Project Risk Coach

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 195

How to Develop a Simple Scope Management Plan

Project Risk Coach

How can you develop a scope management plan quickly that provides value to the project? It's not as complicated as it may seem. Some project managers check the Project Management Body of Knowledge (PMBOK® Guide) for advice, which I think is a great place to start.

2021 195
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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 328

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.

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Report by Dresner Advisory Services: Embedded Business Intelligence Market Study

According to the 2020 Dresner Embedded Business Intelligence Market Study, embedded business intelligence is crucial for application success. This report explores the current state of BI and why application teams are increasingly choosing an embedded solution.

What is the Management Reserve for Project Budgets?

Project Risk Coach

Have you ever run out of money for a project? Unforeseen risks knock at your door. You look at your budget, but you don't have the funds to respond to these risks. Let's explore management reserves for projects, who controls them, and how to estimate the reserves.

2021 244

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.

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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 296

How to Manage Stakeholder Conflict

Project Risk Coach

Project managers encounter conflict regularly over schedules, project priorities, human resources, requirements, and technical opinions, to name a few. Individuals, groups, and organizations have different opinions, sometimes strong opinions.

2021 244

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.

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What is Contextual Analytics? The Next Evolution of Embedded Analytics

Download this whitepaper to learn what contextual analytics is, how BI platforms like Yellowfin revolutionize the way users discover insights from their data with native contextual analytics, and how it adds value to your software solution by elevating the user experience.

How to Make Better, Faster Decisions

Project Risk Coach

Our projects are the sum total of all the decisions we’ve made – budget decisions, schedule decisions, scope decisions, requirements, selection of team members, and the list goes on. My goal today is to help you make better project decisions.

2021 244

How to Improve Problem Solving with Lessons Learned

Project Risk Coach

This is a guest article by Elizabeth Harrin from GirlsGuideToPM.com. So you’ve got a problem. It’s on the issue log. You’ve pulled together the key subject matter experts who can help get the project over this hurdle. But how do you come up with the answer?

2021 291

The Curse of Project Management Knowledge

Project Risk Coach

Are you guilty of using project management jargon and acronyms? Do your team members understand what you are saying? If not, perhaps you have fallen under the curse of project management knowledge. Can I be painfully honest with you for a minute? What I am about to say may not feel good.

2020 243

How to Communicate Risks

Project Risk Coach

Ninety percent of a project manager’s job is communication. And one of the most important things to communicate is your risks. How do you communicate risks? Communicating Project Risks 1. Understand Your Stakeholder Needs and Preferences It all starts with your stakeholder.

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How to Measure DevSecOps Progress and Ensure Success

Speaker: Shannon Lietz, Director of DevSecOps Team, Intuit

The new DevSecOps team is up and running, and you feel ready to take on rising security threats while delivering quality software updates. But that leaves just one question: how do you monitor your new program as effectively and efficiently as possible? Join Shannon Lietz, Director of DevsecOps at Intuit, and award-winning innovator, to learn the answers to these questions so you can lead your DevSecOps team to the top!

4 Tips for Developing a Risk Management Plan

Project Risk Coach

Steven Covey introduced the concept of Quadrant II activities—working on things that are important but are not urgent. Planning is a powerful Quadrant II activity that can save you time and energy. Think about the future so you can make better decisions in the present.

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Who Approves Your Project Change Requests?

Project Risk Coach

Who approves your project change requests? On one project, the sponsor tells the project manager to make the decisions. On other projects, the sponsor makes the decisions. And yet, in other cases, senior management gets involved.

2021 195

10 PMO Problems and How to Manage Them

Project Risk Coach

One of my popular blog posts is 40 Reasons PMOs Fail. In this article, we go a step further. I highlight 10 of the 40 PMO problems and provide ways to manage them. 10 PMO Problems and Solutions 1. No project sponsor or project charter for the implementation of the PMO.

2021 211

40 Reasons PMOs Fail

Project Risk Coach

I've been managing projects and programs for more than 20 years. I've seen a little bit of everything. I've also had the joy and the pain of implementing three Project Management Offices (PMOs), two in Information Technology Departments and one Enterprise PMO.

2020 243

Business Monitoring Systems: Using ML to Analyze Metrics

This whitepaper discusses how automated business monitoring solutions like Yellowfin Signals revolutionize the way users discover critical and relevant insights from their data.

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 244

What is Risk Attitude?

Project Risk Coach

In today's article, I'll test your understanding of risk attitude. We'll also explore different risk attitudes and how they can affect risk evaluations. Project managers should seek to understand the risk attitudes of key stakeholders because: A.

Risk 255

How To Exploit and Enhance Project Opportunities

Project Risk Coach

Imagine a project manager that focuses primarily on identifying and managing project threats and very little on opportunities. This one-sided mindset can be costly. The best project managers know how to exploit and enhance opportunities. What is a Project Opportunity?

