Change vs Risk Project Management

Change vs Risk Project Management

Project Management
Change versus Risk:  The quick and straightforward definitions for “Change” and “Risk” are as follows: changes are usually unexpected, and almost always unwelcome, though they need not be. More on that later. “Risks,” on the other hand, are usually identified, qualified, quantified and planned for, to some extent, within the “planned risk response” process. However, there still could be some unforeseen aspects (i.e. changes) in identified risks. Our qualification and quantification of the probability of a risk occurring, as well as their impacts, are, as we all know, estimates and not an exact science. We truly do not know how bad or good a risk will be until it appears and we address it. On the other hand, “changes,” when they occur, almost always automatically come with risks. These can…
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The Importance of Project Management Certification

The Importance of Project Management Certification

Project Management
Whether you are considering getting certified as a Project Management Professional (PMP,) or as Agile Certified Professional (PMI.ACP,) or as a PRINCE Practitioner, the benefits to you as well as your employer and/or client are numerous.   In my 30+ years of professional experience, I have been surprised to find that there are so many staff members who carry the title of project manager but do not know the basics of project management, such as developing a project plan, defining the baselines for scope, time and cost, managing changes and risks, as well as other key factors for attaining success in their projects.   Therefore, I am a firm believer that there has to be some sort of licensing process to ensure quality and professionalism in the people we entrust…
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Project Management Fundamentals

Project Management Fundamentals

Project Management
A technique you may utilize to decrease a project's schedule and accelerate task completion with the addition of resources to critical path pursuits or by cutting down on project requirements. Before you begin a project, it's important to be aware of the overall aims of the undertaking, in addition to the scope, deliverables, risks, assumptions, project organization chart, etc.. Each Project has plenty of components. Complex projects are going to have a range of activities running in parallel. The project isn't over when the project targets and objectives are met. Instant access to the important information for architecture and engineering project managers to comprehend the status of their projects like budget control and where projects are regarding profitability. Second that you're seriously interested in the undertaking. Every thriving project is…
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