article thumbnail

IT Risk Management Strategies and Best Practices

ProjectManager.com

Information technology (IT) is no longer a tucked away department with little impact on day-to-day affairs. 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.

article thumbnail

An Introduction to Supply Chain Management (SCM)

ProjectManager.com

Like anything else, SCM didn’t show up fully formed but was influenced by other disciplines. It is made up of bits and pieces of industrial engineering, systems engineering, logistics management , operations management, procurement , information technology and marketing. This increases the value and reduces risk.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management Papers. “A 3, March 2002.

article thumbnail

Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Imagine navigating project risks confidently with efficient resource utilization, managing projects for maximum efficiency, and promoting a culture of transparency and accountability within your project team and organization. However, it's not merely about mitigating risks; it's about transforming them into opportunities for value creation.

article thumbnail

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 Management is essential for development and production programs.

article thumbnail

How to Become a Project Manager in 2022: 3 Ways to Get A Job (with examples)

Rebel’s Guide to PM

You may be able to manage small projects on your own in this role, especially if they are initiatives the business does regularly, such as updating a system, where there is a defined project plan and the work is low risk. Find junior project manager positions on Jooble’s website. Watch out for…. Being a general dogsbody.

article thumbnail

How to Facilitate the Resolution of Conflicting Ideas

Project Risk Coach

In the program example, stakeholders might include the project sponsor, the project team, the project manager, the board, program vendors, information technology, and human resources, to name a few. Who can influence the change in a positive or negative manner? Analyze Stakeholders.