How to Actually Define Risk Categories

Project Risk Coach

He thinks his project managers have identified most of their risks, but he’s not sure where to focus his attention. What areas have the highest risk exposure? Let’s look at how to actually define risk categories and how they can help Tom (and you). What are Risk Categories?

Are You Making These Risk Response Mistakes?

Project Risk Coach

Some project managers make timely responses to risks, resulting in positive progress toward their project goals. Let's look at some common risk response mistakes and how to overcome them. So, what do I mean by risk response mistake? Individual small risks seem powerless.

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6 Tools and Techniques for Controlling Risks

Project Risk Coach

Changes in project risks are inevitable. As a project progresses, the probability and impact of current risks change, new risks emerge, and residual risks may increase or decrease. Susan, on the other hand, facilitated an early risk identification workshop.

How to Identify and Manage Secondary Risks

Project Risk Coach

A response to risk can create other risks. These secondary risks may be more significant than the primary risks if we are not careful. What is a secondary risk? A secondary risk is a risk that is created by a response to another risk.

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How to Identify and Manage Secondary Risks

Project Risk Coach

A response to risk can create other risks. These secondary risks may be more significant than the primary risks if we are not careful. What is a secondary risk? A secondary risk is a risk that is created by a response to another risk.

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Evaluating Project Schedules Utilizing Quantitative Risk Analysis

Project Risk Coach

Often times, risks occur and project managers lack adequate schedule reserves. The team also identified 30 risks in the qualitative risk analysis. Of the 30 risks, the team identified six risks that had the greatest potential for affecting the schedule. Risk B.

Risk 195

Evaluating Project Schedules Utilizing Quantitative Risk Analysis

Project Risk Coach

Often times, risks occur and project managers lack adequate schedule reserves. The team also identified 30 risks in the qualitative risk analysis. Of the 30 risks, the team identified six risks that had the greatest potential for affecting the schedule. Risk B.

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Next Generation Project Management Software

Girl's Guide to PM

The project and portfolio management (PPM) software market is changing. 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. Digitalization and Collaboration.

5 Ways You May Unintentionally Create Schedule Risks

Project Risk Coach

In this article, let’s look at five causes of schedule risks and ways to avoid or reduce these risks. As we work to develop and compress our schedules, let’s be aware of the common causes of risk. 5 Causes of Schedule Risk.

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Top 10 Risk Management Software

TimeCamp

Risk Management Software Risk is a big part of our life and work. Project Management project risk management risk risk management risk management softwareIt can.

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How to Surface The Right Lessons Learned with CornerThought Software

Girl's Guide to PM

I’m delighted to be partnering with CornerThought lessons learned software for this article. Lessons Learned Software To The Rescue. As regular readers may know, I review a lot of project management software tools. Risk management. Be Productive Software

Software Review: ProjectManager.com [2016]

Girl's Guide to PM

Time to revisit the software and see what has changed. The dashboards give you a snapshot of the project in real time and are ideal for showing a summary of progress, risks and effort on one page – good for project sponsors and other stakeholders who aren’t that good at reading status reports.

2016 214

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

Online PM Courses

A robust risk culture goes beyond having a strong basic risk management process. Some of my readers may hope to influence the risk culture of their whole organization. For you, the right aspiration is to build a positive risk culture within your project.

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5 Ways You May Unintentionally Create Schedule Risks

Project Risk Coach

The Problems with Crashing, Fast Tracking, and other Schedule Compression Techniques How do project managers unintentionally create schedule risks? As we work to develop and compress our schedules, let’s be aware of the common causes of risk. 5 Causes of Schedule Risk.

2016 272

How To Categorise Data in Project Management Software

Girl's Guide to PM

This article, How To Categorise Data in Project Management Software , first appeared on Girl's Guide to Project Management. I struggle with this in the accounting software I use for my business. Categories for your project could be risks, announcements, status updates and so on.

12 Wonderful Ways To Improve Your Risk Management

Project Risk Coach

How well did John use risk management to accomplish his goal? He and his team completed a project plan and identified project risks. He captured the risks in his risk register and periodically conducted risk reviews. Improving Risk Management.

2016 212

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Microeconomics is applicable to the development is software systems. If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers.

