Does your portfolio seem to be full of nothing but high-risk, can’t-fail projects? You aren’t alone. Our project portfolio management consulting services include working with clients concerned their portfolios are risk heavy. But a thorough evaluation may reveal you aren’t as overwhelmed with risk as you think. Instead, the methodology used to measure and review…
Project Risk Management
7 Risks of Big Projects
December 13, 2019 by
Big tasks can be difficult to execute, but what about big projects? Maybe it’s an initiative that extends for several years, or an effort that encompasses far more stakeholders and functional groups than usual. As a PM, you’re probably eager to stretch your skills and gain new expertise, but sometimes big projects come along that…
4 Reasons Your Executives Don’t Take Project Risks Seriously
February 14, 2019 by
Risk management is a tremendously important element in moving a project from conception to planning to a successful completion. However, the executives and the project team don’t always deal with risk factors the same way. Some groups and organizations are more comfortable with risk, others want to avoid risk whenever possible. Using a single project…
Identify Which Top-Priority Projects are At Risk
August 24, 2018 by
Are any of your high-impact, high-visibility, can’t-fail projects at risk? Hopefully the answer is“no,” but if you don’t know for sure, now is the time to reevaluate how your team measures and reviews the health of your project portfolio. Most organizations have a process in place for reviewing individual projects. That usually translates into a monthly…
Managing Sensitive Projects: Include These Skills On Your Team
February 8, 2018 by
Now and then an organization may encounter sensitive projects. It might be confidential internally, such as initiatives that will result in the relocation of a portion of the company or lead to a reduction in the overall workforce. On the other hand, projects could be sensitive outside the business because they are intended to change…
The Case Of The Disappearing Resources
April 13, 2016 by
Project teams rely on all sorts of resources, from contract labor to inter-departmental assistance to external expertise, and raw manufacturing materials to leading edge communication technology. Defining the necessary levels for each resource, justifying them, and managing their use across the project life-cycle are all carefully cultivated skills. Unfortunately, even the savviest PMP® can sometimes…
