12 Project Risk Management Strategies We Learned the Hard Way
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15% of IT projects have a cost overrun of 200% and a schedule underrun of 70%. That’s scary, right? Maybe that sounds familiar to some of you. Projects can be scary. Projects are risky because they’re trying to make change happen. Every project has its ups and downs. We are the most vulnerable person when projects go wrong. You should be afraid. Fear of your projects failing is a good thing. It makes you more likely to do everything necessary to make your projects less frightening. Listen to today’s podcast and learn how risk management can make your projects less frightening so you can rest easier at night.
Thank you for tuning in. Ben Aston is the founder of Digital Project Manager. Welcome to the DPM Podcast. We are on a mission, to help project managers succeed and to help people who manage them deliver better results. We are here to help you elevate your project management skills. Check out thedigitalprojectmanager.com to learn about our training and resources we offer through membership. Clarizen, a leader in Enterprise Project Management Software and Portfolio Management Software, brought this podcast to you. Clarizen.com is a great place to start your search.
Today Kiron Bondale is joining me. Kiron Bondale is a senior consultant at World Class Productivity. They also provide training and consulting services. He has managed hundreds upon hundreds of projects. He is a published expert on risk management and has also written in different journals. He also speaks a lot about Agile. Today’s podcast will touch on this topic. We are grateful to Kiron for being with us today.
Thank you Ben. It was a pleasure to be here.
We are now in 2020. It’s a new year. Kiron, I am curious if this means that there are any new things happening in your training and consulting for World Class Productivity. What’s new?
Sure. What’s new for us? A PMI acquired the Disciplined Agile Consortium, or their intellectual property, late last year. PMI is showing a lot of interest in integrating their offerings, which includes some of their certifications. As an organization, we will be delivering courses that align with Disciplined agile. A toolkit, which we believe is a great solution for enterprises looking to transform their business through agile development, would be my recommendation. So I would say that this is where the majority of the focus will be, at least for me and our organization, in Q1 and Q2 2013.
Nice. That’s great.
Yeah, certainly. PMI offers a standard offering called the Disciplined Lean Scrum Master. It can take anywhere from two to four hours depending on the educational and experiential backgrounds of the participants. We offer it in a three day format that covers both Lean and Disciplined Agile. The best thing about this training is that it allows learners to take the Certified Disciplined Agilist Exams for free. You get a fr