Project Risk Coach

Five Techniques for Risk Identification in Projects

Project Risk Coach

Risk identification is an integral part of project risk management. It is essential for any project manager to know what risks might affect a project and navigate them. This article will examine the five techniques for risk identification. Techniques for Risk Identification 1.

Risk 296

What are the Risk Management Roles in Projects and Programs?

Project Risk Coach

As a project manager, you constantly juggle a million tasks at once. And you may overextend yourself, wearing too many hats. How can we find a better balance? This article will provide clear guidance on how to define and assign risk management roles and responsibilities for projects and programs.

2022 311
Insiders

Sign Up for our Newsletter

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

How to Overcome 12 Common Requirements Mistakes

Project Risk Coach

How often have you found new requirements towards the end of your projects? Or perhaps your team said they had gathered the requirements, but in reality, the team had hastily rushed through the requirement process resulting in rework, missed deadlines, and another blown budget.

2022 342

What is Risk Management in Projects?

Project Risk Coach

Risk management comes in many flavors – enterprise, operational, and strategic risk management. But what is risk management in projects? How can we integrate risk management with project management, resulting in greater project success?

Risk 195

Level up Culture & EQ | Sign up for the #CultureDrop

Once a week, culture & leadership expert Galen Emanuele gives free, actionable EQ training in 5 minutes or less. Subscribe to the #CultureDrop and access free resources & content.

What is Risk Management in Projects?

Project Risk Coach

Risk management comes in many flavors – enterprise, operational, and strategic risk management. But what is risk management in projects? How can we integrate risk management with project management, resulting in greater project success?

Risk 195

Project Risk Management: From Principles to Methods

Project Risk Coach

The Project Management Institute (PMI) recently published the Project Management Body of Knowledge Guide (PMBOK®), Seventh Edition which is radically different from previous editions.

2021 328

Have You Left Anything Out of Your Project Management Plan?

Project Risk Coach

Have you left anything out of your project management plan? Check out this checklist to help you identify the baselines and plans that will be most helpful to each of your projects. As I define a project management plan, I strive for clarity, brevity, and simplicity.

2021 318

What is Risk Threshold in Project Management?

Project Risk Coach

In everyday life, a threshold is a strip of wood or stone that forms the bottom of a doorway. And we cross that threshold to enter a room. Projects have risk thresholds that we may cross. In this article, we will explore what a risk threshold is, why it matters, and look at some examples.

Risk 212

PMOs Shifting from Watchdogs to Strategic Enablers

Project Risk Coach

Unfortunately, many Project Management Offices (PMOs) become nothing more than a watchdog, one that ensures compliance to a strict set of rules. In this article, we will explore why this happens and what it takes for PMOs to become strategic enablers.

2022 370

How to Improve Team Effectiveness & Reduce Workplace Stressors Through Exceptional Culture

Speaker: Galen Emanuele - President, Shift Yes LLC

Having a great workplace culture increases engagement and performance, yet many leadership teams lack the tools they need to successfully develop one. In this webinar, you will receive guidance on how to adapt your workplace culture and improve your employee experience.

How to Cash In on Project Opportunities

Project Risk Coach

Some project managers have a defensive mindset. They focus on threats only when opportunities abound. Let's increase our chance of success by seizing project opportunities too. Table Of Contents. 1 Self Assessment Quiz 2 What is an Opportunity? 3 Is an Opportunity a Risk, Really?

2021 307

5 Pre-Vacation Stress-Busting Tips for Project Managers

Project Risk Coach

This is a guest article by Elizabeth Harrin from GirlsGuideToPM.com. When I’m on holiday I want to be, you know, actually on holiday. Enjoying my vacation time, chilling out with a cocktail and a barbeque and playing ball with my kids.

2021 334

3 Ways to Improve Cost Estimates with Your Teams

Project Risk Coach

Do you ever feel like the Lone Ranger when working on cost estimates? Actually, you're not alone; you have a team. Let's explore how to engage your team members and subject matter experts to improve your cost estimates.

6 Practical Ways to Actually Improve Your Cost Management

Project Risk Coach

Think about it for a minute – what have you done in the last six months to improve your cost management? How many of your projects came in over budget? Let's look at some practical ways to actually improve your cost management.

2021 330

Modern Data Architecture for Embedded Analytics

Data has gone from a mere result of applications & processes to being crowned king. Picking the right avenue to data architecture depends on your organization’s needs. Development teams should build in stages, starting with a task that can be solved.

How to Create a Work Breakdown Structure

Project Risk Coach

One of the reasons that project managers fail to properly estimate their projects is they miss key activities when developing their schedules. Why does this happen? The failure to engage stakeholders and create a work breakdown structure (WBS).

2021 329

How to Write Results-Oriented Goals

Project Risk Coach

I see a common problem when reviewing project charters. The goals are activity-oriented, rather than results-oriented. And this can lead to misunderstandings about what the project team needs to achieve. Let's look at how to write results-oriented goals.

2020 353

How to Create a Project 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 develop a project risk management plan.

2020 351

How to Improve the Performance of Your Project Teams

Project Risk Coach

Watch what happens when new teams are formed? Maybe you’ve seen a new team of baseball players, a music group, a civic group, or a business team. The initial dynamics can be rather rocky and uncertain, even with skilled individuals. Let's explore ways to improve the performance of your project teams.

2021 329

Blueprint to Modernize Analytics

The longer you wait to modernize your application’s analytics, the longer it will take for you to realize this value. A blueprint helps you define your new solution, plot out how to get there, and determine what you’ll need in terms of time and resources.

