article thumbnail

Project Monitoring and Control: Tools & Steps

ProjectManager.com

All are important, especially project monitoring. Project monitoring and control is how a project manager ensures the plan they’re implementing with the project team goes off without a hitch. Project controlling involves a lot of steps to thoroughly monitor the project schedule, resources and costs.

article thumbnail

PMI-RMP: Monitor Risks

Project Risk Coach

The Project Management Body of Knowledge (PMBOK) 6th Edition defines Monitor Risks as “the process of monitoring the implementation of agreed-upon risk response plans, tracking identified risks, identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project.”

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 Mitigation in Project Management

ProjectManager.com

Risk is something every leader knows well. We all need to become comfortable with some risks. We are never going to eliminate all risks. What Is Risk Mitigation? It involves a process that we’ll explore in a moment but basically addresses the top risks in order to fully protect the project. Learn more.

article thumbnail

What Is Positive Risk on Projects?

ProjectManager.com

Project risk. Just the word risk can evoke the same kind of primal, fight-or-flight fear in project managers. But risk shouldn’t be feared, it’s just another part of the project to manage. All projects have some element of risk while other projects are inherently high-risk. (We’re

Risk 341
article thumbnail

Workload Analysis: Steps, Examples & Tools

ProjectManager.com

Then we’ll outline the steps you need to take for workload distribution, list some tools you can use for workload capacity and why it’s important. Being able to see the workload of your team during the execution phase of the project is part of the monitoring and controlling phase. What Is Workload Analysis?

article thumbnail

Enterprise Project Management: Benefits, Challenges & Tools

ProjectManager.com

Enterprise project management (EPM) is an umbrella term that covers the professional practices, processes and tools that are used when managing multiple projects, such as a program or portfolio, at the same time. But teams, tools and materials aren’t unlimited and multiple projects can be vying for the same resources at the same time.

article thumbnail

How to Build a Risk Culture in Your Team

ProjectManager.com

What Is Risk Culture? Risk culture is simply an organization’s employee’s awareness, attitudes and behaviors towards risk and how they’ll manage it. An organization that has a risk culture simply means they’re prepared for identifying, managing and mitigating risks as issues arise in their work.

Risk 369