding of what they are and how they work. All projects have risks and a program roadmap is a tool that helps with the risk management process. Get started with ProjectManager today for free.

Software Review 370

Software Review Monitoring Budget Risk Management 370

Project Risk Coach

DECEMBER 4, 2022

Risk identification is an integral part of project risk management. It is essential for any project manager to know what risks might affect a project and navigate them. This article will examine the five techniques for risk identification. Techniques for Risk Identification 1. Out of sight, out of mind.

Risk 395

Risk Risk Management Budget Engineering 395

ProjectManager.com

SEPTEMBER 12, 2024

We’ll answer these questions and provide a transition plan example to illustrate a real-life scenario. Teams that use a transition plan will be able to proactively identify and address potential risks and uncertainties. Here are three examples of when an organization should use a transition plan.

Planning 364

Planning Software Review Underperforming Technical Team Technical Review 364

ProjectManager.com

JUNE 15, 2021

Risk Management. Then there are risks, which are potential problems, ones that have yet to occur or might not ever. Then there are risks, which are potential problems, ones that have yet to occur or might not ever. Risk management. Experience in strategic planning, risk management and/or change management.

Certification 476

Certification Prince2 Monitoring PMI 476

Rebel’s Guide to PM

AUGUST 12, 2024

Risk management is a staple skill of project managers. As the project environments we work in get more and more complex, with greater levels of uncertainty and more transformative, disruptive projects, being able to deal with risk remains top of the list of desirable skills for managers in all areas of business.

Risk Management 331

Risk Management Risk Underperforming Technical Team Governance 331

ProjectManager.com

JANUARY 31, 2024

To better illustrate how a balanced scorecard works, we’ll also show an example of one and then share a free template to help you get started with yours. Financial Perspective This is looking at the return on investment for the business or organization and the key risks involved in its operations. What Is a Balanced Scorecard?

Performance Measurement 433

Performance Measurement Governance Government Initiating 433

Project Risk Coach

NOVEMBER 14, 2022

This article will provide clear guidance on how to define and assign risk management roles and responsibilities for projects and programs. Ensuring that all of the risks are addressed can be a daunting task, particularly for larger, complex projects. For example, organizations may place project managers in functional areas (e.g.,

Risk Management 396

Risk Management Risk Underperforming Technical Team PMO 396

Rebel’s Guide to PM

APRIL 24, 2023

From examples of project activities in a business versus operational activities to strategies for balancing projects and operations simultaneously — this article will help you understand the differences and consider the similarities. These are all great sources of examples of projects. Next up, examples of operations management.

Retail 418

Retail Governance Government Healthcare 418

ProjectManager.com

SEPTEMBER 12, 2023

We’ll then outline the top benefits and provide a few examples across industries to make process manufacturing clear. One example is food and beverages, but it can also be found in oil refining, the production of gasoline, pharmaceuticals, personal care products, cosmetics, specialty chemicals, plastics, metals, paints and even alcohol.

Manufacturing 411

Manufacturing Process Controlling Closing 411

Project Risk Coach

MARCH 5, 2023

I've looked at many risk registers through the years, and I've had difficulty understanding the risks many times. The risk statements were vague and lacked consistency. In this article, let's explore the benefits of clear risk statements. An accurate picture of one’s risk is important for making sound decisions.

Risk 397

Risk Underperforming Technical Team Energy Budget 397

ProjectManager.com

DECEMBER 28, 2023

ProjectManager is award-winning project management software that has resource management tools to keep teams productive without risking burnout and poor morale. Workload Analysis Tools Our workload analysis example was simple, but it helps to wrap your head around the process. That’s workload analysis.

Manufacturing 351

Manufacturing Monitoring Estimate Executing 351

ProjectManager.com

NOVEMBER 28, 2023

Then we’ll get into some examples to fully illustrate their meaning. Besides the examples above, an operational process asset can be any practice or knowledge from anything used to execute or govern the project, even lessons learned from previous projects and historical data. Here are some of the more common examples.

Process 400

Process Controlling Executing Defining 400

ProjectManager.com

SEPTEMBER 27, 2023

Is your smartphone really that intelligent or is it just an example of advanced technology? Let’s review smart manufacturing and smart factories and explore some examples of smart manufacturing technologies. The post Smart Manufacturing: Examples & Benefits appeared first on ProjectManager. What Is Smart Manufacturing?

