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Project Risk Management

New Project Management book:

Project Decisions: The Art and Science

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Project Management

Decision Analysis

Risk Management

Event Chain Methodology

Psychology of Project Management

Project Decision and Risk Analysis Journal

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Materials published by Intaver Institute Inc. may not be published elsewhere without prior written consent of Intaver Institute Inc. Requests for permission to reproduce published materials should state where and how the material will be used.

 

Event Chain Methodology in Details

Analysis of duration, cost, and other parameters of projects becomes increasingly complex due to the multiple risks and uncertainties inherent in most projects. Quantitative risk analysis methods enable project managers to assess how these risks will affect the project schedule. Their main challenge is to determine how to model and visualize the complex relationships between risks, define and monitor the risks’ impacts, analyze the probability of risk occurrence, mitigate the negative impact of risks, and monitor the course of the project with risks and uncertainties. Event Chain Methodology is a process that has been developed to meet these challenges. Event chain methodology is an uncertainty modeling and schedule network analysis technique that is focused on identifying and managing events and event chains that affect project schedules. Event chain methodology helps to mitigate the negative impact of psychological heuristics and biases, as well as to allow for easy modeling of uncertainties in the project schedules. 

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Adaptive Project Management

Originally developed by ecologists, adaptive management has become a powerful framework for project management. It is a structured and systematic process to continually improve decisions and practices by learning from the outcomes of previous decisions. Adaptive management includes a number of organizational principles, such as iterative development and avoidance of irreversible decisions. Adaptive management relies of metrics and quantitative methods to integrate actual project performance to the management of projects. 

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Frustrated Developer's Syndrome

Frustrated developer's Syndrome (FDS) is a  “disease” that can afflict corporate culture, particularly decision-making, efficiency, and productivity. FDS is a problem because frustrated project team members will not produce good projects.

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 Estimations in Project Management

Learn psychology of estimations in project management. Read about few simple remedies, how you can improve your estimations.

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Project Management Using Event Chain Methodology

Any projects are affected by a large number of events (risks), which can significantly change the course of a project. These events may form groups of related events or event chains. The event chains methodology can contribute to reducing uncertainties in project scheduling and significant simplification of process of modeling, tracking, and analysis of project schedule.

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Quantitative Risk Analysis with Microsoft Project

Quantitative Risk Analysis has become an important component of project management. Microsoft Project implements Qualitative Risk Analysis methodology. But what about quantitative analysis? Learn how to use Microsoft Project with third party tools to perform quantitative risk analysis.

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MindManager and Risk Analysis

Learn  how brainstorming tools, such as MindManager by MindJet, can be used in the process of decision and risk analysis.

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Project Decision Analysis Process

Project management is the art of making right decision. Project managers are faced by huge array of choices. Should different supplier be used to improve the quality of a product? Should additional team member be brought in to improve the development performance? Learn how decision analysis process can be used on project management.

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Making Right Decisions in IT Project Management

Formalized decision analysis process helps IT project manager to make a right decision. Learn how to use decision analysis techniques to mitigate negative impact to psychological biases and select most effective project decision.

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Software Project Management under Uncertainties

Managing of risk and uncertainties during the course of a project has become one of the priorities of the software project manager. Event chains methodology is a practical approach to managing software projects that contain multiple uncertainties. 

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Quantitative and Quantitative Risk Analysis

Learn how qualitative and quantitative risk analysis together can be help to improve project management process. 

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