Project Risk Coach

OCTOBER 3, 2022

Projects have risk thresholds that we may cross. In this article, we will explore what a risk threshold is, why it matters, and look at some examples. What is Risk? So, a risk may cause a positive effect. So, a risk may cause a positive effect. We call these risks opportunities.

Risk Management 221

Risk Management Risk Defining Budget 221

Rebel’s Guide to PM

FEBRUARY 28, 2022

A project manager’s job isn’t just about managing the work. Part of a resource management plan is to build the skills of your team. However, you should also consider how good they are at doing the work of projects – project management. Risk management is a great example. Identify project risks.

Risk Management 284

Risk Management Risk Technical Review 2015 284

Project Risk Coach

OCTOBER 11, 2021

In this article, let's discuss why risk management standards exist and which Project Management Institute (PMI) standard you should study in preparation for the Project Risk Management Professional (PMI-RMP) exam ( until the updated PMI-RMP® exam comes into play April 2022 ).

Risk Management 221

Risk Management 2009 Risk PMI 221

Project Risk Coach

JUNE 20, 2022

The Project Management Institute (PMI) released the PMBOK® Guide, Seventh Edition in July 2021. In this article, let's look at each principle and why each one matters with respect to managing risks. Optimize Risk Responses 11. For example, one of the PMBOK® principles is to optimize risk responses.

Risk Management 195

Risk Management Risk Technical Review Underperforming Technical Team 195

Project Risk Coach

MAY 21, 2023

Project management standards matter because they provide consistency and predictability. In this article, we will explore five benefits of studying PMI's Standard for Risk Management in Portfolios, Programs, and Projects. They help us avoid confusion, mistakes, and chaos.

Risk Management 221

Risk Management Risk PMI Certification 221

Project Risk Coach

APRIL 22, 2019

This is a guest article by Dana Brownlee from professionalismmatters.com. While project managers and others often find themselves in opposition to the boss’ ideas, recommendations, or preferred course of action, telling the boss they have an “ugly baby” is a different story.

Risk Management 333

Risk Management Risk Planning 333

Scrum.org

MARCH 26, 2024

Optimizing Risk Responses in professional project management resonates profoundly with the empirical foundation of Scrum. Scrum's framework inherently addresses risk by embracing uncertainty and change, making it an ideal approach for managing both opportunities and threats in complex environments.

Risk Management 190

Risk Management Risk SCRUM Initiating 190

Inloox

NOVEMBER 16, 2021

New blog series on risk management in projects In the coming weeks, we will focus on a very relevant topic in project management: Risk management. This area of project management is very important, as projects are confronted with permanent changes and thus constantly with new risks.

Risk Management 204

Risk Management Risk Planning 204

Inloox

NOVEMBER 16, 2021

Introduction: The risk catalog The risk catalog - also called risk inventory - can serve as a basis for a risk analysis or the FMEA method. A risk catalog represents a structured compilation of potential project risk events. Nevertheless, the benefits of the risk catalog are also limited.

Risk Management 185

Risk Management Risk Defining Initiating 185

Project Risk Coach

OCTOBER 9, 2022

In this article, let's discuss why risk management standards exist and which Project Management Institute (PMI) standard you should study in preparation for the PMI Risk Management Professional (PMI-RMP®) exam. Which PMI Risk Standard Should You Study? The exam pilot occurred in December, 2021.

Risk Management 195

Risk Management Risk 2009 PMI 195

The IIL Blog

FEBRUARY 28, 2024

By Jorgelina Bross-Puglisi February 28, 2024 Project Managers Have One Key Goal: Project Success By integrating risk management into project management processes, project managers can anticipate and respond to potential challenges, increasing the likelihood of project success. So why not ask AI to give us a hand?

Risk Management 162

Risk Management Risk Controlling Artificial Inteligence 162

The IIL Blog

SEPTEMBER 13, 2023

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Our risks were identified, but a response strategy was never created.

Risk Management 88

Risk Management Risk Cadence 2016 88

Rebel’s Guide to PM

OCTOBER 14, 2019

A project manager’s job isn’t just about managing the work. Part of a resource management plan is to build the skills of your team. However, you should also consider how good they are at doing the work of projects – project management. Risk management is a great example. Identify project risks.

Risk Management 251

Risk Management Risk Technical Review 2015 251

PM Times

NOVEMBER 15, 2023

If your answer is “yes” to the above questions, it’s high time to develop strategies to mitigate these resource-related risks. If not managed […] The post 6 Effective Ways to Mitigate Resource Risks in Project Management appeared first on Project Management Articles, Webinars, Templates and Jobs.

Risk Management 113

Risk Management Risk Change Management 113

Velociteach

SEPTEMBER 11, 2023

We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Thoughtlessly making assumptions or ignoring risks can lead to critical problems.

Risk Management 77

Risk Management Risk Cadence 2023 77

LiquidPlanner

MAY 24, 2022

If project management were an off-road 4×4 expedition, where teams had to plot a course through the unknown, cost and schedule contingency would be akin to the number of spare fuel cans you can carry successfully to complete the trip. Risk is not solved with a calculation. Are there unexpected risks now emerging?

Risk Management 158

Risk Management Risk 2003 2007 158

PM Times

JUNE 13, 2023

” ~ Pema Chodron Spiritual or not, this is the path of the project manager. It is about accepting and […] The post Managing Uncertainty with Risk Management and Communication appeared first on Project Management Articles, Webinars, Templates and Jobs.

Risk Management 98

Risk Management Risk Leadership 98

LiquidPlanner

FEBRUARY 14, 2022

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations.

