Project Risk Coach

DECEMBER 4, 2022

Risk identification is an integral part of project risk management. It is essential for any project manager to know what risks might affect a project and navigate them. This article will examine the five techniques for risk identification. Techniques for Risk Identification 1.

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Risk Risk Management Budget Engineering 395

PM Times

NOVEMBER 8, 2022

Published on September 24, 2019 Every project is attached with a risk of failure. A risk can be a threat with a negative impact on the project principles or it can either be an […]. Hence, it should be your top responsibility to identify and plan ahead in order to avoid these points of failure.

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Risk Management Risk 2019 Planning 103

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.

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Risk Management Risk Controlling Artificial Inteligence 162

The IIL Blog

JANUARY 17, 2024

Frohnhoefer In the ever-evolving landscape of project management, staying ahead of the curve is not just beneficial—it’s imperative. As we step into 2024, the dynamics of project management continue to shift, demanding professionals to be agile, skilled, and strategically focused. Not sure where to begin?

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2024 Certification Leadership Innovation 167

Rebel’s Guide to PM

NOVEMBER 25, 2023

Projects can be a hotbed of conflict. From the difficult stakeholder who wants to undermine the project’s success to a disagreement about a feature of a deliverable, project work lends itself to workplace conflict situations. And project managers contribute hugely to that because we go out and look for it.

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Underperforming Technical Team Software Review Risk Management 2012 326

Online PM Courses

JUNE 18, 2023

Risk response strategies are the basic ways to handle project risks. This article examines all the risk strategies, what they mean, and when to use them. The post Every Project Management Risk Response Strategy: Are there 6, 7 or more? appeared first on OnlinePMCourses.

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Risk Management Risk PMI 85

Rebel’s Guide to PM

JANUARY 23, 2023

Are you looking for a way to better manage the risks associated with your projects? Risk audits are an effective tool that can help project managers and program managers identify potential issues before they become problems. What is a risk audit in project management?

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Risk PMO Risk Management Governance 397

The IIL Blog

SEPTEMBER 13, 2023

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Until we validate them, they are risks.

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Risk Management Risk Cadence 2016 88

Project Risk Coach

JUNE 9, 2023

THIS ARTICLE CONTAINS AFFILIATE LINKS. In today's fast-paced projects, time is a valuable resource. However, by adopting efficient strategies, we can optimize our time and increase productivity. However, by adopting efficient strategies, we can optimize our time and increase productivity. IT DOES NOT COST YOU EXTRA.

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Energy Risk Management Planning Risk 284

Velociteach

SEPTEMBER 11, 2023

We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Or risks were identified, but a response strategy was never created.

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Risk Management Risk Cadence 2023 79

NimbleWork

APRIL 15, 2024

Project management is a critical discipline that ensures projects are completed efficiently, within budget, and to the satisfaction of stakeholders. At the heart of successful project management is the project manager, who must possess a unique blend of leadership, communication, and organizational skills.

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2027 Risk Management PMI Budget 52

Rebel’s Guide to PM

OCTOBER 14, 2019

A project manager’s job isn’t just about managing the work. Part of a resource management plan is to build the skills of your team. Normally we’d think of that in terms of the technical skills they need to deliver the project, like taking a course in a programming language or brushing up their system maintenance skills.

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Risk Management Risk Technical Review 2015 247

PM Times

NOVEMBER 15, 2023

Do you face challenges securing specialized skills for your projects in advance? If your answer is “yes” to the above questions, it’s high time to develop strategies to mitigate these resource-related risks. Is your organization experiencing frequent unplanned employee attrition?

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Risk Management Risk Change Management 111

Rebel’s Guide to PM

NOVEMBER 16, 2023

If you are like many project professionals, you have likely worked with artificial intelligence (AI) in some capacity. In our annual global survey , one in five (21 percent) respondents say they are using AI always or often in project management. Specifically focused on generative AI applications in projects, mainly ChatGPT.

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ChatGPT Generative AI Artificial Inteligence PMI 471

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management?

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Risk Management Risk PMI Technical Review 268

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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Risk Management Risk Software Review Governance 78

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management?

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Risk Management Risk PMI Technical Review 240

Project Risk Coach

DECEMBER 13, 2021

Once we've identified our project risks, we should plan and implement responses. In this article, let's look at ways to respond to project threats and opportunities. In our projects, we discover threats that may limit our ability to achieve our goals. We can optimize our risk responses over time. insurance).

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Risk Risk Management Defining Planning 195

Moira Alexander

MAY 2, 2017

To align business goals with project management (PM), leaders from the enterprise project management office (EMPO) or project management office (PMO) need to be involved in strategic planning sessions alongside senior-level management. The first component is building the institutional IT strategy.

