Starting with the work done by March and Simon (more on them here) researchers have developed a step-by-step model of the decision making process and the issues and problems that managers confront at ...
I have decided to make a quick list of project planning tools that can help you during the planning stage of a project. Gantt Chart, WBS (Work breakdown structure), PBS (Product Breakdown Structure), ...
Before we get into talking about team building methods I want to make one thing clear. Team building and managing is difficult and even the best managers can get it wrong sometimes. In order for ...
In organizations with short product life cycles, it is interesting to note that frequently participation in strategic planning and implementation includes participants from all levels within the ...
Starting with the work done by March and Simon (more on them here) researchers have developed a step-by-step model of the decision making process and the issues and problems that managers confront at ...
In recent years, getting work done through teams has become standard practice in many organizations. This is true for a couple of reasons. One reason is synergy. Generally it has been proven in ...
This article is part of the Risk Response Development process. This is considered to be a activity inside that process. To understand the full picture please read this article first and follow the ...
A contingency plan is an alternative plan that will be used if a possible foreseen risk event becomes a reality. The contingency plan represents actions that will reduce or mitigate the negative ...
Probability analysis is one of the techniques that can be used in the Risk Assessment process. Although there are many statistical techniques available to the project manager that can assist in ...
The Risk Identification Process produces a list of potential risks. Not all of these risks deserve attention. Some are trivial and can be ignored, while others pose serious threats to the welfare of ...
One common mistake that is made early in the risk identification process is to focus on objectives and not on the events that could produce consequences. For example, team members may identify failing ...