Consider the ways project management complement contract management with the following tables of criteria that relate their characteristics in multidimensional modeling of risk management: y-axis- benefit Intangible Spectacle Tangible How result and outcomes used along low to high (bottom to top) continuum Project Event Contract x-axis- internal to external Investment category How investments will be […]
Tag: Project Management Institute
Why Expert Judgment will Become Data Analysis Expertise in the New Age of Automation Projects
Consider for a moment 3 surprising findings: These three disparate facts have one thing in common. All these factors relate to strategic innovation risks of building and sustaining innovation. Co-Innovation Risk: requirement of other innovations for successful commercialization Execution Risk: requirements for your company to bring forth your product with required specifications on time/budget Adoption […]
Project Management: The Application of Tools and Skills to Appropriate Settings
Project management is the application of common sense practices to businesses in a wide variety of industries. Project managers certified through the Project Management Institute heed the warning: “Do not let common practice replace common sense.” This statement is catchy, but it is also very applicable to project management tools and business organizational processes. I […]
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