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Risk Mitigation in Project Management

ProjectManager.com

Risk is something every leader knows well. We all need to become comfortable with some risks. We are never going to eliminate all risks. What Is Risk Mitigation? It involves a process that we’ll explore in a moment but basically addresses the top risks in order to fully protect the project. Learn more.

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

There are many things that are needed when managing a project. Some of these are called organizational process assets. These organizational process assets are critical to a project’s success and its operations. Then we’ll get into some examples to fully illustrate their meaning. What Is an Organizational Process Asset?

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Bug Report: Example, Template & Best Practices

ProjectManager.com

Developing software, like any project, is complicated and littered with roadblocks. A bug is a problem with a feature or the functionality of the software, which needs to be fixed before it can be shipped to customers. A bug relies on a bug report to get that process started. What Is a Bug Report?

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8 Free Risk Management Templates for Excel

ProjectManager.com

If there’s one thing you can be certain of when managing a project, it’s change. Although it’s impossible to predict the future, with these free risk management templates, you can better prepare for the unexpected and be more apt to keep your project on track. However, templates can only do so much.

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Project Performance Reporting: Key Performance Reports

ProjectManager.com

Keeping tabs on the performance of your project is an essential part of project management. Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver the project on time and within its budget. Project management software can help.

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What Is Positive Risk on Projects?

ProjectManager.com

Project risk. Just the word risk can evoke the same kind of primal, fight-or-flight fear in project managers. But risk shouldn’t be feared, it’s just another part of the project to manage. All projects have some element of risk while other projects are inherently high-risk. (We’re

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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

To better illustrate how a balanced scorecard works, we’ll also show an example of one and then share a free template to help you get started with yours. A balanced scorecard is a strategic management performance metric. What Is a Balanced Scorecard? Let’s define the four balanced scorecard perspectives.