ProjectManager.com

MARCH 9, 2022

Let’s take some time to define what a stakeholder is, examples of stakeholders and free stakeholder templates that can help with stakeholder management. For example, a stakeholder can be the owner or even the shareholder. Stakeholder Examples. Let’s take a look at some of the more common stakeholder examples. Learn More!

Software Review 502

Software Review Influencer Government Governance 502

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.

Government 122

Government Governance Risk Management Risk 122

Project Risk Coach

OCTOBER 5, 2020

Why are many project managers confused over risks? Why do some project managers include positive risks in risk management and others do not? Let's clarify what we mean by the term risk. Risk is a Choice Merriam-Webster defines risk as “the possibility of loss or injury: peril.” Provide examples.

Risk 418

Risk Prince2 Risk Management Government 418

WorkOtter

OCTOBER 4, 2024

Implementing a strong governance framework involves setting up clear processes for project approval, oversight, and review. Governance should be designed to ensure that all projects align with strategic goals and that they are executed according to standardized best practices. What is Portfolio Governance?

Government 78

Government Governance Technical Review PMO 78

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. I get this.

Risk Management 423

Risk Management Risk Government Governance 423

ProjectManager.com

FEBRUARY 26, 2021

Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project. In this article, we’ll discuss strategies that let you get a glimpse at potential risks, so you can identify and track risks on your project. What is Risk Management on Projects?

Risk Management 538

Risk Management Risk Process Monitoring 538

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.

Risk 330

Risk Technical Review Risk Management Estimate 330

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.

Risk 180

Risk Underperforming Technical Team Government Governance 180

Planio

MARCH 11, 2024

Risk management is the art of anticipating potentially project-derailing dangers and putting actionable steps in place to minimize their impact. But the problem is that risks aren’t always obvious or apparent — until you’re knee-deep trying to slog your way out of one. Create a Risk Management Plan using our free template! ?

Risk 88

Risk Technical Review Risk Management Budget 88

ProjectManager.com

APRIL 24, 2019

While making money is the overriding mandate of any for-profit enterprise, each individual organization is governed by its own set of standards and practices. Those standards and practices are called corporate governance, and they are going to influence your project. What Is Corporate Governance? Roles in Corporate Governance.

Government 287

Government Governance Influencer Executing 287

The IIL Blog

OCTOBER 2, 2024

By Rick Lemieux – Co-Founder and Chief Product Officer of the DVMS Institute October 2, 2024 Human risk, the potential for human error, negligence, or malicious intent to compromise an organization, is an inherent and pervasive challenge in any organization. This unpredictability makes it difficult to anticipate and prevent human errors.

Risk Management 78

Risk Management Risk 2015 2024 78

Rebel’s Guide to PM

APRIL 5, 2022

It’s easy to find examples of high-profile projects that fail. For example, the Millennium Dome attracted 5.5 These examples show that defining what we mean by success has a significant impact on whether we believe a project has ‘failed’. When you are working on a high-profile project that fails, expect to be in the public eye!

Technical Review 273

Technical Review 2007 Software Review 2005 273

The IIL Blog

SEPTEMBER 11, 2024

Yet, while the potential consequences of a cyberattack can be devastating, it’s essential to recognize that cybersecurity is merely one facet of the broader risk landscape that businesses face. Businesses face a wide range of internal and external risks that can have equally devastating consequences. Learn more here!

Risk 78

Risk 2024 2015 Government 78

Inloox

APRIL 16, 2024

How to perform a SWOT analysis Once the SWOT analysis is completed: 5 key approaches for strategy development Concrete example: SWOT analysis in a software development project Conclusion 1. Assessment of threats It draws attention to potential external risks and threats that could negatively impact the project. What is a SWOT analysis?

Artificial Inteligence 100

Artificial Inteligence Underperforming Technical Team Technical Review Development Team Review 100

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. Governance is a key part of that, and gate reviews are part of navigating through the project. Governance is a key part of that, and gate reviews are part of navigating through the project.

Prince2 407

Prince2 Governance Government PMO 407

Rebel’s Guide to PM

MAY 7, 2023

When you start thinking about it, there are loads of examples, from financial databases to standardized guidelines for pretty much anything, product standards, quality standards, historical records, and even very specific things that you may only use in certain circumstances, like defect management processes.

Process 434

Process Technical Review Software Review Influencer 434

ProjectManager.com

JULY 24, 2024

For example, it helps with selecting, defining and delivering projects. This is done by a variety of skills and techniques, led by a project manager and includes defining project scope, identifying deliverables, managing risks and effective communication across teams. The goal is to improve organizational performance.

PMO 367

PMO Software Review Logistics Government 367

ProjectManager.com

NOVEMBER 22, 2023

When governments or corporations make large investments, they don’t do so without serious planning. We’ll end with a few examples of capital projects to make the concept more understandable. These capital projects can be infrastructure-based, such as roads and railways, when launched by the government. What Is Capital Planning?

Budget 377

Budget Software Review Planning Construction 377

ProjectManager.com

JULY 2, 2019

There are many examples throughout history that illustrate the importance of teamwork. We cherry-picked 10 of our favorite inspirational examples of teamwork as it applies to a variety of circumstances. One of the most historic examples of teamwork is the Apollo 11 1969 mission. It is also a prime example of teamwork.

