Category: Project Risk Management
Feb
19
Risk and Uncertainty-Are They The Same Thing?
Project Management, Project Risk Management, Project Management Methodology, Project Planning, Project Scope Management 2 feedbacks »Source - Article by Bob Andrew
Britain’s Royal Society, one of the oldest and most prestigious scientific bodies, has selected 12 key issues, which they believe will shape science in the 21st century and might gives us some idea of what we can ex… more »
Feb
03
What Do Project Managers, Edward Hubble and Bats Have in Common?
Project Management, Project Risk Management, Project Management Methodology, Value Management, HR Management Send feedback »Source - Article by Bob Andrew
The famous Austrian physicist, Christian Johann Doppler, gave his name to a very important phenomenon in physics called the Doppler Effect. Light and sound waves appear to change their frequency if the source of the… more »
Feb
02
There’s Nothing New Under the PM Sun
Project Management, Project Risk Management, Project Management Methodology, Project Planning 3 feedbacks »Source - Article by Bob Andrew
The famous English Franciscan friar and philosopher Roger Bacon (c. 1214-1294) must have worked in project management. In a well known quotation of his, he stated a critical factor that is relevant to managing a pr… more »
Jan
23
Cognitive Biases in Project Decision Making
Project Management, Project Risk Management, Project Planning, Project Scope Management, Project Estimating 3 feedbacks »Source - Article by Bob Andrew
Cognitive biases are mental errors caused by our simplified information processing strategies. The human mind is limited in how much information it can process and in how much detail it can remember. In order to red… more »
Jan
14
Turn Creative Project Team Members Into Skunks To Keep Them Away From Predators
Project Management, Project Risk Management, Project Management Methodology, HR Management Send feedback »Source - Article by Bob Andrew
There are usually two types of people in any project team; those that generate new ideas and those that don’t. The creative ones are those that make mistakes and the non-creative those that don’t. Regrettably, it is… more »
Jan
13
Problem Analysis and Decision Making
Project Management, Project Risk Management, Quality Management 11 feedbacks »Source - Article by Bob Andrew
Each of us, every day of our lives, have to make decisions. Our decisions can be small, big, critical or mundane. Generally, we don’t make the best decisions even if we have the best information. This is often beca… more »
Jan
03
Time and Complexity in Project Management
Project Management, Project Risk Management, Project Management Methodology, Project Planning 4 feedbacks »Source - Article by Bob Andrew
The famous philosopher of science, Karl Popper, believed that we live in a universe of clocks and clouds. Clocks are predictable and unchanging, but clouds change all the time in a complex manner, with their existen… more »
Oct
14
The Relevance of Crew Resource Management (CRM) to Project Management
Project Management, Project Risk Management, HR Management 5 feedbacks »Source - Article by Bob Andrew
In the 1970's, aircraft accident investigators determined that that the major cause of accidents involved human error, with other causes, such as equipment failure and weather being less significant. Subsequent to… more »
Oct
03
The Role of Materials in Constructability Reviews
Project Risk Management, Managing Project Corrosion Risks, Project SHE Management (OHS Act), Construction Project Management, Value Management 4 feedbacks »Source - Article by Bob Andrew
The concept of ‘constructability’ is well known in construction project management. A constructability review is applied during the project feasibility stage, as well as during other stages of the project, to ident… more »
Sep
07
Source: Article by Bob Andrew
The continuous identification, assessment and management of risks and threats that could influence project deliverables is an important part of a project manager’s life. The main source of risks and threats is uncert… more »
Sep
07
Source - Article by Bob Andrew
We human beings think largely in a deterministic manner. We try to understand the present by looking back to the past, believing that everything that is happening to us now was caused by things that happened in the… more »
Aug
10
When are Full-Time or Contract Resources the Best Fit for your Team?
Project Risk Management, PM Articles, HR Management 7 feedbacks »Source: TenStep Article by Tom Mochal
Summary:
It is important to consider your particular situation, such as position openings and your company’s staffing philosophy, when deciding what type of staffing to use. Consider some of the pros and cons of… more »
Jun
22
Source: Articles by Dick Billows of 4PM
Prevention: Not Lots of Paperwork
A few minutes of risk management on even the smallest project gets a good return for the effort. We just need to scale risk management so the payback is proportional to the… more »
Mar
16
Check Your Project for These Four Warning Signs
Project Management, Project Risk Management, Best Practices 2 feedbacks »Source: TenStep Article by Tom Mochal
Obviously your project is in trouble if you are missing deadlines and consistently exceeding the estimated effort and cost to get work done. However, you may have a project that actually appears to be on schedule… more »
Feb
12
The Hidden Costs and Dangers of the Shortcut
Project Management, Project Risk Management, Project Planning 3 feedbacks »Source: Article by Michelle LaBrosse, PMP - Founder of Cheetah Learning
Summary:
We live in a world where we are often pressured to take shortcuts to save time
and cut costs as much as possible. However, if you’re not a skilled and
experienced pro… more »
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