ProjectManager.com

JUNE 15, 2021

There are two major certifying bodies, PRINCE2 and the Project Management Institute (PMI). Here are the main project management certifications offered by the PMI: Project Management Professional (PMP): This certifies that you’re a capable project manager who is competent in waterfall and agile project management. Risk Management.

Certification 441

Certification Prince2 Monitoring PMI 441

Rebel’s Guide to PM

SEPTEMBER 14, 2020

These are laid out in a research paper from PMI *. The change log is like a risk or issue log and in its simplest form is a document where changes and activities are written down. Examples of scope creep. Example of scope creep in software development. Example of scope creep in construction. Work starts as normal.

Underperforming Technical Team 450

Underperforming Technical Team 2009 Controlling Risk Management 450

Project Risk Coach

OCTOBER 5, 2020

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.” Provide examples.

Risk 418

Risk Prince2 Risk Management Governance 418

Rebel’s Guide to PM

AUGUST 29, 2021

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

Risk Technical Review Risk Management Estimate 317

Project Risk Coach

JUNE 20, 2022

The Project Management Institute (PMI) released the PMBOK® 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. Optimize Risk Responses 11. For example, one of the PMBOK® principles is to optimize risk responses.

Risk Management 195

Risk Management Risk Technical Review Underperforming Technical Team 195

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 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 387

Risk Risk Management Healthcare Executing 387

Project Risk Coach

JANUARY 24, 2022

Poor risk management is costly. Program managers are caught off guard by emerging risks. And these risks may turn into issues costing more time and money. We can identify risks early. We can assess and prioritize our risks, allowing us to make better use of our limited time. But, it doesn't have to be that way.

Underperforming Technical Team 221

Underperforming Technical Team Risk Management Risk Technical Review 221

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

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. Click here to view table.

PMI 221

PMI Estimate Risk Management Risk 221

Rebel’s Guide to PM

NOVEMBER 16, 2023

For project professionals, we recommend exploring AI tools by first understanding what project tasks and deliverables can be automated easily and without risk. Examples include: Generating reports Analyzing documents with multiple types of data Summarizing meeting notes Organizing information into company templates Performing calculations.

ChatGPT 469

ChatGPT Generative AI Artificial Inteligence PMI 469

Kiron Bondale

JANUARY 23, 2022

In a presentation I gave to the members of a PMI Chapter on the topic of psychological safety, one of the attendees asked a great question. And when it comes to taking risks, provide the team with a clear understanding of their organization’s risk appetite and help them to define the limits for different types of risks.

Risk 194

Risk Risk Management PMI Leadership 194

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? An organization’s risk champion (e.g.,

Risk Management 268

Risk Management Risk PMI Technical Review 268

Rebel’s Guide to PM

MAY 7, 2023

Outside of the world of PMI, I’m not sure that the term is widely used at all, but let’s put that aside for a moment and consider what they are and how to use them. They might be influenced by market conditions (risk appetite statements might change, for example, if the market suddenly gets a lot more competitive).

Process 415

Process Technical Review Software Review Influencer 415

Rebel’s Guide to PM

AUGUST 2, 2022

In this ‘never normal’ business environment, leaders who are looking for ways to measure success based on outcomes are realizing that project managers are the backbone of their businesses — that without skilled and trained project professionals, projects are at risk of losing the focus and collaboration needed to exceed expectations.

2030 458

2030 PMI Infrastructure Certification 458

Rebel’s Guide to PM

SEPTEMBER 26, 2023

Pretty much any books on project management qualify, as long as you can show that what you have learned from them matches up to the PMI Talent Triangle, or the equivalent competency framework for your professional body if it is another project management association. For example, read on your commute or listen to an audiobook at the gym.

PMI 341

PMI Certification Sustainability Technical Review 341

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? An organization’s risk champion (e.g.,

Risk Management 240

Risk Management Risk PMI Technical Review 240

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 423

2023 PMI Certification Software Review 423

The IIL Blog

SEPTEMBER 13, 2023

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.

Risk Management 88

Risk Management Risk Cadence 2016 88

ProjectManager.com

OCTOBER 6, 2022

Some organizations, such as the Project Management Institute (PMI), will ask you to meet some requirements to be allowed in the program, such as having a bachelor’s degree, months of project management experience or even another project management certification. Price: PMI members, $225, nonmembers, $300.

Certification 432

Certification 2022 Prince2 PMI 432

MPUG

DECEMBER 12, 2022

The PMI-RMP® credential is an industry renowned certification, certifying that Risk Management Professionals have the necessary knowledge to apply project risk management knowledge, principles, tools, and techniques. This article will assist you in preparing for the PMI-RMP Exam. The PMI RMP Exam Blueprint.

