There continues to be a lot of chatter and skepticism about the use of social media in general and on projects in particular. Articles abound with viewpoints pro and con. We see personal career disasters like the recent use of Twitter by Congressman Anthony Weiner. Yet the fact that social media applications like Facebook and Twitter are compelling to the point of addiction is undeniable. The first news of Bin Laden was heralded not on television or radio, but via a…Continue
Posted on June 8, 2011 at 5:56pm
So often in advanced project management circles we talk about rigorous, complex tools, processes and methods which allow us to tackle the most difficult projects. We acquire and train ourselves with the latest version of tools such as Project server or Primavera. We become the champions of developing a myriad of rich artifacts from charters, scope statements, and work breakdown structures to schedules, budgets, communication plans, and risk registers. We are prepared to employ…Continue
Posted on May 4, 2011 at 2:11pm — 1 Comment
In my last article on risk, I discussed qualitative and quantitative analysis which allows a team to assess probability, impact, and monetary value of the risks identified. This allows a project team to develop priorities for those risks that require further planning and threat mitigation or opportunity realization strategies. In this article we’ll discuss how to develop risk response strategies for those risks that make the cut.
Defining Thresholds: First off,…Continue
Posted on March 11, 2011 at 3:19pm — 1 Comment
In my last article on risk, I introduced how to get started with project risk management through risk planning and identification. In this article we’ll discuss how to evaluate and prioritize those risks for action through qualitative and quantitative risk assessment.
Qualitative Analysis: During risk identification, the focus was on quantity – identifying as many as possible. But not all the risks identified merit action. The purpose of qualitative assessment is to…Continue
Posted on February 9, 2011 at 8:23pm — 1 Comment