Thank You 2018

Girl's Guide to PM

Dr. Mike Clayton, 6 Easy Ways to Manage Group Think and Risk at Work. The post Thank You 2018 appeared first on Girl's Guide to Project Management. I just wanted to take a moment to thank everyone that has made Girl’s Guide to Project Management possible this year. It is a big list, but there are so many people working behind the scenes to help this website run smoothly. A very big thank you to… Companies that let me review their software.

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Evaluating Risks Using Quantitative Risk Analysis

Project Risk Coach

Project managers should be prepared to perform different types of risk analysis. For many projects, the quicker qualitative risk analysis is all you need. But there are occasions when you will benefit from a quantitative risk analysis.

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The 7 Best Blog Posts on Project Management in 2018

There’s always going to be some risk involved in a project, but often it’s how well you prepare and control that risk that marks good project management. The post The 7 Best Blog Posts on Project Management in 2018 appeared first on

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8 Ways to Treat Risks

Project Risk Coach

Respond to your most significant risks now! We treat risks personally and professionally every day. Our job is to treat risks to enhance opportunities and reduce threats. We can optimize our risk responses over time. The post 8 Ways to Treat Risks appeared first on.

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How to Identify Scope Risks

Project Risk Coach

8 ways to identify scope risks Some project managers struggle to identify scope risks. Second, individuals may not know HOW to identify scope risks. Either way, the failure to identify (and manage) scope risks can be costly. What are Scope Risks?

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Faces of risk

Musings on Project Management

1 When you say "risk management" to most PMs, what jumps to mind is the quite orthodox conception of risk as the duality of an uncertain future event and the probability of that event happening. This conception is commonly called the "frequentist" view/ Risk ManagementAround these two ideas -- impact and frequency -- we've discussed in this blog and elsewhere the conventional management approaches.

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How to Conduct a Risk Audit and a Risk Review

Project Risk Coach

In this article, we will look at how to conduct a risk audit to evaluate the effectiveness of your risk management. Additionally, we'll also talk about how to be more forward thinking through risk reviews. How to Conduct a Risk Audit. Who Performs the Risk Audits?

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How to Evaluate Risk Velocity

Project Risk Coach

Life is filled with risks. Some risks occur slowly. Let’s look at how to evaluate risk velocity and why it matters. What is Risk Velocity? Risk velocity is the time to impact. Think of velocity as an estimate of the time frame within which a risk may occur.

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2018 Budget Adds New IR35 Twist

Arras People

The biggest news for many project management practitioners in the 2018 Budget delivered by Philip Hammond, was his decision to delay any implementation of the new IR35 regime in the Private Sector until April 2020. The post 2018 Budget Adds New IR35 Twist appeared first on arraspeople.

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Are You Making These Risk Response Mistakes?

Project Risk Coach

Some project managers make timely responses to risks, resulting in positive progress toward their project goals. Let's look at some common risk response mistakes and how to overcome them. So, what do I mean by risk response mistake? Individual small risks seem powerless.

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It’s Easy to Miss Project Risks

Project Risk Coach

It's easy to miss project risks. And, until a project manager has identified the threats and opportunities, the risks cannot be managed properly. Projects rise and fall with the project manager's ability to properly identify and manage their most significant risks.

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30 Quick Risk Evaluation Tips

Project Risk Coach

” In this article, I share 30 risk evaluation tips to help you tap into your genius. One of the top reasons for evaluating risks is to determine which risks are most significant. Always perform the qualitative risk assessment. time-to-impact) of your risks?

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How to Use NGT for Risk Identification

Project Risk Coach

I conduct online surveys to get feedback from project managers on risk management topics. Here’s one of the questions, “What risk management techniques would you like to know more about?” Risks are collected from a project team.

