Project Risk Coach

DECEMBER 4, 2022

Risk identification is an integral part of project risk management. It is essential for any project manager to know what risks might affect a project and navigate them. This article will examine the five techniques for risk identification. Techniques for Risk Identification 1.

Risk 395

Risk Risk Management Budget Engineering 395

Rebel’s Guide to PM

SEPTEMBER 26, 2022

Mike Clayton defines risk as “uncertain events that can affect outcomes,” in his book, Risk Happens!: Managing Risk and Avoiding Failure in Business Projects. Risk management is the most important of your project controls. So what exactly is project risk management? It won’t.

Risk 384

Risk Prince2 Risk Management PMO 384

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. What is a risk audit in project management? Who carries out the risk audit?

Risk 408

Risk PMO Risk Management Government 408

Scrum.org

JUNE 19, 2024

With its flexible and iterative nature, Scrum helps identify risks in product development. Events are feedback loops and opportunities to mitigate risks through transparency, inspection and adaptation. This article was first published in the AskScrum.com newsletter.

Risk Management 203

Risk Management Risk SCRUM 2024 203

Project Risk Coach

MARCH 5, 2023

I've looked at many risk registers through the years, and I've had difficulty understanding the risks many times. The risk statements were vague and lacked consistency. In this article, let's explore the benefits of clear risk statements. An accurate picture of one’s risk is important for making sound decisions.

Risk 397

Risk Underperforming Technical Team Energy Budget 397

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 203

Risk Management Risk SCRUM Initiating 203

Project Risk Coach

FEBRUARY 7, 2022

Unfortunately, many Project Management Offices (PMOs) become nothing more than a watchdog, one that ensures compliance to a strict set of rules. In this article, we will explore why this happens and what it takes for PMOs to become strategic enablers. Management sees it as a way to give oversight to all the programs and projects.

PMO 457

PMO Underperforming Technical Team Risk Management Risk 457

Kiron Bondale

FEBRUARY 27, 2022

Similar to my previous article, this topic stemmed from a discussion I had with the learners of the PMP preparatory course I taught this week. In past article I’ve frequently quoted Dr. David Hillson’s definition of risk as being “ uncertainty that matters “ That definition recognizes both threats and opportunities.

Risk 334

Risk Risk Management PMI Construction 334

Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. For example: a project management artifact is the project closure document.

Logistics 511

Logistics Artificial Inteligence PMI Performance Measurement 511

ProjectManager.com

OCTOBER 15, 2020

When managing a project, one is required to make a lot of key decisions. Because of the high stakes, good managers don’t just make decisions based on gut instinct. They prefer to minimize risk to the best of their ability and act only when there is more certainty than uncertainty. What Is Cost Benefit Analysis?

Risk Management 524

Risk Management Consulting Risk Budget 524

Rebel’s Guide to PM

JULY 12, 2024

I don’t have the time (or the requirement) to take a certification course, but I’m always prepared to develop the project management competencies I need to succeed. In this article we'll talk about the top competencies for project managers and how you can develop your skills. If you feel the same, what should you be focusing on?

Technical Review 401

Technical Review Underperforming Technical Team Software Review Influencer 401

Rebel’s Guide to PM

MARCH 11, 2021

Where is artificial intelligence taking project management? AI has turned up in the project management trends articles over the past few years and it’s now most definitely here to stay. The impacts of artificial intelligence in project management. The applications of artificial intelligence in project management.

Artificial Inteligence 513

Artificial Inteligence 2030 Technical Review Underperforming Technical Team 513

Rebel’s Guide to PM

FEBRUARY 13, 2023

Table of Contents Why is stakeholder management important to project success? What is stakeholder management? Reduce and Uncover Risk 3. Easier Project Closure Why is stakeholder management important to project success? What is stakeholder management? Your stakeholders can also help you identify new risks.

Risk Management 449

Risk Management Finance Software Review Risk 449

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. That’s a negative risk, a threat.

