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A project post-mortem is a process used to identify the causes of a project failure (or significant business-impairing downtime), and how to prevent them in the future. This is different from a Retrospective , in which both positive and negative things are reviewed for a project.
It is related to (or sometimes a part of) risk-based asset management, risk-based integrity management, and risk-based management. Generally, RBI is part of risk and reliability management. The basis of most RBI programs is the corrosion circuit , in which each circuit can be compared for relative risk levels to aid in inspection and ...
Project vulnerability is the project's susceptibility to being subject to negative events, the analysis of their impact, and the project's capability to cope with negative events. [5] Based on Systems Thinking, project systemic vulnerability management takes a holistic vision, and proposes the following process: Project vulnerability identification
The project risk management (PRM) system should be based on the competences of the employees willing to use them to achieve the project’s goal. The system should track down all the processes and their exposure which occur in the project, as well as the circumstances that generate risk and determine their effects.
Project management office: The Project management office in a business or professional enterprise is the department or group that defines and maintains the standards of process, generally related to project management, within the organization. The PMO strives to standardize and introduce economies of repetition in the execution of projects.
The ISO technical committee dealing with project management, ISO/PC 236 was held by the American National Standards Institute (ANSI) which had approved four standards that used Project Management Institute (PMI) materials, one of which was ANSI/PMI 99-001-2008, A Guide to the Project Management Body of Knowledge - 4th Edition (PMI BoK® Guide ...
An eight-step assurance procedure was outlined in a 2013 paper produced by the BT Centre for Major Programme Management at the University of Oxford. [1] The key features of this approach to project assurance are a critical review of the project plan and personnel by an expert independent organisation with expertise in benchmarking and project execution.
PERT network chart for a seven-month project with five milestones (10 through 50) and six activities (A through F).. The program evaluation and review technique (PERT) is a statistical tool used in project management, which was designed to analyze and represent the tasks involved in completing a given project.