Strategic risk management is a concept that seems too abstract to many people. But it is becoming increasingly important for organizations. How prepared are project managers to support the concept?
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Recycling or Recovery has been in vogue for the last two or three decades as a means to save the environment and many organizations , communities and countries have embraced it as priority But is this enough ? How do Repairs / Refurbish or Reuse / Repurpose compare with recycling /recovery? This becomes one step before and can be prevent large quantities of materials going to the final destination i.e. the landfill.
The design of governance systems of collaborative relationships should aim for resolving institutional complexity, which further improves organizational resilience for IOPs. By adopting a sequential qualitative-quantitative approach, we conduct research based on empirical evidence to address the issue of resilience of IOPs under institutional complexities. Consequently, this research broadens the perspectives of earlier studies by proposing a shift from focusing on operational conflicts to institutional conflicts and has identified a dynamic stakeholder engagement strategy toward improved resilience. This novel perspective is better aligned with practical reality and provides a comprehensive theoretical framework of governance for improved resilience in the face of institutional complexity.
Save Time With Tools + Templates
This RAID (Risks, Actions, Issues and Decisions) log is a simple, effective way to track events in a project and create an audit trail. It can be dropped into SharePoint or any project repository, and with just a couple of formatting modifications is ready to use immediately.
This simple tracker for software projects logs project status, review summaries, and important events. The sheet maintains resource utilization cost and completion percentages, ensuring that projects are within budget. The simplicity of the presentation helps the template be easily presented to higher management.
This Excel template will help define a rough-cut work-forward timebox schedule based on the start date of a project. See full instructions in the article Start Date Set in Stone? Schedule Using the Work-Forward Timebox Model.
Even as we go through the explanations for each category of the RACI matrix, it is not easy to grasp the nuances between the different categories. Here comes PARK to the rescue! Use this one-deck slide in conjunction with the accompanying article.
Utilice esta lista de verificación antes de comenzar su proyecto de ciberseguridad.
Learn From Others
The rapid growth and interest in artificial intelligence by organizations worldwide has created legal headaches for companies on how AI should be used, especially in project management practices. Is a Project Officer for Ethical AI the solution?
The last few years have been massively stressful, with multiple crises building on each other to create a huge amount of strain, disruption and uncertainty. Now more than ever, PMs need to be resilient. But they also need to be realistic.
The trade-off between project delivery time and quality often depends on the specific requirements and constraints of the project, but this is not always something that’s properly assessed. When push comes to shove and you have to decide, which side should you pick?
The sooner that a PM can recognize that not all delays are created equal—and figure out which ones need action taken—the greater the chance of project success. When do you need to start worrying?
Empathy can help teams work better, and there's a hack for understanding what it’s like to be in the other person’s boots—and that is to try them on! Try this practical way to supercharge empathy and all the good that can come from it.
Risk management is a critical part of any organization’s strategy to help identify and prepare for disruptions. Today, however, companies face more complex and volatile forces than ever. PMI identified several megatrends that are driving the need for a broader approach to risk management.
A temporary mill shutdown project in the pulp and paper industry proved to be a challenge for this practitioner. Read how he utilized communication tools to help optimize efficiencies.
By leveraging artificial intelligence, agile teams can gain greater insights into potential risks, make more informed decisions, and improve outcomes. From identification and forecasting to monitoring and contingency planning, here are four ways that using AI can make a positive difference in agile risk management.
There can be a tendency to treat the stage-gate process as a “necessary evil”—yet another task to check off to get the next piece of funding. It is much better to embrace and work with stage-gate principles. Here's how.
Question: On my annual evaluation, my boss marked me low on risk management. There are so many possible things that could go wrong on a project, I don’t see how I can anticipate all of them. And I’m certainly not powerful enough to keep them from happening. How can I make sure my boss is pleased with how I handle risk at my six-month checkup when he looks to see if I have improved?