I have found the Crawford Slip Method (CSM) a simple and powerful tool for analyzing risk that has the side benefit of supporting team building. This method is an easy way to identify risks with minimal amount of required time, equipment, and training. This article examines some of the aspects of CSM and some from the nominal group technique, which includes the group review and ranking of the answers.
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The health of the global economy affects the health of your projects. A grasp on economic trends can help project professionals stand out by proving they can help navigate the chaos and improve the bottom line. Three trends are making waves in the business arena, and forcing project leaders to take action.
Project management techniques can ensure that a facility closure is completed effectively, with economically, environmentally and socially responsible outcomes. Applying risk management processes assures the right set of strategies are incorporated into the project execution to respond to possible risks.
CIOs holds the key in establishing IT as a part of the strategic business plan, which can help drive initiated changes across the organization. However, CIOs must also focus on maximizing outcomes with results in order to dramatically change the perception and actual value of IT in the eyes of the business.
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.
The effective handling of all project issues, risks, and actions by a project manager and/or project management office (PMO) is one of the more important daily responsibilities. Good performance in this regard is a critical PMO success factor. The author proposes some "best practices" for conducting review sessions to collect, record, and address these issues, risks, and actions.
Proactively managing risks during the different phases of a project can have a significant impact on the project’s outcome. Explore four key factors that can help alleviate the workload of the project management team and lead to better project results.
When evaluating the acquisition of a company, many organizations emphasize the financial aspects but downplay facets of the consolidation dealing with project execution. This paper examines the major considerations and discusses how to improve the integration process to avoid negative impact.
Frustrated with qualitative analysis? Annoyed with all of those boring columns? The bow-tie method can help you better understand issues and risks.
Failure to learn from mistakes--and from each other--can cost organizations dearly. Learning and adapting are hallmarks of good project management and of functioning organizations. Making mistakes is not a problem--it's how we learn.