When a risk event is identified and assessed, a decision must be made concerning which response is appropriate for the specific event.This will be the third process inside an effective risk management ...
Probability analysis is one of the techniques that can be used in the Risk Assessment process. Although there are many statistical techniques available to the project manager that can assist in ...
The Risk Identification Process produces a list of potential risks. Not all of these risks deserve attention. Some are trivial and can be ignored, while others pose serious threats to the welfare of ...
One common mistake that is made early in the risk identification process is to focus on objectives and not on the events that could produce consequences. For example, team members may identify failing ...
In previous articles I have emphasized that ultimate success is not determined by weather the project was completed on time, within budget, or according to specifications, but whether the customer is ...
In previous articles I have emphasized that ultimate success is not determined by weather the project was completed on time, within budget, or according to specifications, but whether the customer is ...
This is the message sent to the Government in a keynote speech by the recently appointed HS2 Chairman Sir David Higgins in Manchester on Monday as he delivered his long awaited review, HS2 Plus, of ...
Humanity has a great track record when it comes to serious project management. From the Great Pyramids to the moon landing, our greatest endeavors required people working together on common goals. And ...
The British government has honed their project management methods for years, cumulating with PRINCE2 in 1989. An acronym for Projects In Controlled Environments version 2, PRINCE2 throws sprints out ...
I love reading project management statistics. They are little snipes of information that can be used to start a conversation with your peers and easily engage. Here is a quick list of project ...
A virtual team give access to global talent and brings time and cost savings – but how do you manage it? I am a Project Management practitioner with more than 5 years experience in hardware and ...
Since estimating efforts cost money, the time and detail devoted to estimating is an important decision. Yet, when bottom up or top down estimates are considered, you as a project manager may hear ...
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