Software Review 410

Software Review Technical Review Risk Management Risk 410

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 307

Software Review Certification 2024 PMO 307

Rebel’s Guide to PM

NOVEMBER 16, 2023

In our annual global survey , one in five (21 percent) respondents say they are using AI always or often in project management. In this article, we will cover strategies to usher in this adoption and certain tasks that can be augmented with AI. Specifically focused on generative AI applications in projects, mainly ChatGPT.

ChatGPT 478

ChatGPT Generative AI Artificial Inteligence PMI 478

Rebel’s Guide to PM

MAY 30, 2024

Ever wondered what RAID is all about in project management? You'll hear project managers talking about their RAID logs as part of how to manage a project , or updating the RAID, but what does it all mean? In this article, we look at everything RAID -- and it's a key tool for project managers.

Risk Management 346

Risk Management Software Review Risk Controlling 346

Rebel’s Guide to PM

APRIL 10, 2023

Keeping track of problems on projects is really important if you want to come across as a professional project manager. I use an issues log (it’s an Excel spreadsheet) to make sure I record, remember and manage all the issues on my projects. Why not plan for them just in case on your risk register? Do you want it too?

Technical Review 402

Technical Review Risk Management Budget Risk 402

Rebel’s Guide to PM

MAY 22, 2022

Get the right project resources Make quick decisions Understand project management techniques Know when to pull the plug Celebrate accomplishments Manage financial changes Overcome ignorance Set goals Communicate the facts Understand risk and reward. Understand project management techniques. Manage financial changes.

2012 384

2012 2013 Risk Management PMI 384

Rebel’s Guide to PM

JUNE 14, 2022

Davis, MSPM, PMP and Project Management Superhero. Davis, MSPM, PMP and Project Management Superhero. The S in SPERT offers superpowers to all project managers. If project managers can harness that power, they can address the two chief reasons why anyone estimates anything. I caught up with William W. OK, I get it.

Estimate 431

Estimate 2016 Risk Management Software Review 431

Rebel’s Guide to PM

SEPTEMBER 29, 2022

I bet you have plenty of project management processes, don’t you? One for risk, one for escalations, one for changes, issues, new project kick-off, closure, logging dependencies… the list goes on and on. Let’s look at 5 common reasons why processes fail to serve you when managing projects and what you can do about them.

Process 390

Process PMO Risk Management 2017 390

Rebel’s Guide to PM

MAY 2, 2022

The mission of a project portfolio manager is clear enough: maximize the business benefits of projects. In this article, you’ll learn the top 5 key considerations and knowledge areas under which the main criteria for managing a project portfolio can be grouped. Consideration #2: Managing complex risk is all about balance.

Technical Review 365

Technical Review Risk Management Government Governance 365

Rebel’s Guide to PM

MARCH 31, 2024

The most commonly used planning constraint method in project management was historically the “triple constraint” – time, cost and scope – sometimes known as the project management triangle or the “iron triangle” because it’s often shown as a triangle with the constraints at each vertex. What is the Triple Constraint?

Risk Management 372

Risk Management Budget Risk Sustainability 372

Kiron Bondale

AUGUST 21, 2022

Thanks to the most recent issue of Tom Geraghty’s weekly Psychological Safety newsletter , I learned about a new model for how we consider safety and risk. People are viewed as a source of risk and liability and when problems occur, the focus is on identifying root causes and addressing those.

Government 326

Government Governance Risk Management Risk 326

Project Risk Coach

MARCH 21, 2022

No requirements management plan. The project manager should define the approach to requirements development and management. How will you manage requirement changes? How will you manage requirement changes? Read my article: Why Project Managers Need Business Analysts. Poor requirements change process.

Underperforming Technical Team 416

Underperforming Technical Team Software Review Risk Management Controlling 416

Project Risk Coach

AUGUST 16, 2021

A project manager does not possess all of the knowledge and skills necessary to deliver a project. Therefore, each project manager should engage the people and organizations that have interest in the project.

