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. Do Project Managers Really Control 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!

Software Review 307

Software Review Certification 2024 PMO 307

Project Risk Coach

MAY 24, 2021

Many project managers feel overwhelmed with emails, phone calls, and meetings. Although we are all given the same amount of time each day, some project managers are able to produce greater value for their organizations. Problem #1: I am spending more time managing issues than managing upcoming project activities.

Underperforming Technical Team 397

Underperforming Technical Team Energy Risk Management Risk 397

Project Risk Coach

JUNE 28, 2021

Use your interpersonal skills to influence the resource manager and others who select the team members. Encourage collaboration early by facilitating team discussions, problem-solving, and brainstorming exercises. The post How to Improve the Performance of Your Project Teams appeared first on Project Risk Coach. How About You?

Influencer 397

Influencer Executing Risk Management Initiating 397

Rebel’s Guide to PM

APRIL 10, 2023

Keeping track of problems on projects is really important if you want to come across as a professional project manager. I use an issues log (it’s an Excel spreadsheet) to make sure I record, remember and manage all the issues on my projects. Why not plan for them just in case on your risk register? Do you want it too?

Technical Review 402

Technical Review Risk Management Budget Risk 402

ProjectManager.com

MAY 19, 2022

Project execution’s key purpose is to complete the work defined in the project management plan and to meet key project objectives. During this phase a project leader will focus on these key processes: Managing people. When you’re executing a project, you need to manage a lot of things: resources, costs, schedule and more.

Executing 514

Executing Project Life Cycle Software Review Technical Review 514

ProjectManager.com

JUNE 16, 2021

Monitor, track and report on the solution: Project management software can facilitate this step. 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. The root cause is the methodology that has not properly managed the project.

Monitoring 540

Monitoring Sustainability Defining Process 540

Rebel’s Guide to PM

NOVEMBER 4, 2022

Project management has so many challenges to solve every day, so having a toolbox of techniques (and the right attitude) will help you deliver projects successfully. Given that it deals with the big problems facing organizations, I think the course is best for senior project managers, program managers, and portfolio leaders.

PMI 443

PMI Technical Review 2021 Underperforming Technical Team 443

Project Risk Coach

OCTOBER 23, 2021

Some project managers have a defensive mindset. 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. Table Of Contents.

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

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 7, 2016

How’s your project risk management knowledge? Some of you are a certified Project Management Professional (PMP) or as a Risk Management Professional (PMI-RMP) so this test may be a good review for you. If you are preparing for the PMP or PMI-RMP exam, this exercise will certainly be helpful. Secondary risk.

Risk Management 150

Risk Management Risk PMI Executing 150

Project Risk Coach

JUNE 17, 2016

Mark Langley, President and CEO of the Project Management Institute (PMI), penned a great article entitled Using Project Management to Reduce Risk. Indeed, “high-performing companies manage risk in conjunction with projects and programs far more often than low performers do.” Next, educate your leaders.

Risk Management 150

Risk Management Risk Influencer PMI 150

Rebel’s Guide to PM

JUNE 25, 2020

Are you biased as a project manager? In this article we’ll talk about the different types of bias in project management. A project manager is the linchpin of a successful project. Let’s look at what heuristics and biases exist in management and what we can do to reduce their impact on our projects.

Technical Review 492

Technical Review 2007 Finance Estimate 492

LiquidPlanner

MAY 24, 2022

If project management were an off-road 4×4 expedition, where teams had to plot a course through the unknown, cost and schedule contingency would be akin to the number of spare fuel cans you can carry successfully to complete the trip. Risk is not solved with a calculation. Are there unexpected risks now emerging?

Risk Management 158

Risk Management Risk 2003 2007 158

ProjectManager.com

APRIL 10, 2019

That description can also fit your typical project manager, which makes sense because launching a business is a project. The second difference is that few entrepreneurs have training in project management. So, managing the project that is launching a new business can be a little haphazard! De-Risk Your Business.

Risk Management 360

Risk Management Controlling Agile Risk 360

Rebel’s Guide to PM

SEPTEMBER 27, 2017

This article, 10 Things New Project Managers Should Know , first appeared on Girl's Guide to PM. It would be nice to think that every company has a formal mentoring scheme, and that you can tap into the experience of other project managers through this. Manage Scope. Project management has a lot of jargon.

Risk Management 414

Risk Management Underperforming Technical Team Certification Risk 414

Project Risk Coach

JANUARY 21, 2019

If you say the word “risk” to ten people, each person may think of something different— insurance, threats, investments, bets, or potential loss. As we manage project teams, it's critical that you and your team members have a common understanding of what project risk means. Next, agree on a definition for project risk.

Risk 331

Risk Risk Management Defining Planning 331

Project Risk Coach

DECEMBER 26, 2017

Successful project managers have a common trait – they identify and manage risks. Let’s look at seven tools and techniques to identify risks. Often project managers start with a splash. They get the team together, identify lots of risks, and enter them into an Excel spreadsheet. When to Identify Risks.

Risk 306

Risk Software Review Risk Management Energy 306

Project Risk Coach

APRIL 18, 2021

One of the reasons that project managers fail to properly estimate their projects is they miss key activities when developing their schedules. Whether we are creating a Pixar movie , a building, a highway, or a service center, wise project managers break down their projects into pieces. Why does this happen?