PMI 64

PMI Underperforming Technical Team Risk Management 2022 64

ProjectManager.com

JANUARY 23, 2024

We’ll help by illustrating examples of different project management maturity models and offering a step-by-step way to assess the project management maturity of an organization. That’s because the project teams involved with these successful projects follow a defined and repeatable process, which mitigates risk and achieves objectives.

Underperforming Technical Team 330

Underperforming Technical Team Risk Management Software Review Budget 330

Project Risk Coach

SEPTEMBER 8, 2020

Here are some examples: I had an opportunity to meet other project managers at a PMI Chapter meeting. She was able to schedule a one-hour meeting to discuss top project risks. When we exploit an opportunity, we make the upside risk happen. Develop and execute risk response plans. Monitor the opportunities.

PMI 248

PMI Risk Management Risk Executing 248

MPUG

APRIL 26, 2021

Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. Some were taken, but most ignored or overlooked because of other projects and lack of understanding of risk management at an organizational level.

Governance 122

Governance Government Risk Management Risk 122

Rebel’s Guide to PM

MARCH 18, 2021

For example: a project management artifact is the project closure document. But what if you don’t use PMI methods? Although this list draws on PMI materials, it’s still going to be useful to you even if you use a different approach. The project deliverable is a new app. Artifacts in the PMBOK Guide – 7 th Edition.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

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

JULY 20, 2023

For example: a project management artifact is the project closure document. A Guide to the Project Management Body of Knowledge (also known as the PMBOK® Guide -- 7th Edition) is core reading as prep for PMI exams. Although this list draws on PMI materials, it’s still going to be useful to you even if you use a different approach.

Logistics 253

Logistics Artificial Inteligence PMI Performance Measurement 253

Project Risk Coach

JUNE 26, 2023

Becoming a PMI Risk Management Professional (PMI-RMP®) can be difficult. How can these individuals earn the required PMI-RMP contact hours? One hour of project risk management instruction equals one contact hour. One hour of project risk management instruction equals one contact hour. What is a Contact Hour?

PMI 39

PMI Certification 2019 Risk Management 39

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

MPUG

SEPTEMBER 4, 2023

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Do agile projects have risks associated with them? And do we want to let those risks run wild without any effort to contain them? So, yes, of course, we need risk management in agile projects.

Risk Management 98

Risk Management Risk Agile Technical Review 98

Rebel’s Guide to PM

OCTOBER 1, 2023

Underneath, I list skills grouped together by: Interpersonal skills Leadership Each of those headings has a list of bullet points underneath that give examples of how I have demonstrated those skills. Below, we’ll look at some examples of common project management skills for your resume. Mine is called ‘Skills Profile’.

Leadership 345

Leadership Risk Management PMI Governance 345

Rebel’s Guide to PM

JANUARY 6, 2022

There are a number of project management certification schemes run by professional bodies like PMI and APM. As you develop further through your career, for example becoming a program manager or leading complex projects, you can take additional certifications that fit the job you are in. Watch out for…. Being a general dogsbody.

Technical Review 276

Technical Review 2022 Certification Prince2 276

Rebel’s Guide to PM

JUNE 2, 2023

She wrote: I have been advised that you have to do a degree in a particular subject e.g. engineering, do project management training e.g. PMI®, PRINCE2® etc and work your way up in order to become a project manager. PMI reports an expected global need for 25 million new project professionals by 2030. Is this true?

Technical Review 330

Technical Review Prince2 Healthcare Certification 330

Rebel’s Guide to PM

FEBRUARY 20, 2022

That didn’t sit quite right with her (and she didn’t know she was a perfect example of a project management ethics case study when she was telling me the story!). PMI defines ethics like this: Ethics is about making the best possible decisions concerning people, resources and the environment. Scroll down for that.

Underperforming Technical Team 417

Underperforming Technical Team PMI Risk Management Estimate 417

ProjectManager.com

DECEMBER 13, 2021

For example, manufacturing product managers are responsible for tangible products, while software development product managers will have different teams and agile workflows to assist in the software product launch. For example, many project managers are accustomed to working within the PMI guidelines for best project management practices.

Project Life Cycle 414

Project Life Cycle Prince2 Certification PMI 414

PM Basics

SEPTEMBER 8, 2022

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. Risk management process is a structured approach to identifying, assessing, addressing, and controlling risks. So, let’s dive in!

Risk Management 104

Risk Management Risk Process Underperforming Technical Team 104

ProjectManager.com

MARCH 8, 2018

For example, as noted, a program manager is overseeing multiple projects, or programs. The Project Management Institute (PMI) offers the Program Management Professional (PgMP) certification. Manage change, risk and resources. Cut & Paste Example appeared first on ProjectManager.com. Organize all program activities.

Certification 232

Certification Finance Software Review Monitoring 232