Rebel’s Guide to PM

FEBRUARY 28, 2022

Risk management is a great example. Here’s how project managers can help their teams manage risk effectively, so that everyone benefits from effective risk management. Here’s how project managers can help their teams manage risk effectively, so that everyone benefits from effective risk management.

Risk Management 276

Risk Management Risk Technical Review 2015 276

Project Risk Coach

NOVEMBER 2, 2020

In today's article, I'll test your understanding of risk attitude. We'll also explore different risk attitudes and how they can affect risk evaluations. Project managers should seek to understand the risk attitudes of key stakeholders because: A. Negative risk attitudes can reduce a project team's motivation.

Risk 334

Risk PMI Risk Management Defining 334

Project Risk Coach

SEPTEMBER 28, 2022

A project manager makes decisions based on their risk perspective. Misunderstanding of the stakeholders’ risk appetite. In this article, let's explore the what, why, and how of project risk appetite. What is Risk Appetite? First, risk appetite is the degree of uncertainty. Let’s look at this definition closer.

Risk 195

Risk Underperforming Technical Team Risk Management Defining 195

Kiron Bondale

FEBRUARY 27, 2022

While presenting the project risk management knowledge area from the PMBOK framework, when I indicated that while in our daily conversations risks are usually threats there can be positive risks as well, I was met with some disbelief and skepticism. A positive risk is not something recognized outside of the PM space.

Risk 334

Risk Risk Management PMI Construction 334

Rebel’s Guide to PM

MAY 28, 2018

A Project Steering Group is the oversight committee of a project. All projects should have one, but the make up of the group depends on your project. It’s generally acknowledged that having strong leadership is important for project success, so getting your Project Steering Group set up as soon as you can is a good start.

Governance 232

Governance Government Finance Risk Management 232

Project Risk Coach

FEBRUARY 14, 2022

The best project managers were the ones who had a habit of identifying and managing risks. Let's look at three ways you can improve your risk identification and reduce major misses. Wise project managers know that there are unknown risks lurking in every corner. Checklists make risk identification much easier.

Risk 221

Risk Risk Management Initiating Planning 221

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

APRIL 22, 2019

One of the most common questions I get when speaking to groups is “How do you deliver a difficult message to/push back on senior leaders – particularly the difficult ones?” Credit : gorodenkoff | iStockphoto One of my favorite suggestions for this unenviable predicament is using risk analysis.

Risk Management 333

Risk Management Risk Planning 333

Project Risk Coach

JUNE 20, 2022

In this article, let's look at each principle and why each one matters with respect to managing risks. Optimize Risk Responses 11. For example, one of the PMBOK® principles is to optimize risk responses. Risk Management Implications What happens when the project environment is not conducive to collaboration?

Risk Management 195

Risk Management Risk Technical Review Underperforming Technical Team 195

LiquidPlanner

MAY 24, 2023

That’s why effective project management should go beyond theory, and expand to include risk factors – both internal and external. A practical project risk management strategy accounts for team member miscommunications and mistakes, scope creep and shifting client expectations, and any technical difficulties along the way.

Risk Management 158

Risk Management Risk Technical Review Budget 158

Project Risk Coach

JANUARY 14, 2019

Project managers constantly think about risks, both threats and opportunities. Let’s consider a simple but powerful tool to capture and manage your risks—the Risk Register. What to Include in a Risk Register. Consider using this syntax: Cause -> Risk -> Impact. ” Risk Owner. Risk Score.

Risk 342

Risk Risk Management Technical Review Information Technology 342

Rebel’s Guide to PM

APRIL 22, 2019

Risk management is one of the core knowledge areas for project managers. You’ve identified and assessed your project risks—both threats and opportunities. Now, you are planning your risk responses with your risk owners. A risk response is the way you intend to address the risk. Harry Hall.

Risk 391

Risk Healthcare Risk Management Executing 391

Project Risk Coach

FEBRUARY 14, 2022

The best project managers were the ones who had a habit of identifying and managing risks. Let's look at three ways you can improve your risk identification and reduce major misses. Wise project managers know that there are unknown risks lurking in every corner. Checklists make risk identification much easier.

Risk 195

Risk Risk Management Initiating Planning 195

Kiron Bondale

JUNE 12, 2022

I’ve often referenced Dr. David Hillson’s definition of risk as “ uncertainty that matters ” in my articles about project risk management. If stakeholders don’t feel that the information presented to them about a risk matters to them, they will ignore it.

Risk 207

Risk Risk Management PMI Leadership 207

Project Risk Coach

NOVEMBER 28, 2017

He thinks his project managers have identified most of their risks, but he’s not sure where to focus his attention. What areas have the highest risk exposure? Let’s look at how to actually define risk categories and how they can help Tom (and you). What are Risk Categories? Why Use Risk Categories?

Defining 292

Defining Risk Risk Management PMO 292

Project Risk Coach

JULY 9, 2018

I conduct online surveys to get feedback from project managers on risk management topics. Here’s one of the questions, “What risk management techniques would you like to know more about?” ” Survey participants often respond with: Nominal Group Technique (NGT). What is the Nominal Group Technique?

