article thumbnail

10 Secrets To Being a Good Sponsor

Rebel’s Guide to PM

Get the right project resources Make quick decisions Understand project management techniques Know when to pull the plug Celebrate accomplishments Manage financial changes Overcome ignorance Set goals Communicate the facts Understand risk and reward. Read my guide on the process for decision-making. Understand risk and reward.

2012 376
article thumbnail

PMI-RMP: FREQUENTLY ASKED QUESTIONS FOR 2021

Project Risk Coach

The PMI Risk Management Professional (PMI-RMP)® is one of the eight PMI certifications. Individuals with this certification possess specialized knowledge and expertise in planning for risk management, identifying risks, evaluating risks, developing and implement risk responses, and monitoring risks.

PMI 259
Insiders

Sign Up for our Newsletter

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

article thumbnail

Risk-aware Product Development (a.k.a. Scrum)

Scrum.org

Dealing with Technology Uncertainty - The Waterfall Passive/Buffered Risk Management Style. Dealing with Technology Uncertainty - The Agile/Scrum Active Risk Management Style. See Chaos Report 2013 ). . The Risk Burndown Exercise. the X axis reflects the time or stages in their "Stage-gate process".

article thumbnail

Business Analyst vs Project Manager: The Differences To Know

Rebel’s Guide to PM

The project management role stretches over three domains: people, process, and the business environment (these are the three domains defined by PMI). Case study: On a radiology software project I managed, the business analyst helped each department understand their current as is and to be process flows. Interpersonal skills.

article thumbnail

Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003.

article thumbnail

A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs.

article thumbnail

Risk Management is Project Management for Adults

Herding Cats

The basis of risk management in our community starts with NASA's principles. Risk-Informed Decision Making, NASA/SP-2010-576. Risk Management Handbook, NASA/SP-2011-3422. Technical Probabilistic Risk Assessment (PRA) Procedures for Safety and Mission Success for NASA Programs and Projects, NPR 8505.5A. No Uncertainty.