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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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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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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ProjectManager.com

SEPTEMBER 16, 2021

All projects have risks, but not all risks are the same. There are many potential risks that can affect a project and you need to have a risk management process in place to manage them. This risk management process consists of risk identification, assessment, mitigation and monitoring.

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ProjectManager.com

FEBRUARY 3, 2022

Risks will arise and threaten the successful delivery of your project. Using a risk breakdown structure (RBS) is how you prepare for the unexpected. A risk breakdown structure is great for identifying and prioritizing risks so you know which will be more or less impactful. The Four Categories of Risk in a Project.

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Risk Underperforming Technical Team Risk Management Technical Review 369

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.

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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.

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ProjectManager.com

SEPTEMBER 14, 2021

What is a Risk Register? A risk register is a tool in risk management and project management. It is used to identify potential risks in a project or an organization, sometimes to fulfill regulatory compliance but mostly to stay on top of potential issues that can derail intended outcomes.

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Risk Software Review Technical Review Risk Management 390

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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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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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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Epicflow Blog

JUNE 24, 2021

Risk is often perceived as a potential hazard or something that should be better avoided. However, we all know that the road to success is fraught with risk, as it’s often associated with new opportunities that lead to better results. The process of managing projects is always accompanied by a certain degree of uncertainty and risk.

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Risk Management Risk Underperforming Technical Team Technical Review 97

Epicflow Blog

MARCH 22, 2024

This article is inspired by the webinar featuring Epicflow co-founder Jan Willem Tromp and professor Mario Vanhoucke based on his latest book “The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control”. So, what do you need for an efficient risk analysis?

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The IIL Blog

JANUARY 24, 2024

Nielsen, PMP, PgMP, PMI-ACP, CSM I have visited many companies over my 20 plus years of project and program management training and consulting. Time and time again, I see organizations are not dealing with risk appropriately. In this article, let’s look at a few ways we can change from risk managing us to us managing the risk.

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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.

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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?

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Wrike

JULY 28, 2023

Risk management is an essential process for businesses to identify and mitigate potential risks that could impact their operations. Fortunately, there is a valuable tool that can greatly aid in this process – the risk assessment template.

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nTask

NOVEMBER 12, 2018

Gary David Cohn once said, “If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business.”. Project manager or not – professionals on all levels have to interact with researching, identifying, and resolving risks. Risk Identification Techniques.

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ProjectManager.com

OCTOBER 20, 2023

The construction phase plan is a critical construction project management document that helps to ensure a safe project. At the end of the blog, we’ll provide links to some related construction project management templates that can help you with your construction phase plan. Get started with ProjectManager today for free.

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ProjectManager.com

AUGUST 22, 2019

Create a risk assessment document in order to prepare for the inevitable. An IT risk assessment template gives you the tools to see what might be waiting around the corner. Why You Need an IT Risk Assessment Template. The list of risks to an IT environment are long. Every project is inherently risky. Download Now.

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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.

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Planning Software Review Risk Management Budget 364

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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Wrike

JUNE 11, 2023

Businesses of all sizes and industries are constantly exposed to various risks that can negatively impact their operations, reputation, and overall success, and the importance of risk management cannot be overstated.

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Risk Management Risk Healthcare Governance 36

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. I’ll confess: when I started out as a project manager, this was a piece of jargon that honestly didn’t mean much at all? But what is an organizational process asset (OPA)? What is not an OPA?

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ProjectManager.com

OCTOBER 18, 2023

Keeping tabs on the performance of your project is an essential part of project management. Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver the project on time and within its budget. Project management software can help.

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Leading Answers

JANUARY 16, 2021

This article explains what a risk-adjusted backlog is, why they are useful, how to create one and how teams work with them. What is a Risk-Adjusted Backlog? A risk-adjusted backlog is a backlog that contains activities relating to managing risk in addition to the usual features associated with delivering value.

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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?

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Planning Software Review Underperforming Technical Team Risk Management 343

Wrike

OCTOBER 5, 2023

While these partnerships can bring numerous benefits, they also introduce a level of risk that must be effectively managed. Vendor risk management is a critical discipline that ensures businesses can safely engage with external partners while safeguarding their own interests.

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Risk Management Risk Underperforming Technical Team Monitoring 36

ProjectManager.com

JANUARY 10, 2023

If you’re not working from an agenda or you don’t manage those meetings, that can be true. Let’s take a look at 10 different types of project management meetings and define them, and we’ll start with the definition of what a project meeting is. But meetings are critical for project planning and team collaboration.

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Software Review Technical Review SCRUM Risk Management 480

Wrike

JUNE 11, 2023

Risk management has become an integral part of organizational success. Effective risk management allows businesses to identify potential threats, assess their impact, and implement strategies to mitigate or avoid them altogether. By doing so, companies can safeguard their assets, reputation, and long-term viability.

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Wrike

JUNE 11, 2023

Organizations face a wide range of risks that can impact their operations, reputation, and financial stability, such as economic uncertainties, regulatory changes, natural disasters, cyber threats, and even human errors. To navigate through these potential risks successfully, companies need robust risk management systems in place.

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Technical Review Risk Management Artificial Inteligence Risk 36

Wrike

JUNE 18, 2023

The importance of risk management cannot be overstated. With increasing reliance on technology and the ever-growing threats of data breaches, cyber attacks, and system failures, organizations must be proactive in identifying, assessing, and mitigating risks. This is where risk management software comes into play.

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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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Project Risk Coach

AUGUST 28, 2017

Project Stakeholder Management There are many ways to engage stakeholders. Let’s look at a different form of engagement–the use of an internal blog. Blogs are a form of pull communication used for large volumes of information or for large audiences such as an organization. What’s An Internal Blog?

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Planio

APRIL 3, 2020

As a project manager, you of all people know the truth of this old adage. Get your free template and create your own risk management plan. We have designed an easy to use Risk Management Template for you to use for free. We have designed an easy to use Risk Management Template for you to use for free.

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Risk Management Risk Planning Technical Review 120

Wrike

JUNE 11, 2023

The importance of risk management in IT cannot be overstated. However, with this reliance comes the inherent risks of cyber threats, data breaches, and operational disruptions. Once the risks have been identified and assessed, organizations must develop and implement strategies to manage and mitigate them.

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ProjectManager.com

AUGUST 23, 2023

When managing a project, there will inevitably be changes or other issues that impact the project. To prevent going off schedule or overspending, project managers are always balancing the project management triangle, which is made up of the three main project constraints. What Is the Project Management Triangle?

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