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	<title>Project Management PMP</title>
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		<title>The Importance of Communication in Project Management</title>
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		<pubDate>Fri, 12 Mar 2010 06:59:46 +0000</pubDate>
		<dc:creator>Project Manager</dc:creator>
				<category><![CDATA[Project Manager]]></category>
		<category><![CDATA[Communication]]></category>
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&#8220;Since I didn&#8217;t hear otherwise, I ASSUMED all was going well&#8221; â The Importance of Communication in Project ManagementSecond on Rick Klemmâs list of things most commonly overheard on a failing software project, this remark is characteristic of Project Managers who are not in frequent and efficient communication with their staff. Communication is key to [...]

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<p>&#8220;Since I didn&#8217;t hear otherwise, I ASSUMED all was going well&#8221; â The Importance of Communication in Project ManagementSecond on Rick Klemmâs list of things most commonly overheard on a failing software project, this remark is characteristic of Project Managers who are not in frequent and efficient communication with their staff. Communication is key to successful Project Management. If project staff do not know what their tasks are, or how to accomplish them, then the entire project will grind to a halt. If you do not know what the project staff are (not) doing then you will be unable to monitor project progress. And if you are uncertain of what the customer expects of you, then the project will not even get off the ground. Maintaining open, regular and accurate channels of communication with all levels of project staff and stakeholders is vital to ensuring the smooth flow of instructions from customer to factory floor and sufficient warning of risks and changes to enable early assessment and preparation.â¢Â Â Â  The Information that You Need to GiveAs Project Manager, it is your job to keep a number of people well-informed. It is essential that your project staff know what is expected of them: what they have to do, when they have to do it, and what budget and time constraints and quality specification they are working towards.It is also your job to keep the Project Board informed of project progress. The Project Board usually includes the Executive (person ultimately responsible for the project), and representatives from the User and the Supplier. It is important that the Project Manager updates the Project Board regularly on the status of the project, so that any changes or risks can be assessed, project progress can be measured against the original Business Case and a project that is not fulfilling its purpose or matching the value of its investment can be called to a halt.â¢Â Â Â  The Information that You Need to ReceiveIn order to keep the relevant people informed, you must have regular and complete access to all information about the project: customer needs, objectives, plan, constraints, changes/risks and progress.PRINCE2TM, the government-standard Project Management methodology, suggests that a system of âmanagement productsâ (documents used to make management more efficient) is set up. For example, a Project Quality Plan relies on information about quality expectations provided by the Customer. The Quality Log is a record of quality checks performed by project staff. Both documents are necessary for effective management of product quality.The PRINCE2TM method also recommends that Project Managers establish regular dates for Checkpoint Reports (detailing the progress of individual teams and team members) and Highlight Reports (documents prepared by the Project Manager, for the Project Board, describing overall project progress).With disciplined adherence to a system of regular and focused communication, you will avoid the misunderstandings and delays that so frequently lead to project failure and ensure that all your project staff and stakeholders are secure in their knowledge of what has to be done, and who is doing it. <br/><br/></p>
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<p>Simon Buehring is a project manager, consultant and trainer. He works for KnowledgeTrain which offers <a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.knowledgetrain.co.uk/project-management-training-course-courses.php">training in project management</a> and <a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.knowledgetrain.co.uk">PRINCE2 training</a>in the UK and overseas. Simon has extensive experience within the IT industry in the UK and Asia. He can be contacted via the KnowledgeTrain <a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.knowledgetrain.co.uk/">PRINCE2 project management training</a> website.</p>
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		<title>RationalPlan Project Management Software 3.15.7 Email Integration With Yahoo, Hotmail, Live</title>
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		<pubDate>Fri, 12 Mar 2010 06:56:51 +0000</pubDate>
		<dc:creator>Project Manager</dc:creator>
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Stand By Soft has released RationalPlan 3.15.7, a powerful project management software application developed to assist project managers in creating plans, tracking progress, allocating resources, managing budgets and analyzing workload. The new version comes with email integration with Yahoo, Hotmail, Live, added quantity column in assignment table, it remembers last used time scale, added predecessors [...]

