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The Practice Standard for Project Risk Management

Project Risk Coach

In this article, let's discuss why risk management standards exist and which Project Management Institute (PMI) standard you should study in preparation for the Project Risk Management Professional (PMI-RMP) exam ( until the updated PMI-RMP® exam comes into play April 2022 ). Which PMI Standard Should You Study?

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The Standard for Risk Management in Portfolios, Programs, and Projects

Project Risk Coach

In this article, let's discuss why risk management standards exist and which Project Management Institute (PMI) standard you should study in preparation for the PMI Risk Management Professional (PMI-RMP®) exam. Which PMI Risk Standard Should You Study? The exam pilot occurred in December, 2021.

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Managing Risk from Every Level of Your Organization

LiquidPlanner

This notion of contingency analysis shows that when planning or budgeting, we must account for foreseeable risk and factor in the optimal route required with the minimum number of possible detours. Risk is not solved with a calculation. Project leaders need to ask: are some foreseen risks not occurring?

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PMI-RMP® Training for the New Exam

Project Risk Coach

In this article, let's examine why the new PMI® Standards matter and what to look for in your PMI-RMP® training. Simply put, PMI® did not use the Standard for Project Risk Management (2009) or the PMBOK® Guide, Sixth Edition (2017) to validate the exam. Why Take the Risk? Yes, the new standards. Get instant access.

PMI 221
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PMI-RMP: FREQUENTLY ASKED QUESTIONS FOR 2021

Project Risk Coach

LAST UPDATED ON DECEMBER 14, 2020, BY HARRY HALL THIS ARTICLE CONTAINS AFFILIATE LINKS. In this article: 1 What is the PMI-RMP? The PMI Risk Management Professional (PMI-RMP)® is one of the eight PMI certifications. If you are a PMI member, you may download the Practice Standard for Project Risk Management (2009) here.

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How to Manage Project Scope Without Scope Creep (with examples)

Rebel’s Guide to PM

One of the reasons for that is scope creep – and that’s what this article is all about. The change log is like a risk or issue log and in its simplest form is a document where changes and activities are written down. The risk of scope creep comes when additional scope items are added part-way through an iteration or sprint.

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PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

PRINCE2® was released in 1996 and had major updates in 2009 and 2017. You should look at what happened on past projects because that helps mitigate risk on your current project. You can tailor to fit the project’s: Size Importance Environment Team culture Risk Complexity. You’ll record your risks is a risk log.

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