Remove Estimate Remove Monitoring Remove PMI Remove Risk
article thumbnail

14 Common Project Risks (+ more)

Rebel’s Guide to PM

Risks matter. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

Risk 320
article thumbnail

10 Knowledge Areas of project management (PPT & PDF included!)

Rebel’s Guide to PM

Material on the Knowledge Areas can still be found in the PMI web guidance which members have access to, called Standards Plus. All the things you need to know and do for successful risk management, for example, are bundled under the Risk Management Knowledge Area. PMBOK 7 talks about the 8 project performance domains.

PMI 205
Insiders

Sign Up for our Newsletter

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

article thumbnail

Measuring the Project Management Maturity of Your Organization

ProjectManager.com

That’s because the project teams involved with these successful projects follow a defined and repeatable process, which mitigates risk and achieves objectives. It helps to complete projects on time, manage risk, achieve project goals, deliver more benefits and handle change with minor disruption.

article thumbnail

The 10 Project Management Knowledge Areas (PMBOK)

ProjectManager.com

It is a set of standard terminology and guidelines for project management published and updated by The Project Management Institute (PMI). Project management knowledge areas coincide with the process groups, which are project initiation, project planning , project execution, monitoring and controlling, and project closing.

article thumbnail

Top 10 Project Management Qualifications

ProjectManager.com

Project planning is the second stage in project management, after initiation and before execution, monitoring and controlling and closing. Project budgets are estimated by project managers and then approved by the project client or stakeholders. Risk Management A project risk is an unexpected event, which can be positive or negative.

article thumbnail

9 Types of Artifacts in Project Management

Rebel’s Guide to PM

But what if you don’t use PMI methods? Whether you subscribe to the PMI way of thinking or use another approach based on your background, skills, experience, certification or the expectations of management, I’m pretty sure that you’ll have to create project documents. Documents are documents. You can grab the set I use here.

Logistics 509
article thumbnail

Project Manager Job Description (with free copy+paste examples!)

ProjectManager.com

Project managers plan, budget, monitor and report on the project with project management tools , sometimes pitching the idea of the project or being assigned to it once it’s already been approved. There are two major certifying bodies, PRINCE2 and the Project Management Institute (PMI). What Does a Project Manager Do?