ProjectManager.com

FEBRUARY 26, 2021

It sounds negative, but pragmatic project managers know this type of thinking is preventative. Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project. Project dashboards help you identify risk before they turn into issues. How to Manage Risk.

Risk Management 538

Risk Management Risk Process Monitoring 538

Project Risk Coach

NOVEMBER 14, 2022

As a project manager, you constantly juggle a million tasks at once. This article will provide clear guidance on how to define and assign risk management roles and responsibilities for projects and programs. Ensuring that all of the risks are addressed can be a daunting task, particularly for larger, complex projects.

Risk Management 396

Risk Management Risk Underperforming Technical Team PMO 396

ProjectManager.com

NOVEMBER 28, 2023

There are many things that are needed when managing a project. Then we’ll get into some examples to fully illustrate their meaning. An organizational process asset is a tangible resource that’s used to guide the management of an organization’s projects and operations. Some of these are called organizational process assets.

Process 396

Process Controlling Executing Defining 396

ProjectManager.com

SEPTEMBER 27, 2023

Is your smartphone really that intelligent or is it just an example of advanced technology? Let’s review smart manufacturing and smart factories and explore some examples of smart manufacturing technologies. Project management software can be a tool for achieving these goals. What Is Smart Manufacturing?

Manufacturing 369

Manufacturing Artificial Inteligence Software Review Technical Review 369

ProjectManager.com

DECEMBER 28, 2023

Workload analysis is how project managers figure out how many team members they will need to properly execute a project. Workload tracking helps project managers reallocate team members as needed to serve the project and not overburden any one member of the project team. What Is Workload Analysis?

Manufacturing 348

Manufacturing Monitoring Estimate Executing 348

ProjectManager.com

SEPTEMBER 12, 2023

We’ll then outline the top benefits and provide a few examples across industries to make process manufacturing clear. One example is food and beverages, but it can also be found in oil refining, the production of gasoline, pharmaceuticals, personal care products, cosmetics, specialty chemicals, plastics, metals, paints and even alcohol.

Manufacturing 408

Manufacturing Process Controlling Closing 408

ProjectManager.com

DECEMBER 20, 2023

For example, commercial construction can be classified into three subcategories of retail, office, multifamily and industrial construction. To further illustrate what industrial construction is, we’ll offer five examples and some of the challenges inherent in the construction sector. What Is Industrial Construction?

Construction 379

Construction Transportation Manufacturing Energy 379

ProjectManager.com

JANUARY 24, 2023

If there’s one thing you can be certain of when managing a project, it’s change. Although it’s impossible to predict the future, with these free risk management templates, you can better prepare for the unexpected and be more apt to keep your project on track. However, templates can only do so much.

Risk Management 312

Risk Management Risk Software Review Monitoring 312

ProjectManager.com

SEPTEMBER 20, 2023

Then we’ll explain how to measure production capacity and provide a couple of examples to better illustrate it. In order to take advantage of production capacity’s help with making sound financial plans and accurately forecasting business growth, you’ll need project management software. What Is Production Capacity? Here are two.

Manufacturing 338

Manufacturing Lean Estimate Software 338

Rebel’s Guide to PM

SEPTEMBER 29, 2022

Risk meetings don’t have to be boring, although in my experience they often are. A Short Guide to Facilitating Risk Management is a book that specifically addresses how to get the best out of your risk management meetings. The benefits of risk management. Great advice for risk meetings.

Risk Management 409

Risk Management Risk Initiating Planning 409

ProjectManager.com

JANUARY 31, 2024

To better illustrate how a balanced scorecard works, we’ll also show an example of one and then share a free template to help you get started with yours. A balanced scorecard is a strategic management performance metric. Balanced Scorecard Example Let’s look at a real-life example. What Is a Balanced Scorecard?

Performance Measurement 430

Performance Measurement Governance Government Initiating 430

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 Governance Government 423

Rebel’s Guide to PM

APRIL 24, 2023

When it comes to managing them effectively, understanding the differences between projects and operations is key. Ops managers want (and seek) stability so they can manage process performance. The status quo is good but project managers keep changing things! In my experience, that creates tension.

Retail 418

Retail Governance Government Healthcare 418

Project Risk Coach

NOVEMBER 1, 2021

The Project Management Institute (PMI) recently published the Project Management Body of Knowledge Guide (PMBOK®), Seventh Edition which is radically different from previous editions. 3 The Risk Management Principle 4 What is a Method? Table Of Contents. 5 Is the PMBOK® Guide, Sixth Edition Still Relevant?

Risk Management 394

Risk Management Risk PMI PMO 394

ProjectManager.com

JULY 21, 2022

Construction management at risk, also known as CM at Risk or CMAR, is a construction management approach that’s been gaining popularity. But that doesn’t mean CM at risk is right for you as there are pros and cons to this innovative approach. What Is Construction Management at Risk? Learn more.

Construction 307

Construction Risk Management Risk Infrastructure 307

Project Risk Coach

AUGUST 24, 2020

Mike was a functional project manager in an organization where I managed a PMO. But his projects were trending in the wrong direction and his manager was not happy with Mike's performance. In a one-on-one meeting, I asked Mike how he was identifying, analyzing, and managing his risks. Failure to lead by example.

Risk Management 459

Risk Management Risk Underperforming Technical Team PMI 459

ProjectManager.com

DECEMBER 27, 2023

It can be used to communicate what’s needed in the project, the costs associated with the activities and the management of payments. But what is a schedule of values and why is it such an essential construction project management document? ProjectManager’s Gantt charts manage your human and nonhuman resources.