2020 230

PMI-RMP: FREQUENTLY ASKED QUESTIONS FOR 2021

Project Risk Coach

LAST UPDATED ON DECEMBER 14, 2020, BY HARRY HALL THIS ARTICLE CONTAINS AFFILIATE LINKS. WE MAY EARN A COMMISSION IF YOU CLICK A LINK AND MAKE A PURCHASE. IT DOES NOT COST YOU EXTRA. THANKS FOR YOUR SUPPORT! Are you confused about the PMI-RMP exam? Not sure what to study?

2021 235

Are Your Embedded Analytics DevOps-Friendly?

Does your analytics solution work with your current tech stack and DevOps practices? If not, any update to the analytics could increase deployment complexity and become difficult to maintain. Learn the 5 elements of a DevOps-friendly embedded analytics solution.

PMP® vs. PMI-RMP® Certification

Project Risk Coach

Do you have your PMP® certification, but you're thinking about obtaining another Project Management Institute (PMI) certification? PMI offers eight certifications. Let's compare the Project Management Professional (PMP®) and the PMI Risk Management Professional (PMI-RMP®) certifications.

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How To Improve Your Bottom Line Through Projects

Project Risk Coach

Successful companies know a little secret – making your dreams a reality requires alignment between your strategies and your projects. It's not a matter of just working harder; success requires doing the right things at the right time with the right people.

2020 235

How to Become a Better Project Communicator

Project Risk Coach

Project managers spend a large part of each day communicating—facilitating meetings, emailing stakeholders, responding to texts, writing reports, and having one-on-one conversations. We are so busy, we rarely take the time to improve the effectiveness of our communication.

2020 230

10 Ways to Engage Project Stakeholders

Project Risk Coach

Do you have a stakeholder engagement plan? Have you stopped to think about the diverse needs of your stakeholders? Which stakeholders have the most power and influence? When and how will you engage these people? What is a Stakeholder Engagement Plan?

2019 277

How to Select an Embedded Analytics Product: 12 Criteria to Consider

This report is designed to help readers select an embedded analytics product. It provides 12 criteria to consider when evaluating embedded capabilities. It also comes with a companion spreadsheet that enables users to score and compare products along these 12 dimensions and others they may add.

Risk Management: When All Hell Breaks Loose

Project Risk Coach

What would you do if all hell breaks loose in a critical company project that you are managing? You lose two of your best team members. Your budget is shot. A key stakeholder is breathing down your neck. Behind schedule by four weeks. You haven't slept well in two weeks. And you feel like throwing in the towel. Taking on Risky Projects Some projects are more risky than others. A project sponsor sees an opportunity. It's a stretch and he knows it, but he wants to try anyway.

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How to Deal With Pre-assigned Project Resources

Project Risk Coach

Looking for ways to improve your project success? People matter more than technology and processes. However, project managers rarely choose their teams. Let's talk about how to deal with pre-assigned project resources. Are you working in an organization where your project resources are preassigned?

2020 224

How to Perform a SWOT Analysis

Project Risk Coach

If you are looking for a great way to engage your key stakeholders and identify project risks, perform a SWOT Analysis. Project managers or other facilitators can use this powerful tool to identify strengths and weaknesses. Furthermore, strengths may give rise to opportunities and weaknesses may lead to threats. Let's look at how to perform a SWOT Analysis. SWOT Example. What is SWOT? S Strengths.

2019 310

7 Ways to Improve Project Estimates

Project Risk Coach

Why do so many projects come in late and over budget? Poor estimates are often a major factor in these projects. So, let's look at 7 ways to improve project estimates. Define the project work One of the top reasons for poor estimates is poor project definition.

4 Approaches to Data Analytics for Your Application

Selecting the right solution for your embedded analytics is crucial to the success of your application. But with so many solutions and vendors, how do you make this critical selection? Learn about the different approaches to analytics and the pros and cons for each.

17 Powerful Ways to Learn Project Management

Project Risk Coach

Years ago, I had a great job managing about 50 Information Technology professionals. However, I wanted to become a project manager. Therefore, I made a difficult decision to change companies and jobs. Consequently, I needed ways to learn project management quickly.

2020 224

Qualitative vs. Quantitative Risk Analysis

Project Risk Coach

In this blog post, we will explore the differences between qualitative and quantitative risk analysis. What is each? And when should you perform these processes? Let's dive in. Qualitative Risk Analysis Once you've identified your risks, it's important to evaluate your risks.

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How to Build and Use a Risk Register

Project Risk Coach

Project managers constantly think about risks, both threats and opportunities. What if the requirements are late? What if the testing environment becomes unstable? How can we exploit the design skills of our developers? Let’s consider a simple but powerful tool to capture and manage your risks—the Risk Register. What to Include in a Risk Register. The Risk Register is simply a list of risk-related information including but not limited to: Risk Description.

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3 Ways to Reach Project Decisions

Project Risk Coach

Project managers are faced with numerous decisions. And many times, you need to engage your project team in reaching project decisions. Voting may be used to quickly make a decision. A decision is reached when the largest block of individuals vote for an option is called: A. Majority vote B.

2020 254

Task Management For Project Managers

How can project planning that stretches over months or years remain relevant and account for new ad-hoc activities that arrive every day?