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Showing posts with the label risk management

No Mistake Is Beyond Fixing—If You Own It Early: A Project Manager’s Perspective on Risk Management

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  No Mistake Is Beyond Fixing—If You Own It Early: A Project Manager’s Perspective on Risk Management In the dynamic world of IT project management, risks are inevitable . Whether it's a misaligned scope, underestimated timelines, or unforeseen technical challenges, the true test of a project manager lies not in avoiding risks altogether but in recognizing and addressing them promptly .  Project Management Institute Watching this video about the Citicorp building in New York, it does bring home the importance of integrity and owning the mistake early as well as to be able to drive the necessary changes to resolve the issue. The Power of Early Risk Recognition Identifying risks at the earliest stages of a project is paramount . Early risk awareness facilitates proactive risk management, enabling teams to allocate resources effectively and develop mitigation plans . This proactive approach allows for informed decision-making and timely adjustments to project plans, schedules,...

Occupation Hazard : Event BCRP review

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  Having been in a project management role for some time, focusing on release planning and execution, I seem to automatically analyze the planning behind every event I attend. You could call it an occupational hazard. Last weekend, while attending a Dance Day event at a local mall, I found it peculiar that the event was situated in the middle of the main ground floor corridor. Although this provided a good, layered viewing deck for the upper floors, it seemed counterproductive to block the flow of people entering the mall. Considering the heavy downpour the night before, I suspected that this was their contingency plan to host the event indoors, due to the risk of further rain. Typically, their events are held in two main spaces: one outside and another in the main atrium. It was curious that they didn't hold it in the main atrium, which seemed like the most logical location. Even if another event was scheduled for that space, the layout suggested that it wouldn't have been too...

Robert Green a PMs nightmare

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Every PM will have this nightmare of things that can go wrong in a project. Just like Robert Green in England's opening match with the USA in this year's World Cup finals in South Africa. At a crucial point, when everything was looking good for the England team, Robert Green made a tragic error and allowed an equalizer for the US which turned out to cost the England team their 3 points for the match. In every project, there will come a time when someone will drop the ball. What happens next is the crucial part. Rather then focusing on the event that caused the ball to be dropped, the PM will need to rally the team and help them to move on to complete the project, no matter how critical that event was. This is something that should be learnt from this match as this happened relatively early in the match and there was still plenty of time to rectify the situation. As a project manager or captain of the team Steve Gerrard should have rallied his troops and step up a gear to ...