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Tuncay Elmi
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Definitely, it adds a layer of preparedness and resiliency.
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Monitor residual & secondary risks
How reliable are PMIS when it comes to generating reports for executive presentations?
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Develop and/or utilize the program management information system), and integrate different processes as needed, in order to manage program information and communicate status to takeholders.
I'm confused, are project sponsors supposed to be involved in risk management?
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Compare and contrast the roles and responsibilities of project managers and project sponsors.
Prioritization is typically done based on the risk's potential impact and its likelihood of occurrence.
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Calculate the risk the organization can absorb (e.g., financial, scope, environmental, technical, legal, schedule, quality, contract, etc.)
Building strong relationships with team members can significantly reduce project risk.
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Develop strong communication skills, relationship management skills, and negotiation skills
Informative post! What are the key metrics for measuring portfolio efficiency?
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Analyze and optimize the consolidated allocation/reallocation of capacity (e.g., people, tools, materials, technology, facilities, financial) using supply/demand management and scenario analysis techniques to ensure portfolio efficiency and effectiveness.
Thanks for this valuable resource. It’s been a great help for my PgMP studies!
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Verify that the close, transition, and integration of constituent projects and the program meet or exceed the benefit realization criteria in order to achieve program’s strategic objectives.
I have a question about prioritization. What techniques can be used to align portfolio components with strategic objectives?
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Create high level portfolio roadmap working with key stakeholders using prioritization, interdependency analysis, and organizational constraints in order to confirm and communicate the portfolio components sequencing, dependencies, and strategic alignment.
I've been using risk registers for a while, but I had no idea how crucial they are until recently. Great…
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Apply risk management tools and techniques to drive a better risk process (Monte Carlo simulations, probabilistic risk management techniques, and risk registers)
Integrating change management with release planning can be complex. Any tips?
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Determine which components go to which releases.
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