Strategic Project Management – Page 3

Project Postmortems close the loop on Holistic Risk Management.

Obviously, a project postmortem will not improve the project that just ended, but it can certainly improve future projects within that organization, if conducted with integrity. Most organizations tend to want the team to wrap up the project with a retrospective assessment of what caused the good and poor outcomes. The easiest (i.e., most uncontroversial)… Continue reading Project Postmortems close the loop on Holistic Risk Management.

Project Risk versus the Cost of Change.

A fundamental risk management concept to always keep in mind is the relationship between the project risk profile over the course of the project timeline and the cost of change profile over that same timeline. Cost, in the context of this discussion could be any combination of Project Schedule, Cost or Product Quality/Technical Capability that… Continue reading Project Risk versus the Cost of Change.

“Doing more with less” by managing risks in a holistic way.

Most company executives strive to “do more with less” to boost the organization’s bottom line — when you are successful at this the company is more competitive, and that typically leads to improved profitability. I like the way that Taylor Clarke (2015) articulates this notion: “Amid increasing competitive pressures, many organizations are looking to do… Continue reading “Doing more with less” by managing risks in a holistic way.