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?

Risk Management 242

Risk Management Risk Planning Technical Review 242

Planio

APRIL 22, 2024

Project managers are born communicators. An executive summary is your secret weapon when it comes to project communication. Whether it’s a business case, project plan, or market analysis, an executive summary is a great way to get the project’s most important information across quickly and clearly. What is an executive summary?

Executing 88

Executing Fractional CTO Technical Review CTO Hire 88

ProjectManager.com

FEBRUARY 3, 2022

Risks will arise and threaten the successful delivery of your project. Using a risk breakdown structure (RBS) is how you prepare for the unexpected. A risk breakdown structure is great for identifying and prioritizing risks so you know which will be more or less impactful. The Four Categories of Risk in a Project.

Risk 363

Risk Underperforming Technical Team Risk Management Technical Review 363

Productivity Land

JULY 17, 2023

However, navigating uncertainties requires effective risk management. In this article, we will delve into the world of agile risk management, exploring strategies to identify, assess, and mitigate risks in projects. By recognizing and categorizing these risks, project teams can proactively address them.

Risk Management 79

Risk Management Risk Technical Review Agile 79

Productivity Land

APRIL 23, 2024

In the tech industry you’ve got to know when to go all in with innovation and when to hold back due to risk. That’s where the genius of strategic alignment in technology portfolios comes into the picture. When the bet’s as high as it is in tech, knowing how to balance your cards can make all the difference.

Technical Review 69

Technical Review Software Review Innovation Energy 69

Rebel’s Guide to PM

OCTOBER 14, 2019

A project manager’s job isn’t just about managing the work. Part of a resource management plan is to build the skills of your team. Normally we’d think of that in terms of the technical skills they need to deliver the project, like taking a course in a programming language or brushing up their system maintenance skills.

Risk Management 247

Risk Management Risk Technical Review 2015 247

LiquidPlanner

FEBRUARY 14, 2022

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. Which is why so many projects—especially large technology projects—run into trouble. But there are ways you can mitigate and manage risk. Create a project risk register.

Risk Management 167

Risk Management Risk 2012 Prince2 167

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? Why is ERM important?

Risk Management 268

Risk Management Risk PMI Technical Review 268

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? Why is ERM important?

Risk Management 240

Risk Management Risk PMI Technical Review 240

LiquidPlanner

AUGUST 2, 2022

Why the partnership of technology and people bring more than one benefit. As defined by Professor Leigh Thompson of the Kellogg School of Management, “a team is a group of people who are interdependent with respect to information, resources, knowledge and skills and who seek to combine their efforts to achieve a common goal.”

Technical Review 158

Technical Review Artificial Inteligence Software Review PMO 158

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

Project Risk Coach

JANUARY 14, 2019

Project managers constantly think about risks, both threats and opportunities. Let’s consider a simple but powerful tool to capture and manage your risks—the Risk Register. What to Include in a Risk Register. What to Include in a Risk Register. ” Risk Owner. .” Risk Score.

Risk 342

Risk Risk Management Technical Review Information Technology 342

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.

Process 422

Process Technical Review Software Review Influencer 422

ProjectManager.com

NOVEMBER 23, 2023

The use of capital budgeting offers an objective view that helps managers figure out how to invest capital in order to increase business value but also helps the overall health of the company. Capital budgeting is part of the larger financial management of a business, focusing on cash flow implications when making an investment decision.

Budget 340

Budget Technical Review Software Review Executing 340

Project Risk Coach

JUNE 19, 2017

Changes in project risks are inevitable. As a project progresses, the probability and impact of current risks change, new risks emerge, and residual risks may increase or decrease. How can project managers optimize their risk responses and get the results they are looking for? Risk reassessment.

Controlling 290

Controlling Risk Technical Review Performance Measurement 290

ProjectManager.com

NOVEMBER 9, 2023

When working in information technology (IT), an incident can shut down a network or server and stop work, which is why IT incident management is so important. Before we go into the process of IT incident management, let’s first understand what the term IT incident means and how IT incident management is defined.

Software Review 342

Software Review Technical Review Risk Management Executing 342

Project Risk Coach

JULY 2, 2018

Poor risk management is costly. Project managers are caught off guard by emerging risks. And these risks may turn into issues costing more time and money. We can identify risks early. We can assess and prioritize our risks, allowing us to make better use of our limited time. Douglas Adams.

Underperforming Technical Team 136

Underperforming Technical Team Risk Management Risk Technical Review 136

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 330

Underperforming Technical Team Risk Management Software Review Budget 330

PM Basics

JANUARY 20, 2023

A document you use to capture all known risks is called: A. Risk Register. Risk List. Risk Diary Next Question On a Friday evening John (your best engineer in the team) comes to you and says he quits. Qualitative Risk Analysis B. Risk Brainstorming C. Quantitative Risk Analysis D. More responsibility.

