Kiron Bondale

JUNE 14, 2020

The author asked what needs to be considered when planning risk responses. The majority of the answers offered focused on characteristics of the individual risks themselves such as their probability, impact, ability to be responded to and so on.

Risk 207

Risk Risk Management Influencer Governance 207

Project Risk Coach

OCTOBER 9, 2017

Perhaps these individuals are influencing you through a blog, online videos, online courses, or books. Grab a cup of coffee as I share seven influencers that I follow. His comments are professional, informative, and spot on. His perspective on project and risk management is balanced and practical. Susanne Madsen.

Influencer 150

Influencer 2006 PMO PMI 150

ProjectManager.com

JANUARY 21, 2019

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.

Risk Management 255

Risk Management Risk Technical Review Software Review 255

Rebel’s Guide to PM

NOVEMBER 16, 2023

For project professionals, we recommend exploring AI tools by first understanding what project tasks and deliverables can be automated easily and without risk. Examples include: Generating reports Analyzing documents with multiple types of data Summarizing meeting notes Organizing information into company templates Performing calculations.

ChatGPT 471

ChatGPT Generative AI Artificial Inteligence PMI 471

Leading Answers

JANUARY 16, 2021

This article explains what a risk-adjusted backlog is, why they are useful, how to create one and how teams work with them. What is a Risk-Adjusted Backlog? A risk-adjusted backlog is a backlog that contains activities relating to managing risk in addition to the usual features associated with delivering value.

Risk 145

Risk Underperforming Technical Team 2006 2012 145

Project Risk Coach

FEBRUARY 7, 2022

Third, some PMO managers lack authority and relational influence in the organization. Engage in Strategic Risk Management Strategic risk management is a process for identifying, analyzing, and managing risks most critical to the achievement of your organization's goals. How will the PMO engage with the senior leaders?

PMO 457

PMO Underperforming Technical Team Risk Management Energy 457

Rebel’s Guide to PM

FEBRUARY 13, 2023

Reduce and Uncover Risk 3. I have a whole pack of information on stakeholder engagement on projects so for now, let’s focus on what’s commonly taught in project management courses, and look at stakeholder management. Your stakeholders can also help you identify new risks. What is stakeholder management?

Risk Management 438

Risk Management Finance Software Review Risk 438

Proofhub

JUNE 20, 2023

Small Business Risk Management If you’re thinking of starting a new business, learning how to start a t-shirt business or a marketing business is not going to be enough. You can perfect your business plan and have an up-to-date marketing strategy, yet there could be an event or situation that may loom on your business as an uncalled risk.

Risk Management 78

Risk Management Risk Software Review Governance 78

Rebel’s Guide to PM

MAY 9, 2018

It’s an edited extract from his book Risk Happens ! When we fall prey to Group Think, decisions tend to be based on “what we all know” – that is, members are inhibited from challenging the consensus and relevant information, ideas and challenges are not fully explored. Group Think Introduces Risk. Dr Mike Clayton.

Risk Management 254

Risk Management Risk Underperforming Technical Team 2018 254

Kiron Bondale

MAY 26, 2019

Poor risk management. Regardless of the cause, understanding why the team is over-forecasting is an important step as that information can then be used to create a sense of urgency regarding this behavior. It would be very easy to write off such teams as undisciplined or immature but such judgments won’t help the situation.

Influencer 197

Influencer Cadence Agile Estimate 197

ProjectManager.com

MARCH 9, 2022

Stakeholders are very important because they can have a positive or negative influence on the project with their decisions. If you want more information on this, you can dive into stakeholder theory and shareholder theory , two similar yet different approaches. Pro tip: The terms stakeholder and shareholder are commonly confused.

Software Review 483

Software Review Influencer Governance Government 483

Project Risk Coach

APRIL 5, 2021

Project Risk Management Plan Define how you will identify, evaluate, manage, and control risks. Project Stakeholder Management Plan Define how you will identify and record stakeholders, interest, needs, power, and influence. appeared first on Project Risk Coach. schedule baseline) Subsidiary plans (e.g.,

Planning 379

Planning Project Life Cycle Defining Controlling 379

Scrum.org

APRIL 10, 2023

The Stakeholder Persona Canvas includes four parts: General Information Goals and Purpose Challenges and pain points Information Stakeholder Need or Provide Very similar to Empathy Mapping, it can help us stakeholders better. These are assumptions only and we might not have all the information when you first use these techniques.

