Blog, Information, Process and Risk Management

The Risk Management Process in Project Management

ProjectManager.com

FEBRUARY 26, 2021

When you start the planning process for a project, one of the first things you need to think about is: what can go wrong? It sounds negative, but pragmatic project managers know this type of thinking is preventative. Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project.

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Risk Mitigation in Project Management

ProjectManager.com

SEPTEMBER 6, 2023

Risk is something every leader knows well. We all need to become comfortable with some risks. We are never going to eliminate all risks. What Is Risk Mitigation? It involves a process that we’ll explore in a moment but basically addresses the top risks in order to fully protect the project. Learn more.

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Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

MAY 7, 2023

Project managers are often faced with the challenge of managing complex projects and ensuring that they stay on track. One key tool to success is understanding how to use organizational process assets effectively. But what is an organizational process asset (OPA)? What are Organizational Process Assets?

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The Project Clinic: Assessing Project Health, Planning, and Execution

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8 Free Risk Management Templates for Excel

ProjectManager.com

JANUARY 24, 2023

If there’s one thing you can be certain of when managing a project, it’s change. Although it’s impossible to predict the future, with these free risk management templates, you can better prepare for the unexpected and be more apt to keep your project on track. However, templates can only do so much.

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IT Service Management (ITSM): Frameworks, Processes & Phases

ProjectManager.com

OCTOBER 24, 2023

Information technology (IT) involves the use of computers, digital storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange electronic data. IT service management (ITSM) is the process of how those services meet the needs of the end users who employ them.

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Project Intake Process: Prioritizing Project Requests & Proposals

ProjectManager.com

JANUARY 10, 2024

Project managers are constantly making requests to the project management office (PMO). However, problems occur when requests are submitted without a standardized process. To avoid that, you need an intake process. A project intake process is beneficial for an organization. What Is the Project Intake Process?

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

NOVEMBER 28, 2023

There are many things that are needed when managing a project. Some of these are called organizational process assets. These organizational process assets are critical to a project’s success and its operations. What Is an Organizational Process Asset? But there are also tangible items that are just as important.

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5 Simple Reasons Why Processes Don’t Work

Rebel’s Guide to PM

SEPTEMBER 29, 2022

I bet you have plenty of project management processes, don’t you? One for risk, one for escalations, one for changes, issues, new project kick-off, closure, logging dependencies… the list goes on and on. The bottom line is this: having processes doesn’t guarantee that your project will be any better than if you didn’t have them.

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Service Request Management in IT: Process & Best Practices

ProjectManager.com

NOVEMBER 14, 2023

When someone makes a request in the information technology (IT) world, whatever that might be, there’s a process involved to fulfill that request. This is called a service request and controlling that process is called service request management. What Is Service Request Management?

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A Quick Guide to Contractor Risk & Contractor Risk Management

ProjectManager.com

OCTOBER 7, 2021

Risk is always present in construction projects. By definition, construction risk feels unpredictable and damaging, but you can identify and manage them. You may feel you can control risk in your organization and construction management team—but what happens when you’re working with independent contractors?

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Mastering PMI-RMP Domains, Tasks, and Enablers for Effective Risk Management

Project Risk Coach

MARCH 28, 2023

As the project management landscape becomes increasingly complex, effectively identifying, assessing, and managing risks has become critical for project managers. The PMI-RMP certification covers various domains, each with its set of tasks and enablers that project managers can leverage to manage risks effectively.

PMI

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What Is Change Management? Process & Models Explained

ProjectManager.com

FEBRUARY 2, 2023

To best plan and respond to change, first, a clear definition of change management must be understood. What Is Change Management? The term change management refers to the actions, tools and models implemented to manage different types of change either at the project or organizational level.

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The Production Process: Steps & Types

ProjectManager.com

AUGUST 22, 2023

Getting a product from an idea to the marketplace is a long journey that’s mapped in the production process. Another way to look at the production process is as a series of detailed steps that take you from one point to the next until you’ve completed the process. What Is a Production Process?

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Risk Response Plan in Project Management: Key Strategies & Tips

ProjectManager.com

OCTOBER 20, 2021

There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. It’s no wonder so much of project management is focused on risk! What is a Project Risk? Negative risk?

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Resource Management: Process, Tools & Techniques

ProjectManager.com

MARCH 8, 2022

Resource management is one of the most important aspects of project management. That’s because projects need resources and those resources must be managed. What Is Resource Management? Resource management is the process of planning, scheduling and allocating resources to complete a project.

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Process Implementation: A Quick Guide

ProjectManager.com

FEBRUARY 15, 2023

As a business grows, it needs to look at new processes or ways to improve the processes it has in place. Whatever the objectives, process implementation is how they achieve these goals. If you’re looking to improve your business processes , you need to know what process implementation is and why it’s so important.

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Emerging Trends & Challenges in Information Technology

ProjectManager.com

FEBRUARY 10, 2022

Information technology (IT) is the backbone of the modern enterprise. Let’s examine the emerging information technology trends and challenges as well as the modern IT project management solutions designed to overcome them. What Is the Role of Information Technology? trillion in 2022.

