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12 Questions for Gaining Control of Your Risks

Project Risk Coach

Are you a project manager who focuses on gaining control of your project risks? Consequently, they know how to gain and maintain control of their project. In my last article, we looked at What Everybody Should Know About Controlling Risks. Remember the definition for controlling risks? ” When Do We Control Risks? 12 Questions for Gaining Control.

What Everybody Should Know About Controlling Risks

Project Risk Coach

However, project managers get busy as their projects progress and fail to control risks, resulting abandoned or wrecked projects. So, what does it mean to control risks? Here’s the Merriam-Webster dictionary definition: control: to direct the behavior: to cause to do what you want. Do Project Managers Really Control Risks? No one has absolute control over projects.

Maintaining control

Musings on Project Management

At "herding cats" there a good list of control elements in a posting I read, interesting enough that I offer the short version here: Short term feedback - what's happening right in front of me? What do I need to do NOW to maintain stability, to survive for the next 10 feet on the trail Long term feedback - I see things coming.[project project managers are paid the big bucks to see around corners! Project Management

The Origins of Scrum and Empirical Closed Loop Control

Herding Cats

This took me back since Scrum is derived from an empirical closed loop control system developed in the USAF by Col. And of course: Assessing the outcomes of the feedforward and feedback loops is the basis of all Closed Loop control system. See link below on Closed Loop Control). Closed Loop Control. I came across a couple of interesting tweets over the weekend.

GIVEAWAY: FREE 2 Ground Control DPM Conference Tickets!

The Digital Project Manager

We have teamed up with Ground Control 2017, an exciting new DPM conference in London, to raffle two free tickets! The post GIVEAWAY: FREE 2 Ground Control DPM Conference Tickets! Sign up to our email. appeared first on The Digital Project Manager. General

Podcast 71 – 10 Steps to Seize Control of Your Life

Fix my Project Chaos

About This Podcast: Are you feeling that you are out of control of you life? Not sure how to get yourself back in control? Babette Bensoussan, an executive coach, shares here expertise on how to recognise that your life is out of control and how to get it back on track, using a practical 10 step process. […]. The post Podcast 71 – 10 Steps to Seize Control of Your Life appeared first on Fix My Project Chaos. Podcasts project management softskills

Do we need a command and control approach to deal with this issue?

Ron Rosenhead

The episode, called ‘Lord John Marbury’,introduced a British diplomat who talked about one of the countries not having a ‘clear command and control structure.’ During the afternoon, I had asked a question: ‘What is monitoring and control like in your part of the business?’. How effective is monitoring & control? It had been a good day, a long day but a very successful day.

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Take Control of Your Career: Episode 77

PM for the Masses

We talk about PMI Salary Survey and the best way to take control of your career. The post Take Control of Your Career: Episode 77 appeared first on Project Management for the Masses. We talk about PMI Salary Survey and the best way to take control of your career. On this episode I speak with career coach Dev Ramcharan. On this episode I speak with career coach Dev Ramcharan. Podcast

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How to Look Backward and Forward at Your Risks

Project Risk Coach

Risk is like fire: If controlled it will help you; if uncontrolled it will rise up and destroy you.” For more help tips, check out my post 12 Questions For Gaining Control of Your Risks. 4=Control control risksProject managers may fail to achieve their project objectives because they don’t know how to take a look backward and forward at their risks. Think again.

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Do You Make These Quality Management Mistakes?

Project Risk Coach

Control charts. Failure to Engage Stakeholders in Quality Control. The quality control process includes inspections and reviews to ensure the quality standards have been met. We plan, assure, and control quality to benefit the project and to help us meet the project objectives, not for some administrative reason. Quality Management Mistakes. Failure to Define Quality.

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Closed Loop Control and Granularity of the Estimating Process

Herding Cats

For any closed loop control system ‒ let’s assume we want to manage our project with such a system ‒ has a signal representing the current state of the system. To control this process using feedback and corrective actions ‒ in the same way, your closed loop controller for your air conditioner or heater does - a sampling rate is determined based on the rate of change of the underlying processes. For your Honeywell or Nest controller on the wall, that sample rate is measured in seconds. Stochastic process control is the field of study. Closed Loop Control.

6 Practical Ways to Actually Improve Your Cost Management

Project Risk Coach

Perform change control. If you want to deliver your projects at or below budget, be sure to implement and use a change control process. 2=Planning 4=Control cost managementPMP Exam Series - Cost Management Think about it for a minute – what have you done in the last six months to improve your cost management? Review the projects you’ve completed in the last year.

Who Approves Your Project Change Requests?

Project Risk Coach

Your project may morph into a two-headed monster without an integrated change control process, resulting in adverse impacts to schedule, cost, and scope. If your organization has a Project Management Office (PMO), consult this group for standards and change control processes. Change Control Board. Another option is to create a Change Control Board (CCB). Project Sponsor.

