MPUG

APRIL 26, 2021

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?

Government 122

Government Governance Risk Management Risk 122

Project Risk Coach

JANUARY 9, 2024

In the intricate world of project management, where each decision can lead to a myriad of outcomes, the ability to forecast and manage potential risks is invaluable. How to Perform Decision Tree Analysis Here's a step-by-step guide on how to perform decision tree analysis for quantitative risk analysis.

PMI 221

PMI Estimate Risk Management Risk 221

Project Risk Coach

AUGUST 7, 2016

How’s your project risk management knowledge? Some of you are a certified Project Management Professional (PMP) or as a Risk Management Professional (PMI-RMP) so this test may be a good review for you. If you are preparing for the PMP or PMI-RMP exam, this exercise will certainly be helpful.

Risk Management 150

Risk Management Risk PMI Executing 150

PM Basics

SEPTEMBER 8, 2022

I’ve been managing software development projects for more than 11 years. Risk management is arguably the most crucial piece in my project management approach. Therefore, I spent lots of time and effort creating a practical risk management process. You’ll get the whole risk management process below.

Risk Management 104

Risk Management Risk Process Underperforming Technical Team 104

Project Risk Coach

NOVEMBER 6, 2017

Every project has risks—events or conditions that, if they occur, have positive or negative effects on a project’s objectives. And project managers are risk managers, some better than others. Here are some things you should know about the PMI-RMP. Here are some things you should know about the PMI-RMP.

PMI 247

PMI Certification Risk Management Risk 247

Rebel’s Guide to PM

APRIL 22, 2019

Risk management is one of the core knowledge areas for project managers. You’ve identified and assessed your project risks—both threats and opportunities. Now, you are planning your risk responses with your risk owners. A risk response is the way you intend to address the risk. Harry Hall.

Risk 395

Risk Risk Management Healthcare Executing 395

ProjectManager.com

DECEMBER 12, 2018

Project management is no different. The Project Management Institute (PMI) is a nonprofit organization for those working in project management across the globe. If you have even a passing interest in the field, then you’ve bumped up against PMI. Quick Facts About PMI. The PMI footprint is huge.

PMI 301

PMI Technical Review Certification Software Review 301

Kiron Bondale

JUNE 12, 2022

I’ve often referenced Dr. David Hillson’s definition of risk as “ uncertainty that matters ” in my articles about project risk management. If stakeholders don’t feel that the information presented to them about a risk matters to them, they will ignore it.

Risk 207

Risk Risk Management PMI Leadership 207

The IIL Blog

JANUARY 24, 2024

Nielsen, PMP, PgMP, PMI-ACP, CSM I have visited many companies over my 20 plus years of project and program management training and consulting. Time and time again, I see organizations are not dealing with risk appropriately. In this article, let’s look at a few ways we can change from risk managing us to us managing the risk.

Risk 78

Risk Risk Management 2012 PMI 78

Rebel’s Guide to PM

APRIL 19, 2023

Do you need to earn PDUs to maintain your PMI certification? If you hold a PMP ® , PgMP ® , PfMP ® or PMI-PBA ® certification, you need to earn 60 PDUs every three years. If you hold a PMI-ACP ® , PMI-RMP ® , PMI-SP ® certification, you need to earn 30 PDUs in a three-year cycle. You’re in the right place!

2023 442

2023 PMI Certification Software Review 442

ProjectManager.com

AUGUST 22, 2023

What qualifications do you need to land a project management job? What Are Project Management Qualifications? Being qualified for a position as a project manager means you have the skills, experience and temperament for the job. Qualified project managers need the right tools for the job. Thanks for watching!

Certification 365

Certification Leadership Risk Management Budget 365

Workamajig

JUNE 7, 2018

Every project has some risk of failure. This guide on project risk management will help you understand and manage risks better. If there is one thing you can be certain about in project management, it's this: Every project carries some risk. Putting out these fires is your job as the project manager.

