Project Risk Coach

NOVEMBER 20, 2017

Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project. Let’s look at how to start the risk management process. How will you identify risks?

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Risk Management Risk Planning Monitoring 199

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.

Risk Management 89

Risk Management Risk Cadence 2016 89

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.

Risk Management 79

Risk Management Risk Cadence 2023 79

ProjectManager.com

DECEMBER 17, 2019

IT governance ensures that IT departments are prepared for what’s next, without losing focus on what matters. What is IT Governance? At its base level, IT governance is one or multiple processes that enable the IT staff to better manage risk and operate at its most efficient to the benefit of the organization on the whole.

Governance 217

Governance Government Planning 2005 217

Inloox

FEBRUARY 2, 2023

Know the risks in your project! Risk management plays an enormously important role in project management. The task here is to identify, analyze, control and ultimately minimize risks. The better risk management is handled in your project, the greater the probability of success, all other things being equal.

Risk 172

Risk Underperforming Technical Team Governance Government 172

The IIL Blog

MARCH 5, 2024

To bring the analogy to life with ITIL, to deliver effective and valuable services you need all the component parts of the service value system (including the practices like incident management, change enablement) to make it happen. The ITIL certification scheme provides a defined learning path benefiting the individual at each designation.

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Defining Certification 2008 Prince2 168

Rebel’s Guide to PM

SEPTEMBER 24, 2023

PRINCE2® is a project management method. It’s structured, and experience-based, created from the lived experience of thousands of project managers and successful projects. It’s a customizable way of managing and controlling the work. What is PRINCE2®? PRINCE2® stands for Projects IN a Controlled Environment (Version 2).

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Prince2 Technical Review Governance Government 358

ProjectManager.com

AUGUST 27, 2019

While they don’t manage the day-to-day operations of a project, they are above the project manager in terms of project hierarchy. According to the Project Management Body of Knowledge (PMBOK), the project sponsor is “a person or group who provides resources and support for the project, program or portfolio for enabling success.”.

Defining 297

Defining Governance Government Initiating 297

Project Pulse Journal

MARCH 18, 2024

By: Hajime Estanislao, PMP, CSM Are you a Project Manager struggling to align your project objectives efforts with your organizational objectives? Is it challenging to navigate the complex landscape of project governance frameworks? Ready to take your project management efforts to the next level?

Governance 52

Governance Government Risk Management 2015 52

ProjectManager.com

JANUARY 23, 2024

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. This is done by using a project management maturity model. What Is Project Management Maturity?

Underperforming Technical Team 335

Underperforming Technical Team Risk Management Software Review Budget 335

Kiron Bondale

JUNE 14, 2020

I’ll admit to being hyperbolic with the title of this article, but a question posed today in one of the project management LinkedIn discussion groups managed to sidetrack what I was intending to write about this week. The author asked what needs to be considered when planning risk responses.

Risk 207

Risk Risk Management Influencer Governance 207

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)? Think intranet or policy library.

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Process Technical Review Software Review Influencer 422

ProjectManager.com

MAY 14, 2019

Much as a librarian is responsible for organizing a large collection of books, organizations must have a set protocol for managing the information they collect when doing business. That plan is called data governance. What Is Data Governance? Data Governance Goals. Good data governance will help with decision-making.

Governance 192

Governance Government Information Technology Monitoring 192

ProjectManager.com

OCTOBER 6, 2023

PMO stands for project management office and it’s responsible for the project management standards in an organization. The two others are the program management office and the portfolio management office. Either way, it’s run by a PMO director. There are different types of PMOs, all headed by a PMO director.

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PMO Software Review Governance Government 346

Rebel’s Guide to PM

MARCH 12, 2022

Project governance is an important part of project management processes – even if it’s not the most exciting part of getting work done. As a project manager, part of your role is shepherding the work through the project lifecycle. Governance is a key part of that, and gate reviews are part of navigating through the project.

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Prince2 Governance Government PMO 396

ProjectManager.com

OCTOBER 20, 2023

The construction phase plan is a critical construction project management document that helps to ensure a safe project. Before explaining how to make a construction phase plan, let’s first define the term and note some of the many reasons why one should use it. Get started with ProjectManager today for free. Learn more.

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Construction Planning Risk Management Estimate 324

Rebel’s Guide to PM

MARCH 14, 2024

If you’re searching for a project management job, you’ve no doubt come across a range of different job titles. The ‘project manager’ job descriptions have a wide variety of roles and duties, which can make it hard to know what’s right for you. Also known as a Technical Project Manager.)

PMO 385

PMO Construction Engineering Logistics 385

MPUG

APRIL 9, 2022

It’s easier to ignore the possibility of risks when the business is doing well — but not having a plan for potential unforeseen threats could be the most significant risk of all. The risk management process involves identifying, assessing, and controlling risk factors that threaten an organization’s earnings and assets.

Risk Management 69

Risk Management Risk Sustainability Monitoring 69

ProjectManager.com

NOVEMBER 22, 2023

When governments or corporations make large investments, they don’t do so without serious planning. These capital projects can be infrastructure-based, such as roads and railways, when launched by the government. It’s used to help governments and corporations understand their future operational costs. They are as follows.

Budget 344

Budget Software Review Planning Construction 344

Rebel’s Guide to PM

FEBRUARY 2, 2024

The previous project manager might have moved on to do something else and you’ve got the project as part of an internal reshuffle of resources. If this is all new to you, check out PMI Kickoff , a free overview of all things project management that will help get you started. Action if not clear: Talk to your sponsor or line manager.

