The IIL Blog

FEBRUARY 28, 2024

By Jorgelina Bross-Puglisi February 28, 2024 Project Managers Have One Key Goal: Project Success By integrating risk management into project management processes, project managers can anticipate and respond to potential challenges, increasing the likelihood of project success. So why not ask AI to give us a hand?

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Risk Management Risk Controlling 2024 162

Productivity Land

JULY 17, 2023

However, navigating uncertainties requires effective risk management. In this article, we will delve into the world of agile risk management, exploring strategies to identify, assess, and mitigate risks in projects. Here are the key types of risks commonly encountered in agile projects: 1.

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Risk Management Risk Technical Review Agile 78

Rebel’s Guide to PM

APRIL 11, 2022

Have you been asked to pull together a strategy planning meeting agenda? In this article, I’ll explain what a strategic planning meeting can cover and share a sample agenda you can customize for your strategy sessions. Strategy planning doesn’t just happen. There’s no fixed cadence for strategy conversations.

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PM Times

NOVEMBER 8, 2022

Published on September 24, 2019 Every project is attached with a risk of failure. A risk can be a threat with a negative impact on the project principles or it can either be an […]. Hence, it should be your top responsibility to identify and plan ahead in order to avoid these points of failure.

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Risk Management Risk 2019 Planning 89

The IIL Blog

SEPTEMBER 13, 2023

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Our risks were identified, but a response strategy was never created.

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Risk Management Risk Cadence 2016 88

Online PM Courses

JUNE 18, 2023

Risk response strategies are the basic ways to handle project risks. This article examines all the risk strategies, what they mean, and when to use them. The post Every Project Management Risk Response Strategy: Are there 6, 7 or more? appeared first on OnlinePMCourses.

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Risk Management Risk PMI 86

Velociteach

SEPTEMBER 11, 2023

We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Thoughtlessly making assumptions or ignoring risks can lead to critical problems.

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Risk Management Risk Cadence 2023 79

The IIL Blog

NOVEMBER 8, 2023

By Dr. Elissa Farrow November 8, 2023 In the ever-evolving landscape of portfolio management, organisations can now leverage advanced technologies to not only improve traditional practices but to also unlock new dimensions of efficiency and effectiveness. The source of data and the original configuration is critical.

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Artificial Inteligence Underperforming Technical Team 2023 Innovation 164

Rebel’s Guide to PM

OCTOBER 14, 2019

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. Identify project risks.

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Risk Management Risk Technical Review 2015 247

PM Times

NOVEMBER 15, 2023

If your answer is “yes” to the above questions, it’s high time to develop strategies to mitigate these resource-related risks. If not managed […] The post 6 Effective Ways to Mitigate Resource Risks in Project Management appeared first on Project Management Articles, Webinars, Templates and Jobs.

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Risk Management Risk Change Management 95

Proofhub

JUNE 20, 2023

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. Internal risk factors are those that are under a company’s control, while external risk variables are those that are beyond its control.

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Risk Management Risk Software Review Governance 78

Rebel’s Guide to PM

NOVEMBER 16, 2023

In our annual global survey , one in five (21 percent) respondents say they are using AI always or often in project management. In this article, we will cover strategies to usher in this adoption and certain tasks that can be augmented with AI. Specifically focused on generative AI applications in projects, mainly ChatGPT.

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ChatGPT Generative AI Artificial Inteligence PMI 471

Wrike

SEPTEMBER 30, 2023

Effective risk management is crucial for the success and sustainability of any business. By identifying and addressing potential risks, organizations can minimize their impact and ensure continuity of operations. These risks can arise from various sources, such as financial, operational, legal, or technological factors.

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Risk Management Risk Technical Review Monitoring 36

Project Risk Coach

SEPTEMBER 25, 2017

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? Why is ERM important?

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Risk Management Risk PMI Technical Review 268

The IIL Blog

MARCH 26, 2024

By Ruchi Gupta, PMP ® , PgMP ® , PMI-ACP ® , PMI-RMP ® , SAFe, DASSM, SIP, Jira CBAP ® The accelerating rise of Generative AI tools like ChatGPT, Gemini, Copilot, and others is rapidly reshaping the way project management operates. The Project Management Office (PMO) is no exception.

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PMO Generative AI Technical Review Software Review 88

The IIL Blog

JANUARY 17, 2024

Frohnhoefer In the ever-evolving landscape of project management, staying ahead of the curve is not just beneficial—it’s imperative. As we step into 2024, the dynamics of project management continue to shift, demanding professionals to be agile, skilled, and strategically focused. Not sure where to begin?

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2024 Certification Leadership Innovation 167

Project Risk Coach

FEBRUARY 20, 2023

It's a simple question, "Who owns the risks in agile projects?" In this article, let's uncover the role of risk owners and how to perform risk management in agile projects. What is a Risk Owner? When it comes to taking ownership of risks, it allows team members to have greater control over their work.

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Risk Agile Risk Management SCRUM 418

MPUG

APRIL 26, 2021

Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. Some were taken, but most ignored or overlooked because of other projects and lack of understanding of risk management at an organizational level.

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Governance Government Risk Management Risk 122

Project Risk Coach

SEPTEMBER 25, 2017

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? Why is ERM important?

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Risk Management Risk PMI Technical Review 240

Scrum.org

MAY 4, 2023

This article is part 3 of the Effective Stakeholder Engagement series. This time we will discuss how to build an effective stakeholder communication strategy. As not all stakeholders are the same, the product owner or manager needs to communicate with them differently as well. What information do we need from them?

