Want to play a part in reducing enterprise risk? Run a legal and compliance project—and keep these nuances in mind to be successful.
Conversations in Risk Management
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The PMI® Organizational Agility Conference returns bigger and better than ever as we examine evolving approaches to resilient value delivery! To remain relevant in the VUCA world, organizations and delivery professionals need to build change resilience—the ability to remain in a state of change while delivering value. This virtual conference will explore the concept of change resilience with professionals who are driving it within their organizations—and those who are living it as part of their own development.
Risk, cybersecurity, artificial intelligence, the Internet of Things—as technology transforms project management, PM professionals are either ahead of the game, or falling behind. Stay current and competitive with the 2017 PMI Information Systems & Technology Symposium. Exclusive to PMI members, this free, virtual event delivers a full day of intelligence on innovation and its impact on your PM career. • Gain insight into the tech-driven trends disrupting our industry, without leaving your desk • Network with the PMI global community while developing the skills organizations are looking for today—and tomorrow • Earn 6 PDUs • Get actionable intelligence you will not find anywhere else, tailored specifically for project and program managers Register today— Here are more details on sessions and speakers.
Overwhelmed by how technology is transforming project management? Looking to increase your productivity and learn new tech tools but don't know where to begin? No matter what your focus—medical, manufacturing, product design or otherwise—this virtual day of learning will deliver years of enduring value, with exclusive insights on how project managers are using new technologies.
The webinar discusses the importance of keeping up with emerging trends in risk management for successful project delivery, especially in the current Experience/Post-Knowledge Era. It highlights the constantly evolving nature of risk management and the need to stay ahead of emerging risks. As part of the learning goals, participants will learn trends in areas such as strategic risk management, AI use, data-driven risk management, project resilience, and risk assessment and mitigation strategies. The webinar aims to empower project managers with the knowledge and skills to effectively detect, understand, and respond to emerging risks, enabling them to deliver projects on time and within budget while minimizing risks.
Too many project leaders think rigidly about Waterfall and Agile project management methodologies and believe they must choose between the two. But many projects — especially those with diverse stakeholder needs and complex structures — benefit from a hybrid approach that combines aspects of Waterfall and Agile. The rise of hybrid methods isn’t tied to a particular time or event; instead, they have evolved organically as a response to the needs of modern, complex projects. A review of the key components of Waterfall and Agile allows project leaders to select among them to build a hybrid approach based on the unique demands of each project.
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
Key to managing risks, assumptions, issues and dependencies (RAID) effectively is not just understanding each concept—it’s truly internalizing how the concepts interrelate. Here we look at three more elements of the RAID 101 Model.
Disruptive risks are growing in significance and impact, so mitigating or transferring risk entirely is no longer going to be enough. How does our approach to risk need to evolve?
Most project managers excel at identifying risks. But how well do they mitigate and manage them? We need adaptability and resilience—for ourselves, our teams, and our organizations. While many people think these traits are the same, they are not.
Key to managing risks, assumptions, issues and dependencies (RAID) effectively is not just understanding each concept—it’s truly internalizing how the concepts interrelate. The RAID 101 Model can help.
If risk is going to become part of organizational culture, then it needs to overcome its image problem. It needs a rebranding, because no one wants to associate their culture with something fundamentally negative.
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?
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?