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How to Mitigate the Future Risks
Part I: How to Mitigate the Future Risks of a Project Introduction The strategy of risk mitigation, reducing the severity or extent of the probability of risk impact, follows risk identification and risk response strategies, which focus on avoiding the risk, transferring it to a third party...
Subprime Loans
Subprime Loans: The Under-the-Radar Loans That Felled a Market Abu Mohammed Fofana, Ph.D.School of Business & Technology Management, Northcentral University. San Diego, California. The subprime mortgage predatory loaning practices contributed in significant ways to the 2008 recession, the...
the Price of Unethical Behavior
Evaluate the Price of Unethical Behavior Abu Mohammed Fofana, Ph.D.School of Business & Technology Management, Northcentral University. San Diego, California. Introduction The wave of unethical business practices seems to top the list of concerns among business stakeholders and communities...
How a thorough Project Plan Assists
How a thorough Project Plan Assists an Efficient Project Execution Part I Introduction One of the most efficient functions of a project execution plan is to guide the project management personnel in monitoring and control of the project. In the execution of that function, project managers must...
Risk Mitigation Plan
Part I: How to Mitigate the Future Risks of a ProjectIntroductionThe strategy of risk mitigation, reducing the severity or extent of the probability of risk impact, follows risk identification and risk response strategies, which focus on avoiding the risk, transferring it to a third party through...
How to closeout procurement plan
How to the closeout procurement planTo cover the various dimensions and components that a practical contract closeout management plan entails altogether, we have decided to divide into three parts. The first part outlines define and describe contract termination. The second part presents a...
Project Scope Management Process
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2020 PMO Global Awards
I am more than excited, honored, and humbled to be chosen to serve, for the second time in a row, as a member of the 2020 PMO Global Award Judging Committee, representing the United States. The evaluation stage will start in May and end in August.The 2020 PMO Award Program in BriefThe battle is on...
the 2019 PMO Global Awards
Joining the 2019 PMO Global Awards Judging CommitteePMO Global Alliance, (www.pmoga.com) has started the 2019 project management office (PMO) Global Awards program. PMO Global Alliance and Wellingtone will host and sponsor the award ceremonies, respectively.I am glad and honored that PMO Global...
SUSTAINABILITY
Introduction These days, discourse on sustainability is catching a lot of attention among project managers, students, and universities, entrepreneurs, and news media outlets. People have different ways of expressing it, but no group of people had eloquently spoken about it better than the panelist...
Project Control
Project Control Process EvaluationThe project management markets, across industries and frontiers, demand that project managers complete a project’s deliverables in a brief period, on a budget, with high quality, and at competitive prices. The legacy approach, which focuses on project scope, cost,...
Effects of Learning Curve
The Effects of Learning Curves on Your Project Learning Curve Model (LCM) is a useful tool for lowering costs across industries. Its central idea is that cost can be reduced at a constant rate as experienced workers keep doing the same job repeatedly. There are two significant types of a learning...
Development of A Code of Ethics
Development of A Code of Ethics: Information Technology (IT) Challenges Abu Mohammed Fofana, Ph.D. School of Business & Technology Management, Northcentral University. San Diego, California. Defined as a set of moral guidance that controls the use of computers, codes of computer ethics tackle...
Northcentral University 2019 Graduation
Northcentral University 2019 Graduation Events Surprised Many My first surprise was how to wear pieces of the doctoral regalia. I was shocked to realize how little I knew about graduation regalia, its significance, or the order that graduates wear the gown, cap or velvet tam, the tassel, and the...
Project Management Theory 2.0
New Project Management Theory 2.0, aka PMT 2.0, has been published Dr. Abu Fofana has investigated the causes of project, program, and information technology management success and failure and found solutions that amplify the chance of delivering programs and projects, maximizing the return of...
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