Project Risk Coach

JANUARY 11, 2021

Ask 10 different risk management experts to define emerging risks, and you will likely receive different points of view. In this article, let's define emerging risks, discuss ways to identify them, and look at different ways to manage these risks. What are Emerging Risks? Click to Tweet.

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Project Risk Coach

AUGUST 10, 2020

And one of the most important things to communicate is your risks. How do you communicate risks? Communicating Project Risks 1. Analyze Your Risks We cannot communicate the things that we don’t understand. As risks are identified, assign a risk owner. Work with the risk owner to define the risk : Risk.

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ProjectManager.com

DECEMBER 3, 2019

Need to know how to plan an event? If you’re planning a big event like a conference, we can help you successfully plan, structure and lay it out. This blog will go over everything you need to consider when planning an event, including an easy-to-use checklist. Planning an Event. That’s an anchor that can’t change.

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ProjectManager.com

SEPTEMBER 14, 2021

What is a Risk Register? A risk register is a tool in risk management and project management. It is used to identify potential risks in a project or an organization, sometimes to fulfill regulatory compliance but mostly to stay on top of potential issues that can derail intended outcomes.

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Project Risk Coach

FEBRUARY 20, 2023

It's a simple question, "Who owns the risks in agile projects?" In this article, let's uncover the role of risk owners and how to perform risk management in agile projects. What is a Risk Owner? When it comes to taking ownership of risks, it allows team members to have greater control over their work.

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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? Risk breakdown structures.

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ProjectManager.com

MARCH 4, 2022

Scrum is a framework that consists of values, roles , events and artifacts. Scrum Events. These scrum events or scrum ceremonies foster team collaboration and make sure that there’s a constant line of communication among the scrum team members through the product or software development life cycle. Get started today for free.

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Rebel’s Guide to PM

AUGUST 12, 2024

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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ProjectManager.com

MARCH 7, 2023

Planning an event can range from a meeting at work to a convention and everything in between. Using planning templates can help you stay organized and keep to your budget and they allow you to schedule and create the kind of event that serves its purpose, whether that’s networking at a trade show or launching a team-building workshop.

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ProjectManager.com

FEBRUARY 3, 2022

Risks will arise and threaten the successful delivery of your project. Using a risk breakdown structure (RBS) is how you prepare for the unexpected. A risk breakdown structure is great for identifying and prioritizing risks so you know which will be more or less impactful. The Four Categories of Risk in a Project.

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Rebel’s Guide to PM

AUGUST 29, 2021

Risks matter. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

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ProjectManager.com

OCTOBER 20, 2021

There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. It’s no wonder so much of project management is focused on risk! What is a Project Risk? Negative risk? Positive risk?

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Project Risk Coach

JULY 29, 2019

So, the project charter is completed and the top risks are recognized. What can you do to recognize and plan for the events and conditions that may have negative effects on your project objectives? […] The post Risk Management: When All Hell Breaks Loose appeared first on Project Risk Coach. And guess what?

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ProjectManager.com

AUGUST 23, 2023

Project risk. Just the word risk can evoke the same kind of primal, fight-or-flight fear in project managers. But risk shouldn’t be feared, it’s just another part of the project to manage. All projects have some element of risk while other projects are inherently high-risk. (We’re

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ProjectManager.com

OCTOBER 25, 2022

Having an event is a like executing a project. It has a plan that’s executed by a team with a deadline with the final deliverable being the event. Just like a project, event management is the way you make sure everything seamlessly comes together for your stakeholders. What Is Event Management? Learn more.

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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.

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Scrum.org

OCTOBER 3, 2023

What are the 5 events in Scrum? The Sprint is the most commonly overlooked event in Scrum. In fact, many people don’t even realize that it is an event in Scrum. 2020 Scrum Guide ) The Sprint is a container for all of the other events in Scrum. A shorter Sprint is better to reduce risk. Can you name them?

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Scrum.org

FEBRUARY 23, 2023

Why is it that so many people walk away from a Scrum event saying it was a waste of time, boring or not relevant to them? 5 Facilitation Principles for Scrum Events 1. This requires all the scrum team members to be involved in scrum events and have a say.

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Scrum.org

MAY 20, 2024

According to the 2020 Scrum Guide , “Scrum employs an iterative, incremental approach to optimize predictability and to control risk.” The Scrum guide calls out predictability and controlling risk as the two main benefits. In this article, I want to focus on incremental delivery’s impact on risk.