Manufacturing 373

Manufacturing Artificial Inteligence Software Review Technical Review 373

ProjectManager.com

DECEMBER 27, 2023

For example, in terms of payment management, the schedule of values is used to request and receive payments for the work contractors complete. Schedule of Values Example To better understand the process of a schedule of values, let’s explore how to make one. Use our risk management features to identify and track issues in real time.

Construction 403

Construction Estimate Budget Monitoring 403

ProjectManager.com

JUNE 26, 2024

After a change impact assessment and change impact analysis, organizations can make better decisions, allocate resources more effectively and reduce risks to the organization or project. This information will inform the plan and communicate the actions to mitigate risks and maximize the benefits of the change.

Risk Management 319

Risk Management Estimate Risk Monitoring 319

ProjectManager.com

AUGUST 23, 2023

Project risk. Just the word risk can evoke the same kind of primal, fight-or-flight fear in project managers. But risk shouldn’t be feared, it’s just another part of the project to manage. All projects have some element of risk while other projects are inherently high-risk. (We’re

Risk 341

Risk Risk Management Monitoring Project Cost 341

ProjectManager.com

DECEMBER 20, 2023

For example, commercial construction can be classified into three subcategories of retail, office, multifamily and industrial construction. To further illustrate what industrial construction is, we’ll offer five examples and some of the challenges inherent in the construction sector. What Is Industrial Construction?

Construction 382

Construction Transportation Manufacturing Energy 382

Rebel’s Guide to PM

SEPTEMBER 29, 2022

Risk meetings don’t have to be boring, although in my experience they often are. A Short Guide to Facilitating Risk Management is a book that specifically addresses how to get the best out of your risk management meetings. The benefits of risk management. Great advice for risk meetings.

Risk Management 409

Risk Management Risk Initiating Planning 409

ProjectManager.com

SEPTEMBER 20, 2023

Then we’ll explain how to measure production capacity and provide a couple of examples to better illustrate it. This leads to few breakdowns of machinery, a safer work environment and reduced risk as well as better overall performance. The post Production Capacity: Formula, Examples appeared first on ProjectManager.

Manufacturing 342

Manufacturing Lean Estimate Software 342

ProjectManager.com

OCTOBER 31, 2023

We’ll also explain some best practices, provide an example to better illustrate what a bug report is and let you download a free bug report template to get started. Bug Report Example There are endless possibilities when it comes to bug report examples. Here are a few examples of bugs in software testing.

Software Review 349

Software Review Software Developers Software Development Software 349

ProjectManager.com

NOVEMBER 17, 2023

Then we’ll outline what goes into an SLA so you can make one, with an example to flesh it out and make it more comprehensible. For example, that service could include voice, text and internet services, but there’s still only one contract. Use our risk, task and resource management tools to better control your work.

Software Review 383

Software Review Monitoring Logistics Defining 383

ProjectManager.com

NOVEMBER 8, 2023

Decision Matrix Example To make a decision matrix more understandable, let’s explore a made-up scenario in which one would be used. For example, if cost is the paramount consideration, then the weight would be five. Example & Template Included) appeared first on ProjectManager. The post What Is a Decision Matrix?

Manufacturing 341

Manufacturing Monitoring Software Defining 341

ProjectManager.com

AUGUST 22, 2024

Risks are a bit different than issues; risks are issues that haven’t happened yet. By identifying what risks are probable, you can prepare for them and have a response in place if and when they show up in your project. That’s called risk or issue management. Risks are the potential problems lurking in your project.

Software Review 446

Software Review Risk Management Risk Technical Review 446

Rebel’s Guide to PM

MARCH 18, 2021

For example: a project management artifact is the project closure document. For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. Assumption log Risk register Backlog (see, agile project artifacts are relevant too) Stakeholder register.

Logistics 511

Logistics Artificial Inteligence PMI Performance Measurement 511

ProjectManager.com

FEBRUARY 3, 2022

We’ve included a free project template charter to help as an example of what a project charter should include. Remember, the sections outlined below should be short because they refer to more detailed project planning documents, such as a scope statement , project budget, risk management plan or request for proposal.

