PMO risk review routine
Managing Risk is a very important task for the project manager and PMO. Unfortunately, in many cases, effort is spent at the beginning of the project to identify and document the potential. Then the Risks are filed and never reviewed. Whereas what the project manager and PMO should be doing is constantly reviewing the Risks…
PMO risk management plan
If you ask a project management what are their responsibilities, very high on the list will be the identification and management of risks. The reason being that risks have the ability to derail the best laid plans of a project. This statement is true. Risks have a nasty habit of becoming issues that impact the…
5 steps to write a good project risk
If you take a moment to review most risk logs, on closer analysis you will find that the quality is variable at best. The reason is that many project teams do not put the appropriate time and effort into capturing and managing project risks. Unfortunately many see the process as a “tick box exercise” that…
Project risk management
he post How to identify project risks, covered a number of techniques to identify risks. Like with most things in project management, management of project risks is not a “one-off” event that you complete, tick the box and then file. In order to effectively manage risk, you must have active project risk management. In order…
How to identify project risks
PMO Risk Identification If you was to ask project managers or PMO practitioners what are the common causes for project failures you would probably get responses such as “scope creep”, “incorrect estimates”, “late delivery of functionality” and many more. What these and the other causes will have in common is that they are all issues…
PMO assumptions
It is typical that when a project or programme is being planned, that the project manager has to make a number of assumptions in order to create the initial project schedule, budget, resource and benefit profile. The reason this is necessary, is that in the early stages, a lot of the detailed analysis will not…
PMO risks and issues
This blog post will share thoughts on how to make PMO risks and issues real for stakeholders so that they take them seriously and take action. Context Most PMO managers and project managers know that it is part of their responsibility to identify and manage the risks and issues. The reason for this is that…
Project risk, issue and assumption management
For any project it is important for the project manager to capture and manage all of the risk, assumptions, issues and dependencies (known as RAID management) for the project they are running. If they do not then they are not doing their job properly. At this point it is worth clarifying the difference between an…
