article thumbnail

Uncovering the Role of Risk Owners in Agile Projects

Project Risk Coach

It's a simple question, "Who owns the risks in agile projects?" In this article, let's uncover the role of risk owners and how to perform risk management in agile projects. What is a Risk Owner? Power up your risk Management course - start today!

2023 419
article thumbnail

Uncovering the Benefits of Clear Risk Statements

Project Risk Coach

I've looked at many risk registers through the years, and I've had difficulty understanding the risks many times. The risk statements were vague and lacked consistency. In this article, let's explore the benefits of clear risk statements. The risk statement is ambiguous.

2023 398
Insiders

Sign Up for our Newsletter

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

article thumbnail

What Is Project Risk? 7 Project Risks to Track

ProjectManager.com

Controlling risk is one of the most important areas of project management. Project managers need to know how to identify, track and mitigate project risk. Let’s learn what is project risk, some common examples and how can you manage it. What Is Project Risk?

2023 422
article thumbnail

What Is Change Management? Process & Models Explained

ProjectManager.com

There are several organizational change management strategies that can be applied to manage work, resources, business processes and budget allocations as well as different types of organizational changes. Just as the grieving process has five stages, so does the change process.

2023 397
article thumbnail

Process Implementation: A Quick Guide

ProjectManager.com

As a business grows, it needs to look at new processes or ways to improve the processes it has in place. Whatever the objectives, process implementation is how they achieve these goals. What Is Process Implementation? What Is a Process Implementation Plan?

2023 327
article thumbnail

8 Free Risk Management Templates for Excel

ProjectManager.com

Although it’s impossible to predict the future, with these free risk management templates, you can better prepare for the unexpected and be more apt to keep your project on track. Download these free risk management templates and gain more control over your project.

2023 319
article thumbnail

Project Risk Audits: What you need to know

Rebel’s Guide to PM

Are you looking for a way to better manage the risks associated with your projects? Risk audits are an effective tool that can help project managers and program managers identify potential issues before they become problems. What is a risk audit in project management?

2023 331
article thumbnail

Google Project Management: Professional Certificate Review

Rebel’s Guide to PM

The courses are wide-ranging and cover everything from project management methods including agile methods, risk management, the project life cycle, project management tools, project implementation and change management.

2023 371
article thumbnail

10 Free Change Management Templates for Excel and Word

ProjectManager.com

It’s often used as a tool to help organizations meet long-term goals, stay innovative and generally improve their processes. This costs money so there’s also a place to estimate the budget, add a risk log and lay out the change management process.

2023 325
article thumbnail

What Is a Burn Up Chart In Agile Project Management?

ProjectManager.com

Product owners get transparency into their process so they can reallocate resources as needed to avoid roadblocks. Then you can use risk management, task management and resource management tools to stay productive.

2023 379
article thumbnail

10 Project Meetings to Guide Your Project Management Team

ProjectManager.com

You’ll also want to review the budget, assess risk and schedule upcoming meetings to make sure everything discussed has been resolved. Next, you’d want to determine the severity and likelihood of those risks occurring and how they might impact the project.

2023 484
article thumbnail

5 Tips to Build a Harmonious Project Team in 2023

LiquidPlanner

Without a harmonious project team, your project could be at risk of unhappy stakeholders and clients, delayed timelines, and every PM’s greatest nightmare … scope creep. Today, we’re peeling back the curtain on how to build a harmonious project team in 2023.

2023 148
article thumbnail

Risks in the project: an overview

Inloox

Know the risks in your project! Risk management plays an enormously important role in project management. The task here is to identify, analyze, control and ultimately minimize risks. Although some risks can be eliminated with a suitable solution strategy, certain risks can never be completely avoided in the project context. The better risk management is handled in your project, the greater the probability of success, all other things being equal.

