Resource allocation : Assign the necessary resources to each task based on skills, availability and budgets.
In our example: the forecast budget is €5,000. Internal human resources are mobilized for ten days and service providers are called upon for catering and logistics.
6. Risk management : Identify major risks and plan mitigation measures or plan Bs.
In our example, the identified risks are adverse weather, late delivery, and the rcs data cambodia absence of one of the speakers. We can consider having a Plan B indoors, early delivery, or booking a substitute speaker.
7. Setting up monitoring indicators : define the KPIs that will allow you to monitor the progress of the project, adjust the course if necessary and communicate the results obtained.
In our example: we can choose as KPIs the number of registrants, the satisfaction rate of participants, compliance with the budget and media coverage of the event.
Additionally, with the Monday Work Management project management software, each of these steps can be managed collaboratively thanks to examples, a large library of project management templates accessible with the free version, interactive dashboards, and automations. This saves you time while ensuring rigorous project management.
Identify major risks and plan mitigation measures or plan Bs
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