The Social Project Manager

The Lazy Project Manager

Based on the book The Social Project Manager: Balancing Collaboration with Centralised Control in a Project Driven World – t his is the first in a series of 12 videos exploring the world of the Social Project Manager – https://youtu.be/A-kt2umTO2U?list=PLVmvTj_zUGUpvHh2X-Ex4kVkHP6n5PYYI. But for common purpose to be achieved there cannot be chaos. A-kt2umTO2U?list=PLVmvTj_zUGUpvHh2X-Ex4kVkHP6n5PYYI.

What is the Management Reserve for Project Budgets?

Project Risk Coach

Who Controls the Management Reserve? The project manager does not have control of the management reserve. It’s controlled by management, most typically the project sponsor or senior management. 2=Planning 4=Control budgetHow to budget for the unknown unknown risks Have you ever had a budget crisis due to the lack of a management reserve? Why Reserves are Needed.

What’s the Difference Between Validate Scope and Control Quality? [Snippet]

Project Risk Coach

What’s the Difference Between Validate Scope and Control Quality? The focus of validating scope is accepting the deliverables; controlling quality is concerned with the correctness of the deliverables (i.e., The post What’s the Difference Between Validate Scope and Control Quality? meeting the quality requirements for the deliverables). Snippet] appeared first on

Evaluating Project Schedules Utilizing Quantitative Risk Analysis

Project Risk Coach

2=Planning 4=Control ERM EMV project manager Qualitative Risk Assessment Quantitative Risk AnalysisDo you remember the first time you missed a project deadline? I do. I recall the embarrassment for me and my team. I promised myself I would take proactive steps to mitigate this outcome for future projects. Why do projects take longer than expected? Padding is a quick and dirty method. Risk B.

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Which project management template is the most important?

Ron Rosenhead

change control template. For example, one person who suggested the change control template was struggling to deal with the many changes in his project. project management training business case change control courses in project management PID project management project management templatesI responded by saying that this was the first time I had been asked this question.

Seven Ways to Respond to Your Greatest Risks

Project Risk Coach

Your credit card debt is getting out of control. 2=Planning 4=ControlYou and I encounter risks every day. Sometimes we actively respond; other times we passively accept the risk. Our decisions have consequences, moving us closer to success or creating greater uncertainty. Photo courtesy of Adobe Stock. Consider the following personal risks and responses: You feel a headache coming on.

What to Do When a Bad Moon is Arising on Your Project

Project Risk Coach

You’re not sure what the problem is, but you know things are out of control. For more tips on controlling risks, check out my article: 12 Questions For Gaining Control of Your Risks. 4=Control risk controlEver have this sinking feeling that a bad moon is arising on your project? Image courtesy of Abobe Stock (edited in Canva). You have an issue.

12 Wonderful Ways To Improve Your Risk Management

Project Risk Coach

Some project managers wait until things are out of control before they exercise risk management. 2=Planning 4=ControlJohn Smith was hired as a new project manager at a leasing company, and he was assigned a small project with a team of six people. The project goal was to reduce customer billing defects by 10% before the end of the year. Improving Risk Management. Ask for their help.

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How to Attack the Enemies of Scope Management

Project Risk Coach

And use your change control process for when changes are necessary. 2=Planning 4=Control requirements management scope managementWhy is scope management so difficult? What enemies cause us scope issues? Let’s take a look at each part of this statement. Enemy #1 – Not Including All the Work. What’s the result? The project manager may miss key deliverables.

Are You Making These Mistakes When Responding to Risks

Project Risk Coach

Experienced project managers know this truism – either you control your risks, or they will control you. 2=Planning 4=Control risk response plansSome project managers make timely responses to risks, resulting in positive progress toward their project goals; others act haphazardly, resulting in undesirable consequences. Photo courtesy of Adobe Stock (edited in Canva).

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How to Manage a Project Like No Other

Project Risk Coach

Taking Control of Your Aliens. 1=Initiation 2=Planning 3=Execution 4=ControlLife is filled with new adventures and experiences. Remember the first time you rode a bike, climbed a tree, or took a job. New adventures are exciting, but they can be filled with great uncertainty. Project managers may be asked to manage a project, unlike anything they’ve ever faced. Morphing Aliens.

How To Better Your Qualitative Risk Analysis

Project Risk Coach

2=Planning 4=ControlLast week, we looked at why we evaluate risks — it saves time and money by allowing us to focus on the risks that matter most. Before we look at HOW to improve your qualitative risk analysis, allow me to share one more quick example of WHY it’s important. Have you ever had a termite guy (you know — the guys from Bugs-R-Us or whatever) check your house?

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5 Ways You May Unintentionally Create Schedule Risks

Project Risk Coach

2=Planning 4=Control schedule managementThe Problems with Crashing, Fast Tracking, and other Schedule Compression Techniques How do project managers unintentionally create schedule risks? As a result, perhaps you feel a cloud of uncertainty about your schedule. Image courtesy of Adobe Stock. Many times, it starts with pressure from a sponsor to deliver the goods early. Crashing the schedule.

