article thumbnail

Managing Project Assumptions and Risks

The IIL Blog

Context and environmental factors should govern process requirements, specificity, and formality. Risks are future events with a likelihood of occurrence and potential impact. For example, “assume that X event must be completed by Y date” instead of “X needs to be completed timely.” Constraints also create risks.

article thumbnail

Managing Project Assumptions & Risks

Velociteach

Context and environmental factors should govern process requirements, specificity, and formality. Risks are future events with a likelihood of occurrence and potential impact. IF this event occurs, THEN this is the impact. The trigger may be either event- or date-driven. Constraints also create risks. Response Trigger.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Your Annual Operating Plan Is A Lie and What To Do About It

Leading Agile

Unplanned events, outages, and work eat at the money you planned to invest in a new value. At the scale of an enterprise, these same concepts become Structure, Governance, and Metrics. We define the Governance rules that control how value flows through that Structure. Everything after that is chaos. WHERE THE PLAN GOES WRONG.

Planning 125
article thumbnail

What is Lean Portfolio Management? Primary Focus | Objectives

Agilemania

Portfolio management teams apply these principles and approaches to strategy and investment funding, Agile portfolio operations, and governance. In a strategic portfolio review event, all strategies, implementations, and budgets are aligned continuously. The event aims to achieve and advance the portfolio vision.

Lean 98
article thumbnail

Use This Free Project Status Report Template for Fast and Easy Project Reporting

Project Bliss

Provides a historical record of the project in the event this information is needed. Use this project status report template if your Project Management Office or governing body doesn’t have a standard template in place. If your PMO or governing body already has requirements in place, follow those. Prevents surprises.

article thumbnail

Review People Over Process

Henny Portman

Furthermore, neither agile or scrum contemplates how the agile team should be connected to a larger organization and to external partners who will likely have differing development processes and cadences. In the third section we get an overview of some routine meetings like the daily scrum, demos, governance meetings and teleconferences.

article thumbnail

Agile Still Works

Scrum.org

And Scrum is an Agile framework that organises teams using five events, three roles and three artefacts. . How can we find the right cadence for collaboration and when should we collaborate? I was impressed to learn that this group self-isolated well prior to government-enforced lockdown. . We are Scrum practitioners.

Agile 187