ProjectManager.com

JULY 21, 2022

Construction management at risk, also known as CM at Risk or CMAR, is a construction management approach that’s been gaining popularity. But that doesn’t mean CM at risk is right for you as there are pros and cons to this innovative approach. What Is Construction Management at Risk? CM at Risk Pros & Cons.

Construction 396

Construction Risk Management Risk Infrastructure 396

ProjectManager.com

NOVEMBER 14, 2024

Here’s a shot of the whiteboard for your reference! Data-Driven Decision Making While project managers have always applied data to their decision-making, the more accurate, real-time insights and tools that have become available are influencing them with increased objectivity, proactive risk identification and predictive analytics.

Underperforming Technical Team 397

Underperforming Technical Team Technical Review Artificial Inteligence Logistics 397

Rebel’s Guide to PM

JULY 20, 2023

Why use a Terms of Reference document? A Terms of Reference document is a really versatile document. What is a Terms of Reference document? A Terms of Reference is a short document that sets out the scope, boundaries, resources, objectives and constraints for a particular activity. It can be as formal as you like.

Technical Review 283

Technical Review Software Review Prince2 Budget 283

ProjectManager.com

OCTOBER 20, 2021

There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. It’s no wonder so much of project management is focused on risk! What is a Project Risk? Negative risk? Positive risk?

Risk Management 418

Risk Management Risk Planning Monitoring 418

ProjectManager.com

MARCH 14, 2025

Lessons learned typically cover areas such as project planning, risk management, communication, stakeholder engagement, resource allocation and overall execution. Topics typically include project planning , execution, communication, risk management and stakeholder engagement.

Software Review 221

Software Review Development Team Review Risk Management Risk 221

ProjectManager.com

MARCH 6, 2025

These projects are conducted on a small scale to minimize risks and costs, and this test phase is used to evaluate the effectiveness of an idea before full deployment. Its a learning opportunity, which helps identify issues, gather data and make improvements, as well as mitigate risks by detecting failures early.

Risk Management 332

Risk Management Manufacturing Construction Telecoms 332

ProjectManager.com

DECEMBER 25, 2024

Risk Management A decision flowchart for risk management maps out potential risks and the steps to address them. Start with a risk event and add decisions. Each path leads to migration actions or contingency plans, ensuring proactive and systematic risk handling.

Process 370

Process Risk Management Budget Risk 370

Rebel’s Guide to PM

AUGUST 29, 2021

Risks matter. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

Risk 349

Risk Technical Review Risk Management Estimate 349

ProjectManager.com

FEBRUARY 4, 2025

It refers to the process of building, renovating or remodeling homes and other living spaces. Commercial Construction Another one of the types of construction is commercial , which refers to the building, renovation or expansion of structures intended for business purposes rather than residential living. Learn more 2.

Construction 388

Construction Software Review Transportation Infrastructure 388

Binfire

SEPTEMBER 19, 2024

Just like project managers prepare for unforeseen risks in their professional endeavors, wedding planners and couples must anticipate and manage potential issues that could arise before or during the big day. Here’s how you can identify, assess, and manage risks in wedding planning.

Risk Management 131

Risk Management Risk Planning Logistics 131

ProjectManager.com

JANUARY 30, 2025

It ensures the project aligns with its goals and timeline and serves as a reference for high-level reporting to stakeholders. It is also used for managing risks, tracking progress and adjusting timelines. Potential Risks: High-level view of risks that might affect the timeline.

Software Review 363

Software Review Manufacturing Monitoring Executing 363

ProjectManager.com

OCTOBER 14, 2024

PDCA: Plan, Do, Check, Act PDCA, or plan, do check and act, is also referred to as the Deming Cycle. You can uncover areas ripe for improvement by conducting a process audit to discover where issues and risks lurk. Apply impact and risk analysis. This helps businesses adapt to change, reduce costs and improve quality.

