Risk Severity Matrix
The Risk Severity Matrix, also known as the Risk Impact/Probability Matrix or the Risk Probability and Impact Matrix, is a project management tool used to assess and prioritize risks based…
Using the Five Whys
The "Five Whys" technique is a problem-solving method that helps to identify the root cause of an issue by asking "why" repeatedly. As a project manager, you can use the…
The MoSCoW Method
The MoSCoW method is a prioritization technique used in project management and software development to categorize requirements based on their importance. The name "MoSCoW" is an acronym that stands for:…
Sensitivity of One vs. Multiple Critical Paths
The network sensitivity is generally higher in a project with only one critical path compared to a project with multiple critical paths. Here's why: One Critical Path: In a project…
Sensitivity of Multiple Critical Paths
A network diagram is considered sensitive if it has multiple critical paths. In project management, the critical path is the sequence of dependent activities that determines the shortest possible duration…
Sensitivity of one Critical Path
A network diagram is considered sensitive when there is only one critical path. In project management, the critical path is the sequence of dependent activities that determines the shortest possible…
What is Network Sensitivity?
In project management, a network diagram is said to be "sensitive" when there is little flexibility in the scheduling of activities, and any delay in a critical path activity will…
Skills to Think Like a Project Manager
Thinking like a project manager involves a combination of skills and mindset that enables effective planning, execution, and control of projects. Here are key skills and attributes that contribute to…
Operational Objectives
Operational objectives are specific, measurable goals that focus on the day-to-day activities and processes within an organization. These objectives are essential for ensuring that an organization's daily operations align with…
Organizational Objectives
Organizational objectives are specific, measurable goals that an organization aims to achieve within a defined time frame. As a project manager, understanding and aligning your project objectives with the broader…