Blog Archives

How to Choose the Right Forecasting Technique

In virtually every decision they make, executives today consider some kind of forecast. Sound predictions of demands and trends are no longer luxury items, but a necessity, if managers are to cope with seasonality, sudden changes in demand levels, price-cutting

Tagged with: , , ,
Posted in Forecasting, Risk Management

Manage Project Performance with EVM and Control Charts

This article describes how earned value management (EVM) indexes and control charts may be used in tangent to capture more insight from project performance. It is a very interesting article and I strongly suggest that you read the comments as well!

Tagged with: , , , , , , , , , ,
Posted in Forecasting, Project Management, Project Management Math, Risk Management

Correlation in Schedule Risk

Introduction A key issue when undertaking Schedule Risk Analysis (SRA) is understanding correlation and its significance on results, this article aims to provide a simple example to illustrate correlation, and how SRA results are affected. Dr David Hulett, an expert

Tagged with: , , , , , , , , , ,
Posted in Project Management, Risk Management

Quantitative risk analysis to define contingency reserve

Hello to you all I would like, through this post, to share my problematizations concerning the analysis of outcomes after a quantitative risk analysis using Crystal Ball PROJECT MACRO. (oracles’ add-on to microsoft project for risk analysis) Above you can

Tagged with: , , , , , , , , , , ,
Posted in MS Project, Project Management, Risk Management

The most complete article on how to set schedule buffers in MS Project

risk-loaded schedule via EPM Team – ProjectPro: Setting Buffers (Part 1: Schedule Buffer).    

Tagged with: , , , , , , , , , , , , , ,
Posted in MS Project, Project Management, Risk Management

Funny Risk Mitigation strategies….

Buttered Toast, Cats, and Risk Management.

Tagged with: , , , , ,
Posted in Risk Management

Analytical techniques for risk management

  I’ve recently posted a question (on a LinkedIn Group) regarding the usage of analytical techniques in Risk management. The responses I got where very enlightening, so therefore I encourage you to have a look at them! Analytical techniques for risk management

Tagged with: , , , , , , , , ,
Posted in Project Management, Risk Management

Ρόλοι & ευθύνες στη διαχείριση κινδύνων

Παρακάτω, αναλύονται  οι ρόλοι και οι ευθύνες του προσωπικού το οποίο εμπλέκεται στη Διαχείριση Κινδύνων του έργου. Συνίσταται η παρακάτω ανάλυση να συμπεριλαμβάνεται είτε αυτούσια στο Σχέδιο Διαχείρισης των Κινδύνων του συγκεκριμένου έργου, είτε ως παραπομπή σε πάγια πολιτική της

Tagged with: , , , , , , , , , , , , , , , , ,
Posted in Project Management

Who does what in project risk management

Who does what in project risk management via Who does what in project risk management. The aforementioned article provides a quick overview of the roles & responsibilities of    people engaged in Project Risk Management.

Tagged with: , , , , , , , , , , , , ,
Posted in Risk Management

Famous proverb about the importance of Risk.

A good friend and colleague, posted the following proverb about risk management. Indeed, risk in an inseparable part of our lives! Those of us that believe that can simply put it aside, they are just experiencing the true meaning of

Tagged with: , , ,
Posted in Risk Management
We know how to do it!
Passing the PMI/PMP exams, that's the easy part..... scoring proficient in all five process groups, that is quite a challenge!
Follow It's all about Project Management…. on WordPress.com
Follow me on Twitter

Enter your email address to follow this blog and receive notifications of new posts by email.

Categories
OPEC Oil Price (click on image below)
brent.oil_