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.

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Project Risk Coach

JANUARY 20, 2020

The Project Management Institute says, "high-performing companies manage risk in conjunction with projects and programs far more often than low performers do." How can you help your company manage risks and become a high performer? Let's look at ways to become a project risk management evangelist.

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The IIL Blog

FEBRUARY 28, 2024

By Jorgelina Bross-Puglisi February 28, 2024 Project Managers Have One Key Goal: Project Success By integrating risk management into project management processes, project managers can anticipate and respond to potential challenges, increasing the likelihood of project success. So why not ask AI to give us a hand?

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ProjectManager.com

JULY 17, 2024

Being able to identify them and their relationship to the project informs how to manage their expectations. There’s also a free stakeholder register template to download and use when managing stakeholders. Project management software can take a stakeholder register to the next level. What is a stakeholder register?

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Green Project Management

MAY 13, 2024

In recent years, Environmental, Social, and Governance (ESG) criteria have rapidly moved from the fringes to the forefront of global investment strategies, profoundly influencing how projects are evaluated, financed, and implemented.

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ProjectManager.com

JANUARY 21, 2019

It’s big business that’s involved in almost every sector of the economy, and therefore carries some major risks. Jennifer Bridges, PMP, shows you the importance of IT risk management in this short tutorial video. In Review – IT Risk Management Strategies and Best Practices. What is IT Risk Management?

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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?

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nTask

OCTOBER 4, 2022

To deal with risks successfully, each project manager should develop and implement a risk management strategy, plan, and tools at the start of each project. Mostly, People are bad at assessing risk. They allow biases to influence their decisions or emotions to stymie decision-making processes.

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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?

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Rebel’s Guide to PM

JULY 12, 2024

I don’t have the time (or the requirement) to take a certification course, but I’m always prepared to develop the project management competencies I need to succeed. In this article we'll talk about the top competencies for project managers and how you can develop your skills. If you feel the same, what should you be focusing on?

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Proofhub

JUNE 20, 2023

Small Business Risk Management If you’re thinking of starting a new business, learning how to start a t-shirt business or a marketing business is not going to be enough. Internal risk factors are those that are under a company’s control, while external risk variables are those that are beyond its control.

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Rebel’s Guide to PM

SEPTEMBER 8, 2024

They define salience as: the degree to which managers give priority to competing stakeholder claims. Project stakeholder management and saliency Project management relies on people: you need the project team to get things done, and that team might include members of different stakeholder groups.

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Rebel’s Guide to PM

MAY 9, 2018

It’s an edited extract from his book Risk Happens ! Group Think Introduces Risk. Therefore, with dissent discouraged, groups tend to endorse higher risk decisions than individuals would. Risky shift is the difference between the average risk taken by individuals and the risk taken by the group.

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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.” Educate stakeholders.

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Rebel’s Guide to PM

MAY 7, 2023

Project managers are often faced with the challenge of managing complex projects and ensuring that they stay on track. I’ll confess: when I started out as a project manager, this was a piece of jargon that honestly didn’t mean much at all? But what is an organizational process asset (OPA)? Think intranet or policy library.

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MPUG

JUNE 22, 2021

A recent survey of Microsoft Project User Group (MPUG) members found that one top concern for project managers using MS Project was how to manage issues and risks within the Project ecosystem. This is valid because topics like risk management can be contentious, and having multiple sources of the ‘truth’ does not help.

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ProjectManager.com

DECEMBER 7, 2023

These can influence the outcome of the project, program or portfolio so they must be managed. That’s why project managers and their teams need to take time to identify enterprise environmental factors that might influence their projects and figure out an action plan to mitigate or respond to them in a timely, effective manner.

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Rebel’s Guide to PM

AUGUST 5, 2024

Given that 33% of project managers say they don’t have time to do stakeholder engagement, it’s important to find some time back – and your register is the first step. By the end of this mini-lesson, you’ll be able to create a fab stakeholder register and use it to help you manage the project successfully.

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Leading Agile

MAY 11, 2021

In today’s environment, organizations are striving for business Agility, or else they risk being put out of business. In today’s blog, a continuation of the first in this two-part series, we’ll talk about building trust and influence, and initiating the trust-influence loop. If there is no risk, there is no need to trust.

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Kiron Bondale

SEPTEMBER 25, 2016

What are the implications to project risk management when you choose to deliver a project using an agile approach? Here are a few similarities: Risk needs to be managed through the project’s lifetime, not just at the very beginning. Risk bias and appetite need to be assessed when managing risks.

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Kiron Bondale

MAY 26, 2019

If it is a team which regularly completes more work than was forecast, this could be the result of traditional management oversight causing team members to act very cautiously when estimating their work. Poor risk management. So what happens when a team consistently misses their iteration forecasts by a significant margin?

