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 […]
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 […]
No organization can deliver a project in a silo, they would need to buy a product, services or a combination of both from outside to deliver the project objectives. Project Procurement Management refers to the goods and services required to complete the project. These can be procured from other parts of the organization involved in […]
Project Procurement Management (A high-level snapshot) Most companies need to search for services, products or results outside the company to deliver the project. It is important that while you are doing it you have a clear understanding of what needs to be procured, who should become your partner, and what kind of supplier-buyer relationship you are […]
