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Risk Management, Complexity, Decision Making 11 June 2020

PMI White Papers

The Impact of the COVID-19 Crisis on Project Business

By Project Management Institute | Project Business Foundation This is a report on the results of a survey jointly conducted by PMI and the Project Business Foundation. The intention was to replace observations and opinions with reliable data. The mission was…

Article Risk Management, Decision Making 1 February 2016

Project Management Journal

Multiphase assessment of project risk interdependencies

By Hwang, Wenli | Hsiao, Bo | Chen, Houn-Gee | Chern, Ching-Chin Project risks evolve dynamically, so variations in risk influences during the life cycle of an information system development project require analyses to devise risk management strategies cost…

Conference Paper Decision Making, Risk Management, Leadership 10 October 2015

TAFT (this ain't freakin' Texas)

By Fournet, Bill Although making assumptions is part of daily life, the tendency to harden those assumptions into fact without any validation can have a negative impact on decision making and actions and greatly…

Conference Paper Decision Making, Risk Management 26 October 2014

A model to develop and use risk contingency reserve

By Shrivastava, Narendra K. This paper describes a simple model that project managers and risk team members can implement immediately to begin using risk contingency reserve in their projects. Using a risk register and an…

Article Risk Management, Scheduling, Decision Making February 2014

Project Management Journal

A new decision making model for subcontractor selection and its order allocation

By Abbasianjahromi, Hamidreza | Rajaie, Hossein | Shakeri, Eghbal | Chokan, Farzad All experts agree on the importance of subcontracting. The high impact of subcontractors on the construction process means that the selection of subcontractors is a sensitive activity. Previous…

Article Decision Making, PMO, Risk Management, Stakeholder Engagement January 2014

PM Network

Neutrality check

By Mustafa, Abid Often when stakeholder conflict arises, the project management office (PMO) remains neutral. But when cross departmental stakeholders are involved, disagreements are unavoidable, and PMOs must step…

Article Decision Making, Portfolio Management, Risk Management, Strategy June 2013

PM Network

Beauty contest

By Knudson, Teresa Beauty is in the eye of the beholder doesn't apply only to romance and fashion. Even in portfolio management, the land of objective measures and data-driven decisions, there's room for subjectivity.…

Conference Paper Decision Making, Risk Management 24 April 2013

Enterprise risk management application implementation case study

By Boukhari, Mohamad Risk management is one of the most important components in empowering an organization to achieve its ultimate vision. With proper risk management culture and knowledge, team members will be…

Conference Paper Decision Making, Risk Management 23 October 2012

How to increase risk awareness

By Jen, Rubin Risk awareness and risk tolerance are only referred to in abstract terms when described with project management, but they can have a large effect on how project risk is managed and how decisions are…

Conference Paper Scheduling, Decision Making, Risk Management, Strategy, Cost Management 23 October 2012

Project risk analysis to support strategic and project management

By El-Mehalawi, Mohamed E. Successful project cost and schedule risk management is always capable of informing project management of "where the project is" and "where the project is going" in the future. Current project…