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Beyond Buzzwords: How We’re Missing the Point of Sustainability I need to get something off my chest that has been bothering me. It is the misuse of the word sustainability. The word is at risk (it may be too late) of becoming yet another hollow buzzword, much like “agile” was in the early 2000s.
This post focuses on the current challenges of sustainablerisk management within sustainable change delivery, with useful perspectives, tools, and techniques. This blog post is part of a series that provides the foundation for understanding sustainable change delivery. 219, 1849) “The golden axiom of […].
This post is intended to provide the foundational concepts around organizational sustainablerisk management factors. This post also recommends adopting sustainablerisk management as a core discipline within sustainable change delivery. “It is far better to grasp the universe as […].
Most projects utilize a combination of financing methods, including bank loans, government grants, private investments and crowdfunding, to mitigate risks and maintain financial stability. The choice of financing method depends on factors such as project size, industry and risk tolerance. toll roads, hospitals). toll roads, hospitals).
Being prepared for change helps to mitigate the risks associated with those changes. Estimate the Potential Benefits and Risks of Your Change Another thing to consider is the benefits of implementing that change and also identifying any risks it might pose to the organization. What are the potential risks related to the change?
This post highlights the importance of portfolio management for sustainable change delivery. This blog post is part of a series that provides a foundation for understanding sustainable change delivery. It is not the strongest of species that survives, nor the most intelligent. It is the one that is the most adaptable to change.
Donor organizations keep a close eye on the project effectiveness, sustainability and scalability as they need to replicate projects in multiple communities or territories. Identification Phase Documentation Includes a problem statement or concept notes, needs assessment reports, an initial risk assessment and a stakeholder analysis.
Civil engineering projects aim to improve and maintain the built environment, ensuring safety, efficiency and sustainability. They play a key role in improving quality of life, boosting economic activity and ensuring the safety and sustainability of urban and rural environments. These uses typically include the following.
This installment in our series on the SDGs focuses on #14 of 17, conserve and sustainably use the oceans, seas and marine resources for sustainable development, “Life Underwater” This SDG has seven targets which you can read in detail. The post Sustainable Development Goal 14. Everything from the economic […].
GPM Global is delighted to announce the publishing of the Second Edition of the Sustainable Project Management: The GPM Reference Guide. Sustainable project management is a rapidly growing discipline. The guide is 156 pages and is available on Amazon in both paperback and electronic Kindle formats.
This seismic shift reflects a broader acknowledgment within the investment community of the significant impact that sustainable practices have on long-term profitability and risk […] The post Interim Investing and ESG: The Evolution of Investment Strategies in Projects appeared first on Insights into Sustainability and Project Management.
This is the 5th installment in our series on Sustainable Project Management Principles. Social and ecological equity refers to the fair distribution […] The post The Sustainable Project Management Principle of Social and Ecological Equity appeared first on Driving Sustainable Change.
Organizations have to explore the proposal and determine if its a good fit for them in terms of risk, reward, resources and so on. A feasibility report in project management is a detailed analysis that evaluates the practicality, risks and potential success of a proposed project before committing significant resources.
It does this through recruitment and talent acquisition, employee onboarding, training and development, performance management, compensation and benefits administration, employee relations, policy, compliance and risk management. Diluted focus risks reducing the quality of work and increasing errors.
This balance will be key to achieving effective and sustainable strategic value realization. In addition, decisions in strategic projects entail a higher degree of business risk than with the traditional projects. VUCA activities add significant risks to all of these relationships. This is no longer the case.
Project planning includes defining project objectives, deliverables and timelines, outlining tasks and dependencies, setting priorities and identifying risks early. This keeps small businesses from cost overruns, which can eat into their profitability and long-term sustainability. Project Scheduling: Schedules deliver projects on time.
In this installment of our series on the SDGs, we look at #11 of 17, Sustainable Cities and Communities. This goal encompasses ten targets of sustainable development. The post Sustainable Development Goal #11 of 17 and Project Management, Sustainable Cities.
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. Of course, you can control risk to a certain extent. Tool for Handling Risk. Sustainability.
This trust enables open communication and risk-taking, essential components of innovative and efficient teams led by influential leaders. This commitment to ethics builds trust, enhances the organisation's reputation, and ensures long-term sustainability. This article was first published in the AskScrum.com newsletter.
Aiming towards Sustainable Pace. Agile processes promote sustainable development. If you are an agile leader - do you know whether your teams are currently operating at a sustainable pace? Measuring Sustainable Pace. Forecasting towards Sustainable Pace by inspecting sustainability of past pace. Do you care?
Lets explore how unconscious bias shows up in projects, the risks it poses, and what we can actually do it about so you can mitigate its effects. This contributes to changing behaviour about posting documentation and ultimately helps us achieve sustainability goals by using less paper. Sound familiar?
The 7 tolerances in PRINCE2® The two most frequently used tolerances are budget and time, although PRINCE2® offers you a choice of seven tolerances: time, cost, scope, risk, quality, sustainability and benefits. For example, let’s say the financial value of all the project risks should not exceed 5% of the project budget.
