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Book review: Risk Happens

Rebel’s Guide to PM

Mike Clayton defines risk as “uncertain events that can affect outcomes,” in his book, Risk Happens!: Managing Risk and Avoiding Failure in Business Projects. Risk management is the most important of your project controls. So what exactly is project risk management? Risk breakdown structures.

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Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

Outside of the world of PMI, I’m not sure that the term is widely used at all, but let’s put that aside for a moment and consider what they are and how to use them. They might be influenced by market conditions (risk appetite statements might change, for example, if the market suddenly gets a lot more competitive).

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14 Common Project Risks (+ more)

Rebel’s Guide to PM

Risks matter. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

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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. Table Of Contents.

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Creating a Risk-Adjusted Backlog

Leading Answers

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.

Risk 145
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How to Manage Project Scope Without Scope Creep (with examples)

Rebel’s Guide to PM

The term refers to how the project’s requirements or feature list grows over time without proper control. When the project manager is not actively managing changes to scope, there is no control about what is in and what is out. These are laid out in a research paper from PMI *. What is change control and why is it important?

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9 Essential Project Management Competencies

Rebel’s Guide to PM

Soft skills include: Communication Leadership Self-awareness Confidence Resilience Teamwork Business acumen Influencing and negotiating Networking Stakeholder engagement. One in five projects is unsuccessful due to ineffective communication, according to research by PMI (The Essential Role of Communications, 2013). Networking.