Generally, the delivery head  / practice head determine and allocate the project cost for each project. The project costs are arrived at based on the initial estimate prepared. The project costs shall be used as reference for the project tracking done monthly. For maintenance projects based on the nature, the costing method needs to be modified accordingly
However, […]

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Risk management is an essential activity of project management. It is important to classify risks into appropriate categories. Risks can be classified into following 13 categories:
1. Operational Risk: Risks of loss due to improper process implementation, failed system or some external events risks. Examples can be Failure to address priority conflicts, Insufficient resources or No proper subject training […]

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