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

Rebel’s Guide to PM

MARCH 29, 2022

I have been a bit lax with project management reading recently but one book that I have made time to review again is The Conscious Project Leader: How to Create a Culture of Success for Your Projects, Your Team and Yourself. It didn’t take much browsing on his website to realize that it was going to be my kind of book.

Underperforming Technical Team 273

Underperforming Technical Team Leadership Estimate Risk Management 273

Musings on Project Management

JUNE 25, 2019

To be open Every text and paper I've read describes risk management like many other project processes: open, transparent, available to any on the project team. Risks are identified, evaluated, ranked, made subject to some form of risk reduction paradigm; and everyone is made aware. Oh, but if it only were!

Risk Management 170

Risk Management Risk Process 170

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.

Governance 122

Governance Government Risk Management Risk 122

Musings on Project Management

JULY 1, 2024

If you are in the project management (read: risk management) business, one of the best books that describes the philosophy and foundation for modern risk management is Peter L. Bernstein's "Against the Gods: the remarkable story of risk".Against

Risk 150

Risk Risk Management 150

Rebel’s Guide to PM

MAY 9, 2018

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. Risky shift is the difference between the average risk taken by individuals and the risk taken by the group.

Risk Management 258

Risk Management Risk Underperforming Technical Team 2018 258

Management Yogi

APRIL 6, 2022

I receive many questions on Risk Management - particularly from the customers of my new risk management courses and readers of risk management book.

Risk Management 102

Risk Management Risk 102

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

SEPTEMBER 28, 2020

Plan for project risks with this risk register template for Excel. Define risk priority and the potential impact for each. Risk is going to happen, but with this free risk tracking template handy, you can prepare for it and have a response already thought out and in place. Every project has risk.

Risk 308

Risk Software Review Risk Management Underperforming Technical Team 308

Kiron Bondale

OCTOBER 26, 2022

Back in July, while planning for the campaign, I’d written a series of articles on the approach I’d taken to manage this project. In my final article, I’d covered the delivery and outcome risks I’d identified and addressed and will provide an update on these as well as to share what I learned through the experience.

Risk 316

Risk Transportation Risk Management Leadership 316

Musings on Project Management

DECEMBER 23, 2019

Need a quick introduction to risk management? Try this very short course on risk management (no math required!). Risk management short course from John Goodpasture. Buy them at any online book retailer! Don't have much time for this?

Risk Management 150

Risk Management Risk Retail 150

Kiron Bondale

SEPTEMBER 26, 2021

Tracking and reporting risk information is a standard part of any project management approach. Minimal sufficiency should be the goal we strive to in terms of meeting the informational needs of your stakeholders but more important, helping risk and risk response owners to effectively address identified risks.

Risk 207

Risk Risk Management PMI Governance 207

Musings on Project Management

MARCH 19, 2022

And expect a parachute to followFrom the Netflix series "Inventing Anna"Actually, in the book "The Network" by Scott Wooley -- which is a pseudo-biography of Edwin Armstrong (vacuum tube amplifier inventor, among many electronics inventions. 42 patents and IEEE Medal of Honor) and David Sarnoff (founder of RCA and NBC) there are many "Leap!"

Risk Management 186

Risk Management Risk 186

Musings on Project Management

MAY 24, 2020

The oldest technique in the book, indeed before there were even books, is "acceptance" To drive a car is to accept the risk that the other driver isn't too drunk, too sleepy, too unskilled, too distracted, too whatever To take on debt is to accept the risk that you'll have the means to repay without bankrupting yourself To take on unsecured credit (..)

Risk 170

Risk Risk Management 170

Management Yogi

MARCH 31, 2022

Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. Let’s consider the following scenario based true events which occurred within an organization I worked closely with recently. Some were taken, but most ignored or overlooked because.

Risk 104

Risk Risk Management Governance Government 104

Rebel’s Guide to PM

MARCH 13, 2020

Trusted team members not only do only what is asked, but what the project needs them to do, because they know that the project manager will trust their decisions and actions. . Wise’s book, Trust in Virtual Teams. For me, this was the big revelation from the book. ” My view of the book.

Underperforming Technical Team 315

Underperforming Technical Team Defining Risk Management Risk 315

Management Yogi

DECEMBER 15, 2021

For example, in project management you have data such as planned start, planned cost, planned story points, total number of risks, etc. Working with projects, programs, and portfolios, generates a lot of data. That said, data on its own doesn’t give you or a stakeholder any real value.

Risk Management 105

Risk Management Risk Planning PMI 105

Kiron Bondale

JUNE 12, 2022

I’ve often referenced Dr. David Hillson’s definition of risk as “ uncertainty that matters ” in my articles about project risk management. If stakeholders don’t feel that the information presented to them about a risk matters to them, they will ignore it.

Risk 207

Risk Risk Management PMI Leadership 207

Musings on Project Management

MARCH 21, 2017

Need a quick introduction to risk management? Try this very short course on risk management (no math required!). Risk management short course from John Goodpasture. Read in the library at Square Peg Consulting about these books I've written Buy them at any online book retailer!

Risk Management 150

Risk Management Risk Retail Consulting 150

Management Yogi

NOVEMBER 22, 2022

As I frequently interact with project and risk management practitioners, the below two questions on unknowable-unknowns and unknown-unknowns are very confusing for many. Where does emergent risk The existing literature doesn’t help as they are written with complicated language and/or complex explanations.

