Project Risk Coach

The Relationship Between Project Risk Management and Project Management

Project Risk Coach

Project management is "the application of knowledge, skills, tools, and techniques to project activities to meet the project objectives" (PMBOK—6th Edition). So, how does project risk management fit into the world of project management?

Risk 267

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.

Risk 361

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.

2019 402

10 Habits of Highly Effective Project Managers

Project Risk Coach

Just because you've been a project manager since the days of "Gilligan's Island" is no guarantee that you are an effective project manager. As a matter of fact, you may be still trying to get off your island. Even the Skipper and the Professor can't seem to help.encouraging.huh?

2019 290

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?

Risk Analysis — The Managing Up Secret Weapon

Project Risk Coach

This is a guest article by Dana Brownlee from professionalismmatters.com. One of the most common questions I get when speaking to groups is “How do you deliver a difficult message to/push back on senior leaders – particularly the difficult ones?”

Risk 348

What are Project Assumptions?

Project Risk Coach

There may be inherent risks when we make project assumptions. We assume certain things to be true when in fact, they may not be. Consequently, we fail to challenge assumptions and continue planning and executing based on false notions. This can be costly.

2019 309

Five Ways to Reduce Risk Exposure Early

Project Risk Coach

When is risk exposure greatest in a project? In the beginning, in the middle, or at the end of the project? It's actually highest in the beginning. Let's look at how to reduce risk exposure early in your projects.

Risk 279

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?

Risk 342

Five Things to Start and Five Things to Stop in Requirements Management

Project Risk Coach

According to PMI, "47% of unsuccessful projects fail to meet goals due to poor requirements management." Requirements are a pretty big deal. Let's look at five things to start and five things to stop in requirements management. 5 Things to Start Identify and engage appropriate stakeholders.

2019 326

Managing The Project Budget - Developing Your Project Management Skills

This eBook describes the process of managing the project budget and its associated costs.

Risk Management Wisdom and Humor of the Ages

Project Risk Coach

Most of us have personal and career goals. Our ability to achieve those goals is dependent on our risk management skills, that is our ability to manage opportunities and threats. We seek to make good things happen and to eliminate or reduce the bad things.

Risk 326

The Power of If-Then Risk Statements

Project Risk Coach

Have you thought about the use of this two-letter conjunction in risk management lately? Let's look at how to use the power of If-Then risk statements. IF is a simple word that can open up new doors to writing clear risk statements. And it can be used to write opportunities as well as threats.

Risk 279

What You Need for a Great Project Charter

Project Risk Coach

In this article, let's explore what you need for a great project charter. John Maxwell says, “All great leaders possess two things: They know here they are going, and they are able to persuade others to follow.”

2019 312

What is Project Risk?

Project Risk Coach

If you say the word “risk” to ten people, each person may think of something different— insurance, threats, investments, bets, or potential loss. As we manage project teams, it's critical that you and your team members have a common understanding of what project risk means.

Risk 338

Top 5 Project Management Report Templates

These FREE most popular templates will help you perform your role more efficiently.

How to Facilitate the Nominal Group Technique

Project Risk Coach

How often have you elicited items such as problems, solutions, or implementation ideas from meeting participants? This sounds simple, but often, participants disagree. The meeting can turn into quicksand. Let's look at the Nominal Group Technique (NGT), a powerful technique for reaching consensus.

2019 254

3 Ways Your Team Makes Your Project More Risky

Project Risk Coach

This is a guest article by Elizabeth Harrin from GirlsGuideToPM.com. Much of the time, risk management at the beginning of a project looks like getting the team in a room to review the whole project and work out what might be coming that could affect how the project proceeds.

2019 358

12 Good Reasons You Are Struggling With Small Projects

Project Risk Coach

"Why am I still having problems with small projects? This plaintive question is one I'm asked from time to time. I'd like to give a few brief reasons why project managers struggle with small projects. Small things have a way of overmastering the great. This small press can destroy a kingdom."

2019 235

Want Better Results in Software Projects? Try 3 Simple Questions

Project Risk Coach

Project managers crave successful software projects. They dream of crossing the finish line with a win. Project managers want to help their company and advance their career. Let's look at three powerful questions to help you identify lessons learned.

2019 223

Walk a Mile in Your Customer's Shoes

Speaker: Steven Haines, Founder and CEO, Sequent Learning Networks

Product professionals use phrases like "voice of the customer," and "user experience" so often that it can be easy to lose sight of their actual meanings. How can we, as product professionals, learn to keep customers and users at the heart of our work? Join Steven Haines, globally recognized thought leader and author, as he guides us through a memorable journey demonstrating how you can walk a mile in their customer's shoes. He'll explore how, by developing true empathy for your users, you can ensure you're creating the features and products they actually want.

5 Powerful Ways to Improve Your Project Approval Process

Project Risk Coach

Many organizations have a Project Board that approves programs and projects resulting in a project portfolio. The Board chooses projects and programs that align and support the organization's mission, values, goals, and strategies.

How to Manage Project Scope

Project Risk Coach

How many times have you experienced scope creep ? You know the drill—you elicit and document the requirements. You receive sign off. You continue to see changes to the requirements. Many projects experience 10, 20, 25-percent change in requirements over the life of the project.

2019 234

What Everybody Ought To Know About Project Risk Owners

Project Risk Coach

So, what are project risk owners and how should project managers identify and assign them? Let's talk. Imagine that you are the project manager of a two-year, multi-million dollar project. During the execution of your project, you take a beach vacation.

