Project Risk Coach

JUNE 20, 2022

In this article, let's look at each principle and why each one matters with respect to managing risks. Optimize Risk Responses 11. For example, one of the PMBOK® principles is to optimize risk responses. Risk Management Implications What happens when the project environment is not conducive to collaboration?

Risk Management 195

Risk Management Risk Technical Review Underperforming Technical Team 195

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. Allow me to share seven ways.

Risk Management 243

Risk Management Risk Influencer Leadership 243

Musings on Project Management

MARCH 7, 2023

NIST has issued, after long discussion and drafts reviewed, their risk management framework (RMF) for A.I. AI systems are designed

Risk Management 186

Risk Management Risk Influencer Engineering 186

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. But there’s only so much that they can do by themselves.

Risk Management 273

Risk Management Change Management Risk PMI 273

Kiron Bondale

JUNE 14, 2020

The author asked what needs to be considered when planning risk responses. The majority of the answers offered focused on characteristics of the individual risks themselves such as their probability, impact, ability to be responded to and so on.

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Risk Risk Management Influencer Governance 207

Project Risk Coach

OCTOBER 9, 2017

Perhaps these individuals are influencing you through a blog, online videos, online courses, or books. Grab a cup of coffee as I share seven influencers that I follow. His perspective on project and risk management is balanced and practical. I am grateful for these leaders and their influence in the world of project management.

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Influencer 2006 PMO PMI 150

LiquidPlanner

MAY 24, 2022

This notion of contingency analysis shows that when planning or budgeting, we must account for foreseeable risk and factor in the optimal route required with the minimum number of possible detours. Risk is not solved with a calculation. Project leaders need to ask: are some foreseen risks not occurring?

Risk Management 158

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Rebel’s Guide to PM

MARCH 31, 2024

Factors such as risks , resources (human and otherwise), expectations or even R&D or technology issues for ground-breaking tech projects can be considered as constraints. The 6 project constraints are time, cost, scope (as per the triangle) and then quality, risk and resources. Going live with innovative new solutions?

Risk Management 359

Risk Management Budget Risk Sustainability 359

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.

Risk Management 88

Risk Management Risk Influencer Process 88

Rebel’s Guide to PM

MAY 7, 2023

They might be influenced by market conditions (risk appetite statements might change, for example, if the market suddenly gets a lot more competitive). They serve the same purpose – to influence the context and environment for the project – except they are external influences instead of internal influences.

Process 422

Process Technical Review Software Review Influencer 422

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?

Risk Management 252

Risk Management Risk Technical Review Software Review 252

Leading Answers

JANUARY 16, 2021

This article explains what a risk-adjusted backlog is, why they are useful, how to create one and how teams work with them. What is a Risk-Adjusted Backlog? A risk-adjusted backlog is a backlog that contains activities relating to managing risk in addition to the usual features associated with delivering value.

Risk 145

Risk Underperforming Technical Team 2006 2012 145

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. You can perfect your business plan and have an up-to-date marketing strategy, yet there could be an event or situation that may loom on your business as an uncalled risk.

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Risk Management Risk Software Review Governance 78

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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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.” “Leadership is influence.

Risk Management 150

Risk Management Risk Influencer PMI 150

Project Risk Coach

FEBRUARY 7, 2022

Third, some PMO managers lack authority and relational influence in the organization. Engage in Strategic Risk Management Strategic risk management is a process for identifying, analyzing, and managing risks most critical to the achievement of your organization's goals. How will the PMO engage with the senior leaders?

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PMO Underperforming Technical Team Risk Management Energy 457

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.

Influencer 150

Influencer Risk Management Executing Risk 150

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.

Influencer 397

Influencer Risk Management Risk Executing 397

Kiron Bondale

MAY 26, 2019

Poor risk management. It would be very easy to write off such teams as undisciplined or immature but such judgments won’t help the situation. There could be many factors causing the team to fall short including: Underestimating work item effort or complexity. Insufficient dependency identification.

Influencer 197

Influencer Cadence Agile Estimate 197

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.

Risk Management 254

Risk Management Risk Underperforming Technical Team 2018 254

Rebel’s Guide to PM

AUGUST 9, 2021

We define it like this: The systematic identification, analysis, planning and implementation of actions designed to influence stakeholders. Where stakeholders feel negatively about projects and changes, engagement helps understand their position and influence their perception. Beyond the interest and influence grid.

Influencer 475

Influencer Risk Management Controlling Energy 475

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.

Finance 319

Finance Risk Management Budget Risk 319

Rebel’s Guide to PM

SEPTEMBER 26, 2023

Identifying and Managing Project Risk (4 th Ed) Author: Tom Kendrick. Identifying and Managing Project Risk is a big read at over 300 pages. There are some sections in it that cover enterprise risk management which you could justifiably claim in the Business Acumen section. PDU claim: 8 hours. PDU claim: 2 hours.

