Do project managers really need to plan for project activities? Is it really worth the effort? What do we lose if we simply execute the project? When a PM practices agile and DevOps, do they still need to plan, or do these discourage it? Here, the author reinforces the power of planning.
Connect In Person
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.
In today’s environment with pressures for business value and growth, increased profit, and enhanced accountability, organizations must address the proper management of project risks in order to succeed. In order to ensure this occurs, Project Managers and their staff must clearly understand industry risk management best practices, techniques, and critical success factors to achieve success.
A project goes through various levels of interaction between multitudes of people, with different skill sets competing interests and also involves planning, scheduling, and coordination of a wide range of both independent and interrelated activities. In addition, the influence of external factors requires this industry to solve complex environmental issues.
Introduction webinar for March 2017 Book Club: How to Manage Complex Programs by Tom Kendrick
Save Time With Tools + Templates
It is highly recommended to regularly revise existing risks and identify possible news ones during the life cycle of the project--and apply possible responses whenever necessary. These worksheets contain a risk sheet and its accompanying graph sheet; a response plan sheet; and a control sheet. This template is one in a total of 14, together forming a comprehensive set for project management aligned with the methodology explained in A Guide to the Project Management Body of Knowledge (PMBOK® Guide).
Need help keeping track of costs for items in various categories of your work breakdown structure? Use this simple Excel sheet to help produce a quick analysis.
Statistical PERT® (SPERT®) is a freely licensed, probabilistic, estimation technique. Use Statistical PERT to estimate uncertainties that have bell-shaped risk properties, like: task duration, work effort, revenue, expenses, agile story points, project portfolios, event attendance and more. Use in conjunction with the article Getting Beta with Statistical PERT.
This presentation template is a formal customer-facing status report used for medium to larger projects, or for reporting multiple projects with the same stakeholder audience.
Learn From Others
We’re all trying to move forward with our projects and programs, but sometimes you need to take a giant leap forward. Jumping ahead isn’t easy, but it can be accomplished if done correctly.
A lot of team stress is caused by a disconnect between expectations and reality. How can a project manager balance a positive environment with realistic expectations?
The popular managerial acronym VUCA (volatility, uncertainty, complexity, ambiguity) can be useful in identifying and categorizing risks, but a complementary framework known as VUCA-Prime is more helpful in shaping appropriate responses to those risks by focusing on vision, understanding, clarity and agility.
How can we make sense of complexity in our pursuit of project success? It's easy to become overwhelmed by analysis paralysis. Unfortunately, the processes we use sometimes discourage problem solving. That's why you need three keys to unlock complexity and move on to project success.
Managing risk is not exclusively about minimizing it. Risk is also about maximizing rewards. Here, a lead project manager shares some thoughts on “playing it safe” to stay on track and avoid issues versus “taking a plunge” to pursue an unexpected opportunity.
El proceso de gestión de riesgo consta de 5 etapas que son cíclicas y que deben ser revisados de manera frecuente dado que las condiciones de los riesgos pueden cambiar en cualquier momento.
To be a more valuable partner for your sponsor, and be a more sophisticated project manager in general, start using a more consultative approach. The questioning mindset and constructive problem solving of this approach uses tactics that start at your earliest entry into the project.
Some risks are not easily identified. Technical Interpersonal Risk (TIR), the complexity of managing technical projects wherein there is a significant reliance on subject matter experts (SMEs), fits neatly into that category. Awareness of potential impacts and mitigation strategies can help your project go much more smoothly.
Government agencies have recently found themselves asking questions about cybersecurity threats that they had not previously anticipated. In response, program managers must carry out a mandate of ensuring cybersecurity compliance while remaining on-budget. This paper seeks to provide answers and strategies while examining impact to schedule and budget.
Like project managers, weather forecasters predict, or forecast, what will happen in the future. But they have an advantage over most PMs when it comes to estimating future uncertainties. Weather forecasters forecast the future more than they predict the future, and forecasts are superior to predictions for aligning stakeholder expectations and improving stakeholder decision making.
Ask a Question