Risk 186

Risk Risk Management Planning 186

Rebel’s Guide to PM

OCTOBER 14, 2019

Risk management is a great example. Here’s how project managers can help their teams manage risk effectively, so that everyone benefits from effective risk management. Here’s how project managers can help their teams manage risk effectively, so that everyone benefits from effective risk management.

Risk Management 247

Risk Management Risk Technical Review 2015 247

Project Risk Coach

JANUARY 16, 2020

In case you missed some of my blog posts, I'm sharing my most popular project risk management posts of 2019. So, just how many of you came to the Project Risk Coach website in 2019? Risks derail our projects. Risks derail our projects. I hope my blog has boosted your knowledge and application. Project Managers.

2019 221

2019 Risk Management Risk PMI 221

Project Risk Coach

MARCH 12, 2018

Discover how to ensure risk ownership at the right level of your organization The Project Management Institute added a new risk strategy in the Sixth Edition of the Project Management Body of Knowledge. Let's take a look at what it means to escalate risks and how to escalate risks, both threats and opportunities.

Risk 281

Risk Risk Management Defining Controlling 281

Musings on Project Management

APRIL 8, 2019

Risk un-management? Perhaps the largest task within risk management, and requiring the greatest judgment, is "risk un-management" On any project there are going to be dozens, perhaps hundreds, of unmanaged risks. These comprise the population to be un-managed.

Risk Management 220

Risk Management Risk 220

Velociteach

SEPTEMBER 11, 2023

We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Thoughtlessly making assumptions or ignoring risks can lead to critical problems.

Risk Management 79

Risk Management Risk Cadence 2023 79

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

The IIL Blog

SEPTEMBER 13, 2023

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Our risks were identified, but a response strategy was never created.

Risk Management 88

Risk Management Risk Cadence 2016 88

MPUG

APRIL 26, 2021

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.

Governance 122

Governance Government Risk Management Risk 122

Kiron Bondale

JUNE 14, 2020

I’ll admit to being hyperbolic with the title of this article, but a question posed today in one of the project management LinkedIn discussion groups managed to sidetrack what I was intending to write about this week. The author asked what needs to be considered when planning risk responses.

Risk 207

Risk Risk Management Influencer Governance 207

MPUG

NOVEMBER 7, 2022

After that experience, I no longer had a difficulty in understanding the difference between project management process groups and project phases. In my two decades of experience, I have noticed that many PMs find it difficult to understand the concept of process groups. Five Process Groups of Project Management. Process Group.

Project Life Cycle 103

Project Life Cycle Process Construction Closing 103

ProjectManager.com

JANUARY 21, 2019

It’s big business that’s involved in almost every sector of the economy, and therefore carries some major risks. Jennifer Bridges, PMP, shows you the importance of IT risk management in this short tutorial video. In Review – IT Risk Management Strategies and Best Practices. What is IT Risk Management?

Risk Management 252

Risk Management Risk Technical Review Software Review 252

Project Risk Coach

JUNE 26, 2017

Risk management is such an effective vehicle for climbing the tallest mountain or swimming the deepest sea. However, the risk management pitfalls are many, rendering us completely ineffective in our attempt to fulfill our dreams. Thou shalt not make risk management complicated. Be pragmatic—identify the significant risks.

Risk Management 246

Risk Management Risk Monitoring Planning 246

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 80

Risk Management Risk Technical Review Agile 80

Scrum.org

DECEMBER 8, 2023

All technical debt is a risk to the product and to your business. All technical debt is risk to the product and to your business. There is no asset securing that risk, no insurance for it. Technical debt is 100% risk. So why is so much of software opaque to the business? Technical debt is like an unhedged fund!

Underperforming Technical Team 181

Underperforming Technical Team Risk 2012 Cadence 181

MPUG

SEPTEMBER 4, 2023

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Do agile projects have risks associated with them? And do we want to let those risks run wild without any effort to contain them? So, yes, of course, we need risk management in agile projects.

Risk Management 98

Risk Management Risk Agile Technical Review 98

Project Risk Coach

FEBRUARY 19, 2018

I fear that many project managers live by the letter of the law and may fail to gain the true benefits of risk management. These individuals are too concerned with checking boxes and making the risk management processes overly complex. Thou shalt not make risk management complicated. Be pragmatic—identify the significant risks.

Risk Management 207

Risk Management Risk Monitoring Planning 207

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 30, 2017

While I’m a fan of planning, let’s use some common sense and right-size our risk management plans. A risk management plan for the Mercedes-Benz Stadium will be much larger than a plan for a Southern Living Idea House. Why is that some project managers have over or undersized risk management plans? Risk categories.

Risk Management 199

Risk Management Risk Planning Underperforming Technical Team 199

Project Risk Coach

OCTOBER 30, 2017

While I’m a fan of planning, let’s use some common sense and right-size our risk management plans. A risk management plan for the Mercedes-Benz Stadium will be much larger than a plan for a Southern Living Idea House. Why is that some project managers have over or undersized risk management plans? Risk categories.

Risk Management 191

Risk Management Risk Planning Underperforming Technical Team 191

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

Epicflow Blog

JUNE 10, 2022

Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?

Aerospace 98

Aerospace Risk Management Engineering Risk 98