10 commandments for effective risk management

10 COMMANDMENTs FOR EFFECTIVE RISK MANAGEMENT The main idea is to list out the important aspects that can help in effective risk management. You can view the summarized video here. I – Thou shall ensure that the importance of risk management has buy in from top management. II – Thou shall involve all stakeholders during …

How to show risk information in Enterprise Project Management Dashboard

  Risk is a major factor that affects all projects. In fact, statistics show that projects fail mostly because risks and issues are not managed effectively. This is evident from the fact that risks covers major areas of scope, time, cost and quality. Why I decided to write on display of risk management in Enterprise …

How to apply Force Field Analysis

In any project, organization or industry, change is inevitable. For the biggest challenge for a project manager is to manage changes in a project. Though lots of effort is being spent on tackling changes, the most common, effective and useful technique is the Force Field Analysis. Force Field Analysis was developed by Kurt Lewin, an …

How to use Earned Value Management using MSProject 2007

PART I – INITIAL SET-UP – CALENDARS, TASKS AND MILESTONESAs project managers, we all are aware of Earned Value Management to help control costs. The PMBOK has a good fundamental description in Earned Value. Using this concept to track a real time project is extremely useful and gives an instant feel about the performance of …