Rebel’s Guide to PM

AUGUST 29, 2021

Risks matter. 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. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

Risk 320

Risk Technical Review Risk Management Estimate 320

Project Risk Coach

JANUARY 14, 2019

Project managers constantly think about risks, both threats and opportunities. Let’s consider a simple but powerful tool to capture and manage your risks—the Risk Register. What to Include in a Risk Register. Consider using this syntax: Cause -> Risk -> Impact. ” Risk Owner. Risk Score.

Risk 342

Risk Risk Management Technical Review Information Technology 342

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. Our risks were identified, but a response strategy was never created.

Risk Management 88

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. Thoughtlessly making assumptions or ignoring risks can lead to critical problems.

Risk Management 79

Risk Management Risk Cadence 2023 79

Henny Portman

JANUARY 3, 2024

this reference guide describes the various competency elements for a PMO employee or PMO manager in line with the ICB4 competence elements perspective, people and practice. The perspective competence elements are strategy, governance, structures and processes, compliance, standards and regulations, power and interest and culture and values.

PMO 52

PMO Finance Governance Government 52

Scrum.org

APRIL 30, 2021

Barry Overeem refers to these items as reminders of conversations that need to happen in the future. This gives the Product Backlog a level of transparency that reduces the risk. The risk is exposed by not completing an item within a Sprint and thus giving away the opportunity to generate value for the organization.

Technical Review 227

Technical Review Estimate SCRUM Risk Management 227

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

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

The Strategic Project Manager

MARCH 14, 2024

It defines it, compares and contrasts it from similar approaches, and then looks at the impact of leveraging Value Innovation in the practice of strategy and project management – developing a Value Innovation Strategy. What Is a Value Innovation Strategy? “Value innovation” is a concept introduced by W.

Innovation 52

Innovation Sustainability Performance Measurement Risk Management 52

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

Project Risk Coach

SEPTEMBER 12, 2022

New PMI® Standards The new PMI-RMP® Exam Content Outline and Specifications (March 2022) includes Reference Materials. Simply put, PMI® did not use the Standard for Project Risk Management (2009) or the PMBOK® Guide, Sixth Edition (2017) to validate the exam. Why Take the Risk? Yes, the new standards. Click Here Now.

PMI 221

PMI 2022 2009 2021 221

Project Risk Coach

JUNE 4, 2023

In this blog post, we will explore some of the key factors that can lead to project trouble and discuss strategies to mitigate their impact. Inadequate Risk Management Failure to identify and mitigate risks is a common cause of project trouble.

Risk Management 243

Risk Management Technical Review Estimate Risk 243

Productivity Land

FEBRUARY 23, 2024

In this blog post, we’ll be discussing 5 best strategies to ensure data protection and privacy compliance for your business. The need for data protection is increasing with the advent of newer technologies and innovative business strategies. Importance of data protection to businesses What is data protection and privacy compliance?

Software Review 73

Software Review Technical Review 2023 2024 73

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

Rebel’s Guide to PM

MARCH 18, 2021

You might also here artifacts referred to as templates, documents, outputs or deliverables, but in all cases they relate to the work of managing the project, not the thing you are creating as the output of the project. Strategy artifacts. The first category is documentation that relates to strategy and project initiation.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

Project Risk Coach

OCTOBER 18, 2021

If you review the Reference Materials in the PMI-RMP Pilot Content Outline , you will see that PMI refers us to two resources (among others): PMBOK® Guide, 6th Edition The Standard for Risk Management in Portfolios, Programs, and Projects (2019) Therefore, expect to see risk management questions for portfolios and programs, as well as projects.

PMI 221

PMI 2021 Certification 2022 221

Epicflow Blog

JUNE 10, 2022

Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?

Aerospace 98

Aerospace Risk Management Engineering Risk 98

Rebel’s Guide to PM

MAY 3, 2022

Reference the business case and any prior documentation. It’s always easier to reference other documents than try to reproduce them in here. Execution strategy. If you have a fully-fledged requirements document then you can always reference that, or the project scope statement. Risk management plan.

Planning 322

Planning Software Review Risk Management Estimate 322

Techno-PM

AUGUST 7, 2023

Introduction A risk report is a formal document that gives a systematic and complete summary of the potential risks that an organization's operations, initiatives, strategies, or external environment may face. The following steps outline the approach we take to identify, assess, and analyze risks: 1.

