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Risk Response Strategy

Project Management

Back to Basics: What is the Role of a Project Manager?

There are a few reasons you may wish to understand the role of a project manager more fully. Perhaps it is because you are looking for a project management job and want to have a career in project man...

Strategizing for Project Threats and Opportunities

Over a decade ago, I was put in charge of a group of projects. One of the projects had been running for almost a year, but had never seen a single live release to the customer! I realized there were t...

Top Frustration #2: End to End Risk Management

Imagine you are managing a large project, which is strategically important and complex. At the outset, you realize there will be a number of risks, which if not managed well, could paralyze the outcom...

Enterprise Risk Management (ERM) and Risk Governance

Let’s consider the following scenario based true events which occurred within an organization I worked closely with recently. This company had a long-running project with a number of uncertainties. Ri...

Webinar Recap: Risk Management Life Cycle in the Context of Project, Program, and Portfolio

Please find below a transcription of the audio portion of Satya N Dash’ session, Risk Management Life Cycle in the Context of Project, Program, and Portfolio, being provided by MPUG for the convenienc...

Webinar Recap: PMI PMBOK Guide 7th Edition Standard – What’s New?

Please find below a transcription of the audio portion of Satya Narayan Dash’s PMI PMBOK Guide 7th Edition Standard – What’s New? webinar being provided by MPUG for the convenience of our members. You...

Fundamentals of Project Risk Management Framework

I’ve compared projects with living entities (like human beings), and the life cycle of a project with life cycle of a person. Similarly, the PMBOK guide, when expanded, is called project management bo...

Understanding Qualitative Risk Analysis

1999. October 29. A super cyclone measuring 160 mph hit Gopalpur in Odisha, a coastal state of India, with horrifying fury. It resulted over 10,000 people losing their lives and over $US4 billion in d...

Contingency Reserve and Management Reserve

Let’s say you are going to a friend’s house, and you expect it to take about an hour to get there. In your city; however, traffic is known to cause delays. If a traffic jam occurs, it will impact your...

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