The Importance of Data Governance for Business

ProjectManager.com

Much as a librarian is responsible for organizing a large collection of books, organizations must have a set protocol for managing the information they collect when doing business. That plan is called data governance. What Is Data Governance? Data Governance Goals.

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 Risk Management Plan

Project Risk Coach

Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project. Let’s look at how to start the risk management process.

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Risk Management for Project Managers

Arras People

“Increasingly,” says Walaa Bakry, who runs Westminster Business School’s project management courses, “successful project management is becoming a synonym for successful risk management. Management of Risk was the next obvious area for us to expand into.”.

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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.

Review Agile Governance and Audit

Henny Portman

Christopher Wright wrote the book Agile Governance and Audit – An overview for auditors and agile teams. Agile Governance and Audit gives a short introduction to agile, compares agile with waterfall and looks at audit and agile cultures. To order (Bol.com): Agile Governance and Audit.

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.

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Kingspan Insulation Enables Growth with Successful Product Portfolio Governance

Arras People

If your organisation does not have effective product portfolio governance, growth can quickly become overwhelming and lead you into making inaccurate decisions. Risks can then be more closely monitored by senior management and stakeholders trust the data. Project Management

Kingspan Insulation Enables Growth with Successful Product Portfolio Governance

Arras People

If your organisation does not have effective product portfolio governance, growth can quickly become overwhelming and lead you into making inaccurate decisions. Risks can then be more closely monitored by senior management and stakeholders trust the data. Project Management

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.

5 Governance Steps for Distributed Project Team Management

LiquidPlanner

Managing a distributed project team takes real skill and a definite commitment to putting a governance structure in place that enables success. Delivering Project Success via Good Governance. When it comes to governance for a distributed project team, keep it simple.

Risk Assessment for Information Security

Brad Egeland

Risk assessment methods and programs should be key components of your security plan, as they guide your team in establishing a strong framework for compliance. ISO 27005 ISO 27005 is a framework that guides businesses towards effective risk management.

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. The governing of IT systems has two distinct components. NoEstimates Governance

System of Delivery: An Intro to Our Governance Model

Leading Agile

Our governance model and team design may look a little complicated at first glance. In this presentation, our Chief Methodologist, Dennis Stevens will remove the noise and walk you through our governance model and team design to help you better understand the LeadingAgile system of delivery.

Your Basic Guide to IT Project Governance Framework

Project-Management.pm

IT project governance framework has since been the answer to this equation, but people seemed not to fully grasp its function. This article tackles the importance and significance of IT Project Governance Framework and its impact on the projects in the organization. Project governance is crucial component of every project since the responsibilities that come with it are interconnected with different business cases, as well as the project’s overall success.

Big Data and Risk Management

Brad Egeland

Furthermore, big data is an essential and powerful risk management tool. These interactions offer an excellent opportunity to obtain organizational risk insight, which facilitates the reduction and assessment of threats. Once your business uses big data in managing risk, you will get a comprehensive overview that assists you in structuring your financial revenue streams. Risk is virtually part of every company’s decision.

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Staying Ahead of Business Risks

Brad Egeland

While the company has managed to remain afloat despite the reputational and financial loss brought about by the breach, it would be tough for small business to rise from such a monumental blow. Sadly, such risks are the norm in the modern-day business world.

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.

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The Fundamental Goals of Risk Management

Brad Egeland

This boiled down to one single problem, their lack of a well-defined risk management program. If they did account for all the risks that their business faced they would have discovered that the growth of the digital camera industry posed a threat to their existence. This is why every business needs a risk management strategy in place, but not just any strategy. Once you identify the risks that you face, the next step is to analyze them.

Risk 101

Do NOT Resolve Project Risks for Good Career Growth

MPUG

Having been a project manager for all of my working life and now a teacher of project management skills for more than a decade, I always tell my students to follow sound project management principles and to manage risks proactively. Identify risks.

