Learn more about the role of a risk register in project management. A key element that contributes to the clear understanding of any risk is its description or definition, usually …
Risk Management
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Are your risk assessments falling short?
Most people regularly assess risks and stop short in their assessment. For years we have been told to pay close attention to the two main dimensions of risks: probability and …
4 Reasons why mitigating project risks could be the wrong strategy
Mitigating project risks just may be the wrong strategy. With the release of the latest version of the PMBOK® Guide from the Project Management Institute (PMI®) comes a change to …
How To Be Flexible When Faced With Project Uncertainty
Every successful project manager knows that managing risks is indispensable for project success. Being proactive, especially at the beginning of the project, where uncertainty is at the highest level, helps …
Is your project communication plan missing the mark with stakeholders?
A properly documented project communication plan is key to the success of any project. What should be included in your project management communication plan? We share the communication approach and …
Stop doing more with less: 3 Steps to delivering high-value projects
3 Steps to delivering high-value projects, why you should stop doing more with less. “We must do more with less.” This over-used phrase is often heard in organizations that recently …
Key elements of a good risk management plan
What is a risk management plan in project management? Learn about elements of a good risk management plan, RACI matrix, or RACI charts. People often do not realize how low …
Data and flexibility: Keys to managing uncertainty
Uncertainty is inevitable. What are the keys to managing Uncertainty? There are two main ways to tackle uncertainty: You can either decrease the level of uncertainty or increase flexibility. My …
Why is it so important to properly assign risk ownership
The topic of risk ownership always prompts lively conversation when discussed with any individual from my classroom to a client’s site. Who should be the actual risk owner? Should it …
Project assumptions: You Must Be a Project Manager if You Like Swiss Cheese
A few weeks ago, a stakeholder at work was complaining about how we, the general, all-encompassing WE, the project manager could never be happy with simply doing anything and that …