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. Although some risks can be eliminated with a suitable solution strategy, certain risks can never be completely avoided in the project context.

Risk 172

Risk Underperforming Technical Team Governance Government 172

Project Risk Coach

DECEMBER 26, 2017

Successful project managers have a common trait – they identify and manage risks. Let’s look at seven tools and techniques to identify risks. They get the team together, identify lots of risks, and enter them into an Excel spreadsheet. However, the risks are never discussed again. When to Identify Risks.

Risk 306

Risk Software Review Risk Management Energy 306

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 Control Tools and Techniques.

Controlling 290

Controlling Risk Technical Review Performance Measurement 290

Kiron Bondale

MARCH 3, 2019

A student in a project management class I taught shared the concern that it was very hard for her to get risk responses implemented. Acceptance is a risk response strategy, but project managers are not supposed to just report on accidents, they are expected to prevent them. But there’s only so much that they can do by themselves.

Risk Management 273

Risk Management Change Management Risk PMI 273

Project Risk Coach

FEBRUARY 4, 2019

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. What tools and techniques can project managers use for controlling risks and getting the results they are looking for?

Controlling 199

Controlling Risk Technical Review Performance Measurement 199

Project Risk Coach

AUGUST 27, 2018

In this article, we will look at how to conduct a risk audit to evaluate the effectiveness of your risk management. Additionally, we'll also talk about how to be more forward thinking through risk reviews. Good Risk Management fosters vigilance in times of calm and instills discipline in times of crisis.” -Dr.

Risk 186

Risk Risk Management Controlling Monitoring 186

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. 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.

Risk Management 167

Risk Management Risk 2012 Prince2 167

LiquidPlanner

MAY 24, 2022

This notion of contingency analysis shows that when planning or budgeting, we must account for foreseeable risk and factor in the optimal route required with the minimum number of possible detours. Risk is not solved with a calculation. Project leaders need to ask: are some foreseen risks not occurring?

Risk Management 158

Risk Management Risk 2003 2007 158

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. Understanding Agile Risks In the dynamic realm of agile projects, risks can manifest in various forms.

Risk Management 79

Risk Management Risk Technical Review Agile 79

Wrike

JUNE 11, 2023

This article explores the world of neuroplasticity and the seven exercises you can incorporate into your daily routine to keep your mind sharp and agile. This process, known as synaptic plasticity, plays a crucial role in shaping our brains and enhancing our cognitive abilities.

Agile 36

Agile Risk Management Engineering Risk 36

Project Risk Coach

JULY 5, 2017

It was always interesting to watch—the best project managers were the ones who had a habit of identifying risks, both threats and opportunities. And these individuals did not perform the risk identification just once at the beginning of their projects. Wise project managers know that there are unknown risks lurking in every corner.

Risk 255

Risk Risk Management Initiating Planning 255

Project Risk Coach

OCTOBER 23, 2021

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. Therefore, negative risks are considered to be threats and positive risks are opportunities.

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

Project Risk Coach

NOVEMBER 21, 2016

8 ways to identify scope risks Some project managers struggle to identify scope risks. Second, individuals may not know HOW to identify scope risks. Either way, the failure to identify (and manage) scope risks can be costly. What are Scope Risks? What are some examples of scope-related risks? Interviews.

Risk 150

Risk Software Review Risk Management Defining 150

Rebel’s Guide to PM

NOVEMBER 4, 2022

Those questions are quite helpful on a smaller scale, too, for example dealing with project risk or unpicking a difficult project issue. The idea of ‘making ideas visible’ is great because it ensures the team understands the problem before they move into the design process or coming up with alternative solutions.

PMI 432

PMI Technical Review 2021 Underperforming Technical Team 432

Scrum.org

MAY 15, 2023

Design a Sprint board considering the following [your process information]. Identify risks & dependencies for following feature: [Your feature]. Your suggestions include surveys, talks, interviews, team meetings, games, exercises, or other parties like stakeholders or line managers, and other useful practices.

