Define the scope. Build a budget. Create a schedule. The legacy triple constraint has served us well. But we need to adjust our thinking with these three new sides to our project management triangle...
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Project leaders must cope with many uncertainties, from requirements to schedules. These uncertainties can’t be removed but they can me managed and often mitigated. Here are some strategies and actions to address risks, reduce ambiguities and retire unknowns.
Modeling should be at the core of project management. So, where have we gone wrong? Did we lose the narrative and accept the arguments that these tasks are outside our active concern scope and leadership abilities? The simple answer is, we have.
Risk is being reinvented—and that’s a very good thing. There’s a lot more to project uncertainty than simply identifying, assessing, prioritizing and managing risk. It's time we fully embrace all of the elements of uncertainty.
How do new project managers determine whether issues are something they should worry about or whether they are simply “noise”? In the absence of experience, try this approach.
Measurement has always been an essential part of project management success. The discipline has recently achieved even greater prominence as a project performance domain. Use these tips to refresh your measurement skills and increase performance.
As we move away from our focus on knowledge areas, what metrics is your organization using to monitor some of the new performance domains in the latest edition of the PMBOK® Guide? Here are some ways we can measure success.
Too often, acceptance of a risk becomes “pseudo-ignorance” because the owner doesn’t review the risk on a regular basis to ensure that nothing significant has changed. But while acceptance is a valid risk management strategy, ignorance isn’t!
Project managers often focus a lot on developing estimates, but sometimes they ignore the most important aspect of those estimates. Let's discuss the importance of standard deviation.
Finding the optimum level of governance, risk management and compliance enforcement is part of the secret sauce that makes for a successful PMO. What kind of ingredients make up the best framework?