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			<content:encoded><![CDATA[<p>Stand By Soft has released RationalPlan 3.15.7, a powerful project management software application developed to assist project managers in creating plans, tracking progress, allocating resources, managing budgets and analyzing workload. The new version comes with email integration with Yahoo, Hotmail, Live, added quantity column in assignment table, it remembers last used time scale, added predecessors end date and successors start date columns and many more enhancements. <br/><br/>Important changes of this version: <br/><br/>Starting with this version managers can send emails to resources with their assignments not only through private email servers or GMail server but also through the well known Yahoo, Hotmail and Live platforms. <br/><br/>The assignments table from the task details panel also got richer with a quantity column needed for material resources. <br/><br/>At user requests RationalPlan now remembers the time scale used in each view on the graphical chart. Project managers have different types of projects: some spreading on a smaller time range (days/hours) and other complex projects that span over several years/months. This way based on the usual project type the manager no longer has to zoom in/out each time he starts the application. <br/><br/>By adding the predecessors end date and successors start date columns in the predecessors and successors table respectively, project managers have a better insight over the project schedule. Now they can see easier how a given task can influence its predecessors or successors and indirectly the project plan and can take better decisions related to the duration and work of that task: how many resources to allocate, whether it is necessary to have those resources work overtime or not depending on whetter the critical path is broken or not, etc. <br/><br/>Several other minor improvements where made and bug fixes where fixes: interface related issues, localization issues and others. <br/><br/>RationalPlan suite includes:RationalPlan Single Project &#8211; project management software for single projectsRationalPlan Multi Project &#8211; project management software for multiple projects, projects that are interconnected through dependencies and share common resourceRationalPlan Project Viewer &#8211; free project management software viewer, the perfect solution for anyone (from project stakeholders to team workers) to view projects details <br/><br/>RationalPlan is designed as an affordable alternative to Microsoft Project with some extra-features like multiproject management and it is covering project management area from WBS construction, project planning and scheduling to critical path management, over allocated resources detection, progress tracking, cost estimation, etc. Gantt chart support as well as various time line reports are also provided. It offers the most important capabilities of a good project management software while being able to operate on various platforms starting with Windows, Mac OS X, Linux and all other Java enabled platforms. <br/><br/>RationalPlan Project Management Software is available at http://www.rationalplan.com. It can be download from http://www.rationalplan.com/download.php. <br/><br/></p>
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<p><b>About Stand By Soft</b><br />
Stand By Soft was founded in 1997 as a software company specialized in building desktop applications and components.</p>
<p><b>Address:</b> Aleea Parului, Nr.4A, Craiova, Dolj, 200346, Romania<br />
<b>Email:</b> marketing@rationalplan.com<br />
<b>Phone:</b> +40727159969</p>
<p><b>RationalPlan Project Management Software</b> is available at <a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.rationalplan.com/" title="RationalPlan project management &#10;&#10;software">http://www.rationalplan.com</a>. It can be download from <a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.rationalplan.com/download.php" title="download RationalPlan project management software">http://www.rationalplan.com/download.php</a>.</p>
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		<dc:creator>Project Manager</dc:creator>
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			<content:encoded><![CDATA[<p>                                      RISK  MANAGEMENT  IN PROJECT  &#038; PLANNING <br/><br/>  ABSTRACT <br/><br/>In businesses, risk management entails organized activity to manage, uncertainity and threats and involves people following procedures and using tools in order to ensure conformance with risk-management policies. The Risk Management Plan is dependant upon the identification of the projects risks, their criticality, status, strategy and status.The good news is that managers can make project and planning as one of their strengths. The result will be better risk management, more effective management and greater satisfaction from working with people. <br/><br/>INTRODUCTION <br/><br/>              Risk management is activity directed towards the assessing, mitigating (to an acceptable level) and monitoring of risks In some cases the acceptable risk may be near zero. Risks can come from accidents, natural causes and disasters as well as deliberate attacks from an adversary. The main ISO standards on risk management .In businesses, risk management entails organized activity to manage,uncertainity  and threats and involves people following procedures and using tools in order to ensure conformance with risk-management policies. The strategies include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular. <br/><br/> Project Risk Management <br/><br/>A risk is something that may happen and if it does, will have a positive or negative impact on the project. A few points here. &#8220;That may happen&#8221; implies a probability of less then 100%. If it has a probability of 100% &#8211; in other words it will happen &#8211; it is an issue. An issue is managed differently to a risk and we will handle issue management in a later white paper. A risk must also have a probability something above 0%. It must be a chance to happen or it is not a risk. The second thing to consider from the definition is &#8220;will have a positive or negative impact&#8221;. Most people dive into the negative risks but what if something goes right? <br/><br/> Management Plan <br/><br/>There are four stages to risk management planning. They are: · <br/><br/>Risk Identification <br/><br/>          There are different sorts of risks and we need to decide on a project by project basis what to do about each type. Business risks are ongoing risks that are best handled by the business. An