Tagged: activity

Risk Analysis Rornado Chart

CPM Project Risk Analysis by Simulation

Project risk analysis has always been as challenging and complicated as valuable and mission-critical. The information a team gathers while analyzing risks is valuable as long as it helps the team perceive true risk exposure and reduce the key drivers. The impact of uncertainties and risk events can jeopardize project schedule and push critical path completion dates out of alignment with project goals. A simulation-driven risk analysis in critical path management (CPM) gives the team a true sense of exposure. Risk models let ensure realistic CPM scheduling.

Pros & Cons of working remotely

Working Remotely: Pros and Cons

Technology has redefined how people do their jobs. Working from home and remote locations is a growing trend. Many people have successfully transitioned from a traditional to virtual office. With the ability to work remotely comes different effects on how business gets done. Modern technology has changed how most companies operate and communicate. It allows businesses to expand operations from a limited geographic region to anywhere in the world. Like any other business tool, working remotely offers distinct advantages and disadvantages.

activity schedule

Project Activity Schedule Template

An activity schedule is an analytical tool for graphically presenting and reviewing the activities of a project. It helps to identify the logical sequence of the activities, estimate their duration, and denote any dependencies that exist between them. The activity schedule also serves as a foundation for allocating management authority and responsibility. Having the activity schedule prepared, the project manager can plan for further specification of resources and estimation of costs… The following Project Activity Schedule Template is designed to help project managers create the schedule. The template describes 6 steps of the schedule development process.

PRINCE2 activities

PRINCE2 Activities: Five Models of Managing Targeted Activities

The PRINCE2 methodology generates a range of activities to manage project constraints such as issues, risks, quality, business requirements, and so on. In order to plan and deliver a PRINCE2-driven project, the project manager needs to understand what activities to run and how they supposed to be managed. In this article we present five models of PRINCE2 activities. The models describe Business Case, Quality, Risks, Issues, and Work Done. The information in this article will help you better understand PRINCE2 activities.