Project Risk Coach

OCTOBER 23, 2021

Some project managers have a defensive mindset. 3 Is an Opportunity a Risk, Really? Project managers may use qualitative and quantitative risk analysis to evaluate opportunities. Consequently, these project managers and team members fail to take advantage of these upside risks. Let's define opportunity.

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

Project Risk Coach

JUNE 26, 2017

Risk management is such an effective vehicle for climbing the tallest mountain or swimming the deepest sea. However, the risk management pitfalls are many, rendering us completely ineffective in our attempt to fulfill our dreams. Thou shalt not make risk management complicated. Forrest Gump Click To Tweet.

Risk Management 246

Risk Management Risk Monitoring Planning 246

Project Risk Coach

FEBRUARY 19, 2018

I fear that many project managers live by the letter of the law and may fail to gain the true benefits of risk management. These individuals are too concerned with checking boxes and making the risk management processes overly complex. Thou shalt not make risk management complicated. If so, why?

Risk Management 207

Risk Management Risk Monitoring Planning 207

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?

Aerospace 98

Aerospace Risk Management Engineering Risk 98

Rebel’s Guide to PM

MARCH 31, 2024

The most commonly used planning constraint method in project management was historically the “triple constraint” – time, cost and scope – sometimes known as the project management triangle or the “iron triangle” because it’s often shown as a triangle with the constraints at each vertex. What is the Triple Constraint?

Risk Management 371

Risk Management Budget Risk Sustainability 371

MPUG

NOVEMBER 7, 2022

I got introduced to formal project management processes through Rational Unified Process (RUP) in the year 2000. I had to learn about RUP because our company had adopted it to implement and manage projects. I had to learn about RUP because our company had adopted it to implement and manage projects.

Project Life Cycle 103

Project Life Cycle Process Construction Closing 103

Rebel’s Guide to PM

SEPTEMBER 26, 2022

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 383

Risk Prince2 Risk Management PMO 383

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 482

Software Review Technical Review SCRUM Risk Management 482

ProjectManager.com

OCTOBER 6, 2023

PMO stands for project management office and it’s responsible for the project management standards in an organization. It can be a department in that organization or a group of professionals, either inside or outside the organization. The two others are the program management office and the portfolio management office.

PMO 349

PMO Software Review Governance Government 349

ProjectManager.com

AUGUST 22, 2023

What qualifications do you need to land a project management job? What Are Project Management Qualifications? Being qualified for a position as a project manager means you have the skills, experience and temperament for the job. Qualified project managers need the right tools for the job. Thanks for watching!

Certification 358

Certification Leadership Risk Management Budget 358

Rebel’s Guide to PM

OCTOBER 10, 2022

They also are the main risk-taker and decision-maker on the project so it’s important to have them around. The project management plan is the responsibility of the project manager, although everyone in the team will end up having input to it. We recommend: Project Management Plan Template. You manage lessons learned.

Governance 435

Governance Government PMO 2016 435

Rebel’s Guide to PM

AUGUST 3, 2021

They define salience as: the degree to which managers give priority to competing stakeholder claims. Project stakeholder management and saliency. Project management relies on people: you need the project team to get things done, and that team might include members of different stakeholder groups.

Influencer 477

Influencer Governance Government Defining 477

Project Risk Coach

AUGUST 10, 2020

And one of the most important things to communicate is your risks. How do you communicate risks? Communicating Project Risks 1. We can’t manage expectations if we haven't identified the individuals, groups, and organizations who may impact your project or be impacted by your project. What is the risk?

Risk 418

Risk Risk Management Defining Monitoring 418

ProjectManager.com

AUGUST 23, 2023

To understand what project health is let’s define it and the areas that should be monitored to make sure your project is healthy. Just as a doctor takes a person’s temperature or blood pressure, project managers need to check on their project’s health. Project management software acts as the thermometer for the project.

Monitoring 296

Monitoring Risk Management Budget Risk 296

Planview

JULY 29, 2021

Risk management is one of the core project knowledge areas, an essential and ongoing process which can be described as the methodical process of identification, analysis and response to project risks involving several major phases which are similar to all projects. The Risk Analysis Process in Project Management.

Risk Management 78

Risk Management Risk Process Influencer 78

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free. Risk Management Plan Definition. Risk Register, WBS). Monitoring Risks.

Risk Management 105

Risk Management Risk Planning Technical Review 105

Project Risk Coach

SEPTEMBER 28, 2022

A project manager makes decisions based on their risk perspective. However, the project manager may miss the mark. Misunderstanding of the stakeholders’ risk appetite. In this article, let's explore the what, why, and how of project risk appetite. What is Risk Appetite? Let’s look at this definition closer.

Risk 195

Risk Underperforming Technical Team Risk Management Defining 195

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 364

Technical Review Risk Management Governance Government 364

ProjectManager.com

NOVEMBER 27, 2019

What do you need to know to succeed at project management? While there’s some truth to that joke, it’s not helpful to the student or the experienced professional who is looking for a way to understand the myriad responsibilities of being a project manager. What is PMBOK in Project Management? Project Integration Management.

Monitoring 502

Monitoring Risk Management Controlling Technical Review 502

nTask

NOVEMBER 12, 2018

Gary David Cohn once said, “If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business.”. Project manager or not – professionals on all levels have to interact with researching, identifying, and resolving risks. Risk Identification Techniques.

