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Project Risk Management: How-to guide (with tips)

Rebel’s Guide to PM

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.

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What Is a RAID Log and Why Should I Use One?

ProjectManager.com

Risks are a bit different than issues; risks are issues that haven’t happened yet. By identifying what risks are probable, you can prepare for them and have a response in place if and when they show up in your project. That’s called risk or issue management. Risks are the potential problems lurking in your project.

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A Quick Guide to KPI Dashboards (Examples and Templates Included)

ProjectManager.com

Expecting everything to fall into place ignores inevitable risks and changes when abstract plans live in the real world. These dashboards can identify trends, monitor progress and allow for data-driven decision making. Project management software can deliver live data to KPI dashboards.

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Project Review Process: A How-to Guide

ProjectManager.com

It does this by identifying issues, such as challenges, risks or obstacles that might hinder the project’s success. All this work serves the purpose of making more informed decisions by providing data and insights that support better future actions. Project management software helps to gather this data.

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The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in. You won’t want to miss this webinar!

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What Is a Stakeholder Register? (Example & Template Included)

ProjectManager.com

The document of a stakeholder register is broken down into sections that detail essential data about each stakeholder. ProjectManager has multiple project views to share data and keep stakeholders informed. The dashboard automatically collects data and displays it on easy-to-read graphs and charts that show time, cost and more.

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How to Use Resource Tracking Software for Projects

ProjectManager.com

Project managers use resource tracking to ensure that the project is delivered on time and within budget by using data to optimize resource allocation, mitigate risks, improve project performance and communicate with stakeholders. This data can then be used to adjust resource allocation to improve project outcomes.

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The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders.

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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Leveraging the data that your ERM program already contains is an effective way to help create and manage the overall change management process within your organization. It is the tangents of this data that are vital to a successful change management process. Organize ERM strategy, operations, and data. Determine impact tangents.

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How AI Enables Success for PMO and Strategic Portfolio Management Leaders Like You

In today’s rapidly evolving digital business landscape, Portfolio Management Offices (PMOs) and project & portfolio leaders face a multitude of complex challenges, including orchestrating enterprise change; prioritizing and executing on cross-functional investments; and the need for faster, data-driven decision-making.

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Driving Discovery and Experimentation in your Organization

Speaker: Teresa Torres, Product Discovery Coach, Product Talk, David Bland, Founder and CEO, Precoil, and Hope Gurion, Product Coach and Advisor, Fearless Product LLC

But to make progress, you can't let things slow to a crawl while you focus resources on gathering data. How to accept and mitigate risk. If you want to build what matters, you can't move forward blindly. This is where continuous discovery and experimentation come in. We'll cover: Why discovery and experimentation are important.