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12 Sure-Fire Ways to Improve Project Risk Management

Project Risk Coach

Mike was a functional project manager in an organization where I managed a PMO. But his projects were trending in the wrong direction and his manager was not happy with Mike's performance. In a one-on-one meeting, I asked Mike how he was identifying, analyzing, and managing his risks. Frankly, he did not know how.

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Manage Risks While Compressing Project Schedules

Project Risk Coach

Project managers are pressured to deliver projects quickly. Sponsors think their project managers are magicians. Let us explore ways to compress project schedules and manage the associated risks. The project manager and the project team develop a project management plan that includes the project schedule.

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Mastering PMI-RMP Domains, Tasks, and Enablers for Effective Risk Management

Project Risk Coach

As the project management landscape becomes increasingly complex, effectively identifying, assessing, and managing risks has become critical for project managers. The PMI-RMP certification covers various domains, each with its set of tasks and enablers that project managers can leverage to manage risks effectively.

PMI 221
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Change management helps when implementing risk responses

Kiron Bondale

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.

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Best of PMTimes: Risk and Opportunity Management

PM Times

When asked how typical risk management exercises are conducted, most project managers reply that this involves conversations and documentation around risk events and their respective probabilities and impacts.

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Managing Risk from Every Level of Your Organization

LiquidPlanner

If project management were an off-road 4×4 expedition, where teams had to plot a course through the unknown, cost and schedule contingency would be akin to the number of spare fuel cans you can carry successfully to complete the trip. Risk is not solved with a calculation. Are there unexpected risks now emerging?

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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.