Project risk management
A guide to SWOT analysis in project management
Project management is an ever-evolving field that requires a thorough understanding of various methods and techniques to ensure the successful completion of projects....
Project assumptions: What they are and why you should...
Project assumptions are part of every project management cycle. Project managers assume that they’ll have the appropriate budget and talent to complete the project on...
4 steps for creating a risk breakdown structure
No risk, no reward. Most projects in business involve a degree of risk, but we’re always hopeful it’s worth the payoff. Sometimes though, when risks evolve into...
The importance of looking ahead with impact analysis
Project and business success and longevity are directly related to the decisions stakeholders make. In times of crisis or transformation, the stakes of making the right...
Prepare for risks with a RAID log
Have you ever been in the middle of a project just to face challenge after challenge? If so, you’re not alone. Unfortunately, too many challenges can make it...
Fallback plans and their role in a project’s...
In any project, there’s an element of risk. Some risks are things you can plan for in advance, while others are harder to anticipate. A good project management...
Risk owners — what do they do?
Even the most well-crafted projects entail a certain degree of risk. Because project risk is inevitable, project managers should do everything within their power to...
How an impact effort matrix can help you prioritize...
Something entrepreneurs and project managers frequently grapple with is how to best spend their time and resources. For example, is it better to focus on low-impact...
RAID Logs: How this powerful project management tool...
Even the most experienced project managers contend with circumstances that inflate budgets, delay deliverables, and even derail project progress completely. When...
Everything you need to know about mission-critical...
As a project manager, you’re responsible for keeping your project moving forward smoothly. However, at any moment, a mission-critical loss could occur, threatening...
The Delphi technique explained
Collective intelligence, the underlying concept of the Delphi technique, is knowledge born from a group. It’s often accepted as outperforming knowledge derived from a...
Risk Analysis in Project Management
Risks are inherent in any business or project activity, and good project risk management helps you approach each step with an eye toward what might go wrong so you can...
Identify project challenges with a free issue log...
Project management is a complex job that requires you to steer a team towards achieving desired outcomes. However, successful project management also means identifying...
Cost-benefit analysis template for better...
Cost-benefit analysis helps project managers identify the balance between project strengths and weaknesses to make better-informed decisions that increase project...
How to write a business continuity plan template
To avoid the common pitfalls associated with growing a successful business, you’ll need to come up with a long-term plan. A business continuity plan template can help...
The ultimate guide to risk assessment
It’s risky to jump into a wingsuit and glide over the Grand Canyon no matter what — but just how risky? If you’ve been skydiving before, perhaps that risk...
4 practical risk mitigation strategies for your...
As humans, we’re used to assessing risks; it’s part of our survival mechanisms. But limiting risk — also called risk mitigation — impacts whether a business...
10 common project management challenges (and how to...
Managing a project is a bit like completing a Rubik’s cube — you have to keep several elements of the project at the top of your mind, while also considering...
What is the RACI Model?
Project management is constantly evolving in its technology and trends, from RACI to Gantt and back. It’s no wonder that sometimes it feels like a Pandora’s box of...
5 steps to a foolproof project with a risk management...
Picture this: You’re halfway through a crucial project with your team. Things are moving along nicely, and you can’t wait to update your boss. But then, the...
What is a Risk Register? [+ Templates]
What exactly is a risk register? Project management experts say it could be one of your first lines of defense against the staggering statistic that somewhere between...