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Risk Management Process Explained (+resources, templates)

PM Basics

Risk management is arguably the most crucial piece in my project management approach. Therefore, I spent lots of time and effort creating a practical risk management process. Risk management process is a structured approach to identifying, assessing, addressing, and controlling risks. So, let’s dive in!

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Focusing on the Right Risk – Risk Magic

The IIL Blog

Time and time again, I see organizations are not dealing with risk appropriately. Sure, they have a list of five to ten risks on their projects, but they are not managing their risk and are falling into risk management pitfalls. Some people would call this risk magic. PMBOK 5 th Edition, PMI. Well wait a minute.

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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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7 Productivity Tools for Teams That You’ve Never Heard Of

Rebel’s Guide to PM

Today I present to you 7 productivity tools for teams that you’ve never heard of (maybe – there are some on the list that you might have come across, but I couldn’t leave them out). It’s great for onboarding checklists, project management checklists, standard operating procedures and anything that is process-led and repeatable.

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How To Close A Project In PRINCE2

Rebel’s Guide to PM

This article has been updated to be fully aligned to PRINCE2 7 (2023 edition). Closing a project in PRINCE2® uses a variant of the Managing a Stage Boundary process, as this closure activity happens at the end of the last stage. You also use this process if the project closes prematurely.

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4 Unusual Reasons Why Stakeholder Management Is Important

Rebel’s Guide to PM

Reduce and Uncover Risk 3. Want to do a presentation to Marketing but don’t have the time? Reduce and Uncover Risk “Good stakeholder management reduces some risks and makes other risks, which may otherwise by unnoticed, transparent,” Newton says. Your stakeholders can also help you identify new risks.

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Navigating External Factors in Small Business Risk Management

Proofhub

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. You can perfect your business plan and have an up-to-date marketing strategy, yet there could be an event or situation that may loom on your business as an uncalled risk.