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The PMBOK® Guide 6th Edition: How to Escalate Risks

Project Risk Coach

Discover how to ensure risk ownership at the right level of your organization The Project Management Institute added a new risk strategy in the Sixth Edition of the Project Management Body of Knowledge. Escalate the risk. 2=Planning 4=Control Project Risk Management

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12 Questions for Monitoring Project Risks

Project Risk Coach

Some project managers start their projects with a strong focus on risk management. In this article, I am providing questions that can help you in monitoring project risks and as a result, achieve better results. When problems occur, they turn to their risk response plan.

What Project Managers Should Know About Monitoring Project Risks

Project Risk Coach

Many project managers do a great job of identifying risks. Some even evaluate risks and develop response plans. However, project managers get busy as their projects progress and fail to monitor their risks, resulting in challenged or failed projects. New risks arise over time.

7 Things You Should Not Do When Identifying Project Risks

Project Risk Coach

Known and unknown, internal and external, upside and downside—risks are woven into the fabric of every project. Project managers can waste a lot of time due to poor risk management. In today’s article, let’s look at seven things not to do when identifying project risks.

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Putting risk register and project plan together

Musings on Project Management

David Hulett has a presentation on his website,, entitled "Schedule Risk Analysis using the Risk Driver Method and Monte Carlo Simulation". In this presentation, he develops an interesting operating idea: first, shift the Monte Carlo method to the higher level of events on the risk register, and then use those results as drivers on the schedule. His idea he explains this way: Risk Management

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Project Risk Management: A Competitive Necessity

Arras People

Kicking off project management in the New Year, here’s Megan Cacioppo from Deltek with a post-Christmas present, Project Risk Management for Dummies, available for you to download. Are you on the forefront of effective risk management?

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The 10 Risk Management Commandments You’re Breaking Every Day

Project Risk Coach

I fear that many project managers live by the letter of the law and may fail to gain the true benefits of risk management. These individuals are too concerned with checking boxes and making the risk management processes overly complex. Thou shalt not make risk management complicated.

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Project Risk Management: Do You Have the Facts?

Project Risk Coach

So, where do facts come into play in risk management? When identifying risks, I write risk statements using this handy-dandy risk syntax : Cause —> Risk —> Impact. 2=Planning Project Risk ManagementAre your projects rooted in facts or hearsay?

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Evaluating Project Schedules Utilizing Quantitative Risk Analysis

Project Risk Coach

Often times, risks occur and project managers lack adequate schedule reserves. The team also identified 30 risks in the qualitative risk analysis. Of the 30 risks, the team identified six risks that had the greatest potential for affecting the schedule. Risk B.

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Risk: four points of view

Musings on Project Management

1 Frequency-impact: When you say "risk management" to most PMs, what jumps to mind is the quite orthodox conception of risk as the duality of an uncertain future event and the probability of that event happening. This conception is commonly called the " Risk Management

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How Poor Risk Management Is Hurting You

Project Risk Coach

Poor risk management is costly. Project managers are caught off guard by emerging risks. And these risks may turn into issues costing more time and money. We can identify risks early. Let's look at the cost of poor risk management through the life of Tom Whitley.

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Project Management Trends (2018 Edition)

Girl's Guide to PM

This article, Project Management Trends (2018 Edition) , first appeared on Girl's Guide to Project Management. Here are the top project management trends for 2018 I think you should be watching out for. Improving risk assessments. Testing risk response.

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How to Reduce Risk Evaluation Bias

Project Risk Coach

Let’s look at different types of biases and ways to reduce bias in the risk evaluations. PMI’s Practice Standard for Project Risk Management explains motivational bias is “where someone is trying to bias the result in one direction or another.” How to Reduce Bias When Evaluating Risks.

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Why Risk Avoidance Should Be 1 of Your 8 Risk Responses

Project Risk Coach

Earlier I wrote about eights ways to treat risks. One of the risk responses is avoidance. The focus of this strategy is to ensure the risk does not occur by eliminating the cause of the risk. ” Lessons Learned About Risk Avoidance. What Risks Should You Avoid?

