Remove contact
article thumbnail

What Is Positive Risk on Projects?

ProjectManager.com

Project risk. Just the word risk can evoke the same kind of primal, fight-or-flight fear in project managers. But risk shouldn’t be feared, it’s just another part of the project to manage. All projects have some element of risk while other projects are inherently high-risk. (We’re

Risk 340
article thumbnail

14 Common Project Risks (+ more)

Rebel’s Guide to PM

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 320
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Communicate Risk To Stakeholders: Process & Strategies

WorkOtter

Sometimes it can be difficult to be the bearer of bad news, but it is a necessary thing to do when it comes to communicating certain risks to stakeholders. Most CEOs would agree that communicating information about potential risks is essential for the long-term success of an investment or project.

Risk 78
article thumbnail

Why Practice Makes Perfect in Preparing for the PMI-RMP Exam

Project Risk Coach

"Practice makes perfect" is a timeless adage that holds true in various aspects of life, and it certainly applies to preparing for the PMI-RMP (Project Management Institute - Risk Management Professional) exam. Enhancing Exam Strategies Practice allows you to refine your exam strategies and test-taking techniques.

PMI 369
article thumbnail

5 Strategies for Product Backlog refinement

Scrum.org

This gives the Product Backlog a level of transparency that reduces the risk. The risk is exposed by not completing an item within a Sprint and thus giving away the opportunity to generate value for the organization. 5 Strategies for Product Backlog refinement. Further breakdown strategies can be found here.

article thumbnail

Types of Risks In Project Management – Are All Risks Equal?

WorkOtter

Risks are common in business. These risks carry uncertainties which pose potential threats to the financial health of the organization. Projects help the business reach objectives and goals, and with each project comes its own set of risks. Importance of Risk Analysis in Project Management What is a risk in project management?

article thumbnail

PMP® vs. PMI-RMP® Certification

Project Risk Coach

Let's compare the Project Management Professional (PMP®) and the PMI Risk Management Professional (PMI-RMP®) certifications. The PMI-RMP® is a globally recognized Project Risk Management Professional certification. All projects and programs have risks. Degree Experience (Months) Education/ Contact Hrs.

PMI 447