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Project Management for Aspiring, New, and Accidental PMs
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Honored to be named #8 of 50 Top Global Thought Leaders on Risk Management (March 2020) by Thinkers360. See more here:
Top 50 Global Thought Leaders on Risk Management
Ever work on a project where it seemed like there were constant issues? Here are some tips to both avoid getting into this state and effectively handling the issues if you do.
- Have a robust risk management process. Issues are risks that "happened," so proactively identifying potential issues upfront will help you avoid or manage them.
- Have a robust risk response planning process. A robust...
When issues escalate into crises, these five leadership competencies are essential for project leaders to both weather the immediate storm and confidently move toward the future. It is difficult to recover when both being blamed for the crisis and taking the wrong management steps.
- Build an environment of trust. Given the importance of trust, this should already be in place and continued in a...
Following these five tips will go a long way in assuring successful project delivery.
- Rather than skip risk management, scale and tailor a process to your project needs. Completing the exercise will help you more easily identify responses when unidentified risks occur later in the project.
- Document your process in a robust risk management plan. Frequently this document, once completed, is...
The primary goal of risk management is to navigate the uncertainty found in any initiative. As the development of the risk management process begins, here are four more general principles to keep in mind to guide decision-making:
- Timebox risk assessments. Because all uncertainty is not identifiable and the process needs to be scalable to the size of the initiative, allocate some fixed time.
- No...
The primary goal of risk management is to navigate the uncertainty found in any initiative. As the development of the risk management process begins, here are four general principles to keep in mind to guide decision-making:
- The organization and initiative stakeholders have attitudes toward risk. These attitudes will affect thinking throughout the process and need to be determined in advance. ...
Another tip from my new book, Risk Assessment Framework: Successfully Navigating Uncertainty, with publication planned for November. Watch for more details in October.
Following a robust and appropriately scaled risk management process provides important project benefits, including:
- Positive risks (opportunities) can have positive outcomes: for example, shortened schedules or effective...
How much risk management and risk management planning is enough? There is no immediate answer to this question; however, a good starting point is to consider the following objectives and constraints:
- Costs and time of implementing risk management are proportionate to the costs and time of the projects -less than 10% is a...
1) Be sure there is a project...
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