7 Ways to Identify Risks

Project Risk Coach

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

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The Risk Management Plan

Project Risk Coach

Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project. Let’s look at how to start the risk management process. The highest risks?

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How to Actually Define Risk Categories

Project Risk Coach

He thinks his project managers have identified most of their risks, but he’s not sure where to focus his attention. What areas have the highest risk exposure? Let’s look at how to actually define risk categories and how they can help Tom (and you). What are Risk Categories?

6 Tools and Techniques for Controlling Risks

Project Risk Coach

Changes in project risks are inevitable. As a project progresses, the probability and impact of current risks change, new risks emerge, and residual risks may increase or decrease. Susan, on the other hand, facilitated an early risk identification workshop.

How to Unite Enterprise and Project Risk Management

Project Risk Coach

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 Response Lessons from the Beach

Project Risk Coach

Learn threat response strategies Project managers may make risk decisions without much thought. You simply know how to respond to the most common risks. With each of these activities, I do things to manage risks and frankly, I rarely think about it (because I’ve done it for so long).

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How to Communicate Risks

Project Risk Coach

How do you communicate risks? Some project managers rarely mention risks; others bore people to tears with too much information. And one of the most important things to communicate is your risks. How can we communicate risks more effectively? Communicating Risks.

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7 Things You Ought to Know About Identifying Risks

Project Risk Coach

Increase Your Risk Management IQ Every project manager deals with risks. Allow me to share seven things you ought to know about identifying risks. How do we manage risks and the causal factors? Risk management begins with the practice of identifying risks.

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The 10 Risk Management Commandments You’re Breaking Every Day

Project Risk Coach

Risk management is such an effective vehicle for climbing the tallest mountain or swimming the deepest sea. However, the risk management pitfalls are many, rendering us completely ineffective in our attempt to fulfill our dreams. Thou shalt not make risk management complicated.

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The Essential Project Management Competencies: A 2017 Perspective

Girl's Guide to PM

As a line manager or a Project Office manager, the best thing to look for is projects that skip between green and red, projects with a lot of ‘surprises’ and a long list of risks and issues that don’t seem to be managed.

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How to Plan Your Risk Management From Start to Finish

Project Risk Coach

Let’s talk about how to plan your risk management from start to finish. Some people think of risk management plans in the wrong way. Risk management plans are not a list of risks and what you plan to do (e.g. risk register). How will you develop risk response plans?

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Extreme risk -- or, extremely risky?

Musings on Project Management

Ideas about extreme risk management have been around a long time. Here's a working definition: Extreme risks are those for which the consequences are nearly irreversible, and the impact is near-catastrophic. Risk ManagementNo news there, so let's press on. And, fortunately, in most cases, the likelihood of the event is low. Because the expected value is nearly zero, but the threat so high, people are.

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How to Right-Size Your Risk Management Plan

Project Risk Coach

While I’m a fan of planning, let’s use some common sense and right-size our risk management plans. A risk management plan for the Mercedes-Benz Stadium will be much larger than a plan for a Southern Living Idea House. Risk management plans typically include: Project risk background.

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How to Improve Results With Better Risk Statements

Project Risk Coach

Vague risk statements lead to poor risk response planning. When organizations or project teams fail to respond to significant risks (i.e., Risk management starts with identifying risks and writing clear risk statements. Why do people define risks poorly?

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How to Right-Size Your Risk Management Plan

Project Risk Coach

While I’m a fan of planning, let’s use some common sense and right-size our risk management plans. A risk management plan for the Mercedes-Benz Stadium will be much larger than a plan for a Southern Living Idea House. Risk management plans typically include: Project risk background.

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Risk Management Short Course

Musings on Project Management

Need a quick introduction to risk management? Try this very short course on risk management (no math required!). Risk management short course from John Goodpasture. Read my contribution to the Flashblog Risk ManagementDon't have much time for this? Read in the library at Square Peg Consulting about these books I've written Buy them at any online book retailer!

