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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-RMPĀ®) exam. Which PMI Risk Standard Should You Study? The exam pilot occurred in December, 2021.

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Artificial Intelligence And Transformation Team Implications

International Institute for Learning

Views on Artificial Intelligence (AI), its future use and impact on organisations and society are often polarised (Farrow, 2019; van Belkom, 2020). Data cleansing and data governance becomes critical when AI mechanisms are being used in portfolio decision and monitoring processes. By Dr. Elissa Farrow. References . Futures, 108, 61-71.

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Artificial Intelligence And Transformation Team Implications

International Institute for Learning

Views on Artificial Intelligence (AI), its future use and impact on organisations and society are often polarised (Farrow, 2019; van Belkom, 2020). Data cleansing and data governance becomes critical when AI mechanisms are being used in portfolio decision and monitoring processes. By Dr. Elissa Farrow. References . Futures, 108, 61-71.

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Tailoring Your Project Management Approach: A Beginnerā€™s Guide

Project Pulse Journal

This customization process involves a modification of methodologies and governance structures, transforming project management into a strategic asset as dynamic as the projects it aims to guide. Organizational Fit Tailoring enhances project management practices by aligning them with the organization's values , culture, and risk tolerance.

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Burnout in Project Management

The IIL Blog

There is risk that burnout can spread to the entire team if not identified and controlled. Stress and coping: a study of project managers in a large ICT organization. However, being stressed out does not necessarily lead to fatigue and burnout unless the stress is persistent. Dawood, Shariffah; Pinto , Mary Beth., May2014, Vol.

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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.

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The Impact of the COVID-19 Pandemic on Project Management

International Institute for Learning

Public sector, private sector and government leaders across all businesses had to respond quickly to the effects of the crisis, often with very little time to prepare. Using the hierarchical approach for making critical decisions during a crisis runs the risk of making bad decisions by overlooking critical information.

PMI 59