article thumbnail

The Risk Management Process in Project Management

ProjectManager.com

It sounds negative, but pragmatic project managers know this type of thinking is preventative. Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project. Project dashboards help you identify risk before they turn into issues. How to Manage Risk.

article thumbnail

PMBOK® Seventh Edition Principles and Risk Management

Project Risk Coach

The Project Management Institute (PMI) released the PMBOK® Guide, Seventh Edition in July 2021. In this article, let's look at each principle and why each one matters with respect to managing risks. Optimize Risk Responses 11. For example, one of the PMBOK® principles is to optimize risk responses.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Project Management Software Comparison for 2021

ProjectManager.com

Most everyone is probably happy to see 2020 go and has high hopes for a brighter 2021. We’ve learned a lot over the past year about social distancing, hand washing, and, if you want to keep productivity chugging along, you need project management software. All Around Project Management. One example is the work-from-home trend.

2021 338
article thumbnail

Sciforma Review [2021]

Rebel’s Guide to PM

Are you looking for a robust, scalable PPM solution that can manage the whole project life cycle and show you what’s being worked on at any one time? In this review of Sciforma, I’ll share the pros and cons of this enterprise-centric project and portfolio management tool. Sciforma’s strength is in being a portfolio management software.

article thumbnail

Managing Risk from Every Level of Your Organization

LiquidPlanner

If project management were an off-road 4×4 expedition, where teams had to plot a course through the unknown, cost and schedule contingency would be akin to the number of spare fuel cans you can carry successfully to complete the trip. Risk is not solved with a calculation. Are there unexpected risks now emerging?

article thumbnail

Useless Agile Metrics

Scrum.org

TL; DR: Useless Agile Metrics Ideally, a metric is a leading indicator for a pattern change, allowing your Scrum team to analyze the cause in time and take countermeasures. What if these useless agile metrics lead you in the wrong direction while providing you with the illusion that you know where your team is heading?

Agile 178
article thumbnail

Agility for a Sustainable World: Why We Need to Redefine The Meaning of Agility

Scrum.org

This year was the 20th anniversary of the Agile Manifesto for Software Development, and in many sectors, agile ways of working have long since become the standard. There are also many explanations of what agility really means, but there is agreement on the core meaning: focus on customers and their needs.