ProjectManager.com

JANUARY 27, 2023

Controlling risk is one of the most important areas of project management. Project managers need to know how to identify, track and mitigate project risk. Let’s learn what is project risk, some common examples and how can you manage it. What Is Project Risk? Get started for free today.

Risk 437

Risk Risk Management Project Life Cycle Software Review 437

ProjectManager.com

MAY 16, 2024

By using regular and consistent scenario planning, organizations can better allocate resources successfully, mitigate risk and decrease production costs. Sensitivity Analysis This is used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.

Planning 387

Planning Software Review Underperforming Technical Team Risk Management 387

Project Risk Coach

AUGUST 10, 2020

And one of the most important things to communicate is your risks. How do you communicate risks? Communicating Project Risks 1. Analyze Your Risks We cannot communicate the things that we don’t understand. As risks are identified, assign a risk owner. Work with the risk owner to define the risk : Risk.

Risk 418

Risk Risk Management Defining Monitoring 418

ProjectManager.com

AUGUST 13, 2021

How do you meet your deadline while managing all that risk? The answer is construction risk management. It can be mind-bogglingly complex, which is you should make a detailed construction risk management plan. What Is Construction Risk Management? It details what risks might occur and how to resolve them.

Construction 430

Construction Risk Management Risk Underperforming Technical Team 430

ProjectManager.com

DECEMBER 9, 2021

To discover those means, you can use an alternative analysis. An alternative analysis is how project managers choose how they’re going to approach a project. An analysis of alternatives is required, and today’s blog will guide you through the tools and methods you should use to get the data you need.

Risk Management 367

Risk Management Defining Risk Initiating 367

ProjectManager.com

SEPTEMBER 14, 2021

What is a Risk Register? A risk register is a tool in risk management and project management. It is used to identify potential risks in a project or an organization, sometimes to fulfill regulatory compliance but mostly to stay on top of potential issues that can derail intended outcomes.

Risk 416

Risk Software Review Technical Review Risk Management 416

Project Risk Coach

JANUARY 11, 2021

Ask 10 different risk management experts to define emerging risks, and you will likely receive different points of view. In this article, let's define emerging risks, discuss ways to identify them, and look at different ways to manage these risks. What are Emerging Risks? Click to Tweet.

Risk Management 423

Risk Management Risk Governance Government 423

ProjectManager.com

JUNE 26, 2024

To quickly adjust to change and lessen its negative effects requires understanding what change impact assessment is and then knowing how to conduct a change impact analysis. Download Excel File How to Conduct a Change Impact Analysis A change impact assessment matrix is used in the change impact analysis.

Risk Management 327

Risk Management Estimate Risk Monitoring 327

Rebel’s Guide to PM

AUGUST 12, 2024

Risk management is a staple skill of project managers. As the project environments we work in get more and more complex, with greater levels of uncertainty and more transformative, disruptive projects, being able to deal with risk remains top of the list of desirable skills for managers in all areas of business.

Risk Management 331

Risk Management Risk Underperforming Technical Team Governance 331

Project Risk Coach

NOVEMBER 1, 2021

In this article, let’s see how the PMBOK® Guide, Seventh and Sixth Editions differ, explore the Risk Principle in the Seventh Edition, and look at how risk management methods relate to principles. 3 The Risk Management Principle 4 What is a Method? Here are some takeaways from this risk management principle.

Risk Management 394

Risk Management Risk PMI PMO 394

ProjectManager.com

FEBRUARY 3, 2022

Risks will arise and threaten the successful delivery of your project. Using a risk breakdown structure (RBS) is how you prepare for the unexpected. A risk breakdown structure is great for identifying and prioritizing risks so you know which will be more or less impactful. The Four Categories of Risk in a Project.

Risk 407

Risk Underperforming Technical Team Risk Management Technical Review 407

Rebel’s Guide to PM

JANUARY 23, 2023

Are you looking for a way to better manage the risks associated with your projects? Risk audits are an effective tool that can help project managers and program managers identify potential issues before they become problems. Frequent use of risk management best practice is one of the top drivers of project success , according to PMI.

Risk 408

Risk PMO Risk Management Governance 408

ProjectManager.com

AUGUST 22, 2023

What Is Risk Culture? Risk culture is simply an organization’s employee’s awareness, attitudes and behaviors towards risk and how they’ll manage it. An organization that has a risk culture simply means they’re prepared for identifying, managing and mitigating risks as issues arise in their work.

