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Enterprise Risk Management (ERM) and Risk Governance

MPUG

Let’s consider the following scenario based true events which occurred within an organization I worked closely with recently. Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. What is Enterprise Risk Management?

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Managing Project Assumptions and Risks

The IIL Blog

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Our risks were identified, but a response strategy was never created.

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The Confusion Over Risk

Project Risk Coach

Why are many project managers confused over risks? Why do some project managers include positive risks in risk management and others do not? Let's clarify what we mean by the term risk. Risk is a Choice Merriam-Webster defines risk as “the possibility of loss or injury: peril.”

Risk 418
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PMI-PgMP® Certification

Techno-PM

The Project Management Institute's Professional in Business Analysis (PMI-PgMP) certification is one of the most sought-after certifications for professionals who want to enter the project management field. This course is designed to help you prepare for and pass the PMI-PgMP Certification exam.

PMI 62
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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 317
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What Is a Project Sponsor? Defining This PM Role

ProjectManager.com

While they don’t manage the day-to-day operations of a project, they are above the project manager in terms of project hierarchy. According to the Project Management Body of Knowledge (PMBOK), the project sponsor is “a person or group who provides resources and support for the project, program or portfolio for enabling success.”.

Defining 297
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What is A System for Value Delivery in Project Management

Project Pulse Journal

What is A System for Value Delivery in Project Management Hajime Estanislao, PMP, CSM Are you a project manager looking to improve your project management skills and help your organization grow? Take the next step towards mastering the value delivery system and project management. What is a System for Value Delivery?