Do we have to wait until after the project is delivered and handed over to operations to see if it was a good investment? This article will provide practical advice and a proven user research process you can use today to improve your benefits realization management .
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A risk register that simply lists risks without addressing their consequences is at risk of being ignored. A more effective risk register explains why we should be concerned about the risks; it clearly communicates the risk events and what their impact would be. In short, it answers the "so what" question.
Analyzing information and data is a very important skill for a project manager in all phases of the project. Are you getting an "A" for analysis effort?
To build better applications, citizen developers need to learn how to analyze and design for enterprise risk requirements as a part of capability development.
Doing nothing is an acceptable response to potential project threats that are deemed relatively insignificant or highly unlikely to occur. But what do you do when risk mitigation activities have been curtailed and that improbable problem does indeed arrive? Communication and calm are critical, according to these project management experts.
Project managers excel at managing the project schedule, but many of us are not accustomed to revisiting the original premise of a project. There are four very simple and practical “perception” risk mitigation techniques that PMs and teams can implement.
There are instances during the leading of an information technology (IT) project when project managers identify issues and concerns. We are also taught to monitor the risks—managed and unmanaged—that impact the successful completion of the project. This paper will briefly discuss a pragmatist’s view to managing the issue and risk logs and understanding their interrelationships, as well as the benefits of developing an integrated issue and risk log.
Addressing the problems inherent in opening new hotels, this paper advocates that hotel owners adopt a complete and well-defined project lifecycle overseen by an experienced project manager. The goals and deliverables for the key phases within this extended new hotel project lifecycle are identified and the main benefits of following this approach are explained. The proposed approach helps optimize the return on investment for each new hotel and maximizes positive cash flows from operations.
Some people enjoy project work, and some do not. Turning a project into something that no one wants to work on is truly an accomplishment--but not one to brag about. Be on the lookout for these four warning signs…
Why are project managers afraid to stop projects? So often after being assigned to a project, project managers try to run before they walk. This is especially common when the project is already in progress. You can quickly get caught up in the momentum of work and forget to question whether the work is justified. If this is truly the case, shouldn’t more projects be stopped? What if it means losing your job?