ProjectManager.com

FEBRUARY 26, 2021

When you start the planning process for a project, one of the first things you need to think about is: what can go wrong? It sounds negative, but pragmatic project managers know this type of thinking is preventative. Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project.

Risk Management 535

Risk Management Risk Process Monitoring 535

Rebel’s Guide to PM

JANUARY 23, 2023

Are you looking for a way to better manage the risks associated with your projects? Risk audits are an effective tool that can help project managers and program managers identify potential issues before they become problems. What is a risk audit in project management? Who carries out the risk audit?

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Risk PMO Risk Management Governance 390

ProjectManager.com

DECEMBER 9, 2019

Before you’re able to analyze the risk in your project, you have to acknowledge that risk is going to happen in your project. By planning for risks, you begin the process of knowing how to identify, monitor and close out risks when they show up in your project. Definition of Risk.

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Risk Risk Management Estimate Project Life Cycle 450

Project Risk Coach

JANUARY 30, 2024

In the dynamic world of project management, risks are inevitable. An effective project risk response plan is crucial for navigating these uncertainties and ensuring project success.

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Risk Planning Risk Management 221

Project Risk Coach

NOVEMBER 1, 2021

The Project Management Institute (PMI) recently published the Project Management Body of Knowledge Guide (PMBOK®), Seventh Edition which is radically different from previous editions. 3 The Risk Management Principle 4 What is a Method? This is often accomplished by developing a project charter. Table Of Contents.

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Risk Management Risk PMI PMO 394

Project Risk Coach

JANUARY 16, 2024

Imagine you're at the helm of a crucial project, navigating through the fog of uncertainty. This is where the Rough Order of Magnitude (ROM) comes into play, a tool that every project […] The post Project Rough Order of Magnitude: A Key to Unlocking Effective Risk Management appeared first on Project Risk Coach.

Risk Management 221

Risk Management Risk Initiating Planning 221

Project Risk Coach

NOVEMBER 9, 2020

Project managers are pressured to deliver projects quickly. Sponsors think their project managers are magicians. Let us explore ways to compress project schedules and manage the associated risks. The project manager and the project team develop a project management plan that includes the project schedule.

Risk Management 397

Risk Management Risk Construction Estimate 397

Project Risk Coach

FEBRUARY 10, 2020

Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project. Let's look at how to develop a project risk management plan. If not, check with other project managers.

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Risk Management Risk Planning PMO 430

Rebel’s Guide to PM

AUGUST 29, 2021

Risks matter. Stuff happens on projects, and if the worst happens, it’s better to know about it in advance. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. What’s a risk again? It helps to think of risks in categories.

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Risk Technical Review Risk Management Estimate 317

Project Risk Coach

AUGUST 24, 2020

Mike was a functional project manager in an organization where I managed a PMO. But his projects were trending in the wrong direction and his manager was not happy with Mike's performance. In a one-on-one meeting, I asked Mike how he was identifying, analyzing, and managing his risks. Failure to focus on the risks that matter.

Risk Management 459

Risk Management Risk Underperforming Technical Team PMI 459

ProjectManager.com

FEBRUARY 3, 2022

Uncertainty is a certainty in projects. Risks will arise and threaten the successful delivery of your project. Using a risk breakdown structure (RBS) is how you prepare for the unexpected. A risk breakdown structure is great for identifying and prioritizing risks so you know which will be more or less impactful.

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Risk Underperforming Technical Team Risk Management Technical Review 363

Project Risk Coach

NOVEMBER 20, 2022

Risk management comes in many flavors – enterprise, operational, and strategic risk management. But what is risk management in projects? How can we integrate risk management with project management, resulting in greater project success? appeared first on Project Risk Coach. Harry Hall.

Risk Management 195

Risk Management Risk Controlling Planning 195

Project Risk Coach

NOVEMBER 20, 2022

Risk management comes in many flavors – enterprise, operational, and strategic risk management. But what is risk management in projects? How can we integrate risk management with project management, resulting in greater project success? appeared first on Project Risk Coach. Harry Hall.

Risk Management 195

Risk Management Risk Controlling Planning 195

Project Risk Coach

OCTOBER 3, 2022

Projects have risk thresholds that we may cross. In this article, we will explore what a risk threshold is, why it matters, and look at some examples. What is Risk? So, a risk may cause a positive effect. So, a risk may cause a positive effect. We call these risks opportunities.

Risk Management 221

Risk Management Risk Defining Budget 221

Project Risk Coach

JANUARY 21, 2019

If you say the word “risk” to ten people, each person may think of something different— insurance, threats, investments, bets, or potential loss. As we manage project teams, it's critical that you and your team members have a common understanding of what project risk means. Next, agree on a definition for project risk.

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Risk Risk Management Defining Planning 331

ProjectManager.com

OCTOBER 20, 2021

Projects are delicate operations. There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. It’s no wonder so much of project management is focused on risk! What is a Project Risk?

Risk Management 336

Risk Management Risk Planning Monitoring 336

Rebel’s Guide to PM

FEBRUARY 28, 2022

A project manager’s job isn’t just about managing the work. Normally we’d think of that in terms of the technical skills they need to deliver the project, like taking a course in a programming language or brushing up their system maintenance skills. Risk management is a great example. Identify project risks.

Risk Management 276

Risk Management Risk Technical Review 2015 276

Project Risk Coach

DECEMBER 13, 2021

Once we've identified our project risks, we should plan and implement responses. In this article, let's look at ways to respond to project threats and opportunities. In our projects, we discover threats that may limit our ability to achieve our goals. We can optimize our risk responses over time.