How to Identify and Manage Secondary Risks

Project Risk Coach

2=Planning 4=Control Risk Identification risk management plan risk owners Risk Register risk response plansHave you ever tried to address an issue and created a different problem? A response to risk can create other risks. These secondary risks may be more significant than the primary risks if we are not careful. Photo courtesy of Adobe Stock (edited in Canva). What is a secondary risk?

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How to Identify, Evaluate, and Respond to Sneaky Risks

Project Risk Coach

4=Control risk managementHow do you know when to respond to sneaky risks? Sometimes it’s obvious; other times you may experience a slow death march into ultimate ruin. Photo courtesy of AdobeStock.com. Part of our problem is unknown risks; these risks silently steal and kill over time. Even if we are aware of certain risks, we may be unsure of when to respond. How a Risk Can Sneak In.

Get Ahead of Your Risks

Project Risk Coach

2=Planning 4=Control risk managementHow to use key risk indicators Which would you prefer? To respond to risks after they occur or to see the risks early and take steps to prevent or reduce your risks? I’ll take the latter, thank you! Image courtesy of Adobe Stock. Project managers can get ahead of their risks by thinking differently. Living in the Real World. No boomerang child here!

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How to Respond to Your Risks From Different Angles

Project Risk Coach

Are you guilty of trying to control risks after they are full grown? The truth is — the homeowner should have sprayed a herbicide much earlier to have controlled the winter weeds. Of course, there are other ways to control weeds. Irrespective of the type of risk, look for ways to identify and control risks early. 2=Planning 4=ControlBad idea. Taking Action.

How To Better Your Quantitative Risk Analysis

Project Risk Coach

2=Planning 4=ControlHow can we better your quantitative risk analysis? Let’s talk about what it is, why it’s important, when you need to perform it, and a few techniques you can use. If you can’t see this video in your RSS reader or email, then click here. What is Quantitative Risk Analysis? A runner may describe his 5K race as a good race — a qualitative measure.

How to Keep Your Projects Financially Fit

Project Risk Coach

Let’s look for ways to monitor and control our cost more intentionally. 4 Ways to Control Cost and Keep Your Projects Financially Fit. According to the Project Management Body of Knowledge (PMBOK), the Control Cost process “is the process of monitoring the status of the project to update the project costs and managing changes to the cost baseline.” Answer: “One day at a time.”

How to Improve Project Requirements and Quality

Project Risk Coach

2=Planning 4=Control Project Quality Management Project Scope ManagementIs there a way to improve both project requirements and quality at the same time? Allow me to begin this discussion with an illustration. I recently needed a television mounted on the wall of my office. A fairly simple requirement, right? I told the handyman that I wanted the television to be head high.

Work Performance Data, Work Performance Information, and Work Performance Reports

Deep Fried Brain

Commonly Confused Concepts Executing Monitoring and Controlling PMBOK Process Groups Study NotesIn 2009, I did a series of posts on Work Performance Information, Work Performance Measurements and Performance Reports, highlighting how the PMBOK® Guide, Fourth Edition was utterly confusing.

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The Future of Project Managers

Green Project Management

In this episode, a skeleton Enterprise crew are assigned to test a revolutionary computer system that is given total control of the ship that in time would replace even the Captain. Yes, the image above represents the Star Trek M-5 Multitronic System from “The Ultimate Computer” (for you Trekkies). Could this be the future of project […].

It´s all about the impact of a project, not the deliverables!

IPMA

The project activities of the Core Team at Helvetas were setting up a project organisation, planning the project activities with all partners, such as training programmes, monitoring and controlling the progress and filing reports to the Government and the donors. In trainings project managers are often told that the main focus of a project is to deliver in time and in budget.

2017 111

Have You Left Anything Out of Your Project Plan?

Project Risk Coach

Define how you will plan, execute, and control scope. Define how you will plan, execute, and control the schedule. Define how you will plan, execute, and control the budget. Define how you will plan, execute, and control quality. Define how you will plan, execute, and control human resources. Define how you will plan, execute, and control communications.

Forecasting versus Estimating - are they Different or are they the Same

Herding Cats

Since Scrum is an empirical process, it is also shares its attributes with empirical process control systems. Project management and the management of work is a process control systems. And as a process it needs to be controlled. The control makes use of empirical data. Empirical Process control systems have three major attributes. [1]. empiricus, from Gk.

Increasing the Probability of Project Success

Herding Cats

and the connections between each Process are made to form a Closed Loop control systems needed to manage any project. Increasing the Probability of Project Success Simple in Theory, Complex in Practice. When we hear any suggestion about improving the probability of success of a project, there are some simple tests to confirm there actually is such a thing. Let's start with the Principles.

What they weren’t telling you when you took over that project…

Kiron Bondale

We have a project control book : Of course, no one looks and it because the content is very out-of-date. Lemon. When house hunting, savvy shoppers quickly learn the meaning of some seemingly innocent phrases found in listing descriptions. For example, lots of potential means that you will have to spend a lot of money to make the house livable. Caveat emptor.