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.

How To Help Your Team Manage Project Risk

Girl's Guide to PM

A project manager’s job isn’t just about managing the work. Part of a resource management plan is to build the skills of your team. However, you should also consider how good they are at doing the work of projects – project management. Risk management is a great example.

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How to Select Your Risk Responses

Girl's Guide to PM

This is a guest article by Harry Hall from projectriskcoach.com. Risk management is one of the core knowledge areas for project managers. You’ve identified and assessed your project risks—both threats and opportunities. Risk Response Strategies for Threats.

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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.

7 Ways to Identify Risks

Project Risk Coach

Successful project managers have a common trait – they identify and manage risks. Let’s look at seven tools and techniques to identify risks. Often project managers start with a splash. However, the risks are never discussed again.

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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 Right-Size Your Risk Management Plan

Project Risk Coach

One reason a project manager may have a bad reputation is bloated project plans. While I’m a fan of planning, let’s use some common sense and right-size our risk management plans. Why is that some project managers have over or undersized risk management plans?

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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?

How to Right-Size Your Risk Management Plan

Project Risk Coach

One reason a project manager may have a bad reputation is bloated project plans. While I’m a fan of planning, let’s use some common sense and right-size our risk management plans. Why is that some project managers have over or undersized risk management plans?

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30 Quick Risk Evaluation Tips

Project Risk Coach

” In this article, I share 30 risk evaluation tips to help you tap into your genius. One of the top reasons for evaluating risks is to determine which risks are most significant. Always perform the qualitative risk assessment. time-to-impact) of your risks?

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The Battle Between Process and Progress

Girl's Guide to PM

As Project Managers, we’re all familiar with process. In fact, sometimes it can feel as if a project manager’s world is but a never-ending universe of interlocking processes and procedures. After all, project managers are not process monkeys.

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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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12 Questions for Gaining Control of Your Risks

Project Risk Coach

Are you a project manager who focuses on gaining control of your project risks? Some project managers start their projects with a strong focus on risk management. Other project managers start out strong. Remember the definition for controlling risks?

7 Things You Should Not Do When Identifying Project Risks

Project Risk Coach

Known and unknown, internal and external, upside and downside—risks are woven into the fabric of every project. Project managers can waste a lot of time due to poor risk management. Dan the project manager just kicked off a new project, adding stress to his life.

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Risk Response Strategies: Full Roundup

Online PM Courses

Risk response strategies are the basic ways you can handle project risks. They are also also one of the areas of project management practice that the PMI updated in the 6th Edition of its Project Management Body of Knowledge (PMBoK ? ). Introducing Project 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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5 Tips for Better Decision Making (With Process)

Girl's Guide to PM

Get it On the next screen you'll also have the option to subscribe to the GirlsGuideToPM.com newsletter with weekly(ish) project management tips. Something you can do to make decision making easier is to have a process for it. A process helps you step through the different options to give yourself confidence that you’ve covered all the angles and are ready to make the decision. The Decision Making Process. Project Management Skills

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’. Strategic Risk Management.

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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.

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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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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.

Why the Stage Gate Process will Make You a Better Project Manager

Online PM Courses

The Stage Gate Process gets too little love from Project Managers. Yet it has the potential to transform your project management, deliver more successful projects, and make you a better project manager. What is a Stage Gate Process? Benefits Management Plan.

12 Wonderful Ways To Improve Your Risk Management

Project Risk Coach

John Smith was hired as a new project manager at a leasing company, and he was assigned a small project with a team of six people. How well did John use risk management to accomplish his goal? He and his team completed a project plan and identified project risks.

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4 Signs Your Project Intake Process Is Outdated

Wrike

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.

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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How To Do An Effective Project Selection Process?

Project-Management.pm

A stable and sturdy project management is one of the crucial factors to make a project process work. In the corporate world, an organization needs more than just top-notch tools and up to date process to bring the project to its full potential—it also needs a strong manpower, a human resource that has a particular set of skills and capabilities that will greatly contribute the entire organization. The Need for Risk Assessment.

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 Save Time and Money By Evaluating Risks

Project Risk Coach

Evaluating risks save you time and money. Too often, project managers assign resources and spend money to manage risks that are unnecessary. I learned a lot about evaluating risks as a cotton scout in the early 80s. What Is Risk Evaluation? Evaluating Risks.

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Do You Know These 6 Practical Risk Identification Techniques?

PM Basics

How to perform risk identification ? What risk identification techniques to use? Check the topic on PMBOK® Guide: It says nothing about the practical application of risk identification processes. In this article, I’ll tell you what techniques you can use today.

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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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Risk Management is How Adults Manage Projects

Herding Cats

These uncertainties create the risk to the success of all projects. Without managing in the presence of risk, the probability of project success is significantly reduced, most likely reduced to zero. Management in the presence of risk has the following steps: [1].

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Business Analyst & Project Manager Relationship: Collaborate for Success

Girl's Guide to PM

This is a guest post by Laura Brandenburg, describing how to get the best out of the project manager and business analyst relationship. As a project manager, you work with a variety of different team members that offer up different skill sets and contribute to your project’s success.

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What is Risk Management?

Herding Cats

Risk management is about making informed decisions by consciously assessing what can go wrong, as well as the likelihood and severity of the impact when that possibility comes true. A straight forward process for Managing Risk looks like this. Related articles.

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How to futureproof your PPM software selection process

EasyProjects

Effective Change Management. When you have to upgrade your solution, When you have to slow down operations to upgrade your project management solution, it can cause some disruptions due to retraining, changes in processes, and technical adjustments. Flexible Resource Management.

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.

The Magic 7 Project Portfolio Management Process Steps

Project-Management.pm

Countless business articles have provided you viable information regarding project portfolio management , accompanied by its objective, the roles of the portfolio manager, and the benefits of the project portfolio management as a whole. But how does one exactly execute project portfolio management? Implementing project portfolio management takes more than just assessment, evaluation, and tracking. You want to know more about Project Portfolio Management

Estimating the Risk

Herding Cats

Risk is everywhere on projects. This risk comes from two types of uncertainty. Aleatory uncertainty, which is the naturally occurring yields variances in the underlying processes. Epistemic uncertainty comes from probabilistic processes that can be addressed with handling responses. The idea of risk and its management and handling is a critical success factor for all software development. Without these estimates, there is no risk management.