PMI 348

PMI Certification Sustainability Technical Review 348

Rebel’s Guide to PM

NOVEMBER 16, 2023

For project professionals, we recommend exploring AI tools by first understanding what project tasks and deliverables can be automated easily and without risk. You can also assess the projects you are working on to determine where you can begin implementing AI in risk-free ways.

ChatGPT 471

ChatGPT Generative AI Artificial Inteligence PMI 471

Project Risk Coach

MAY 24, 2022

Project managers shape and influence their project culture for good or bad. The post 10 Things Successful Project Managers Never Tolerate appeared first on Project Risk Coach. Project managers are not just managers. They’re leaders. Tolerance can be a great trait. Continue Reading.

Influencer 370

Influencer Risk Management Risk Leadership 370

Project Risk Coach

MAY 7, 2018

In this article, let’s look at five causes of schedule risks and ways to avoid or reduce these risks. As we work to develop and compress our schedules, let’s be aware of the common causes of risk. We will be in a better position to manage the risks and deliver our projects on schedule. Crashing the schedule.

Risk 150

Risk Risk Management Influencer Software 150

Rebel’s Guide to PM

FEBRUARY 13, 2023

Reduce and Uncover Risk 3. You know the drill – map influence and interest , then work to try to move any negative stakeholders into the quadrant where they should be through interesting communication approaches and stressing the project benefits for them. Your stakeholders can also help you identify new risks. Free Resources 2.

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Risk Management Finance Software Review Risk 438

Techno-PM

AUGUST 7, 2023

Introduction A risk report is a formal document that gives a systematic and complete summary of the potential risks that an organization's operations, initiatives, strategies, or external environment may face. Methodology Risk report follows a systematic methodology to provide an accurate and comprehensive analysis of potential risks.

Risk 36

Risk Risk Management Monitoring Technical Review 36

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.

Risk Management 78

Risk Management Risk Process Influencer 78

Project Risk Coach

DECEMBER 19, 2016

The Problems with Crashing, Fast Tracking, and other Schedule Compression Techniques How do project managers unintentionally create schedule risks? As we work to develop and compress our schedules, let’s be aware of the common causes of risk. 5 Causes of Schedule Risk. Image courtesy of Adobe Stock. Crashing the schedule.

Risk 150

Risk Risk Management Influencer Software 150

Rebel’s Guide to PM

MAY 20, 2022

One of the best training courses I attended for Project Management was on influencing strategies with Learning Tree. The course model stated that without trust, influence is almost impossible. She likes detail and to be aware of all project issues and risks. In short, try to get to know them and establish trust.

2016 365

2016 Influencer Risk Management Risk 365

Project Risk Coach

APRIL 5, 2021

Project Risk Management Plan Define how you will identify, evaluate, manage, and control risks. Project Stakeholder Management Plan Define how you will identify and record stakeholders, interest, needs, power, and influence. appeared first on Project Risk Coach. Determine your project life cycle.

Planning 379

Planning Project Life Cycle Defining Controlling 379

Rebel’s Guide to PM

SEPTEMBER 20, 2020

Leadership is that branch of management concerning the development, nurturing and utilization of influence as way of motivating others to some end or objective. If leadership is concerned with influencing and motivating people then project managers need to be skilled leaders, not just successful administrators.

Leadership 481

Leadership Influencer PMO Risk Management 481

Scrum.org

SEPTEMBER 6, 2023

Risk Assessment and Mitigation: Identify potential risks and plan strategies to mitigate them effectively. The Influencer Stance Influence shapes product strategy and direction. The Decision Maker Stance Effective decision-making drives product success.

Influencer 163

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Rebel’s Guide to PM

AUGUST 3, 2021

This is a measure of how much influence they have over actions and outcomes. Together, an assessment of these three elements can tell you how engaged a stakeholder is or will be in the work and how they could influence the project. This group has high power and also high legitimacy to influence the project.

Influencer 471

Influencer Governance Government Defining 471

Inloox

APRIL 16, 2024

The SWOT analysis is a strategic planning tool and provides a framework for evaluating internal and external factors influencing the success of a company or project. Assessment of threats It draws attention to potential external risks and threats that could negatively impact the project. What is a SWOT analysis?

Artificial Inteligence 100

Artificial Inteligence Underperforming Technical Team Technical Review Development Team Review 100

ProjectManager.com

OCTOBER 14, 2021

You need to be aware of the project environment and prepare for its influence on your project throughout the project management life cycle. The project manager must understand the project environment and proactively plan to manage the factors that might influence the project. It’s sort of like managing risk in that way.

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