The Identify Risks process' main objective is to identify and determine the potential risks that may affect the project. It may be either positively or negatively. Although the term "risk" usually carries a negative connotation, it can have positive implications as well.
Alternatives Analysis
Alternative analysis in project management is not only a project management method to be used only in business life. The essence of it is very similar to the decisions taken in our daily lives.
Stakeholder Engagement Plan
If stakeholders are productively involved in a project, the chance of success is augmented significantly.
Analogous Estimating in Project Management
Among the easiest methods of project management, analogous estimation is especially prominent. This strategy involves looking at previous projects, recognizing the disparities and likenesses, and adapting that understanding to the current task. Analogous estimating is categorized as estimating methods that are recommended to be used in planning performance domain.
Change Log
Project managers need to be agile and able to adapt to changes in order to keep their projects on track. One way to help manage changes is by using a change log. This document allows project managers to track and communicate all changes that occur during the course of a project. By doing so, project managers can keep stakeholders informed and make sure that all changes are properly managed.
Change is an inevitable part of every project, and it is important for project managers to be prepared for it. A change log can help project managers stay organized and in control during times of change. By tracking all changes and communicating with stakeholders, project managers can ensure that their projects run smoothly.
Change log is a project management document that lists changes made during the project lifecycle. Change log is used to track transactions that involve reviewing, approving or rejecting, checking, and closing changes that will be applied to the project.
A change in a project is done as in accordance with system thinking principle and should be seen as natural considering the adaptability and resiliency principles. Enable change to achieve the envisioned future state is not always easy. So many times it is difficult to make stakeholders embrace changes. So communication, as well as motivation, are important tools here.
It is a very important tool to communicate with the stakeholders about changes. This communication enhances the stakeholder engagement in later stages.
Additionally change logs contain the history of the changes made and the impact it has on the project in terms of risk and cost. Change logs allow us to track accepted changes as well as rejected changes. In this aspect, it is used as an important input and control tool to prevent scope creep in predictive development approaches. It is also a document that is referenced in managing the engagement of stakeholders during the project.
The change register may include information about;
- A brief description of the change
- The category of the change,
- Information about the person or stakeholder who proposed it,
- History of the change request,
- The urgency of the change request,
- Its impact on the project,
- The decision about the change
- Its current state.
Projects using a backlog show the adaptation of plans throughout the project. Projects that are using a predictive development approach and therefore using a change control process have change logs.
In PMBOK 7 there are 8 different project performance domains as we know. Change logs are among log and register artifacts and recommended to be used in,
Since project work performance domain has a main topic for monitoring new work and changes, it is recommended to be used in the project work performance domain. In delivery performance domain, managing the scope change and depicting the cost of changes can be done by using change logs.
Change logs are created in the process of
It is used as an input to:
Team Charter
The team charter document is created to define the values of the project team, the facts about the project agreed by the team, and the basic rules for the project. From the perspective of the project manager, and for the sake of optimal value delivery at the end of the project team charter is one of the most useful documents for managing the project team.
Assumption Log in Project Management
According to PMBOK 7 and other project management references, assumption logs are project artifacts in which project assumptions and constraints are recorded throughout the project's lifecycle. They are categorized among project logs and registers.