Do you know the difference between event and non-event risks? The PMBOK© 6th Edition now takes a major step forward in its treatment of risk. It does not only address a wider range of Uncertainty than the simple event, but also acknowledging the necessity to integrate project risk management with enterprise-wide risk management. This article […]
When we speak of project risks, we usually mean the risks that threaten an individual project or its objectives. However, if you look at the project landscape of a company, this is only one category of project risks. But project risk management does not only take place in projects themselves, but also at project portfolio […]
Are your project stakeholders helping or hindering your project’s success? Stakeholders can significantly influence your project’s outcome, and not always in the ways you’d expect. While they can provide essential support, they also pose considerable risks if their interests or expectations are misaligned with the project’s goals. Identifying and managing these risks early on is […]
In my opinion, Risk Management is one of the most neglected topics in Agile Projects. In an earlier article, I showed you why Risk Management is also necessary for Agile projects. In this article, you will learn how to implement Risk Management in Agile projects, and what you need to pay attention to. Every Scrum Master, […]
A project without risks and problems exists as little as a life without death, because projects are by definition risky and associated with problems – and this is also the case with agile projects. With risk and problem management, project management offers effective tools for meeting these “challenges”. However, I notice repeatedly that the difference […]
Project risks are often ignored. But this is not only the case with projects. On 11 March 2011, an earthquake and a tsunami struck Japan. At the Fukushima Daiichi nuclear power plant, a triple core meltdown occurred. More than six years after the nuclear catastrophe in Fukushima, Japan, former top managers of the nuclear power […]
In Risk Management, you define actions that prevent risks from occurring, or you use the actions to reduce the impact if the risks occur. However, if the defined actions do not work, or work too little, then you are at the mercy of the impact of the risk. To prevent this from happening, it often […]
The risk matrix is one of the best-known elements in risk management because it is simple and gives a quick overview of the risk situation of your project. However, many users are unaware of the special characteristics of the risk matrix and therefore do not take full advantage of it. Perhaps you will find one […]
Projects fail because of risks that have become a problem, and this is also the case with Agile Projects. Risks should therefore also be a topic in Agile Project Management. In Agile Project Management one tries to reduce administration to a minimum and one assumes that already the agile method reduces risks automatically considerably. For […]
Approximately 70% of all projects end well above the defined budget or deadline or do not deliver the originally defined features or functions. What is known about failed projects is often only the tip of the iceberg. An important point that is responsible for this: little attention is paid to the initialization phase of the […]