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Influencer Software Review Cadence SCRUM 186

Rebel’s Guide to PM

MAY 25, 2019

And project managers contribute hugely to that because we go out and look for it. We challenge leaders, we talk about risk and what might go wrong and we call people out on poor performance through project monitoring and control. Project Management Conflict Examples in the Concept Phase. The sponsor and the project manager.

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Underperforming Technical Team Software Review Risk Management 2012 288

NimbleWork

APRIL 15, 2024

Project management is a critical discipline that ensures projects are completed efficiently, within budget, and to the satisfaction of stakeholders. At the heart of successful project management is the project manager, who must possess a unique blend of leadership, communication, and organizational skills.

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2027 Risk Management PMI Budget 52

Rebel’s Guide to PM

MARCH 31, 2024

The most commonly used planning constraint method in project management was historically the “triple constraint” – time, cost and scope – sometimes known as the project management triangle or the “iron triangle” because it’s often shown as a triangle with the constraints at each vertex. What is the Triple Constraint?

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Risk Management Budget Risk Sustainability 359

Project Risk Coach

DECEMBER 4, 2022

Risk identification is an integral part of project risk management. It is essential for any project manager to know what risks might affect a project and navigate them. This article will examine the five techniques for risk identification. Techniques for Risk Identification 1.

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Risk Risk Management Budget Engineering 395

PM Basics

SEPTEMBER 8, 2022

I’ve been managing software development projects for more than 11 years. 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. You’ll get the whole risk management process below.

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Risk Management Risk Process Underperforming Technical Team 104

Scrum.org

APRIL 30, 2021

Refinement is simply the ongoing activity of having these conversations and thus an essential product management activity. This gives the Product Backlog a level of transparency that reduces the risk. That is why refinement is an essential Product Management activity that successful Scrum Teams need to master. .

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Technical Review Estimate SCRUM Risk Management 218

Epicflow Blog

JUNE 10, 2022

Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?

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Aerospace Risk Management Engineering Risk 98

Rebel’s Guide to PM

FEBRUARY 13, 2023

Table of Contents Why is stakeholder management important to project success? What is stakeholder management? Reduce and Uncover Risk 3. Easier Project Closure Why is stakeholder management important to project success? What is stakeholder management? Your stakeholders can also help you identify new risks.

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Risk Management Finance Software Review Risk 438

Rebel’s Guide to PM

SEPTEMBER 26, 2023

You can earn PDUs (professional development units) for ongoing certification renewal, such as for the Project Management Professional (PMP)®, from reading. I’ve read, I’m guessing, over 150 management books in my career, and you can read my book reviews if you want to trawl through the archives. What books qualify for PDUs?

PMI 348

PMI Certification Sustainability Technical Review 348

Moira Alexander

MAY 2, 2017

To align business goals with project management (PM), leaders from the enterprise project management office (EMPO) or project management office (PMO) need to be involved in strategic planning sessions alongside senior-level management. The first component is building the institutional IT strategy.

Technical Review 249

Technical Review PMO Sustainability Risk Management 249

Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. For example: a project management artifact is the project closure document.

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Logistics Artificial Inteligence PMI Performance Measurement 509

Project Risk Coach

FEBRUARY 7, 2022

Unfortunately, many Project Management Offices (PMOs) become nothing more than a watchdog, one that ensures compliance to a strict set of rules. In this article, we will explore why this happens and what it takes for PMOs to become strategic enablers. Management sees it as a way to give oversight to all the programs and projects.

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PMO Underperforming Technical Team Risk Management Energy 457

Rebel’s Guide to PM

MAY 2, 2022

The mission of a project portfolio manager is clear enough: maximize the business benefits of projects. In this article, you’ll learn the top 5 key considerations and knowledge areas under which the main criteria for managing a project portfolio can be grouped. Strategies and tactics. Goals and objectives.

Technical Review 355

Technical Review Risk Management Governance Government 355

Project Pulse Journal

MARCH 13, 2024

By: Hajime Estanislao, PMP, CSM Are you a project manager grappling with the complexities of managing virtual teams in today's interconnected world? As remote work becomes increasingly prevalent, project managers like you face the challenge of overseeing teams across different locations, working hours, and continents.

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PMO Technical Review Governance Government 52

Rebel’s Guide to PM

MAY 22, 2022

Below you’ll find 10 tips for being a good sponsor, drawn from Strategies for Project Sponsorship by James, Taylor and Rosenhead. Understand project management techniques. Yes, this is the job of the project manager, but you don’t want them to be able to bamboozle you with jargon. Those are the headlines.

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2012 2013 Risk Management PMI 376

MPUG

APRIL 9, 2022

It’s easier to ignore the possibility of risks when the business is doing well — but not having a plan for potential unforeseen threats could be the most significant risk of all. The risk management process involves identifying, assessing, and controlling risk factors that threaten an organization’s earnings and assets.

Risk Management 69

Risk Management Risk Sustainability Monitoring 69

Project Risk Coach

SEPTEMBER 12, 2022

On April 1, 2022, the Project Management Institute (PMI®) rolled out the new PMI-RMP® exam. In this article, let's examine why the new PMI® Standards matter and what to look for in your PMI-RMP® training. Why Take the Risk? I share articles, videos, and a short exam in this FREE course to jumpstart your preparation.

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