Project Risk Coach

JULY 5, 2017

It was always interesting to watch—the best project managers were the ones who had a habit of identifying risks, both threats and opportunities. And these individuals did not perform the risk identification just once at the beginning of their projects. Wise project managers know that there are unknown risks lurking in every corner.

Risk 255

Risk Risk Management Initiating Planning 255

Project Risk Coach

FEBRUARY 4, 2019

Changes in project risks are inevitable. As a project progresses, the probability and impact of current risks change, new risks emerge, and residual risks may increase or decrease. What tools and techniques can project managers use for controlling risks and getting the results they are looking for?

Controlling 199

Controlling Risk Technical Review Performance Measurement 199

ProjectManager.com

JUNE 16, 2021

Root cause analysis is a way to document the process and apply it in future projects. Process Improvement. Other things that the method can identify are deficiencies in the process that can be fixed, again adding future efficiencies, but also noting gaps in team training. Again, there are likely more than one.

Monitoring 540

Monitoring Sustainability Defining Process 540

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. Domains (e.g.,

PMI 221

PMI Risk Management Risk Underperforming Technical Team 221

Project Risk Coach

AUGUST 13, 2018

Many project managers do a great job of identifying risks. Some even evaluate risks and develop response plans. However, project managers get busy as their projects progress and fail to monitor their risks, resulting in challenged or failed projects. Here are some key factors that you should know about monitoring project risks.

Monitoring 207

Monitoring Risk Management Risk Controlling 207

Rebel’s Guide to PM

OCTOBER 24, 2024

As a project manager, we’re constantly tracking actions, risks, issues, and more – these are the bread-and-butter activities for project managers to keep the project on track. We dove deep into risk management and other areas, as well as the value of historical logging – and how this can save you! What is a RAID log?

Software Review 307

Software Review Certification 2024 PMO 307

ProjectManager.com

MAY 19, 2022

During the five process groups of the project life cycle, there are multiple objectives and outcomes for each phase. After the project initiation and the planning processes, the execution of the project begins. During this phase a project leader will focus on these key processes: Managing people. Following processes.

Executing 514

Executing Project Life Cycle Software Review Technical Review 514

Project Risk Coach

FEBRUARY 14, 2022

The best project managers were the ones who had a habit of identifying and managing risks. Let's look at three ways you can improve your risk identification and reduce major misses. Wise project managers know that there are unknown risks lurking in every corner. Checklists make risk identification much easier.

Risk 221

Risk Risk Management Initiating Planning 221

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.

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

Project Risk Coach

AUGUST 27, 2018

In this article, we will look at how to conduct a risk audit to evaluate the effectiveness of your risk management. Additionally, we'll also talk about how to be more forward thinking through risk reviews. Good Risk Management fosters vigilance in times of calm and instills discipline in times of crisis.” -Dr.

Risk 186

Risk Risk Management Controlling Closing 186

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 203

Risk Underperforming Technical Team Governance Government 203

Project Risk Coach

APRIL 18, 2021

One of the most powerful tools for this exercise is the work breakdown structure (WBS) which is a hierarchical decomposition of the scope of work. In project time/schedule management, we continue the decomposition process to identify the project activities -- distinct, scheduled portions of work. What activities must be completed?

Estimate 397

Estimate Risk Management Initiating Defining 397

Rebel’s Guide to PM

NOVEMBER 4, 2022

Those questions are quite helpful on a smaller scale, too, for example dealing with project risk or unpicking a difficult project issue. The idea of ‘making ideas visible’ is great because it ensures the team understands the problem before they move into the design process or coming up with alternative solutions.

PMI 443

PMI Technical Review 2021 Underperforming Technical Team 443

Project Risk Coach

FEBRUARY 14, 2022

The best project managers were the ones who had a habit of identifying and managing risks. Let's look at three ways you can improve your risk identification and reduce major misses. Wise project managers know that there are unknown risks lurking in every corner. Checklists make risk identification much easier.

