Seven Project Management Influencers to Watch

Project Risk Coach

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 perspective on project and risk management is balanced and practical.

Six Essential Requirements of an Influencing Strategy

Project Risk Coach

This is a guest post from Colin Gautrey, an author, trainer and executive coach who has specialized in the field of power and influence for over ten years. He is the creator of the Stakeholder Influencing Masterclass. So, does your influencing strategy address all of these adequately?

Seven Project Management Influencers to Watch

Project Risk Coach

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 perspective on project and risk management is balanced and practical.

IT Risk Management Strategies and Best Practices

ProjectManager.com

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.

2019 277

30 Quick Risk Evaluation Tips

Project Risk Coach

” In this article, I share 30 risk evaluation tips to help you tap into your genius. One of the top reasons for evaluating risks is to determine which risks are most significant. Always perform the qualitative risk assessment. time-to-impact) of your risks?

Risk 209

What Project Managers Should Know About Monitoring Project Risks

Project Risk Coach

Many project managers do a great job of identifying risks. Some even evaluate risks and develop response plans. However, project managers get busy as their projects progress and fail to monitor their risks, resulting in challenged or failed projects. New risks arise over time.

How to Be a Powerful Risk Management Evangelist

Project Risk Coach

Mark Langley, President and CEO of the Project Management Institute (PMI), penned a great article entitled Using Project Management to Reduce Risk. Indeed, “high-performing companies manage risk in conjunction with projects and programs far more often than low performers do.”

Risk 260

Cause & Effect and Product Risk

Tyner Blain

When deciding how to invest in your product, you need to take into account the risks that your investments will not return the outcomes you desire. This plan, even well articulated, has implicit risks which need to be explicit. Some risks we avoid and some we embrace.

2019 88

Focus on individual impacts when communicating risks!

Kiron Bondale

A recent article by Uzma Khan and Daniella Kupor in Harvard Business Review adds support to the argument for keeping things simple when it comes to communicating risks. This biases us against taking positive risks and avoiding negative ones.”

Risk 170

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.

Risk 133

Using SWOT Analysis for Risk Identification and Risk Management

nTask Blog

Gary David Cohn once said, “If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business.”. Project manager or not – professionals on all levels have to interact with researching, identifying, and resolving risks.

Risk 92

5 Ways You May Unintentionally Create Schedule Risks

Project Risk Coach

In this article, let’s look at five causes of schedule risks and ways to avoid or reduce these risks. As we work to develop and compress our schedules, let’s be aware of the common causes of risk. 5 Causes of Schedule Risk.

Risk 195

Risk Identification Workshops: An Overview

Project Health Check

Risk Management is one of the well established fundamentals of Project Management. Whatever system or tool you use, the basics of rating risks with some degree of severity and impact is well understood, and then doing something to stop it (because they usually are threats). But I have a challenge for you: look back over your last Project and consider - how many of the issues that occurred along the way were from impacted Risks that were identified on your Risk Log?

Risk 120

5 Ways You May Unintentionally Create Schedule Risks

Project Risk Coach

The Problems with Crashing, Fast Tracking, and other Schedule Compression Techniques How do project managers unintentionally create schedule risks? As we work to develop and compress our schedules, let’s be aware of the common causes of risk. 5 Causes of Schedule Risk.

2016 269

6 Easy Ways to Manage Group Think and Risk at Work

Girl's Guide to PM

It’s an edited extract from his book Risk Happens ! Group Think Introduces Risk. Therefore, with dissent discouraged, groups tend to endorse higher risk decisions than individuals would. A bright cover for Mike’s own book, Risk Happens!

Risk 268

Ask a PM: How to Manage Dependencies and Assess Risks

LiquidPlanner

How do you recommend managing dependencies that put the project at risk? You can use the same types of dependencies on your schedule to record things that might influence the project from the outside. It’s the dependencies that are out of the project and fall into the Company category that have the greatest possibility of presenting a risk to your work. These are things that are not in your control and that you are unable to fully influence yourself.

Risk 87

What Is Risk?

Herding Cats

Risk is the effect of uncertainty of objectives. In the context of risk management, uncertainty exists whenever the knowledge or understanding of an event, consequence, or likelihood is inadequate or incomplete ? ISO 31000:2009, ISO 17666:2016 and ISO 11231:2010 Risk is Uncertainty that Matters. Risk can be the potential consequence of a specific outcome that affects the system's ability to meet cost, schedule, and/or technical objectives. IT Risk Management.

Risk 35

Managing Uncertainty, Risk, Threat, and Opportunity

Herding Cats

I received a book over the Holidays - Managing Project Risk and Uncertainty: A Constructively Simple Approach to Decision Making , Chris Chapman and Stephen Ward. This is a seminal work on risk management in the presence of uncertainty. NoEstimates Books Estimating Risk

Risk 53

Is your tail heavy?

Musings on Project Management

It might be if you are a risk with some "memory" of the immediate past. Risk with memory? The immediate past influences the immediate future The probability of the arrival of an outcome is not time-stationary: as time passes, the probabilities change The distribution of the arrival. Risk Management Statistics TestingIs your tail heavy' is the question raised at 'critical uncertainties' in a recent post.

2018 170

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. Risk management structure.

