What Is Corporate Governance & How Can it Impact My Project?

ProjectManager.com

While making money is the overriding mandate of any for-profit enterprise, each individual organization is governed by its own set of standards and practices. Those standards and practices are called corporate governance, and they are going to influence your project.

The Three Things Every Project Manager Must Know about Project Governance

Ron Rosenhead

It covers the very important topic of project governance. Project Governance is often seen as getting in the Way. Too many project managers see the role of Project Sponsor, or their Project Board as somehow getting in the way of progress. Good Governance Adds Value.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

How to Build a Robust Project Risk Culture [8 Steps]

Online PM Courses

A robust risk culture goes beyond having a strong basic risk management process. Some of my readers may hope to influence the risk culture of their whole organization. For you, the right aspiration is to build a positive risk culture within your project.

Risk 135

Project Governance: Establishing an Effective Steering Committee

Strategy Execution | PMO Perspectives

Within the project management community, the concept of governance is seen as a fundamental project control, which is easy to grasp in principle. Getting the governance piece right requires insight and at times a few honest conversations about roles and responsibilities.

Governance and Estimating

Herding Cats

If your business is not subject to any external governance process, you’re free to spend your money as you please. Governance includes: Responsibility for a specific duty, task, or decision. Authority to influence behaviours. NoEstimates Governance

Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management.

Risk 45

A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects.

Risk 42

Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

Managing Cost, Schedule, & Technical Performance Risk Is The Basis Of Good Project Management. Risk management is essential to the success of any significant project. These risks can be mitigated with a good risk management process.

Risk 48

Are your project management success rates improving?

Ron Rosenhead

Use of a standardised project management practices are used by over 50% of companies within the survey. Standardised project Management Practices. Risk management strategies. So, are your project management success rates improving?

2017 141

RAID in Project Management

Girl's Guide to PM

Ever wondered what RAID is all about in project management? You’ll hear project managers talking about their RAID logs, or updating the RAID, but what does it all mean? There’s also a video interview with risk expert Keith Rickman – scroll down for that.

2018 371

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers. Now To Risk Management. Risk is the effect of uncertainty of objectives.

2007 42

Impacts of traditional project funding models on agile delivery

Kiron Bondale

A key enterprise partner is the Finance department and the organization’s model for project funding will have significant influence over successful agile delivery. It can result in higher risk, premature financial commitments. It can also encourage sloppy product management.

2018 203

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management. Managment Processes. Nine Best Practices of Project Management , Software Program Managers Network (SPMN). Top Habits of Successful Project Managers. Project Governance. Risk Management.

2003 59

Project Management Job Description

Girl's Guide to PM

The project management job descriptions you see in profiles on LinkedIn might not represent exactly what you would do in the role. That’s because project managers do so many different things! A general project management job description. Learn more in my book, Project Manager.

2020 230

How good is project sponsorship in your company?

Ron Rosenhead

Additionally, project managers also suggest that sponsor styles range from micro managing the project to the other end of the spectrum; taking no interest at all in the project and everything between. How much of your performance management system focuses on this aspect?

2016 191

Risk Management: PMP Study Guide (PMBOK 6th Edition)

ExamsPM

Project Risk Management includes all the processes involved in risk identification, regulation, and mitigation on a project. The objective is to increase the likelihood of positive risks (opportunities) and decrease the likelihood of negative risks (threats).

2017 46

So what’s in your company’s project management dictionary?

Kiron Bondale

We often joke that the only correct answer to a project management question is “ It depends! “ Many of us would also agree that the right approach to deliver a project is one which is tailored to fit its context, complexity and the culture in which it will be managed.

2016 193

Compendium of Works to Increase Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Management Processes (#MP). Project Performance Management (#PPM). Agile Project Management (#APM). Risk Management (#RM). Governance (#Governance).

2003 45

How effective is your benefits management framework?

Kiron Bondale

Benefits management, like project risk management, is practiced poorly by most organizations. So what are key elements of a holistic benefits management framework? This analysis should focus on assumptions and risks impacting benefits realization.

2017 181

What is a Stakeholder in Project Management?

Planio

A 3-part stakeholder management process for keeping everyone happy. Step 3: Best practices for stakeholder management and communication. And learning how to identify, handle, and manage them is an essential skill for any project manager. Continuous Stakeholder Management.

2018 295

What Should a New Project Manager Focus On?

Girl's Guide to PM

I sat opposite the new project manager. I remember sitting down with a new project manager over coffee. Don’t get me wrong: she had lots of good experience, but was off to manage her first project for a client the next day…. Project Management is a People Discipline.

2016 421

Beginner’s Guide to Project Management Process

iZenBridge

For Beginners, it is important to understand essential elements of Project Management. Who is the Project Manager? A project Manager should own the following skills to succeed: Technical Skills (Knowledge of Subject matter, need not be an expert). What is Project Management?

