When it comes to projects, the risk to reward ratio is key. Knowing how to develop and execute projects that give the best return with appropriate risks is essential for any business. In this blog post, we will discuss how to measure the risk to reward ratio of a project, how to develop projects that […]
Tag: risk management
Project Plan Example – Sample Real-Life Project Plan
Are you planning to create a project plan? What does a good project plan look like? How could I create one? Where should I start to create a plan for your project? For a successful project, a great project plan is essential. In this article, we will go through the key steps to write a […]
ITIL Remediation plan: What to do if your IT Service Change Fail
The ITIL Service Transition stage is the third stage of the ITIL lifecycle. It is in this stage where new or upgraded services are tested before going live. This is thoroughly covered in ITIL foundation certification training. After the ITIL Service Design stage, it is assumed that the service will work flawlessly in a test […]
What is the Relation Between Reserve Analysis and Risk Management?
In project management, there are always risks. According to PMI Certification Training, even if a solid Risk Management is applied, there might still be extra costs or time needs, during the project. Reserve analysis helps to analyze the reserves of a project. How does the reserve analysis help to reach the project goals? What are […]
Project Schedule Delays – Causes, How to Prevent and Mitigate
“If you are in the project delivery space, the project schedule delays are inevitable.” Do you agree with this statement? Many project managers think that completing projects on time appears only in books. Well, this is not true. With project management office practices, proper project management skills, proactive risk management, and effective planning, project schedule […]