Don’t like bad surprises? Does this sound familiar? It looks like the projects you lead are going well. The project team is moving forward, the reports are showing everything is Green and you’re happy that the business case still holds up to deliver the benefits. Then at the next project board meeting, your project manager […]
Risk Management
Why You Need Project Risk Management Software
Project risk management software is a tool for business that helps you identify, track, manage and close out risks to your projects, programs and portfolio. Normally installed and managed from the PMO, it’s used by project managers and their teams, plus other project delivery professionals in your organization and executives who want to see the […]
How To Get Senior Management Support For Risk Processes
Very few businesses start out with an enterprise or portfolio approach to robust risk management. It’s something that is designed into risk process improvements over time, or managed as a maturity initiative. In other words, implementing risk management is often a project, led by the PMO or project management community. As with all projects, it […]
Why Your Team Should Do Risk Management Training
Why your team should do Risk Management training. Risk management is an approach that allows organizations to improve how projects and programs are managed from start to finish. It’s a way of improving the communication channels across the business, and encourages project teams to be realistic with their estimates and scheduling. Risk management training is […]
5 Ways To Tell That You Need To Improve Your Risk Management
How good is your project risk management? Do you project managers have all the tools they need to really do a fantastic job? You might think so, but look out for these 5 signs that you should be considering how to improve the way your business handles project risk. 1. There Are Too Many Surprises […]
Getting The Paperwork Right – The Risk Management Documents Your Team Needs
Do your project teams have the risk management documents they need to get risk management right? If you’re convinced of the benefits of risk management, then we don’t need to tell you the improvements you can see to your business are significant. But do you teams have the supporting documentation required in order to manage […]
5 Business Challenges That Risk Management Can Help Fix
Project risk management can do far more than simply flag up potential problems. It’s a fundamental way of working that changes how your business and your teams operate. When you have risk management embedded in the way you work, you can use it to break down silos. It can improve communication, engage senior managers and […]
How To Fast Track Your Risk Management Planning
You know that you want to do something to improve how risk is managed across critical business programs, but you aren’t exactly sure what needs to be done. Where do you start with improving your level of risk management maturity? As with many process reviews and continuous improvement plans, it all begins with knowing where […]
7 Impacts of Poor Risk Management (And What You Can Do About Them)
Today we’re facing some hard truths. Poor risk management has the ability to severely impact your business. Whether that’s through a delay to project benefits impacting your revenue and profit streams, or one of the other effects that we describe below, poor risk management is something you can’t afford. Luckily, you don’t have to put […]
Key Roles Involved In Project Risk Management
There are lots of benefits of project risk management, many of which are discussed elsewhere on this site. But ‘risk management’ can be an abstract unless you work with your teams to implement the changes required to deliver on those benefits. When you are setting up new risk management processes, it’s important to get the […]