Steven's Knowledge
Project Management

Progress and Risk

Milestones, risk identification, and dependency management

Milestone Planning

  • Break large projects into multiple milestones, each with clear deliverables
  • Keep intervals between milestones short (recommended 1-2 weeks)
  • Check progress at the end of each milestone and adjust subsequent plans promptly
  • Milestones are checkpoints for the team to sync progress and align expectations

Risk Identification and Mitigation

  • Identify major risks at the start of a project and develop response strategies
  • Common risks: Technical uncertainty, personnel changes, dependency delays, requirement changes
  • Risk response strategies: Avoid, Mitigate, Transfer, Accept
  • Regularly update the risk list and add new risks promptly

Dependency Management

  • Identify all external and internal dependencies during project planning
  • Confirm timelines and deliverables with dependency owners
  • Have a backup plan (Plan B) for critical dependencies
  • Communicate impacts promptly when dependencies change

Progress Transparency

  • Update progress in real-time in project management tools
  • Raise delay risks early — don't wait until the last moment
  • Report progress honestly — don't only share good news
  • Delays aren't scary — lack of transparency is

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