Browsing All posts tagged under »Risk«

Virtual Teams – Conflict Resolution, Risk Assessment

January 20, 2011 by

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Step Two of Resolving Virtual Team Conflict is to treat it as a potential risk.  The advantage of looking at team conflict as a risk is it’s an easier to say “hey let’s treat team conflict as a risk element, something that might happen” rather than “gee, we’re conflicted and at each others throat, upper […]

Risk from a Business Analysis Perspective

December 29, 2010 by

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The International Institute of Business Analysis was founded just a few years ago in 2003. In terms of professional associations it’s a new kid on the block.  Yet in a short time it’s made a profound impact on the discipline and profession of business analysis. One success factor of The IIBA for making a swift […]

Secondary Risk versus Residual Risk

December 28, 2010 by

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Synonymous term or a different term, that’s a common question we receive in our course delivery for secondary versus residual risks. Those two terms do sound quite a bit a like.  Are they? They’re similar concepts but are different! Secondary risk occurs once a risk event triggers and the appropriate management response strategy deployed.  The […]

Risk Types from Auditing

December 22, 2010 by

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Don’t start from scratch.  Reuse and recycle.   Learn from others.  Those three quick statements for learning  apply to risk management.  Identifying potential risks, good and bad, can be a cumbersome process.  To hasten  the process, discover what risk are common for your industry, whether that’s construction, information technology, product development or public power.  Use those […]

PMP Exam –Process Inputs and Outputs – Risk

February 12, 2009 by

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In the fourth edition PMBOK®, there are 42 processes—each with its own set of inputs, tools and techniques, and outputs. When learning these processes for your PMP® exam, look for patterns in the inputs and outputs and focus especially on any that are unique to a particular process. For example, in the fourth PMBOK, there […]