2023 165
article thumbnail

Cost of Production: Types of Production Costs

ProjectManager.com

To ignore it is to risk the financial health of a company. Variable Costs Variable costs are costs that change and are wedded to the production process. The best things in life are free, but manufacturing goods cost money.

2023 300
article thumbnail

Production Management: A Quick Guide

ProjectManager.com

Production management is the process of optimizing the production of goods. Production management is the process that oversees turning production inputs, such as raw materials, resources and costs, into production outputs, which are whatever products or goods a company produces.

2023 283
article thumbnail

Scrum Master Interview Guide 2023: The Scrum Master Role

Scrum.org

TL; DR: Scrum Master Interview Guide 2023: The Scrum Master Role If you want to fill a Scrum Master position in your organization, you may find the following interview questions helpful in identifying the right candidate. The Agile Manifesto infers people over processes.

2023 158
article thumbnail

Cost of Quality (COQ): A Quick Guide

ProjectManager.com

A benefit of cost of quality is that it gives manufacturers or service providers a chance to analyze their processes and in so doing improve quality operations. Use our robust Gantt charts to create product roadmaps to control quality standards at each step of the development process.

2023 352
article thumbnail

Operations Management: Key Functions, Roles and Skills

ProjectManager.com

Operations management (OM) is the process of administration of business operations and/or production management in order to achieve specific goals such as increased productivity and higher profitability. This includes the hiring processes and onboarding of new employees.

2023 358
article thumbnail

10 Free Product Management Templates for Excel, Word and More

ProjectManager.com

It helps you manage every step of the process that sees your product go from concept to market. You’ll find everything you need for your product to reach a successful conclusion and it’ll guide the development team throughout the release process.

2023 307
article thumbnail

Complete Guide to Portfolio Management in 2023

WorkOtter

Managing your portfolio is essential for any business, big or small, in 2023. Inadequate Risk Management Finally, poor portfolio management can lead to risk identification failure. There are several ways to start, including project and lean portfolio management.

2023 78
article thumbnail

10 Methods for Screening Candidates in 2023

Teamweek

In this article, we’ll cover 10 of the best methods used to screen applicants in 2023 and cover some of the key application screening challenges: How to innovate your screening process with screening tools. Avoid any risk of unconscious bias.

2023 98
article thumbnail

How to Write a Project Description: A Quick Guide

ProjectManager.com

A project description outlines the details of one project, including all its phases and processes involved, in a single document. It’s very much like the project proposal defined above in that it goes into background, processes and more.

2023 358
article thumbnail

Project Procurement Management: A Quick Guide

ProjectManager.com

These resources must be purchased by your organization, and the procurement process must be carefully planned and executed. Use our Gantt charts to map out the tasks in your production process, automate workflows with kanban boards and keep track of costs with workload charts and timesheets.

2023 342
article thumbnail

How to Choose a Project Name: Tips & 10 Project Code Names

ProjectManager.com

Projects with a higher risk of casualty “ought not to be described by code words which imply a boastful or overconfident sentiment,” he penned. Most organizations use project names as they’re a quick way to remember projects and programs.

2023 417
article thumbnail

4 Unusual Reasons Why Stakeholder Management Is Important

Rebel’s Guide to PM

Reduce and Uncover Risk 3. Reduce and Uncover Risk “Good stakeholder management reduces some risks and makes other risks, which may otherwise by unnoticed, transparent,” Newton says. Your stakeholders can also help you identify new risks.

2023 374
article thumbnail

15 Free PMO Templates for Excel and Word

ProjectManager.com

The process is deceptively simple but it’s an effective way to prioritize your projects. Communication is a vital part of this process. Project Plan Template for PMOs PMOs improve project management by standardizing processes and boosting efficiency.

