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Strategic Risk Management and Projects

Strategy Execution | PMO Perspectives

Experienced managers know the value of the ‘elevator view’, that is, knowing when to press the button for the top floor to look down at the bigger picture, and when to descend to the ground floor to get down ‘amongst the weeds’. At the ground floor our project managers provide assurance that their projects are on target to deliver, according to st ated objectives. Strategic Risk Management. But how important is the strategic leadership and alignment of risk planning?

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Risk Response Strategy (Definitive Guide with Examples)

PM Basics

How to select a Risk Response Strategy? But let me simplify it for you in this article. Here you will find examples of risk responses for both threats and opportunities. But there’s a catch: You may have a limited mindset in regards to dealing with risks. So, I would suggest you review examples of dealing with different risks on a real project first. Click here to read how I managed different kinds of threats. Project Risk Management Overview.

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Top 7 Leadership Articles: Winter Edition

Epicflow Blog

If the sales rate decreases, think over all the parties participating in this process. To understand the figures, there’s nothing better than talking to the heroes involved in the process of data production. How New Managers Can Get Better at Making Decisions.

Do NOT Resolve Project Risks for Good Career Growth


Having been a project manager for all of my working life and now a teacher of project management skills for more than a decade, I always tell my students to follow sound project management principles and to manage risks proactively. Proactive project risk management is integral part of project management. In fact, I think good risk management is half of project management. What is Proactive Project Risk Management?

7 Steps to Write a Risk Management Plan For Your Next Project (With Free Template!)


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. The basics: What is risk management, anyway?

2020 106

Project Management Collaboration Tools FAQ

Girl's Guide to PM

I ran a subscriber-only webinar a while back about trends in project management collaboration tools and the barriers to adopting new technology in a project environment. Read my 5 Step Expert Guide to Choosing Collaboration Tools before you meet any vendors, and work through that process.

2020 285

4 Signs Your Project Intake Process Is Outdated


Does this sound like your current work project intake process? Managing incoming work requests aren’t black and white. Here are 4 signs your project intake process is outdated and some simple steps to build a well-defined project intake process that’ll take your team into the future. Lax communication might work well for smaller teams, but as business scales, you need a project intake request process that helps you manage both your current and incoming work properly.

The PMO Game Changer: A Value-Driven Project Resource Management

The Lazy Project Manager

What is a Value-Driven Project Resource Management? Project resource management by PMO has changed significantly in the last 20 years. It has evolved into a highly value-driven resource management solution. How Value-Driven Resource Management can be a Game Changer for the PMO?

PMO 253

Principles, Processes, and Practices of Project Success

Herding Cats

In the project management world, everyone is selling something to solve some problem. This includes product vendors, consulting firms, and internal providers. Other times, I on the consulting firm acting as an internal provider. Over the years (30 something years) I come to understand and write about the Principles, Processes, and Practices of project success in a wide variety of domains. Here's the summary of these Principles, Practices, and Processes. .

2017 42

AI in Project Management: An Interview with Lloyd Skinner

Girl's Guide to PM

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. Lloyd Skinner.

2021 411

How to Develop a Strong Governance Process with These 6 Tips ?

Projects involved a lot of planning , implementation , and not to mention tracking or detecting issues and problems within the team or the project, and surpassing the following process. It also means successfully identified the stakeholders and risks and the project are already in the plan, ready for implementation. To stay within deadline means having a governance process that everyone will adhere to. This part must be decided by you and your senior managers.

The Value of an Agile Project Management Office


Now imagine that a senior executive starts off his day and decides first to have a quick look at the project dashboard expecting to see metrics such as the current status of projects, earned value indices in terms of money and performances, and top risks. Welcome to the concept of the Project Management Office or PMO. In this article, we will learn about PMOs as organizational structures, about various types of PMOs, and about traditional roles within a PMO.

2021 76

The Stakeholder Salience Model and How to Use It

Girl's Guide to PM

They define salience as: the degree to which managers give priority to competing stakeholder claims. Project stakeholder management and saliency. The saliency model is a tool you can use as part of stakeholder analysis, management and engagement.

