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Project Management Blog
Thursday, 08 March 2007 04:04

Risk Management - the Other Dimension

The issue of risks on projects is considered a critical issue for the successful completion. Often, delays, cost overruns and claims are attributed to the absence or inadequacy of a risk management exercise. In a large and complex project, a risk management exercise was run. In the process of evaluating the risks, a new dimension was proposed in order to ensure adequacy of the exercise. The exercise originally followed the well documented steps of risk management. This included:
Published in Blogs
Saturday, 27 January 2007 16:27

Project Communications

Common sense and your own experience will play a large role in your ability to answer the questions on this topic.

Communication Processes defined: Communication is the link between people, ideas, and information. Project Communications Management includes four processes:

Published in Blogs
Thursday, 25 January 2007 17:37

Project Management Plan

The project plan is a key integrative document that uses the outputs of the other planning processes to create a consistent, coherent document that is the guide to both project execution and project control. Be familiar with what the project plan is used for and what items are often included in a project plan. The PM uses it to guide project execution, to document our planning assumptions, to document planning decisions regarding some of the alternatives that we have chosen. We use it to facilitate communication among the stakeholders and define key management reviews as to content, expense, and timing. It is a baseline for progress measurement and project control.

The project management plan can be either summary level or detailed, and can be composed of one or more subsidiary plans and other components. Each of the subsidiary plans and components is detailed to the extent required by the specific project.

The Develop Project Management Plan process includes the actions necessary to define, integrate, and coordinate all subsidiary plans into a project management plan. The project management plan content will vary depending upon the application area and complexity of the project. This process results in a project management plan that is updated and revised through the Integrated Change Control process. It also defines how the project is executed, monitored and controlled, and closed. The purpose of planning is to develop a Project Plan.


Subsidiary plans

  • Project scope management plan
  • Schedule management plan
  • Cost management plan
  • Quality management plan
  • Process improvement plan
  • Staffing management plan
  • Communication management plan
  • Risk management plan
  • Procurement management plan

Other key components include, but are not limited to:

  • Milestone list
  • Resource calendar
  • Schedule baseline
  • Cost baseline
  • Quality baseline
  • Risk register
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