Managing

Best practice risk management for IT projects

The challenges of long, complex IT projects are well known yet the concept of risk management is only gradually seeping into organisations’ approach to IT projects. Leanne Ramsay on some of the risk issues in IT projects.

April 9, 2015

Risk

A project stakeholder’s guide to understanding numbers

Project controls processes and reports are full of numbers and calculations. One would think most project stakeholders would see and understand the numbers in the same way. Pat Weaver says unfortunately this is not the case.

March 25, 2015

Top 5 legal responses to project risks

As a project manager, you certainly appreciate the importance of assessing risk carefully. Here’s how a legal professional can help you manage the top 5 riskiest aspects of project management, writes Rolf Howard.

March 18, 2015

Risk

How risky is your project?

Your Risk Register lists all the risks you’ve identified but Risk Doctor David Hillson believes you need a different concept to describe the overall risk exposure of a project, which is different from the individual risks that need to be managed.

March 10, 2015

Risk

How not to kill a project

Making a sensible decision to ‘kill’ an uneconomic project or to support an ‘over budget’ project that still has a viable return on investment is always difficult. Patrick Weaver on the three worst ways to make a decision.

February 24, 2015

Governance

Avoiding sunk cost syndrome on your project

One of the hardest things to do is to stop wasting money and resources on a losing proposition. Patrick Weaver on how to avoid sunk cost syndrome on your project with sound decision-making.

February 23, 2015

Cost

6 mistakes lean practitioners make

The most common cause of ineffectiveness in lean projects comes from the inability or unwillingness to learn from past experiments. Zach Nies outlines six common mistakes of lean practitioners and how you can avoid them.

February 11, 2015

Knowledge

7 steps to analysing risk via Monte Carlo

Monte Carlo simulation is the most common way to analyse risk using numbers. But many people view quantitative risk analysis as too difficult. Risk Doctor David Hillson offers seven steps to help you gain valuable insights from this powerful technique.

January 28, 2015

Risk

How performance management can help your project

Consistent high performance in the creation of value from projects and programs requires the technical capabilities to manage projects effectively but Pat Weaver looks at why technical maturity is not enough and how performance management can change the game.

January 27, 2015

Governance