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Risk is defined by the PMI as an "uncertain event or circumstance, and if it occurs, there is a positive or negative impact on the project objectives." These events include unforeseen circumstances, situations, and threats that affect the project's progress in the desired manner. If you go back to ...
Risk is the potential of gaining or losing something of value. Values can be gained or lost when taking risks resulting from a given action or inaction, foreseen or unforeseen. Risk combines both the uncertainty of outcomes and the utility or benefit of outcomes. So it is very essential to have a r...
Rapid changes in the business environment and competitive market conditions have required business organizations to sustain their competitiveness through employee development and training. Therefore, they start looking for training providers who can help them improve their employees' skills and tech...
An international crisis, global pandemic or even adopting new technology all these occurrences may wreck the organizational structure a bit. That’s why it is important to improve decision-making and problem-solving skills in case we find ourselves before such challenging matters. ...
As an entrepreneur, it may take you years to find your own path for both your work and personal life, and you’ll still continue learning as long as you live. The most important lesson you may learn about entrepreneurship is to get the world’s news. Knowledge is power, and staying connect...
The Era we are living in is rapidly evolving in all fields as a result of the development of technical means and products, which allow all the people around the world to communicate without borders, this evolution reflects every aspect of our life, especially the learning sector, now anyone in any f...
What is Brainstorming? Brainstorming is a technique used to generate creative ideas and solutions to problems. It involves a group of people coming together to discuss and share their ideas in a non-judgmental and open-minded environment. During a brainstorming session, participants are encouraged...
The Portfolio, Program and Project Management Maturity Model (P3M3), is a model created by Axelos which provides a framework that organizations can use to benchmark their current practice against best practices and competitors and plan for improvement when managing and delivering change. There are t...
Companies often worry whether their senior executives’ remuneration packages are in line with those offered by other companies of similar size and industry. A small number of employers have access to this information, and gaining it can be challenging. To attract senior executives’ the ...
What are vision and mission? Vision and mission are things that every organization should have. The concept of vision and mission describes and defines the main work scope of the organization. The vision statement and mission statement are often confused, and many companies use the terms interchang...