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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Wrike

SEPTEMBER 3, 2023

Risk consulting has become an integral part of the modern business landscape. As companies face increasing uncertainties and complexities, the need to effectively manage risks has never been more critical.

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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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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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ProjectManager.com

FEBRUARY 27, 2024

You can even use project planning templates to help you manage your project, track progress and risks. They provide you with a consistent project documentation process, which can then be archived and retrieved to inform future planning. Included is a risk log and the process you’ll use for change management to avoid delays.

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Project Risk Coach

DECEMBER 18, 2017

Vague risk statements lead to poor risk response planning. When organizations or project teams fail to respond to significant risks (i.e., Risk management starts with identifying risks and writing clear risk statements. Why do people define risks poorly? Test Your Risk Statements.

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ProjectManager.com

OCTOBER 15, 2020

They prefer to minimize risk to the best of their ability and act only when there is more certainty than uncertainty. The answer: consult hard data collected with reporting tools , charts and spreadsheets. You can then use that data to evaluate your decisions with a process called cost benefit analysis (CBA).

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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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Wrike

SEPTEMBER 3, 2023

This is where IT consulting services come into play. By providing expert advice and guidance, IT consultants help businesses leverage technology to improve performance, drive growth, and achieve success. What are IT Consulting Services? Cloud consulting involves helping businesses migrate to and optimize cloud-based solutions.

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PM Basics

SEPTEMBER 8, 2022

Qualitative risk analysis boosts the chances for project success dramatically. I honestly believe that this risk analysis in more than enough for small and medium projects. Qualitative Risk Analysis is the process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact.

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Wrike

SEPTEMBER 3, 2023

Consulting is a dynamic industry that offers exciting opportunities for individuals looking to work with diverse clients and solve complex business problems. In this article, we will explore the crucial skills necessary for success in the consulting field. Each specialty brings its own unique set of challenges and opportunities.

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Resource Guru

SEPTEMBER 4, 2023

The problem is that when there’s no agency processes in place, and your team isn’t organized properly, the latter tends to take up a lot of time, and may make up more of your day than is spent on your client-facing projects. Enter the realm of agency processes — an essential way that you can win back your time.

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Rebel’s Guide to PM

AUGUST 7, 2023

While they may appear similar at first glance, there are key differences in how each process should be approached – understanding these differences will help you make more informed decisions! Let’s explore both processes as well as their similarities and differences. What is problem solving? That does make it sound easy.

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ProjectManager.com

DECEMBER 26, 2023

The program governance will account for both tangible and intangible assets of the organization by creating a set of processes, guidelines and tools used to manage a program. If properly designed, program governance will increase efficiency and reduce risk. ProjectManager’s roadmaps help with program governance.

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ProjectManager.com

JANUARY 16, 2024

It shows each project as it moves from one stage to the next in the project management process, from initiation to closure. Project Pipeline Management Stages To accomplish the goals of project pipeline management, the process goes through five stages. Ideation This is the brainstorming phase of the process.

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ProjectManager.com

OCTOBER 20, 2023

The construction phase plan will cover the job site rules and whatever necessary procedures are in place all of which are working towards reducing or completely eliminating risk. All projects have health and safety risks associated with them and, therefore, require the use of a construction phase plan.

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ProjectManager.com

AUGUST 23, 2023

Whatever path you choose, learning to use project management software is going to facilitate that process. They develop strategies, develop IT risk management plans and maintain schedules and budgets. They also work towards reducing risk and provide status reports to clients. Reignite your passion. Expand your network.

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Techno-PM

JUNE 5, 2023

Every business face risks, some more than others. But regardless of the size or industry of your company, risk mitigation should be a key part of your business strategy. By taking proactive measures to identify and address potential risks, you can protect your business from financial losses, legal liabilities, and reputational damage.

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Rebel’s Guide to PM

DECEMBER 21, 2022

It wasn’t until I worked in IT as a project manager that I had a lot of contact with the release management process. My software projects needed releasing, so we had to follow the formal process and engage with the release manager to make sure that the bug fixes and new features got pushed to the production environment in a controlled way.

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Rebel’s Guide to PM

MARCH 11, 2021

I caught up with Lloyd Skinner, CEO at Greyfly , a consultancy specializing in improving project outcomes through the application of AI tools and experienced professionals, to talk about how AI is changing the way we lead projects. It’s about saying there might be a risk, so let’s examine whether there is a risk.”.

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ProjectManager.com

NOVEMBER 30, 2023

But IT budgets also fund the streamlined provisioning of this process through effective planning and optimizing utilization. However, there tend to be a few professionals who are mostly involved in this process. There are also IT managers, IT directors and even the IT team who should be consulted.

