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Isaí Fernandes
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I would recommend 'Practice Standard for Project Risk Management' by PMI. It provides in-depth coverage of both qualitative and quantitative…
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Perform qualitative analysis
Thanks for simplifying such a complex topic.
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Evaluate the deployed solution using valuation techniques in order to determine how well the solution meets the business case and value proposition.
I appreciate the examples provided in the blog!
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Give examples of typical activities within each process.
Amazing insights. The concept of 'what if' scenarios has always intrigued me.
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Monitor the metrics (for example, by forecasting, analyzing variances, developing “what if” scenarios and simulations, and utilizing causal analysis) in order to take corrective actions in the program and maintain and/or potentially improve benefits realization.
Finding the balance between early releases and component readiness can be challenging.
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Determine which components go to which releases.
How do you differentiate between an impediment and an obstacle?
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Prioritize critical impediments, obstacles, and blockers for the team
We should also consider the team's feedback seriously while resolving issues.
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Identify threats and issues by educating and engaging the team at various points in the project in order to resolve them at the appropriate time and improve processes that caused issues.
Can adaptive plans be used for non-software projects?
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Explain the components of an adaptive plan.
Good read, thanks for sharing.
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Perform dependency analysis to identify and monitor risks related to the interdependencies and intradependencies within or across portfolios in order to support decision-making.
Usually, minor changes within a certain threshold can be approved by the project manager. Major changes might need sponsor approval.
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Compare and contrast the roles and responsibilities of project managers and project sponsors.
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