Risk 370

Risk Risk Management Defining Executing 370

ProjectManager.com

JANUARY 24, 2023

Although it’s impossible to predict the future, with these free risk management templates, you can better prepare for the unexpected and be more apt to keep your project on track. There are many project management templates that are designed to help you identify, respond to and track those risks. Learn more 3.

Risk Management 324

Risk Management Risk Software Review Monitoring 324

ProjectManager.com

OCTOBER 7, 2021

Risk is always present in construction projects. By definition, construction risk feels unpredictable and damaging, but you can identify and manage them. You may feel you can control risk in your organization and construction management team—but what happens when you’re working with independent contractors?

Risk Management 333

Risk Management Risk Construction Monitoring 333

Rebel’s Guide to PM

FEBRUARY 28, 2022

Risk management is a great example. Here’s how project managers can help their teams manage risk effectively, so that everyone benefits from effective risk management. Here’s how project managers can help their teams manage risk effectively, so that everyone benefits from effective risk management.

Risk Management 284

Risk Management Risk Technical Review 2015 284

Project Risk Coach

MARCH 28, 2023

As the project management landscape becomes increasingly complex, effectively identifying, assessing, and managing risks has become critical for project managers. The PMI-RMP certification covers various domains, each with its set of tasks and enablers that project managers can leverage to manage risks effectively. Domains (e.g.,

PMI 221

PMI Risk Management Risk Underperforming Technical Team 221

ProjectManager.com

NOVEMBER 14, 2024

The days of technical, scope, scheduling, budgeting, assigning resources and delivering deliverables on time have evolved to include soft skills such as conflict resolution, leadership, and even trends towards more business management skills such as business modeling and strategic analysis.

Underperforming Technical Team 397

Underperforming Technical Team Technical Review Artificial Inteligence Logistics 397

Project Risk Coach

FEBRUARY 7, 2022

Clarify the PMO's Goals and Roles Whether you are planning for a PMO implementation or it's been in existence for several years, you may wish to facilitate a SWOT analysis with your key stakeholders. Based on the SWOT analysis, define clear, results-oriented goals. Additionally, define the roles of the PMO.

PMO 457

PMO Underperforming Technical Team Risk Management Risk 457

Planio

AUGUST 5, 2024

Analysis paralysis restricts our ability to make effective decisions, rendering us stuck in the mud as overthinking and complexity take over. Left unchecked, analysis paralysis limits our progress, creates risk, and delays the achievement of critical objectives. Jump to a section: What is analysis paralysis?

Risk Management 154

Risk Management Lean Risk 2019 154

ProjectManager.com

NOVEMBER 27, 2019

This is anything from a sentence to a bulleted list that is comprehensive to reduce major project risks. Then comes the need to control those cost through an earned value analysis. Project Risk Management. Risk management plans will identify how the risks will be itemized, categorized and prioritized.

Risk Management 515

Risk Management Monitoring Estimate Controlling 515

ProjectManager.com

JULY 17, 2024

This then acts as a central repository for stakeholder information, which the project manager and project team use to understand the project stakeholders and their needs, expectations and any risks or opportunities associated with their involvement in the project. Project management software can take a stakeholder register to the next level.

CTO Hire 436

CTO Hire Software Review Influencer Underperforming Technical Team 436

Rebel’s Guide to PM

SEPTEMBER 8, 2021

The four types of project management methods are: Data gathering and analysis methods Estimating methods Meetings and events Other (because it’s always worth having a bucket category for anything else, right?). Data gathering and analysis methods. Data gathering and analysis methods give you a richer understanding of a situation.

Underperforming Technical Team 450

Underperforming Technical Team Estimate Software Review Risk Management 450

Rebel’s Guide to PM

MAY 9, 2022

EMV is a risk analysis tool that helps establish the contingency reserves for your project activities. It’s a statistical technical for quantifying risk. You would use it to: Establish which new product option or solution is best Establish the contingency reserve required to offset project risk. What is EMV?

Software Review 410

Software Review Technical Review Risk Management Risk 410

Rebel’s Guide to PM

SEPTEMBER 14, 2020

Scope creep can be prevented by making sure changes are not introduced into the project without the appropriate analysis and control. If they have any supporting materials (like quotes or estimates for the work that needs to be done) that might help the analysis, ask for those too. How to avoid scope creep. How do you do that?