Risk Management 90

Risk Management Risk 2008 Estimate 90

Leading Answers

JANUARY 16, 2021

This article explains what a risk-adjusted backlog is, why they are useful, how to create one and how teams work with them. What is a Risk-Adjusted Backlog? A risk-adjusted backlog is a backlog that contains activities relating to managing risk in addition to the usual features associated with delivering value.

Risk 145

Risk Underperforming Technical Team 2006 2012 145

Rebel’s Guide to PM

MAY 9, 2022

EMV is a risk analysis tool that helps establish the contingency reserves for your project activities. It’s a statistical technical for quantifying risk. You would use it to: Establish which new product option or solution is best Establish the contingency reserve required to offset project risk. That’s a negative risk, a threat.

Software Review 411

Software Review Technical Review Risk Management Risk 411

Online PM Courses

MAY 28, 2023

The CAPM is PMI’s entry-level certification for Project Managers. So, PMI's big 2023 revision to the exam syllabus is an important event. The post Don’t Risk Being Left Behind: Understand the July 2023 Changes to the CAPM Exam Now! appeared first on OnlinePMCourses.

2023 147

2023 Risk PMI Certification 147

Kiron Bondale

NOVEMBER 13, 2016

We’ve all learned the standard risk responses to threats (accept, avoid, mitigate or transfer) and opportunities (accept, exploit, enhance or share) from the Guide to the PMBOK, and Dr. David Hillson recently wrote about a ninth possible response of risk escalation. Just like acceptance, this denial could be active or passive.

Risk 120

Risk PMI Risk Management Planning 120

Rebel’s Guide to PM

SEPTEMBER 7, 2024

Did you know that 56% of your project budget might be at risk due to poor communications? Perhaps that number (from research by PMI ) surprises you, but I’m sure you aren’t surprised by the fact that good communication management on projects leads to higher success rates. What is project communication management?

Communications Management 282

Communications Management Underperforming Technical Team Cadence Monitoring 282

MPUG

OCTOBER 15, 2024

Over the past decade, the landscape of project management has been significantly influenced by the rise of Agile methodologies and the advent of Artificial Intelligence (AI). The Evolution of Project Controls Project controls have always been the backbone of successful project management.

Controlling 111

Controlling Agile Artificial Inteligence Technical Review 111

ProjectManager.com

OCTOBER 21, 2022

In project management, a program is a set of related projects that are executed simultaneously by organizations to make the most out of their resources and maximize their return on investment (ROI). Program management requires company-wide collaboration and lots of planning. A program manager oversees this process.

Certification 410

Certification PMI Risk Management Budget 410

Techno-PM

MARCH 15, 2022

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

PMI Certification Leadership Governance 62

Rebel’s Guide to PM

OCTOBER 13, 2020

Do you need to earn PDUs to maintain your PMI certification? If you hold a PMP ® , PgMP ® , PfMP ® or PMI-PBA ® certification, you need to earn 60 PDUs every three years. If you hold a PMI-ACP ® , PMI-RMP ® , PMI-SP ® certification, you need to earn 30 PDUs in a three-year cycle. You’re in the right place!

2020 350

2020 PMI Certification Technical Review 350

Project Pulse Journal

OCTOBER 7, 2023

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

Risk 2009 2023 2017 52

The IIL Blog

OCTOBER 23, 2024

By Nagaraja Gundappa October 23, 2024 Now that PMI is aligning PMBoK to value delivery and relegated the old Knowledge Area – Process group structure to a non-PMBoK document, the question that arises is – if this old structure is still relevant or dead? It was inevitable that PMI also fell in line and aligned PMBoK to a value delivery view.

Process 78

Process Software Review Technical Review Transportation 78

MPUG

APRIL 1, 2024

PMs know that testing new software and/or hardware products before they’re released is an important part of risk management, but determining precisely what the project team should evaluate and what independent experts should evaluate can be more complicated.

Risk 52

Risk Software Review Underperforming Technical Team Risk Management 52

Rebel’s Guide to PM

OCTOBER 26, 2020

Weddings — in fact, event planners are excellent at managing fixed date projects because every event has a fixed date on which it will take place and the project to deliver the event has to be done on time. Projects with fixed end dates present a different type of planning challenge for project managers.