ChatGPT 191

ChatGPT Technical Review SCRUM Artificial Inteligence 191

ProjectManager.com

MAY 19, 2022

During the five process groups of the project life cycle, there are multiple objectives and outcomes for each phase. After the project initiation and the planning processes, the execution of the project begins. During this phase a project leader will focus on these key processes: Managing people. Following processes.

Executing 500

Executing Project Life Cycle Software Review Technical Review 500

Scrum.org

APRIL 3, 2023

I want you to create a schedule, name the exercises, and point to sources where I can learn more about the suggested activities. Can you be more specific regarding the exercises for lessons 4 to 7? Please suggest what kind of exercises best advance the respective lesson topic for the students.

ChatGPT 146

ChatGPT Underperforming Technical Team SCRUM Artificial Inteligence 146

Project Risk Coach

APRIL 18, 2021

One of the most powerful tools for this exercise is the work breakdown structure (WBS) which is a hierarchical decomposition of the scope of work. In project time/schedule management, we continue the decomposition process to identify the project activities -- distinct, scheduled portions of work. What activities must be completed?

Estimate 397

Estimate Risk Management Initiating Defining 397

Techno-PM

AUGUST 1, 2023

Introduction A risk breakdown structure (RBS) is a powerful tool used in project management to identify, categorize, and understand potential risks that may arise throughout a project. By breaking down risks into manageable components, project managers can develop effective risk management strategies and allocate resources accordingly.

Risk 36

Risk Technical Review Risk Management Defining 36

Project Risk Coach

JUNE 9, 2023

Utilize productivity tools like calendars, to-do lists, or digital apps to streamline your planning process. Prioritize sleep, exercise, and a healthy diet to ensure you have the energy and mental clarity to tackle your tasks efficiently. A well-structured plan reduces distractions, keeps you on track, and maximizes your efficiency.

Energy 284

Energy Risk Management Planning Risk 284

nTask

OCTOBER 29, 2020

According to surveys conducted, as of 2016, 66% of enterprises run a business process improvement program occasionally or never. What is Business Process Improvement? Before you can work towards improving your company’s business processes, it is imperative to understand what a business process is.

Process 133

Process Technical Review Lean Software Review 133

Scrum.org

NOVEMBER 6, 2018

Dealing with Technology Uncertainty - The Waterfall Passive/Buffered Risk Management Style. Dealing with Technology Uncertainty - The Agile/Scrum Active Risk Management Style. The Risk Burndown Exercise. the X axis reflects the time or stages in their "Stage-gate process". The risk is there.

Underperforming Technical Team 129

Underperforming Technical Team Risk SCRUM Executing 129

Project Risk Coach

MAY 13, 2016

Project managers may fail to achieve their project objectives because they don’t know how to take a look backward and forward at their risks. Project managers can use risk audits to look backward and risk reviews to look forward. Theodore Roosevelt” How to Look Backward (Risk Audit).

Risk 150

Risk Risk Management Controlling Closing 150

Project Risk Coach

MARCH 2, 2016

How well did John use risk management to accomplish his goal? He and his team completed a project plan and identified project risks. He captured the risks in his risk register and periodically conducted risk reviews. He skipped capturing his risks and conducting the risk reviews.

Risk Management 170

Risk Management Risk Technical Review Software Review 170

Rebel’s Guide to PM

JULY 22, 2023

It’s helpful to have a decision-making process or framework to guide you, especially when faced with complex problems that require additional info from others. Step-by-step decision-making process overview There are 5 steps in the decision-making process in project management. What decisions can you use this process for?

Software Review 303

Software Review Monitoring Risk Management Governance 303

Scrum.org

AUGUST 25, 2023

Amy Edmondson defines psychological safety as “a shared belief about the consequences of interpersonal risk-taking”. Tip 3: Use (Kanban) metrics to bring in more data Kanban is a strategy for optimizing the flow of value through a process that uses a visual, pull-based system. What topics are worth revisiting?

