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Billy Allen
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First, define the scales for probability and impact, then plot identified risks on the matrix based on this criteria. Conduct…
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Perform qualitative analysis
Also, practicing scenario-based questions can be very helpful.
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Empower stakeholders to independently identify threats and opportunities
Yes, if the risk impacts the interests or requirements of stakeholders. Keep them informed.
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Provide information required to update relevant project documents
Communication is a two-way street; always encourage feedback.
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Communicate project information and updates effectively
Really insightful post, learned a lot!
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Establish and plan all the interface points (IPs) between the different packages
How do we measure the effectiveness of implemented risk responses?
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Decide the risk response actions (time bound) based on the risk response strategies and identify action owners
What's the biggest challenge you face while managing a benefit register?
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Maintain a benefit register and record program progress in order to report the benefit to stakeholders via the communications plan.
Great job on this post!
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Assess project environment for threats and opportunities
I feel there should be more examples with detailed solutions. Anyone else agrees?
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Apply the project management code of ethics to scenarios (refer to PMI Code of Ethics and Professional Conduct).
I attended a seminar on interface management recently, and this post adds so much value to what I learned there.
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Implement the Interface Management process efficiently
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