Influencer 210

Influencer Governance Government Consulting 210

Rebel’s Guide to PM

SEPTEMBER 26, 2023

One hour of reading equals one PDU , so it’s a great way of keeping up your informal learning. Identifying and Managing Project Risk (4 th Ed) Author: Tom Kendrick. Identifying and Managing Project Risk is a big read at over 300 pages. Making Risk Management Work (2 nd Ed) Authors: Ruth Murray-Webster and Penny Pullan.

PMI 348

PMI Certification Sustainability Technical Review 348

ProjectManager.com

APRIL 22, 2021

A stakeholder map is a visual, four-quadrant influence-interest matrix used to identify stakeholders and categorize them in terms of their influence and interest in the project. It helps to mitigate risk and discover the stakeholder’s real goals for the project. Try it for yourself today! What Is a Stakeholder Map?

Influencer 343

Influencer Closing Monitoring Executing 343

Wrike

SEPTEMBER 29, 2023

Its Impact on Professional Growth Effective decision making not only influences our personal lives but also significantly impacts our professional growth. A well-informed decision can set us on a path towards success, while hasty or ill-advised choices could lead to setbacks or missed opportunities.

Influencer 36

Influencer Risk Management Risk Controlling 36

Rebel’s Guide to PM

DECEMBER 14, 2022

This type of decision making is often used when there is a large amount of information that needs to be assimilated, compiled, or assessed. As decision making models go, it’s a good choice for complex decisions that require a lot of information to be processed. What actions are we going to take to influence organizational change?

Governance 337

Governance Government Risk Management Influencer 337

Scrum.org

SEPTEMBER 6, 2023

Effective Communication: Ensure transparent and constant communication to keep everyone informed and aligned. Risk Assessment and Mitigation: Identify potential risks and plan strategies to mitigate them effectively. The Influencer Stance Influence shapes product strategy and direction.

Influencer 178

Influencer 2023 Innovation Leadership 178

Rebel’s Guide to PM

DECEMBER 18, 2022

The framing effect is a cognitive bias that can lead us to make different decisions based on how information is presented to us. That affects how people make choices – and we can influence those choices by how we frame a statement. What are the risks and rewards of each option? Which would you choose? Choose the best option.

Influencer 368

Influencer Defining Estimate Risk Management 368

Techno-PM

AUGUST 7, 2023

Introduction A risk report is a formal document that gives a systematic and complete summary of the potential risks that an organization's operations, initiatives, strategies, or external environment may face. Methodology Risk report follows a systematic methodology to provide an accurate and comprehensive analysis of potential risks.

Risk 36

Risk Risk Management Monitoring Technical Review 36

Rebel’s Guide to PM

FEBRUARY 7, 2024

Who are the key influencers for Y? Understanding the workplace culture and the dynamics of soft power within the organization can hugely increase your influence, so use your mentor for the insider information! Where can I find the organizational/hierarchy charts for Y? I’m having trouble getting a response from X.

Cadence 313

Cadence Logistics Certification Influencer 313

ProjectManager.com

OCTOBER 14, 2021

You need to be aware of the project environment and prepare for its influence on your project throughout the project management life cycle. The project manager must understand the project environment and proactively plan to manage the factors that might influence the project. It’s sort of like managing risk in that way.

Closing 329

Closing Initiating Influencer Software Review 329

Scrum.org

MAY 4, 2023

Before we build a communication strategy, we need to understand What information do stakeholders need from us? What information do we need from them? The answer to this question will be driven by the information stakeholders need from us as well as what is the intended outcome are we looking for. If not then what is the plan?

Influencer 198

Influencer Software Review Cadence SCRUM 198

Rebel’s Guide to PM

AUGUST 3, 2021

This is a measure of how much influence they have over actions and outcomes. Together, an assessment of these three elements can tell you how engaged a stakeholder is or will be in the work and how they could influence the project. This group has high power and also high legitimacy to influence the project.

Influencer 471

Influencer Governance Government Defining 471

Project Risk Coach

AUGUST 26, 2019

There may be inherent risks when we make project assumptions. Is the flipper a magician who is capable of influencing how the coin lands? appeared first on Project Risk Coach. We assume certain things to be true when in fact, they may not be. This can be costly. An Example of Wrong Assumptions So, how does this happen?

