Remove contact
article thumbnail

Why Practice Makes Perfect in Preparing for the PMI-RMP Exam

Project Risk Coach

"Practice makes perfect" is a timeless adage that holds true in various aspects of life, and it certainly applies to preparing for the PMI-RMP (Project Management Institute - Risk Management Professional) exam. As you practice, you become more adept at managing your time efficiently, balancing accuracy and pace.

PMI 369
article thumbnail

Types of Risks In Project Management – Are All Risks Equal?

WorkOtter

Risks are common in business. These risks carry uncertainties which pose potential threats to the financial health of the organization. Projects help the business reach objectives and goals, and with each project comes its own set of risks. Importance of Risk Analysis in Project Management What is a risk in project management?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Enterprise Risk Management (ERM) and Risk Governance

MPUG

Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. Some were taken, but most ignored or overlooked because of other projects and lack of understanding of risk management at an organizational level.

article thumbnail

5 Strategies for Product Backlog refinement

Scrum.org

Refinement is simply the ongoing activity of having these conversations and thus an essential product management activity. This gives the Product Backlog a level of transparency that reduces the risk. That is why refinement is an essential Product Management activity that successful Scrum Teams need to master. . 20/20 Vision .

article thumbnail

What Is Positive Risk on Projects?

ProjectManager.com

Project risk. Just the word risk can evoke the same kind of primal, fight-or-flight fear in project managers. But risk shouldn’t be feared, it’s just another part of the project to manage. All projects have some element of risk while other projects are inherently high-risk. (We’re

Risk 341
article thumbnail

PMP® vs. PMI-RMP® Certification

Project Risk Coach

Do you have your PMP® certification, but you're thinking about obtaining another Project Management Institute (PMI) certification? Let's compare the Project Management Professional (PMP®) and the PMI Risk Management Professional (PMI-RMP®) certifications. All projects and programs have risks.

PMI 447
article thumbnail

Tactical Planning: Creating a Tactical Plan for Your Business

ProjectManager.com

This concept is an important part of project portfolio management (PPM) and project management offices (PMOs). To organize and manage this process, businesses employ project management techniques and tools, such as project management software. Operational planning is done by the lower layer of management.

Planning 352