This mindset enables fast pivots, minimising the risk and maximising openings. Agile leaders have to navigate teams below, sometimes keeping focus without losing sight of broader objectives, which are meant to last in sustainable growth. Collect real-time, continuous feedback from customers and stakeholders.
My primary focus is split between sustainable organizational project, programme, portfolio and risk management improvement and organizational sustainable change delivery assessments. My project experience has been 30+ years in combining a series of […]. The post EVM and Agile – Can they work together?
The post A rookie mistake with sustainable procurement… Lessons Learned appeared first on Delivering a better world, one project at a time. It’s hard to know what is good and what is bad on the high street and equally hard to find fashionable or youthful ethical clothing.
Identifying and Managing Project Risk (4 th Ed) Author: Tom Kendrick. Identifying and Managing Project Risk is a big read at over 300 pages. There are some sections in it that cover enterprise risk management which you could justifiably claim in the Business Acumen section. PDU claim: 8 hours. PDU claim: 2 hours.
You cant do anything to address risk either because people dont take your recommendations seriously. Yes, you can go on a course to learn more about leadership, but somehow its harder to truly internalise the changes required to lead in a different way and sustain that level of personal change over time.
The big risk as a project manager is that you hit all the project management success criteria: being on time and on budget, but what you deliver doesn’t meet the customer’s requirements. And here are some others: Sustainability: Does the thing support sustainability goals? Has it been created with sustainability in mind?
Aiming toward Sustainable Pace. Agile processes promote sustainable development. If you are an agile leader - do you know whether your teams are currently operating at a sustainable pace? Measuring Sustainable Pace. Forecasting toward Sustainable Pace by inspecting sustainability of past pace. Do you care?
Technical failure: this creates a program integration risk as what you are building might not sit in the organization’s architecture any longer. You need to sustain progress while planning recovery. Sustained control is necessary to prove that something has been turned around.
This process tends to have the highest customer satisfaction rates, routinely delivers high quality products, reduces risks, increases project control and generates a better return on investment, faster. Benefits of Agile. The benefits of agile are reflective of its values and 12 principles.
BAU activities means many things to many people, KTLO, Maintenance, Enablers, sustainment and DevOps. With the project finished everything was now about support, sustain and maintain. In a product based model where "you built it, you fix it" is the mantra, what do we need to do differently with BAU (business as usual) activities?
Factors such as risks , resources (human and otherwise), expectations or even R&D or technology issues for ground-breaking tech projects can be considered as constraints. The 6 project constraints are time, cost, scope (as per the triangle) and then quality, risk and resources. Going live with innovative new solutions?
It then goes about minimizing the risks involved in achieving those benefits and maximizes the opportunity to achieve more benefits. Listing the assumptions and risks associated with achieving the benefit. Evaluate the performance of the project after it closes to sustain benefits after the implementation of the project.
You should look at what happened on past projects because that helps mitigate risk on your current project. You can tailor to fit the project’s: Size Importance Environment Team culture Risk Complexity. PRINCE2® fits in with the Management of Risk® guidance, also from Axelos. You’ll record your risks is a risk log.
You’re trying to get clarity on: The reasons for doing the project The benefits of doing the project Any risks that you can foresee now The scope and deliverables The costs and timelines Who should be involved and who should make decisions What quality looks like and how it will be achieved.
Every day, we are confronted with alarming news about climate change, making sustainability more crucial than ever. This is precisely why ‘Sustainability in Project Management’ by Gilbert Silvius, Ron Schipper, Julia Planko, Jasper van den Brink, and Adri Köhler remains a valuable read, even more than a decade after its release.
Left unchecked, analysis paralysis limits our progress, creates risk, and delays the achievement of critical objectives. Ultimately, no one likes getting a decision wrong, so when we’re in situations that are too complex, we idle rather than putting our foot down to take a calculated risk. Agree a risk appetite.
Neglecting these risks can lead to project delays, budget overruns, and even project failure, which will negatively impact a manufacturer’s reputation. Therefore, a proactive approach to effective risk management is critical. In addition, problems with equipment may cause additional risks related to workers’ safety and product quality.
How to Communicate the Value of Agile to Executives Instead of emphasizing the team-level aspects of Agile like Scrum, standups, retrospectives, Kanban boards, and burndown charts, focus on how Agile practices can improve predictability, reduce risks, lower cost, and enhance the company’s ability to respond to market changes.
Through software and other tools, the production orders are managed, progress tracked, resources optimized and risks mitigated. Implement the 5S Method From Lean Manufacturing The 5s method used in lean manufacturing is a methodology for organizing, cleaning, developing and sustaining a productive work environment.
They are the determination that there’s a need for change, preparing and planning for that change, implementing that change and, lastly, sustaining the change. For example, in ProjectManager , you can track changes, along with risks and issues, right in the software. Change management stands on four pillars.
It also helps manufacturers deliver more sustainable products, higher product quality and, in so doing, improves customer experience. You can find it at the Tesla Gigafactor in Germany, which is a smart factory featuring solar panels for more sustainable production processes and a reduction in operating costs.
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