Risk 195

Risk Risk Management Initiating Planning 195

Rebel’s Guide to PM

SEPTEMBER 27, 2017

From baselines to Gantt charts, work breakdown structures to risk sensitivity analysis, there are so many new terms to get to grips with. Whether that’s through ongoing Agile retrospectives or by talking about continuous process improvement as you go, keep thinking about what you could do better. Manage Risk. Project Plan.

Risk Management 414

Risk Management Underperforming Technical Team Certification Risk 414

ProjectManager.com

APRIL 10, 2019

Whichever project you pursue, this exercise will give you marketing gold dust. De-Risk Your Business. Any project manager will remind you the importance of a mature and active approach to evaluating and managing your business risks. What I want to focus on is one specific source of risk: complexity. So, take that as read.

Risk Management 360

Risk Management Controlling Agile Risk 360

Project Risk Coach

NOVEMBER 21, 2016

8 ways to identify scope risks Some project managers struggle to identify scope risks. Second, individuals may not know HOW to identify scope risks. Either way, the failure to identify (and manage) scope risks can be costly. What are Scope Risks? What are some examples of scope-related risks? Interviews.

Risk 150

Risk Software Review Risk Management Defining 150

Rebel’s Guide to PM

APRIL 1, 2019

PMI defines a Knowledge Area in the PMBOK® Guide – Sixth Edition Glossary like this: An identified area of project management defined by its knowledge requirements and described in terms of its component processes, practices, inputs, outputs, tools, and techniques. We'll process your data in accordance with our privacy policy.

PMI 387

PMI Risk Management Risk Estimate 387

Rebel’s Guide to PM

JANUARY 8, 2024

New project managers need to get to grips with the change management process early so you don’t come unstuck. From baselines to Gantt charts, work breakdown structures to risk sensitivity analysis, there are so many new terms to get to grips with. Then you can tweak what you are doing to improve the project and the processes.

Risk Management 335

Risk Management Underperforming Technical Team Risk Controlling 335

Scrum.org

NOVEMBER 6, 2018

Dealing with Technology Uncertainty - The Waterfall Passive/Buffered Risk Management Style. Dealing with Technology Uncertainty - The Agile/Scrum Active Risk Management Style. The Risk Burndown Exercise. the X axis reflects the time or stages in their "Stage-gate process". The risk is there.

Underperforming Technical Team 166

Underperforming Technical Team Risk SCRUM 2013 166

LiquidPlanner

FEBRUARY 14, 2022

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations.

Risk Management 167

Risk Management Risk 2012 Prince2 167

Project Risk Coach

AUGUST 5, 2019

Think about it—in the project charter process, project sponsors and managers have the opportunity to engage key stakeholders for the express purpose of defining the vision of a project. Not everyone, mind you, but we do want the key stakeholders involved in the project charter process. This is not a documentation exercise!

PMI 299

PMI Initiating PMO Risk Management 299

ProjectManager.com

DECEMBER 19, 2019

Don’t forget to include a risk management plan. Discern the risks and issues associated with each solution. Again, you’ll want to have this process also documented in your business case. Now, it’s not just an exercise to appease senior leadership. Project Plan: It’s time to create the project plan.

Underperforming Technical Team 492

Underperforming Technical Team Project Life Cycle Leadership Initiating 492

Rebel’s Guide to PM

DECEMBER 16, 2022

A key part of a PMO leader’s job is to develop and maintain project management standards and processes and to support the people doing the delivery – project managers, program managers , and teams. Guide the PMO’s decision-making process. I wouldn’t recommend a two-day offsite for this exercise for your PMO.

PMO 367

PMO Technical Review Information Technology Governance 367

Project Risk Coach

MARCH 2, 2016

How well did John use risk management to accomplish his goal? He and his team completed a project plan and identified project risks. He captured the risks in his risk register and periodically conducted risk reviews. He skipped capturing his risks and conducting the risk reviews.

Risk Management 170

Risk Management Risk Technical Review Software Review 170

Project Risk Coach

DECEMBER 3, 2018

The team discovers that the reasons fall into the following groups: processes, people, product, and technology. Identify and sort: Project risks. Causes of risks. Responses to risks. Let's walk through the process. The post How to Create a Project Affinity Map appeared first on Project Risk Coach.

