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14 Common Project Risks (+ more)

Rebel’s Guide to PM

Risks matter. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

Risk 349
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Project Gates: The Janus-like Guardians of Product Development

MPUG

They consider the resources needed, potential risks, and strategic alignment for the next phase. This Janus-like approach ensures that projects only advance when they are genuinely ready, minimizing risks and maximizing the chances of success. Quigley, Risk Management, Boca Raton: Auerbach Publications, 2024. [4] Pries and J.

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Beware of the Unintended Consequences of Incentive Plans.

Scrum.org

More examples of poorly aligned incentives that contributed to the boom then bust financial crisis of 2008-2009: Fannie Mae and Freddie Mac using their implicit government backing to take on significant mortgage risk with little capital backing.

Planning 209
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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow Blog

Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?

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The Next Wave of Project Management: Planning Intelligence

LiquidPlanner

The technology provides insights into when a project is at risk and what resources or tasks represent impediments to delivering according to plan. Estimate your work more effectively through best-case, worst-case task estimations. In 2008 LiquidPlanner introduced the magic of predictive scheduling to planners everywhere.

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Scaling Scrum with Nexus and Kanban

Scrum.org

I've been using Kanban as a scaling mechanism on top of Scrum since around 2008 or so and it has been the approach I reach out to most often. Throughput for each team can be used to help create realistic plans without too much time spent on detailed estimations - freeing up time to focus on the integration challenges.

SCRUM 240
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Project Risk Management: 10 Surprisingly Brilliant Tactics to Reduce Risk

Workamajig

Every project has some risk of failure. This guide on project risk management will help you understand and manage risks better. If there is one thing you can be certain about in project management, it's this: Every project carries some risk. In this guide, I'll share X critical tips for acing project risk management.