5 Tips to Simplify Project Risk Management
Traxidy
OCTOBER 3, 2022
Project Risk Coach
OCTOBER 3, 2022
In everyday life, a threshold is a strip of wood or stone that forms the bottom of a doorway. And we cross that threshold to enter a room. 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? The PMBOK® Guide, Seventh Edition defines risk as an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives.
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Project Management Update Submitted Articles
OCTOBER 3, 2022
Your firm’s website is the most critical touchpoint between your business and its customers. For any B2B firm, handing off this vital resource to someone outside your organization constitutes a measure of risk.
The Strategic Project Manager
OCTOBER 2, 2022
The ‘People Planet Profit model’ (PPP), also known as the Triple Bottom Line (TBL) model, has become a hot topic in recent years. This post explores PPP/TBL and what it means for strategic project managers. What Is the ‘People Planet Profit Model’? The People Planet Profit Model outlines three core facets of sustainability for businesses.
Speaker: Chris Townsend, VP of Product Marketing, Wellspring
Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?
Teamweek
OCTOBER 6, 2022
There’s no way to completely eliminate the risk of things going wrong with your project. But you can prepare for these project management challenges, keep solutions handy before they happen—or at least reduce their impact on the project’s success. This post will share the most common project management challenges, their signs and symptoms, and how you can solve or mitigate them.
Project Management Update brings together the best content for project management professionals from the widest variety of industry thought leaders.
Teamweek
OCTOBER 4, 2022
How do you tell the difference between a good project and a bad one? Look at the project progress reports. Bad project reports – your team or client gets lost in pointless data, doesn’t know what work was done, and receives no insightful comments. Good project reports – your team or client sees critical data summaries, easy-to-understand insights, and an overview of the work done.
Project Management Update Submitted Articles
OCTOBER 3, 2022
Learn how free AppExchange task management app Milestones PM+ can help IT project managers overcome challenges and transform their Salesforce environment.
Rebel’s Guide to PM
OCTOBER 1, 2022
Change management is so important for making sure that the change you deliver is embedded in the organization. In other words, if you want people to use what you create — or to shift their ways of working to the new standards and processes you implement — then you have to help them through the transition. Here’s my list of top change management books for leaders.
ProjectManager.com
OCTOBER 6, 2022
There are several project management certifications that you can get to become a project management professional. To determine which one is best for you, you’ll need to think about things such as your project management skills, the career path you want to choose or your desired project management methodology specialization. Choosing the right certification and training program for your project management career is an important decision.
Speaker: Timothy Allsopp
Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.
Scrum.org
OCTOBER 3, 2022
The heart of Scrum is the Sprint, which is a time-boxed event during which the Scrum Team delivers a valuable increment at least once per calendar month. During the Sprint Planning event, Developers select which Product Backlog items (PBIs) they will deliver in the upcoming Sprint, create a plan for delivering them, and identify a Sprint Goal that provides a focus for the upcoming Sprint.
LiquidPlanner
OCTOBER 6, 2022
Tracking how your team spends their time can have a wide range of positive impacts on the organization and its employees. But the idea of time tracking and providing estimates likely has many negative connotations for your workforce. Some view time tracking as a way of micromanaging or holding team members firmly to their initial estimates. Some may consider this a lack of trust, where leadership needs to watch their every move.
Rebel’s Guide to PM
OCTOBER 5, 2022
This is a question I’m hearing quite a lot at the moment: How do I turn my company’s strategy into actual projects? It’s good to have a strategy, of course. But a strategy that stays in a fancy PowerPoint presentation isn’t helpful to anyone. That’s not a strategy, it’s a document. OK, you need the document first, as a communication tool to explain the strategy to everyone, but you know what I mean.
ProjectManager.com
OCTOBER 6, 2022
One of the big challenges any organization faces is aligning its strategic planning and business goals with the projects it takes on. In small organizations, project prioritization isn’t always critical. On the other hand, in larger organizations, there can be a huge divide between strategic goals and the project portfolio. In any sized organization, there are some simple methods that allow you to effectively prioritize your projects so that you can apply the strategic vision of your organ
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Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?
Scrum.org
OCTOBER 6, 2022
?????? This post continues my ongoing series revisiting the principles behind the Agile Manifesto. This time we are focussing on the following Agile principle – “Build projects around motivated individuals. Give them the environment and support they need, and trust them to get the job done.”. If you have a suitably motivated team, who are empowered, given sufficient resources and focussed on a shared goal, they will likely overcome almost any obstacle in their way.