Risk 48

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Research clearly shows the root causes of most software projects cost and schedule overruns and technical shortfalls comes from poor risk management. Now To Risk Management. Risk is the effect of uncertainty of objectives. occurrence, or recurrence of the cause of the risk.

2007 42

The Naive Notion that Agile Mitigates Risk

Herding Cats

The post Top 5 Ways Agile Mitigates Risk is one of those posts that's not wrong in what it says at the detail level - more or less, but is not right in principle. Agile Mitigates Risk - is not correct. Agile provides rapid identification of risk. What is risk management?

Risk 46

Should You Track and Report on Project Risks?

Brightwork

Tracking and reporting on risk is an essential project management activity, which you ignore at your peril! Tracking risks influences how you implement or change upcoming tasks. Check out this video, taken from our free six-part risk management training series, for more details. To monitor any project metrics associated with a risk that might trigger a contingency plan.

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). Control Risk.

Risk 46

Are you feeling mature?

Mike Clayton

Software development, project management, and risk management all have maturity models that set criteria to allow organisations to measure the level of institutionalisation of good practices. … Continue reading → Stakeholder Management The Influence Agenda maturity model stakeholder engagement management

2015 48

To avoid a dire fate, don’t forget to iterate!

Kiron Bondale

But let’s think about risk and stakeholder identification and analysis. The risk of ignoring them is significant. We might also be missing changes in the profile of existing risks. Tagged: improving project management , Risk management , Stakeholder analysis.

2017 176

The Brain and the Decision

Musings on Project Management

Since at least the 1970s we've all been acutely aware of the vagaries of the influence of the brain processes in concert with environment and context on decision making. decision human factors risk decisionFair enough For those that are not so acutely aware, begin with the work of Daniel Kahneman and Amos Tversky -- their stuff is the classic treatment Now comes more on the same line of thought -- no pun intended No less an.

2016 150

What to Do When a Bad Moon is Arising on Your Project

Project Risk Coach

The Project Management Body of Knowledge (PMBOK) defines risk as, “An uncertain event or condition that, if occurs, has a positive or negative effect on one or more project objectives.”. One of the most dangerous threats may be the unknown risks. 4=Control risk control

2016 254

Are your project management success rates improving?

Ron Rosenhead

Risk management strategies. They use their position and authority to clear roadblocks, make quick and effective decisions, and influence executive leadership. project management governance governance project management project risks project sponsor

2017 198

How good is project sponsorship in your company?

Ron Rosenhead

No matter what risk scoring process you use I would say this is in the red zone. develop your influencing skills – sometime your sponsor simply has no interest or no time. Use your new found skills to try and influence them or….

2016 245

So what’s in your company’s project management dictionary?

Kiron Bondale

effort, cost) to accompany the qualitative ones, the risk of significant changes being managed in an undisciplined manner increases as does the likelihood of financial and resource capacity erosion to stealth work. Issue or risk severity and probability.

2016 179

Project Crisis… Are you Ready?

Online PM Courses

to… notice outside influences. Leading Indicators of Project Risk. Here is a table I compiled for my book Risk Happens! Leading Indicators of Project Risk. Schedule Risk - Minor milestones being missed. Budget Risk - Rate-of-spend variances against budget.

2018 97

Long lived teams need to emulate The Borg

Kiron Bondale

Anyone who disagrees with my inclusion of the latter has never managed a project where the quality of their relationship with people managers was a key influencer over the calibre of the team members they were assigned!

2016 181

Drive for show…

Kiron Bondale

Risk management. Vigilance in ensuring that risk information & responses accurately reflect current levels of uncertainty doesn’t seem like a particularly thrilling activity. Interest, influence and impact don’t remain static.

2016 156

The Value of Project Management Skills… Transferability

Online PM Courses

And this is what the discipline of risk management will teach you. In risk management, you learn to anticipate a range of possible events (scenarios) and plan for them. But fundamentally, risk management starts with systematically anticipating what could happen in the future.

2018 86

Welcome to the Smart Stakeholder Management Series

Project Risk Coach

Occasionally, I write a series of articles on a common theme, as I did on The Principles of Project Risk Management , earlier this year. Colin Gautrey from Learn to Influence and I will be contributing to this series. Colin Gautrey on Influence (YouTube Video – Colin).

2016 238

Quote of the Day

Herding Cats

This is a significant change in emphasis compared with most project risk management processes" - Project Risk Management - Processes, Techniques and Insights , Second Edition, Chris Chapman and Stephen Ward. All project risk comes from Uncertainty. A Good Definition of Risk .

Acting Like an Adult in the Presence of Uncertainty

Herding Cats

Risk Management is how Adults Manage Projects - Tim Lister. Both these drivers of risk will impact the probability of success of projects. The alternatives can involve a large number of uncertainties about the factors that influence the ultimate outcomes. NoEstimates Risk

2016 72

RAID in Project Management

Girl's Guide to PM

There’s also a video interview with risk expert Keith Rickman – scroll down for that. In project management, RAID stands for: Risks. Risks: These are things that might affect your project if they happen. That means assumptions can also be risks!).

2018 348

A Balanced View of the Competing Demands through the Lens of Evaluation

The IIL Blog

In project management, keeping a balanced view of the competing demands (cost, time, scope, quality, risk and resources), requires evaluation to be at the center of the model. Risk = Uncertainties that can be positive or negative. By Dr. Willis H. Thomas, PMP, CPT .