How Startups Can Use Risk Prioritization in Their Project Management

Risk prioritization for effective project management culminates from processes involving risk impact assessment. Forewarned is forearmed indeed. The result of your comprehensive risk impact assessment becomes your arsenal in anticipating and mitigating any threats to your project. Nevertheless, as you embark on defining the needs and goals of your project and its implementation, you will […]

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Managing Risk Proactively

Innovation means doing something that has never been done before. And that’s fraught with risk. In new product development, innovation may entail technical risk, market risk, risk relating to outside partners, or even political events far beyond your control. No new product development program can avoid risk. However, much more than business-as-usual can be done […]

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The Benefits and Challenges of Remote Project Management

The Benefits and Challenges of Remote Project Management In theory, virtual teams allow project managers to build ideal teams without many of the constraints they would otherwise face. For employees, they allow flexibility and freedom to achieve an optimal work-life balance. At the same time, remote project management comes with certain hurdles. While it lets […]

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7 Steps to On Time, On Budget, Goal-Based Project Delivery

7 steps to On Time, On Budget, Goal-Based Project Delivery In today’s corporate world many entrepreneurs working in the financial field go through the phenomenon of whether to invest or fund into the critical project or to drop them until the company’s budget and the revenue gets better or get improved. However, for the approved […]

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Digital Transformation and Project Management

Digital Transformation and Project Management I am sure lately, you might be as surprised as me to see the role of digital transformation in project management. Nowadays, many companies adopt diverse digital transformation technologies in various situation. Let’s unfold the term and see its significance in project management. Though Carl Benz designed the very first […]

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8 Common Project Manager Mistakes

No one can be a master of all; it’s too difficult a task. But you can definitely be a Jack-or-Jill-of-all-trades. As project managers, we wear multiple hats—from being facilitators and problem-solvers to translating corporate needs into actionable plans for teams and supporting assets This exposes our weaknesses on multiple fronts. I strongly believe that when […]

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A Glimpse Into Our PM Future

A Glimpse Into Our PM Future In today’s world where we are experiencing massive changes in all facets of life (the largest ever after the third industrial revolution), project management has become quite pervasive. In this era of Industry 4.0, the methodologies we learn in this field are being used in almost every other industry […]

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