Project Status Reporting – 6 Key Considerations

Project Health Check

We’ve said it before and we’ll say it again, Project Managers (PMs) live and die by the Plan. The Project should then be reporting its status regularly to senior management via a Status Report, as part of its overarching Governance arrangement.

2017 250

Does your organization truly support project management?

Kiron Bondale

The April 2016 issue of PM Network provided updated project management capability findings from PMI’s 2016 Pulse of the Profession ® report. Project managers will be expected to provide feedback into the performance evaluations of the team members who had worked on their projects.

2016 190

Review: Portfolio Management – A practical guide

Henny Portman

Portfolio Management – A practical guide is a publication from the APM Portfolio Management specific Interest Group written by Steve Leary, Richard Moor, Marina Morillas Lara, Stephen Parrett, Lynne Ratcliffe and Adam Skinner. Lack of portfolio management skills.

Project Crisis… Are you Ready?

Online PM Courses

At some point in your project management career, you’ll need to deal with a project crisis. The First Skill of Project Crisis Management. Indeed, a lot of them are, to some extent, caused by the project manager; who is either complacent, over-confident, or fails in some way.

2018 102

Scope Management Plan: Everything You Need to Know

Online PM Courses

I’ve often said that scoping is the hardest part of Project Management. So for a formal project, you’ll need a good Scope Management Plan. But a Scope Management Plan is a tiny part of project management. Why a Scope Management Plan is Important.

Project Manager Roles and Responsibilities: What does a PM Really Do?

Project Bliss

The job title of “project manager” is pretty common these days. But project manager roles and responsibilities can be pretty vague if you’re not already familiar with them. When I took my first job as a project manager, my mother asked what I do. Managing risk.

2017 256

Webinar Recap: Project Managers are Change Managers

MPUG

Please find below a transcription of the audio portion of Walter Stinnett’s Project Managers are Change Managers webinar being provided by MPUG for the convenience of our members. Project Managers are Change Managers. What is change management?

2020 52

A Cheat Sheet for Project Manager Knowledge Transfers

LiquidPlanner

Project turnover should be minimized, but project manager changes are a reality. I’ve seen project managers get promoted, moved to different projects, quit or simply be replaced. Project Document Management. Project Governance. Vendor Management. Project Governance.

2018 108

The #1 Challenge in Project Management (According to the Experts)

MavenLink

Project management is a complex practice that continues to challenge even the most sophisticated of companies and experts. We wanted to identify the #1 challenge shared by project management professionals to better help others struggling in the field. Project Management

2017 144

Why Time Constraint is the Most Important Project Management Constraint

MPUG

Even before the book was published, project managers and other project stakeholders knew that project duration cannot always be shortened by adding more resources. However, customers and sponsors have always pushed project management teams to reduce timelines. Frederick P. Brooks Jr.,

DDSTOP The Saga Continues

Herding Cats

There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. Define the risks - reducible and irreducible - to each Capability and their Features. What is the Value at Risk for your Project?

DDSTOP The Saga Continues

Herding Cats

There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. And then some more resources for managing in the presence of complexity . Uncertainty can never be managed with Estimates .

DDSTOP The Saga Continues

Herding Cats

There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. They don't care about cost, risk, schedule, the probability that they'll get what they paid you for. Irreducible Schedule Risk.

An Introduction to Project Steering Groups

Girl's Guide to PM

You might use the term Project Board or Governance Committee, or something else that means a similar thing. Here’s an introduction to project steering groups as part of the governance framework so you can get yours set up and working on your project. The Governance Framework.

2018 254

INVEST, Scrum and Enterprise IT

Herding Cats

Risk interaction within systems and subsystems, between functional and physical elements, can also be modeled with DSM. DSM models interacting risks in a graphical representation produce numerical simulations of the risk and impacts on the probability of program success.

SCRUM 40

Two Parallel Processes of Project Success - Both Value and Delivery are Needed

Herding Cats

Macroeconomics is the study of how people make decisions influenced by tax rates, interest rates, foreign policy, and trade policy. IT Risk Management. Herding Cats: Fixed Prince Removes Risk - Fallacy of the Week.

2018 51

Becoming a Project Manager – A Complete Guide for 2018

Paymo App

Are you preparing to become a project manager but you don’t know where to start? We’ve put together an extensive guide for you to serve as a beginning point and reference for your future career as a project manager. – the basic personality traits of a good manager.

2018 113

Project Manager or Project Leader? What’s the Difference?

Online PM Courses

Are you a Project Manager or a Project Leader? One way I like to think of the difference between Project Management and Project Leadership is that: Project Management gets things done. Strategic and Business Management: business-oriented skill. Project Manager.

2018 106