Author: haroonkhan
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Key Risk Management Principles
A proactive management philosophy underlies the key principles of project risk management. By effectively managing project risks using these principles, a project manager remains in control of the project at all times, enables better project decisions, and provides the project the best opportunity for success. The key principles to managing project risks include the following:
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Introduction
Managing project risks is the ultimate in proactive project management. It is the project manager’s radar system. The goal of project management is to achieve the project’s critical success factors, including meeting the targeted business objectives and client expectations. The goal of managing project risks is to identify and prepare for any potential threat to…
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Options for an Issue Log
Let’s take a look at the available tool options for your issue log. The most popular options are word processor, spreadsheet, database, and collaboration/workflow tools. There are advantages to each, and each can be appropriate in the right scenario. Table 13.2 provides a comparison summary for your issue log options. Caution Complex issues tend to linger and…
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Key Features of Issue Management Systems
The actual details of the issue management system are not complicated, and in most situations they share many similarities with your change control system and risk tracking system. Although issue management systems vary in complexity and sophistication depending on your organization and the needs of your project, all issue management systems should possess the following…
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The Goals, Objectives, and Principles of Project Issue Management
Managing project issues is an example of proactive project management. Through solid planning, effective stakeholder management, and insightful risk management, you can reduce the number of issues your project will encounter, but you cannot eliminate them. The goal of project issue management is to detect issues as early as possible. The earlier an issue is…
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The Goals, Objectives, and Principles of Project Issue Management
Managing project issues is an example of proactive project management. Through solid planning, effective stakeholder management, and insightful risk management, you can reduce the number of issues your project will encounter, but you cannot eliminate them. The goal of project issue management is to detect issues as early as possible. The earlier an issue is…
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Introduction
Projects are dynamic; projects often deal with the new and the leading edge; and projects involve people. As a result, circumstances change, misunderstandings occur, assumptions don’t hold, political agendas collide, problems arise, and risk events happen. These situations are categorized as project issues, and they all have the potential to adversely affect the project’s capability to…
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Common Challenges and Pitfalls
We’ve addressed the challenges you will have on your project if you do not have a CM Plan, but even with a CM Plan, there are still some remaining pitfalls that you need to be on the lookout for: The Absolute Minimum At this point, you should have a solid understanding of the following: The…
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Configuration Management Plan
The Configuration Management Plan (CM Plan) is first defined during the project planning process and is part of the overall project plan. Like all planning documents, the level of detail included in the CM Plan should be consistent with the risk levels, compliance requirements, and composition of the project team. As a guide, Table 12.2 lists the…
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Identify, Protect, and Track: The Principles of Managing Work Products
Managing project work products is a strong example of the preventative aspects of project control. If you have a solid process in place, and you are using it, everything rolls along as expected. It’s only when you have a gap in this area that it attracts attention from stakeholders—generally unwanted attention. The principles of managing…