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How to Unite Enterprise and Project Risk Management

Project Risk Coach

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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Are You Tired of Missing Big Project Risks? 3 Ways to Stop It

Project Risk Coach

It was always interesting to watch—the best project managers were the ones who had a habit of identifying risks, both threats and opportunities. And these individuals did not perform the risk identification just once at the beginning of their projects. Risk Checklist.

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Getting Results – The Bottom Line of Risk Management

Project Risk Coach

Some portfolio, program, and project managers make a big fuss over risk management. The presentation included what we were doing for enterprise risk management. They have a risk management plan. They regularly identify, analyze, and respond to risks. Plan risk management.

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Risk Management: Known / Unknown Unknowns

Project Health Check

It would become so famous that it would become the title of his autobiography "Known and Unknown: A Memoir", and provides a superb basis to discuss our approach to Project Risk Management: ". Known Unknowns - For us this is our Risk Log. Cost Management Project Planning Risk Managemen

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2017 Project Management Trends To Watch

Girl's Guide to PM

This year I’m looking forward into 2017 to highlight some of the project management trends I think it is worth watching out for. Will 2017 be the year we get our first Chartered Project Professionals? Be brave, find your people and have a wonderful 2017.

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What You Need to Know About PRINCE2 2017

Arras People

The 2017 update introduces the whole concept at a much earlier stage, explaining exactly why it is so important in today’s working environment. Axelos announced that there will be a new update to PRINCE2 later this year.

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My Top 10 Most Popular Blog Posts of 2017

Project Risk Coach

Allow me to share the results of my most popular blog posts of 2017. One of my goals was to have 50,000 people visit the Project Risk Coach website. I experienced a significant increase in the last quarter of 2017. Most Popular Blog Posts of 2017. 7 Ways to Treat Risks.

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Focus on individual impacts when communicating risks!

Kiron Bondale

A recent article by Uzma Khan and Daniella Kupor in Harvard Business Review adds support to the argument for keeping things simple when it comes to communicating risks. This biases us against taking positive risks and avoiding negative ones.”

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The ‘Ready for Change’ 2017 Roadshow for Project Practitioners

Arras People

SPOCE, the project management training organisation and partners AXELOS and APMG are running three events soon called the ‘Ready for Change’ 2017 Roadshows. They take place in London 31 st May 2017 | Bournemouth 6 th June 2017| Southampton 13 th June 2017.

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A risk management ode to project managers!

Kiron Bondale

Father’s Day might be a holiday which is much newer than the project management profession itself, but let’s not miss the opportunity to celebrate the many ways in which project managers help their projects succeed through effective risk management.

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Playing Whack-A-Mole With Risk

Tyner Blain

My assertion in that workshop was that assumptions and hypotheses, practically speaking, are risks. The risk is that those beliefs are wrong. It represents an implicit risk. Remember – hypotheses and assumptions are risks. Risks of being wrong (and not knowing it).

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Shuffle up and deal with qualitative risk analysis!

Kiron Bondale

user stories), planning poker can also be used to facilitate other types of decision making so why not use it for qualitative risk analysis? This forces them to do a second pass to prioritize the risks so that risk owner capacity can be focused on the valuable few.

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Is risk management really that effective?

Ron Rosenhead

I explored the need for a systematic risk process for projects. I discussed the need for a systematic approach to risk management and I am assured this happens. Risk is not seen as a key process. Are we really managing risks or playing at it?

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Risk Response Strategies: Full Roundup

Online PM Courses

Risk response strategies are the basic ways you can handle project risks. In this article we’ll examine the risk response strategies you have available to you, what they mean, and when you should use them. Introducing Project Risk Management. Remove the Risk.

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Perceptions on risk -- a perfect storm of problems.

