Risk Response Strategies: Full Roundup

Online PM Courses

Risk response strategies are the basic ways you can handle project risks. They are also also one of the areas of project management practice that the PMI updated in the 6th Edition of its Project Management Body of Knowledge (PMBoK ? ). How many Risk Response Strategies are there?

Risk 90

From The PMI Power Talks [Video]

Girl's Guide to PM

Here’s my video diary of the PMI Power Talks this week (about 4 minutes, safe for work). Hosted by the PMI UK Chapter in London, the Power Talks brought together 4 fantastic speakers for an afternoon of discussion and debate focused on strategy execution.

PMI 195

Risk responses which PMI never taught you!

Kiron Bondale

Risk avoidance is an ideal strategy for responding to severe threats – as Mr. Miyagi would have said “Best way to avoid punch, no be there.” Even though there might be strategies to take the pond out of the picture, they unerringly manage to land their ball in it.

PMI 193

Jon Clay: PMI UK’s New President Explains What’s Next For The Chapter

Girl's Guide to PM

This article, Jon Clay: PMI UK’s New President Explains What’s Next For The Chapter , first appeared on Girl's Guide to PM. Professional organisations often rely on volunteers, and the PMI UK Chapter is no different. Jonathan Clay, PMI UK President.

PMI 110

This Set of Stakeholder Engagement Strategies will Power You up

Online PM Courses

The standard ‘four-box’ approach to deriving stakeholder engagement strategies can easily leave newer project managers believing there are just four basic strategies they can use. In fact, there are many stakeholder engagement strategies you can choose from.

Add to the C-Level

The Lazy Project Manager

Well it starts with strategy formulation which is no longer the annual exercise it used to be – nowadays it is an ongoing iterative activity. And since each strategy gives birth to one or more projects this adds to the portfolio constantly.

2017 155

When Projects turn to a Tower of Babel

The Lazy Project Manager

But since this isn’t always possible, a communication strategy needs to be put into place. Project managers must develop a strategy for providing regular meetings to communicate with certain team members of that time-zone.

2016 348

Business Acumen for Project Managers [Free Checklist]

Girl's Guide to PM

Read the company’s 3 year plan or their strategy document (this might be a section in the annual report). You should be able to talk about the business context and financial context of your project as it sits within the wider operational strategy. PMI Templates

2016 377

Warning Signs Your Sponsor Doesn’t Care About the Project—and How to Change That

The Lazy Project Manager

In ‘Strategies for Project Sponsorship’ the authors offer advice on many types of sponsor with suggestions for ways to work with them, or compensate for their ‘skills’ or ‘interest’ gaps.

2016 296

Business Acumen for Project Managers [Free Checklist]

Girl's Guide to PM

Read the company’s 3 year plan or their strategy document (this might be a section in the annual report). You should be able to talk about the business context and financial context of your project as it sits within the wider operational strategy. PMI Templates

2016 320

How to Build a Robust Project Risk Culture [8 Steps]

Online PM Courses

Taking an evidence-based approach to planning, strategy-development, and policy-making will lead to more robust decisions, with conscious choices around risk profile. A robust risk culture goes beyond having a strong basic risk management process.

Risk 90

The Open Door Policy

The Lazy Project Manager

Most projects develop communication plans in a certain way; that is as a plan that is the documented strategy for getting the right information to the right people at the right time. The importance of being accessible but in a controlled way. I’m all for being there for people, honest I am.

2016 338

What did the Project Managers ever do for us?

The Lazy Project Manager

Reports such as PMI’s Pulse of the Profession™ The High Cost of Low Performance can really help here. Ultimately, high-performing organizations that have strong project management can create efficiencies; improve alignment with organizational strategies …’.

