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Managing risk and contingency

I was recently interviewing a risk management specialist and was intrigued to find that although he had a huge amount of knowledge about risk and issues management, he had very little knowledge of...

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Distributed versus consolidated project contingencies

Distributed contingencies are normal in most aspects of project management but often result in sub-optimal use of resources. Typical examples include allowing some safety margin in each critical path...

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A reality check for project managers

Are you ignoring reality in your project planning? Insert a reality check in your process when you take your project from planning to execution. I have recently returned from a holiday to Europe and...

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What my time machine taught me about project contingency

You always learn valuable lessons the hard way. You learn, for example, that beer and ice cream don’t mix just as you’re about to speak at your best friend’s 21st. You learn that you should never delay...

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Who keeps your project on track?

The way projects operate can sometimes look chaotic from the outside. Hell, it can look chaotic from the inside too. That’s where project governance comes in. Over the past week I’ve been rifling...

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Leadership needed for risk management

PMOs are often asked to provide leadership and best practice in risk management. They do this by blending corporate standards, best practice and a degree of oversight. Where a PMO can really provide...

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