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PMBOKĀ® Seventh Edition Principles and Risk Management

Project Risk Coach

The Project Management Institute (PMI) released the PMBOKĀ® Guide, Seventh Edition in July 2021. In this article, let's look at each principle and why each one matters with respect to managing risks. Be a Diligent, Respectful, and Caring Steward 2. Optimize Risk Responses 11. Table Of Contents. What are Principles?

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Project Controls: A Quick Guide

ProjectManager.com

Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. There are many tools that can mitigate risk in a project, but it also takes skill in something called project controls. What Are Project Controls? Risk management.

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Organizational Process Assets: What does that even mean?

Rebelā€™s Guide to PM

Project managers are often faced with the challenge of managing complex projects and ensuring that they stay on track. Iā€™ll confess: when I started out as a project manager, this was a piece of jargon that honestly didnā€™t mean much at all? But what is an organizational process asset (OPA)? Think intranet or policy library.

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IT Risk Management Strategies and Best Practices

ProjectManager.com

Information technology (IT) is no longer a tucked away department with little impact on day-to-day affairs. Itā€™s big business that’s involved in almost every sector of the economy, and therefore carries some major risks. Jennifer Bridges, PMP, shows you the importance of IT risk management in this short tutorial video.

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PRINCE2: The Project Management Method Explained

Rebelā€™s Guide to PM

PRINCE2Ā® is a project management method. Itā€™s structured, and experience-based, created from the lived experience of thousands of project managers and successful projects. PRINCE2Ā® stands for Projects IN a Controlled Environment (Version 2). Itā€™s a customizable way of managing and controlling the work.

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SWOT analysis in project management: definition, instruction & example

Inloox

SWOT analysis in the project management context Why should I conduct a SWOT analysis? The SWOT analysis is a strategic planning tool and provides a framework for evaluating internal and external factors influencing the success of a company or project. Content What is a SWOT analysis? What is a SWOT analysis?

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9 Essential Project Management Competencies

Rebelā€™s Guide to PM

I donā€™t have the time (or the requirement) to take a certification course, but Iā€™m always prepared to develop the project management competencies I need to succeed. In this article we’ll talk about the top competencies for project managers and how you can develop your skills. 9 Competencies You Need as a Project Manager Today.