2015 280

Know the value of your change

The Lazy Project Manager

It should be the representation in projects (and programs) of the competitive strategy that will allow business executives to convert their intentions into reality. project management apm change ipma lazy Manager peter taylor PMI pmp project project author project speaker

2017 222

A View from the Top

The Lazy Project Manager

level ceo cfo change cio lazy peter taylor PMI pmo pmp project project manager projects projtec management tailwind

2017 222

Ten Ways to Win Team Commitment on Your Project

Online PM Courses

This is a good strategy for a starting-out project manager. You are unlikely to have the capacity to focus on 10 team commitment strategies at once. This is the right strategy for an experienced project leader. Strategy 1: Meaning and Purpose.

2018 86

Sustain Your PMO: Nine Easy Lessons

The Lazy Project Manager

And there are communities you can connect to – on LinkedIn, through the project management bodies such as PMI and APM, etc. Strategy execution and business transformation. Lesson Six: Connect to Strategy. project speaker leading peter taylor pmi.

Farewell to Black Sabbath

The Lazy Project Manager

But there is much left to be done naturally; raising the standard of executive sponsorship, connecting business strategy to project based activity, making project management a default step on the path to the top, the ‘C level’, of an organisation etc. project management apm black sabbath legacy management Manager peter taylor PMI pmp project project author project speaker

2017 150

The Project Manager’s Guide to Simple Risk Analysis

Online PM Courses

Medium: Revised Strategy needed. PMI Talent Triangle: Technical Project Management Project Risk Management project risk management risk analysisRisk analysis is both easy and hard at the same time. If that sounds confusing, read on, because we’ll make everything clear.

Risk 96

Lazy but looking to be Busy

The Lazy Project Manager

Peter Taylor is a PMO expert who has built and led four global PMOs across several industries, and has advised many other organisations in PMO and PM strategy. “Life? Don’t talk to me about life.”

2017 111

How PMOs can balance time, cost and quality

Moira Alexander

If 88 percent of C-suite executives agree that project alignment with strategy is vital to organizational success, why are only 56 percent of projects meeting strategic objectives? Furthermore, in a report titled “The High Cost of Low Performance,” the Project Management Institute (PMI) states 61 percent of firms acknowledge they often struggle to bridge the gap between strategy and day-to-day implementation.

2015 239

Are your project management success rates improving?

Ron Rosenhead

The latest PMI Pulse of the Profession Report said: “We are encouraged to see in this year’s Pulse of the Profession® that organizations are making progress—significant progress—as they are experiencing more success with implementing strategic initiatives. PMI Pulse of the Profession 2017.

PMI 198

Overcoming Imposter Syndrome: The Video

Girl's Guide to PM

This is the video taken of me giving my Imposter Syndrome presentation at PMI Synergy. You'll also like: Overcoming Imposter Syndrome Overcoming Imposter Syndrome: Ten Strategies to Stop Feeling Like a Fraud at Work is an ebook designed for people who have ever felt as if. Overcoming Imposter Syndrome: Ten Strategies to Stop Feeling Like a Fraud at Work is available from today! Overcoming Imposter Syndrome: Ten Strategies to Stop Feeling.

2016 205

How to Unite Enterprise and Project Risk Management

Project Risk Coach

The Project Management Institute (PMI) defines project management as “the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.”. The selection of risk strategies (e.g., Insurance Company Example – Strategy to Projects Map.

Risk 270

Program Manager Job Description – Plus! Cut & Paste Example

ProjectManager.com

The Project Management Institute (PMI) offers the Program Management Professional (PgMP) certification. While often project managers are expected to have knowledge of business skills to help align the project with the company’s overall strategy, this is less of a concern for program managers.

2018 203

Invested in Sustainability as a PM? You should be!

EarthPM

<> Formulate a strategy once tangible sustainability measures are established. <> <> Incorporate the sustainability strategy into the overall corporate strategy, including a clear business case or proof of value. <>

The PMO Series (3): The Different Project Management Office Types

Inloox

A PMO has various functions and purposes: It’s responsible for establishing and maintaining standardized processes, methods and policies in the organization and to make sure that projects align with the organizational business strategy.