Risk Management 268

Risk Management Defining Risk Process 268

LiquidPlanner

MAY 24, 2022

This notion of contingency analysis shows that when planning or budgeting, we must account for foreseeable risk and factor in the optimal route required with the minimum number of possible detours. Risk is not solved with a calculation. Project leaders need to ask: are some foreseen risks not occurring?

Risk Management 158

Risk Management Risk 2003 2007 158

ProjectManager.com

APRIL 29, 2022

That’s a big slice of pie, which includes everything from polices, regulations and functions to processes, procedures and responsibilities. This is where process comes in. But it’s best to keep these key stakeholders at no more than six in order to run the process more efficiently. Information. Advisory Group.

Governance 384

Governance Government PMI Defining 384

Rebel’s Guide to PM

SEPTEMBER 1, 2024

Or some other criteria as defined in your project management process internally, that specifies what Red means for you. That might mean they have things to do as well, for example, they might need to lead a replanning exercise. Assess the level of risk. Complete your report as normal.

Underperforming Technical Team 328

Underperforming Technical Team PMO Governance Government 328

Rebel’s Guide to PM

MARCH 22, 2023

The courses are wide-ranging and cover everything from project management methods including agile methods, risk management, the project life cycle, project management tools, project implementation and change management. There are other exercises to do as well, such as reflection exercises.

Certification 458

Certification Software Review Project Life Cycle Risk Management 458

Project Risk Coach

DECEMBER 17, 2018

Occasionally, someone will ask me for risk management tips. Yes, g ood risk management always starts with clear goals. In risk management, we ask ourselves—what may help or hinder our ability to achieve our goals. Personal Goal Examples To maintain my exercise of 3 times per week for 45 minutes through the end of the year.

Risk Management 261

Risk Management Risk Monitoring Process 261

ProjectManager.com

JULY 7, 2021

Communication planning is the process of laying out how communication will take place between team members and stakeholders, whether it be on a project, in an organization or both. In other words, managers use a communication plan to create a formal process for sharing information. What Is Communication Planning? Communication Method.

Planning 457

Planning Energy Executing Leadership 457

Rebel’s Guide to PM

FEBRUARY 22, 2021

Work on what you can manage, and put a process in place for adapting to future changes. This exercise will give you a baseline for the project’s requirements. Any changes after this need to be assessed and taken through the change control process. Create (or review) the change control process. Project risks.

Controlling 318

Controlling Agile Risk Management Process 318

Project Risk Coach

MAY 13, 2016

Project managers may fail to achieve their project objectives because they don’t know how to take a look backward and forward at their risks. Project managers can use risk audits to look backward and risk reviews to look forward. Theodore Roosevelt” How to Look Backward (Risk Audit).

Risk 150

Risk Risk Management Controlling Closing 150

ProjectManager.com

SEPTEMBER 5, 2019

Project managers know the risks inherent in any project. They spend time considering what might go wrong and setting up a plan to respond to those risks. Risk management is important, of course, but there’s an even more rigorous process that can be done to make sure the project stays on schedule, under budget and delivers quality.

Software Review 264

Software Review Risk Management Risk Monitoring 264

Rebel’s Guide to PM

APRIL 17, 2024

Perhaps your work is very linear so it’s so obvious you don’t need to go through the exercise of working it out. It is a process whereby you calculate the early start, early finish, late start and late finish of each task. Contingency plans form part of your overall project risk management. For simple schedules, you might not.

Critical Chain 354

Critical Chain Software Review Budget Estimate 354

Rebel’s Guide to PM

FEBRUARY 17, 2020

I know that a lot of project management is administrative, but I’m not paid for my ability to fill in a risk log. I’m paid because I’m good at leading the work to manage the risks on that risk log so that my project and my company aren’t caught out because of them. You hold those mini-processes in your head.

2030 334

2030 PMO Risk Management Risk 334