example is that if the project cannot meet end of financial year deadline, the business area may need to retain their existing accounting system for another year. The response is likely to be a contingency plan developed by the business, to use the existing system for another year. Generic risks are risks to all projects. For example the risk that business users might not be available and requirements may be incomplete. Each organisation will develop standard responses to generic risks. <br/><br/>Risk Response <br/><br/>There are four things you can do about a risk. The strategies are: <br/><br/>A risk response plan should include the strategy and action items to address the strategy. The actions should include what needs to be done, who is doing it, and when it should be completed. <br/><br/>Risk Control <br/><br/>The final step is to continually monitor risks to identify any change in the status, or if they turn into an issue. It is best to hold regular risk reviews to identify actions outstanding, risk probability and impact, remove risks that have passed, and identify new risks. <br/><br/>Risk management is not a complex task. If you follow the four steps, you can put together a risk management plan for a project in a short space of time. <br/><br/>Risk Management Plan  <br/><br/> 1. Purpose  <br/><br/>The purpose of the risk management plan is to document the process and methods that the project team will employ to monitor identified risk, identify and evaluate potential trigger events (indicated an imminent risk event), implement and monitor risk containment strategies and assess on an ongoing basis project progress and activities to identify potential risk events not identified during project plan development. <br/><br/>2. Team Roles &#038; Responsibilities  <br/><br/>The project team will review/manage risks in the weekly project status meeting. See the risk log for a listing of identified risk and risk owners. <br/><br/>3. Risk Change Review &#038; Approval Process  <br/><br/>As new risks are identified or existing risks expire, the Risk Management Plan will be updated. Risks will be reviewed on a weekly basis in the project status meeting. The plan will be maintained in the project’s SharePoint site. <br/><br/> What is a Risk Management Plan? <br/><br/>A Risk Management Plan summarizes the proposed risk management approach for the project and is usually included as a section in the business plan. The Risk Management Plan is dependant upon the identification of the projects risks, their criticality, status, strategy and status.  The risk Management Plan describes: <br/><br/>Why would you develop a Risk Management Plan and Risk Management Table? <br/><br/>A Risk Management Plan and Risk Management Table are developed to: <br/><br/> How do you develop a Risk Management Plan? <br/><br/>The following is one way to develop your plan. It consists of a series of steps that become iterative throughout the life of your project. Firstly: <br/><br/>Step 1: Identify the risks <br/><br/>Before risks can be properly managed, they need to be identified. One useful way of doing this is defining categories under which risks might be identified. For example, categories might include Corporate Risks, Business Risks, Project Risks and System Risks. These can be broken down even further into categories such as environmental, economic, human, etc. Another way is to categorize in terms of risks external to the project and those that are internal. For a medium to large project, start by conducting a number of meetings or brainstorming sessions involving (as a minimum) the Project Manager, Project Team members, Steering Committee members, external key stakeholders. It is often advisable to use an outside facilitator for this. Preparation may include an environmental scan, seeking views of key stakeholders etc. One of the most difficult things is ensuring that all major risks are identified. For a small project, the Project Manager may develop the Risk Management Table perhaps with input from the Executive Sponsor/Senior Manager and colleagues, or a small group of key stakeholders.  <br/><br/> Step 2: Analyze and evaluate the Risks <br/><br/>Once you have identified your risks you should analyze them by determining how they might affect the success of your project.Risks can result in four types of consequences: <br/><br/>1.benefits are delayed or reduced; <br/><br/>2.timeframes are extended; <br/><br/>3.outlays are advanced or increased; and/or <br/><br/>4.output quality (fitness for purpose) is reduced. <br/><br/>Risks should be analyzed and evaluated in terms of occurrence of occurring and Severity of impact if they do occur. Firstly, assess the occurrence of the risk occurring and give this a rating of Low (L), Medium (M) or High (H) occurrence. Once you have rated the occurrence, assess the Severity of the impact of the risk if it did occur and rate at Low (L), Medium (M) or High (H) Severity. <br/><br/> RISK MANGEMENT ASSESSMENT IN PROJECT <br/><br/>Risk assessment validates that your project will succeed. Software development experts evaluate and test the software-based technical and business risks as they relate to your business, market, and service plans. The significant risks are identified and detailed in comprehensive Risk Event Descriptions. You are also provided with a quantification of each risk’s impact on cost, revenue, and schedule.CONCLUSION <br/><br/>People and risk are as integral to farming as are weather, prices and technology. Project and planning must have careful attention if managers are to have a full understanding of their sources of risks and their alternatives for handling risk. Managers’ paradigms, understanding of project and planning resource skills determine the success they will have with people. . The good news is that managers can make project and planning as one of their strengths. The result will be better risk management, more effective management and greater satisfaction from working with people. <br/><br/>  <br/><br/>  <br/><br/>  <br/><br/>  <br/><br/>  <br/><br/>  <br/><br/>            <br/><br/></p>
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		<title>The Perfect Project Management System</title>
		<link>http://www.ausbanner.com/the-perfect-project-management-system/</link>
		<comments>http://www.ausbanner.com/the-perfect-project-management-system/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 09:10:54 +0000</pubDate>
		<dc:creator>Project Manager</dc:creator>
				<category><![CDATA[Project Manager]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Perfect]]></category>
		<category><![CDATA[Project]]></category>
		<category><![CDATA[System]]></category>