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Risk Risk Management Defining Planning 195

Project Risk Coach

OCTOBER 11, 2021

In this article, let's discuss why risk management standards exist and which Project Management Institute (PMI) standard you should study in preparation for the Project Risk Management Professional (PMI-RMP) exam ( until the updated PMI-RMP® exam comes into play April 2022 ). Which PMI Standard Should You Study?

Risk Management 221

Risk Management 2009 Risk PMI 221

Kiron Bondale

OCTOBER 26, 2022

Back in July, while planning for the campaign, I’d written a series of articles on the approach I’d taken to manage this project. In my final article, I’d covered the delivery and outcome risks I’d identified and addressed and will provide an update on these as well as to share what I learned through the experience.

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Risk Transportation Risk Management Leadership 316

LiquidPlanner

MAY 24, 2023

That’s why effective project management should go beyond theory, and expand to include risk factors – both internal and external. A practical project risk management strategy accounts for team member miscommunications and mistakes, scope creep and shifting client expectations, and any technical difficulties along the way.

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Risk Management Risk Technical Review Budget 158

Inloox

FEBRUARY 2, 2023

Know the risks in your project! Risk management plays an enormously important role in project management. The task here is to identify, analyze, control and ultimately minimize risks. The better risk management is handled in your project, the greater the probability of success, all other things being equal.

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Risk Underperforming Technical Team Governance Government 172

The IIL Blog

FEBRUARY 28, 2024

By Jorgelina Bross-Puglisi February 28, 2024 Project Managers Have One Key Goal: Project Success By integrating risk management into project management processes, project managers can anticipate and respond to potential challenges, increasing the likelihood of project success.

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Risk Management Risk Controlling Artificial Inteligence 162

Project Risk Coach

FEBRUARY 14, 2022

I have had the privilege of managing three Project Management Offices (PMOs), composed of several project managers. The best project managers were the ones who had a habit of identifying and managing risks. Let's look at three ways you can improve your risk identification and reduce major misses. Roger VanScoy.

Risk 221

Risk Risk Management Initiating Planning 221

Project Risk Coach

FEBRUARY 24, 2020

Webinar: How to Create a Project Risk Management Plan Date: Wednesday, February 26, 2020 Time: @ 10am PST / 11am MST/ 12pm CST / 1pm EST. register now. The post The Project Risk Management Quiz appeared first on Project Risk Coach.

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Risk Management Risk 2020 Planning 221

Project Risk Coach

OCTOBER 8, 2019

Project management is "the application of knowledge, skills, tools, and techniques to project activities to meet the project objectives" (PMBOK—6th Edition). So, how does project risk management fit into the world of project management? It empowers the project manager to achieve the project objectives.

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Risk Management Risk Executing Process 268

Project Risk Coach

OCTOBER 9, 2022

In this article, let's discuss why risk management standards exist and which Project Management Institute (PMI) standard you should study in preparation for the PMI Risk Management Professional (PMI-RMP®) exam. Which PMI Risk Standard Should You Study? The exam pilot occurred in December, 2021.

Risk Management 195

Risk Management Risk 2009 PMI 195

Inloox

NOVEMBER 16, 2021

New blog series on risk management in projects In the coming weeks, we will focus on a very relevant topic in project management: Risk management. This area of project management is very important, as projects are confronted with permanent changes and thus constantly with new risks.

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Risk Management Risk Planning 193

Project Risk Coach

FEBRUARY 14, 2022

I have had the privilege of managing three Project Management Offices (PMOs), composed of several project managers. The best project managers were the ones who had a habit of identifying and managing risks. Let's look at three ways you can improve your risk identification and reduce major misses. Roger VanScoy.

Risk 195

Risk Risk Management Initiating Planning 195

Project Risk Coach

DECEMBER 10, 2018

Well, let's talk about project risks and issues, the differences, and why it's so important to manage risks. What is Risk? The Project Management Body of Knowledge (PMBOK) defines risk as, “An uncertain event or condition that, if it occurs , has a positive or negative effect on one or more project objectives.”

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Risk Risk Management Energy Defining 265

Online PM Courses

MARCH 8, 2023

You can't manage project risks until you know what you need to manage. So, let’s see the different ways to identify risks to your project. The post Risk Identification: How to Identify Project Risks | Video appeared first on OnlinePMCourses.

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Kiron Bondale

DECEMBER 8, 2019

Assumptions which have not been validated are a common source of project risks. Incorporating ongoing experimentation into the risk management life cycle might provide a more effective method of de-risking all types of projects.

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Risk Risk Management Construction Agile 279

Project Risk Coach

AUGUST 19, 2019

So, what are project risk owners and how should project managers identify and assign them? Imagine that you are the project manager of a two-year, multi-million dollar project. During the execution of your project, you take a beach vacation. Your project will be at greater risk. Let's talk.

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Risk Risk Management Monitoring Executing 261

Online PM Courses

APRIL 19, 2023

Whatever your project, you need to manage risk. The post Risk Management 101: An Introduction to Project Risk Management appeared first on OnlinePMCourses. We have plenty of videos on the topic, but this one is your basic introduction.

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Risk Management Risk 142

The IIL Blog

SEPTEMBER 13, 2023

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Until we validate them, they are risks.

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Risk Management Risk Cadence 2016 88

Velociteach

SEPTEMBER 11, 2023

We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Or risks were identified, but a response strategy was never created.

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Risk Management Risk Cadence 2023 78