Mustafa Hafızoglu
- Risk Management
Friend or foe: Identifying the impact of different risks on your projects
When you are in a war, it is very dangerous that is very it is very important to be sure whether the approaching fighter aircraft or tank is your ally or enemy. This uncertainty led the defense industry to develop…
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Managing risks in the emerging industry 4.0
PMI Turkey Chapter just held an amazing 2-day project management summit with the theme “Project Management in Industry 4.0” in Istanbul on September 2018. What will the future trends for managing risks in projects be? What should we expect when…
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How executive management support protects your project against uncertainty
I went camping with my friend who is an aeronautical engineer and who is also very interested in astronomy. Out of the city, very far away from the city lights, we started traveling in the sky with his advanced telescope.…
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Time to redefine project success
What’s success? Specifically, how do you define project success? A very simple question to answer as most of the Project Managers will tell us triple constraints, namely, time, cost, and scope, as being the success criteria. On the other hand,…
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Using risk-based thinking to reduce deviation from planned results
Risk management is one of the key knowledge areas that supports project managers for project success. The proactive nature of this project management helps project managers think and apply preventive measures that not only save on the cost of change…
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Managing uncertainty vs. the cost of change?
In my lectures when it comes to the topic of managing risks, I start with a figure just to illustrate the importance of managing risks. This figure shows that the chances of risks occurring decreases as the project comes to…
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How to be flexible when faced with project uncertainty
Every successful project manager knows that managing risks is indispensable for project success. Being proactive especially at the beginning of the project where uncertainty is at the highest level helps project managers identify the risks as well as to assess…
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Data and flexibility: Keys to managing uncertainty
Uncertainty is inevitable. There are two main ways to tackle uncertainty: You can either decrease the level of uncertainty or increase flexibility. My way of dealing with uncertainty is to apply both and find the optimum level. The efforts to…
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Creating learning organizations by using program management
Creating learning organizations by using program management. “Projects are one-time efforts in the organizations. As they are finished, all the resources including the people are adjourned. Then what happens to the knowledge gained by these people. What remains to the…
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What are the real enablers behind projects and programs?
In the project management challenge 2007 video below, Scott Horowitz, a former astronaut and NASA associate administrator for the exploration systems mission once said; “People ask me, having flown on the shuttle four times, what makes the shuttle go up?”…
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