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 Professional
Successful Project Initiation
Assumption log- Used to record assumptions throughout the project life cycle Business Case – Justification for undertaking the project (Sample Available for download) Stakeholder register- Identifies individuals who could affect the achievement of the project objectives (Sample Available for download) Project charter- Formally authorizes the project and resources to be used Benefits Management plan- Discusses how […]
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 […]