Project Risk Coach

MAY 21, 2023

In this article, we will explore five benefits of studying PMI's Standard for Risk Management in Portfolios, Programs, and Projects. Improve project success rates Effective risk management is critical to the success of any project, program, or portfolio.

Risk Management 221

Risk Management Risk PMI Certification 221

Rebel’s Guide to PM

JANUARY 23, 2023

Are you looking for a way to better manage the risks associated with your projects? Risk audits are an effective tool that can help project managers and program managers identify potential issues before they become problems. Frequent use of risk management best practice is one of the top drivers of project success , according to PMI.

Risk 404

Risk PMO Risk Management Governance 404

Project Risk Coach

OCTOBER 11, 2021

In this article, let's discuss why risk management standards exist and which Project Management Institute (PMI) standard you should study in preparation for the Project Risk Management Professional (PMI-RMP) exam ( until the updated PMI-RMP® exam comes into play April 2022 ). Which PMI Standard Should You Study?

Risk Management 221

Risk Management 2009 Risk PMI 221

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

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. If you want to improve your project success through better risk management, consider getting certified as a Risk Management Professional.

PMI 247

PMI Certification Risk Management Risk 247

ProjectManager.com

DECEMBER 12, 2018

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. Given its vast influence, it’s important to have a basic understanding of PMI and its history. A History of PMI.

PMI 280

PMI Technical Review Certification Software Review 280

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

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 477

ChatGPT Generative AI Artificial Inteligence PMI 477

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

Kiron Bondale

MARCH 3, 2019

A student in a project management class I taught shared the concern that it was very hard for her to get risk responses implemented. Acceptance is a risk response strategy, but project managers are not supposed to just report on accidents, they are expected to prevent them. But there’s only so much that they can do by themselves.

Risk Management 273

Risk Management Change Management Risk PMI 273

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. Organizational Process Assets (OPAs) are the collective knowledge, experience, and information that an organization has accumulated over time.

Process 429

Process Technical Review Software Review Influencer 429

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

MARCH 14, 2024

Sources: Capterra , IPMA , PMI , APM Impact of AI on project management jobs 47% of people believe that AI would do better at treating all job applicants in the same way than humans ( Pew Research ). Oceania is the continent that is doing the most to build or recruit AI competence into the organization ( PMI ).

Artificial Inteligence 380

Artificial Inteligence Technical Review 2028 PMI 380

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. Identifying and Managing Project Risk (4 th Ed) Author: Tom Kendrick.

PMI 357

PMI Certification Sustainability Technical Review 357

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 437

2023 PMI Certification Software Review 437

MPUG

DECEMBER 5, 2022

You may wish to use this transcript for the purposes of self-paced learning, searching for specific information, and/or performing a quick review of webinar content. Risk management is the process of identifying, analyzing, and preparing for risk. Risk management is the process of identifying, analyzing, and preparing for risk.

PMI 111

PMI Certification Software Review 2022 111

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

Rebel’s Guide to PM

MARCH 18, 2021

Note: This article was put together before the PMBOK® Guide – 7 th edition was published so the information in it is drawn from publicly available information about what is going to be in the book. But what if you don’t use PMI methods? The upper levels encompass all the information covered by the lower levels.

Artificial Inteligence 511

Artificial Inteligence Logistics PMI Performance Measurement 511

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

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

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

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

ProjectManager.com

JULY 20, 2023

They’re also tasked with understanding their client’s business and even directing some aspects of their project, such as helping the project manager create a strategy, assess risk and more. The truth is you need both to inform your decisions. What Is Project Management Consulting? Experience: Skills alone won’t cut it.

Consulting 381

Consulting Certification PMI Technical Review 381

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. Experts (e.g., They can discover the unexpected.

Risk 52

Risk Software Review Underperforming Technical Team Risk Management 52

Rebel’s Guide to PM

JULY 20, 2023

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. See on Amazon We earn a commission if you click this link and make a purchase, at no additional cost to you #ad 07/19/2023 01:40 pm GMT But what if you don’t use PMI methods?

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

Rebel’s Guide to PM

FEBRUARY 15, 2021

A Guide to the Project Management Body of Knowledge – ( PMBOK® Guide ) 7 th Edition represents a major shift in the way ‘how to do project management’ is presented by PMI. PMI defines a domain like this: The high-level knowledge area that is essential to the practice of project management. Domain I: People.

Technical Review 473

Technical Review PMI Influencer Leadership 473

NimbleWork

NOVEMBER 30, 2023

This year, we participated in the Project Management Institute’s annual PMI Summit, held in Atlanta. Talking to the PMI attendees, it was clear that project management was growing more critical – and business teams were taking on greater levels of project management responsibility.

PMI 52

PMI 2023 Technical Review PMO 52

Rebel’s Guide to PM

FEBRUARY 20, 2022

PMI defines ethics like this: Ethics is about making the best possible decisions concerning people, resources and the environment. The PMI website says: Ethical choices diminish risk, advance positive results, increase trust, determine long term success and build reputations. What is Ethics in Project Management?

Underperforming Technical Team 430

Underperforming Technical Team PMI Risk Management Estimate 430

Rebel’s Guide to PM

MAY 4, 2021

That’s echoed in the PMI Pulse of the Profession 2021 report. If we look at research from PMI and research done by the Georgia Chapter, waterfall is used in construction but in IT and financial services are using agile and hybrid. Here are the notes from that discussion. The trend that is here to stay is remote work and digital teams.

Artificial Inteligence 482

Artificial Inteligence PMI 2021 PMO 482

ProjectManager.com

AUGUST 22, 2023

Risk Management A project risk is an unexpected event, which can be positive or negative. Risk management is a process to identify, manage and resolve these risks, whether it’s to take advantage of a positive one or mitigate a negative one. Stakeholders are those people who have a vested interest in the project.

Certification 358

Certification Leadership Risk Management Budget 358

Techno-PM

MARCH 16, 2022

Overview: The Project Management Institute's Registered Risk Manager Program (PMI-RMP®) is a risk management certification for project managers. The program covers the process of managing risk in projects and organizations and provides an understanding of how to build more sustainable, resilient systems.

PMI 36

PMI Certification Risk Management Prince2 36

Rebel’s Guide to PM

OCTOBER 3, 2023

A Guide to the Project Management Body of Knowledge – ( PMBOK® Guide ) Seventh Edition represents a major shift in the way ‘how to do project management’ is presented by PMI. PMI defines a domain like this in the exam content outline: The high-level knowledge area that is essential to the practice of project management.

Technical Review 303

Technical Review Software Review PMI 2023 303

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

Rebel’s Guide to PM

MAY 22, 2022

Get the right project resources Make quick decisions Understand project management techniques Know when to pull the plug Celebrate accomplishments Manage financial changes Overcome ignorance Set goals Communicate the facts Understand risk and reward. If you can spare an hour, go through the PMI Kickoff course. Kickoff from PMI.

2012 381

2012 2013 Risk Management PMI 381

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 442

Certification Prince2 Monitoring PMI 442

ProjectManager.com

NOVEMBER 27, 2019

It is a set of standard terminology and guidelines for project management published and updated by The Project Management Institute (PMI). This is anything from a sentence to a bulleted list that is comprehensive to reduce major project risks. Project Risk Management. Now you’ll need to plan risk responses.

Monitoring 502

Monitoring Risk Management Controlling Technical Review 502