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Recap: International Project Management Day 2018

The IIL Blog

On 1 November 2018, thousands of people gathered online for International Project Management Day 2018 : Project, Program, and Portfolio Management in an Age of Digital Disruption , an online learning and knowledge sharing event organized by IIL. IIL Global (@IILGlobal) November 1, 2018.

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The risk matrix - yet one more time!

Musings on Project Management

In 1711 Abraham De Moivre came up with the mathematical definition of risk as: The Risk of losing any sum is the reverse of Expectation; and the true measure of it is, the product of the Sum adventured multiplied by the Probability of the Loss. Risk Management

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Some "$10 words" in Risk Management

Musings on Project Management

When you get into risk management a bit, there are some biggies that get thrown around -- I call them $10 words -- and there are two that more or less divide risk management along the lines of. Risk ManagementThe unknown that is possibly knowable with some legwork The unknown that is likely to remain unknowable First case For the first case, this is all about knowledge, the nature of knowledge, and how.

Risk 150

If you only know one thing about Risk Management.

Musings on Project Management

If you only know one thing about Risk Management, know this: Schedule slack is your most powerful tool Poorly developed instincts and skills in the use of this most powerful tool are leading causes of poor risk management If you are a Systems person a strategic thinker; an integrator; a "it all has to work" person -- you'll translate schedule slack into to "loose coupling" Loose. decision risk decision Risk Management

Risk 150

6 Easy Ways to Manage Group Think and Risk at Work

Girl's Guide to PM

It’s an edited extract from his book Risk Happens ! Group Think Introduces Risk. Therefore, with dissent discouraged, groups tend to endorse higher risk decisions than individuals would. A bright cover for Mike’s own book, Risk Happens!

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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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5 Ways You May Unintentionally Create Schedule Risks

Project Risk Coach

In this article, let’s look at five causes of schedule risks and ways to avoid or reduce these risks. As we work to develop and compress our schedules, let’s be aware of the common causes of risk. 5 Causes of Schedule Risk.

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My Top 10 Most Popular Blog Posts of 2018

Project Risk Coach

Thank you for being a part of the Project Risk Coach Community. In this article, I'm sharing my most popular blog posts of 2018. So, just how many of you came to the Project Risk Coach website in 2018? Year Visitors 2018 113,206 2017 57,560 2016 42,000 2015 33,000 2014 21,000 One of my 2018 goals was to have 75,000 people visit the Project Risk Coach website. The post My Top 10 Most Popular Blog Posts of 2018 appeared first on Project Risk Coach

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Project Risk Management: 10 Surprisingly Brilliant Tactics to Reduce Risk


Every project has some risk of failure. This guide on project risk management will help you understand and manage risks better. If there is one thing you can be certain about in project management, it's this: Every project carries some risk. Project risk is more amorphous.

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AlchemyWorks: Software Review [2018]

Girl's Guide to PM

This article, AlchemyWorks: Software Review [2018] , first appeared on Girl's Guide to Project Management. For example, if you create a project with the status of Huge Task, you can see more project management options like the risk tracker and financial information. Risk Management. Once you’ve got the risk management switched on, the risk log is really very good. You can then summarise the risks on the risk register report.

2018 83

Using SWOT Analysis for Risk Identification and Risk Management


Gary David Cohn once said, “If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business.”. Project manager or not – professionals on all levels have to interact with researching, identifying, and resolving risks.

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What Is Risk Management?


What Is Risk Management? Project Management project management project risk management risk risk managementCisco, Apple, Aon and Allianz have just announced a new.

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Agile 2018 Conference – Unraveling Team Dependencies

Leading Answers

I am excited to be presenting on the Enterprise Agile track at the Agile 2018 conference in San Diego, August 7. Agile Project Management Leadership Lean NoProjects Risk Management Tailoring Approaches Teams Theory of Constraints Travel Warning SignsI have worked with several organizations this year that had issues with work dependencies between teams.

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