Leading Agile
OCTOBER 7, 2022
This week’s video podcast was created as a response to a question we were recently asked by some of our CSM/CSPO course students. This one is for all the team members and Scrum Masters, the people on the ground who see why Agile could make a huge difference in their entire organization but just don’t have the title or agency to sign the contracts to make it happen.
Musings on Project Management
OCTOBER 5, 2022
Stability!It counts for a lot.It implies -- for behaviors and management decisions -- predictability, reliability, under-control (but not risk-free, of course), coherent narrative, steady-state goals, and a strategy that is understandable to those who have the job of implementing it.Perhaps you are aware, as many are, that stability requires feedback to effect error correction and trap excesses.
ProjectManager.com
OCTOBER 5, 2022
We talk a lot about project managers, but that title is more general than most might think. There are many different project managers, but today we’re interested in focusing on just one, the technical project manager. Are you interested in becoming a technical project manager or are you in the market to hire one? If either applies, read on. We define what a technical project manager does, provide an outline for a job description you can post and offer tips for becoming better at your job.
Speaker: Jay Allardyce, Deepak Vittal, Terrence Sheflin, and Mahyar Ghasemali
As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.
Scrum.org
OCTOBER 3, 2022
TL; DR: HoA #44: Honey, I Shrunk the Backlog w/ Allan Kelly. In this energizing 44th Hands-on Agile session on product backlog management, Allan Kelly clarified one thing: The backlog was a great idea until it wasn’t. Many successful teams deliver backlog items daily, but their backlogs aren’t getting smaller. The never-ending backlog overshadows delivery success.
Online PM Courses
OCTOBER 3, 2022
The Uncertainty Performance Domain tackles the VUCA Project Management context, and how to deal with the risks this environment creates. The post Uncertainty Performance Domain: How to Deal with Risk in a VUCA Context appeared first on OnlinePMCourses.
PM Times
OCTOBER 4, 2022
Project success is achievable—but you need the right mindset and tools to make it happen. Whether your project is big or small, the guide below will help you create a project plan, define your goals, learn to communicate with your team and find the right tools for success. 1. Plan For Project Success Creating a […]. The post Best of PMTimes: Project Success – 7 Steps For Building Projects That Deliver Results appeared first on Project Management Articles, Webinars, Templates and Jobs
Leading Agile
OCTOBER 3, 2022
So an Executive walks into a Daily Scrum and demands Team Member X who must immediately begin work on something that is not part of the Scrum Team’s commitment for the Sprint. If you’re a Scrum Master, this has either happened to you, or it is going to… soon. What do you do? You know this is not ok. The Executive, who may have the power to fire you on the spot, should know better too, but apparently, they’re “Extra-Agile.”.
Speaker: Nikhil Joshi, Founder & President of Snic Solutions
Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.
Scrum.org
OCTOBER 5, 2022
In Kürze: Hands-on Agile #44: Honey, ich habe das Backlog geschrumpft — mit Allan Kelly. In diesem inspirierenden 44. Hands-on Agile-Meetup zum Thema Produkt-Backlog-Management stellte Allan Kelly eine Sache klar: Das Product Backlog war eine großartige Idee, bis sie es nicht mehr war. Viele erfolgreiche Teams liefern täglich Backlog-Elemente, aber ihre Backlogs werden nicht kleiner.
nTask
OCTOBER 4, 2022
To deal with risks successfully, each project manager should develop and implement a risk management strategy, plan, and tools at the start of each project. Mostly, People are bad at assessing risk. They allow biases to influence their decisions or emotions to stymie decision-making processes. This is why project managers must understand how to analyze […].
Management Yogi
OCTOBER 5, 2022
While interacting with MS Project users across a couple of industry verticals recently, I encountered a question from a senior mechanical engineering lead regarding Planned and Actual Percent Complete fields. The lead was managing a bridge construction project in the Middle East.The client’s requirement was to show both Actual Percent Complete and Planned Percent Complete in the MS Project Plan.
Wrike
OCTOBER 6, 2022
We’re not telling you anything you don’t already know: The upcoming market cycle is facing some turbulence. As we emerge from the struggle of the long pandemic, the stock market isn’t behaving as anyone would like, currencies are shaky, and companies around the world are bracing as they wait to feel the impacts of this stormy season. . While the outlook can be worrisome, we believe Wrike customers are in a uniquely strong position to weather market uncertainty.
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This text offers practical guidance for project managers navigating diverse frameworks. It covers topics like centralized reporting, standardized metrics, communication, training, risk management, and alignment reviews. By implementing these strategies, project managers can improve efficiency and achieve their project goals.
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