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. Risk: Determine what risks are likely, how they’ll impact the project and then plan how to resolve them.

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. A risk response is the way you intend to address the risk.

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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. They get the team together, identify lots of risks, and enter them into an Excel spreadsheet. When to Identify Risks.

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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. Susan, on the other hand, facilitated an early risk identification workshop.

How To Help Your Team Manage Project Risk

Girl's Guide to PM

Risk management is a great example. It’s a structured process that happens on every project and outside the project environment too, so it’s a fantastic skill to learn to boost your career and broaden your skills – whatever your job title. Identify project risks.

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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. Who Performs the Risk Audits?

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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. It needs processes.

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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 problems occur, they turn to their risk response plan.

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 What, Why, and How of Process Mapping

Project Risk Coach

Operational risks includes people risk, technology risk, external event risk, and process risk. In this article, let's talk about process risk and how to reduce these risks through process mapping.

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. What is Enterprise 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. When problems occur, they turn to their risk response plan. Remember the definition for controlling risks?

How to Right-Size Your Risk Management Plan

Project Risk Coach

While I’m a fan of planning, let’s use some common sense and right-size our risk management plans. A risk management plan for the Mercedes-Benz Stadium will be much larger than a plan for a Southern Living Idea House. Risk management plans typically include: Project risk background.

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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. In today’s article, let’s look at seven things not to do when identifying project risks.

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Risk Response Strategies: Full Roundup

Online PM Courses

Risk response strategies are the basic ways you can handle project risks. In this article we’ll examine the risk response strategies you have available to you, what they mean, and when you should use them. Introducing Project Risk Management. Remove the Risk.

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How to Right-Size Your Risk Management Plan

Project Risk Coach

While I’m a fan of planning, let’s use some common sense and right-size our risk management plans. A risk management plan for the Mercedes-Benz Stadium will be much larger than a plan for a Southern Living Idea House. Risk management plans typically include: Project risk background.

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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. What is Enterprise Risk Management?

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5 Tips for Better Decision Making (With Process)

Girl's Guide to PM

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. The decision making process is the main tool for making decisions. So you decide to recommend a risk mitigation strategy? We make hundreds of decisions on projects.

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. Processes.

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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. What is Proactive Project Risk Management? Articles

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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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.

Strategic Risk Management and Projects

Strategy Execution | PMO Perspectives

Strategic Risk Management. This may surprise some project managers who may not see much evidence of strategic risk management percolating down to project level, other than perhaps a (not always enforced) requirement to produce a risk register for their project.

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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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4 Signs Your Project Intake Process Is Outdated

Wrike

Does this sound like your current work project intake process? 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.

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.

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. In essence, farmers save time and money by evaluating risks.

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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. Risk Management Papers. “A

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Things You Need To Know About Business Process Management

Project-Management.pm

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. The new emergence of business techniques call for merging the two together: gone are the days where project management was an independent branch of the business organization—for the success of the project, it has to be dependent on business process management. Business Process Management: What You Need to Know.

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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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. In a Stage Gate process, you break your project into stages, or phases. In this article, we look at why a stage gate process will enhance your project management, and how to make it work.

12 Wonderful Ways To Improve Your Risk Management

Project Risk Coach

How well did John use risk management to accomplish his goal? He and his team completed a project plan and identified project risks. He captured the risks in his risk register and periodically conducted risk reviews. Improving Risk Management.

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

PM Basics

Nevertheless, project planning is a structured and logical process. In this article, I’ll show you a proven workflow. At each moment of the process, you’re in need of information that you don’t have yet. You need to evaluate each process. Perform risk management.

The 30 Most Popular Project Management Articles from 2017

MavenLink

We scoured the top online publications to find the 30 most widely read and shared project management articles. These three articles share some of the best practices and how-to articles to help your business reduce risks and avoid costly mistakes. Risk Management.

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How to futureproof your PPM software selection process

EasyProjects

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.

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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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.

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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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. The heart of Risk Management is making informed decisions in the presence of the uncertainties that create risk.

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