2023 265
article thumbnail

An Introduction to Construction Management

ProjectManager.com

We’ll also discuss the process and offers some free templates to help in your next construction project. Another delivery method is construction manager at risk (CMAR or CM at risk). Construction Bidding Process. Of course, price is a factor, but risk is also assessed.

article thumbnail

15 Free IT Project Management Templates for Excel, Word & More

ProjectManager.com

IT Risk Assessment Template IT projects are no different than any other type of project in that they’re rife with risk. IT risk carries an extra burden in that most businesses, regardless of what they do, demand that their IT systems work. IT projects are unique.

2023 325
article thumbnail

Risk Identification Techniques and How to Brainstorm Well

MPUG

Risk Identification Techniques At the start of every project, you as a project manager (PM) have a lot of important things to do, and you don’t want to forget any of them. The risk management process is core to our practice of Project Management. Will your RBS contain every risk?

2023 59
article thumbnail

11 Examples of Project Risks And How to Avoid Them

Teamweek

We often plan a project with this overly optimistic mindset — never considering the myriad of project risks out there. So we’ll explore the most common project risks (and how to prevent them) in this guide. The most common types of risks can be filed under the label: “$#!%

2023 95
article thumbnail

How to Make a CPM Schedule: CPM Scheduling Basics

ProjectManager.com

Learn how to make one, leverage some free templates to help and find out how CPM software facilitates the process. This is a negative impact that’ll end up being not only costly but will also add time to the schedule and possibly introduce risks.

2023 319
article thumbnail

Construction Engineering: A Quick Guide With Definitions, Roles and More

ProjectManager.com

Every process is important to construction project management, especially construction engineering. Construction engineering is the process of overseeing and managing a large-scale and complex construction project. Construction is a field with a lot of disciplines.

2023 221
article thumbnail

What Is the Project Life Cycle?

ProjectManager.com

If you’re managing projects, you’ll need the right tools to make the process more effective and efficient. For example, you’ll need to produce important project documentation at each step in the process.

article thumbnail

Weighing the Pros and Cons of Autocratic Decision Making

Rebel’s Guide to PM

The decision-making process is barely a process. Do you want to take that risk? When it comes to project management, autocratic decision making can be a valuable tool for achieving success.

2023 342
article thumbnail

15 Free Word & Excel Templates for Business

ProjectManager.com

Getting the supplies they need, when they need them is done through a request for quote (RFQ) process. ProjectManager is cloud-based software that empowers businesses to work more productively and streamline their processes for greater efficiency.

2023 299
article thumbnail

10 Manufacturing Key Performance Indicators (KPIs)

ProjectManager.com

That can mean reducing waste or even automating processes to keep production teams focused on more important tasks while the smaller tasks are taken off their plate. Lead time can be measured by adding the order process time with the production lead time and the delivery lead time.

article thumbnail

Risk Intelligence: What Is And How It Can Benefit Your Organization?

nTask

In this era of digital transformation, companies are increasingly turning to technology and data-driven solutions to streamline their processes. One such solution is risk intelligence, which involves using data and analytics more effectively to manage risk.

2023 78
article thumbnail

How to Make a Prototype: Product Prototyping Basics

ProjectManager.com

As you might imagine, this is a time-consuming but essential process, it’s not to be overlooked. Regardless of what or how you use a product prototype, there are a few tips that are universal to the process. Project management software can help make the process more efficient.

2023 309
article thumbnail

What’s Your Risk Tolerance?

Bridge the Gap Consulting

I grew up in a bit of a risk-adverse home. Don’t take the risk! Don’t take the risk. Since those conversations, I’ve taken several risks in my career and in my personal life. Each one of these required me taking a risk. Processing… Success!

2023 52
article thumbnail

Club Scrum: What Are You Doing all Day, ChatGPT — as a Scrum Master?

Scrum.org

Join your peers on March 28, 2023 , for a guaranteed class: Advanced Professional Scrum Master Online Training w/ PSM II Certificate — March 28-29, 2023. As a Scrum Master, my primary responsibility is to facilitate the Scrum process and help the team maximize their potential.

2023 180