SCRUM 154

SCRUM Software Review Agile Closing 154

Rebel’s Guide to PM

SEPTEMBER 1, 2023

Some exercises across the courses are the same e.g., create a RACI matrix , but the templates are different – that’s weird. Some of the exercises were the same, for example, creating a RACI or a RBS, but they had different templates. This course is new (it launched in June 2023). My bigger gripe is that the course is very PMI-focused.

Technical Review 340

Technical Review Certification Software Review PMI 340

LiquidPlanner

NOVEMBER 1, 2018

You might not need to document this granularity on your work breakdown structure, but your team could go through the exercise to split out tasks into their component parts. Gone through the release process—you can estimate that part. Where you can’t remove the uncertainty, add this as a risk to your project risk register.

Estimate 602

Estimate Risk Management Innovation Budget 602

Teamweek

MARCH 30, 2022

With the great resignation in full effect, recruiters are constantly looking for ways to modernize their hiring process. Job simulations are exercises designed to replicate a real-life working environment and may include tasks such as answering calls, completing a skills test, or presenting a report.”. In-Basket/In-Tray Exercises.

Process 52

Process Software Review Engineering Risk Management 52

Scrum.org

JUNE 20, 2023

It's essential to understand that learning is not a one-size-fits-all process. Guided Learning: Structured yet Flexible Guided learning, as the name suggests, guides learners through the process. Groups can utilize resources like case studies, interactive exercises, or software tools. With this in mind, Agile-ity Inc.

SCRUM 152

SCRUM Agile Influencer Initiating 152

Kiron Bondale

AUGUST 15, 2021

Given the uncertainties involved in relocating to a new city and the fact that this is our first move in over a decade, more effort had to be spent on risk management than on some of the other knowledge areas. While the move itself tended to involve a number of negative risks, the post-move stages have also introduced some positive ones.

Risk Management 207

Risk Management Risk Executing Leadership 207

ProjectManager.com

DECEMBER 28, 2023

Workload analysis is part of the larger workload management and is an ongoing process throughout the execution of the project. ProjectManager is award-winning project management software that has resource management tools to keep teams productive without risking burnout and poor morale. That’s workload analysis. Here are a few.

Manufacturing 316

Manufacturing Monitoring Estimate Executing 316

The Strategic Project Manager

DECEMBER 14, 2023

Analytic rigor – Avoid proxies such as size and price from value, keep things simple and avoid over-complexity, analyze the business before you over macro factors, think about risk factors are multiple levels, and walk through your analysis forward and backward. This is not an intellectual exercise.

Risk Management 98

Risk Management 2024 Risk Monitoring 98

PM That Works

APRIL 5, 2024

Chapter 12 of my book "Project Management That Works" presents a narrative on risk assessment, a process traditionally encumbered by subjective judgments and cumbersome methodologies. I presented a way to turn lessons learned into a risk assessment that could provide actionable insights.

Artificial Inteligence 65

Artificial Inteligence Technical Review Risk Management Risk 65

Project Risk Coach

AUGUST 5, 2019

Think about it—in the project charter process, project sponsors and managers have the opportunity to engage key stakeholders for the express purpose of defining the vision of a project. Not everyone, mind you, but we do want the key stakeholders involved in the project charter process. This is not a documentation exercise!

PMI 299

PMI Initiating PMO Risk Management 299

nTask

APRIL 28, 2021

To generate a clear business case, organizations need to write business operations with sustainability in mind, which can be done by the following two steps: Document their business processes. Implement effective process improvement techniques for sustainability. At the core of every business are business processes.

Sustainability 120

Sustainability Process Underperforming Technical Team Lean 120

Rebel’s Guide to PM

MARCH 22, 2023

The courses are wide-ranging and cover everything from project management methods including agile methods, risk management, the project life cycle, project management tools, project implementation and change management. There are other exercises to do as well, such as reflection exercises.

Certification 448

Certification Software Review Project Life Cycle Risk Management 448