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?

Risk Management 158

Risk Management Risk 2003 2007 158

Kiron Bondale

MARCH 3, 2019

A student in a project management class I taught shared the concern that it was very hard for her to get risk responses implemented. Acceptance is a risk response strategy, but project managers are not supposed to just report on accidents, they are expected to prevent them.

Risk Management 273

Risk Management Change Management Risk PMI 273

Project Risk Coach

DECEMBER 2, 2019

In this post, we will explore why stakeholder analysis is important. Why Analyze Project Stakeholders Some project managers say they don't have enough time to analyze the stakeholders. Their power, interest, influence, expectations, and impact differ greatly. Furthermore, I'll provide you with two tools for quick assessments.

Influencer 269

Influencer Energy Risk Management Risk 269

Planview

JULY 29, 2021

Risk management is one of the core project knowledge areas, an essential and ongoing process which can be described as the methodical process of identification, analysis and response to project risks involving several major phases which are similar to all projects. The Risk Analysis Process in Project Management.

Risk Management 78

Risk Management Risk Process Influencer 78

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.

Risk Management 78

Risk Management Risk Software Review Governance 78

Project Risk Coach

AUGUST 13, 2018

Many project managers do a great job of identifying risks. Some even evaluate risks and develop response plans. However, project managers get busy as their projects progress and fail to monitor their risks, resulting in challenged or failed projects. Do Project Managers Really Control Risks?

Monitoring 207

Monitoring Risk Management Risk Controlling 207

MPUG

JUNE 22, 2021

A recent survey of Microsoft Project User Group (MPUG) members found that one top concern for project managers using MS Project was how to manage issues and risks within the Project ecosystem. This is valid because topics like risk management can be contentious, and having multiple sources of the ‘truth’ does not help.

Risk Management 105

Risk Management Risk Estimate Defining 105

ProjectManager.com

DECEMBER 7, 2023

These can influence the outcome of the project, program or portfolio so they must be managed. That’s why project managers and their teams need to take time to identify enterprise environmental factors that might influence their projects and figure out an action plan to mitigate or respond to them in a timely, effective manner.

Underperforming Technical Team 341

Underperforming Technical Team Influencer PMO Governance 341

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.

Risk Management 76

Risk Management Risk Underperforming Technical Team Manufacturing 76

Scrum.org

APRIL 10, 2023

Pre-requisite For Stakeholder Engagement Stakeholder Exploration techniques In this article, we will discuss, Part 2 of Stakeholder Engagement i.e. Stakeholder Analysis and Mapping. Stakeholder Analysis The definition we discussed in the previous article. Pro Tips for Stakeholder Analysis: Don’t do it alone.

Influencer 205

Influencer Governance Government Consulting 205

Rebel’s Guide to PM

NOVEMBER 16, 2023

In our annual global survey , one in five (21 percent) respondents say they are using AI always or often in project management. For project professionals, we recommend exploring AI tools by first understanding what project tasks and deliverables can be automated easily and without risk.

ChatGPT 469

ChatGPT Generative AI Artificial Inteligence PMI 469

Project Risk Coach

FEBRUARY 7, 2022

Unfortunately, many Project Management Offices (PMOs) become nothing more than a watchdog, one that ensures compliance to a strict set of rules. Management sees it as a way to give oversight to all the programs and projects. Third, some PMO managers lack authority and relational influence in the organization.

PMO 457

PMO Underperforming Technical Team Risk Management Energy 457

Rebel’s Guide to PM

MAY 9, 2018

It’s an edited extract from his book Risk Happens ! Group Think Introduces Risk. Therefore, with dissent discouraged, groups tend to endorse higher risk decisions than individuals would. Risky shift is the difference between the average risk taken by individuals and the risk taken by the group.

Risk Management 253

Risk Management Risk Underperforming Technical Team 2018 253

ActiveCollab

AUGUST 18, 2022

Risk is one of the aspects that can impact timeline, budget, scope, and project resources, and there is no way of knowing when it will happen. We can't predict the risks, but we can proactively prepare for them. Implementing efficient risk management methods, such as risk matrix, help us avoid potential damage.