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Technical Review PMO Sustainability Risk Management 249

Project Pulse Journal

MARCH 13, 2024

By: Hajime Estanislao, PMP, CSM Are you a project manager grappling with the complexities of managing virtual teams in today's interconnected world? As remote work becomes increasingly prevalent, project managers like you face the challenge of overseeing teams across different locations, working hours, and continents.

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PMO Technical Review Governance Government 52

Rebel’s Guide to PM

APRIL 11, 2022

Have you been asked to pull together a strategy planning meeting agenda? In this article, I’ll explain what a strategic planning meeting can cover and share a sample agenda you can customize for your strategy sessions. Strategy planning doesn’t just happen. There’s no fixed cadence for strategy conversations.

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Planning Cadence Closing Defining 380

MPUG

APRIL 26, 2021

This company had a long-running project with a number of uncertainties. Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. As you may have correctly guessed, this project was in trouble. What is Enterprise Risk Management?

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Governance Government Risk Management Risk 122

Rebel’s Guide to PM

MARCH 31, 2024

Projects always have certain constraints – there may be an urgency to complete a project because of external market factors, for example; or there may have to be tightly controlled costs because of a fixed or limited budget. The project will also be expected to deliver on certain expectations including quality levels.

Risk Management 359

Risk Management Budget Risk Sustainability 359

Rebel’s Guide to PM

AUGUST 29, 2021

Risks matter. Stuff happens on projects, and if the worst happens, it’s better to know about it in advance. 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. What’s a risk again? Internal risks. Lack of support.

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Risk Technical Review Risk Management Estimate 320

Project Risk Coach

SEPTEMBER 28, 2022

A project manager makes decisions based on their risk perspective. However, the project manager may miss the mark. Misunderstanding of the stakeholders’ risk appetite. In this article, let's explore the what, why, and how of project risk appetite. What is Risk Appetite?

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Risk Underperforming Technical Team Risk Management Defining 195

Rebel’s Guide to PM

APRIL 22, 2019

This is a guest article by Harry Hall from projectriskcoach.com. Risk management is one of the core knowledge areas for project managers. You’ve identified and assessed your project risks—both threats and opportunities. Now, you are planning your risk responses with your risk owners.

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Risk Risk Management Healthcare Executing 391

Project Pulse Journal

APRIL 23, 2024

Today, continuously enhancing your project management skills is beneficial and expected. This method has driven companies to new heights of efficiency and innovation, enriching every facet of project execution - from planning to evaluation - and boosting effectiveness and adaptability. What is Continuous Improvement?

Technical Review 52

Technical Review 2024 Innovation Sustainability 52

Wrike

SEPTEMBER 30, 2023

Effective risk management is crucial for the success and sustainability of any business. By identifying and addressing potential risks, organizations can minimize their impact and ensure continuity of operations. These risks can arise from various sources, such as financial, operational, legal, or technological factors.

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Risk Management Risk Technical Review Monitoring 36

PM Basics

SEPTEMBER 8, 2022

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. Short Glossary of Project Risk Management.

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Risk Management Risk Process Underperforming Technical Team 104

Epicflow Blog

JUNE 10, 2022

The aerospace engineering sector deals with mostly large and complex projects. Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . Let’s figure it out in the article.

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Aerospace Risk Management Engineering Risk 98

The IIL Blog

NOVEMBER 8, 2023

By Dr. Elissa Farrow November 8, 2023 In the ever-evolving landscape of portfolio management, organisations can now leverage advanced technologies to not only improve traditional practices but to also unlock new dimensions of efficiency and effectiveness. Predictive Analytics: AI-driven predictive models forecast project success and impact.

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Artificial Inteligence Underperforming Technical Team 2023 Innovation 164

The IIL Blog

MARCH 26, 2024

By Ruchi Gupta, PMP ® , PgMP ® , PMI-ACP ® , PMI-RMP ® , SAFe, DASSM, SIP, Jira CBAP ® The accelerating rise of Generative AI tools like ChatGPT, Gemini, Copilot, and others is rapidly reshaping the way project management operates. The Project Management Office (PMO) is no exception.

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PMO Generative AI Technical Review Software Review 88

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. 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.

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PMO Underperforming Technical Team Risk Management Energy 457

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? Because we need people to get the project work done. Free Resources 2.

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Risk Management Finance Software Review Risk 438

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?

PMI 348

PMI Certification Sustainability Technical Review 348

Project Risk Coach

DECEMBER 26, 2017

Successful project managers have a common trait – they identify and manage risks. Let’s look at seven tools and techniques to identify risks. Often project managers start with a splash. They get the team together, identify lots of risks, and enter them into an Excel spreadsheet.

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Risk Software Review Risk Management Energy 306

Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. There’s also a checklist of project artifacts by phase at the end, which you can use as an aide-memoire for creating your own documentation. The project deliverable is a new app. What is an artifact?

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Logistics Artificial Inteligence PMI Performance Measurement 509