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Uncovering the Benefits of Clear Risk Statements

Project Risk Coach

I've looked at many risk registers through the years, and I've had difficulty understanding the risks many times. The risk statements were vague and lacked consistency. In this article, let's explore the benefits of clear risk statements. An accurate picture of one’s risk is important for making sound decisions.

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What are the Risk Management Roles in Projects and Programs?

Project Risk Coach

This article will provide clear guidance on how to define and assign risk management roles and responsibilities for projects and programs. Ensuring that all of the risks are addressed can be a daunting task, particularly for larger, complex projects. How can we find a better balance? Click Here Now.

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PMBOK® Seventh Edition Principles and Risk Management

Project Risk Coach

This edition is a principles-based guide as opposed to the process-based guide of the Sixth Edition. In this article, let's look at each principle and why each one matters with respect to managing risks. Create a Collaborative Project Team Environment 3. Build Quality into Processes and Deliverables 9.

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Risk Management Process Explained (+resources, templates)

PM Basics

I’ve been managing software development projects for more than 11 years. Risk management is arguably the most crucial piece in my project management approach. Therefore, I spent lots of time and effort creating a practical risk management process. You’ll get the whole risk management process below.

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PMOs Shifting from Watchdogs to Strategic Enablers

Project Risk Coach

In this article, we will explore why this happens and what it takes for PMOs to become strategic enablers. The CEO may not engage the PMO manager in the strategic planning process. Identify the most significant strengths, weaknesses, opportunities, and threats of project management in the organization. Ask for Feedback!

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How to Overcome 12 Common Requirements Mistakes

Project Risk Coach

Or perhaps your team said they had gathered the requirements, but in reality, the team had hastily rushed through the requirement process resulting in rework, missed deadlines, and another blown budget. If you want to improve your project success, improve your requirements processes. Poor requirements change process.

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How to Recover A Troubled Program

Rebel’s Guide to PM

There’s only one thing worse than being told bad news, and that is being told about bad news late. Technical failure: this creates a program integration risk as what you are building might not sit in the organization’s architecture any longer. Using an outside assessment team creates objectivity.