Every project carries risk, no matter how hard you try to avoid it. But risk doesn’t have to lead to failure. With some foresight and planning, you can get a handle on project risk before it upends your success. Let’s take a look at different types of project risk to look out for and walk through
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Looking for a Project Management Information System (PMIS) can be overwhelming. This guide will help you navigate the process of what to look for in a quality, robust PMIS. Note that sometimes PIMS, project information management system, is used interchangeably with PMIS. First, it is critical to conduct an internal audit of what systems and processes
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Whether it’s investors or customers, stakeholders are important to every project. But what is a stakeholder? There’s more than one answer to that question. Let’s take some time to define what a stakeholder is, examples of stakeholders and free stakeholder templates that can help with stakeholder management. What Is a Stakeholder? A stakeholder is either an
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Techniques and Tools for Project Management Project managers have many techniques and tools to control schedules, manage dependencies, handle changes, and mitigate risks. It’s important to distinguish between techniques and tools. Understanding the technique is crucial before using a software tool. The ability to use a tool does not necessarily indicate detailed knowledge or effective use
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There’s a long list of things that can make a project go sideways, and a poorly defined scope document (or even lack thereof) is surely at the top of that list. Maybe you don’t know what a scope is, and that’s okay. In fact, not all organizations require scopes for projects, so crafting project scope documents
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Initial Client Vision At the start of any project, the client usually has an idea of what the project should achieve. Sometimes this idea is vague, and other times it is clearly defined. The benefits might be clear, but the method to achieve them might not be, and vice versa. Importance of Gathering Requirements Regardless of
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Project Management Processes Monitoring Planning starts in the early stages of a project, but ongoing monitoring is essential. This ensures the project stays on budget and schedule, resources are available, and expected benefits are delivered. Estimates, deadlines, and milestones may need adjustments as the project progresses. Control Every project faces problems, but the project manager must
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