Risk 36

Risk Risk Management Monitoring Technical Review 36

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

Traxidy

DECEMBER 12, 2023

The Art of Mastering Project Surprises: Easy Strategies for Managing Unplanned Work By: Steve McBroom, Founder, Traxidy (Click to follow me on LinkedIn) In this post, we will review the importance of working through project issues and the associated unplanned project tasks, as they arise, and provide effective strategies to manage them.

Technical Review 109

Technical Review Software Review Underperforming Technical Team Controlling 109

Rebel’s Guide to PM

JULY 20, 2023

Mostly, the term refers to the project documentation you produce that defines and supports the work you are doing. 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. What is an artifact?

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

ProjectManager.com

AUGUST 23, 2023

Time refers to the project schedule, which organizes tasks with start dates and end dates. There is no difference between them other than what they’re referred to. Finally, using the project management triangle helps reduce project risk. A project risk is something unexpected that impacts the project, whether for good or bad.

Software Review 311

Software Review Risk Management Risk Budget 311

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

Techno-PM

JULY 31, 2023

Introduction A risk register is a fundamental tool in project management that helps identify, evaluate, and manage risks throughout the project lifecycle. It is an essential document that enables project managers to proactively address potential issues and develop strategies to mitigate or minimize the impact of these risks.

Risk 36

Risk Risk Management Monitoring Controlling 36

Project Pulse Journal

OCTOBER 7, 2023

Shick, MSPM, PMP, CSM In the dynamic world of projects, risks are omnipresent. Every decision brings along its own set of uncertainties and complicated risks. Enter the realm of quantitative risk analysis. Essential tools such as Decision Trees and Monte Carlo Simulation enable thorough risk evaluations.

Risk 52

Risk 2009 2023 2017 52

ProjectManager.com

JULY 5, 2022

The need for a business case is that it collects the financial appraisal, proposal, strategy and marketing plan in one document and offers a full look at how the project will benefit the organization. Discern the risks and issues associated with each solution. Marketing Strategy. Risk Assessment. Project Governance.

Underperforming Technical Team 370

Underperforming Technical Team Project Life Cycle Risk Management Governance 370

ProjectManager.com

AUGUST 22, 2023

Risk Management A project risk is an unexpected event, which can be positive or negative. Risk management is a process to identify, manage and resolve these risks, whether it’s to take advantage of a positive one or mitigate a negative one. The goal is team building, which leads to a more effective project team.

Certification 357

Certification Leadership Risk Management Budget 357

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

Rebel’s Guide to PM

SEPTEMBER 24, 2023

Close out anything outstanding in the risk register as well. There are many reasons for this, including that the business environment or strategy may have changed, negating the need for the project. Chapter 19 is the PRINCE2® 7 manual reference that you need. Planned closure isn’t the only way that projects end.

Prince2 328

Prince2 Closing 2023 PMO 328

ProjectManager.com

APRIL 30, 2021

Project reports document these changes, whether good or bad, and inform future strategies. This template includes major details such as an executive summary, project milestones, issues, risks and past and future projections. Risk Register Template. As the project continues, new risks are bound to crop up.

Risk Management 371

Risk Management Risk Executing Software 371

Rebel’s Guide to PM

MAY 7, 2023

They might be influenced by market conditions (risk appetite statements might change, for example, if the market suddenly gets a lot more competitive). Perhaps the process misses out any reference to ethical sourcing at all. It’s just the data itself, the ‘knowledge,’ that counts. Process Groups: A Practice Guide does talk about OPAs.

Process 422

Process Technical Review Software Review Influencer 422

Teamweek

FEBRUARY 2, 2023

We often plan a project with this overly optimistic mindset — never considering the myriad of project risks out there. So we’ll explore the most common project risks (and how to prevent them) in this guide. 11 common types of project risks It’s important to remember that risks don’t always appear as a dark, foreboding catastrophes.

Risk 95

Risk Estimate Risk Management ChatGPT 95

Rebel’s Guide to PM

SEPTEMBER 20, 2020

I’m not referring to the mental state of those on either side of the argument, rather the way that just when you think the discussion has died down and the argument is resolved it comes back to life. Failure to execute strategy is seen as a project management issue. Business leaders see this as their number one challenge.

Leadership 481

Leadership Influencer PMO Risk Management 481

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

Productivity Land

FEBRUARY 1, 2023

In order to be successful in business, you need to have a clear and concise strategy in place. Or what if you already have a strategy but it’s not working as well as you’d like? In this blog post, we will discuss some life hacks that can help you implement a successful business strategy. Who are they?

Defining 78

Defining Executing Controlling Risk Management 78

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