The IIL Blog

MARCH 26, 2024

In this article, we will explore the rise of the AI-powered PMO and provide actionable strategies for project managers to thrive in an AI-augmented environment. It can alert project managers, recommend mitigation strategies, and even generate alternative scenarios. Suggest mitigation strategies for the top five high-impact risks.”

PMO 88

PMO Generative AI Technical Review Software Review 88

Scrum.org

MAY 4, 2023

This time we will discuss how to build an effective stakeholder communication strategy. What Is Stakeholder Communication Strategy A communication strategy is our plan that outlines how we will communicate. Before we build a communication strategy, we need to understand What information do stakeholders need from us?

Influencer 198

Influencer Software Review Cadence SCRUM 198

Scrum.org

JULY 30, 2023

That means taking calculated risks that can lead to either success or failure. Meeting the Moment While companies may have been in similar situations in the past, what sets the present apart? Indeed, many methodologies employ similar principles, whether fully or partially, to expedite testing and improvement of strategies.

Risk 167

Risk Agile Innovation Leadership 167

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

Wrike

SEPTEMBER 30, 2023

Effective risk management is crucial for the success and sustainability of any business. By identifying and addressing potential risks, organizations can minimize their impact and ensure continuity of operations. These risks can arise from various sources, such as financial, operational, legal, or technological factors.

Risk Management 36

Risk Management Risk Technical Review Monitoring 36

Rebel’s Guide to PM

MAY 25, 2019

We challenge leaders, we talk about risk and what might go wrong and we call people out on poor performance through project monitoring and control. In this article, we’ll look at the causes of team conflict on projects, how to identify conflict and resolution strategies so you can all get back to work. That’s part of the job, though.

Underperforming Technical Team 288

Underperforming Technical Team Software Review Risk Management 2012 288

Wrike

JULY 23, 2023

Understanding and effectively addressing risks is crucial for any business or organization. In order to implement effective mitigation strategies that minimize potential harm and maximize preparedness, it’s important to redefine our understanding of risk and overcome the obstacles that hinder successful implementation.

Risk 36

Risk Technical Review Artificial Inteligence Sustainability 36

The Strategic Project Manager

OCTOBER 26, 2021

The Strategy Framework Canvas is useful in helping a strategist match the right strategic framework to the situation. It can also be useful to implementers, including project managers, to sharpen efforts in project scoping, risk management, managing the schedule, identifying and handling stakeholders, and using project metrics.

Influencer 98

Influencer Risk Management Innovation Monitoring 98

ProjectManager.com

AUGUST 22, 2019

Create a risk assessment document in order to prepare for the inevitable. An IT risk assessment template gives you the tools to see what might be waiting around the corner. Why You Need an IT Risk Assessment Template. The list of risks to an IT environment are long. Every project is inherently risky. Download Now.

Risk 165

Risk Risk Management Controlling 2019 165

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

MPUG

APRIL 26, 2021

Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. Some were taken, but most ignored or overlooked because of other projects and lack of understanding of risk management at an organizational level.

Governance 122

Governance Government Risk Management Risk 122

The Strategic Project Manager

MARCH 13, 2023

Organizational strategy – What is the current direction for the organization? What is its vision, strategy, or objectives? Risks – Identify as many risks as possible; play devil’s advocate. For each risk, assess and rate (H/M/L or more detailed) the likelihood and impact, and describe mitigating actions.

Planning 95

Planning ChatGPT Technical Review Underperforming Technical Team 95

PM Basics

SEPTEMBER 8, 2022

Risk management is arguably the most crucial piece in my project management approach. Therefore, I spent lots of time and effort creating a practical risk management process. Risk management process is a structured approach to identifying, assessing, addressing, and controlling risks. So, let’s dive in!

Risk Management 104

Risk Management Risk Process Underperforming Technical Team 104

Project Pulse Journal

MARCH 13, 2024

However, navigating the intricacies of virtual collaboration requires a unique set of strategies and approaches to ensure seamless communication, productivity, and alignment among all the team members. By implementing these strategies, you can empower your team members to thrive and deliver value to your organization.

