The Power of Managing By Exception to Control Project Variations -

The Power of Managing By Exception to Control Project Variations

Listen now

Description

In this episode, Ricardo talks about "management by exception" in PRINCE2 methodology, which encourages communication and action only in exceptional cases, saving time on routine updates. As an example, meetings are only called when there is a significant delay, a cost overrun, or a risk that is about to happen. Teams can focus on project work when communication is streamlined. Ricardo accentuates project success over meticulous management processes. "Management by exception" can be used with both Agile and waterfall methods, which makes project discussion more efficient. Ricardo suggests using it when making project communication strategies, highlighting the benefits of time savings and increased focus for the team. Listen to the podcast to know more. *PRINCE2® = PRojects in Controlled Environments

More Episodes

See all »

Navigating the Fog: Is This a Project Crisis or Just a Challenge?

In this episode, Ricardo talks about the challenges and crises in project management. He emphasizes that projects naturally encounter difficulties, such as delays, stakeholder issues, and risks, which are manageable. A crisis occurs when these challenges exceed the ability to deal with them,...

Published 04/28/24

5 Minutes Podcast with Ricardo Vargas

Published 04/28/24

Making Sense of the Stanford University AI Index Report 2024

In this episode, Ricardo talks about findings from the "Stanford University AI Index Report," which emphasizes the advantages that industry has over academia in AI research, the efficacy of AI in specific activities, and the high expense of creating sophisticated models. Although regulation is...

Published 04/22/24