Change & Risk Management
GystWorks will utilize two important management strategies over the course of the project lifecycle: risk management and change management. These two strategies are common in any production environment where innovation plays an integral role.
To leverage a popular phrase, "change happens." This is a truth about all projects. Uncontrolled change can kill a project, but when its growth and timing is controlled, can be an asset in to a project. In order to keep the project on track and ensure project success, GystWorks has learned that a formal change management process is vital.
Change management is a formalized forum for dealing with any change to the scope of the project while it is still in progress. GystWorks' strategy looks at every change request and follows the same process. Once your project has completed Phase 2 - Project Elaboration, the features for the project are set and our change management process begins.
By formalizing the change management process, the project team is empowered with a tool that applies a consistent rubric against every change no matter how small or simple it may seem. This process ensures that every change is evaluated against the entire project as a whole.
Every member of the project team is empowered to identify a change and generate a change request.
Innovation requires risk. Risk is a positive force for imbibing a project with unique never before seen features. Unmitigated risk can also act as a project killer. Often inexperience project teams fall victim to the "How hard can it be?" attitude. This is an attitude that dismisses the complexity of a risk through ignorance. All project risks must be captured and properly handled. GystWorks Risk Management process is designed to mitigate all identified risks and deal with them.
From the start of the project, GystWorks works hard with your organization to identify potential risks then assess their probability and impact. We then lay out contingencies and mitigations plans. Much like our change management process, all risks are tabled and assessed by the project team at regular intervals through the project life-cycle. By formalizing this, we work to ensure that all risks are identified as early as possible and both your organization and GystWorks will be comfortable knowing plans have been put into place to reduce its likelihood or reduce its impact should it come to pass.
Like change, risk can present itself during any part of the project life-cycle. Its impact is revealed greatest during the Construction and Finishing phases. The greatest risk mitigation practice available to the project team is upfront clear communication and careful attention to detail to the project features during the Project Elaboration Phase.
Every member of the project team is empowered to identify and initiate a Risk Report.