Projects do not usually come without problems risk management is therefore one of the key aspects of managing successful projects. But what is a risk? You can define a risk as something that if it occurs can have an impact on your project. Its important to remember that a risk is something […]
Prince 2 is arguably one of the most well known Project Management methodologies around – and is fast becoming a must have in terms of both experience and professional certification for those looking for a career in Project Management.
Prince 2 embodies years of best practice and provides users with a framework and approach for managing […]
“What is a project” is a commonly asked question from new or non project managers. To begin with a project has a number of common characteristics.
1/ A group of tasks carried out in a definable time period to meet a specific objective
2/ It has a defined start and end
3/ It has a defined scope […]
When you’re running a project one of the major pains can be having to report on potential project slippage. With most projects basing their tolerance on project timeline and cost – a potential slippage on completion can be bad news. Slippage can cause significant effects, it creates extra cost – by way of […]
Back in our article 5 Essentials for project managers we described how important it was to capture and monitor project risks. However for first time project managers it may be confusing what to record and monitor.
Risks that are captured within projects are usually recorded within a risk register (sometimes referred to as […]
OK so you’ve been asked to run this fantastic project at work – you’ve been given a budget and group of colleagues that will help you. But this is your first project and unsurprisingly you’re a little daunted. Well don’t worry - running a project can be a pretty terrifying experience first time […]
This is for those who experience finished budgets before the project delivery.
This happens when you fall from one situation into the other. Especially with maintenance. You start with a simple remodeling and you see more and more things to improve and change.
Making a planning is a first step in protecting your budget. But a plan […]
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