SWOT Analysis for Risk Identification

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how to buy Adobe Photoshop CC for Photographers SWOT Analysis –acronym stands for Strengths, Weaknesses, Opportunities, Threats. It’s a great tool to use in a group – either in a facilitated session or as a brainstorm .This method is very helpful for identifying risks within the greater organization context. Strengths and weaknesses are generally related to issues that are internal to the organization. […]
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Risk Reviews and Risk Audits – Do we understand the difference ???

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buy cheap Microsoft Office Project Professional 2007 SP2 During my RMP classes, I am often asked the difference between Risk Reviews and Risk Audits .Lets understand … Risk Reviews look forward in time to what should happen for Risk , while Risk audits look backward to what has occurred . The objective of a Risk Review is to reevaluate the risk environment, the […]
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Lessons Learned Management

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here As per 11th Jan 2016 PMP changes, a new task –Task 6 added under Monitoring and Controlling Process Group.Capture, analyze , and manage lessons learned using lessons learned management techniques in order to enable continuous improvement .This task aims at involvement of project manager in lessons learned management techniques relating specifically to how to manage […]
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Cost Benefit Analysis

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As per 11th Jan 2016 PMP changes, a new task – Task 7 added under Initiating Process Group. Conduct benefit analysis with relevant stakeholders to validate project alignment with organizational strategy and expected business value. This task aims at involvement of project manager earlier in the project in project selection decisions. Cost-benefit analysis (CBA) or […]
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Assumptions, Assumptions Analysis and Assumptions Testing

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Assumptions are an important part of any project. Assumptions usually require some type of follow-up or validation in order to determine whether or not they will impact the project. No-one can predict future with perfect certainty, this is the reason we keep guessing while making decisions in our projects, businesses and life in general. These […]
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“Force Field Analysis” adaptation for Risk Identification

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“Practice Standard for Project Risk Management’’ defines Force Field Analysis as below: “Force Field Analysis is typically used in the change management context. It can be adapted for risk identification by identifying driving forces (“forces for change”) and restraining forces (“forces against change”) which currently affect achievement of a project objective. Risks can then be […]
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