Musings on Project Management

Ribeiro, writing in ASK magazine for NASA, has a nice posting on risk perception. He reports on a study Risk ManagementThe messenger: “Unfortunately, my King … here I am, unwilling and unwanted … because I know that no one ever welcomes a bearer of bad news.” Antigone by Sophocles, circa 442 BC The surprise: “It is pardonable to be defeated, but never to be surprised.” Frederick, the Great Pedro C.

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Risk Identification Workshops: An Overview

Project Health Check

Risk Management is one of the well established fundamentals of Project Management. Whatever system or tool you use, the basics of rating risks with some degree of severity and impact is well understood, and then doing something to stop it (because they usually are threats). But I have a challenge for you: look back over your last Project and consider - how many of the issues that occurred along the way were from impacted Risks that were identified on your Risk Log?

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Let’s add a few tools to your risk identification tool belt!

Kiron Bondale

Risk identification is our first step towards converting unknown-unknowns to known-unknowns. It is neither possible nor advisable to identify all risks which could impact your project’s objectives – like any other project planning process, too much is as bad as too little.

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Walk! And Cut Your Risk of Heart Disease by 30%

Brad Egeland

hours a week,” just 21 minutes a day, “can cut your risk of heart disease by 30%.” ” What’s more, walking has also been shown to “reduce the risk of diabetes and cancer, lower blood pressure and cholesterol, and keep you mentally sharp

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Risk Management

Herding Cats

Risk Management is How Adults Manage Projects - Tim Lister. Risk Management requires making estimates of many things. Just like risk management, estimating is how adults manage projects. No risk management no adult managemnt. NoEstimates Risk

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60 Second PM: 3 Reasons Risk Management Doesn't Happen

Brad Egeland

Risks are unknown and it's human nature to avoid or procrastinate the unknowns. But it's a very bad idea to do so

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Final PMP 2017 Boot Camp and Certification based on PMBOK 5th Edition

Brad Egeland

PPM Global Services – a leading provider of guaranteed PMP Certification training - is offering their final 2017 PMP Boot Camp based on the 5th Edition of the PMBOK. Anyone who is considering taking the PMP exam should take the test this year (2017) before the PMP exam changes. There is risk in waiting.

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12 Project Management Related Tools to Check Out for 2017

Brad Egeland

2017 is right around the corner so maybe it's time to try something new. In this presentation, I'd like to share 12 such products that are definitely worth checking out for your 2017 project management needs.

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Risk Management for the Real PM World

Brad Egeland

Risk management. The process of performing risk management on the projects that we run should be a given – it should be an essential part of every single project and it should have the proper amount of time and attention given to it. I tout risk planning and the creation of a Risk Management Plan as a deliverable, but due to time constraints, budget constraints, and lack of customer interest, it happens on less than half of the projects that I manage.

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10 Things Successful Project Managers Never Tolerate: Ineffective Risk Management [Video]

Project Risk Coach

The post 10 Things Successful Project Managers Never Tolerate: Ineffective Risk Management [Video] appeared first on If you can’t see this video in your RSS reader or email, then click here. This video is part of the 10 Things Successful Project Managers Never Tolerate online course.

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INFOGRAPHIC: Increase Your RoI in 2017 with a Project Management Software

Celoxis

INFOGRAPHIC: Increase Your RoI in 2017 with a Project Management Software. best practices collaboration infographic PM reports PPM Project Management risk management celoxis Online project management tool project management project risk management project tracking web based project management software

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SwiftKanban Feature Update – September 2017

Digite

You can now create a Master list values for Risk, Issue and Block Flags, Reason code from the respective board itself. – The post SwiftKanban Feature Update – September 2017 appeared first on Digité Blog.

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5 Things You Should Know About the PMI-RMP®

Project Risk Coach

Every project has risks—events or conditions that, if they occur, have positive or negative effects on a project’s objectives. And project managers are risk managers, some better than others. Here are some books that I recommend: Practice Standard for Project Risk Management.

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