Estimate 397

Estimate Risk Management Initiating Defining 397

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 reassessment.

Controlling 290

Controlling Risk Technical Review Performance Measurement 290

Project Risk Coach

MAY 3, 2021

Brainstorming A senior leader asked Jane to manage a project to implement a new insurance policy administration system. 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.

Estimate 370

Estimate Finance Budget Risk Management 370

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. We’d love to hear from you.

2018 314

2018 Risk Management Energy Risk 314

Rebel’s Guide to PM

APRIL 1, 2019

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide – Sixth Edition. All the things you need to know and do for successful risk management, for example, are bundled under the Risk Management Knowledge Area. So how many knowledge areas are there in project management?

PMI 387

PMI Risk Management Risk Estimate 387

Rebel’s Guide to PM

JANUARY 8, 2024

It would be nice to think that every company has a formal mentoring scheme , and that as a new project manager you can tap into the experience of more experienced people. As a result, people managing projects for the first time often find themselves making mistakes. Learn the vocab Project management has a lot of jargon.

Risk Management 335

Risk Management Underperforming Technical Team Risk Controlling 335

Rebel’s Guide to PM

MAY 31, 2023

Project managers know that cooperation boosts productivity on projects and is beneficial in a team environment. Teamwork ensures that resources are well-managed and less time is needed to complete a project. And if that wasn’t enough, here are 10 reasons why teamwork is vital to effective project management.

Risk Management 313

Risk Management Leadership Risk Innovation 313

Project Risk Coach

MARCH 22, 2021

Project managers encounter conflict regularly over schedules, project priorities, human resources, requirements, and technical opinions, to name a few. I once managed a project where the organization wanted to create a customer service representative (CSR) position for 158 remote locations. What are the options for managing conflict?

Influencer 397

Influencer Leadership Risk Management Risk 397

Rebel’s Guide to PM

MARCH 22, 2023

Are you ready to dive into my Google Project Management: Professional Certificate review? I’ve done a lot of project management training in my 20+ years as a project manager, and those courses helped me understand the skills, tools and techniques required to succeed leading projects.

Certification 458

Certification Software Review Project Life Cycle Risk Management 458

ProjectManager.com

DECEMBER 19, 2019

Stakeholders: Whether they’re clients, vendors, upper management, departmental leaders or other contributors to the project, meet with them. Don’t forget to include a risk management plan. Discern the risks and issues associated with each solution. Now, it’s not just an exercise to appease senior leadership.

Underperforming Technical Team 492

Underperforming Technical Team Project Life Cycle Leadership Initiating 492

Project Risk Coach

MAY 20, 2016

Many project managers feel overwhelmed with emails, phone calls, and meetings. Although we are all given the same amount of time each day, some project managers are able to produce greater value for their organizations. The problem: I am spending more time managing issues than managing upcoming project activities.

Energy 247

Energy Underperforming Technical Team Risk Management Risk 247

Project Risk Coach

JULY 5, 2017

I have had the privilege of managing two PMOs, both composed of several project managers. It was always interesting to watch—the best project managers were the ones who had a habit of identifying risks, both threats and opportunities. Rather, they had a habit of reevaluating their projects with an eye toward new risks.

Risk 255

Risk Risk Management Initiating Planning 255

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. Your mission statement is the foundation of your Project Management Office. Be passionate about project management.

PMO 367

PMO Technical Review Information Technology Governance 367

ProjectManager.com

SEPTEMBER 13, 2018

By all means, read about what makes a great leader, but temper that cerebral exercise with something you can really sink your teeth into. It’s a great exercise to learn how to work with limitations, and it involves planning , risk-taking and communications, all the basic skills of leading a project. Yes, games. Shape Shifting.

Leadership 66

Leadership Influencer Monitoring Risk Management 66

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. The post How To Write Clear Project Goals appeared first on Project Risk Coach.

Risk Management 261

Risk Management Risk Monitoring Process 261

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. However, project managers should know about their project’s critical path, especially if there are lots of dependent tasks and the dates are a challenge. Contingency plans form part of your overall project risk management.

Critical Chain 354

Critical Chain Software Review Budget Estimate 354

Rebel’s Guide to PM

AUGUST 18, 2020

It looks out for risks. Instead, start with some team exercises to warm up people’s brains and help them realize that they are in a safe space where it’s OK to make suggestions. As a manager, you’re in a good place to support their goals, even if they don’t directly report to you. Celebrate small wins.

2014 408

2014 Energy Innovation Risk Management 408

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. When sponsors choose to ignore stakeholders or purposely keep them out of the charter process, risk increases. This is not a documentation exercise!

PMI 299

PMI Initiating PMO Risk Management 299

Project Risk Coach

DECEMBER 3, 2018

So, how do project managers actually use this tool? For instance, a project manager may ask a project team to identify reasons why a project is behind schedule. Next, the project manager asks the team to sort the ideas into groups. Identify and sort: Project risks. Causes of risks. Responses to risks.

Risk Management 268

Risk Management Defining Risk Process 268