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What Is Program Governance? Importance & Benefits

ProjectManager.com

A program is a set of connected projects that are under the oversight of a steering committee, which is the program governance body. Program governance is a critical component to successfully managing a program of projects. But what does program governance mean and why is it so important? What Is Program Governance?

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The Confusion Over Risk

Project Risk Coach

Why are many project managers confused over risks? Why do some project managers include positive risks in risk management and others do not? Let's clarify what we mean by the term risk. Risk is a Choice Merriam-Webster defines risk as “the possibility of loss or injury: peril.” Peter Bernstein.

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The Risk Management Process in Project Management

ProjectManager.com

Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project. In this article, we’ll discuss strategies that let you get a glimpse at potential risks, so you can identify and track risks on your project. What is Risk Management on Projects?

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How to Identify and Manage Emerging Risks

Project Risk Coach

Ask 10 different risk management experts to define emerging risks, and you will likely receive different points of view. In this article, let's define emerging risks, discuss ways to identify them, and look at different ways to manage these risks. What are Emerging Risks? Click to Tweet. I get this.

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Enterprise Risk Management (ERM) and Risk Governance

MPUG

Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. Some were taken, but most ignored or overlooked because of other projects and lack of understanding of risk management at an organizational level.

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14 Common Project Risks (+ more)

Rebel’s Guide to PM

Risks matter. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

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Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Is it challenging to navigate the complex landscape of project governance frameworks? In this article, we will dive deep into organizational and project governance and systems in project management. At the heart of this lies the robust framework of Organizational Governance Systems.