Risk Management 52

Risk Management Risk Technical Review Technical Support 52

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. But meetings are critical for project planning and team collaboration.

Software Review 474

Software Review Technical Review SCRUM Risk Management 474

ProjectManager.com

NOVEMBER 2, 2022

However, in project management, project assumptions are essential for planning a project. Let’s take a look at how project assumptions are defined in project management and why they’re so important. Then we’ll learn about a project assumption log and how assumptions differ from constraints and risk.

Software Review 316

Software Review Risk Management Technical Review Risk 316

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 363

Software Review Monitoring Technical Review Risk Management 363

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).

Prince2 358

Prince2 Technical Review Governance Government 358

MPUG

MARCH 20, 2023

The day-to-day execution of a project is a new adventure every day, with new challenges, new surprises, and yesterday’s follow-ups. To improve project execution, it is critical to have certain documents in place and steps taken in the early stages of the project. Here are 5 ways to improve project execution.

Executing 110

Executing Finance Technical Review Software Review 110

ProjectManager.com

FEBRUARY 19, 2019

If a business isn’t prepared for those responses, then they’re taking a great risk. It’s another arrow in the quiver to battle risk. Risk is always on the horizon and the better equipped businesses are to discern and prepare for them, the more likely they’ll be able to continue doing business in the future.

Technical Review 327

Technical Review Software Review Risk Management Risk 327

ProjectManager.com

AUGUST 23, 2023

When managing a project, there will inevitably be changes or other issues that impact the project. To prevent going off schedule or overspending, project managers are always balancing the project management triangle, which is made up of the three main project constraints. What Is the Project Management Triangle?

Software Review 304

Software Review Risk Management Risk Budget 304

Project Risk Coach

JUNE 4, 2023

In the world of project management, troubled projects can be a source of frustration, stress, and disappointment for both teams and stakeholders. When project managers fail to conduct a thorough analysis of project requirements and dependencies, they are likely to underestimate the effort required.

Risk Management 243

Risk Management Technical Review Estimate Risk 243

ProjectManager.com

JANUARY 31, 2023

These IT project management templates are essential to get those jobs done properly. ProjectManager has dozens of free project management templates for Excel and Word that IT managers need when working on web development, software development, mobile app development, network configuration and so much more.

Technical Review 300

Technical Review Software Review Risk Management Risk 300

Rebel’s Guide to PM

MARCH 11, 2021

Where is artificial intelligence taking project management? AI has turned up in the project management trends articles over the past few years and it’s now most definitely here to stay. The impacts of artificial intelligence in project management. PWC predicts that 80% of project management work will be eliminated by 2030.

Artificial Inteligence 510

Artificial Inteligence 2030 Technical Review Underperforming Technical Team 510

Inloox

APRIL 16, 2024

SWOT analysis in the project management context Why should I conduct a SWOT analysis? The word SWOT is made up of the following four words: S trengths W eaknesses O pportunities T hreats The application of the SWOT analysis covers a variety of fields such as marketing, general management or the development of human resources and executives.

Artificial Inteligence 100

Artificial Inteligence Underperforming Technical Team Technical Review Development Team Review 100

Rebel’s Guide to PM

SEPTEMBER 26, 2023

You can earn PDUs (professional development units) for ongoing certification renewal, such as for the Project Management Professional (PMP)®, from reading. I’ve read, I’m guessing, over 150 management books in my career, and you can read my book reviews if you want to trawl through the archives. What books qualify for PDUs?

PMI 348

PMI Certification Sustainability Technical Review 348

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. Bring in technical specialists as required.

Underperforming Technical Team 407

Underperforming Technical Team Technical Review Sustainability Estimate 407

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

MARCH 2, 2016

John Smith was hired as a new project manager at a leasing company, and he was assigned a small project with a team of six people. How well did John use risk management to accomplish his goal? He and his team completed a project plan and identified project risks. Improving Risk Management.

Risk Management 170

Risk Management Risk Technical Review Software Review 170

Binfire

DECEMBER 11, 2023

It needs accurate planning, execution, and monitoring so the result will be accurate and trusted. This is the part where project management principles come into play. Companies can improve results and reduce risks by using project management principles in online assessments.

Development Team Review 78

Development Team Review Technical Review Software Review Monitoring 78

Rebel’s Guide to PM

JUNE 25, 2020

Are you biased as a project manager? In this article we’ll talk about the different types of bias in project management. A project manager is the linchpin of a successful project. Her leadership and guidance is of paramount importance during planning and execution. Anchoring bias in project management.

Technical Review 488

Technical Review 2007 Finance Estimate 488

Wrike

SEPTEMBER 30, 2023

Effective risk management is crucial for the success and sustainability of any business. By identifying and addressing potential risks, organizations can minimize their impact and ensure continuity of operations. These risks can arise from various sources, such as financial, operational, legal, or technological factors.

Risk Management 36

Risk Management Risk Technical Review Monitoring 36