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Business Acumen for Project Managers [Free Checklist]

Rebel’s Guide to PM

It’s also something mentioned in the standards for professional project management bodies. Apparently, business acumen is something that project managers should have. In 2022, PMI updated the Talent Triangle to include business acumen. It really is a core skill for project professionals. What is business acumen?

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14 Common Project Risks (+ more)

Rebel’s Guide to PM

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. In this article we’ll look at common project risks so you can start filling up your risk log and making the right plans. Plus, there should be a business case for the project!

Risk 320
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What is A System for Value Delivery in Project Management

Project Pulse Journal

The Project Environment The project environment, characterized by internal and external factors, significantly influences the delivery of value within projects. Building rapport and establishing a high-value relationship with the stakeholders is a must for project professionals.

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125 Project Management Buzzwords

The IIL Blog

Continuous Improvement The ongoing effort to improve a project process, product, or service to achieve better results. Cost Estimation The process of estimating project costs is done by leveraging historical data, expert judgment, or quantitative models. Also known as continuous process improvement.

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Project Management Challenges with Artificial Intelligence

International Institute for Learning

As technology increases within the next two decades, AI is expected to replace humans in many of the simple and mundane tasks that are part of project and program management activities (Grace et al., External customers may not be supportive of the influence and decisions that AI software might have on their projects.

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Project Management Professional (PMP)® Exam Aspirant’s Definitive Guide to PMP® Exam Changes 2021

iZenBridge

In June 2019, PMI Certification has released a new PMP® certification content outline. It is an effort to equip project managers with today’s modern project environment. So, now the question is what modern project management is? A coach makes the team capable enough to deliver a successful project.

2021 52
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What Is Cost Overrun? How to Prevent It

Wrike

Let’s take a deeper look into cost overrun, causes of project delay, and how to successfully complete projects while managing cost overrun. What is the definition of cost overrun? Cost overrun is an unexpected change in the project budget that ends up increasing the total project cost.