Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
There have been discussions about what risks a project should own. My philosophy is that my project should focus on risks that are not already managed at the enterprise level.
For example, you could say one of the project risk is the cessation of work due to a natural catastrophe. As a project manager, I would verify that there are already enterprise mitigation and contingency actions in place such as alternate sites, business continuity plan.
At that point, there is very little benefit in retaining that risk in the project register since it is already in the enterprise register, being managed by dedicated risk managers.
How do you handle project risks that are already identified as enterprise risks? Saving Changes...
Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
Aug 04, 2017 12:51 PM
Replying to Vincent Guerard
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Stephane,
Organisation that do project for other build there reputation on project. They also put it at risk in each project.
The risk is an enterprise risk, but most of the risk management need to be done at the project level.
Let say the enterprise have the reputation of delivering project on time. The risk of loosing this reputation stand in each project. It is not one project failing that will breaking that but a series will impact.
Delivering is a responsibility of the project and need to be manage there.
Hope it answer.
If a company has a reputation for delivering on time, would your project not be framed by organizational assets, processes and units to ensure you can sustain and maintain that reputation? I can't imagine the organization would leave it in the sole hands of the project manager to not blow their image.
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1 reply by Vincent Guerard
Oct 01, 2017 8:40 PM
Vincent Guerard
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It need be manage at the project level, that doesn’t mean that corporate don’t check.
The Organisation should check on the project overall performance and top risk on a regular basis.
Saving Changes...
Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
Aug 14, 2017 4:18 PM
Replying to Horace Lindsay
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I agree that your project should focus on risks that are not already managed at the enterprise level. But as the PM, you should also be aware of the Organizational risk, and the likely impact to your project.
Absolutely, Horace. You should not only be aware of enterprise risks, you should be ensuring that they are managed to the level necessary for your project. Saving Changes...
Stephane:
Interesting question;personally I'd focus your role and on the risks related to "your sphere of influence" to manage, mitigate or accept.
It's easy to add more to any project; more oversight, more reporting, more...well you get it. You may be thinking of change vs portfolio, vs program vs project management; the risks would be different in my opinion.
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2 replies by Naomi Caietti and Stéphane Parent
Aug 15, 2017 8:19 AM
Stéphane Parent
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That is our penultimate challenge, Naomi. How much "management" do we want to do of items outside our "sphere of influence"?
There are a variety of homes for risks, including those you listed. The tricky part is the organizational risk awareness.
Aug 15, 2017 4:34 PM
Naomi Caietti
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Pretty much the same response; focus on your role. Are you a project, program, portfolio or PMO manager? Your role, focus, responsibility, accountability etc that you are charged to perform in your organization will allow you to focus on specific processes and procedures that benefit the entire organization.
Saving Changes...
Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
Aug 15, 2017 2:35 AM
Replying to Naomi Caietti
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Stephane:
Interesting question;personally I'd focus your role and on the risks related to "your sphere of influence" to manage, mitigate or accept.
It's easy to add more to any project; more oversight, more reporting, more...well you get it. You may be thinking of change vs portfolio, vs program vs project management; the risks would be different in my opinion.
That is our penultimate challenge, Naomi. How much "management" do we want to do of items outside our "sphere of influence"?
There are a variety of homes for risks, including those you listed. The tricky part is the organizational risk awareness. Saving Changes...
Stephane:
Interesting question;personally I'd focus your role and on the risks related to "your sphere of influence" to manage, mitigate or accept.
It's easy to add more to any project; more oversight, more reporting, more...well you get it. You may be thinking of change vs portfolio, vs program vs project management; the risks would be different in my opinion.
Pretty much the same response; focus on your role. Are you a project, program, portfolio or PMO manager? Your role, focus, responsibility, accountability etc that you are charged to perform in your organization will allow you to focus on specific processes and procedures that benefit the entire organization.
...
1 reply by Stéphane Parent
Aug 15, 2017 8:12 PM
Stéphane Parent
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Reminds me of Neal Whitten's idea that we can only be responsible for our assigned domain, nobody else's.
Saving Changes...
Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
Aug 15, 2017 4:34 PM
Replying to Naomi Caietti
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Pretty much the same response; focus on your role. Are you a project, program, portfolio or PMO manager? Your role, focus, responsibility, accountability etc that you are charged to perform in your organization will allow you to focus on specific processes and procedures that benefit the entire organization.
Reminds me of Neal Whitten's idea that we can only be responsible for our assigned domain, nobody else's. Saving Changes...
If a company has a reputation for delivering on time, would your project not be framed by organizational assets, processes and units to ensure you can sustain and maintain that reputation? I can't imagine the organization would leave it in the sole hands of the project manager to not blow their image.
It need be manage at the project level, that doesn’t mean that corporate don’t check.
The Organisation should check on the project overall performance and top risk on a regular basis. Saving Changes...