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How to Respond to Your Risks From Different Angles

Project Risk Coach

Are you guilty of trying to control risks after they are full grown? In the world of business risks, the best time to attack risk is when it’s germinating. In general, you can save time, effort, and money by attacking significant risks early.

2016 238

Software Review: BusiBI Project Manager 2016 v5.7

Girl's Guide to PM

There’s a risk that your team’s projects will sit at 80% complete for quite some time…. You'll also like: Software Review: Project Viewer for Primavera [2016] This article was updated with minor amends on 27 March 2016. Better Collaboration Software busibiGeneral Information.

2016 238

Risk Management for Agile Software Development Projects

Herding Cats

It is popular to state that Agile IS Risk Management - but that is not correct. Agile software development is a software development process. Risk Management is a process as well. The two - agile and risk management - are well suited for each other. But Agile alone is not Risk Management. First some principles: All risk comes from uncertainty. Here's how Agile and Risk Management are joined. risk management agile+evm (v10.2)

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The Importance of Creating a Risk Response Team

Celoxis

When we talk about project management, we also talk about risk management. best practices Blog Project Management risk management celoxis Online project management software PPM project management project risk management risk response team web based project management software

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AlchemyWorks: Software Review [2018]

Girl's Guide to PM

This article, AlchemyWorks: Software Review [2018] , first appeared on Girl's Guide to Project Management. For example, if you create a project with the status of Huge Task, you can see more project management options like the risk tracker and financial information. Risk Management. Once you’ve got the risk management switched on, the risk log is really very good. You can then summarise the risks on the risk register report. Software

2018 76

Small Batch Sizes are NOT Risk Management

Herding Cats

There is a popular fallacy in the Agile community that small batch sizes are Risk Management. What small batches do is provide information that informs risk management at a fast rate. This analog signal is the underlying dynamics of the software development process.

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Risk Management is How Adults Manage Projects

Herding Cats

Risk Management is How Adults Manage Projects - Tim Lister. Here's how we manage risk on our software intensive system of systems using Agile. . Risk management requires making estimating of the reducible and irreducible uncertanties that create risk. IT Risk Management. Risk Management is How Adults Manage Projects. Estimating is Risk Management. NoEstimates Risk

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What is Risk Management?

Herding Cats

Risk management is about making informed decisions by consciously assessing what can go wrong, as well as the likelihood and severity of the impact when that possibility comes true. The heart of Risk Management is making informed decisions in the presence of the uncertainties that create risk.

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What’s Worse Than Not Automating Your Software Delivery Pipeline?

Leading Agile

An unattended software delivery pipeline frees technical staff to spend more time on value-add activities rather than tediously performing repetitive tasks by hand, such as. But there’s a risk that people will get excited about automation and get ahead of themselves. Sounds good.

Estimating the Risk

Herding Cats

Risk is everywhere on projects. This risk comes from two types of uncertainty. The idea of risk and its management and handling is a critical success factor for all software development. One of the most rigorous theorems of economics [1] proves that the existing means of production yields greater economic performance only through greater uncertainty that is, through greater risk. Without these estimates, there is no risk management. NoEstimates Risk

Productivity 2.0: Advantages and Risks of the 6-Hour Workday

Inloox

The risks Despite the countless advantages, many employers are still skeptical when it comes to the 6-hour workday, because there are risks. You should also consider making use of a project software which can help you plan and manage projects more efficiently from the start and which can improve collaboration and processes. The 6-hour workday model Imagine it was Monday morning. There is an 8 to 9 hour workday ahead of you. How motivated are you?

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Platform for Software Reviews Commends Celoxis with 2 Project Management Software Certificates

Celoxis

To recognize us for our efforts, contribution in the industry, and great … Project Management Resource Management User Experience celoxis project management project management software project management tool reporting resource management risk management time & expense management

INFOGRAPHIC: 7 Ways to Reduce Costs with Project Management Software

Celoxis

INFOGRAPHIC: 7 Ways to Reduce Costs with Project Management Software. best practices capacity planning collaboration infographic Leadership PMO PPM Project Management Resource Management risk management Trends budget management celoxis cost optimization cost savings project management best practices project management software resource management

2016 81

Aleatory Uncertainty Creates Irreducible Risk

Herding Cats

Yesterday's Post Epistemic Uncertainty Creates Reducible Risk and What Is Risk? Risk is not there to be mitigated, it's there to be eliminated. Risk is the result of uncertainty, which comes in two kinds for all projects, for everything actually. Epistemic uncertainty and the risk it creates can be reduced with handling processes. The objective of identifying and managing aleatory uncertainty to be preparing to handle the impacts when risk is realized.