Risk Management 69

Risk Management Risk Influencer Budget 69

Project Risk Coach

JANUARY 3, 2022

In this article, I share 30 risk evaluation tips to help you tap into your genius. Use some of these tips to help you and your project teams determine which risks matter most. One of the top reasons for evaluating risks is to determine which risks are most significant. Always perform the qualitative risk assessment.

Risk 195

Risk Influencer Defining Budget 195

The Strategic Project Manager

FEBRUARY 14, 2024

This post provides an overview of the VRIO analysis framework, a very useful framework today for both strategists and PM’s. The post then provides specific areas where the framework can be most effectively applied as part of a strategic analysis. What is a VRIO framework analysis in strategy?

Underperforming Technical Team 98

Underperforming Technical Team Technical Review Sustainability Innovation 98

Kiron Bondale

SEPTEMBER 25, 2016

What are the implications to project risk management when you choose to deliver a project using an agile approach? Here are a few similarities: Risk needs to be managed through the project’s lifetime, not just at the very beginning. Risk bias and appetite need to be assessed when managing risks.

Risk Management 120

Risk Management Risk Agile Influencer 120

Project Pulse Journal

APRIL 24, 2024

Not having any idea about complexity management and risk management techniques for stakeholders could burden the project team. Imagine if you could accurately identify every stakeholder's needs and influences and strategize your communication and engagement. Ready to transform how you manage your project stakeholders ?

Influencer 52

Influencer Underperforming Technical Team Technical Review Monitoring 52

Rebel’s Guide to PM

APRIL 17, 2024

However, project managers should know about their project’s critical path, especially if there are lots of dependent tasks and the dates are a challenge. These days, I can hit the right button in Microsoft Project, critical path analysis happens behind the scenes and the key tasks are highlighted for me.

Critical Chain 334

Critical Chain Software Review Budget Risk Management 334

Planio

MARCH 11, 2024

Project management is a risky business. Risk management is the art of anticipating potentially project-derailing dangers and putting actionable steps in place to minimize their impact. Risk management is the art of anticipating potentially project-derailing dangers and putting actionable steps in place to minimize their impact.

Risk 88

Risk Technical Review Risk Management Budget 88

Planio

FEBRUARY 12, 2024

Fully understanding customer demand, the broader market, and the competitor landscape is vital to ensure you don’t fail - and that’s where a competitive analysis can help. Jump to a section: What is a competitive analysis? Download our free competitive analysis template and get a headstart on creating your own analysis today.

Underperforming Technical Team 88

Underperforming Technical Team Technical Review Estimate Influencer 88

Kiron Bondale

JUNE 14, 2020

I’ll admit to being hyperbolic with the title of this article, but a question posed today in one of the project management LinkedIn discussion groups managed to sidetrack what I was intending to write about this week. The author asked what needs to be considered when planning risk responses.

Risk 207

Risk Risk Management Influencer Governance 207

Planio

MARCH 27, 2023

Unfortunately, too many project managers and development teams are eager to build and skip the stakeholder analysis stage. Stakeholder analysis is the best way to identify, categorize, and plan your engagement strategy with everyone who’s interested and can influence the outcome of your project. But this is a mistake.

Planning 78

Planning Development Team Review Influencer Initiating 78

Rebel’s Guide to PM

AUGUST 3, 2021

They define salience as: the degree to which managers give priority to competing stakeholder claims. Project stakeholder management and saliency. Project management relies on people: you need the project team to get things done, and that team might include members of different stakeholder groups. Dominant stakeholders.

Influencer 468

Influencer Governance Government Defining 468

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.

Change Management 306

Change Management Software Review Project Life Cycle Risk Management 306

Techno-PM

JUNE 18, 2023

A PESTLE analysis is a strategic tool used to assess the external factors that can impact an organization or business. The analysis helps identify potential opportunities and threats in the external environment, enabling businesses to make informed strategic decisions. How is PESTEL Used in Financial Analysis?

