A topsy-turvy world requires thinking that challenges the status quo and seeks smarter ways of deploying the well-known portfolio management mantra of ‘doing the right things’. The world’s economies will struggle to recover from the global COVID pandemic, meaning organisations of all sizes will need to focus on well considered and planned activity and the selection of initiatives that provide the most business value towards business objectives and ultimately strategic goals. However, post pandemic factors will be at play that will limit achievement of success. This presentation offers perspectives and challenges together with some suggested solutions that should be considered and acted upon to maximise portfolio success. These will fire your imagination.
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The four knowledge cornerstones of project risk management are: • Project Management (how to run a project) • Earned Value Management (how to measure project performance) • Risk Management (how to identify and mitigate risks) • Subcontract Management (how to manage subcontractors) This Webinar addresses how to manage subcontracts. Many companies today subcontract out a majority of their work. As a result, the subcontract becomes a risk to the project. This Webinar focuses on how to select a subcontractor and how to monitor a subcontractor to minimize this risk. The Webinar will cover the subcontractor selection process, subcontractor planning considerations, and types of subcontractor changes. Subcontractor risk stories are presented as an example of how to avoid pitfalls.
While the pandemic has ushered in dramatic swings in demand and corresponding workloads, it has delivered targeted opportunities to address problems in our business operating models—some new, some persistent—that should not be ignored. Applying a simple strategic matrix leads us to four key directives.
PMO leaders have had to examine and challenge virtually every aspect of their functions, including vetting, managing and deploying projects, and managing portfolios. Keep these four tips in mind to help manage through uncertainty.
Dealing With Conflicts in Projects: Viewpoint of Different Stakeholders During Product Conception Engineeringby
How can one deal with delays on the approval of engineering documents in projects? Stressing the need to balance expectations between suppliers and customers, the author explains the triggers that lead to divergences on deliveries and a method to reduce the occurrence of comments having low relevance in engineering documents.
You already know that you’re stuck in agile limbo. Now it’s time to talk about how to escape it by using the most important tool we have for unleashing the power of your teams.
budget4cast is a cloud-based app, laser focused on managing project budgets, for construction, IT, or other projects. Our clients report a 60-70% decrease in time spent managing their budgets, compared to wrangling data in spreadsheets.
Our “Getting Under the Hood” series continues with a webinar that explores how projects operate within a larger system for value delivery. Value often has different meanings dependent on the mission and vision of a given organization. The unique characteristics of projects determine the best approach for carrying out the work of the project. The PMBOK® Guide – Seventh Edition recognizes the presence of these interdependent and interrelated systems and provides project teams with the needed flexibility to conduct the work of the project in a way that enables the desired outcomes from the project.
Join PMI 20 October as we explore Our Global Impact as project professionals. Don’t miss our featured speaker Malala Yousafzai, world-renowned thought leader and Nobel Laureate!