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9 Steps to Managing Risk for Your Projects

LiquidPlanner

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations.

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The Agile Manifesto from a Lean Perspective

Scrum.org

To what extent, for example, is the Manifesto a reflex of “lean thinking”? There’s a clear synergy between lean and agile practice, and attempts to tease them apart can often seem contrived and artificial. Interestingly, in the published history of the Agile Manifesto, the word “lean” does not appear even once.

Lean 143
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The Three — Wait: Four — Elements of Empiricism

Scrum.org

Let’s start with what the Scrum Guide says about empiricism: “Scrum is founded on empiricism and lean thinking. Lean thinking reduces waste and focuses on the essentials.”. Artifacts that have low transparency can lead to decisions that diminish value and increase risk.”. Empiricism. Transparency enables inspection.

2020 188
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Dynamic Planning in the Face of Uncertainty

Planview

Meanwhile, managers are bracing themselves for the inevitability of budget cuts: If we had to keep going with 10% less budget, or 20% less, what would that look like? But failing to plan for that reality could come at the risk of jeopardizing the activities, people, and processes that are holding your business together.

Planning 146
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How to Write a Business Case

ProjectManager.com

In fact, in some lean or agile organizations, over-reliance on documentation is seen as a clear impediment to innovation and collaboration. Stakeholders: Whether they’re clients, vendors, upper management, departmental leaders or other contributors to the project, meet with them. Don’t forget to include a risk management plan.

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Project Management Artifacts: Essential Tools to Enhance Project Management

Project Pulse Journal

Malinawan, PMP Choosing the appropriate tools and techniques to your advantage is essential for professionals working in the dynamic field of project management who must contend with issues like project budget constraints, tight deadlines, and constantly changing requirements.

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10 Career-Limiting Mistakes To Avoid

Rebel’s Guide to PM

I’ve seen project managers and other colleagues crash and burn. Lots of senior managers. There is a reason that project management has a code of ethics. However, you should also make it clear that this is not your project anymore and they are responsible, otherwise they’ll lean on you for a long time.