Risk management is an important project management function. While we have tools to identify, assess, and manage risks, it’s sometimes difficult to understand and distinguish…
RetiredPM
By definition, your role as project manager ends when the project is complete. Projects are temporary work efforts with a defined beginning and ending. The…
Estimates are just that, an estimate of future costs. The accuracy of estimates can vary greatly and generally range between -50% to +50% of the…
If you fail to plan, you are planning to fail. –Attributed to Benjamin Franklin. Project failure usually results from lack of planning. Stated in another…
Risk events can have both negative and positive impacts on a project. Most people think of risk in negative terms; however, some events could have…
Here are three techniques for estimating project costs. Top Down Bottom Up Parametric
Problem solving is the process of identifying a problem, developing possible solutions, and taking the appropriate course of action to resolve the issue. Project problems…
An Indian walks into a cafe with a shotgun in one hand and a bucket of buffalo manure in the other. He says to the…
If you are studying for the PMP examination, you may find the following information useful. Here are 3 basic rules to interpret the results of…
Have you ever sat in a conference room with a dozen or more people around the table and wondered why are we here? I have,…