A Quote by Bruce Pittman

Keeping the risk management plan up to date can transform it from a door stop into a vital project management tool. Remember: what you don't know can kill your project. — © Bruce Pittman
Keeping the risk management plan up to date can transform it from a door stop into a vital project management tool. Remember: what you don't know can kill your project.
Projects are usually undertaken to either solve a problem or take advantage of an opportunity. The probability that the project - even if precisely executed - will complete on time, on budget, and on performance is typically small. Project management is utilized to increase this probability. So in a sense, project management is risk management.
Strategic planning for projects management using a project management maturity model
Most of the time, your risk management works. With a systemic event such as the recent shocks following the collapse of Lehman Brothers, obviously the risk-management system of any one bank appears, after the fact, to be incomplete. We ended up where banks couldn't liquidate their risk, and the system tended to freeze up.
Trying to manage a project without project management is like trying to play a football game without a game plan.
Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their efforts to help organizations improve their risk-management practices...We are also considering the need for additional or revised supervisory guidance regarding various aspects of risk management, including further emphasis on the need for an enterprise-wide perspective when assessing risk.
For every hour of brains, you will be charged three hours. The other two hours go to management and project management, which is to say they are wasted.
One of the responsibilities faced by the Environmental Genome Project is to provide the science base upon which society can make better informed risk management decisions.
The budget evolved from a management tool into an obstacle to management.
Time management is really personal management, life management. and management of yourself.
Security incidents have gone up 5-10 times during the pandemic, so there is an increased need for security operations risk management, identity and access management, data privacy and compliance.
It depends on the project, what's happening that day on the project, at what stage were in on the project; it various from project to project and where we're needed.
I'm no good at down-time. I panic slightly and then plan a project or set up a meeting about starting a project.
The more senior your management position is, the more important it is to connect the organization or the project to the outside world. You know, how does this fit in with what we're doing? What is the real goal, the real mission?
If you have an approach that makes money, then money management can make the difference between success and failure... ... I try to be conservative in my risk management. I want to make sure I'll be around to play tomorrow. Risk control is essential.
Good bones are important, so it is wise to go slowly and get your plan right before launching into a vital project.
My senior project was about solid-waste management. They nicknamed me 'Trash Queen'.
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