Risk Management 167

Risk Management Risk 2012 Prince2 167

Epicflow Blog

OCTOBER 4, 2024

Neglecting these risks can lead to project delays, budget overruns, and even project failure, which will negatively impact a manufacturer’s reputation. Therefore, a proactive approach to effective risk management is critical. Let’s take a look at the most essential ones.

Manufacturing 59

Manufacturing Risk Management Risk Underperforming Technical Team 59

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? Why is ERM important?

Risk Management 268

Risk Management Risk PMI Technical Review 268

MPUG

APRIL 26, 2021

Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. Some were taken, but most ignored or overlooked because of other projects and lack of understanding of risk management at an organizational level.

Government 122

Government Governance Risk Management Risk 122

PM Times

JANUARY 9, 2024

When asked how typical risk management exercises are conducted, most project managers reply that this involves conversations and documentation around risk events and their respective probabilities and impacts.

Risk Management 108

Risk Management Risk Leadership 108

MPUG

SEPTEMBER 4, 2023

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Do agile projects have risks associated with them? And do we want to let those risks run wild without any effort to contain them? Let’s expand that simple answer. Of course not.

Risk Management 98

Risk Management Risk Agile Technical Review 98

nTask

FEBRUARY 19, 2024

Navigating the complexities of IT project management requires a precision approach, much like an engineer designing a skyscraper in an earthquake zone. Every element, from the foundation to the pinnacle, must be meticulously planned with risk management at the forefront to ensure stability amidst the tremors of unexpected challenges.

Risk Management 78

Risk Management Risk Engineering Planning 78

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? Why is ERM important?

Risk Management 240

Risk Management Risk PMI Technical Review 240

PM Basics

SEPTEMBER 8, 2022

I’ve been managing software development projects for more than 11 years. Risk management is arguably the most crucial piece in my project management approach. Therefore, I spent lots of time and effort creating a practical risk management process. You’ll get the whole risk management process below.

Risk Management 104

Risk Management Risk Process Underperforming Technical Team 104

Productivity Land

JULY 17, 2023

However, navigating uncertainties requires effective risk management. In this article, we will delve into the world of agile risk management, exploring strategies to identify, assess, and mitigate risks in projects. By recognizing and categorizing these risks, project teams can proactively address them.

Risk Management 87

Risk Management Risk Technical Review Agile 87

Proofhub

JUNE 20, 2023

Small Business Risk Management If you’re thinking of starting a new business, learning how to start a t-shirt business or a marketing business is not going to be enough. Internal risk factors are those that are under a company’s control, while external risk variables are those that are beyond its control.

Risk Management 78

Risk Management Risk Software Review Government 78

Project Risk Coach

OCTOBER 30, 2017

One reason a project manager may have a bad reputation is bloated project plans. While I’m a fan of planning, let’s use some common sense and right-size our risk management plans. A risk management plan for the Mercedes-Benz Stadium will be much larger than a plan for a Southern Living Idea House. Risk categories.

Risk Management 199

Risk Management Risk Planning Underperforming Technical Team 199

Rebel’s Guide to PM

MAY 9, 2018

This is a guest article by Dr Mike Clayton , the brains behind Online PM Courses.com. It’s an edited extract from his book Risk Happens ! Group Think Introduces Risk. Therefore, with dissent discouraged, groups tend to endorse higher risk decisions than individuals would. Dr Mike Clayton.

Risk Management 258

Risk Management Risk Underperforming Technical Team 2018 258

NimbleWork

SEPTEMBER 23, 2024

Risk management is a cornerstone of successful project management, yet it’s often treated as an afterthought rather than a strategic imperative. Effective risk mitigation goes beyond simply reacting to problems as they arise; it involves anticipating potential issues and developing strategies to address them proactively.

Risk Management 64

Risk Management Risk Technical Review Underperforming Technical Team 64

Project Risk Coach

OCTOBER 30, 2017

One reason a project manager may have a bad reputation is bloated project plans. While I’m a fan of planning, let’s use some common sense and right-size our risk management plans. A risk management plan for the Mercedes-Benz Stadium will be much larger than a plan for a Southern Living Idea House. Risk categories.

Risk Management 191

Risk Management Risk Planning Underperforming Technical Team 191

Rebel’s Guide to PM

OCTOBER 24, 2024

As a project manager, we’re constantly tracking actions, risks, issues, and more – these are the bread-and-butter activities for project managers to keep the project on track. Especially as there are lots of good articles and videos about it online already. But have you ever learned how to use a RAID log properly?

Software Review 308

Software Review Certification 2024 PMO 308

MPUG

JUNE 22, 2021

A recent survey of Microsoft Project User Group (MPUG) members found that one top concern for project managers using MS Project was how to manage issues and risks within the Project ecosystem. This is valid because topics like risk management can be contentious, and having multiple sources of the ‘truth’ does not help.

Risk Management 105

Risk Management Risk Estimate Defining 105

PM Times

NOVEMBER 8, 2022

Published on September 24, 2019 Every project is attached with a risk of failure. A risk can be a threat with a negative impact on the project principles or it can either be an […]. Hence, it should be your top responsibility to identify and plan ahead in order to avoid these points of failure.

Risk Management 104

Risk Management Risk 2019 Planning 104

Epicflow Blog

JUNE 10, 2022

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?

Aerospace 98

Aerospace Risk Management Engineering Risk 98

MPUG

MAY 17, 2021

Imagine you are managing a large project, which is strategically important and complex. At the outset, you realize there will be a number of risks, which if not managed well, could paralyze the outcome and have negative impacts on the project objectives. Will a software tool for only project management meet your needs?

Risk Management 101

Risk Management Risk 2019 2021 101