Projects are a series of decisions. Each decision should, ideally, be the result of thorough research, counseling from the team and historic data. Project managers use a decision log to keep stakeholders updated on who authorized a decision and how…
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Projects are delicate operations. There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. The risk response…
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Risk is always present in construction projects. By definition, construction risk feels unpredictable and damaging, but you can identify and manage them. You may feel you can control risk in your organization and construction management team—but what happens when you’re…
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In order to understand cost control, you must first understand why it is used: monitoring expenses and identifying risks in order to increase profits. Not to be confused with cost management, cost control has its own set of objectives that…
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When you start the planning process for a project, one of the first things you need to think about is: what can go wrong? It sounds negative, but pragmatic project managers know this type of thinking is preventative. Issues will…
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What is the makeup of a complex project? Complex projects could be viewed as complex due to budget and team size, strategic viewpoints, stakeholder engagement, and impact of dedicated teams doing project based work that may span from one to…
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Jennifer Bridges, PMP, answer the question what is a size project and then how risk can be controlled in that small project. Here’s a shot of the whiteboard for your reference! In Review: How to Manage Risks on Smaller Projects…
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Risk is inevitable, but when leading a project it’s crucial to manage that risk. Jennifer Bridges, PMP, shows you the top 3 ways to track risk. Here’s a shot of the whiteboard for your reference! In Review: 3 Top Risk…
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Not all risk is created equally, as Jennifer Bridges, PMP, shows in this tutorial video. Learn the differences between positive and negative risks in projects and how to create action plans for each. Here’s a shot of the whiteboard for…
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In this short video tutorial, Jennifer Bridges, PMP, explains risk management and how to manage risks effectively on your project. In Review: What Is Risk Management in Projects? Jennifer discussed the definition of risk management and how to create a detailed…
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Implementing risk management into your project is a crucial aspect of project management, even without formal processes established in your organization. Devin Deen outlines tips to improve the success rate of managing risk in your projects. In Review: Plotting and Managing…
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