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Maximilian Steger
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Another pitfall is underestimating the residual risk, which can lead to inadequate response plans.
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Monitor risk response and document residual risk
It was a significant focus area. Make sure you are comfortable with both the theoretical aspects and practical applications.
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Monitor risk response and document residual risk
Valuable approach for improving project success rates.
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Use iterative, incremental practices throughout the project life cycle (e.g., lessons learned, stakeholder engagement, risk)
I always review formal agreements like RFPs and contracts to understand stakeholder expectations and obligations. It sets the foundation for…
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Perform stakeholder analysis through historical analysis, personal experience, interviews, knowledge base, review of formal agreements (for example, request for proposal (RFP), request for information (RFI), contracts), and input from other sources in order to create the stakeholder management plan.
Great post! The information on aligning project compliance objectives with organizational strategic objectives is very useful.
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Assess project compliance objectives against organizational strategic objectives
When considering external changes, how do we prioritize which ones to address first?
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Evaluate and address external business environment changes for impact on scope
Make sure you have a communication plan in place before the project starts. It can save a lot of trouble…
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Prevent communication issues from occuring and ensure stakeholders are engaged
For those preparing for the PMI-ACP, how relevant is this topic for the exam?
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As the project unfolds, set and manage stakeholder expectations by making increasingly specific levels of commitments in order to ensure common understanding of the expected deliverables.
MMFs have been game changers in my recent projects. Highly recommend focusing on them.
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Plan for small releasable increments by organizing requirements into minimally marketable features/minimally viable products in order to allow for the early recognition and delivery of value.
Using flowcharts to delineate compliance processes has been a game-changer for my projects.
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Use methods to support compliance
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