Remove Governance Remove Industry Remove Risk Management
article thumbnail

Project Risk Management: How-to guide (with tips)

Rebel’s Guide to PM

Risk management is a staple skill of project managers. As the project environments we work in get more and more complex, with greater levels of uncertainty and more transformative, disruptive projects, being able to deal with risk remains top of the list of desirable skills for managers in all areas of business.

article thumbnail

Professional Services Industry Fundamentals

ProjectManager.com

Professional services apply to a wide range of industries. The professional services industry is large and to better understand it, we define the term and provide examples of professional services firms. Finally, we demonstrate how upgrading to project management software adds efficiency to the process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Organizational Project Management (OPM) Basics

ProjectManager.com

Projects help execute those strategic plans, and organizational project management is the framework that aligns that work to the organization’s objectives. Let’s start by digging deeper into the definition of organizational project management and the various components that make it up. What Is Organizational Project Management?

PMO 466
article thumbnail

The Risk Management Process in Project Management

ProjectManager.com

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.

article thumbnail

ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Register today!

article thumbnail

How to Conduct a Change Readiness Assessment (Template Included)

ProjectManager.com

When managing projects, change management helps to avoid its negative effects, and a change readiness assessment is one of the ways how it does this. Being prepared for change helps to mitigate the risks associated with those changes. It might be a cliche, but those who ignore it are doomed to learn a lesson the hard way.

article thumbnail

Project Financing Basics: How to Fund a Project

ProjectManager.com

Project financing refers to the process of securing and managing the financial resources needed to execute a project. Most projects utilize a combination of financing methods, including bank loans, government grants, private investments and crowdfunding, to mitigate risks and maintain financial stability. toll roads, hospitals).

Finance 301