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Focusing on the Right Risk – Risk Magic

The IIL Blog

Time and time again, I see organizations are not dealing with risk appropriately. Sure, they have a list of five to ten risks on their projects, but they are not managing their risk and are falling into risk management pitfalls. Some people would call this risk magic. ©2012, Chapter 11, page 310].

Risk 78
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10 Secrets To Being a Good Sponsor

Rebel’s Guide to PM

The book includes a list of 50 secrets in Appendix D which is a summary of The Standish Group’s Chaos Manifesto 2012: The Year of the Executive Sponsor. Understand risk and reward. Risks are things that could happen. Sometimes taking a risk means a bigger reward. A version of this article first appeared in 2013.

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9 Steps to Managing Risk for Your Projects

LiquidPlanner

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations.

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Creating a Risk-Adjusted Backlog

Leading Answers

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
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PMI-RMP: FREQUENTLY ASKED QUESTIONS FOR 2021

Project Risk Coach

LAST UPDATED ON DECEMBER 14, 2020, BY HARRY HALL THIS ARTICLE CONTAINS AFFILIATE LINKS. In this article: 1 What is the PMI-RMP? The PMI Risk Management Professional (PMI-RMP)® is one of the eight PMI certifications. If you are a PMI member, you may download the Practice Standard for Project Risk Management (2009) here.

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Project Management and Leadership – can you have one without the other?

Rebel’s Guide to PM

Without this, there’s a risk of miscommunications with colleagues, sponsors and the rest of the Project Board. A version of this article first appeared on this site in 2012. This article first appeared at Rebel's Guide to Project Management.

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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow Blog

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. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?