Project Risk Management Future in ambiguous, future is unknown, no one controls the future. Even with the perfect plan, no one can guarantee that things will go as the team has charted out. The risk is a future uncertain event, which means that it might happen or might not. In order to maintain good control over […]
Project Risk Management (A high-level snapshot) Risks are inevitable. Whatever you do, some of the future uncertain events will happen on the project. You got to be ready to face them. Project Risk Management Knowledge Area helps you prepare for these unexpected and unplanned events. Project Risk Management Knowledge Area Processes Plan Risk Management (Planning) it […]
Project Risk Management Changes and Risks are inevitable, you can’t run from these. To be an effective project manager it is in your favour to plan for these calamities beforehand. The challenge with this planning is that both risks and changes are unknown and this is where Project Risk Management plays a vital role. The […]
‘Enterprise Environment Factors’ and ‘Organisational Process Assets’: EEF vs OPA You, your team and your project are not in space, they are surrounded by the environment. EEF and OPA’s make this environment for you. They do not compete with each other as EEF vs OPA, but they help the project manager to understand the project […]
Project Stakeholder Management The very reason that project exists is because of stakeholders. The project deliverables should match their expectations and this is why it is important to keep them involved so that first they can share what is their expectations and secondly you can manage the expectations which right communication. Technically good projects can be […]
Project Stakeholder Management (A high-level snapshot) Project management is about knowing your audience and then manage their interests and expectations. Project Stakeholder Management knowledge area helps you understanding your stakeholders so that you can win the project champions and friend amongst them. The project manager and his team job is to asses the degree to which […]
Project Stakeholder Management Every project has stakeholders. The project wouldn’t be existing without stakeholders. Project Stakeholder management helps to build a bridge which is needed for better understanding of our audience. Stakeholders are individuals who either care about or have a vested interest in the project. They can be a supporter or adversary and may […]
9 Essential Leadership Traits When we think of project managers, we think of team leaders accountable for delivering the project within the allocated deadline and budget set by the client. In reality, it takes a lot to become a project manager. Achieving a leadership position comes with massive responsibility and requires certain character qualities. Leaders […]
Discrete Effort Apportioned Effort and Level of Effort Work Package The planned work is contained within the lowest level of WBS components, which are called work packages. A work package can be used to group the activities where work is scheduled and estimated, monitored, and controlled. In the context of the WBS, work refers to […]