Risk Management 76

Risk Management Risk Underperforming Technical Team Manufacturing 76

Rebel’s Guide to PM

APRIL 2, 2023

When a program is failing, you should define the problem and potential solutions, and alert stakeholders at the first sign of trouble, according to LeRoy Ward, Executive VP at ESI. His ‘Managing and Saving Programs in a Changing World’ webinar covers 5 steps for project recovery. Using an outside assessment team creates objectivity.

Underperforming Technical Team 418

Underperforming Technical Team Technical Review Sustainability Estimate 418

ProjectManager.com

FEBRUARY 21, 2023

A PMO, or project management office, can be an internal department or an external group or agency that defines and maintains the standards for a company’s project management. PMO Gantt Chart Template The Gantt chart is one of the essential tools for project managers. All will have their specific expectations.

PMO 248

PMO Software Review Risk Management Risk 248

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 397

PMO Construction Engineering Logistics 397

Project Risk Coach

NOVEMBER 30, 2020

Are you guilty of using project management jargon and acronyms? If not, perhaps you have fallen under the curse of project management knowledge. It's not because you don't follow the Project Management Body of Knowledge (PMBOK). You are a cut above the rest in your knowledge of project management. So here it is.

Underperforming Technical Team 321

Underperforming Technical Team PMO Risk Management Information Technology 321

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 401

Performance Measurement Governance Government Initiating 401

Project Risk Coach

MARCH 21, 2022

No requirements management plan. The project manager should define the approach to requirements development and management. How will you manage requirement changes? How will you manage requirement changes? Read my article: Why Project Managers Need Business Analysts. Poor requirements change process.

Underperforming Technical Team 416

Underperforming Technical Team Software Review Risk Management Controlling 416

ProjectManager.com

APRIL 5, 2024

Read about the benefits of an effective maintenance schedule and see how a maintenance plan can help a diverse group of industries. Implementing a maintenance schedule will solve problems before they can risk breaking down machinery and stopping production, which leads to delays and added costs. What Is a Maintenance Schedule?

Manufacturing 318

Manufacturing Construction Software Review Healthcare 318

ProjectManager.com

MAY 19, 2022

During the five process groups of the project life cycle, there are multiple objectives and outcomes for each phase. Project execution’s key purpose is to complete the work defined in the project management plan and to meet key project objectives. Project execution, as with project management, is broken down into steps.

Executing 500

Executing Project Life Cycle Software Review Technical Review 500

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. Risk management. Expectation management. Stakeholder engagement.

Prince2 405

Prince2 Governance Government PMO 405

Rebel’s Guide to PM

MAY 31, 2023

Project managers know that cooperation boosts productivity on projects and is beneficial in a team environment. Teamwork ensures that resources are well-managed and less time is needed to complete a project. And if that wasn’t enough, here are 10 reasons why teamwork is vital to effective project management.

Risk Management 312

Risk Management Leadership Risk Innovation 312

Project Risk Coach

JUNE 6, 2022

Do you want to be the Sherlock Holmes of project management? Let’s look at three ways to manage project uncertainty better. Project managers walk into the unknown with each new project. No wonder project managers find it difficult to estimate the schedule and budget. How can we manage this volatility?

Risk Management 221

Risk Management Risk Estimate Budget 221

ProjectManager.com

NOVEMBER 18, 2020

A program is a collection of projects that relate to one another, and are therefore managed together in order to achieve maximum efficiencies. The advantages of managing these similar projects make them stand better together than by themselves. Program Management vs Project Management. What is a Program Management Plan?

Planning 409

Planning Executing Defining Budget 409

ProjectManager.com

JUNE 15, 2021

Project managers are the point person in charge of a specific project or projects within an organization. We regularly feature project management resources to help train PMs to land jobs in the industry or develop better skills in their current role. What Does a Project Manager Do? How Much Does a Project Manager Make?

Certification 442

Certification Prince2 Monitoring PMI 442

Project Risk Coach

JUNE 28, 2021

Maybe you’ve seen a new team of baseball players, a music group, a civic group, or a business team. Use your interpersonal skills to influence the resource manager and others who select the team members. The post How to Improve the Performance of Your Project Teams appeared first on Project Risk Coach.

Influencer 397

Influencer Executing Risk Management Initiating 397

ProjectManager.com

MARCH 9, 2022

Let’s take some time to define what a stakeholder is, examples of stakeholders and free stakeholder templates that can help with stakeholder management. A stakeholder is either an individual, group or organization who is impacted by the outcome of a project or a business venture. But what is a stakeholder? Learn More!

Software Review 483

Software Review Influencer Governance Government 483

Project Risk Coach

NOVEMBER 2, 2020

In today's article, I'll test your understanding of risk attitude. We'll also explore different risk attitudes and how they can affect risk evaluations. Project managers should seek to understand the risk attitudes of key stakeholders because: A. Negative risk attitudes can reduce a project team's motivation.

Risk 334

Risk PMI Risk Management Defining 334

ProjectManager.com

DECEMBER 6, 2022

It requires that the company support an environment where everyone, from management to employees, is executing their jobs as perfectly as possible. ProjectManager is online project management software that delivers real-time data to help you catch problems quickly and resolve them. Total Quality Management (TQM).

Manufacturing 294

Manufacturing Controlling Risk Management Engineering 294