Process 418

Process Technical Review Software Review Manufacturing 418

ProjectManager.com

MARCH 4, 2025

Method statements are commonly used in construction, engineering, manufacturing and high-risk industries, where detailed planning and risk management are essential. When project teams follow a well-structured method statement, they can reduce risks, improve efficiency and ensure compliance with industry standards.

Software Review 354

Software Review Transportation Construction Risk Management 354

Rebel’s Guide to PM

SEPTEMBER 7, 2024

Did you know that 56% of your project budget might be at risk due to poor communications? Key decisions documentation - provides a mechanism for documenting and distributing key decisions with the project team for future reference. We know that all projects use finite resources to achieve an objective. who support it.

Communications Management 312

Communications Management Underperforming Technical Team Cadence Monitoring 312

ProjectManager.com

JULY 5, 2024

In business, it can be due to risks to the company or just not wanting to change the way things have always been done. Cognitive Resistance Cognitive resistance to change refers to cognitive dissonance about the change. It’s important to push back against complacency, especially in business.

Software Review 458

Software Review Construction Change Management Controlling 458

ProjectManager.com

OCTOBER 30, 2024

Professional services refer to specialized services provided by individuals or firms that need specific expertise skills and qualifications. Then there’s the risk that clients and stakeholders will alter their expectations mid-project due to new information, market changes or internal dynamics. What Are Professional Services?

Software Review 391

Software Review Underperforming Technical Team PMO Consulting 391

ProjectManager.com

DECEMBER 12, 2024

The earlier problems are spotted, the easier it is to implement corrective measures and reduce risk. This means its easy to identify issues early and make data-driven decisions regarding budget adjustments, resource allocation or risk mitigation efforts. Its also important to get stakeholder approval so everyone is in alignment.

PMO 370

PMO Monitoring Software Review Budget 370

ProjectManager.com

NOVEMBER 7, 2024

The bid proposal template, if approved by the client, can serve as a reference later to clarify terms and conditions when a formal contract is written up. It outlines the benefits, costs and risks associated with the proposed project. Risk Register Template Another common part of a bid proposal template is a risk register.

Construction 370

Construction Software Review Estimate Budget 370

Scrum.org

MAY 20, 2024

According to the 2020 Scrum Guide , “Scrum employs an iterative, incremental approach to optimize predictability and to control risk.” The Scrum guide calls out predictability and controlling risk as the two main benefits. In this article, I want to focus on incremental delivery’s impact on risk.

Controlling 214

Controlling Risk SCRUM 2020 214

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

Rebel’s Guide to PM

MARCH 18, 2021

You might also here artifacts referred to as templates, documents, outputs or deliverables, but in all cases they relate to the work of managing the project, not the thing you are creating as the output of the project. Assumption log Risk register Backlog (see, agile project artifacts are relevant too) Stakeholder register.

Logistics 511

Logistics Artificial Inteligence PMI Project Life Cycle 511

ProjectManager.com

AUGUST 29, 2023

Its main purpose is to serve as a reference that is compared against the project performance once the execution phase begins. F – Project Management Terms Fast tracking This refers to a technique project managers use to speed up their projects. To learn how to write a feasibility study, read Jason Westland’s post.

Software Review 418

Software Review Underperforming Technical Team Lean Event Chain 418

Rebel’s Guide to PM

FEBRUARY 17, 2025

You could be the project sponsor for significant high-profile projects with far-reaching impact, political sensitivities or business criticality, and high-risk dependencies across the business. Ensuring that all project management best practices are followed including effective change control and risk management.

Certification 275

Certification PMO Prince2 Leadership 275

ProjectManager.com

FEBRUARY 3, 2022

The project management charter serves as a reference document. Remember, the sections outlined below should be short because they refer to more detailed project planning documents, such as a scope statement , project budget, risk management plan or request for proposal. Log Key Project Risks.

Risk Management 521

Risk Management Budget Software Review Defining 521

ProjectManager.com

JUNE 4, 2021

Our construction daily report template allows you to track activity and record it for future reference. This creates a messy collection of information, rather than a clear-cut record to reference. Risk Register Template. No project comes without risk, especially a construction project. Construction Daily Report Template.

