Risk identification is the cornerstone of effective risk management. It involves systematically detecting and documenting potential events that could negatively influence an organization’s objectives. By uncovering these risks early, organizations can proactively develop strategies to mitigate or eliminate them, ensuring smoother and safer operations and safeguarding assets.
With great pleasure, PECB announces a new partnership agreement with PM Solution Pro. This step will enable the distribution of PECB training courses in Alberta, Canada. It will ensure that the respective companies will make expertise-based contributions to offering and organizing PECB courses.
“We are very excited about this partnership as we have always welcomed partnerships with companies whose objectives align with our own,” said Tim Rama, CEO of PECB. He added that PM Solution Pro achieved great success.
For those who believe, let us pray together for world peace and spiritual healing! In this chaotic time of war,…
An integrated approach to risk-based management has a greater chance of success. An integrated plan deserves an integrated schedule. Poor integration…
In project settings (or even in other endeavors), the manager must contend with having too much information. Sorting through details…
Labor Day, celebrated on the first Monday of September, is a significant holiday in many countries, particularly in the United…
For risk-based management to work correctly in an organization, management has to be willing to listen. Messengers who bring unwanted but factual news must be appreciated, not placed on a chopping block.
What should be the approach of open-minded management? Should we be worried that a management receptive to new and different ideas or opinions will prevent a risk framework from being effective? We always hear about streamlining a management process as we begin a new project because we want to increase efficiency and productivity.
For those who believe, let us pray together for world peace and spiritual healing! In this chaotic time of war, disease, disaster, evil, turmoil, changing norms, disruptions, and other challenges, goodness can be expressed in many ways. We in PM Solution Pro pray for the best in people, in the days and months ahead.
A good risk-based plan will translate to an excellent risk-based schedule, but it continues beyond there. To complete the statement loop, one must say, “A good schedule feeds back to the risk-based plan to make it better.”
Project management does not end after the team develops a project plan. The plan is more of a starting point than completing a management process.
When client and contractor start throwing accusations against each other surrounding schedule baseline management, one can easily conclude that a problem or issue is brewing. It can turn into significant risks.
I have encountered many self-proclaimed planning/scheduling experts in the construction industry. The concern is when the discussion revolves around the critical path fundamentals; more than half cannot explain its essence. They need to have that picture-perfect impression of what it really is.
Does this mean that the term critical path is but a salesperson’s word?
How can we trust a project manager, a project specialist, or a scheduling expert who does not know one of the most important aspects of scheduling and good project management?