The What, Why, & How of Risk Appetite

Project Risk Coach

A project manager makes decisions based on their risk perspective. That is to say, he or she perceives the organization and stakeholders’ desires and seeks to fulfill them. However, the project manager may miss the mark. Misunderstanding of the stakeholders’ risk appetite.

Risk 195

10 Things Successful Project Managers Never Tolerate

Project Risk Coach

Project managers are not just managers. They’re leaders. Project managers shape and influence their project culture for good or bad. Tolerance can be a great trait. However, project managers must be deliberate in what we will tolerate and what we will not tolerate.

2022 311

Smart Goals for Project Managers

Project Risk Coach

What is the role of the project manager? The PMBOK® Guide, Seventh Edition says, "The project manager is the person assigned by the performing organization to lead the team that is responsible for achieving the project objectives (my italics)." Defining clear objectives and goals is the foundation.

2022 195

How to Develop a Stakeholder Register

Project Risk Coach

A project manager does not possess all of the knowledge and skills necessary to deliver a project. Therefore, each project manager should engage the people and organizations that have interest in the project.

2021 329

Best Practices for Deploying & Scaling Embedded Analytics

Today, sophisticated capabilities such as adaptive security, predictive analytics, workflow, and writeback are taking analytics far beyond basic dashboards and reports. With cutting-edge capabilities like these, application teams are able to differentiate their products from the competition.

Preventing Kickbacks to Those with the Power to Purchase

Project Risk Coach

Charles Hall This is a guest post by my twin brother Charles. He is a CPA and a Certified Fraud Examiner. He is a partner in the firm McNair, McLemore, and Middlebrooks & Co. Charles lives in Macon, Georgia, with his wife Kelley.

2022 195

How to Identify and Manage Emerging Risks

Project Risk Coach

Ask 10 different risk management experts to define emerging risks, and you will likely receive different points of view. In this article, let's define emerging risks, discuss ways to identify them, and look at different ways to manage these risks. What are Emerging Risks?

Risk 347

Manage Risks While Compressing Project Schedules

Project Risk Coach

Project managers are pressured to deliver projects quickly. Sponsors think their project managers are magicians. And in a way, we are. Let us explore ways to compress project schedules and manage the associated risks.

2020 329

How to Conduct a Killer Kickoff Meeting

Project Risk Coach

One thing that I've learned after twenty years of projects. Double down on your initial efforts. And one of the most critical events is your project kickoff meeting.

2021 329

Enhance Employee Wellness to Retain High-Performing Teams

Speaker: Eric Torigian - Managing Director, Advisory Services, CHRO Solutions

During this informative webinar, Eric Torigian, Managing Director at CHRO Solutions, will explore how organizations are emphasizing employee wellness, how that has helped workers attain a healthy "life balance", and how, as a result, this has contributed to corporate success.

The Standard for Risk Management in Portfolios, Programs, and Projects

Project Risk Coach

In this article, let's discuss why risk management standards exist and which Project Management Institute (PMI) standard you should study in preparation for the PMI Risk Management Professional (PMI-RMP®) exam.

2022 195

12 Sure-Fire Ways to Improve Project Risk Management

Project Risk Coach

Mike was a functional project manager in an organization where I managed a PMO. He was winsome and a hard worker. But his projects were trending in the wrong direction and his manager was not happy with Mike's performance.

2020 371

How to Be a Productive Project Manager: 7 Tips

Project Risk Coach

Many project managers feel overwhelmed with emails, phone calls, and meetings. They often work overtime, but few feel as though they are making progress. Although we are all given the same amount of time each day, some project managers are able to produce greater value for their organizations.

2021 329

How to Develop a Project Summary

Project Risk Coach

You get on the elevator with someone who asks you about your upcoming project. Can you clearly describe your project in 60 seconds? Let's look at how to develop a project summary. Perhaps you are on the way out of a meeting with senior leaders when a Vice President asks you about your project. She says, "I only have a minute, but could you give me a brief summary of the project?" Your ability to describe your projects helps others understand your projects.

2022 163

Employee Wellbeing & DEI: Supporting Inclusivity Throughout the Employee Life Cycle

Speaker: Catherine Mattice - Culture Consultant, Business Coach, Strategic HR Expert

Join Catherine Mattice as she details actionable steps for encouraging and reinforcing inclusive behavior from the employees’ first day all the way to their last.

7 Steps to Better Problem Solving

Project Risk Coach

All project managers face problems. Some big, some small. Some easy, some complex. In this articles, let's look at 7 steps to better problem solving. What are your most significant project problems? Communication issues. Changing requirements. Lack of clear goals. Insufficient budget. Scope creep.

2021 340

PMBOK® Seventh Edition Principles and Risk Management

Project Risk Coach

The Project Management Institute (PMI) released the PMBOK® Guide, Seventh Edition in July 2021. This edition is a principles-based guide as opposed to the process-based guide of the Sixth Edition. In this article, let's look at each principle and why each one matters with respect to managing risks.

Risk 195

Five Ways to Improve Project Communication

Project Risk Coach

Communication is the vehicle for successful projects. From the beginning to the end of a project, the project manager and team must plan, execute, and deliver the required products and services while interacting with stakeholders. What are you doing to improve your project communication?

2021 329

The Confusion Over Risk

Project Risk Coach

Why are many project managers confused over risks? Why do some project managers include positive risks in risk management and others do not? Let's clarify what we mean by the term risk. Risk is a Choice Merriam-Webster defines risk as “the possibility of loss or injury: peril.”

Risk 344

Unlocking Your Supply Chains True Potential in The Midst of Disruptions

Speaker: David Food - Head Of Supply Chain at Board International

In this webinar, Supply Chain Futurologist David Food will discuss how to manage risks and build customer loyalty in the midst of disruption. Don't miss out!