Tag Archives: Risk Management
Risk Management Professional (PMI-RMP)® Exam Prep
A Model to Develop and Use Risk Contingency Reserve
Risk Management For Projects
Advanced Techniques in Risk Management
Understanding and Overcoming IT Project Risks [Infographic]
![](https://refinem.com/wp-content/uploads/2016/10/IT-Project-Risks-Infographic-1-120x300.png)
Many high-profile IT projects face their own risks and challenges from conception to the final stages. Perhaps the addition of technology into the mix makes these projects particularly challenging, but if project managers and teams are not careful, all of their hard work could result in a failed project and disappointment from all involved. When considering management of IT projects, two questions must be considered: How and why do IT projects fail, and what can you do to prevent this failure? In this blog post and infographic, we explore the top four types of IT project-related risk factors to look out for and provide strategies to put in place that will help your teams overcome threats to your IT projects.Continue reading
Five Ways to Foster Project Management Innovation
![Team meeting to try innovative ideas](https://refinem.com/wp-content/uploads/2016/09/RefineM-Blog-Five-Ways-to-Foster-Project-Management-Innovation-300x200.jpg)
Project teams have a lot to deal with on projects. They will have to navigate multiple problems, such as risks becoming issues, costs exceeding budget, and schedules slipping, on any given project. The top notch project managers and teams are skilled and experienced at coming up with innovative solutions to these problems. How can any project manager or team acquire this skill? In this post, we describe five ways to improve creativity on project teams to foster project management innovation. These steps range from building the foundation through organizational structure and culture to trying out agile practices.
Essential Agile Processes Part 8: Risk Adjusted Backlog
![Image of two agilists discussing the project risks](https://refinem.com/wp-content/uploads/2015/06/risk-adjusted-backlog_rsz-1.jpg)
On a project, risk management means identifying, planning for, and monitoring for risks that threaten to derail the project’s schedule, budget, or scope. In agile, the risks threatening the scope take on greater dimension, since the scope is flexible. Risks on agile projects hinder the ability to deliver value to the customer by keeping the team from being able to accomplish key tasks. In this blog post, we will look at the risk-adjusted backlog and how to apply it at each level of the agile project.
Tips and Tricks for Passing the Risk Management Professional (PMI-RMP)® Exam
![Photo of a student studying for the PMI-RMP exam.](https://refinem.com/wp-content/uploads/2014/01/pmi-rmp_rsz-300x150.jpg)
The Project Management Institute Risk Management Professional (PMI-RMP)® certification is geared toward project risk managers. Attaining this certification shows that you can describe and apply the principles and tools of risk management. You will need to study Chapter 11 of A Guide to the Project Management Body of Knowledge (PMBOK® Guide), and other sources to prepare for the exam.
Understanding and Overcoming IT Project Risks
![Photo of a man working on IT project risks.](https://refinem.com/wp-content/uploads/2013/09/it-project-risk_rsz-300x200.jpg)
IT projects carry with them many risks. Because technology constantly evolves, companies must keep up in order to remain competitive, so the risks are often necessary to face. When initiating, planning, executing, and monitoring IT projects, two questions must be considered: first, how and why do IT projects fail? Second, what can your company do to prevent this failure?
What’s Your Way to Perform Project Risk Management?
![Photo of two team members working on project risk management.](https://refinem.com/wp-content/uploads/2012/06/risk-management_rsz-300x200.jpg)
Do you practice project risk management in your projects? How do you do it? Let me share how I, CEO and Founder of RefineM, NK Shrivastava perform risk management on my projects.