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

Project Risk Coach

AUGUST 9, 2021

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.

Underperforming Technical Team 397

Underperforming Technical Team Initiating Risk Management Closing 397

Project Risk Coach

MAY 24, 2021

Develop a risk management plan – define how you and your teams can identify, evaluate, respond to, and control risks. Teams should take preventative measures to minimize issues and develop contingency plans for risks that may become issues. When asked about his exercise, Tom says, “I don’t have time.”

Underperforming Technical Team 397

Underperforming Technical Team Energy Risk Management Risk 397

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

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

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

JUNE 28, 2021

Encourage collaboration early by facilitating team discussions, problem-solving, and brainstorming exercises. Lastly, as you plan your next project meeting, use a facilitation technique such as a problem-solving exercise that will improve your team’s interaction. Be intentional in your communication and collaboration. How About You?

Influencer 397

Influencer Executing Risk Management Initiating 397

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

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

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

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

MAY 3, 2021

She facilitated the round robin exercise asking each participant for their top three. The post 3 Ways to Improve Cost Estimates with Your Teams appeared first on Project Risk Coach. She continued the second and subsequent rounds until all of the ideas had been captured. Why do the disagreements exist?"

Estimate 370

Estimate Finance Budget Risk Management 370

Rebel’s Guide to PM

APRIL 10, 2023

This is very helpful during a retrospective or lessons learned exercise, because it saves time if you hit similar problems again. The issue register for a similar project can also give you some key risks for future projects — perhaps you’ll see the same problems again? Project Workbook and Budget Tracker $6.00

Technical Review 402

Technical Review Risk Management Budget Risk 402

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. The post How to Create a Work Breakdown Structure appeared first on Project Risk Coach. The lowest level is called a work package. Lastly, distribute the WBS to your team for feedback.

Estimate 397

Estimate Risk Management Initiating Defining 397

ProjectManager.com

JUNE 16, 2021

This exercise a deeper dive into the problem and its causes, rather than accepting the first answer, and brings you closer to what is actually causing the problem. ” A: The hybrid methodology has gaps… This question and answer exercise leads to the root cause of the missed deadlines problem. ” over and over again.

Monitoring 540

Monitoring Sustainability Defining Process 540

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

ProjectManager.com

MAY 19, 2022

Conduct Team-Building Exercises. Team-building exercises is a way to upstart trust, especially for new teams that don’t have a lot of shared experience. You should have developed a risk management plan during the planning phase. Proper execution only occurs when teams work together.

Executing 514

Executing Project Life Cycle Software Review Technical Review 514

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. It’s full of very practical exercises that you can use in any kind of workshop, whether small groups, large groups, or virtual. To get the most out of the course, you need to do all the exercises.

PMI 443

PMI Technical Review 2021 Underperforming Technical Team 443

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

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

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 Y axis is "remaining risk/uncertainty" in either the Business/Requirements/Technology domains.

Underperforming Technical Team 166

Underperforming Technical Team Risk SCRUM 2013 166

Rebel’s Guide to PM

JANUARY 30, 2024

Employers also see reducing risk as a benefit. In my article on how to convince your boss to go (or stay) remote , I shared research on how 73% of managers reported reduced risk with flexible work, as employees can work regardless of bad weather, illness, and various other factors.

2018 314

2018 Risk Management Energy Risk 314

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. There’s a risk that someone on the team will keep telling you that everything is on track and it’s only when it is too late to do anything about it that you’ll realise they were wrong. Manage Risk.

Risk Management 414

Risk Management Underperforming Technical Team Certification Risk 414

Rebel’s Guide to PM

JUNE 25, 2020

Afterwards, in a second exercise, students conduct a rigorous stakeholder analysis mitigates and realize that the tension was the result of anchoring heuristics. His specialty is high-risk projects, where he prevents failure or helps projects to recover from failure.

Technical Review 492

Technical Review 2007 Finance Estimate 492

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

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

Project Risk Coach

MARCH 22, 2021

Turn Conflict into a Problem-Solving Exercise You can help stakeholders resolve the conflict by reframing the conflict as a problem-solving exercise. The post How to Manage Stakeholder Conflict appeared first on Project Risk Coach. There's less likelihood of stakeholders undermining the decisions later.

Influencer 397

Influencer Leadership Risk Management Risk 397

Project Risk Coach

DECEMBER 31, 2019

Undertake a team-building exercise. Wise leaders know how and when to inject team-building exercises. Facilitate a problem-solving exercise, develop a work breakdown structure , or identify ways to improve project communication. The post 10 Simple Ways to Improve Your Project Meetings appeared first on Project Risk Coach.

Underperforming Technical Team 259

Underperforming Technical Team Energy Innovation Monitoring 259

Project Risk Coach

MAY 20, 2016

The answer is grounded in a simple assumption: Successful project managers proactively identify project hazards – the things that increase the probability and impact of risks – and take action. Develop a risk management plan – define how you and your teams can identify, evaluate, respond to, and control risks.

Energy 247

Energy Underperforming Technical Team Risk Management Risk 247

Rebel’s Guide to PM

MAY 31, 2023

Teamwork encourages risk-taking Working as a team encourages risk-taking. When you shoulder the responsibility yourself, you may be inclined to take fewer risks because the personal and professional consequences of failure. Additionally, risk identification is easier as there are more perspectives to draw from.

Risk Management 313

Risk Management Leadership Risk Innovation 313

Rebel’s Guide to PM

JANUARY 8, 2024

From baselines to Gantt charts, work breakdown structures to risk sensitivity analysis, there are so many new terms to get to grips with. I’ve explained risks to departments in a way they can get it and help come up with mitigating actions. Don’t ignore them: learn how to manage project risk.

Risk Management 335

Risk Management Underperforming Technical Team Risk Controlling 335

Rebel’s Guide to PM

APRIL 1, 2019

All the things you need to know and do for successful risk management, for example, are bundled under the Risk Management Knowledge Area. In other words, you can’t “do” schedule management and ignore what the impacts of that might be on people, risk, communications, cost and the rest. 10 Knowledge Areas of Project Management.

PMI 387

PMI Risk Management Risk Estimate 387

Project Risk Coach

AUGUST 5, 2019

When sponsors choose to ignore stakeholders or purposely keep them out of the charter process, risk increases. Online Course: The What, Why, & How of Powerful Project Charters One of the best ways to reduce communication risks early in your projects is by writing project charters. This is not a documentation exercise!

PMI 299

PMI Initiating PMO Risk Management 299

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

Project Risk Coach

DECEMBER 3, 2018

Identify and sort: Project risks. Causes of risks. Responses to risks. When you complete the exercise, the team should have a deeper and more comprehensive understanding of the issues. The post How to Create a Project Affinity Map appeared first on Project Risk Coach. Here are some examples. Problem-solving ideas.

Risk Management 268

Risk Management Defining Risk Process 268