The term resilience is not used that often. New in the PMBOK© Guide 6th Edition it is represented in the chapter Risk Management as “Project Resilience”. Many of you will not know exactly what the PMBOK© Guide means. In this article I will show you what resilience means and specifically what it means for projects […]
Curious about what truly defines a Minimum Viable Product (MVP) in agile projects? Developing new, innovative products carries significant risks, often leading to project failures. In this context, the application of an MVP has proven successful, particularly in agile software development. Do you know what an MVP is, why and how it’s created, and how […]
On 18 November, the new Scrum Guide 2020 was officially released. With the new 2020 Version of the Scrum Guide, the Scrum community celebrates 25 years of Scrum. Dr. Jeff Sutherland and Ken Schwaber, with contributions from the Scrum community, have made updates to make the Scrum Guide crisper, leaner and more transparent. In this […]
You have probably heard the term “User Story” already—especially if you have already been involved in agile projects. If you still have little experience in agile project management, then this article is just right for you. Here I explain in detail what User Stories are and how they are created and documented. Read on and […]
Do you have work package descriptions for your project? Many of you will answer with “No”. “Such a thing is not necessary and only an over-organization!” I often hear that. Many project managers underestimate the benefits of good work package descriptions. But with little effort, you can bring more security to your project, increase quality, […]
With agile projects not only mobile apps or application software are developed—agile projects are more and more used in larger and complex development projects and programs in the industry where software is embedded in large technical systems. This article gives you an overview of how Earned Value Management (EVM) can be applied to complex projects […]
In my last article: Successful Response Planning in Risk Management, you learned the basics of response planning in project risk management. Now you have to define the appropriate risk response strategy for the identified risks. With this strategy, you then react to your risks with effective actions. In this article you will learn about the […]
You are not defenselessly exposed to risks in your project! After you have identified and analyzed the risks in your project, you can start with the next step—with response planning. With appropriate actions you reduce or avoid risks or are ready when risks are about to occur. The planning of actions and their timely implementation […]
Do you know the difference between uncertainty and risk? Is there a difference at all, or is it about the same? When I am coaching project managers or business managers in their risk management activities, I often see identified risks that are not risks. If risk identification fails, subsequent steps in the risk management process […]
Project management is a vital business activity to create new products and services to secure the future of the business of companies, but also to execute large maintenance activities doing reorganizations or accusations.The Project Management Institute (PMI) defines project management as “the application of knowledge, skills, tools, and techniques to project activities to meet the […]