MPUG

APRIL 26, 2021

Let’s consider the following scenario based true events which occurred within an organization I worked closely with recently. Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. What is Enterprise Risk Management?

Governance 122

Governance Government Risk Management Risk 122

Productivity Land

JULY 17, 2023

However, navigating uncertainties requires effective risk management. In this article, we will delve into the world of agile risk management, exploring strategies to identify, assess, and mitigate risks in projects. By recognizing and categorizing these risks, project teams can proactively address them.

Risk Management 79

Risk Management Risk Technical Review Agile 79

Rebel’s Guide to PM

JULY 4, 2020

If you aren’t using PRINCE, or if you want some general guidance as well about project closure documents and so on, read this next: How to close a project. A project has a start, a middle and an end, so closing a project is an important part of the project management lifecycle. How Does PRINCE2 Handle Closing a Project?

Prince2 323

Prince2 Closing Risk Management Initiating 323

Scrum.org

JULY 10, 2018

Often I hear people say that Scrum does not take care of risk: there is no risk log, risk is not on the agenda of the Sprint Review or Retrospective as a standard agenda-item. That's a risk right there! How is risk managed in Scrum? Scrum is all about risk management. Different types of risks.

Risk Management 141

Risk Management Risk Technical Review Underperforming Technical Team 141

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free. Risk Management Plan Definition. Risk Register, WBS). Introduction.

Risk Management 105

Risk Management Risk Planning Technical Review 105

MPUG

APRIL 4, 2022

The role of a project manager (PM) is not only to plan, execute, and track a project, but that of closing a project properly. I see many PMs use the MS Project software tool to work on a project over its life cycle, but most don’t use MS Project to close the project. These should be inactivated as you close the project.

Closing 109

Closing Performance Measurement Project Life Cycle Executing 109

Project Risk Coach

FEBRUARY 4, 2019

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?

Controlling 199

Controlling Risk Technical Review Performance Measurement 199

Rebel’s Guide to PM

SEPTEMBER 24, 2023

PRINCE2® is a project management method. It’s structured, and experience-based, created from the lived experience of thousands of project managers and successful projects. It’s a customizable way of managing and controlling the work. Manage by exception I love this principle. What is PRINCE2®? Who is PRINCE2® for?

Prince2 351

Prince2 Technical Review Governance Government 351

Project Risk Coach

AUGUST 20, 2018

Some project managers start their projects with a strong focus on risk management. In this article, I am providing questions that can help you in monitoring project risks and as a result, achieve better results. Other project managers start out strong and stick with their risk management.

Monitoring 170

Monitoring Risk Risk Management Closing 170

Project Risk Coach

SEPTEMBER 12, 2022

On April 1, 2022, the Project Management Institute (PMI®) rolled out the new PMI-RMP® exam. In this article, let's examine why the new PMI® Standards matter and what to look for in your PMI-RMP® training. Why Take the Risk? I share articles, videos, and a short exam in this FREE course to jumpstart your preparation.

PMI 221

PMI 2022 2009 2021 221

Project Risk Coach

AUGUST 27, 2018

In this article, we will look at how to conduct a risk audit to evaluate the effectiveness of your risk management. Additionally, we'll also talk about how to be more forward thinking through risk reviews. Good Risk Management fosters vigilance in times of calm and instills discipline in times of crisis.”

Risk 186

Risk Risk Management Controlling Closing 186

Wrike

SEPTEMBER 30, 2023

Effective risk management is crucial for the success and sustainability of any business. By identifying and addressing potential risks, organizations can minimize their impact and ensure continuity of operations. These risks can arise from various sources, such as financial, operational, legal, or technological factors.

Risk Management 36

Risk Management Risk Technical Review Monitoring 36

MPUG

JUNE 6, 2022

But, how does all of this fit into Risk Management? Risk Managers don’t toss coins or calculate heads/tails in an experiment. Probability Distribution and Risk Management. With the above basics, let’s consider another example to understand probability distribution from the perspective of risk management.

Risk Management 64

Risk Management Risk Estimate 2019 64

MPUG

JANUARY 17, 2021

As I interact with various project, program, and portfolio (PPP) management professionals who use my courses, read my books, and/or attend my webinars, I get many queries on the risk management life cycle approach. A few questions come to mind: How do we address risks in the entire context of projects, programs, and portfolios?