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		<description><![CDATA[Along with the evolution of technology, project management systems are growing in popularity. The birth of new computer systems opens the doors for innovative ways of making businesses more effective.A proper project management system is essential to businesses that eventually want to grow out of the basement. When you add up all the different business [...]

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]]></description>
			<content:encoded><![CDATA[<p>Along with the evolution of technology, project management systems are growing in popularity. The birth of new computer systems opens the doors for innovative ways of making businesses more effective.A proper project management system is essential to businesses that eventually want to grow out of the basement. When you add up all the different business fronts together, you get a hell of a multi-tasking mess. Also, itâs hard to coordinate things together when the work is divided between multiple people/departments.Many project management systems exist out in the world, but itâs easy to get overwhelmed by all the different options. To focus on the primary needs of the business is important. For your convenience, Iâve compiled the most essential elements of project management systems you should be looking for. <br/><br/>CommunicationIn the case of businesses with a reasonable amount of employees, project management goes hand in hand with team management. Projects are rarely done by individuals; teams are normally assigned to each. Because of this, itâs sometimes hard to keep track of the progress of things, and coordinate tasks effectively. Easy communication between teams and team members is essential to things going smoothly.A good project management system has to keep everybody updated on the status of the project. It should give them the freedom to easily share project-related information, as well as delegate tasks. Teams should also be given importance, and the system should be able to assign them to different tasks/projects. <br/><br/>CentralizationIn order for a business to grow, it needs to improve itself in all aspects. This includes its ability to multi-task. Unfortunately, when it comes to that point, things get exponentially harder to manage.Project management is mostly about multi-tasking. Projects have numerous tasks, and businesses normally have more than one project on the go. The system in charge needs to be able to accommodate all the projects and tasks in one place. Itâs then possible to keep track of everything from one central location, which is essential to time management. <br/><br/>SupportIn a world of high technology, software is all around us. However, if a problem arises, or if something needs to be programmed differently, technical support isnât always easy or cheap to find. This is especially true of small name brands.Itâs important to make sure that the system will be easy to fix if problems start to rise in the future. Itâs a wise habit to check if the purchase in question comes with technical support, at least for the first few weeks. Software is easy to find; reliable technical support isnât. <br/><br/>You now have a better idea of which system to look for when it comes to managing your projects. With all the different choices on the market, it can be hard to decide which project management system is best suited for your needs. Focus on your specific needs, and make sure to pick a system that works for you. <br/><br/></p>
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<p>Michel Carroll, Owner of <a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.2point0revolution.com" target="blank">2.0 Revolution</a>, invites you to try the <a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.2point0revolution.com/turboinhouse/" target="blank">Turbo Inhouse Project Manager</a> for 30 days. I can save you 2 hours of work each day.</p>
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		<title>Get the Best Project Management Training Course For a Successful Future Career</title>
		<link>http://www.ausbanner.com/get-the-best-project-management-training-course-for-a-successful-future-career/</link>
		<comments>http://www.ausbanner.com/get-the-best-project-management-training-course-for-a-successful-future-career/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 09:10:35 +0000</pubDate>
		<dc:creator>Project Manager</dc:creator>
				<category><![CDATA[Project Management Professional]]></category>
		<category><![CDATA[Best]]></category>
		<category><![CDATA[Career]]></category>
		<category><![CDATA[Course]]></category>
		<category><![CDATA[Future]]></category>
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		<description><![CDATA[Everyone wants to have the best jobs in the market for a brighter future, but you need to take the necessary steps to get you there and staying there for good. Project Management Training offers a future with a PMP certification that is too good to pass up and earn your place in today&#8217;s high-end [...]

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			<content:encoded><![CDATA[<p>Everyone wants to have the best jobs in the market for a brighter future, but you need to take the necessary steps to get you there and staying there for good. Project Management Training offers a future with a PMP certification that is too good to pass up and earn your place in today&#8217;s high-end business community.<br />
Future Offered By PMI Exam<br />
Project Management Institute offers PMP certifications to those who are qualified enough to pass their rigorous PMI exam. Nothing is worthwhile is easy to accomplish so you need to get your determination and discipline in gear if you want to pass the PMP exam unscathed.<br />
But before you can hope to survive this momentous hurdle in the success of your future career, you have to be properly equipped with knowledge, attitude and aptitude, stress-coping techniques, as well as full control of your emotional faculties.<br />
Training<br />
It is important for those who plan to take the PMP exam and get their first PMP certification to undergo Project Management Training and exam preparation to boost their chance of success in getting a passing mark. There are plenty of private and public institutions that offer training courses and methodologies to properly equip you for the coming hurdle.<br />
Keep in mind, however, that being a genius or talented doesn&#8217;t mean that you can pass immediately. Hard work, dedication, and determination are necessary skills to acquire during these training sessions to guarantee your future career as a Project Management Professional.<br />
Getting Started<br />
Exam takers don&#8217;t jump directly with the PMP training course, but needs to undergo specific courses to get you through the PMI exam. Self-assessment and tests are necessary if you have the intellectual and emotional quotient necessary to absorb the information taught during lessons, as well as the capability to deal with stress when it comes.<br />
PMP exam takers are provided with a material called Project Management Book of Knowledge (PMBOK) as their bible in passing the course. Everything you need to know about PMP &#8212; scope, theory, application, and more are all detailed in the material.<br />
IT Offers Better Results<br />
Online Project Management Training courses offer PMI exam takers the opportunity to learn under experts and masterminds of PMP. Everything you need to know and learn is all laid out in online courses and classes with direct communication from these experts to mold you for your future career.<br />
It is a good idea to delve into Information Technology (IT) during your Project Management Training to help you cope with the necessary requirements and abilities as a PMP. Since most businesses and high-end companies today are utilizing IT techniques and strategies for a productive venture, it is a plus that you know all about it to consider you more strongly as the right person for the job.<br />
Value Added Savings<br />
We can never deny the fact that taking online PMP exam preparation courses guarantees bigger savings unlike attending classes in schools and institutions. All you need to do is sign-up, pay using your credit card for access to downloadable materials and tools, and you&#8217;re done. No need to buy additional books and pay for miscellaneous expenses just to raise your chances in passing the PMP course. <br/><br/></p>
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<p><a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.threeo.ca/">Project Management Training</a> ensures that you have everything you need to pass the <a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.threeo.ca/pmpcertifications29.php">PMP exam</a>, as well as abilities and knowledge to become an outstanding PMP. <a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.threeo.ca/aboutcertificationc41.php">PMI exam</a> is a breeze when you have ThreeO.ca to back you up.</p>
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		<title>RISK MANAGEMENT IN HR AND ITS ROLES</title>
		<link>http://www.ausbanner.com/risk-management-in-hr-and-its-roles/</link>
		<comments>http://www.ausbanner.com/risk-management-in-hr-and-its-roles/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 09:04:29 +0000</pubDate>
		<dc:creator>Project Manager</dc:creator>
				<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[ROLES]]></category>

