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The Power of Managing By Exception to Control Project Variations

The Power of Managing By Exception to Control Project Variations

From5 Minutes Podcast with Ricardo Vargas


The Power of Managing By Exception to Control Project Variations

From5 Minutes Podcast with Ricardo Vargas

ratings:
Length:
4 minutes
Released:
Apr 9, 2024
Format:
Podcast episode

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
Released:
Apr 9, 2024
Format:
Podcast episode

Titles in the series (100)

5 Minutes Podcast is a Ricardo Vargas creation that intends to present and debate the main news and themes in the project management field, in a practical and easy way.