Risk Management 397

Risk Management Risk Initiating Planning 397

ProjectManager.com

FEBRUARY 27, 2024

Project planning is one of the first and most important aspects of project management. Project management software does more than a static Excel or Word template, but using these free 12 project planning templates for Excel and Word is a decent substitute. Project planning templates are part of project management.

Planning 398

Planning Software Review Risk Management Estimate 398

Rebel’s Guide to PM

NOVEMBER 22, 2022

Better risk management 4. Built-in support system Challenges and risks that arise from working in teams Experience levels Having to stay on top of changing dynamics Productivity paranoia How to overcome the disadvantages of teamwork In summary. Better risk management. Or business risk more generally.

Risk Management 446

Risk Management Risk Closing Leadership 446

Rebel’s Guide to PM

MAY 7, 2023

Project managers are often faced with the challenge of managing complex projects and ensuring that they stay on track. I’ll confess: when I started out as a project manager, this was a piece of jargon that honestly didn’t mean much at all? But what is an organizational process asset (OPA)? Think intranet or policy library.

Process 433

Process Technical Review Software Review Influencer 433

Rebel’s Guide to PM

MARCH 12, 2022

Project governance is an important part of project management processes – even if it’s not the most exciting part of getting work done. As a project manager, part of your role is shepherding the work through the project lifecycle. Risk management. Expectation management. Benefits of gate reviews.

Prince2 406

Prince2 Government Governance PMO 406

Rebel’s Guide to PM

JANUARY 24, 2022

There’s no denying that project management today looks different to how it did even 5 years ago. Project management trends shape our profession. So what are the emerging trends in project management that are going to shape how you do your job in the future? How project management is evolving. Managing a hybrid team.

2022 489

2022 PMO Risk Management Artificial Inteligence 489

Rebel’s Guide to PM

JANUARY 8, 2024

It would be nice to think that every company has a formal mentoring scheme , and that as a new project manager you can tap into the experience of more experienced people. As a result, people managing projects for the first time often find themselves making mistakes. Learn the vocab Project management has a lot of jargon.

Risk Management 335

Risk Management Underperforming Technical Team Risk Controlling 335

Rebel’s Guide to PM

SEPTEMBER 14, 2020

One of the reasons for that is scope creep – and that’s what this article is all about. Scope creep in project management is where additional requirements are added to the project, beyond what was originally agreed and these additions are not formally authorized. Scope creep is caused by lack of requirements management.

Underperforming Technical Team 464

Underperforming Technical Team 2009 Controlling Risk Management 464

Rebel’s Guide to PM

AUGUST 8, 2022

Planning is an essential part of what project managers do, so you would expect there to be some mention of how to deal with fixed date projects in the PRINCE2® manuals. Project managers still need some guidance on how to manage projects that have a fixed date. There isn’t. PRINCE2® Practitioner, Online Course and Exam.

Prince2 411

Prince2 Software Review Risk Management Risk 411

Rebel’s Guide to PM

FEBRUARY 15, 2021

A Guide to the Project Management Body of Knowledge – ( PMBOK® Guide ) 7 th Edition represents a major shift in the way ‘how to do project management’ is presented by PMI. Instead of the Knowledge Areas , we have the whole body of project management split up into 3 performance domains. But what does it actually mean?

PMI 473

PMI Technical Review Influencer Leadership 473

ProjectManager.com

SEPTEMBER 16, 2020

There’s a lot of uncertainty in managing a project, which makes creating the budget difficult, but with a free Excel budget template you’re on solid ground to build a financial structure that’s sound and able to do the job at hand. Two such project management tools that can help you manage budgets are Gantt charts and dashboards.

Budget 448

Budget Estimate Risk Management Monitoring 448

Rebel’s Guide to PM

MAY 3, 2022

Your project management plan is more than just a schedule of work. A project management plan is a document that sets out how you are going to do what you’re going to do. It’s a guide to how the project will be managed. So what does go in the project management plan ? Risk management plan.

Planning 334

Planning Software Review Risk Management Estimate 334