2010 156

Four Top Project Management Tools and Services to Check out in May 2018

Brad Egeland

Every month or so I will be featuring project management, security and business strategy related tools, sites and services that you can check out for free. Are you happy with your current project management software?

2018 241

Golden Threads, and Ruby Slippers

EarthPM

Now, out comes the latest PMI “Pulse of the Profession” report, entitled “Capturing the Value of Project Management Through Decision Making”. First up: look at the relationship between improvements available to projects that are familiar with the strategy of their enterprises.

2015 42

Next Generation Project Management Software

Girl's Guide to PM

This is an edited version of a white paper I wrote with some colleagues for the PMI EMEA Summit in Barcelona. In this article we look at emerging software in the PPM space and discuss how its selection and implementation needs to be done in line with an overarching digital strategy.

Project Management Careers Q&A – PMO Manager Career Path

Arras People

I’ve been working as a PMO Manager for a number of years now and I want to progress further into portfolio level PMOs, getting involved in strategy execution and generally working at a more senior level. The latest PMI Talent Triangle is absolutely right in that one of the points is all about developing your wider business knowledge and in turn developing actual practical experience in a business role.

PMI 144

It’s time to introduce a selection process for project sponsors

Ron Rosenhead

In our book “Strategies for Project Sponsorship” (published by Management Concepts) we made the suggestion the company should be making every effort to interview for project sponsors. Strategies for Project Sponsorship published by Management Concepts.

How to Unite Enterprise and Project Risk Management

Project Risk Coach

The Project Management Institute (PMI) defines project management as “the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.”. The selection of risk strategies (e.g., Insurance Company Example – Strategy to Projects Map.

Risk 195

Challenging the C-Level Executives

The Lazy Project Manager

The report Why good strategies fail: Lessons for the C-suite published by The Economist Intelligence Unit Limited in 2013 stated in its conclusion that there was a need for increased C-suite attention to implementation (and therefore projects). Step 1: Strategies for project sponsorship.

Virtual Leadership: Interview With Author Penny Pullan

Girl's Guide to PM

In this video I interview author Penny Pullan about her new book, Virtual Leadership: Practical Strategies for Getting the Best Out of Virtual Work and Virtual Teams , which is out this year.

Project Management Careers Q&A – Moving to a Portfolio PMO

Arras People

The link between an organisation’s strategy and how that strategy is delivered is commonly referred to as portfolio management. With portfolio office there is still a requirement that all our project based activity in the organisation is delivered well, it’s just that they are more concerned with making sure the right projects and programs are picked in the first place which will ultimately help deliver the organisation’s strategy.

2016 163

Who should attend project management training?

Ron Rosenhead

If there is no link back to the overall strategy then the project is automatically low priority. By focussing development activity on key projects you can impact the overall strategy in a positive way.

2016 245

What is the Program Management Improvement and Accountability Act?

Moira Alexander

PMI's Pulse of the Profession report shows "only 64 percent of government strategic initiatives ever meet their goals and business intent -- and that government entities waste $101 million for every $1 billion spent on project and programs.". This piece of legislation was fully supported by the Project Management Institute (PMI) and garnered staggering bi-partisan support.

How To Make 2018 A Successful Year for Your Projects

Girl's Guide to PM

With the release of the Agile Practice Guide along with the PMBOK® Guide Sixth Edition , we can’t ignore PMI’s direction to incorporate adaptive life cycles such as agile, iterative or incremental life cycles into project and development life cycles.

2018 363

Thanking the GirlsGuideToPM Community (That’s You)

Girl's Guide to PM

I’m grateful to the following groups who invited me along to speak at their events or to their students: PMI Congress EMEA: Barcelona. PMI Poland Chapter. Patrick Mayfield, A Strategy for Engaging and Dealing with Difficult People.

2016 340