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PMO Governance Government Budget 303

ProjectManager.com

SEPTEMBER 14, 2023

All of these things and more make them a perfect candidate for business project management. Let’s first explore the definition of business project management. Then, we’ll look at the role of a business project manager and the types of projects that a business will manage. What Is Business Project Management?

Software Review 368

Software Review Monitoring Technical Review Risk Management 368

Rebel’s Guide to PM

MAY 2, 2022

The mission of a project portfolio manager is clear enough: maximize the business benefits of projects. In this article, you’ll learn the top 5 key considerations and knowledge areas under which the main criteria for managing a project portfolio can be grouped. Consideration #2: Managing complex risk is all about balance.

Technical Review 355

Technical Review Risk Management Governance Government 355

ProjectManager.com

JANUARY 31, 2024

If you’re not familiar with a balanced scorecard, we’ll define the term and show the four perspectives it tracks as well as explain what should be included in a balanced scorecard. A balanced scorecard is a strategic management performance metric. Let’s define the four balanced scorecard perspectives.

Performance Measurement 398

Performance Measurement Governance Government Initiating 398

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. It all depends on the urgency and type of meeting being held.

Software Review 479

Software Review Technical Review SCRUM Risk Management 479

Kiron Bondale

JANUARY 23, 2022

If a team possesses a high level of psychological safety, does this increase the likelihood that one of its members might feel safe taking a risk which goes beyond the risk tolerance of the team, the line of business or the organization as a whole? Provide examples of what is and isn’t safe to do.

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Risk Risk Management PMI Leadership 194

ProjectManager.com

NOVEMBER 29, 2023

IT financial management (ITFM) covers the costs of keeping our network, servers and devices running. IT financial management is a bit more complicated than that and we’ll explain by more thoroughly defining the term. Then we’ll list the professionals who are tasked with IT financial management and their key objectives.

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Infrastructure Finance Executing Governance 321

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.

Risk Management 36

Risk Management Risk Underperforming Technical Team Technical Review 36

Rebel’s Guide to PM

SEPTEMBER 22, 2021

Sol Benady is a management consultant, Fintech entrepreneur, and program manager working in the banking sector. I talked to him in the Project Management Club on Clubhouse about project financial management and handling budgets. From Accounting to Program Management. 5 Tips for Managing a Project Budget.

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Budget 2015 Retail Governance 361

Kiron Bondale

SEPTEMBER 6, 2020

Boards play a key governance role in the successful running of companies. A common mandate for a steering committee is to help guide projects in the right direction by providing ongoing support to the sponsor and project manager. Steering committees play a similar role when it comes to projects.

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Planning Risk Management Leadership Governance 334

ProjectManager.com

OCTOBER 24, 2023

IT service management (ITSM) is the process of how those services meet the needs of the end users who employ them. Before we get into framework processes and phases, let’s more fully define the meaning of ITSM and why it’s important. What Is IT Service Management (ITSM)? Learn more Why Is IT Service Management Important?

Process 328

Process Infrastructure Information Technology Monitoring 328

Techno-PM

AUGUST 10, 2021

What is Enterprise Risk Management (ERM)? Enterprise Risk Management is the process of understanding, assessing, and managing risks in an organization. Understanding these risks helps organizations meet their objectives more efficiently and effectively and develop strategies for mitigating those risks.

Risk Management 36

Risk Management Risk Monitoring Governance 36

Techno-PM

AUGUST 10, 2021

What is Enterprise Risk Management (ERM)? Download Project Management Templates! Enterprise Risk Management is the process of understanding, assessing, and managing risks in an organisation. Strategies to reduce exposure to identified risks to avoid loss or damage.

Risk Management 36

Risk Management Risk Monitoring Governance 36

Techno-PM

SEPTEMBER 26, 2022

As supply chain companies mature with budding scopes and complexity, supply chain risk management becomes inevitable in mitigating unexpected disruptions. What Is Supply Chain Risk Management? Supply chain risk management is a technique aimed at strategising, reassessing, and mitigating risks involved in the supply chain.

Risk Management 36

Risk Management Artificial Inteligence Risk Software Review 36

ProjectManager.com

APRIL 19, 2024

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Kanban?

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SCRUM Manufacturing 2001 Agile 412

ProjectManager.com

MAY 19, 2022

Successful CEOs Ram Charan and Larry Bossidy define execution in their book Executive: The Discipline of Getting Things Done : “Execution is a specific set of behaviors and techniques that companies need to master in order to have a competitive advantage. During this phase a project leader will focus on these key processes: Managing people.

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Executing Project Life Cycle Software Review Technical Review 500

Scrum.org

AUGUST 9, 2023

Imagine standing before a room filled with Project Management professionals at a conference, sharing insights gained from your experience. As you deliver your speech, you realize that Scrum and Project Management, despite their apparent differences, face a myriad of common challenges. More ideas (e.g.

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SCRUM PMO Governance Government 160

ProjectManager.com

SEPTEMBER 22, 2022

It’s easy to get lost in the weeds when you’re managing a project. There are day-to-day operations that the project manager obsesses over, but they also need to see the big picture. To prove this point, let’s define what a business requirements document (BRD) is and what its components are. Project Scope.

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Technical Review Software Review Defining Risk Management 323