PMO 52

PMO Technical Review Governance Government 52

Rebel’s Guide to PM

FEBRUARY 13, 2023

Reduce and Uncover Risk 3. That information then enables you to plan communication and engagement strategies to head off any problems while you adhere to the principles of stakeholder management. Want to do a presentation to Marketing but don’t have the time? Your stakeholders can also help you identify new risks.

Risk Management 438

Risk Management Finance Software Review Risk 438

The IIL Blog

OCTOBER 4, 2023

By Vincent Marguier October 4, 2023 Risk management is a dynamic component of any project, where risks—and opportunities—must constantly be assessed and monitored to deliver in the most successful way. When the end user is a patient, we must reduce the risk factor to the strict acceptable minimum, straight from the start.

Initiating 88

Initiating Risk 2023 Prince2 88

Project Risk Coach

MARCH 21, 2022

A condition or capability that is required to be present in a product, service, or result to satisfy a contract or other formally imposed specification. One way to mitigate this risk in agile projects is to use a requirements backlog. Identify a couple of strategies that can help you and your team deliver the real needs of your users.

Underperforming Technical Team 416

Underperforming Technical Team Software Review Risk Management Controlling 416

Techno-PM

JULY 31, 2023

Introduction A project risk dashboard is a visual tool that provides a comprehensive overview of the risks associated with a specific project. It is designed to help project managers and stakeholders monitor, track, and assess potential risks throughout the project lifecycle.

Risk 36

Risk Software Review Technical Review Risk Management 36

Project Pulse Journal

APRIL 23, 2024

Continuous improvement equips you with the tools to achieve this, helping your strategies evolve with every project, quickly adapting to new obstacles, and setting industry-leading standards. Focus on areas like agile methodologies, risk management, and leadership. Don’t just respond to changes; proactively embrace them.

Technical Review 52

Technical Review 2024 Innovation Sustainability 52

PM Basics

SEPTEMBER 8, 2022

Qualitative risk analysis boosts the chances for project success dramatically. I honestly believe that this risk analysis in more than enough for small and medium projects. Qualitative Risk Analysis is the process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact.

Risk 59

Risk Risk Management Software Review Technical Review 59

ProjectManager.com

APRIL 30, 2021

Project reports document these changes, whether good or bad, and inform future strategies. Using a project report template ensures you’re getting the most from the data and presenting it to stakeholders in the right way. Our weekly status report template covers all the bases and presents information efficiently.

Risk Management 371

Risk Management Risk Executing Software 371

Rebel’s Guide to PM

MARCH 25, 2022

Business transformation should be led by strategy because it’s the vision for the future of the organization that defines what you should be working on. Portfolio managers don’t need to be told that all projects and programs should align to strategy. A strategy without the projects to deliver it is just a plan.

2015 264

2015 Finance Risk Management Risk 264

Techno-PM

AUGUST 11, 2023

Introduction In the world of investments, understanding and managing risks are crucial for achieving financial success. A powerful tool that provides investors and portfolio managers with valuable insights into their investment risk is the "Portfolio Risk Dashboard." What Is The Use of Risk Dashboard Portfolio?

Risk 36

Risk Risk Management Software Review Monitoring 36

UPQODE

FEBRUARY 2, 2024

For businesses engaging in B2B transactions, the distinction and appeal of your brand are primarily driven by your branding strategy. This underscores the importance of a solid B2B branding strategy for the prosperity of your small business. In this piece, we delve into the subtleties of an effective B2B branding strategy.

Influencer 52

Influencer Innovation Initiating Executing 52

Rebel’s Guide to PM

SEPTEMBER 24, 2023

If necessary, present a closure recommendation to the board, although the likelihood is they will already know that closure is on the cards. Close out anything outstanding in the risk register as well. Let’s take a look at those, and you’ll see that they are pretty much common sense.

