Discussions
-
Risk Managment: Writing an ISO-Compliant Risk
A poorly written risk is usually easy to spot. It sounds like a worry, a weakness, or a control failure: “Poor system performance,” “lack of staff training,” “non-compliance,” “cybersecurity issue.” These may all be important matters, but they are not risks. ISO 31000 defines risk as the “effect of uncertainty on…
-
JCMA: Is it possible to trigger an app data migration independently of the core Jira data migration?
Our client recently completed a JCMA transfer from Jira Data Center to Jira Cloud. The core Jira data (projects, issues, users, groups) migrated successfully, but the app data migration for a Marketplace apps did not complete as expected. The original transfer is now in a settled state and cannot be retried (HTTP 409 on…
-
Risk Management: Why IT Projects Need It More Than Ever
If you’ve spent time in IT delivery—whether implementing enterprise systems, integrating platforms, deploying cloud infrastructure, migrating data, or building custom solutions—you’ve probably wondered whether formal risk management truly earns its keep. IT work moves quickly. Requirements shift. Stakeholders rethink…
-
Risk Management: Understanding Risk Tolerance
Psychology plays a critical role when it comes to managing project or organizational risk. One key concept is risk tolerance, which is an individual's or organization's predisposition toward taking risks. Risk tolerance is highly subjective and deeply rooted in your perception of a situation's uncertainty and significance.…
-
ProjectBalm Achieves SOC 2 Compliance
ProjectBalm, makers of Risk Register, today announced it has achieved SOC 2 compliance, marking a significant milestone in its mission to "take the sting out of risk management." Founded in 2015 and based in Sydney, ProjectBalm has quickly become a Platinum Atlassian Marketplace partner, empowering teams with "tools that…
-
Risk Management: Are You Ready for DORA?
The Digital Operational Resilience Act (DORA) is a EU regulation that entered into force on 16 January 2023 and will apply as of 17 January 2025. Are you ready? What is DORA? The Digital Operational Resilience Act (DORA) is an EU regulation designed to strengthen the digital resilience of the financial sector. Enacted in…
-
Implementing ISO 31000 with Risk Register by ProjectBalm
ISO 31000:2018 is a globally-recognized standard that provides guidelines for effective risk management. Developed by the International Organization for Standardization (ISO), it aims to help organizations integrate risk management into their governance, strategy, and planning processes, thereby enhancing their ability to…
-
"Error: You cannot add or modify a config scheme as the field xyz is managed by Jira."
I'm running Jira 9.14.0 Data Center and I have a custom field called "Impact" on the server. This field was created by a marketplace application and is a managed field. I want to make some adjustments to the fields context configuration. However, when I click on the edit button for the context configuration, I get: "Error:…
-
Risk Management: Defining Risk Scales
Understanding and quantifying risk is essential to the success and resilience of any project or business. The foundational elements of risk—probability and impact—are the cornerstones upon which you conduct risk assessments. However, these assessments will lead to confusion and misinterpretation without a shared…
-
Risk Management: How to Monitor Risks
There are four key steps in the standard risk management process: identification, assessment, treatment, and monitoring. This article explains risk monitoring, a broad category that includes tracking the implementation of treatment plans, reviewing identified risks, identifying and analyzing new risks, reporting to key…
-
Risk Management: How to Write a Risk Managment Plan
Risk management is generally accepted as a fundamental part of project management. Most project governance standards require you to define a risk management plan, which describes how you will manage risk on the project. In this article, we describe the elements that will be present in a typical risk management plan. Risk…
-
Risk Management: Qualitative Risk Analysis
Risk management is a crucial tool for navigating project uncertainties and ensuring delivery success. The basic process involves identifying, analyzing, and monitoring potential risks. You can perform risk analysis qualitatively or quantitatively, and this article describes the first approach. Understanding Qualitative…
-
Risk Management: Classic Risk Identification Techniques
Identifying risks is one of the fundamental responsibilities of a risk manager. Below, we outline the classic identification techniques that all risk managers should master. Understanding and applying these methods is vital for project success. Comprehensive Project Review This technique involves a detailed examination of…
-
Risk Management: Understanding Resource Risks
Research shows that a substantial portion of project problems stem from resource risks, so understanding this area is pivotal for success. These risks can be broadly categorized into three areas: staffing, outsourcing, and financial resources, each presenting its own set of challenges. Staffing Risks Staffing risks are the…
-
Risk Management: Understanding Schedule Risks
For many organizations, hitting a deadline is the critical metric for project success. Delivering new capability according to schedule builds trust with clients and stakeholders, demonstrates reliability, and usually has significant financial or legal implications. Some analysts suggest that schedule risks constitute…
-
Risk Management: Understanding Scope Risks
In project management, "scope" is a critical yet often misconstrued concept, with some practitioners preferring a broad definition and others a narrow one. The Project Management Body of Knowledge (PMBOK® Guide) defines scope as "the work that needs to be accomplished to deliver a product, service, or result with the…
-
Risk Management: The Project Benefits are Clear
All project managers face a perennial question: Is managing risks worth the effort? Like any business decision, the answer hinges on a cost-benefit analysis. Including a risk management component in your project plan requires significant investment and might appear excessive to some stakeholders. However, the advantages of…
-
Risk Management: The Key to Execution
Risk management, a critical component of project execution, is often perceived as a complex and daunting task. However, the methodologies underpinning this process are, in reality, relatively straightforward. Risk management involves identifying potential risks, assessing their impact, and implementing strategies to…
-
Risk Management: The Crucial Role of Legal Counsel
Organizations worldwide have encountered various emerging challenges in recent years, fundamentally altering the traditional approach to business operations. These challenges include the complexities of data management, the ever-present threat of cybersecurity breaches, political upheaval, and a growing demand for social…