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		<description><![CDATA[   RISK MANAGEMENT IN HR AND ITS ROLES   Abstract : This paper aims to provide an introduction to some of the key risk management roles, issues and processes. This paper is not intended to be an all-singing, all dancing description of the risk management industry. Rather, we hope that it provides a summary of [...]

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			<content:encoded><![CDATA[<p>  <br/><br/> RISK MANAGEMENT IN HR AND ITS ROLES <br/><br/>  <br/><br/>Abstract : <br/><br/>This paper aims to provide an introduction to some of the key risk management roles, issues and processes. This paper is not intended to be an all-singing, all dancing description of the risk management industry. Rather, we hope that it provides a summary of the themes and practices that we use in risk management. This may enable actuaries to understand how risk management ideas and processes can addvalue to their organisation and how they can use these concepts in their work. <br/><br/>DEFINITION OF RISK MANAGEMENT:  <br/><br/>&#8220;Risk is the threat that an event or action will adversely affect an organisation&#8217;s ability to maximise stakeholder value and achieve its business objectives and business strategies. Risk arises as much from missed opportunities as it does from possible threats.&#8221; <br/><br/>Basically, risk management is the sum of all proactive management-directed activities within a program that are intended to acceptably accommodate the possibility of failures in elements of the program. &#8220;Acceptably&#8221; is as judged by the customer in the final analysis, but from an organization&#8217;s perspective a failure is anything accomplished in less than a professional manner and /or with a less-than-adequate result. The key words are: <br/><br/>It is possibilities that are being accommodated. It is management&#8217;s job to do the planning that will accommodate the possibilities. The customer is the final judge, but internal goals should be to a higher level than customer expectations. <br/><br/>WHAT IS RISK MANAGEMENT? <br/><br/>Risk Management is the process of protecting an organization from financial harm by identifying, analyzing, financing, and controlling risk at the lowest possible cost. Effective Risk Management is a progression of actions that are taken with the purpose of minimizing losses or injuries within the organization. Ascendant HR believes that your employees are your company’s most valuable resource. <br/><br/>A well-designed insurance and risk management program allows you to use your financial and human resources to pursue your company’s strategic goals. <br/><br/>ROLES OF RISK MANAGEMENT: <br/><br/>There are two types of Roles in Risk Management, They are: <br/><br/>1)      People are a source of risk,e.g., shortage of employees, people doing sloppy work, an employee refusing to take on additional responsibility or a key employee leaving two months after completion of a one-year training program. <br/><br/>2)      People are important in handling risk, e.g., people using their ingenuity to solve unexpected problems, employees going the extra mile for the good of the organization, a key employee redesigning her own job to avoid unnecessary delays in getting work done, or an employee persuading a talented friend to apply for a position in the business. <br/><br/> RISK MANAGEMENT OVERVIEW: <br/><br/>The goal of Risk Management is to identify, assess, and resolve risk items before they become threats to a specific project or to the organization as a whole. Risk Management plans should include short-term and long-term risks to project schedules, costs, and the functionality, adequacy and quality of project deliverables. Risk Management is an integral part of the overall quality assurance effort necessary to minimize the major sources of rework, schedule and cost overruns, and performance and quality degradation. Risk Management consists of the following two broad categories of activities: risk <br/><br/>Assessment and risk control. <br/><br/>  <br/><br/>THE HUMAN RESOURCE MANAGEMENT AND RISK MANAGEMENT INTERFACE: <br/><br/>Like risk, human resources are pervasive in the business. Human resource management <br/><br/>is most effective when integrated with decision making throughout the business. This leads to recognition that each production, financial and marketing decision has a human component or influence. Which choice is made, how the decision is carried out, the follow up and monitoring depend on people. Isolating management team and employee issues from production, financial and marketing management frustrates people and creates unnecessary risk in a business enterprise. <br/><br/>To understand fully how human resource management and risk management are <br/><br/>Interrelated one must understand human resource management. It is the staffing, training, <br/><br/>development, motivation, and maintenance of employees to help accomplish organizational goals. Effective human resource management also helps employees accomplish their career goals. <br/><br/>Human resource management is a process that can be broken down into specific activities: <br/><br/>1)      Job analysis and writing job descriptions <br/><br/>2)      Hiring <br/><br/>3)      Orientation and training <br/><br/>4)      