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12 Questions for Monitoring Project Risks

Project Risk Coach

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. ” When Should We Monitor Project Risks?

Project Management Processes & Phases

ProjectManager.com

If so, it might be time to start implementing proven project management processes and phases at your organization in order to bring your company’s workflow under control. Phases of Project Management. Administrate: Manage the contracts secured in the project.

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6 Tools and Techniques for Controlling Risks

Project Risk Coach

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. Allow me to introduce you to two project managers—Tom and Susan.

How to Conduct a Risk Audit and a Risk Review

Project Risk Coach

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. How to Conduct a Risk Audit. How Do Risk Audits Help?

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How to Unite Enterprise and Project Risk Management

Project Risk Coach

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. Plan Risk Management.

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How to Unite Enterprise and Project Risk Management

Project Risk Coach

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. Plan Risk Management.

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How to Build a Robust Project Risk Culture [8 Steps]

Online PM Courses

A robust risk culture goes beyond having a strong basic risk management process. Some of my readers may hope to influence the risk culture of their whole organization. For you, the right aspiration is to build a positive risk culture within your project.

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The Project Manager’s Guide to Simple Risk Analysis

Online PM Courses

Risk analysis is both easy and hard at the same time. No project manager can get by without knowing how to analyze risk on your project. Risk is important, because it is baked into the nature of projects. Risk analysis is one part of the wider Risk Management process.

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Do NOT Resolve Project Risks for Good Career Growth

MPUG

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. Identify risks. Articles

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. Risk Rank.

Things You Need To Know About Business Process Management

Project-Management.pm

Way back in the world of business industries, different forms of management were similar to one another in terms of roles or tasks like schedules and deliveries. Business Process Management was not an essential tool for project management since the latter has a set of alternative factors that can work on its own. It doesn’t take a genius to work it out that each stage of the project undergo different processes that are all at work to make the desired success happen.

Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management.

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The 30 Most Popular Project Management Articles from 2017

MavenLink

Project management is one of the most rapidly growing fields globally, because of its highly valuable application towards strategic business goal attainment. As a result, some of the most widely recognized technology and business publications are placing more focus on project management.

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Risk Management Examples: 9 Behind the Scenes Stories

PM Basics

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.

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A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects.

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How To Create A Simple Project Plan (Project Planning Process)

PM Basics

You need to apply knowledge and skills from all aspects of project management. Nevertheless, project planning is a structured and logical process. In this article, I’ll show you a proven workflow. For me, planning is one of the most exciting parts of the project management.

Risk Register Example – All You Need to Know About It

PM Basics

Risk Register is the most important document in the project management. Risk Register is a document that contains the information about identified risks, results of Risk Analysis (impact, probability, effects), as well as Risk Response Plans. Risk Category.

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Project Management Job Description

Girl's Guide to PM

The project management job descriptions you see in profiles on LinkedIn might not represent exactly what you would do in the role. That’s because project managers do so many different things! A general project management job description. Learn more in my book, Project Manager.

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Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

Managing Cost, Schedule, & Technical Performance Risk Is The Basis Of Good Project Management. Risk management is essential to the success of any significant project. These risks can be mitigated with a good risk management process.

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PMBOK® Guide Sixth Edition Knowledge Areas And Process Group

iZenBridge

Are you confused with new terms like Knowledge Areas, Process Groups, and a Process? In this article I am answering: What are the processes? What are the Process Groups for? What are the Project Management Knowledge Areas as per PMBOK® Guide Sixth Edition ?

Ace the PMP Exam [Book Review]

Girl's Guide to PM

When I first wrote Collaboration Tools for Project Managers the publishers put ‘Elizabeth Harrin, PMP’ on the cover. A Guide to the Project Management Body of Knowledge – (PMBOK Guide ®) Sixth Edition is not known for being the most riveting of reads.

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The 7 Best Blog Posts on Project Management in 2018

ProjectManager.com

Project management is thriving. We’re just happy to help people manage their projects with our project management software , blog posts and videos that offer practical solutions to things like time management, using resources more effectively and managing teams.

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Coherent Design and Development Process

Herding Cats

We're working on a white paper "Increasing the Probability of Program Success with Continuous Risk Management," for the Joint Space Cost Council, Scheduler's Forum. During our research, I found a paper "Management Disciplines: Harbingers of Successful Programs," David Acker, Defense Systems Management Review , Summer, 1979. Identifying high-risk areas and continually assessing their impact on the program. Related articles. IT Risk Management.