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Project Evaluation Process: Definition, Methods & Steps

ProjectManager.com

MAY 9, 2022

Managing a project is a very challenging, but project evaluation makes it easier. But it’s not as simple as it sounds, project managers need to keep track of costs, tasks and time during the whole project life cycle to make sure everything goes as planned. What Is Project Evaluation? Get started for free. Project Evaluation Methods.

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Project Risk Management: Strategies for Identifying, Assessing, and Managing Risks

LiquidPlanner

MAY 24, 2023

That’s why effective project management should go beyond theory, and expand to include risk factors – both internal and external. A practical project risk management strategy accounts for team member miscommunications and mistakes, scope creep and shifting client expectations, and any technical difficulties along the way.

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Risk Management and AI Algorithms: Be in Control of Your Projects

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.

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Architectural Design Process: A Quick Guide

ProjectManager.com

JULY 20, 2022

Just as we only look at the building and often neglect the foundation that supports it, the architectural design process is the bedrock of construction project management. It’s a lengthy process that follows the construction project from inception to completion. What Is the Architectural Design Process? Learn more.

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Manufacturing Process Planning: Steps, Types & Benefits

ProjectManager.com

MARCH 28, 2023

Manufacturers need to have a process by which to make or assemble their products. Before they go into production, therefore, they must engage in what’s called process planning. Learn what process planning is, including why it’s so important and the different types there are. What Is Process Planning?

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The Budgeting Process in Business & Project Management

ProjectManager.com

JUNE 6, 2023

There’s one thing that all businesses have in common with project management: money. Without funding and the proper budgeting process, projects in any industry grind to a halt. By understanding the budgeting process for business and project management , it’s easier to understand how to make a budget for your company or project.

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Change Control Board: Roles, Responsibilities & Processes

ProjectManager.com

JUNE 1, 2022

Project management is methodical, but change is not. If changes are requested, the change control board shows how those changes are managed with the least amount of disruption to the project’s plan. A change control board includes representatives of the relevant functional areas of the project in addition to the project manager.

Controlling

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Production Control: Process, Types and Best Practices

ProjectManager.com

APRIL 11, 2023

Once the production line is in action, managers need to keep a close eye on what’s happening to ensure they’re meeting the production schedule and delivering goods on time to retailers. Production control is the way that managers keep track of the work being done in the manufacturing facility. What Is Production Control?

Controlling

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What Is Contract Administration? Key Practices and Processes

ProjectManager.com

MAY 21, 2021

Contract administration is the process of creating a contract between employer and contractor. The process ends when the contract is agreed upon and everyone has signed the dotted line. Execute your construction contracts flawlessly with project management software. Analyzing risks. What is Contract Administration?

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Project Management Process Groups: A Quick Guide

ProjectManager.com

NOVEMBER 19, 2021

To keep to your schedule and manage costs, you need to gather and process project data throughout the five PMBOK project management groups. What Are the 5 PMBOK Project Management Process Groups? Project managers use the five project management phases to structure projects and lead them from beginning to end.

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Project Management Processes & Phases

ProjectManager.com

MARCH 14, 2018

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. In project management there are five phases: initiating, planning, executing, controlling and closing.

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How to Make a Risk Management Plan

ProjectManager.com

DECEMBER 3, 2019

You identify them, record them, monitor them and plan for them: risks are an inherent part of every project. Some risks are bound to become problem areas—like executing a project over the holidays and having to plan the project timeline around them. But first, what is risk management? What is Risk Management?

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Process Optimization: Get More From Your Processes

ProjectManager.com

DECEMBER 10, 2019

No process is perfect immediately. Process optimization methods can help guide those tweaks and improvements. But if these workers have some glaring inefficiencies in their process, then the rest of your facility can be entirely thrown off course. What is a Process Optimization? Process Optimization Methods.

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Managing Project Assumptions and Risks

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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Product Development with the Stage-Gate® Process (Part 2): Strengths, Weaknesses, Pitfalls

Inloox

FEBRUARY 16, 2022

The Stage-Gate® process is a process model for the targeted development of innovations - for example, in the form of products and services. In the first part of this blog series, we looked at the definition and basic principles of the method according to Robert G. Strengths and weaknesses of the Stage-Gate® process.

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How to Make a Process Improvement Plan

ProjectManager.com

APRIL 28, 2020

Project management is made up of processes. Project managers and their teams depend on those processes to ensure that a project runs smoothly. But what about those processes? Too often processes are relied on as if they were somehow perfect and cannot be touched. What Is a Process Improvement Plan?

Process

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Why and How You Should be Creating Your Project’s Risk Management Plan?

nTask

OCTOBER 7, 2021

Project management is no different. A risk management plan is how you can get your team on the same page. Here is everything you need to know about why you should create a risk management plan and how to do so. What are Project Risks? Difference Between a Project Issue and a Project Risk.

Risk Management

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9 Steps to Managing Risk for Your Projects

LiquidPlanner

FEBRUARY 14, 2022

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations.