Employer/employee interactions <br/><br/>5)      Performance appraisal, compensation and discipline <br/><br/>1) Job analysis and writing job descriptions : <br/><br/>The first activity is job analysis and writing job descriptions. Job analysis is <br/><br/>determining the duties and skill requirements of a job and the kind of person to fill it. The <br/><br/>emphasis is on what the farm needs rather than on who wants to be promoted or who could be easily hired. The tasks that must be carried out to accomplish the firm’s goals determine duty and skill requirements. Job descriptions summarize for both employees and employers just what a job entails: job title, duties, compensation, and skills, knowledge and abilities to do the job. In family farm businesses, job descriptions for family members often include both management and labor responsibilities. Such a combination of responsibilities makes job analysis and job descriptions more not less important in small businesses. <br/><br/>  <br/><br/>2) Hiring: <br/><br/>Is the next human resource management activity. The objective of hiring is to <br/><br/>staff each job with a person who can succeed in the position. In today’s exceptionally tight labor market, hiring is one of the most difficult human resource activities. The position must be described carefully and creatively to potential applicants. From among the pool of applicants,people must be carefully chosen if they and the employer are to have a successful relationship. <br/><br/>  <br/><br/>3) Orientation and training: <br/><br/>The next activity after hiring is orientation and training. Orientation socializes new <br/><br/>people to the business. It introduces them to the firm’s mission, its history and its culture. It gives them the information essential for getting off to a good start. Training and experience give the employees the knowledge, skills and abilities necessary to succeed in the position. <br/><br/>  <br/><br/>4) Employer/employee interactions: <br/><br/>Day-to-day employer/employee interaction includes leadership, motivation, and <br/><br/>communication that build on hiring, orientation and training. Employer/employee interaction cannot make up for an ill-defined job, having hired the “wrong” person or inadequate orientation and training. <br/><br/>  <br/><br/>5) Performance appraisal, compensation and discipline: <br/><br/>The last three activities are closely related: performance appraisal, compensation and <br/><br/>discipline. Performance appraisal is the continuous assessment, in cooperation with the <br/><br/>employee, of how she or he is doing relative to the standards and expectations laid out in the job description and follow up training. Performance appraisal also includes dentifying with the employee whatever corrective action may be necessary and steps by which the employee can advance his or her career. <br/><br/>Compensation includes the monetary and non monetary rewards received by employees. <br/><br/>The management team and employees carefully choose these rewards. The rewards need to be feasible for the organization while helping satisfy employee needs. <br/><br/>Discipline is giving each employee expectations, rules, policies and procedures and then <br/><br/>working with the employee to get behavior consistent with employer expectations. <br/><br/>Human resource activities lead to four important implications for risk management. <br/><br/>  <br/><br/>1)      These activities are necessary to keep human resources in harmony with           the       riskmanagement tools adopted by the management team. Risk management decisions are carried out by people. Having the “right” people in place, trained, motivated and rewarded are essential to success in risk management. <br/><br/> 2)      Human resource calamities, e.g., divorce, chronic illness, accidental death, can <br/><br/>hamper carefully made and appropriate risk management decisions. Risk management should anticipate the likelihood of human resource calamities. Human resource contingency planning needs to be an integral part of risk management. <br/><br/> 3)      No management team stays together indefinitely. Every farm will eventually have <br/><br/>different managers or be out of business. Management succession is a significant source of risk.Human resource considerations, plus legal and financial considerations, directly affect success in management succession and thus risk management. Management succession requires each of the human resource management activities: job analysis, job descriptions, selection, training, interaction, performance appraisal, compensation and discipline. <br/><br/>  <br/><br/>4)      Human resource performance evaluation should be tied to risk management. <br/><br/>Risk management strategies are carried out through people. Human resource failures can cause the best planned risk management strategies to fail. Risk management depends on explicit duties being specified in managers’ job descriptions, delegation of power and authority to manage risk following indicated guidelines, and responsibility at the action level of risk management. <br/><br/>  <br/><br/>Understanding these activities helps explain the relationship between human resources and risk.Failure to successfully carry out these activities increases risk and penalizes the organization by not taking