Risk Management 521

Risk Management Budget Defining Software Review 521

Rebel’s Guide to PM

MAY 9, 2022

EMV is a risk analysis tool that helps establish the contingency reserves for your project activities. It’s a statistical technical for quantifying risk. You would use it to: Establish which new product option or solution is best Establish the contingency reserve required to offset project risk. Here’s an example.

Software Review 410

Software Review Technical Review Risk Management Risk 410

ProjectManager.com

JULY 24, 2024

For example, it helps with selecting, defining and delivering projects. 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. They help select projects and deal with budgets, risk and reporting.

PMO 370

PMO Software Review Logistics Governance 370

Rebel’s Guide to PM

MAY 7, 2023

When you start thinking about it, there are loads of examples, from financial databases to standardized guidelines for pretty much anything, product standards, quality standards, historical records, and even very specific things that you may only use in certain circumstances, like defect management processes.

Process 433

Process Technical Review Software Review Influencer 433

Rebel’s Guide to PM

MAY 10, 2021

Jane @janeyboo said that it was difficult to showcase her transferable skills and that the examples she is giving at interview don’t really highlight what she is capable of. Use concrete examples. Anna recommended that achievements are quantified e.g. delivering ahead of schedule or within budget.

Certification 504

Certification Risk Management Monitoring Risk 504

Rebel’s Guide to PM

SEPTEMBER 8, 2021

For example, project management doesn’t have a specific method that we all use for document filing, different to, say, the way marketing or finance do document filing. Not something you’ll use on every project but your business might routinely need to use EVA if, for example, you do government contract work in the US. Risk review.

Underperforming Technical Team 450

Underperforming Technical Team Estimate Software Review Risk Management 450

ProjectManager.com

JANUARY 17, 2022

Risk: Risk is inherent to any project. That’s why project managers need to create a risk management plan to explain how project risks will be handled. Let’s see how these project triangle trade-offs work with some examples. Project managers need a quality management plan to control quality.

Estimate 516

Estimate Budget Controlling Risk Management 516

Rebel’s Guide to PM

JUNE 14, 2022

The five steps are: Identify a minimum, most likely and maximum outcome for some uncertainty Calculate the expected value using the PERT formula Make a subjective judgment about how likely the most likely outcome really is Calculate a standard deviation Choose any probabilistic estimate that fits your desired risk level. Why is that?

Estimate 431

Estimate 2016 Risk Management Software Review 431

Rebel’s Guide to PM

NOVEMBER 22, 2022

If you’re weighing up the pros and cons of teamwork (for example, as part of a university assignment), then keep reading! Better risk management 4. Fortunately, at work there are fewer examples of people who are genuinely lazy or so distracted they are unable to take part. Better risk management. It takes longer 5.

Risk Management 446

Risk Management Risk Closing Leadership 446

Rebel’s Guide to PM

NOVEMBER 16, 2023

For project professionals, we recommend exploring AI tools by first understanding what project tasks and deliverables can be automated easily and without risk. Examples include: Generating reports Analyzing documents with multiple types of data Summarizing meeting notes Organizing information into company templates Performing calculations.

ChatGPT 478

ChatGPT Generative AI Artificial Inteligence PMI 478

Rebel’s Guide to PM

AUGUST 8, 2022

PRINCE2® advises that the fixed date time constraint is managed as a planning risk. It identifies planning risks based on fiscal boundaries (for example, where you can’t move the project budget from one financial year to the next) and also on calendar boundaries (for example, delivering something before the end of the tax year).

Prince2 411

Prince2 Software Review Risk Management Risk 411

ProjectManager.com

MAY 16, 2024

By using regular and consistent scenario planning, organizations can better allocate resources successfully, mitigate risk and decrease production costs. Some examples of what-if scenarios include: what happens if the project is delayed, approve a new project, how many resources are needed to stay on schedule, etc.?

Planning 378

Planning Software Review Underperforming Technical Team Risk Management 378

Rebel’s Guide to PM

MARCH 23, 2023

The examples shown often use Microsoft Project and Excel, and if you work in an organization that relies on Kanban-based tools then you might not be able to apply the knowledge you’ve learned to your day job. It covers cost control, work breakdown structures, schedule risk analysis, cost risk analysis: these are weighty topics.

Technical Review 477

Technical Review Planning Certification Risk Management 477