Ottawa Internet Project Manager - Ottawa Internet Marketing Project Risk Management
Project Risk :
Risk management is a required component of all project management frameworks
Some of the clearest indicators of project maturity are to be found in attitudes to risk. An attitude that sees discussion of risk as "being negative" or "evidence that you don't support the project" is that of a novice, and reveals a lack of knowledge about the nature of the typical project environment.
Risk and the novice
The naive attitude towards risk is based on a number of false and discredited beliefs including:
- "The emergence of a threat means we haven't done a thorough job of planning - after all, in our plan we should have thought of everything".
- "When you talk about risk you are opening an escape route if something goes wrong - today's threat is tomorrow's excuse".
- "If you are thinking about what could go wrong you are being negative".
- "Risk mitigation just means extra costs that would be better applied elsewhere".
- "Open discussion of risks will make the project's backers nervous".
Risk and the professional
The experienced, mature project stakeholder recognises that:
- Every project is a journey through uncharted territory.
- The project environment yields a continuous flow of unforeseen events - many of which can hurt us.
- If we plan as if the world is perfect and something goes wrong, our plans are left in tatters.
Many of the things that do go wrong are not only known about in advance, but they can also be managed.
Risk management and litigation
Wherever there is even the remotest possibility that, as a result of project failure , you are exposed legally, you must seek advice from a properly qualified professional.
In every project you must be able to show conclusively:
- The existence of documented, robust and quality assured procedures for the periodic analysis of threats and for their ongoing management.
- That everyone involved with the production of project outputs works continuously in accordance with those procedures.
What is risk management?
Risk management is an "above-the-line" activity - based on:
- Identification of risks together with an assessment of their likelihoods and impacts. When taken together, likelihood and impact tell us about the risk exposure of the threat concerned.
- Assembly of a risk mitigation program of actions to reduce our overall risk exposure.
- Analysis of the costs and effectiveness of available actions.
Risk management is a required component of all project management frameworks. Clearly the approach to risk management in a four-week, three-person project will be quite modest - but it is there nevertheless.
Projects without a formal risk management facility are projects that should not proceed. Key stakeholders who do not support accepted risk management practice are in danger of becoming critical project threats.
� John R. Smyrk
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Ottawa Project Manager PMP
A project manager defines the job, plans the work to be done, and controls the work according to plan. A project manager takes responsibility for planning and managing to deliver success on a web project. A project plan is a document that includes the starting point, the process for achieving the goal, and anything else that will help the internet project be successful. There are several things that need to be managed by a project manager in a web project:
The scope of the project, the timeline for when it will be completed, including deciding when work will start, who comes at what times and what job is done each day or hour, managing costs, how to manage human resources, implementing a plan for communication, including who needs to know what information, and how to keep track of it all. An internet project manager must also come up with contingency plans in case something comes up unexpectedly, as well as project manage the procurement process, which entails figuring out what needs to be purchased, how to handle contracts and invoices.
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