Project success rates are rising. Organizations today are wasting an average of US$97 million for every US$1 billion invested — that’s a significant 20 percent decline from last year’s Pulse of the Profession® findings. Organizations are experiencing more success implementing str ...
Stakeholder management is critical to the success of every project in every organization I have ever worked with. By engaging the right people in the right way in your project, you can make a big difference to its success... and to your career. ...
IFYOU’VE EVER HAD a great idea shot down before it got off the ground, lack of support may be the reason your idea didn't fly. Getting your ideas implemented means getting the support of the project stakeholders. To do that you should know the benefits and risks of yo ...
According to research, stakeholder disappointment is a root problem within projects. In this article, the dilemmas related to stakeholder inclusiveness, in other words, engaging a broad range of stakeholders, are discussed. Based on a longitudinal case study, three prop ...
In stakeholder management, a key question is: How can an actor/organization (e.g., a project) under different contingencies apply strategies to develop the relationship with each stakeholder into a favorable one seen from the focal organization's perspective? Based on an in-depth longitudi ...
The purpose of Project Risk Management is to identify project risks and develop strategies to prevent them from occurring or minimize their impact to the project if they do occur. Project risks exist because of uncertainty. There is always the possibility that something known or unknown ...
The benefits of risk management in projects are huge. You can gain a lot of money if you deal with uncertain project events in a proactive manner. The result will be that you minimise the impact of project threats and seize the opportunities that occur. This allows you to deliver your proj ...
The Practice Standard for Project Risk Management provides a benchmark for the project management profession that defines the aspects of Project Risk Management that are recognized as good practice on most projects most of the time. The Practice Standard for Project Risk Management cove ...
What could possibly go wrong? As a project manager, it’s your job to know that, as well as each risk’s probability and impact. There are many tools and techniques available to plan for and evaluate risks and how to mitigate them. Rel ...
A taxonomy of Internet applications has been created to describe the use of the Internet for project management communication. It is based on the technological characteristics of Internet applications, the requirements of project management communication, and the organi ...