article thumbnail

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. The New PMI-RMP® Exam PMI released the new PMI-RMP® Exam on April 1, 2022.

article thumbnail

PRINCE2 and PMBOK: How They Compare

Rebel’s Guide to PM

First came PRINCE in 1989 as the UK government standard for IT project management. The most recent version was released in June 2009, which has split the manual into two, covering project managers and project sponsors. The PMI approach has a huge amount of detail that will help you approach your projects in a professional way.

Prince2 422
Insiders

Sign Up for our Newsletter

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

article thumbnail

Top 10 Project Management Methodologies – An Overview

ProjectManager.com

Schwaber left the Scrum Alliance in 2009 to start a parallel accreditation organization called Scrum.org. The Project Management Institute (PMI) is a not-for-profit membership association, project management certification and standards organization. It was initially created by the UK government for IT projects.

article thumbnail

Getting to Know the PMBOK Guide 7th Edition

The IIL Blog

A final note about the principles–they are not a code of ethics or conduct, although the principles of project management are aligned with and have touch points with the PMI Code of Ethics and Professional Conduct. She has received several awards, including the PMI Fellow Award in 2018 and PMI’s Distinguished Contribution Award in 2009.

2009 148
article thumbnail

The Evolution of Project Management

The IIL Blog

At a PMI® conference I attended later in the 1970s, almost 80% of the papers were presented by engineers or people working for engineering companies. Public Sector Project Manager Selection In most government agencies, PMs were seen more so as project monitors rather than project managers.

Aerospace 147
article thumbnail

Thinking of Getting Your PMP® Certification?

International Institute for Learning

million PMI®-certified project managers. The Value of PMP® Certification Rest assured, all of the preparation pays off: The Project Management Institute (PMI)® reported in their 12th Annual Project Management Salary Survey that globally, PMPs earn 16% more than those who don’t hold the certification. By Cyndi Snyder Dionisio and J.

article thumbnail

Unlocking the Secret to Hybrid Scheduling

International Institute for Learning

Hybrid Schedule Variables Hybrid schedule variables include the governance needs of the project, the development approach you will use for various deliverables, and the number and timing of integration points. When you think about governance, think about decision points, phase gates and milestones.