Your Guide to Project Management Best Practices

Tagged: strategy

threat and opportunities in risk management

PM Tips & Ideas

Defining Threats and Taking Opportunities by Risk Management Strategy

In the literature on PM (project management), the term “risk management strategy” refers to the scope and direction of actions for project practitioners to embrace the likelihood of both positive and negative consequences that can potentially happen. Such a strategy determines what configuration and implementation of available resources are best to use within a challenging business environment in order to ensure successful accomplishment of project goals and adherence to stakeholder expectations…

Managing IT Procurements Process

IT & Software

What is IT Procurement Process and How to Manage It?

IT procurement and purchasing activities are essential to any company that uses information systems, computers and equipment to operate projects, processes and procedures. Today it’s hard to find an organization that does not implement various IT systems and solutions in planning and carrying out processes. The management of IT procurement process needs to be carefully learned and analysed in order to create a foundation for providing firms with high-quality and effective systems and software.