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ProjectManager.com

SEPTEMBER 13, 2022

Among this release’s hundreds of product updates, we wanted to highlight two that our business edition subscribers and above can access: risk management and recurring tasks. Manage Risks to Avoid Unexpected Project Impacts. Without the ability to identify and monitor project risks, customers can’t prepare for the unexpected.

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Scrum.org

NOVEMBER 30, 2023

What is the ‘Navigating the Scrum Events’ Series? for each Scrum Event. This is NOT the end-all-be-all perfect way to operate for all scenarios - but a straight-to-the-point tactical list of steps to help you get to the basic outcomes you need at the end of the event. Are there any potential downsides or risks if we do this?

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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. What is Risk Threshold?

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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.

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Inloox

FEBRUARY 2, 2023

Know the risks in your project! Risk management plays an enormously important role in project management. The task here is to identify, analyze, control and ultimately minimize risks. Although some risks can be eliminated with a suitable solution strategy, certain risks can never be completely avoided in the project context.

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Project Risk Coach

OCTOBER 23, 2021

3 Is an Opportunity a Risk, Really? Project managers may use qualitative and quantitative risk analysis to evaluate opportunities. Consequently, these project managers and team members fail to take advantage of these upside risks. Therefore, negative risks are considered to be threats and positive risks are opportunities.

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Scrum.org

NOVEMBER 1, 2023

What is the ‘Navigating the Scrum Events’ Series? for each Scrum Event. This is NOT the end-all-be-all perfect way to operate for all scenarios - but a straight-to-the-point tactical list of steps to help you get to the basic outcomes you need at the end of the event. Sprint Planning - What’s The Point?

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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. Scrum addresses this risk through regular sprint reviews where stakeholders provide feedback in shorter loops.

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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.

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Scrum.org

FEBRUARY 5, 2024

The Scrum framework includes five events: The Sprint Sprint Planning Daily Scrum Sprint Review Sprint Retrospective. Each of the five events in Scrum is time boxed. This means that every Scrum event has a maximum (but not a minimum) amount of time the Scrum team will spend on the event every Sprint.

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Rebel’s Guide to PM

OCTOBER 26, 2020

Weddings — in fact, event planners are excellent at managing fixed date projects because every event has a fixed date on which it will take place and the project to deliver the event has to be done on time. “Taken together, costs and risks can make a powerful argument for doing things rationally,” he said.

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Scrum.org

NOVEMBER 30, 2023

What is the ‘Navigating the Scrum Events’ Series? for each Scrum Event. This is NOT the end-all-be-all perfect way to operate for all scenarios - but a straight-to-the-point tactical list of steps to help you get to the basic outcomes you need at the end of the event.

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Rebel’s Guide to PM

SEPTEMBER 8, 2021

The four types of project management methods are: Data gathering and analysis methods Estimating methods Meetings and events Other (because it’s always worth having a bucket category for anything else, right?). You can do root cause analysis as part of risk management as well. Meetings and events. Risk review.

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ProjectManager.com

NOVEMBER 28, 2018

Contingency plans are used by smart managers who are aware that there are always risks that can sideline any project or business. If you’re not working on a contingency plan when you’re planning any enterprise, then you’re opening yourself up to unnecessary risk. What Are the Key Risks? What Is a Contingency Plan for a Business?

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Project Risk Coach

APRIL 26, 2021

Uncertain events actually occur. Wise project managers identify risks, estimate the cost for these risks, and create a contingency reserve. Furthermore, you may wish to set aside some money for the risks that no one knows about , sometimes referred to as unknown, unknown risks. Consequently, our cost increases.

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Project Risk Coach

AUGUST 9, 2021

And one of the most critical events is your project kickoff meeting. For example, for the team exercise, the project manager may conduct a risk identification exercise or facilitate a work breakdown structure (WBS) exercise. […] The post How to Conduct a Killer Kickoff Meeting appeared first on Project Risk Coach.

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ProjectManager.com

MAY 16, 2024

Scenario planning is a strategy used to consider possible future events for an organization or project to develop an effective and relevant long-term plan to respond positively to that change. It considers trend analyses and qualitative data, but also examines quantitative data and past events. What Is Scenario Planning?

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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.

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