Telecoms 482

Telecoms 2010 Estimate Prince2 482

Wrike

MAY 20, 2021

A lot of the reasons are procedural relating to scope definition , methodology, and communication, for example, but there is a common theme: an inadequate risk identification process. Poor risk management isn’t just an issue that impacts big businesses. What is risk management?

Risk Management 36

Risk Management Risk PMI Governance 36

MPUG

OCTOBER 25, 2024

Scary Situations You might be wondering what Halloween has to do with project management. Like Halloween , Project Managers (PMs) also encounter ghosts or skeletons from their past projects. Without effective risk management, it is impossible to complete your project on schedule. Let’s look at other scary situations.

Infrastructure 52

Infrastructure Risk Management Risk PMI 52

Management Yogi

DECEMBER 27, 2021

You are going to a friend’s house for an important event. Imagine this scenario. It is scheduled with a hard start, meaning you can’t have delays, but as you start traveling, you notice that your vehicle is running low on gasoline.

Risk Management 102

Risk Management Risk PMI 102

Rebel’s Guide to PM

JULY 27, 2020

I ran a subscriber-only webinar a while back about trends in project management collaboration tools and the barriers to adopting new technology in a project environment. That’s it in a nutshell, but that Expert Guide has more detail and my book, Collaboration Tools for Project Managers, covers this in depth.

PMI 332

PMI Closing Leadership Risk Management 332

Epicflow Blog

APRIL 29, 2022

Project management goes hand in hand with uncertainty and risks. The present-day disruptions caused by the pandemic bits and pieces, military conflicts, and geopolitical tensions can only increase the number of risks that projects will be exposed to. . Risk Register: Definition and Purpose . Risk description .

Risk 52

Risk Technical Review Software Review 2008 52

MPUG

MARCH 16, 2020

Most people hear “project risk” and they think of an adverse event or threat that may occur. Regardless, the term carries a negative connotation, but this common belief means you may be missing out on positive risks or opportunities that potentially have a beneficial effect on your project’s deliverables and goals.

Risk 105

Risk Risk Management Infrastructure PMI 105

The IIL Blog

SEPTEMBER 13, 2023

Frohnhoefer In today’s competitive job market, professional certifications hold substantial value, particularly in specialized fields like project management. The Project Management Professional (PMP)® certification stands out as the gold standard, recognized, and respected worldwide.

Certification 167

Certification PMI Leadership Consulting 167

MPUG

SEPTEMBER 11, 2024

Accidental project managers are professionals who unexpectedly find themselves leading projects without formal project management training. However, they also face distinct challenges, including the need to quickly acquire project management skills and navigate complex project landscapes without prior experience.

Technical Review 105

Technical Review Certification Risk Management Leadership 105

MPUG

SEPTEMBER 20, 2024

Along with greater clarity and long-term perspective, this planning method offers you continued motivation, stronger self-belief, and the ability to manage time more effectively. Gain access to 500+ hours of PMI-accredited training, live events, and a vibrant online community.

Planning 105

Planning Estimate Innovation PMI 105

Epicflow Blog

MAY 14, 2020

Education in the field of project management suggests a lot of opportunities for candidates. Online Courses, Exams, and Materials by Project Management Institute. PMI has prepared a collection of helpful materials that can be used by both beginners and experienced project managers. Project Management for Beginners.

2020 76

2020 PMI Certification Technical Review 76

Kiron Bondale

JULY 10, 2022

Whether you call them Scrums, standups or huddles, one way to plan-as-you-go with an adaptive approach is to hold coordination events on a regular basis to ensure that everyone is working in an aligned manner and on the most important work. One of the more common topics for such events is to discuss the backlog of short term team work.

PMI 177

PMI Leadership Risk Management SCRUM 177

MPUG

MAY 1, 2024

Today, the average store manager has been with the company for more than fifteen years, and earns more than $180,000 per year. The senior management (divisional and regional) all started out as “associates.” Their quality products help to maintain customer satisfaction and loyalty and reduce the risk and cost of replacing faulty goods.

Risk Management 98

Risk Management Risk PMI Controlling 98