ProjectManager.com

OCTOBER 15, 2020

When managing a project, one is required to make a lot of key decisions. Because of the high stakes, good managers don’t just make decisions based on gut instinct. They prefer to minimize risk to the best of their ability and act only when there is more certainty than uncertainty. What Is Cost Benefit Analysis?

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Risk Management Consulting Risk Budget 516

ProjectManager.com

SEPTEMBER 16, 2021

All projects have risks, but not all risks are the same. There are many potential risks that can affect a project and you need to have a risk management process in place to manage them. This risk management process consists of risk identification, assessment, mitigation and monitoring.

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Risk Project Life Cycle Risk Management Software Review 370

LiquidPlanner

MAY 24, 2023

That’s why effective project management should go beyond theory, and expand to include risk factors – both internal and external. A practical project risk management strategy accounts for team member miscommunications and mistakes, scope creep and shifting client expectations, and any technical difficulties along the way.

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Risk Management Risk Technical Review Budget 158

Inloox

NOVEMBER 16, 2021

New blog series on risk management in projects In the coming weeks, we will focus on a very relevant topic in project management: Risk management. This area of project management is very important, as projects are confronted with permanent changes and thus constantly with new risks.

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Risk Management Risk Planning 193

The IIL Blog

FEBRUARY 28, 2024

By Jorgelina Bross-Puglisi February 28, 2024 Project Managers Have One Key Goal: Project Success By integrating risk management into project management processes, project managers can anticipate and respond to potential challenges, increasing the likelihood of project success. So why not ask AI to give us a hand?

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Risk Management Risk Controlling Artificial Inteligence 162

Project Risk Coach

APRIL 6, 2020

In this blog post, we will explore the differences between qualitative and quantitative risk analysis. Qualitative Risk Analysis Once you've identified your risks, it's important to evaluate your risks. To establish the priorities of the risks. Which risks need a response? What is each?

Risk 243

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ProjectManager.com

FEBRUARY 19, 2019

If a business isn’t prepared for those responses, then they’re taking a great risk. Business impact analysis is a tool to help plan for the inevitability of consequences and their cost. It’s another arrow in the quiver to battle risk. Business Impact Analysis Defined. First, what is business impact analysis (BIA)?

Technical Review 330

Technical Review Software Review Risk Management Risk 330

Project Risk Coach

JANUARY 16, 2020

Thank you for being a part of the Project Risk Coach Community. In this article, I'm sharing my most popular project risk management posts of 2019. So, just how many of you came to the Project Risk Coach website in 2019? I also plan to speak and conduct more project risk management workshops for PMI Chapters in 2020.

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2019 Risk Management Risk 2015 195

nTask

NOVEMBER 12, 2018

Gary David Cohn once said, “If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business.”. Project manager or not – professionals on all levels have to interact with researching, identifying, and resolving risks. Risk Identification Techniques.

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Risk Management Risk Underperforming Technical Team Manufacturing 76

LiquidPlanner

MAY 24, 2022

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?

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ProjectManager.com

OCTOBER 2, 2019

If the quality is not up to their standards, then no matter how efficiently the project was managed, it failed. That’s where requirements analysis comes in. What Is Requirements Analysis? Requirements analysis is nearly self-explanatory: it’s the process of defining the expectations of stakeholders on a project.

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Technical Review Software Review Controlling Defining 205

Proofhub

JUNE 20, 2023

Small Business Risk Management If you’re thinking of starting a new business, learning how to start a t-shirt business or a marketing business is not going to be enough. Internal risk factors are those that are under a company’s control, while external risk variables are those that are beyond its control.

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Risk Management Risk Software Review Governance 78

Project Risk Coach

JANUARY 1, 2019

Thank you for being a part of the Project Risk Coach Community. In this article, I'm sharing my most popular blog posts of 2018. So, just how many of you came to the Project Risk Coach website in 2018? Hopefully, you've gained further insights for identifying, evaluating, responding to and controlling your risks.

2018 150

2018 2019 2014 2015 150

LiquidPlanner

FEBRUARY 14, 2022

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations.

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Risk Management Risk 2012 Prince2 167

Wrike

JUNE 11, 2023

The importance of risk management in IT cannot be overstated. However, with this reliance comes the inherent risks of cyber threats, data breaches, and operational disruptions. Once the risks have been identified and assessed, organizations must develop and implement strategies to manage and mitigate them.

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Risk Management Risk Underperforming Technical Team Technical Review 36

ProjectManager.com

APRIL 16, 2024

In this blog, we’ll go through each step needed to create a timeline in Excel and explain the advantages and disadvantages of doing so. Get your free Timeline Template Use this free Timeline Template for Excel to manage your projects better. Why Should You Create a Project Timeline in Excel?

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Software Review Estimate Executing Monitoring 366

Epicflow Blog

JUNE 10, 2022

Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?

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ProjectManager.com

DECEMBER 26, 2023

Program governance is a critical component to successfully managing a program of projects. Program governance is a practical way for an organization’s program to deliver success by guiding it and providing good management. Program management software is essential to proper program governance. What Is Program Governance?

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ProjectManager.com

MARCH 14, 2023

Project managers understand this and work hard to create change management plans that ensure their projects run smoothly. Project management software helps, too, but if you’re not ready to upgrade, we have some free change management templates that can help you manage change. Remember, this is a change request.

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Change Management Software Review Project Life Cycle Risk Management 305

Project Risk Coach

JUNE 4, 2023

In the world of project management, troubled projects can be a source of frustration, stress, and disappointment for both teams and stakeholders. In this blog post, we will explore some of the key factors that can lead to project trouble and discuss strategies to mitigate their impact.