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Best project management software

Binfire

What is the best project management software for your team and your project? The short answer is no, depending on industry, team size, project complexity, team’s experience and team size the requirements for project management software change. What is our budget for PM software?

Project Management Software ROI

Binfire

I am sure you have heard the grandiose claims by software vendors about their project management software ROI. . You might ask as a software vendor ourselves why we are saying such a negative thing about project management ROI? So how do you evaluate software?

INFOGRAPHIC: How Project Management Software helps Small Teams do Big Things

Celoxis

INFOGRAPHIC: How Project Management Software helps Small Teams do Big Things. best practices collaboration infographic Leadership PPM Project Management Resource Management risk management Trends celoxis Online project management tool project management software project tracking web based project management software

2016 75

Is There an Underlying Theory of Software Project Management?

Herding Cats

The motivation for the paper started when there were claims made the somehow agile software projects were different than other types of projects. Here's a paper that has been under constant development for several years now and is headed to a Journal and part of an upcoming book chapter.

INFOGRAPHIC: Increase Your RoI in 2017 with a Project Management Software

Celoxis

INFOGRAPHIC: Increase Your RoI in 2017 with a Project Management Software. best practices collaboration infographic PM reports PPM Project Management risk management celoxis Online project management tool project management project risk management project tracking web based project management software

2017 50

The Naive Notion that Agile Mitigates Risk

Herding Cats

The post Top 5 Ways Agile Mitigates Risk is one of those posts that's not wrong in what it says at the detail level - more or less, but is not right in principle. Agile Mitigates Risk - is not correct. Agile provides rapid identification of risk. What is risk management?

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INFOGRAPHIC: 5 Approaches to Managing Large-Scale Projects with PM Software

Celoxis

INFOGRAPHIC: 5 Approaches to Managing Large-Scale Projects with PM Software. best practices capacity planning infographic PM reports PMO PPM productivity Project Management risk management celoxis gantt chart Online project management tool project management project risk management project tracking resource management web based project management software

Software Development Life Cycle and Project Management

PM Basics

Software Development Life Cycle is on every job description for a Project Manager. Everyone wants you to know how to develop software applications. When I googled “software development life cycle definition” I found different variants. Phases in Software Development.

Ask a PM: How to Manage Dependencies and Assess Risks

LiquidPlanner

How do you recommend managing dependencies that put the project at risk? The easiest way, and the way most scheduling software works, is to think of the impact on your timeline. You can set these types of dependencies within your project management software. It’s the dependencies that are out of the project and fall into the Company category that have the greatest possibility of presenting a risk to your work. Consider the Risks. When Risks Become Issues.

Fixed Price Removes Risk — Fallacy of the Week

Herding Cats

Firm-fixed-price contracts are depicted as existing on the extreme left of the continuum of risk. As we progress through the various fixed-price flavors and into cost-type contracts, the assertion is that risk shifts from the vendor to the supplier. . This assertion appears reasonable, but this belief makes the assumption that there is goodness that results in shifting risk to the supplier. All Risk is Created by Uncertainty . Someone has to pay to handle that risk.

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7 Reasons Why Excel Is Putting Your Project At Risk

Paymo App

Here is why you shouldn’t leave that success in the hands of what Forbes calls the most dangerous software there is. Risk #1: No Specialized Features. The software pulls out the information you need, allowing you to concentrate on getting the job done. Risk #2: No Single View Of All Work. Project management software gives you a portfolio view of your work and the work of your teams. Risk #3: No Professional Communication With Clients.

2016 74

How to Do Project Risk Management: A Manager’s Survival Guide

Teamweek

Project risk management is the process of identifying and planning for potential risks, which are factors with the potential to affect the schedule, budget, or performance of your project. So how can you address your project’s risks? Identify Risks That Apply.