All Project Data is at Risk

Brad Egeland

Someone else is taking care of it and, as project managers, we don’t need to worry about it on our individual projects…correct? In these scenarios, the consultant is working with client data and managing the team of company employees handling the data.

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.

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"Yes is where the risk is"

Musings on Project Management

General Michael Hayden, now retired, writes in his book* about his years as Director, NSA and Director, CIA that in government -- and likely all of elsewhere: "Yes is where the risk is". In fact, it seems that in government particularly that the "staffers" main job is to protect their "principals" by saying No. "No" leadership Quotations Risk Management

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Project managers, just say no!

Ron Rosenhead

But use what is in project management system and your people skills. Over the last 18 months I have seen more and more pressure placed on project managers. I have seen some pretty stressed project managers and they have expressed it to me in many ways; some direct others not so.

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Managing in the Presence of Risk

Herding Cats

Information technology project risk often comes from non-technical aspects of the initiative. Assessing the impact of technology on people, management systems and other initiatives is essential to assure project success. "We Is this effort in search of a clear project leader/manager?

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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.

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Future-proofing Your Business with Cyber-Security & Risk Management

Brad Egeland

Here is how to future proof your business against ever-evolving cyber threats: Establish an Effective Risk Management Plan ​ A risk management plan helps to improve the visibility you have into your threat landscape. It points out the number of risks that you face, the best ways to cater to them, and whether the risk treatment options you chose are working. Why Risk Assessment Matters 1.

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How to Develop a Strong Governance Process with These 6 Tips ?

Project-Management.pm

It also means successfully identified the stakeholders and risks and the project are already in the plan, ready for implementation. The two governance processes should be implemented constantly to keep track of the scope creeps, risks , opportunities, and also safeguard the following resources from running out. To stay within deadline means having a governance process that everyone will adhere to. This part must be decided by you and your senior managers.

Accountability on a Agile Software Development in the Presence of Governance

Herding Cats

So for projects that spend other people's money in the presence of uncertainty - Governance is a means to establish those shared principles. Governance is about Decision Rights. You don't need governance, a Product Roadmap, and Release Plan.

A Real-World Success Story: New Zealand Government Improves Project Delivery

Planview

Meeting the demands of ever-changing priorities within a government can lead to inconsistent processes, departments with limited visibility into what is being worked on, and no ability to monitor investments. The New Zealand Government Case Study.

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 374

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 132

Project Failure – Why it Happens

Online PM Courses

It certainly is, and all you need to do is follow all the principles of good Project Management, including foreseeing and acting on all threats. These articles include: How to get Better Project Management Results. Seven Vital Project Management Priorities. Project Management.

2018 197

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.

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Is Your Strategic Project at Risk Due to Poor Implementation of Proven Project Management Practices?

Strategy Execution | PMO Perspectives

Although 93% of organisations report that they use standardised project management practices , only 23% say that these practices are used throughout the organisation. When standardised project management practices aren’t used, it should come as no surprise that projects are failing.

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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.

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The 7 Habits of Successful Project Managers

ProjectManager.com

But what habits apply specifically to successful project managers? So, habits amplify how effective you can be and, therefore, how successful your project management practices are. So, get into the habit of thinking in terms of risk. Constantly working their risk register.

2018 425

Get the ‘Right’ Project Controls & Enterprise Programme Management You Want

Arras People

Project management consultancy Dada Enterprises has released a copy of the webinar it presented on designing the ‘right’ Project Controls Solutions for an organisation. The P3M3 maturity model sub-models are: Portfolio Management (PfM3). Programme Management (PgM3).

Securing The Houses of Parliament for Future Generations

Arras People

This article was written after Project Challenge in October where David Hemming, Deputy Managing Director, Strategic Estates, UK Parliament gave an opening keynote presentation. Project Management PM Governing Bodies / Organisations government projects project plan

2018 217

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).

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