Because risk is a part of any project, an important role of the project manager is to identify and control it. Without any control, risks can become disasters, causing delay, unnecessary expenses and ...

When project stakeholders have been identified, the direct and indirect effects experienced by these stakeholders must also be understood and addressed by your senior design team. What is a project ...

"Plan the work, then work the plan." Nowhere does this mantra of project management apply more than when managing technology risks. That new Whiz-Bang 3000 may not perform up to specs, the cloud ...

The risks that mechanical contractors face on projects just seem to grow every year, and this past year, there were some new curveballs added to the mix. All of a sudden we are contending with issues ...

Power and energy construction projects are often complex and nearly always full of risks. On some jobs, miscalculating schedules and underestimating material expenses can result in hundreds of ...

Standalone risk refers to the risk tied to a single unit or asset, isolated from a portfolio. Understand its significance with examples and measurement formulas.

This Safety Report provides specific guidance on the management of project risks in decommissioning. The publication proposes a systematic and proactive approach to identifying, analysing, evaluating, ...

"Risk account" is the term used for new account setups or modifications to current accounts in order to enable the charging of allowable project costs in the absence of certain award documentation ...

Imagine your design team working seamlessly with your construction team through the design and construction phases of your project. Imagine minimizing or eliminating changes to the project budget and ...

Project Online’s going away, but smart leaders see more than a deadline — they see a chance to future-proof how their org plans and executes. Microsoft recently announced it will retire Project Online ...