2021 359

Picking the Perfect Project Manager to Oversee a System Selection


Ultimately, you need a capable project manager to evaluate various views and requirements and then identify the right system for your organization. Any management system you choose will be tasked with planning, project governance, and resource and risk management.

2020 91

How to Manage Project Scope Without Scope Creep (with examples)

Girl's Guide to PM

One of the reasons for that is scope creep – and that’s what this article is all about. 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. Is scope creep a risk?

2020 383

Project Communication Management: What is it all about?

Girl's Guide to PM

Did you know that 56% of your project budget might be at risk due to poor communications? Perhaps that number (from research by PMI ) surprises you, but I’m sure you aren’t surprised by the fact that good communication management on projects leads to higher success rates.

2021 286

Next Generation Project Management Software

Girl's Guide to PM

The project and portfolio management (PPM) software market is changing. In this article we look at emerging software in the PPM space and discuss how its selection and implementation needs to be done in line with an overarching digital strategy. Project management practitioners are looking for new lean and agile project management tools to support their day-to-day work and often seek them outside the tools that their organisations offer them.

2016 283

10 Career-Limiting Mistakes To Avoid

Girl's Guide to PM

I’ve seen project managers and other colleagues crash and burn. Lots of senior managers. There is a reason that project management has a code of ethics. If you don’t talk about problems then you risk hitting your manager with bad news. Managers meddle.

2020 323

Gantt Charts vs PERT Charts: Why Project Managers are Crazy about Them?


There are many tools and techniques in the project management paradigm that help in the planning and coordination of resources and tasks. In this article, we will talk about what a PERT chart is and why the project managers of the organizational paradigm use it so often.

2021 124

The Complete Guide to Vendor Management


A digital marketing agency, for example, may work with consultants, freelancers, and other creative service providers to satisfy clients. . This is where vendor management comes in. . This article will explain what vendor management is and why it’s important for your organization.

Webinar Recap: Project Management, Critical Event Management and COVID-19: Reflections


Please find below a transcription of the audio portion of Jigs Gaton’s session, Project Management, Critical Event Management, and COVID-19: Reflections, being provided by MPUG for the convenience of our members. Project management, critical event management, and COVID-19 reflections.

The Ultimate Guide To Enterprise Project Management


These projects have a project manager taking control of the successful delivery of the project. Enterprise Project Management is the management of all these projects and ensuring they are meeting the business goals. It is true that risks are inevitable.

2021 78

How To Make 2019 A Successful Year for Your Projects

Girl's Guide to PM

I asked people two questions: What should people managing projects be aware of as we go into 2019 to make 2019 their most successful year ever? I’m sure you take away tips and ideas for making this your best year yet managing projects at work. You'll also have the option on the next screen to opt into my awesome newsletter - weekly project management tips. Mark Phillips runs a consultancy focused on high performing projects. Agile project management is on the rise.

2019 260

How to Turn a Project Around


One of the hardest things to do when you are deep into managing a project is to see precisely when it is going off the rails. Well, the project recovery process does not have to be that hard, and you do not necessarily need high priced consultants to come in and fix it for you.

2020 100

Cost Benefit Analysis for Projects – A Step-by-Step Guide

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.

2020 404

How to Manage Projects using Microsoft Lists


Please find below a transcription of the audio portion of Nenad Trajkovski’s session, How to Manage Projects using Microsoft Lists, being provided by MPUG for the convenience of our members. MPUG webinar, How to Manage Projects using Microsoft Lists. Articles

2021 52

What Can a Project Manager Do Next? The Project Manager Career Ladder

Project Bliss

Have you ever wondered what career path could be next on the project manager career ladder? There are many possible options where you can apply the valuable skills you’ve honed as a project manager. I previously wrote about the different career paths that can lead to project management. And a project manager role can be fulfilling and interesting. Options on the Project Manager Career Ladder. Project Manager. Program Manager. Portfolio Manager.

2017 198

The 8 Levers of Change

Girl's Guide to PM

Solomon talk about the 8 things that you should be targeting if you want the change management effort on your project to stick. What is managed centrally and what is decentralized? Collaboration tools for project managers to consider in this situation.

