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Understanding What is Quantitative Risk Analysis

Project Pulse Journal

Shick, MSPM, PMP, CSM In the dynamic world of projects, risks are omnipresent. Every decision brings along its own set of uncertainties and complicated risks. Enter the realm of quantitative risk analysis. Essential tools such as Decision Trees and Monte Carlo Simulation enable thorough risk evaluations.

Risk 52
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The Essential Project Management Competencies: A 2017 Perspective

Rebel’s Guide to PM

Leadership. As a line manager or a Project Office manager, the best thing to look for is projects that skip between green and red, projects with a lot of ‘surprises’ and a long list of risks and issues that don’t seem to be managed. Soft skills include: Communication. Self-awareness. Confidence. Resilience. Business acumen. Networking.

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AI Hype vs. Reality: Project Management Reimagined

The IIL Blog

” – Steven Hawking (2017) “Robots will be able to write most books, scripts, and articles by 2025.” AI can help in risk assessment, resource allocation, and predicting project outcomes. There is a risk that AI systems may perpetuate or exacerbate biases and inequalities if not designed carefully.

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10 Strategies for Successful Project Execution

ProjectManager.com

You should have developed a risk management plan during the planning phase. Per the latest PMI Pulse of the Profession 2017, “C-suite continues to be largely focused on bridging strategy formulation and execution and tackling technology and business disruption.” Lackluster leadership. Disengaged executive sponsors.

Executing 500
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The PMI Talent Triangle: A Guide [for members and non-members]

Online PM Courses

The PMI Talent Triangle is a simple tool that reminds us all about the value of a broad range of professional skills. The most succinct – and possibly best known – articulation of that full range of capabilities is the PMI’s Project Management Talent Triangle. Just a Moment… Who or What is the PMI?

PMI 75
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Why PMPs Should Actually Read the PMBOK 6th Edition

Project Risk Coach

Four Reasons to Read the PMBOK 6th Edition The Project Management Institute (PMI) released the PMBOK 6 th Edition on September 6 th , 2017. PMI Members can download their PDF copy of the PMBOK 6th Edition. PMI conducts Role Delineation Studies for each certification every five to seven years. Are you a PMI Member?

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Celebrating Women in Project Management

ProjectManager.com

There are many women globally leading initiatives to shine a spotlight on women, including one of the largest initiatives launched on Twitter in 2017 by Dr Kirstin Ferguson called #CelebratingWomen , which resulted in a book in 2018 called Woman Kind. Deloitte Access Economics – Westpac Diversity Dividend Report 2017.