Wrike
AUGUST 5, 2020
When it comes to risk management , a risk breakdown structure is a powerful tool in a project manager’s toolkit. According to the Project Management Institute (PMI), a project risk is defined as “an uncertain event that, if it occurred, has an effect on at least one project objective.” . What is RBS in project management? .
Herding Cats
MAY 10, 2019
Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003.
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Herding Cats
MAY 11, 2019
This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs.
The Strategic Project Manager
SEPTEMBER 30, 2021
They have reached a dominant and sustainable position, and the industry is relatively stable. Here are some key areas of concern for PMs when thinking about the consolidation endgame framework: Risks – In identifying risks, project managers can benefit from a clear understanding of the consolidation endgame stages.
Herding Cats
MARCH 11, 2017
The risk is created when we have not accounted for this natural variances in our management plan for the project. Dealing with Aleatory (irreducible) uncertainty and the resulting risk requires we have margin. An aleatory risk is expressed as a relation to a value. One starting point is the value at risk.
Henny Portman
OCTOBER 2, 2020
The IPMA Project Excellence Model (IPMA PEM) was introduced in 2016 as an updated version of the model that has been in place since 2002. The Processes & Resources criteria represent practices necessary to reinforce excellence through sound processes and adequate resources used in an efficient and sustainable way.
Leading Agile
FEBRUARY 11, 2019
When I first learned about Agile methods in 2002, the principles seemed to offer an ideal solution to many organizational issues common at the time. How can the same principle be a good idea in 2002 and a bad idea in 2019? I’d like to consider the following in this post: Sustainable Pace. Sustainable Pace.
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