Software Review 240

Software Review Aerospace Logistics Engineering 240

Kiron Bondale

JUNE 14, 2020

The author asked what needs to be considered when planning risk responses. The majority of the answers offered focused on characteristics of the individual risks themselves such as their probability, impact, ability to be responded to and so on. mitigate, transfer, avoid, accept, escalate) should be utilized for each potential outcome.

Risk 207

Risk Risk Management Influencer Government 207

Rebel’s Guide to PM

SEPTEMBER 8, 2024

Larger projects are likely to have higher numbers of people with power involved because they tend to attract greater corporate governance and oversight – so the top management likes to know what is going on. Examples of stakeholders with high power are the sponsor, the CEO and the client. An example would be the board of a company.

Influencer 332

Influencer Government Governance Defining 332

Rebel’s Guide to PM

JUNE 19, 2024

For example, using your project management software , budgeting and forecasting (although you would involve Finance for that) and scheduling. Governance management Program governance happens at 3 levels: Project level The project manager/project sponsor keeps the individual projects on track and reports progress to you.

2024 322

2024 PMO Government Governance 322

Henny Portman

MAY 31, 2023

The Introduction chapter discusses the target audience (governance body members, project, programme and portfolio managers, PMOs, …)., Case studies regarding a basic project, complex programme, standing programme boards and portfolio governance models. I would call this product governance (P4G?) The second chapter – What is P3G?

Government 59

Government Governance Prince2 Agile 59

Project Risk Coach

NOVEMBER 20, 2017

Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project. Let’s look at how to start the risk management process. How will you identify risks? Who will own the project risks.

Risk Management 199

Risk Management Risk Planning Monitoring 199

The IIL Blog

SEPTEMBER 13, 2023

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Our risks were identified, but a response strategy was never created.

Risk Management 88

Risk Management Risk Cadence 2016 88

Rebel’s Guide to PM

SEPTEMBER 24, 2023

The History of PRINCE2® PRINCE2® is part of the best practice guidance that came out of the UK Office of Government Commerce. A British government agency, the Central Computer and Telecommunications Agency, licensed it for use in government IT projects back in 1979. You’ll record your risks is a risk log.

Prince2 372

Prince2 Technical Review Government Governance 372

ProjectManager.com

OCTOBER 30, 2024

The professional services industry is large and to better understand it, we define the term and provide examples of professional services firms. 6 Examples of Professional Services Firms To better understand what a professional services firm is, let’s look at some examples that we’ve namechecked but haven’t defined.

Software Review 283

Software Review Underperforming Technical Team Consulting PMO 283

ProjectManager.com

MARCH 8, 2018

For example, as noted, a program manager is overseeing multiple projects, or programs. These courses tend to be no longer than half-a-year in duration and teach how to define, measure and sustain a planned program, while covering topics like program governance, stakeholder engagement and strategies related to managing a program of projects.

Certification 250

Certification Finance Software Review Monitoring 250

Velociteach

SEPTEMBER 11, 2023

We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Thoughtlessly making assumptions or ignoring risks can lead to critical problems.

Risk Management 77

Risk Management Risk Cadence 2023 77

Rebel’s Guide to PM

AUGUST 6, 2022

Here’s an introduction to these important groups as part of the governance framework so you can get yours set up and working on your project. A project board provides oversight and governance for the project. What you need is adequate governance for the project. What is a project board? Call your meetings anything you like.

Governance 371

Governance Government Risk Management Technical Review 371

Proofhub

JUNE 20, 2023

Small Business Risk Management If you’re thinking of starting a new business, learning how to start a t-shirt business or a marketing business is not going to be enough. You can perfect your business plan and have an up-to-date marketing strategy, yet there could be an event or situation that may loom on your business as an uncalled risk.

Risk Management 78

Risk Management Risk Software Review Government 78

ProjectManager.com

OCTOBER 6, 2023

They lead the strategic planning and project governance for the organization and define the project management methodologies that are used to manage those projects. They standardize best practices and oversee related business administration, risk management and change management. The responsibilities of a PMO director are varied.

PMO 378

PMO Software Review Government Governance 378

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

Rebel’s Guide to PM

MAY 30, 2024

In project management, RAID is an acronym for: Risks Assumptions Issues Dependencies These are key things to track as a project manager. Risks Risks are things that might affect your project if they happen. We generally think of risks as things that could cause the project to go wrong, but risk could also be something positive.

Risk Management 346

Risk Management Software Review Risk Controlling 346

Rebel’s Guide to PM

MAY 27, 2024

The simplest example is if your business builds new software. There are lots of questions to answer, and at the end you get an idea of the scope and scale of the risk. This is something your Information Governance Manager or DPO can help with. Then you need to be able to destroy it. You want to move to another provider.

Risk Management 308

Risk Management PMO Risk Software Review 308

Rebel’s Guide to PM

SEPTEMBER 1, 2024

For example, maybe the testing phase has uncovered more bugs than you were expecting and that’s going to delay go live. Let them know that there are governance hoops to jump through and that you’ll be escalating the problem, with a view to securing support to keep the project moving forward. Assess the level of risk.

Underperforming Technical Team 329

Underperforming Technical Team PMO Government Governance 329

Wrike

NOVEMBER 6, 2024

For example, using an automatically updated system, all your colleagues can access real-time insights into what’s happening across your professional services department, agency, or organization — right down to the specific tasks people are working on right now. For example, when a task is completed, then an @mention is sent.

Software 36

Software Risk Management Artificial Inteligence Risk 36