Construction 400

Construction Estimate Budget Monitoring 400

ProjectManager.com

OCTOBER 31, 2023

We’ll also explain some best practices, provide an example to better illustrate what a bug report is and let you download a free bug report template to get started. Get your free Bug Report Template Use this free Bug Report Template for Excel to manage your projects better. ProjectManager’s kanban boards manage bug reporting.

Software Review 345

Software Review Software Developers Software Development Software 345

Project Risk Coach

FEBRUARY 10, 2020

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 develop a project risk management plan. How often will you perform risk management activities?

Risk Management 430

Risk Management Risk Planning PMO 430

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.

Risk Management 221

Risk Management Risk Defining Budget 221

Project Risk Coach

MARCH 28, 2023

As the project management landscape becomes increasingly complex, effectively identifying, assessing, and managing risks has become critical for project managers. The PMI-RMP certification covers various domains, each with its set of tasks and enablers that project managers can leverage to manage risks effectively.

PMI 221

PMI Risk Management Risk Underperforming Technical Team 221

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. A stakeholder is a person, like any other member of the project, and some will be easier to manage than others. Stakeholder Examples. But what is a stakeholder?

Software Review 504

Software Review Influencer Governance Government 504

Rebel’s Guide to PM

FEBRUARY 28, 2022

A project manager’s job isn’t just about managing the work. Part of a resource management plan is to build the skills of your team. However, you should also consider how good they are at doing the work of projects – project management. Risk management is a great example. Identify project risks.

Risk Management 284

Risk Management Risk Technical Review 2015 284

ProjectManager.com

NOVEMBER 17, 2023

Then we’ll outline what goes into an SLA so you can make one, with an example to flesh it out and make it more comprehensible. Project management software can help you keep track of SLAs. For example, that service could include voice, text and internet services, but there’s still only one contract.

Software Review 379

Software Review Monitoring Defining Logistics 379

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. Use risk management to identify and respond to project risks in one place.

Risk Management 307

Risk Management Risk Infrastructure Monitoring 307

Project Risk Coach

JUNE 20, 2022

The Project Management Institute (PMI) released the PMBOK® Guide, Seventh Edition in July 2021. In this article, let's look at each principle and why each one matters with respect to managing risks. Optimize Risk Responses 11. For example, one of the PMBOK® principles is to optimize risk responses.

Risk Management 195

Risk Management Risk Technical Review Underperforming Technical Team 195

ProjectManager.com

NOVEMBER 8, 2023

From planning to execution, project managers and their teams are constantly choosing between one option and another or even many different options. Either way, project managers and their teams can make decisions on their gut, guided by emotion or even unconscious bias. In that case, it can be used in project management or any industry.

Manufacturing 337

Manufacturing Monitoring Software Defining 337

ProjectManager.com

NOVEMBER 23, 2020

Project managers’ reports are the means by which these types of deliverables are presented to clients and stakeholders. In order to meet their needs, a project management software must be able to filter the many data inputs to deliver the proper output. How to Present Deliverables to Stakeholders.

Project Life Cycle 460

Project Life Cycle Risk Management Executing Initiating 460

Inloox

NOVEMBER 16, 2021

Risk analysis with the FMEA method The abbreviation FMEA stands for Failure Mode and Effects Analysis. The FMEA method is therefore much more than just a risk management method. In project management, this tool is mainly used in quality assurance and risk management. Identification and assessment of risks.

Risk Management 239

Risk Management Risk Software Developers Software Development 239

Project Risk Coach

JANUARY 24, 2022

Poor risk management is costly. Program managers are caught off guard by emerging risks. And these risks may turn into issues costing more time and money. We can identify risks early. We can assess and prioritize our risks, allowing us to make better use of our limited time. Program Management.

Underperforming Technical Team 221

Underperforming Technical Team Risk Management Risk Technical Review 221

Rebel’s Guide to PM

SEPTEMBER 14, 2020

Scope creep in project management is where additional requirements are added to the project, beyond what was originally agreed and these additions are not formally authorized. Scope creep is caused by lack of requirements management. The project manager is responsible for letting scope creep affect the project.

Underperforming Technical Team 464

Underperforming Technical Team 2009 Controlling Risk Management 464

ProjectManager.com

JUNE 15, 2021

Project managers are the point person in charge of a specific project or projects within an organization. We regularly feature project management resources to help train PMs to land jobs in the industry or develop better skills in their current role. What Does a Project Manager Do? How Much Does a Project Manager Make?

Certification 473

Certification Prince2 Monitoring PMI 473

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

JULY 20, 2023

If you are starting to write one, and want some sample text for inclusion in your own, I’ve shared loads of tips and examples below. A Charter tends to be longer, more formal and it serves a particular purpose in project management land which is to confer authority on the project manager. It can be as formal as you like.

Technical Review 276

Technical Review Software Review Prince2 Budget 276

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).

Risk Management 105

Risk Management Risk Planning Technical Review 105

Project Risk Coach

APRIL 22, 2019

While project managers and others often find themselves in opposition to the boss’ ideas, recommendations, or preferred course of action, telling the boss they have an “ugly baby” is a different story. Credit : gorodenkoff | iStockphoto One of my favorite suggestions for this unenviable predicament is using risk analysis.

Risk Management 333

Risk Management Risk Planning 333

ProjectManager.com

AUGUST 15, 2023

We’ll go over all, plus explain when to use job costing and provide an example of job costing to make sure the definition is clear. The goal is to clearly understand the profit or loss related to each project by looking at the cost of each piece of the project, which allows managers to track the profitability of each.

Manufacturing 285

Manufacturing Construction Estimate Project Cost 285