Risk Management 103

Risk Management Risk Closing Monitoring 103

PM Basics

SEPTEMBER 8, 2022

It is hard to imagine what you can do with a project risk. What can you, as a project manager, do to mitigate a risk? Adding some risk reserves and removing requirements from the scope are not the only options. I want to share some stories of risk management with you. Risk of Losing an Important Team Member.

Risk Management 52

Risk Management Risk Underperforming Technical Team Technical Review 52

Rebel’s Guide to PM

MARCH 12, 2022

Project governance is an important part of project management processes – even if it’s not the most exciting part of getting work done. As a project manager, part of your role is shepherding the work through the project lifecycle. Risk management. Expectation management. Benefits of gate reviews.

Prince2 389

Prince2 Governance Government PMO 389

Project Pulse Journal

NOVEMBER 21, 2023

Many projects risk failure during the closure phase due to overlooked details, miscommunication, teams disbanding too early, or simply the rush to finish. Imagine steering your project to a successful close, with every stakeholder satisfied and every team member proud of the collective achievement. What is Project Closure?

Closing 52

Closing Technical Review 2015 Risk Management 52

Rebel’s Guide to PM

OCTOBER 19, 2023

Attending a project management conference is an excellent way to network with other project managers, build your skills, and improve your career. We have compiled a list of project management conferences in the UK so that you can stay close to home. Looking to travel a bit further? Please fill out this form.

2024 344

2024 2023 PMO Governance 344

Rebel’s Guide to PM

DECEMBER 21, 2022

Do you have a release manager on the team? It wasn’t until I worked in IT as a project manager that I had a lot of contact with the release management process. In this article, I’ll explain what a release manager does and what skills you need to make a success of this role. What does a release manager do?

Technical Review 418

Technical Review Software Review Cadence Software Developers 418

Rebel’s Guide to PM

OCTOBER 1, 2023

You’ve probably heard project managers talk about project assurance, but what exactly is it? Provide advice to the project manager The assurance function will advise on who should be part of the project team. They can also help the project manager tailor the approach, methods or controls used to make sure it is fit for purpose.

Prince2 343

Prince2 PMO Risk Management Risk 343

Rebel’s Guide to PM

JULY 28, 2023

RAG reporting is a good way to draw management’s attention to projects that need support. Let’s learn more about RAG in project management because it’s a really useful, visual way of communicating project status. What is RAG is project management? Senior management support is needed.

Software Review 280

Software Review PMO Risk Management Closing 280

Project Risk Coach

OCTOBER 18, 2021

Are you aware that the Project Management Institute (PMI) is updating the PMI-RMP exam? Second, you will receive a 20% rebate (approximately 6 weeks after the close of the pilot). Moreover, the exam is being updated with terms and concepts that are in alignment with the PMBOK® Guide and the new Risk Standard. Table Of Contents.

PMI 221

PMI 2021 Certification 2022 221

Rebel’s Guide to PM

MAY 2, 2022

The mission of a project portfolio manager is clear enough: maximize the business benefits of projects. In this article, you’ll learn the top 5 key considerations and knowledge areas under which the main criteria for managing a project portfolio can be grouped. Consideration #2: Managing complex risk is all about balance.

Technical Review 350

Technical Review Risk Management Governance Government 350

Wrike

OCTOBER 6, 2023

In the world of project management, uncertainty is an ever-present element that can greatly impact the success or failure of a project. It is essential for project managers to understand the nature of uncertainty and how it manifests in various forms. This uncertainty can impact project timelines and deliverables.

Risk Management 36

Risk Management Risk Technical Review Underperforming Technical Team 36

Kiron Bondale

AUGUST 22, 2021

Secondary risks are those which arise based on the implementation of a response to an identified risk. Similar to other risks, secondary risks can fall into known-unknown and unknown-unknown categories. As readers of my recent articles will know, we recently moved into a new house.

Risk 207

Risk Closing Leadership Risk Management 207

ProjectManager.com

JANUARY 26, 2024

Asana is a popular work management software that helps teams collaborate on tasks and projects. Microsoft Project is a popular project management software that has the tools that project managers need to manage teams and projects. ProjectManager is the project management winner in the Asana vs. Microsoft Project bout.