Risk 209

Build A PMO You Can Be Proud Of

Project Risk Coach

Some Project Management Offices (PMOs) never get off the ground. I've seen others that are started and year or so later die a slow painful death. So, how can you build a PMO you can be proud of, one that thrives? Why Are There So Many Troubled PMOs?

PMO 305

How To Take Action on Customer Discovery

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

We all want to build successful products - and that means satisfied customers. Before anything else, you must understand what problems you can solve. The best way to do that is to get out of the building and start asking questions. But how can you make the most of those conversations, and ensure that you walk away with productive insights? Join Nick Noreña, educator, entrepreneur, and currently Innovation Coach and Advisor at Kromatic, as he covers how we can effectively action our findings from customer discovery conversations.

10 Ways Project Sponsors Can Boost Project Success

Project Risk Coach

I often ask project managers the reasons for project failure. One of the top responses is a lack of leadership and sustained engagement by the project sponsor. The sponsor paints a fuzzy picture of what they want, throws it over the fence to the project manager, and goes on their merry way.

2019 266

Project Risks and Issues – What’s the Difference?

Project Risk Coach

Do you find yourself working overtime, trying to deal with unexpected disruptions? Some negative events that you thought might happen has now occurred. And it's costing you more time and energy than you thought possible. Overwhelmed?

Risk 283

Taking Action After a Project Management Symposium

Project Risk Coach

You've just invested your precious time in a project management symposium, conference, or training class. Congratulations on being proactive in your project management development. But how can you take action after a symposium to obtain the full benefits of your learning?

2019 279

6 Tools and Techniques for Controlling Risks

Project Risk Coach

Changes in project risks are inevitable. As a project progresses, the probability and impact of current risks change, new risks emerge, and residual risks may increase or decrease. What tools and techniques can project managers use for controlling risks and getting the results they are looking for?

Make an Impact with Analytics and Journey Maps

Speaker: Kirui K. K., Co-founder and CEO of Tanasuk Africa

If you want to offer a better user experience, it can be tempting to track each and every data point in your product. However, this can quickly get complicated and overwhelming as you collect more and more data. How do you know which metrics will help you improve? Kirui K. K., Co-founder & CEO Tanasuk Africa, wants you to know that analytics don't have to be complicated to make an impact - no matter the size of your company. Join him as he explains how to create a customer journey map, then use that map to figure out the metrics you need to know - and how to use them.

Let Me Show You How to Determine Project Budget Reserves

Project Risk Coach

After publishing my article entitled Evaluating Risks Using Qualitative Risk Analysis , I received questions on how to determine project budget reserves. Here are my answers. Project Budget Reserves: Questions and Answers.

Budget 222

6 Tools and Techniques for Controlling Risks

Project Risk Coach

Changes in project risks are inevitable. As a project progresses, the probability and impact of current risks change, new risks emerge, and residual risks may increase or decrease. How can project managers optimize their risk responses and get the results they are looking for?

How to Actually Develop a Project Management Plan

Project Risk Coach

Featuring baselines, subsidiary plans, and other ancillary plans Do you know the 5Ps? Proper Planning Prevents Poor Performance. If this is true, why is it that some project managers put so little time in developing a project management plan?

8 Powerful Ways to Manage Project Quality

Project Risk Coach

When you think of managing the constraints of scope, schedule, cost, and quality, which of these items receives the least focus? Project managers may fail to give quality the attention that it merits. Let's look at 8 ways to manage project quality and get better results.

2019 266

Your Post-Launch Toolkit for Understanding Your Users

Speaker: Brittney Gwynn, former Director of Product, Simple Health

If you've ever launched an MVP, you know that the journey has only just begun. How do you figure out what to do next? You know that you need to look at how different user segments react, but how do you quickly distinguish signal from noise so you can iterate and improve? Join Brittney Gwynn, former Director of Product at Simple Health, as she explains how you can use early customer feedback, usage data, and continuous experimentation to optimize your journey to product-market fit. Whether you're at a brand-new company, or looking to innovate within a more mature organization, or anywhere in between, you'll come away with a new skill set, ready to make the most of your launches.

How to Develop a Quality Management Plan

Project Risk Coach

Entering projects with little consideration to quality can be costly in numerous ways. Let’s look at the project risks when there is no quality management plan. First, we may not meet customer’s needs and expectations.

How to Improve Interpersonal Project Management Skills

Project Risk Coach

Think of the project managers you admire most. Often, these are individuals who possess more than the technical skills such as developing project schedules and performing risk analysis. These project managers have strong interpersonal project management skills. So, what are interpersonal skills?

2019 258

How to Create a Project Affinity Map

Project Risk Coach

Have you ever conducted a project brainstorming session and found yourself drowning in a cloud of ideas? Not a bad thing, but how can we make sense of the ideas? Well, let's see how to create a project affinity map to sort your ideas.

2018 262

The What, Why, and How of Process Mapping

Project Risk Coach

Operational risks includes people risk, technology risk, external event risk, and process risk. In this article, let's talk about process risk and how to reduce these risks through process mapping. When employees leave organizations, these entities may loose daily operational knowledge. You know.

A Simple Framework for Complex User Goals

Speaker: Hannah Stegen, Customer Service Manager, Crescendo

How can you measure and affect your users' behavior if they're not doing something that's easily measurable? You can monitor usage, activation, retention, and more, but those metrics don't always align with every one of your goals for your users. Hope is not lost, however: with the right framework, you can still make sure your users are on track. Join Hannah Stegen (she/her), Customer Success Manager at Crescendo as she explains how you can monitor even the most complex user journeys by breaking them up into Attitude, Intention, and Behavior.