Project Risk Coach

JUNE 19, 2017

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. How can project managers optimize their risk responses and get the results they are looking for? Risk Control Tools and Techniques.

Controlling 290

Controlling Risk Technical Review Performance Measurement 290

Rebel’s Guide to PM

JULY 2, 2024

It turns your work from average to outstanding, fixes problems, anticipates risks , and delivers better products and services, supporting the creation of superior solutions for customers and businesses. Creativity is the cornerstone of innovation. And it makes work more fun. So how can you put more creativity into your work day?

2014 345

2014 Energy Innovation Construction 345

Kiron Bondale

MARCH 3, 2019

A student in a project management class I taught shared the concern that it was very hard for her to get risk responses implemented. Acceptance is a risk response strategy, but project managers are not supposed to just report on accidents, they are expected to prevent them. But there’s only so much that they can do by themselves.

Risk Management 273

Risk Management Change Management Risk PMI 273

Rebel’s Guide to PM

JULY 12, 2024

If you don't talk about problems then you risk hitting your manager with bad news. Not doing the exercise to find out what lessons the team learned when a piece of work is done means you are unable to learn from your mistakes. You will not revise and standardize your processes. Not talking about problems Surprises are bad.

Underperforming Technical Team 301

Underperforming Technical Team Software Review Technical Review Leadership 301

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

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 546

Monitoring Sustainability Defining Process 546

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

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

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 516

Executing Project Life Cycle Software Review Technical Review 516

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 Project Life Cycle Risk Management 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

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 462

PMI Technical Review 2021 Underperforming Technical Team 462

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 Government Governance 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

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 399

Risk Management Controlling Agile Energy 399

NimbleWork

SEPTEMBER 23, 2024

Risk management is a cornerstone of successful project management, yet it’s often treated as an afterthought rather than a strategic imperative. Effective risk mitigation goes beyond simply reacting to problems as they arise; it involves anticipating potential issues and developing strategies to address them proactively.

Risk Management 64

Risk Management Risk Technical Review Underperforming Technical Team 64

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 355

Software Review Risk Management Risk Monitoring 355

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.

Underperforming Technical Team 419

Underperforming Technical Team Risk Management Certification Risk 419

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

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 405

PMI Risk Management Risk Estimate 405

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

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 398

PMO Technical Review Information Technology Government 398

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.

Underperforming Technical Team 368

Underperforming Technical Team Risk Management Risk Controlling 368

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 493

Underperforming Technical Team Project Life Cycle Leadership 2019 493

ProjectManager.com

DECEMBER 28, 2023

Workload analysis is part of the larger workload management and is an ongoing process throughout the execution of the project. ProjectManager is award-winning project management software that has resource management tools to keep teams productive without risking burnout and poor morale. That’s workload analysis. Here are a few.

Manufacturing 461

Manufacturing Monitoring Estimate Executing 461

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

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 397

Governance Government PMI Defining 397

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

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 467

Certification Software Review Project Life Cycle Risk Management 467

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

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 386

Critical Chain Software Review Estimate Budget 386

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 333

Controlling Agile Risk Management Process 333