Risk Management

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Project Management Blog Roundup: The Best of 2021

Ganttic

JANUARY 6, 2021

Tuck into some of the best project management blogs of 2021. Adding to the content that we at Ganttic enjoy reading, we’ve put together a roundup of the 15 best PM blogs for the new year. Dive in and discover what might be your next favorite blog! Are you working as a project manager and looking to hone up on your skills?

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What Is Program Governance? Importance & Benefits

ProjectManager.com

DECEMBER 26, 2023

Program governance is a critical component to successfully managing a program of projects. Program governance is a practical way for an organization’s program to deliver success by guiding it and providing good management. Program management software is essential to proper program governance. What Is Program Governance?

Governance

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Navigating External Factors in Small Business Risk Management

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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How to Create a Timeline in Excel (Free Templates Included)

ProjectManager.com

APRIL 16, 2024

In this blog, we’ll go through each step needed to create a timeline in Excel and explain the advantages and disadvantages of doing so. Get your free Timeline Template Use this free Timeline Template for Excel to manage your projects better. Repeat this process to add all the projects or tasks to the timeline.

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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

AUGUST 29, 2023

Everything you need to know about project management terms is here in one list! Check back often, as this list of project management terminology is ever-evolving, just like project management itself! Check back often, as this list of project management terminology is ever-evolving, just like project management itself!

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Maintenance Planning in Manufacturing & Other Industries

ProjectManager.com

MARCH 21, 2024

Manufacturing is an ongoing process. Maintenance planning is a process to determine which assets or facilities need to be kept up, where this needs to happen and with what frequency. Maintenance planning is a proactive step towards anticipating risk and keeping everything working at its best. What Is Maintenance Planning?

Manufacturing

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Importance of Scenario Planning and Analysis in Business

ProjectManager.com

MAY 16, 2024

Then we’ll explore scenario planning in business and project management before explaining the steps that must be taken to use this process. By using regular and consistent scenario planning, organizations can better allocate resources successfully, mitigate risk and decrease production costs. What Is Scenario Planning?

Planning

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12 Free Project Planning Templates for Excel and Word

ProjectManager.com

FEBRUARY 27, 2024

Project planning is one of the first and most important aspects of project management. Project management software does more than a static Excel or Word template, but using these free 12 project planning templates for Excel and Word is a decent substitute. Project planning templates are part of project management.

Planning

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Unraveling the Causes of Troubled Projects: A Closer Look

Project Risk Coach

JUNE 4, 2023

In the world of project management, troubled projects can be a source of frustration, stress, and disappointment for both teams and stakeholders. In this blog post, we will explore some of the key factors that can lead to project trouble and discuss strategies to mitigate their impact.

Risk Management

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The Risk Management Process in Project Management

Risk Mitigation in Project Management

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Organizational Process Assets: What does that even mean?

Webinars

8 Free Risk Management Templates for Excel

IT Service Management (ITSM): Frameworks, Processes & Phases

Project Intake Process: Prioritizing Project Requests & Proposals

Organizational Process Assets: Definitions, Examples & Templates

5 Simple Reasons Why Processes Don’t Work

Service Request Management in IT: Process & Best Practices

A Quick Guide to Contractor Risk & Contractor Risk Management

Mastering PMI-RMP Domains, Tasks, and Enablers for Effective Risk Management

What Is Change Management? Process & Models Explained

The Production Process: Steps & Types

Risk Response Plan in Project Management: Key Strategies & Tips

Resource Management: Process, Tools & Techniques

Process Implementation: A Quick Guide

Emerging Trends & Challenges in Information Technology

Project Evaluation Process: Definition, Methods & Steps

Project Risk Management: Strategies for Identifying, Assessing, and Managing Risks

Risk Management and AI Algorithms: Be in Control of Your Projects

Architectural Design Process: A Quick Guide

Manufacturing Process Planning: Steps, Types & Benefits

The Budgeting Process in Business & Project Management

Change Control Board: Roles, Responsibilities & Processes

Production Control: Process, Types and Best Practices

What Is Contract Administration? Key Practices and Processes

Project Management Process Groups: A Quick Guide

Project Management Processes & Phases

How to Make a Risk Management Plan

Process Optimization: Get More From Your Processes

Managing Project Assumptions and Risks

Product Development with the Stage-Gate® Process (Part 2): Strengths, Weaknesses, Pitfalls

How to Make a Process Improvement Plan

Why and How You Should be Creating Your Project’s Risk Management Plan?

9 Steps to Managing Risk for Your Projects

Project Management Blog Roundup: The Best of 2021

What Is Program Governance? Importance & Benefits

Navigating External Factors in Small Business Risk Management

How to Create a Timeline in Excel (Free Templates Included)

100+ Project Management Terms: PM Terminology Explained

Maintenance Planning in Manufacturing & Other Industries

Importance of Scenario Planning and Analysis in Business

12 Free Project Planning Templates for Excel and Word

Unraveling the Causes of Troubled Projects: A Closer Look

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