Why Avoidance Should Be 1 of Your 7 Risk Responses
Why Avoidance Should Be 1 of Your 7 Risk Responses By Harry Hall Earlier I wrote about seven ways to respond to risks. One of the risk responses is avoidance. The focus of this...
Category: Risk Management
Get Rid of Your Project’s Contingency
Get Rid of Your Project’s Contingency By Christian Bisson How many times have you heard this while creating estimates? Or how many times has the thought of doing this crossed your mind? Regardless, contingency...
Common Project Manager Mistakes: #2 We Don’t Have Time for Risk Management
Common Project Manager Mistakes: #2 We Don’t Have Time for Risk Management By Samuel T. Brown, III, PMP, Global Knowledge Course Director and Instructor This article is part of a series. The previous article...
Risk Management… The What, Why, and How
Risk Management… The What, Why, and How By Michael Stanleigh What Is Risk Management? Risk Management is the process of identifying, analyzing and responding to risk factors throughout the life of a project and...
10 Habits of Highly Effective Project Managers
10 Habits of Highly Effective Project Managers By Harry Hall “Risk comes from not knowing what you are doing.” – Warren Buffet Just because you’ve been a project manager since the days of “Gilligan’s...
How to Audit Project Risk Management
How to Audit Project Risk Management By Harry Hall Are your project managers consistently meeting the objectives set by your management team? How do you know if your project managers are following the appropriate...
The Cone of Uncertainty – The Basics
The Cone of Uncertainty – The Basics By Michelle Symonds The Cone of Uncertainty is a well known theory which was developed by Mr Barry Boehm in the early 1980’s. This concept was introduced...
Project Management: How Much Contingency Do I Need?
Project Management: How Much Contingency Do I Need? By Wendy Isaacs Unless you’re managing a project with zero risk (unlikely) then before you can commit to budget or timelines you’re going to need to...
Risk for Today’s Fast Paced Projects
Risk for Today’s Fast Paced Projects By Kevin Engler Short-term fast-paced projects face unique risks that are very different than those faced in longer term projects. Today many projects require hitting market windows of...
Project Management: Identifying Risks
Project Management: Identifying Risks By Luke Miller, Northwest University Identifying and planning for risks should occur at the beginning of a project and be continuously revisited throughout the project. Risk is defined, as an...