Underperforming Technical Team 464

Underperforming Technical Team 2009 Controlling Risk Management 464

Project Risk Coach

OCTOBER 23, 2021

3 Is an Opportunity a Risk, Really? Project managers may use qualitative and quantitative risk analysis to evaluate opportunities. Consequently, these project managers and team members fail to take advantage of these upside risks. Therefore, negative risks are considered to be threats and positive risks are opportunities.

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

ProjectManager.com

OCTOBER 14, 2024

Some methodologies include balanced scorecard (BSC) , Six Sigma, total quality management (TQM), Kaizen, agile, business process reengineering (BPR), root cause analysis (RCA), value stream mapping (VSM), value chain analysis, and theory of constraints (TOC), to name a few. Apply impact and risk analysis.

Process 413

Process Technical Review Software Review Manufacturing 413

Rebel’s Guide to PM

NOVEMBER 16, 2023

For project professionals, we recommend exploring AI tools by first understanding what project tasks and deliverables can be automated easily and without risk. You can also assess the projects you are working on to determine where you can begin implementing AI in risk-free ways.

ChatGPT 478

ChatGPT Generative AI Artificial Inteligence PMI 478

Kiron Bondale

FEBRUARY 27, 2022

While presenting the project risk management knowledge area from the PMBOK framework, when I indicated that while in our daily conversations risks are usually threats there can be positive risks as well, I was met with some disbelief and skepticism. A positive risk is not something recognized outside of the PM space.

Risk 334

Risk Risk Management PMI Construction 334

ProjectManager.com

AUGUST 6, 2024

Workload Analysis Template Workload analysis is used when managing a workforce. Its goal is to evenly distribute the workload across all team members to keep them working at capacity without risking burnout and eroding morale. Critical Path Template Critical path analysis is used when planning and scheduling projects.

Software Review 396

Software Review Technical Review Estimate Monitoring 396

Rebel’s Guide to PM

MARCH 11, 2021

It’s about saying there might be a risk, so let’s examine whether there is a risk.”. They don’t just want to know where their risks lie but how they can fix them.”. You apply AI to project management: feed the data in and do the analysis.”. How is AI different to relying on project managers? “If

Artificial Inteligence 513

Artificial Inteligence 2030 Technical Review Underperforming Technical Team 513

Scrum.org

APRIL 10, 2023

Pre-requisite For Stakeholder Engagement Stakeholder Exploration techniques In this article, we will discuss, Part 2 of Stakeholder Engagement i.e. Stakeholder Analysis and Mapping. Stakeholder Analysis The definition we discussed in the previous article. Pro Tips for Stakeholder Analysis: Don’t do it alone.

Influencer 214

Influencer Governance Government Consulting 214

ProjectManager.com

SEPTEMBER 4, 2024

SWOT Analysis Template You can’t set goals blindly. That’s where a free SWOT analysis template for Word comes in. Gap Analysis Template A gap analysis is a tool to gather information that will help build an action plan. There is also a risk management overview and recommendations for going forward.

Underperforming Technical Team 349

Underperforming Technical Team Software Review Construction Executing 349

ProjectManager.com

AUGUST 23, 2024

Risk: Risks can be positive, as in opportunities, or negative, as in threats, which can occur anytime throughout the project’s life cycle. Conduct a Gap Analysis Gap analysis is the method of assessing how a plan differed from the actual application, and is always a powerful tool to see what benchmarks you met, and which you didn’t.

Software Review 399

Software Review Underperforming Technical Team Closing Project Life Cycle 399

ProjectManager.com

OCTOBER 2, 2024

After our critical analysis of GanttProject, we’ll compare it to competitive Gantt chart software on the market. It also has more advanced features, such as supporting critical path analysis, resource leveling and baseline comparison. This makes it ideal for project managers working on complex projects.

Software Review 392

Software Review Software Risk Management Monitoring 392

ProjectManager.com

NOVEMBER 12, 2024

It also includes resource allocations, budgeting, risk management and more. Risk Tracking Template The free risk tracking or risk register template is essential for identifying and mitigating risks that can impact the project’s success. This allows risks to be prioritized. The issue must be resolved.

Software Development 348

Software Development Software Developers Software Risk Management 348

ProjectManager.com

NOVEMBER 11, 2019

Risk Reports. Many PMs report on risks at least monthly, and the report is normally the output that comes after a risk review meeting. Of course, you can update your risk log at any time, and you should be encouraging all your project team members to contribute risks to the log whenever they feel something needs recording.

2019 402

2019 Risk Management Software Review Risk 402