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The Risk Management Process in Project Management

ProjectManager.com

When you start the planning process for a project, one of the first things you need to think about is: what can go wrong? Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project. But how do you work towards resolving the unknown? How to Manage Risk.

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How to Identify and Manage Emerging Risks

Project Risk Coach

Ask 10 different risk management experts to define emerging risks, and you will likely receive different points of view. In this article, let's define emerging risks, discuss ways to identify them, and look at different ways to manage these risks. What are Emerging Risks? Click to Tweet. I get this.

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How To Help Your Team Manage Project Risk

Rebel’s Guide to PM

Yes, overall project management is your job, but why not make your life a little easier by helping your team members understand how they can be better at getting the project done? Risk management is a great example. Identify project risks. First, identify the project risks. Log the project risks on a risk log.

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Uncovering the Benefits of Clear Risk Statements

Project Risk Coach

I've looked at many risk registers through the years, and I've had difficulty understanding the risks many times. The risk statements were vague and lacked consistency. In this article, let's explore the benefits of clear risk statements. An accurate picture of one’s risk is important for making sound decisions.

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Book review: Risk Happens

Rebel’s Guide to PM

Mike Clayton defines risk as “uncertain events that can affect outcomes,” in his book, Risk Happens!: Managing Risk and Avoiding Failure in Business Projects. Risk management is the most important of your project controls. So what exactly is project risk management? Risk breakdown structures.

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Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

One key tool to success is understanding how to use organizational process assets effectively. But what is an organizational process asset (OPA)? You might have landed here for the same reason: studying for the PMP exam and wondering how to make sense of this nothing-y term. What are Organizational Process Assets?

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Project Decision-Making: A Process Guide For How To Do It Better

Rebel’s Guide to PM

It’s helpful to have a decision-making process or framework to guide you, especially when faced with complex problems that require additional info from others. In this article, I will provide more detail on a framework for making better decisions in an effective, rational and ethical way. What decisions can you use this process for?

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