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Rebel’s Guide to PM

AUGUST 9, 2021

Early on in my career, I had a call from the post room manager. We define it like this: The systematic identification, analysis, planning and implementation of actions designed to influence stakeholders. You probably don’t need to be told of the risks of not engaging stakeholders. Beyond the interest and influence grid.

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Project Risk Coach

FEBRUARY 7, 2022

Unfortunately, many Project Management Offices (PMOs) become nothing more than a watchdog, one that ensures compliance to a strict set of rules. Management sees it as a way to give oversight to all the programs and projects. Third, some PMO managers lack authority and relational influence in the organization.

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Rebel’s Guide to PM

MARCH 31, 2024

The most commonly used planning constraint method in project management was historically the “triple constraint” – time, cost and scope – sometimes known as the project management triangle or the “iron triangle” because it’s often shown as a triangle with the constraints at each vertex. What is the Triple Constraint?

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Planview

JULY 29, 2021

Risk management is one of the core project knowledge areas, an essential and ongoing process which can be described as the methodical process of identification, analysis and response to project risks involving several major phases which are similar to all projects. The Risk Analysis Process in Project Management.

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Project Pulse Journal

NOVEMBER 24, 2023

By: Dr. Michael Shick, MSPM, PMP, CSM Are you a project manager struggling to predict the risks in your projects accurately during planning? This is where Monte Carlo Simulation transforms the art of project risk management into a more precise science, as part of quantitative risk analysis.

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Rebel’s Guide to PM

SEPTEMBER 26, 2022

Mike Clayton defines risk as “uncertain events that can affect outcomes,” in his book, Risk Happens!: Managing Risk and Avoiding Failure in Business Projects. Risk management is the most important of your project controls. So what exactly is project risk management? It won’t.

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Rebel’s Guide to PM

MAY 30, 2024

Ever wondered what RAID is all about in project management? You'll hear project managers talking about their RAID logs as part of how to manage a project , or updating the RAID, but what does it all mean? In this article, we look at everything RAID -- and it's a key tool for project managers.

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Project Risk Coach

JULY 27, 2016

This is a guest post from Colin Gautrey, an author, trainer and executive coach who has specialized in the field of power and influence for over ten years. He combines solid research with deep personal experience in corporate life to offer his audiences critical yet simple insights into how to achieve results with greater influence.

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Rebel’s Guide to PM

SEPTEMBER 26, 2023

You can earn PDUs (professional development units) for ongoing certification renewal, such as for the Project Management Professional (PMP)®, from reading. I’ve read, I’m guessing, over 150 management books in my career, and you can read my book reviews if you want to trawl through the archives. What books qualify for PDUs?

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Rebel’s Guide to PM

FEBRUARY 13, 2023

Table of Contents Why is stakeholder management important to project success? What is stakeholder management? Reduce and Uncover Risk 3. Easier Project Closure Why is stakeholder management important to project success? What is stakeholder management? Your stakeholders can also help you identify new risks.

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Rebel’s Guide to PM

NOVEMBER 16, 2023

In our annual global survey , one in five (21 percent) respondents say they are using AI always or often in project management. For project professionals, we recommend exploring AI tools by first understanding what project tasks and deliverables can be automated easily and without risk.

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Binfire

NOVEMBER 8, 2024

Strong Influence in Purchase : TikTok can manipulate consumer buying decisions like magic. Switch to Business Account : Go to your profile, click on the menu (three lines in the top right corner), select “Settings and Privacy,” then “Manage Account,” and choose “Switch to Business Account.”

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Project Risk Coach

JUNE 14, 2021

This is a guest post from Colin Gautrey , an author, trainer and executive coach who has specialized in the field of power and influence for over ten years. He combines solid research with deep personal experience in corporate life to offer his audiences critical yet simple insights into how to achieve results with greater influence.

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Rebel’s Guide to PM

FEBRUARY 12, 2024

As a project manager, you are expected to have all-round skills encompassing the technical fields of project management like planning and scheduling, through to the interpersonal skills like communicating up and influencing others. Learn how to help your team manage risk so you can split the work between you.

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Scrum.org

JUNE 23, 2024

This article delves into the psychological factors influencing Estimation and how to leverage them for better outcomes. The Role of Cognitive Biases in Estimation Anchoring Bias: Anchoring occurs when an initial piece of information (the "anchor") unduly influences subsequent judgments.

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Project Risk Coach

MAY 24, 2022

Project managers are not just managers. Project managers shape and influence their project culture for good or bad. However, project managers must be deliberate in what we will tolerate and what we will not tolerate. Project managers must refuse to tolerate things that cause disorder, degradation, and uncertainty.

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