Remove Budget Remove PMI Remove Risk Remove Risk Management
article thumbnail

What are the Risk Management Roles in Projects and Programs?

Project Risk Coach

As a project manager, you constantly juggle a million tasks at once. This article will provide clear guidance on how to define and assign risk management roles and responsibilities for projects and programs. Ensuring that all of the risks are addressed can be a daunting task, particularly for larger, complex projects.

article thumbnail

How Poor Risk Management Is Hurting Your Program

Project Risk Coach

Poor risk management is costly. Program managers are caught off guard by emerging risks. And these risks may turn into issues costing more time and money. We can identify risks early. We can assess and prioritize our risks, allowing us to make better use of our limited time. Program Management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PMBOK® Seventh Edition Principles and Risk Management

Project Risk Coach

The Project Management Institute (PMI) released the PMBOK® Guide, Seventh Edition in July 2021. In this article, let's look at each principle and why each one matters with respect to managing risks. Optimize Risk Responses 11. For example, one of the PMBOK® principles is to optimize risk responses.

article thumbnail

Wicked Problem Solving Course Review (PMI)

Rebel’s Guide to PM

Welcome to my PMI Wicked Problem Solving review! Project management has so many challenges to solve every day, so having a toolbox of techniques (and the right attitude) will help you deliver projects successfully. The WPS course is a self-paced video training class is a partnership between PMI and Tom Wujeck.

PMI 432
article thumbnail

Project Risk Audits: What you need to know

Rebel’s Guide to PM

Are you looking for a way to better manage the risks associated with your projects? Risk audits are an effective tool that can help project managers and program managers identify potential issues before they become problems. What is a risk audit in project management? Who carries out the risk audit?

Risk 397
article thumbnail

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? Why is ERM important?

article thumbnail

Managing Project Assumptions and Risks

The IIL Blog

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.