Artificial Inteligence 36

Artificial Inteligence Sustainability Influencer Governance 36

Leading Answers

JANUARY 16, 2021

This article explains what a risk-adjusted backlog is, why they are useful, how to create one and how teams work with them. What is a Risk-Adjusted Backlog? A risk-adjusted backlog is a backlog that contains activities relating to managing risk in addition to the usual features associated with delivering value.

Risk 145

Risk Underperforming Technical Team 2006 2012 145

Planio

APRIL 3, 2020

As a project manager, you of all people know the truth of this old adage. Get your free template and create your own risk management plan. We have designed an easy to use Risk Management Template for you to use for free. We have designed an easy to use Risk Management Template for you to use for free.

Risk Management 120

Risk Management Risk Planning Technical Review 120

Rebel’s Guide to PM

AUGUST 9, 2021

Early on in my career, I had a call from the post room manager. We define it like this: The systematic identification, analysis, planning and implementation of actions designed to influence stakeholders. You probably don’t need to be told of the risks of not engaging stakeholders. Beyond the interest and influence grid.

Influencer 473

Influencer Risk Management Controlling Energy 473

Rebel’s Guide to PM

DECEMBER 14, 2022

I know what it’s like: analysis paralysis kicks in, and the responsibilities of making a big call can weigh heavy on stakeholders… so they procrastinate, and you don’t get any answer at all. It’s like agile project management for decision making: taking small steps towards a larger goal. Just what the name says! Implement the decision.

Governance 332

Governance Government Risk Management Influencer 332

Rebel’s Guide to PM

JULY 22, 2023

The easier part is always implementing that decision – after all, isn’t that what project managers do? As a project manager, you will be used to making multiple decisions on a daily basis. Some of the most common decisions for project managers are related to cost, scope, resources, and schedule. We would delay the pilot.

Software Review 296

Software Review Monitoring Risk Management Governance 296

ProjectManager.com

MARCH 9, 2022

Let’s take some time to define what a stakeholder is, examples of stakeholders and free stakeholder templates that can help with stakeholder management. Stakeholders are very important because they can have a positive or negative influence on the project with their decisions. There’s more than one answer to that question.

Software Review 483

Software Review Influencer Governance Government 483

Rebel’s Guide to PM

MARCH 11, 2021

Where is artificial intelligence taking project management? AI has turned up in the project management trends articles over the past few years and it’s now most definitely here to stay. The impacts of artificial intelligence in project management. PWC predicts that 80% of project management work will be eliminated by 2030.

Artificial Inteligence 505

Artificial Inteligence 2030 Technical Review Underperforming Technical Team 505

MPUG

NOVEMBER 13, 2023

’ My approach to Project Management has a similar philosophy: ‘If you only have one tool, you have no tools.’ ’ I like a big selection of tools to call upon for any Project Management job I may want to take on. And what could be more important than Stakeholder Analysis?

Influencer 59

Influencer Closing PMI Construction 59

Inloox

FEBRUARY 15, 2022

Does this sound familiar: A manager calls an employee in and proudly informs them about new challenges, ideas and projects. risk analysis ), concepts are usually created as a starting point for important and large projects, as well as other endeavors. Assessment criterion as to whether opportunities or risks predominate.

Underperforming Technical Team 217

Underperforming Technical Team Risk Management Risk Influencer 217

Rebel’s Guide to PM

SEPTEMBER 14, 2020

Scope creep in project management is where additional requirements are added to the project, beyond what was originally agreed and these additions are not formally authorized. Scope creep is caused by lack of requirements management. The project manager is responsible for letting scope creep affect the project.

Underperforming Technical Team 450

Underperforming Technical Team 2009 Controlling Risk Management 450

Rebel’s Guide to PM

JULY 19, 2021

The easier part is always implementing that decision – after all, isn’t that what project managers do? As a project manager, you will be used to making multiple decisions on a daily basis. Some of the most common decisions for project managers are related to cost, scope, resources, and schedule. We would delay the pilot.

Process 431

Process Software Review Monitoring Risk Management 431