advantage of what its people could be contributing. <br/><br/>  <br/><br/>MANAGER’S SKILLS : <br/><br/>  <br/><br/>The effective integration of Risk management and human resource management requires <br/><br/>that managers have certain skills. Most important are: <br/><br/>  <br/><br/>1)      Leadership <br/><br/>2)      Communication <br/><br/>3)      Training, Motivation <br/><br/>4)      Conflict Management and Evaluation. <br/><br/>  <br/><br/>1) Leadership: <br/><br/>  <br/><br/>Every human resource manager has leadership responsibility. No group of people comes <br/><br/>close to its potential without effective leadership. Planning, organizing, staffing and controlling can substitute to some extent for leadership. Delegation of authority and responsibility and other tools for empowering employees decrease the need for leadership. Motivation, trust and careful development of procedures and policies are also helpful. Still, each ship needs a captain. Some leadership is necessary. <br/><br/>  <br/><br/>  <br/><br/>2) Communication: <br/><br/>  <br/><br/>Communication is an essential skill for effective human resource management. In <br/><br/>human resource management, clear messages, listening and use of feedback are especially important. Interpersonal relations, interviewing in the hiring process, building rapport in the management team and with employees, orientation and training, performance interviews, conflict resolution and discipline, all require communication. Mediocre communication skills tremendously complicate these activities. <br/><br/>  <br/><br/>3) Training, Motivation : <br/><br/>  <br/><br/>Training is helping people learn. Effective training requires teaching skills, an <br/><br/>understanding of how adults prefer to learn, patience, communication, a systematic approach and evaluation of whether the training has been effective. <br/><br/>  <br/><br/>Motivation of employees challenges every manager. Employee motivation helps the <br/><br/>organization accomplish its goals while also helping workers accomplish their career goals. No motivation recipe guarantees employee motivation. Nevertheless, some managers are more effective than others in developing a work environment in which employees are consistently motivated. These managers use a combination of: understanding and satisfying employee needs, compensating fairly, making it possible for employees to do their jobs with minimum frustration and treating employees equitably. The skill to motivate employees is nebulous yet real. The employers who are best at it have usually worked long and hard to develop the skill. Attributing the ability to motivate people to nothing more than a natural gift understates how hard the best human resource managers work to develop this skill. <br/><br/>  <br/><br/> 4) Conflict Management and Evaluation : <br/><br/>  <br/><br/>Conflict is inevitable in farm teams: among employees, between employees and the management team and among the management team. Managers must learn to deal with conflict rather than avoid it. Avoiding the conflict and its causes simply postpones the pain and agony that come from personnel blowups. Conflict management strategies provide the management team positive steps for addressing the conflict. Effectiveness with the strategies is an essential skill. <br/><br/>  <br/><br/>Most employees have a fervent desire for Evaluation, i.e., information about their performance. Many supervisors find it extremely difficult to share performance evaluations in an honest and helpful manner. Employees dread poorly done evaluations and evaluation interviews. Supervisors lacking evaluation skills combat their frustrations by postponement, inflated evaluations and vague communication. Both supervisors and employees need training in evaluation for it to be useful and pleasant for both parties. <br/><br/>  <br/><br/> CONCLUSION: <br/><br/>  <br/><br/>Managers’ paradigms, understanding of human resource management and human resource skills determine the success they will have with people. Like the rest of risk management, blaming others for management shortcomings neither solves problems nor provides escape from the problems. The good news is that managers can make human resource management one of their Strengths. The result will be better risk management, more effective management and greater satisfaction from working with people. <br/><br/>  <br/><br/>  <br/><br/>Article by: <br/><br/>  <br/><br/>X.Queen Shanthana Mary <br/><br/>M. Phil Scholar, <br/><br/>Department of management studies &#038; research, <br/><br/>Karpagam University, <br/><br/>  <br/><br/></p>
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		<title>e-Builder&#8217;s Project Management Software</title>
		<link>http://www.ausbanner.com/e-builders-project-management-software/</link>
		<comments>http://www.ausbanner.com/e-builders-project-management-software/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 09:04:16 +0000</pubDate>
		<dc:creator>Project Manager</dc:creator>
				<category><![CDATA[Project Management Software]]></category>
		<category><![CDATA[eBuilder's]]></category>
		<category><![CDATA[Management]]></category>
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e-Builder was the first web-based project management software in the AEC industry, and one of the few survivors of the dot.com bust.