2021 69

Understanding Project Portfolio Management

Organizations are developing ways on how to keep up with the growing network that can possess these qualities and project portfolio management is thus born. Many people, including those who belong to business organizations, tend to misconstrue, underestimate, and misinterpret project portfolio management. It may be linked to project and program management, but project portfolio management has its own function and discipline. The Gist of Project Portfolio Management.

2017 83

How to Start a Career in Project Management: Answers to FAQ

Epicflow Blog

A profession of a project manager has always been in demand and seems to be gaining momentum more and more. Besides, about 88 million employees will be needed for project management jobs. . How Can I Understand that a Career of Project Manager Fits Me?

The Ultimate List of 41 Free Project Management Templates


Then you need project management templates. A good set of project management templates will make your work easier and more efficient. This article shares 41 such template. Why Do You Need Project Management Templates? Think of the last project you had to manage. You would also have a risk register and a plan to tackle all upcoming issues. This is why every project manager usually has a trusted arsenal of project management templates.

2018 122

IR35: The biggest shakeup in project management careers for a decade

Girl's Guide to PM

There might be a few situations where you could, but as a project manager there’s a lot of knowledge in your head that makes it hard to send in a substitute if you’re off sick for a week. This looks at how work is offered to you and what the process is for accepting it. What is IR35?

2021 260

Project Management Collaboration Tools FAQ

Girl's Guide to PM

I ran a subscriber-only webinar recently about trends in project management collaboration tools and the barriers to adopting new technology in a project environment. Read my 5 Step Expert Guide to Choosing Collaboration Tools before you meet any vendors, and work through that process. That’s it in a nutshell, but that Expert Guide has more detail and my book, Collaboration Tools for Project Managers , covers this in depth. This article contains affiliate links.

2016 233

Project Management for Entrepreneurs: Basic Tools for Successful Projects

Project Bliss

If you’re an entrepreneur or consultant who feels overwhelmed and wants to have more control over your work, project management can be a big help to your startup or consulting work. Project management for entrepreneurs can be a very good thing. Why Project Management Can Be Helpful for Entrepreneurs. If you’re a startup or small business, you may think that project management would be overkill. What Project Management can do for you.

2018 196

Professional Recognition in Project Management Matters

Arras People

It’s been interesting seeing project management develop over the years – so many more people want to get into a project management role yet how to do that has led to mixed and confusing messages. It’s a challenging and exciting job and you enjoy it but project management can be hard to quantify to people in different industries. What Makes a Project Manager a Professional Project Manager? Project Management APM

2017 150

Diversity Management - Why You Should Bring Diversity into Your Business


This article is therefore about Diversity Management (DiM) - the area in the company that works the whole year to value societal diversity and create real value for the company by leveraging diverse talent. Goals and tasks of diversity management?

2021 130

25 mistakes project managers make


The secret to success as a project manager or any other profession is to learn from our mistakes and not repeat common mistakes project managers make; even the experienced ones. Project manager’s role is complicated. Depending on organization’s structure, project management method used by the organization and the team’s experience the role of project manager varies widely from project to project. 25 Common mistakes project managers make.

2017 133

Master’s in Project Management vs MBA: 10 Expert Tips to Help You Decide

Girl's Guide to PM

In this article, I’ll share 10 expert tips from a range of people about their experiences to help you choose the right higher education goals for you, so you can make the right choice for your career. What’s the difference between a Master’s in Project Management and an MBA?

2021 259

New PM, New Choices

Leading Answers

I wrote this article about the choices of approach we have and ways for new PMs to navigate them.). These days, new project managers are exposed to conflicting guidance. Consultants will say,  “Oh, it depends…”  and start a lengthy (aka expensive) conversation. When our projects undertake defined, repeatable work using technologies and approaches our organizations have experience in, then uncertainty and change rates are typically low and manageable.

2019 72

Inspiring Women in Project Management: Erica Pepitone

Girl's Guide to PM

In the Inspiring Women in Project Management series, I normally interview people who have had a relatively long career already. Today I’m interviewing Erica Pepitone, PMP, a first year project manager living, working, and learning in New York City. She’s recently moved from a coordinator job to a project management job – a leap that I know lots of people wonder about making. Erica, you made the jump from project co-ordinator to project manager.

2016 298