Risk Management: PMP Study Guide (PMBOK 6th Edition)

ExamsPM

Project Risk Management includes all the processes involved in risk identification, regulation, and mitigation on a project. The objective is to increase the likelihood of positive risks (opportunities) and decrease the likelihood of negative risks (threats).

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How to Manage Project Scope

Project Risk Coach

Let's explore how to manage project scope. Scope is Not a Mouthwash You cannot manage what you do not understand. The Project Management Body of Knowledge (PMBOK) defines scope as the sum of the products, services, or results. Read this article from Villanova University.

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10 Knowledge Areas of Project Management (PMBOK 6) With PPT & PDF

Girl's Guide to PM

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide – Sixth Edition. Basically, each Knowledge Area (which you might see abbreviated to KA) is a category of concepts and processes with a common goal.

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What Makes a Brilliant Project Leader?

Girl's Guide to PM

In doing so, I am of course taking as read that a brilliant project leader will have solid project management expertise and be able to plan and deliver their projects with confidence and assurance. How is management different from leadership? Can project managers be both?

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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. Digitalization and Collaboration.

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

Project-Management.pm

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. But don’t forget the essential factors of them all—controlling and monitoring. This part must be decided by you and your senior managers.

How To Write Clear Project Goals

Project Risk Coach

Occasionally, someone will ask me for risk management tips. Yes, g ood risk management always starts with clear goals. In today's article, I will give you a simple method to write clear goals every time. Writing goals is an iterative process.

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How to Improve Your Strategic Planning, Analysis, and Alignment

Project Risk Coach

Individuals, teams, and organizations lack the healthy habits of identifying and managing the uncertainty that surrounds their world. Today, let's look at a step-by-step process to improve your strategic planning, analysis, and alignment with a particular focus on risk management. What is Strategic Risk Management? Strategic risk management is a process for identifying, analyzing, and managing risks most critical to the achievement of your goals.

What’s difference between project management and change management?

Moira Alexander

Project management involves the use of people, processes and methodologies to plan, initiate, execute, monitor and close activities. Change management, similar to project management, involves people, processes, and tools to effectively help organizations manage all the changes that occur, whether as a result of project initiatives, or other factors that might impact the business. Characteristics of Project Management.

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Free project management certifications

Moira Alexander

Founded by Harvard University and MIT in 2012, edX is one of the biggest MOOC (Massive Open Online Courses) platforms available and offers many project management (PM) courses. Introductory project management courses. Introduction to Project Management - a self-paced course that teaches practical ways to use project management skills, whether your project is large or small. Intermediate project management courses.

The risky side of project management

Moira Alexander

Risks are dependant on a multitude of things and serve as triggers. These dependencies help to identify and measure the impact of the risks; here are just a few of these dependencies. Should all risks be avoided? Not all risks can or should be completely avoided.

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How to Make Cyber Risk Management an Integral Part of Your Corporate Narrative

Runrun.it

Check it out what you will find on this article about cyber risk management : Most Boards Still Struggle with Understanding Cyber Risk Management What Boards and IT Teams Can Do to Improve Cyber Risk Management Cyber Risk Management is a Perpetual Beta.

Split It Out (Part 2)

MPUG

More Ways to Separate your Project into Manageable Chunks. In Part 1 of my article “Split It Out,” we looked at ways to separate projects task into smaller parts or pieces that are more controllable. Risking it out. The best PMs know and practice these important processes!

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Managing Project Christmas

Arras People

Here’s SPOCE with the PRINCE2 approach to managing the project that is Christmas. Fantastic article if you’re also fairly new to project management too to understand the concepts and approaches. The remaining project management team is also appointed.

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The 20-Percent Startup Solution

MPUG

It’s likely that management would never buy into four day work weeks, so you have to stick with the standard five days, but you should set the maximum units of availability for each resource at 80%. Managing Risks Wisely. Articles project schedule startup solution

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Artificial Intelligence In Project Management: Pros & Cons

ProProfs Project Management

When we talk specifically about IT project management, app development companies or DevOps teams are responsible for managing various software development projects. In this article, we specifically talk about the impact of AI in project management and its various pros and cons.

Webinar Recap: PMI PMBOK Guide 7th Edition Standard – What’s New?

MPUG

Satya is a management professional, speaker, coach, and author of six books, including, I Want To Be a PMP. So for the first time the PMBOK guide is shifting from a process based standard to a principle based standard. Processes can change but principles do not change.

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