Risk management has been taking a backseat to project management. Finding an effective way to manage both processes harmoniously side by side has been a problem…until now.
What is project risk management?
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Oftentimes, project managers are talking about risks and it seems that no one is listening. Learn to use the risk management process to affect the project in a positive way using these four guidelines.
Why do so many project managers fail to deal with risks on their projects? In this article, we examine some of the reasons and explore some ways to tackle the problem.
Few project leaders want to spend the up-front time and money to actually put together a risk management plan, but it truly needs to be your first step in effectively managing risks on your project. Your planning needs to include four steps in order to be effective and in order to be a "sellable" tool in your PM process.
Organizations consistently fail to recognize the importance of real program management, and they suffer as a result. A program is not just a tool to group projects, and it's being isolated with no real understanding among organizations on how to generate value from it as a discipline in its own right.
All future events come with some degree of uncertainty. When the uncertainty affects the outcome of the event in a negative manner, it is considered a risk. The ability to quantify the likelihood of the risk’s occurrence with the monetary value of its impact is a major goal of Risk Management (RM).
We often have questions about relating traditional PM practices to Agile practices. This is especially true in the area of risk. In this one hour webinar, Greg will cover traditional risk management techniques and contrast them to the Agile risk management practices. Areas covered include BURP (Big Upfront Risk Planning), daily risk management, and team involvement in risk identification. You will learn how to use traditional risk management in harmony with an Agile lifecycle and how to perform risk management at a level that minimizes waste and over-planning.
We will look at project risk management from two perspectives: management level risk and project level risk. Management level risk is created when scope, cost, schedule and quality are constrained. Identifying and dealing with management risk is covered in the presentation. Project level risk is all the bad and good things that can go wrong on a project. The presentation will highlight the risk management process and key concepts. Several easy to use tools will be described to help project managers plan for and mange risk on their projects. The presentation will conclude with a short explanation of project unknown risks and how to plan for them.
This presentation introduces the new concept of “risk energetics” to explore the reasons for poor risk management performance.
Managers who are more knowledgeable and experienced in risk management methodology are highly valued and more marketable in the workforce. By obtaining the PMI-RMP® (Risk Management Professional) certification, an individual will stand out as one of those prized project managers. This presentation will discuss the necessity for good risk management skills, the benefits of the PMI-RMP® certification, and some tips and tricks on how to obtain the certification.