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12 Sure-Fire Ways to Improve Project Risk Management

Project Risk Coach

In a one-on-one meeting, I asked Mike how he was identifying, analyzing, and managing his risks. His response revealed his belief in risk management but a lack of actual application with his teams. Warren Buffett says, "Risk comes from not knowing what you are doing." Failure to focus on the risks that matter.

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PMBOKĀ® Seventh Edition Principles and Risk Management

Project Risk Coach

The Project Management Institute (PMI) released the PMBOKĀ® Guide, Seventh Edition in July 2021. This edition is a principles-based guide as opposed to the process-based guide of the Sixth Edition. In this article, let's look at each principle and why each one matters with respect to managing risks. Optimize Risk Responses 11.

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Implementing AI in your projects: how to start and improve

Rebelā€™s Guide to PM

For project professionals, this means two things: AI is an extraordinary tool to automate administrative tasks to free up time for high-value activities, but it can even help enhance your interpersonal skills like collaboration and leadership ā€“ we call these ā€œ power skills.ā€

ChatGPT 471
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Risk Management Process Explained (+resources, templates)

PM Basics

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, letā€™s dive in!

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A History of PMI & Its Role in Project Management

ProjectManager.com

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 youā€™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.

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Top 10 Project Management Qualifications

ProjectManager.com

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 itā€™s to take advantage of a positive one or mitigate a negative one. Leadership: Leading a project inherently means being a leader.

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Product Manager vs Project Manager ā€“ Whatā€™s the Difference?

ProjectManager.com

While both are leadership roles and the titles are similar, thereā€™s a difference between a product manager and a project manager as Jennifer Bridges, PMP, explains. Additionally, while both roles are technically geared for the delivery of products and projects, there are different processes and best practices required. Certifications.