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Risk Management Technical Review Estimate Risk 243

Project Risk Coach

JANUARY 2, 2017

So much so, I’ve decided to leave the corporate world to help more project managers than ever. Approximately 42,000 visitors came to The Project Risk Coach in 2016, up from 33,000 visitors in 2015. Top Blog Posts for 2016. Evaluating Risks Using Qualitative Risk Analysis – 1,993. Focus for 2017.

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Wrike

JUNE 28, 2023

The SWOT analysis framework is one of the most widely adopted in business and project management. SWOT analysis templates are easy to use and understand. Project managers can use SWOT templates to reduce blindsides and optimize upsides before pumping resources into any project. Remember this one from your school days?

Underperforming Technical Team 36

Underperforming Technical Team Technical Review Risk Management Risk 36

ProjectManager.com

OCTOBER 5, 2023

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. This is why in project management and business in general cost control is so important. Learn how cost control can help you better manage construction or manufacturing projects. The lower your costs, the higher your profits.

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ProjectManager.com

DECEMBER 25, 2023

ProjectManager, an award-winning project management software that plans projects, builds workflows and manages resources, has announced its newest integration with Power BI, a Microsoft business analytics solution that visualizes data and shares insights across an organization or embeds them in your app or website.

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Risk Management Executing Software Risk 352

ProjectManager.com

FEBRUARY 21, 2023

A PMO, or project management office, can be an internal department or an external group or agency that defines and maintains the standards for a company’s project management. PMO Gantt Chart Template The Gantt chart is one of the essential tools for project managers. We’ve collected 15 free templates that are suitable for a PMO.

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ProjectManager.com

NOVEMBER 29, 2023

IT financial management (ITFM) covers the costs of keeping our network, servers and devices running. IT financial management is a bit more complicated than that and we’ll explain by more thoroughly defining the term. Then we’ll list the professionals who are tasked with IT financial management and their key objectives.

Infrastructure 321

Infrastructure Finance Executing Governance 321

ProjectManager.com

JANUARY 12, 2024

Finally, we’ll see how project management software allows you to better manage your workforce. Strategic workforce planning is used by an organization or its project management office (PMO) to achieve its long-term plans. Both of these are ways to measure resource management and are interrelated.

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Planning Estimate Risk Management Budget 342

ProjectManager.com

MARCH 6, 2024

Tableau is an analytics platform that allows organizations to visualize their data on powerful yet user-friendly data analysis charts and diagrams powered by machine learning, natural language processing and predictive analytics. While Tableau doesn’t have project management features, you can still use it to make a Gantt chart.

Software Review 342

Software Review Construction Artificial Inteligence Software 342

ProjectManager.com

SEPTEMBER 6, 2023

Most know of the project management triangle of scope, time and cost. Project management software can help ensure that your project is aligned with the organization. ProjectManager is award-winning project management software that has real-time dashboards to track project key performance indicators (KPIs). There’s also quality.

Software Review 333

Software Review Risk Management Initiating Risk 333

ProProfs Project Management

OCTOBER 21, 2020

of companies manage to complete 100 percent of their projects?’. The reason behind such a poor project success rate could be anything like a lack of resources, unidentified risks, tight budget, unrealistic delivery dates, and so on. . Key benefits of SWOT analysis: . What Is SWOT Analysis? ‘Did you know only 2.5%

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Underperforming Technical Team Technical Review Software Review Infrastructure 98

ProjectManager.com

FEBRUARY 3, 2022

Risks will arise and threaten the successful delivery of your project. Using a risk breakdown structure (RBS) is how you prepare for the unexpected. A risk breakdown structure is great for identifying and prioritizing risks so you know which will be more or less impactful. The Four Categories of Risk in a Project.

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Risk Underperforming Technical Team Risk Management Technical Review 368

ProjectManager.com

NOVEMBER 23, 2023

The use of capital budgeting offers an objective view that helps managers figure out how to invest capital in order to increase business value but also helps the overall health of the company. Capital budgeting is part of the larger financial management of a business, focusing on cash flow implications when making an investment decision.

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ProjectManager.com

JANUARY 4, 2023

They can be internal, such as project managers, teams, owners or investors, or external, such as clients, customers or suppliers. There can be a lot of stakeholders in any project and managing them requires stakeholder management templates. Here are some free stakeholder management templates.

Software Review 245

Software Review Risk Management Consulting Monitoring 245

Wrike

JULY 28, 2023

Risk management is an essential process for businesses to identify and mitigate potential risks that could impact their operations. Fortunately, there is a valuable tool that can greatly aid in this process – the risk assessment template.

Risk Management 36

Risk Management Risk Technical Review Finance 36

ProjectManager.com

NOVEMBER 9, 2023

When working in information technology (IT), an incident can shut down a network or server and stop work, which is why IT incident management is so important. Before we go into the process of IT incident management, let’s first understand what the term IT incident means and how IT incident management is defined.

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Software Review Technical Review Risk Management Executing 347

ProjectManager.com

SEPTEMBER 2, 2022

Then there are your stakeholders whose expectations must be managed. Project reports are tools that project managers use to extract valuable project data. Using Excel Report Templates for Project Management. Excel Report Templates for Project Management. That’s where Excel report templates come in. Learn more.

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Risk Management Risk Software Budget 283

ProjectManager.com

JULY 12, 2023

There are many project management software products available on the market. Oracle Primavera Cloud (OPC) is a project, program and portfolio management software. The software integrates project and portfolio planning with teams, resourcing and risk management as well as scheduling.

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Manufacturing Construction Risk Management Lean 263