Software Review 313

Software Review 2024 Aerospace 2008 313

Kiron Bondale

SEPTEMBER 6, 2020

Harvard Business Review published an article this week about how boards can prepare for unexpected calamities such as pandemics, natural disasters or cyber-attacks. A common mandate for a steering committee is to help guide projects in the right direction by providing ongoing support to the sponsor and project manager.

Planning 334

Planning Risk Management Leadership Governance 334

Rebel’s Guide to PM

JANUARY 30, 2024

Employers also see reducing risk as a benefit. In my article on how to convince your boss to go (or stay) remote , I shared research on how 73% of managers reported reduced risk with flexible work, as employees can work regardless of bad weather, illness, and various other factors. (I’m We’d love to hear from you.

2018 298

2018 Risk Management Energy Risk 298

Rebel’s Guide to PM

MAY 31, 2023

Project managers know that cooperation boosts productivity on projects and is beneficial in a team environment. Teamwork ensures that resources are well-managed and less time is needed to complete a project. And if that wasn’t enough, here are 10 reasons why teamwork is vital to effective project management.

Risk Management 296

Risk Management Leadership Risk Innovation 296

Rebel’s Guide to PM

NOVEMBER 25, 2023

And project managers contribute hugely to that because we go out and look for it. We challenge leaders, we talk about risk and what might go wrong and we call people out on poor performance through project monitoring and control. Project management conflict examples in the Concept Phase First up, the Concept or Initiation Phase.

Underperforming Technical Team 319

Underperforming Technical Team Software Review Risk Management 2012 319

Rebel’s Guide to PM

NOVEMBER 22, 2022

Disadvantages of teamwork can include conflict between team members, difficulty in making decisions, and feelings of isolation from the rest of the company if you’re not working closely with others on a daily basis. Better risk management 4. Better risk management. Difficult to reach consensus 3.

Risk Management 429

Risk Management Risk Closing Leadership 429

Scrum.org

JANUARY 29, 2024

See our article What is Iterative, Incremental Delivery? In this article, we'll explore - and debunk! This iterative feedback loop ensures that the final product aligns closely with client expectations, ultimately leading to higher satisfaction. Check out our article Why Predictability Matters in Scrum for more on this topic.

Software 195

Software Estimate SCRUM Risk Management 195

Kiron Bondale

JANUARY 9, 2022

Bruce Lee might have been referring to improvement in one’s mastery of the martial arts when he uttered the title of this week’s article, but when Daniel Pink referenced it in his latest Pinkcast , it reminded me of how apropos it is to many things. Which brings us to project delivery. Consistency creates results! (If

Risk Management 330

Risk Management Risk Closing Leadership 330

Rebel’s Guide to PM

OCTOBER 10, 2022

They also are the main risk-taker and decision-maker on the project so it’s important to have them around. The project management plan is the responsibility of the project manager, although everyone in the team will end up having input to it. We recommend: Project Management Plan Template. You manage lessons learned.

Governance 419

Governance Government PMO 2016 419

Wrike

APRIL 2, 2020

But, any project manager will quickly tell you that’s not the case. Every project brings a whole lot of risk and uncertainty with it — particularly in the construction industry. It’s in those circumstances that the project delivery manager has to swoop in and course correct. . Risk #1: Labor shortages.

Construction 85

Construction Risk Management Risk Technical Review 85

PM Basics

NOVEMBER 6, 2018

It is hard to imagine what you can do with a project risk. What can you, as a project manager, do to mitigate a risk? Adding some risk reserves and removing requirements from the scope are not the only options. I want to share some stories of risk management with you. Risk of Losing an Important Team Member.

Risk Management 82

Risk Management Risk Underperforming Technical Team Technical Review 82

PM Basics

SEPTEMBER 7, 2022

Here’s the most important thing you need to take from this article. Risk identification is not a rigid process that you follow step-by-step. Instead, good risk identification comes from communication and collaboration with all project stakeholders. Moreover, you need to educate others on how to use your risk management process.

Risk 109

Risk Software Review Underperforming Technical Team Risk Management 109