Construction 448

Construction Estimate Risk Management Software Review 448

The IIL Blog

OCTOBER 16, 2024

By Rick Lemieux – Co-Founder and Chief Product Officer of the DVMS Institute October 16, 2024 Cyber risk and resilience have emerged as critical considerations for individuals and organizations. The NIST Cybersecurity Framework (CSF) is a voluntary framework that helps organizations manage cybersecurity risks.

Technical Review 78

Technical Review Risk 2015 Governance 78

Scrum.org

JUNE 19, 2024

With its flexible and iterative nature, Scrum helps identify risks in product development. Events are feedback loops and opportunities to mitigate risks through transparency, inspection and adaptation. Scrum addresses this risk through regular sprint reviews where stakeholders provide feedback in shorter loops.

Risk Management 203

Risk Management Risk SCRUM 2024 203

ProjectManager.com

APRIL 30, 2021

This template includes major details such as an executive summary, project milestones, issues, risks and past and future projections. It doesn’t make sense to present potential risks and changes to stakeholders before they’re hooked with the executive summary. Risk Register Template. Change Log Template.

Risk Management 397

Risk Management Risk Executing Software 397

Rebel’s Guide to PM

MAY 3, 2022

Reference the business case and any prior documentation. It’s always easier to reference other documents than try to reproduce them in here. In this part of the document include or at least make reference your product breakdown structure, and Work Breakdown Structure if you have them, major deliverables, or other products.

Planning 362

Planning Software Review Risk Management Estimate 362

ProjectManager.com

JANUARY 15, 2025

Examples include Gantt charts , calendar views, workload management, custom and automated workflows, risk management, etc. Work Management: This refers to the process of planning, organizing and tracking the tasks, activities and resources involved in completing work efficiently and on time. Click here to start a free 30-day trial.

Software Review 369

Software Review 2025 Software Technical Review 369

Rebel’s Guide to PM

JUNE 15, 2022

The big risk as a project manager is that you hit all the project management success criteria: being on time and on budget, but what you deliver doesn’t meet the customer’s requirements. I’ve always written several different plans and then (sometimes) had a document that references them all.

Planning 443

Planning Software Review Sustainability Controlling 443

Project Risk Coach

APRIL 26, 2021

Wise project managers identify risks, estimate the cost for these risks, and create a contingency reserve. Furthermore, you may wish to set aside some money for the risks that no one knows about , sometimes referred to as unknown, unknown risks. Consequently, our cost increases. Create a management reserve.

Estimate 397

Estimate Risk Management Budget Controlling 397

ProjectManager.com

MARCH 25, 2025

Quantity takeoff (QTO) in construction refers to measuring and listing the quantities of materials, labor and resources required for a construction project. See who is overallocated or underutilized and balance the teams workload to keep them working at capacity without risking burnout. What Is Quantity Takeoff in Construction?

Construction 329

Construction Process Software Review Technical Review 329

ProjectManager.com

NOVEMBER 27, 2019

This is anything from a sentence to a bulleted list that is comprehensive to reduce major project risks. Project Risk Management. Risk management plans will identify how the risks will be itemized, categorized and prioritized. Now you’ll need to plan risk responses.

Risk Management 521

Risk Management Monitoring Estimate Technical Review 521

ProjectManager.com

AUGUST 10, 2022

To properly schedule the work to execute your project, you need to know the timeline, costs, scope, risk and more. These estimation techniques allow for a more accurate forecast of key elements in every project and include cost, time, scope, risk, resource and quality. They are cost, time, scope, risk, resource and quality.

Estimate 435

Estimate Software Review Risk Management Risk 435

ProjectManager.com

MAY 21, 2021

into a written form that is easy to understand and refer back to. Analyzing risks. This means no more jumping between different tabs and windows to refer back to key documents and correspondences. This is no simple task, and it involves time and effort. Then, the contract administrator puts these wants, needs, expectations, etc.

Process 501

Process Construction Finance Initiating 501

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