Influencer 307

Influencer Risk Executing Planning 307

Rebel’s Guide to PM

FEBRUARY 15, 2021

Note: At the time of writing, the PMBOK ® Guide – 7 th Edition has not yet been published, so this information is taken from various sources of publicly available information from PMI webinars, articles, and the Project Management Professional ( PMP )® Exam Content Outline. I’ll update the article when more information is available.

Technical Review 466

Technical Review PMI Influencer Leadership 466

Planview

JULY 29, 2021

Risk management is one of the core project knowledge areas, an essential and ongoing process which can be described as the methodical process of identification, analysis and response to project risks involving several major phases which are similar to all projects. The Risk Analysis Process in Project Management.

Risk Management 78

Risk Management Risk Process Influencer 78

Rebel’s Guide to PM

JUNE 16, 2021

Soft skills include: Communication Leadership Self-awareness Confidence Resilience Teamwork Business acumen Influencing and negotiating Networking Stakeholder engagement. That plan outlines the type and frequency of project communication, and any actions expected from various team members and stakeholders as information is distributed.

Technical Review 353

Technical Review Underperforming Technical Team Influencer Risk Management 353

Rebel’s Guide to PM

JULY 22, 2023

Gather information – determine what information is available to help make an effective decision. Evaluate and select option – review available information, potential path forward, and pros / cons of each to determine the preferred option based on agreed criteria. Tip: You need all the info in order to make an informed decision.

Software Review 303

Software Review Monitoring Risk Management Governance 303

Inloox

MAY 30, 2022

External influences. Lack of risk management. External influences Even in the case of almost perfectly planned projects, external circumstances can require adjustments in budgets and schedules. Despite a binding offer from the respective contractor, a certain risk remains for the state here as well.

Infrastructure 235

Infrastructure Construction Software Review 2014 235

Wrike

OCTOBER 1, 2023

By utilizing a decision matrix, we can approach decision-making in a more structured and objective manner, resulting in more informed choices that align with our goals and values. This structured format makes it easier to assess each alternative’s performance against the desired criteria and ultimately make a well-informed decision.

Technical Review 36

Technical Review Influencer Energy Defining 36

NimbleWork

MARCH 27, 2024

It also requires a structured mechanism for collaboration and information sharing, a guiding framework that maps interdependencies between individuals and teams, and the tools that can enable efficient collaboration. Consider culture as an informal, invisible but highly influential guiding operational framework at the organization.

Agile 119

Agile Influencer Leadership Governance 119

Scrum.org

APRIL 23, 2024

It moves beyond the anecdotal, providing managers with the tools to analyze and apply information systematically. This minimizes risks and enhances the probability of achieving desired outcomes. This shift not only enhances decision quality but also boosts organizational agility and resilience.

Innovation 148

Innovation Leadership 2024 Retail 148

Project Pulse Journal

APRIL 22, 2024

A clear, actionable framework that simplifies stakeholder prioritization and analysis and enhances your ability to engage effectively with each stakeholder according to their influence and interest would help address this dilemma. Keeping relevant stakeholders satisfied helps prevent project disruption and effectively manage uncertainties.

Technical Review 52

Technical Review Software Review Influencer Healthcare 52

Rebel’s Guide to PM

FEBRUARY 2, 2024

You won’t know if the risk log is sound and the resource planning sensible until you investigate. You can leave the detailed stuff until your review is finished but having something at high level will eventually inform your detailed project planning for the next 6 months. By ‘health’ I mean what kind of a state the project is in.

PMO 303

PMO Governance Government Budget 303

Techno-PM

JUNE 5, 2023

A risk matrix is a tool that is used to assess and evaluate the potential risks and their impact on a project or an organization. It is a visual representation that combines the likelihood and severity of risk to determine its level of priority and significance. What is a risk matrix? What is a risk matrix?

Risk 36

Risk Software Review Risk Management Healthcare 36

Rebel’s Guide to PM

JULY 19, 2021

Gather information – determine what information is available to help make an effective decision. Evaluate and select option – review available information, potential path forward, and pros / cons of each to determine the preferred option based on agreed criteria. Step 2: Gather Information. Don’t skimp on this step!

Process 437

Process Software Review Monitoring Risk Management 437