Archive for the ‘Risk Management’ Category

Project Management Risks – Questions and Answers (Part 2)

In my previous post, I’ve addressed the first three questions on risk management and here I address the other two and, at the end, provide a list of take-home messages. 4. How many risks should be on your risk log and for how long? It depends on the project size, type, complexity, and any other [...]

Project Management Risks – Questions and Answers (Part 1)

“To save all we must risk all”, Friedrich Schiller once said. If he were a project manager today, he might say, “To save all we must manage all risks”. Books, journals, corporate websites, YouTube, and discussion forums burst of information on risk management, because risk is inherent to every project just like uncertainty is inherent [...]

Brainstorming – Trendy or Not?

It’s popular. It’s a classic. Those who endorse it say it’s an effective technique for generating many ideas but not a standalone method, so it should be used with other creative techniques. Those who criticize it say it generates mediocre ideas that are likely never implemented as solutions to problems. But this 60-year old technique [...]

Preparing for the Inconceivable Risk—Are You Ready for Black Swans?

When rare and extreme events never observed before occur, they have major consequences and sometimes even global impact. World War I, AIDS, 9/11, but also the advent of Internet are all black swans, or extremely rare, unprecedented events with inconceivable consequences. The term black swan was coined by the philosophical essayist Nassim Nicholas Taleb in [...]

Recognizing and Avoiding Project Team Burnout

“Death march projects are the norm, not the exception,” says Edward Yourdon, the author of the Death March, a book about surviving highly stressful, irrational projects in the software industry. Many organizations promote “death march” projects – those with unrealistic goals and schedules – to keep up with the competition in their respective industries. As [...]

5 Reasons Even a Small Project Needs a Project Manager

Why hire a project manager for running a small project? “The team can multitask; they just need to organize their workload.” “The project is simple; the team needs no leadership – they just need to get the work done.” “We can spare no money; a project manager is a luxury we cannot afford.” A project [...]

Fixing a Project that is Behind Schedule

A project being delayed may seem a reason to panic but schedule slippage is not as rare as some might expect. Depending on the project, there may be things that can be done to fix a delayed project. In some cases, however, there is no choice other than cancelling the project. Before listing any solutions, [...]

Project Team Productivity – Problems and Solutions

Team productivity is a source of risk in any project. Low team productivity can trigger other issues, including schedule delays, unsatisfactory quality of the deliverables, low team morale, which, in turn, can all lead to the project’s failure. The project management approach, the project manager’s skills, the changes in project scope are some of the [...]

How to Deal with a Lazy Team Member

Working with people is almost never a simple matter, but it can become even more complicated when the project manager has to deal with a lazy team member. In many cases, dismissing the person from the team is not a possible or acceptable solution. As the project manager, you have to find other ways to [...]

How to Minimize the Risk of Delaying Your Project by a Customer

When it comes to project delays there are several factors that can lead to such situation. The customer is one of them and there are two issues that can be discussed: what to do when the delay already happened and the other how to minimize the risk of happening such a delay. Customer delaying the [...]