This is the second in a two-part series for our Ultimate Guide to Project Risk. Read Part 1: Assessing Risk first, then return here to continue. Once you’ve completed your risk assessment, you’re ready to create your risk management response plan (using appropriate risk management tools). Note that risk management isn't something you check off your project to-do
Both approaches to project management may have their pitfalls. Perhaps the best way to manage your projects and business would be to use a hybrid method, which takes the best features from the two approaches. Learn more about leveraging the two approaches by reading Andrew Filev's article published in the influential Web 2.0 Journal.
“We can lick gravity, but sometimes paperwork is overwhelming.” —Wernher von Braun, Chief Architect of Apollo's Saturn V Neil Armstrong, Buzz Aldrin, and Michael Collins may have been the most visible figures of the 1969 moon landing, but the Apollo 11 team included thousands of people led by a select group of program and project managers at
With busy schedules, tight deadlines and many other day-to-day project management challenges, have you ever wished you had a super power to help you cope with them all in a magical way? Inspired by interesting comments to our CEO’s recent post "7 Business Lessons an Entrepreneur Can Learn from Superheroes", we thought of a few
Companies with large IT departments and projects have complex needs that require advanced solutions. IT project management offices, also known as IT PMOs, offer oversight, guidance, and tools that will make your organization more productive and make it easier to scale. But what exactly is an IT PMO? What are the core IT PMO objectives and
In one of my recent posts I wrote that using project management 2.0 software helps project manager guide his team’s work, delegate some of his initial duties and allocate roles and responsibilities so that they are clear to everybody on the team. Project management 2.0 tools also let one apply some traditional methodologies of structuring
Welcome to the modern financial professional’s guide to project management for accountants. In this article, we’ll go in-depth into the benefits of using project management methods for every aspect of project-based accounting. We’ll also teach you what the challenges are and how to choose the best tool for your team. Why is project management for accountants
Now that you’ve mastered the lingo and have a firm grasp on our first 8 common Project Management methodologies, you’re starting to settle into your new PM role. You’re gearing up for your first project kickoff, and the boss is back in your office: “So, let’s talk methodologies. What do you think is the best
Choosing a project management methodology is like choosing which recipe to follow when baking chocolate chip cookies. One recipe might use room-temperature butter while another recommends melted margarine, or call for dark chocolate instead of semi-sweet chips. Each recipe gives you delicious cookies, but the steps, ingredients and techniques are all a little different to