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Prince2 Closing 2023 PMO 328

Project Pulse Journal

OCTOBER 15, 2023

Michael Shick, MSPM, PMP, CSM Are you tired of navigating project management risks, constantly looking for the proverbial dangers that could derail your project's success? In the dynamic world of project management, understanding and mastering the art and science of risk management strategies is not just an ancillary skill but a necessity.

Risk 40

Risk 2023 2017 Risk Management 40

Rebel’s Guide to PM

MARCH 18, 2021

The 9 types of artifacts are: Strategy Logs and registers Plans Hierarchy charts Baselines Visual data and information Reports Agreements and contracts Other – a bucket category for anything else. Strategy artifacts. The first category is documentation that relates to strategy and project initiation. Logs and registers.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

PM That Works

APRIL 5, 2024

In the realm of project management, the perennial challenge has been not just to navigate the present but to learn from the past in a way that illuminates the path forward. I presented a way to turn lessons learned into a risk assessment that could provide actionable insights.

Artificial Inteligence 65

Artificial Inteligence Technical Review Risk Management Risk 65

ProjectManager.com

NOVEMBER 23, 2023

Net Present Value When looking at the net present value of a project, you’re viewing the excess of cash inflows beyond cash outflows, adjusting both streams for the time value of money. Internal Rate of Return Use this capital budgeting technique to find the discount rate that’ll bring a project’s net present value to zero.

Budget 346

Budget Technical Review Software Review Executing 346

The Strategic Project Manager

MAY 8, 2022

This post looks at what the PDCA cycle is, dives into the specifics of the four steps, looks at pros and cons, and enumerates where it can enhance strategy and project management efforts. Select the best solution – Identify the best solution based on cost, impact, risk, timing, and other relevant factors. Strategy and PDCA.

Innovation 97

Innovation Initiating Executing PMO 97

Rebel’s Guide to PM

JULY 20, 2023

Here’s the list: Strategy Logs and registers Plans Hierarchy charts Baselines Visual data and information Reports Agreements and contracts Other – a bucket category for anything else. Strategy artifacts The first category is documentation that relates to strategy and project initiation. You can grab the set I use here.

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

nTask

NOVEMBER 12, 2018

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 Identification Techniques.

Risk Management 76

Risk Management Risk Underperforming Technical Team Manufacturing 76

Rebel’s Guide to PM

MARCH 12, 2022

It confirms that in-flight projects are: Still aligned to organizational strategy On track to deliver the forecasted benefits Still required by the business Still due to complete with the allocated funding Following good governance processes with adequate oversight. Risk management. Benefits of gate reviews. Stakeholder engagement.

Prince2 396

Prince2 Governance Government PMO 396

Rebel’s Guide to PM

AUGUST 6, 2022

It is made up of people who have an interest in the project: representatives from each of the key stakeholder communities, who meet on a regular basis to provide direction, authority to proceed and to decide on the strategy for the project. Make sure you can present a summary of the project’s expenses. Risks and issues.

Governance 358

Governance Government Risk Management Technical Review 358

Project Risk Coach

JULY 27, 2016

After a simple analysis exercise (considering relationship and agreement) it then comes down to developing an influencing strategy. If people are against you, make sure you’ve got something in your strategy to at least remove the risk they pose to your influencing goal. Presenter: Colin Gautrey. Accelerate Progress.

Influencer 150

Influencer Risk Management Executing Risk 150

Scrum.org

DECEMBER 4, 2023

Navigating leadership in complex work environments demands a nuanced approach, blending various tactics, practices, frameworks, and strategies. These principles, presented in no particular order, acknowledge the dynamic nature of leadership. We proactively manage risk by validating assumptions through direct engagement with customers.

Leadership 206

Leadership Technical Review Lean Sustainability 206

ProjectManager.com

APRIL 29, 2022

Project documentation has several purposes, such as project planning, cost management or risk management. Project Planning: Project management plan, work breakdown structure, project budget, project schedule, change management plan, scope management plan, risk management plan. Risk Register. Project Documentation Best Practices.

Project Life Cycle 363

Project Life Cycle Software Review Infrastructure Risk Management 363