Risk Management
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The one inescapable risk of managing projects
In project management, there’s one inescapable risk. I’ve just started a new project, and yes, the same risk is on the list as it was in the risk register for over 100 of the projects I completed. People… When I…
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Why should you start a lesson learned log at the beginning of a project?
Some call it a log, some call it a register but regardless of what name you give it, understanding how important it is to have a lesson learned tracking tool started as your project begins can make the whole exercise…
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3 Fundamental rules project managers should use when planning
Did you know there are some fundamental rules for project managers when planning? Effective planning is the foundation and starting point for any successful initiative. As the saying goes: “Failing to plan is planning to fail.” Planning is an essential…
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How reframing RAM and RAID changes their use in managing projects
Looking to find out more about project RAM and RAID? Humans have this uncanny way of putting on a new coat of paint or moving a few pieces around, and “voilà,” we have a new thing. The same seems to…
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How having a disaster plan can help protect your bottom line
Interested in learning about developing a disaster recovery plan? With all the hurricanes today, one cannot help but think about how they would react if they were directly impacted by the flooding, tornadoes, or wind damage. Also, what about fires,…
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How To Adapt Strategy Execution To Market Disruptions
As many companies grapple with how to move forward following the impact of the COVID-19 pandemic, Planview releases their global benchmark study to help businesses adapt to the speed of change during business fluctuations. Find out more about how your…
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Buffer vs. “padding”: Which term should you use?
Curious about the difference between buffer vs padding in project mangement? Coming from a risk management background, I have always been offended and felt that little chill go down my spine when someone would ask if I had “padded” my…
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Friend or foe: Identifying the impact of different risks on your projects
When you are in a war, it is very dangerous that is very it is very important to be sure whether the approaching fighter aircraft or tank is your ally or enemy. This uncertainty led the defense industry to develop…
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Managing risks in the emerging industry 4.0
PMI Turkey Chapter just held an amazing 2-day project management summit with the theme “Project Management in Industry 4.0” in Istanbul on September 2018. What will the future trends for managing risks in projects be? What should we expect when…
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How risk analysis can aid in the selection of the best strategy
Find out how risk analysis can help with identifying the best business strategy. Strategic decision-making is extremely important for organizational survival. There could be different types of organizational strategies. For example, there are strategies that could be based on a…
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