Have you ever felt like the universe was conspiring against your project? Picture this: Your key vendor suddenly declares bankruptcy on a Tuesday. By Wednesday, your lead developer—the only person who understands the legacy code—calls in sick with a two-week flu. This is what we call the “Perfect Storm.” For most project managers, this is […]
You and your team have identified and prioritized risks. Some of those risks require you to take action. You need to respond. Let’s consider the types of responses you might use. When a project threat is beyond your team’s authority or scope, the best strategy is to escalate it. This means informing the appropriate higher-level […]
Why perform two kinds of risk analysis? And if you do, what is the expected outcome from these two forms of analysis? If you are unclear about qualitative risk analysis vs. quantitative risk analysis, this is the video for you. This quick explanation will set you straight and ensure that you and your team have […]
We’ve all been there – you kick off a new project feeling excited and motivated. The project plan looks solid, the team is ready, and the stakeholders are eager to see results. But then, a few weeks in, things start getting a little turbulent. Issues start popping up left and right, the schedule gets thrown […]
As Theodore Rubin said, “The problem is not that there are problems. The problem is expecting otherwise and thinking that having problems is a problem.” This quote serves as a reminder of the importance of risk management. In any project or endeavor, it is natural for issues to arise. However, instead of being surprised or […]
Accept the fact that your project plans will change. Risks that become a reality are a type of change that you will experience. Move forward confidently knowing that you will have a plan.
“Everything in life has some risk, and what you have to actually learn to do is how to navigate It.“ – Reid Hoffman No project is without risks. It is all in how you handle those risks. And the place to start is at the very beginning. The minute that a project idea is discussed […]
Have you ever had a great idea, a way to improve a product, service, or process? How receptive was your project environment to taking it seriously? Of course not every idea is equally feasible or even productive. Sometimes there are very good reasons to resist innovation. More often in my opinion, new ideas get squashed […]
Guest post by Mike Clayton Why Every Project Manager needs to Understand Risk Project management is a discipline born from necessity.? If projects were not so challenging, we wouldn?t need a separate toolkit and processes.? But we do need them, because when we try to create change under constraints like schedule, performance and budget, we […]
Guest post by Travis Anderson Earn PDUs while learning how Oracle Primavera is adamant about riding the world of project failure. Get started by visiting the registration screen at Oracle Primavera Enterprise PPM Virtual Summit. http://vshow.on24.com/vshow/primavera2010/#home Once you get your login information, go to the Auditorium and watch Joel Koppelman, Sr. VP & GM of […]