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5. Risks reviewing: Controlling, Monitoring and Reporting project risks

5. Risks reviewing: Controlling, Monitoring and Reporting project risks

4.1 Monitoring and controlling risks Continuous monitoring and controlling of project risks ensure that the risk response strategy and the risk treatment action plan are implemented and progressed effectively. Usually...

4. Risk responses development: Reducing threats and exploiting opportunities

4. Risk responses development: Reducing threats and exploiting opportunities

Planning of risk responses is a subsidiary process of generating risk treatment options and actions to use existing opportunities and reduce threats to project objectives. The risk responses planning process...

rules of teamwork

Four rules of effective teamwork

If during the implementation of your project the team gets stuck with lots of unproductive conflicts and unsolved problems, you can try to follow a general list of team management recommendations. If you haven’t yet found a solution, you can get your team together at a meeting to clarify and agree on the basic rules of teamwork that will govern the team’s behavior. By establishing such rules, you gain more chances to achieve greater team effectiveness and strengthen group collaboration. Read top 4 teamwork tips that you must take into account for building and managing your team.

How to fight incorrect pm

How to Fight Incorrect Project Management

Have you ever faced the situation when your project was going swimmingly well but then suddenly, for some unknown reasons, you have found yourself out of budget, behind the schedule, and with no idea of what to do next? Such a situation is caused by incorrect project management, which means you have made some critical mistakes when initiating, planning and/or executing project activities. Here’s a 6-step guide that will tell you how to fight incorrect project management. The guide will show you what to do when your project goes wrong.

The plan and process of risk management

Defining Risk Management Plan and Process Lifecycle

The gurus of project management point out that a sound risk management plan can decrease the rate of project failure by as much as 60-70 percent. Such a plan in combination with a well-defined risk management process will help the project manager and senior stakeholders to identify and solve most potential problems and also anticipate and respond to changes occurring throughout the project lifecycle. Planning for risk management appears to be critical to project success, allowing the team to prevent loss and avoid jerk reactions.