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			<content:encoded><![CDATA[<p>					<object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/aogUcjYlTJ0?fs=1"></param><param name="allowFullScreen" value="true"></param>
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e-Builder was the first web-based project management software in the AEC industry, and one of the few survivors of the dot.com bust.</p>


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		<title>Re: Business English Vocabulary Lessons for Project Management</title>
		<link>http://www.ausbanner.com/re-business-english-vocabulary-lessons-for-project-management/</link>
		<comments>http://www.ausbanner.com/re-business-english-vocabulary-lessons-for-project-management/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 09:00:35 +0000</pubDate>
		<dc:creator>Project Manager</dc:creator>
				<category><![CDATA[Project Management]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[English]]></category>
		<category><![CDATA[Lessons]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Project]]></category>
		<category><![CDATA[Vocabulary]]></category>

		<guid isPermaLink="false">http://www.ausbanner.com/re-business-english-vocabulary-lessons-for-project-management/</guid>
		<description><![CDATA[					
					
This is the speaking PRACTICE for VV 07 Project Management. Watch the video and see how many words you can remember. You can also visit www.businessenglishpod.com to download the complete video.


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			<content:encoded><![CDATA[<p>					<object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/T5QMZQm3j34?fs=1"></param><param name="allowFullScreen" value="true"></param>
					<embed src="http://www.youtube.com/v/T5QMZQm3j34?fs=1" type="application/x-shockwave-flash" width="425" height="355" allowfullscreen="true"></embed></object><br />
This is the speaking PRACTICE for VV 07 Project Management. Watch the video and see how many words you can remember. You can also visit www.businessenglishpod.com to download the complete video.</p>


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		</item>
		<item>
		<title>Do i really need project management software?</title>
		<link>http://www.ausbanner.com/do-i-really-need-project-management-software/</link>
		<comments>http://www.ausbanner.com/do-i-really-need-project-management-software/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 07:00:51 +0000</pubDate>
		<dc:creator>Project Manager</dc:creator>
				<category><![CDATA[Project Management Software]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Need]]></category>
		<category><![CDATA[Project]]></category>
		<category><![CDATA[really]]></category>
		<category><![CDATA[Software]]></category>

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		<description><![CDATA[What actually project management means? It means to plan, organize and manage resources to achieve goal and objective of the project. It is a way to successfully apply your knowledge, skills, tools, and techniques to project activities in order to meet the requirements of a project. But does it imply that successful project needs the [...]

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			<content:encoded><![CDATA[<p>What actually project management means? It means to plan, organize and manage resources to achieve goal and objective of the project. It is a way to successfully apply your knowledge, skills, tools, and techniques to project activities in order to meet the requirements of a project. But does it imply that successful project needs the best methodology or manpower? Or does it require something more than that like finishing the project in stipulated time frame, within budget and with excellence as well. But you would definitely need good resources to achieve all this. Here comes in the utility of project management software to overcome many of all these problems. Let&#8217;s validate some information that might be quite helpful. <br/><br/>â¢ Manage easy and quick way: &#8211; At times some management methodologies are very time-consuming being traditional. In dynamic business world, you need agility to stay alive. Quick decision needs to be taken as to avoid time lapse. For all this, you must have the latest, accurate and quick information at your disposal all the time. The Project management software meets this entire requirement. <br/><br/>â¢ Team collaboration and planning: &#8211; Planning is critical aspect of any project. Proper planning should be done before the actual work starts. But there are always last time makeovers before the implementation. To implement your planning successfully, you need team collaboration at every level. Every task should be properly handled and reviewed at each level. Online project management software caters to all these task management and team collaboration. <br/><br/>â¢ Hassle free communications: &#8211; Make sure that project objectives, requirements and deliverables are all communicated and agreed to the team members. Communication should flow hassle free. Project managers, team members, clients and stakeholders should communicate with each other not only at one platform from any particular location in the world but also with an ease. Their comments, decisions, views and ideas should be properly recorded which could be referred to in future also. <br/><br/>â¢ Knowledge sharing: &#8211; This is hard to achieve, but for for long term success, you must encourage your team to do that because information is the most valuable asset for which there is no need for any magic tools. In such situations, Proofhub would be a good start. Any team member can refer the online centralized knowledge bank which is available 24/7 i.e. 24 hours and even 365 days. <br/><br/>â¢ Excellence, Time-line and budget &#8211; It refers to WHY (project business case), WHAT (project description) and HOW (project map) in project management. Every project manager must learn to leverage these in which your experience (good or bad) will be your best instructor. <br/><br/>â¢ Save Time and Money: &#8211; There is no need to be location specific for latest updates or to share any information. You can share all the necessarily data files and documents centrally. It gets automatically backed up. It facilitates you to upload from any remote location while on the move, with the basic requirement of an internet connection only. <br/><br/>I am sure that every project manager and an individual has his own experience, rules, methods and techniques to make his project successful; what rules do you follow? Be successful and keep Proofhub with you. <br/><br/></p>
<div style="margin:5px;padding:5px;border:1px solid #c1c1c1;font-size: 10px;">
<p>John Mathew is a project management software consultant and has provided consultancy to many fortune 1000 companies in the fields of retail, IT, banking, and telecommunication. They have managed distinct projects on proofing tools, <a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.proofhub.com">task management software</a>, IT Project Management,<a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.proofhub.com">collaboration software</a> and many more.</p>
</div>


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