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Rebel’s Guide to PM

JANUARY 31, 2024

The APM BOK defines project quality as: “The fitness for purpose of the degree of conformance of the outputs of a process, or the process itself to requirements.” Good” could be: The buttons are green The process takes less than 3 seconds Latency is 0.1 Good” then becomes your success criteria or quality measures.

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Scrum.org

JANUARY 30, 2023

Shall we outsource the effort to one of the big consultancies — McBoston? Engage key stakeholders early on in the process to gather input and buy-in. Leverage the expertise of the consulting firm but also empower employees to take ownership of the change by providing them with the necessary training and resources.

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Project Risk Coach

JANUARY 31, 2022

The Project Management Body of Knowledge (PMBOK®) describes three types of PMOs: Supportive - provide support to project managers in a consultative role. Develop a Project Selection and Alignment Process Define a process to ensure projects align with the organization's mission and objectives. Risk: How high is the risk?

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Velociteach

MARCH 6, 2024

The challenge is to create a fair, efficient, effective, and transparent process for our teams and stakeholders. Making better decisions requires understanding the organization and establishing context-sensitive processes. How do they feel about risk, empowerment, accountability, hierarchy, and control? By managers? Committees?

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ProjectManager.com

JANUARY 31, 2023

IT Risk Assessment Template IT projects are no different than any other type of project in that they’re rife with risk. IT risk carries an extra burden in that most businesses, regardless of what they do, demand that their IT systems work. This is why our free IT risk assessment template for Excel is so important.

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Technical Review Software Review Risk Management Risk 307

The IIL Blog

MARCH 26, 2024

AI-Driven Transformation of the PMO Generative AI offers a multitude of ways to transform the traditional functions of a PMO: Proactive Risk Management: By continuously analyzing project data, Generative AI can identify potential bottlenecks or warning signs early on. Suggest mitigation strategies for the top five high-impact risks.”

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The IIL Blog

DECEMBER 20, 2023

is the learning process – how the brain acquires knowledge and skills. Make sure you are knowledgeable about the risks and limitations of AI and allow yourself to learn from different AI platforms with differing functionality so that you can retrieve beneficial bits from each.

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Artificial Inteligence Generative AI ChatGPT Software Review 167

The IIL Blog

NOVEMBER 8, 2023

The Impact of AI on Portfolio Management As a foresight specialist, consultant, and strategic advisor, I’ve been privileged to assist many organisations in a range of industries to establish portfolio offices and their definition and delivery practices. Dr. Elissa Farrow, Ph.D.

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The IIL Blog

MARCH 5, 2024

Ultimately, you’re probably already measuring the performance of your processes and the services you provide, and you can use those same measures to see if there is any improvement, any increase from the baseline or history of metrics you’re working from. Volume and duration of major incidents Volume of failed changes The list could go on.

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Rebel’s Guide to PM

SEPTEMBER 14, 2020

Change control or change management is the process of managing unplanned but desired influences on the project. It’s the process of ensuring changes are properly evaluated and incorporated into project plans. Managing scope starts and ends with a robust change management process. Your company’s process may be slightly different.

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Rebel’s Guide to PM

MARCH 11, 2024

However, the risk of getting the change aspects wrong can be huge. She’s also the founder of BEE Change, the training firm who have created the training, and she used to work at Simplify Change, a change management consultancy. She is the author of Build, Excite, Equip which is the book that this class is based on.

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Software Review Technical Review Certification Change Management 318

Rebel’s Guide to PM

SEPTEMBER 20, 2020

Project management is that branch of management devoted to the process of change ; the orchestration of people and resources through a series of activities, tasks and processes to bring about a transformation from a state to another, different state. So, in the hope that I can do my bit to end the debate, here’s my take on things.

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The IIL Blog

JANUARY 3, 2024

is the learning process – how the brain acquires knowledge and skills. Make sure you are knowledgeable about the risks and limitations of AI and allow yourself to learn from different AI platforms with differing functionality so that you can retrieve beneficial bits from each.

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Artificial Inteligence Generative AI ChatGPT Software Review 154

Wrike

JULY 23, 2023

Risk management systems play a crucial role in upholding the success and stability of businesses. These systems help organizations identify, assess, and manage various risks that can impact their operations. However, implementing risk management systems can be a challenging task, often met with difficulties and obstacles.

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Risk Management Risk Artificial Inteligence Technical Review 36

Epicflow Blog

APRIL 29, 2022

Project management goes hand in hand with uncertainty and risks. The present-day disruptions caused by the pandemic bits and pieces, military conflicts, and geopolitical tensions can only increase the number of risks that projects will be exposed to. . Risk Register: Definition and Purpose . How to Create a Risk Register?

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Scrum.org

APRIL 23, 2023

Team members are empowered to take risks, try new ideas, and learn from failures, leading to more innovative solutions for customers. Resilience and risk mitigation : Self-managed teams are better equipped to identify and address potential risks early in development. Consequently, avoid relying on external consultants.

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