Risk Management 94

Risk Management Risk 94

Rebel’s Guide to PM

APRIL 1, 2022

In the past I have interviewed Susanne Madsen on the topic of project leadership and her book, The Power of Project Leadership. I expected a book about leadership theory but what I got was a hugely practical guide to actually doing leadership with plenty of stories, examples and exercises. A good book for leaders who want to improve.

Leadership 273

Leadership 2015 Energy Innovation 273

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free. Risk Management Plan Definition. Risk Register, WBS). Monitoring Risks.

Risk Management 105

Risk Management Risk Planning Technical Review 105

Management Yogi

NOVEMBER 12, 2023

Project and Program Risk Management when compared with Portfolio Risk Management will have many fundamental differences. Indeed, there are a large number of differences that you have to know, if you are coming from a project management or program management background.

Risk Management 59

Risk Management Risk PMI 59

Project Risk Coach

SEPTEMBER 1, 2016

In Chapter 3 of my book — The Intentional Project Manager , I share twelve reasons that risk management can become ineffective. I would also like to invite you to join the Intentional Project Manager Facebook Group where we discuss the development of interpersonal skills. Click here to enroll.

Risk Management 150

Risk Management Risk 150

Kiron Bondale

JANUARY 23, 2022

If a team possesses a high level of psychological safety, does this increase the likelihood that one of its members might feel safe taking a risk which goes beyond the risk tolerance of the team, the line of business or the organization as a whole? Provide examples of what is and isn’t safe to do.

Risk 194

Risk Risk Management PMI Leadership 194

Project Risk Coach

MARCH 2, 2016

John Smith was hired as a new project manager at a leasing company, and he was assigned a small project with a team of six people. How well did John use risk management to accomplish his goal? He and his team completed a project plan and identified project risks. Improving Risk Management.

Risk Management 170

Risk Management Risk Technical Review Software Review 170

MPUG

JANUARY 17, 2021

Portfolio Decides.” – from the book, I Want To be A RMP. As I interact with various project, program, and portfolio (PPP) management professionals who use my courses, read my books, and/or attend my webinars, I get many queries on the risk management life cycle approach. Monitor Risks. “Project Creates.

Risk Management 103

Risk Management Risk Closing Monitoring 103

Rebel’s Guide to PM

OCTOBER 30, 2018

When I first wrote Collaboration Tools for Project Managers the publishers put ‘Elizabeth Harrin, PMP’ on the cover. I might at some point in the future, especially if I can hang on to Jack Risos’ book Ace the PMP Exam (3rd ed, updated for PMBOK ® – Sixth Edition). What about the content?

Software Review 259

Software Review 2009 Manufacturing Certification 259

PM Basics

JANUARY 20, 2023

A document you use to capture all known risks is called: A. Risk Register. Risk List. Risk Diary Next Question On a Friday evening John (your best engineer in the team) comes to you and says he quits. Qualitative Risk Analysis B. Risk Brainstorming C. Quantitative Risk Analysis D. More responsibility.

Risk Management 52

Risk Management Risk Technical Review Technical Support 52

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

Management Yogi

APRIL 15, 2022

Probabilistic branching and probabilistic linking are two completely different concepts in risk management. Many risk management practitioners confuse these two and use them interchangeably. This is not correct. To understand probabilistic linking, first you need to understand probabilistic branching. hope you have.

Risk Management 105

Risk Management Risk 105

Rebel’s Guide to PM

FEBRUARY 12, 2024

As a project manager, you are expected to have all-round skills encompassing the technical fields of project management like planning and scheduling, through to the interpersonal skills like communicating up and influencing others. Learn how to help your team manage risk so you can split the work between you.

Finance 331

Finance Risk Management Budget Risk 331

Management Yogi

AUGUST 29, 2023

Portfolio Risk Management differs significantly from project and/or program risk management. While there are similarities among the processes, procedures, actions in risk management, risk management in portfolio differs in many areas.

Risk Management 90

Risk Management Risk PMI Process 90

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.

Governance 326

Governance Government Risk Management Risk 326

Rebel’s Guide to PM

SEPTEMBER 26, 2024

People often ask me how project managers can be evaluated, or what targets should be set for people in project roles. It’s a bit tricky to provide a one-size-fits-all answer, but I have come up with some Key Performance Indicators for project managers, that you can use as a starting point for your own team. OK, on to the KPIs.

PMO 334

PMO Software Review Governance Government 334

Kiron Bondale

MARCH 21, 2021

. “ The second came from my re-reading of the chapter on the affect heuristic and availability cascades in Daniel Kahneman’s book, Thinking, Fast and Slow. Finally, I read a discussion thread on projectmanagement.com related to quantifying risk information. The infamous Summer of the Shark in 2001 is a good example.

Risk 227

Risk 2001 Estimate Leadership 227

Epicflow Blog

MARCH 22, 2024

This article is inspired by the webinar featuring Epicflow co-founder Jan Willem Tromp and professor Mario Vanhoucke based on his latest book “The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control”. So, what do you need for an efficient risk analysis?

Risk Management 52

Risk Management Controlling Risk Aerospace 52