article thumbnail

Project Management: What an L&D Professional Needs to Know

Clarity Consultants

As a result, understanding critical aspects of project management is essential for everyone working in the field. By focusing on the primary components of project management, it’s easier to cover all of the necessary cases. Here’s a look at what L&D professionals need to know about project management.

article thumbnail

Managing Risk from Every Level of Your Organization

Liquid Planner Leadership

If project management were an off-road 4×4 expedition, where teams had to plot a course through the unknown, cost and schedule contingency would be akin to the number of spare fuel cans you can carry successfully to complete the trip. Risk is not solved with a calculation. No one can predict the future with 100% accuracy.

Manager 89
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Creating a Risk-Adjusted Backlog

Mike Griffiths

The Economics of Risk Management. A risk is an uncertain event or condition that, if it occurs, has a negative or positive effect on the project. Negative risks are called threats, and positive risks are called opportunities. Creating a Risk-Adjusted Backlog.

article thumbnail

Definition of Broken (DoB): A Tool for Improving Communications and Outcomes

Mike Griffiths

This is why some projects create control limits around critical parameters and develop escalation plans to communicate exceptions and agree on the next steps. However, on most small to medium size projects, these escalation plans are often missing or left to the project manager's discretion.

article thumbnail

6 Helpful Tips for Managing International Projects

Liquid Planner Collaboration

I have a formal project management certification, but managing projects with international teams is new to me. The principles of managing projects with international teams are the same as managing a project with a team all in your own country. You’re already a good project manager.

Manager 106
article thumbnail

The Change Control Process: How To Get Started

Walk Me

A change control process is a very important part of project management. Change control helps project managers to make sensible choices about adjustments. The change control process puts several stages of paperwork in place to help leaders and managers cautiously adjust their projects.

article thumbnail

Intelligent Collaboration for Predictive Insight & Competitive Advantage

Liquid Planner Collaboration

Intelligent collaboration and risk management strategies require us, among other things, to perceive relationships, learn quickly and act upon relevant information. 845 Risk Intelligence and Measuring Excellence in Project Risk Management”, AACE International 2012. Intrapersonal curiosity (ourselves) .