Remove Monitoring Remove PMI Remove Prince2 Remove Risk
article thumbnail

The Confusion Over Risk

Project Risk Coach

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.” Peter Bernstein.

Risk 418
article thumbnail

Best 12 Project Management Certifications (2022)

ProjectManager.com

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PRINCE2: An Introduction to the Project Management Methodology

ProjectManager.com

Project managers who aren’t based in the United Kingdom might not be intimate with the PRINCE2 method of managing a project, which is primarily used by the British government. Although foreign to some, there’s still much to be gained from the PRINCE2 method, even if it isn’t adopted in its entirety. What Is PRINCE2?

Prince2 229
article thumbnail

Product Manager vs Project Manager – What’s the Difference?

ProjectManager.com

For example, many project managers are accustomed to working within the PMI guidelines for best project management practices. Project managers are in charge of managing teams during the initiating, planning, scheduling, monitoring and closing phases of a project. PRINCE2 Foundation/PRINCE2 Practitioner certification by Axelos.

article thumbnail

Project Manager Job Description (with free copy+paste examples!)

ProjectManager.com

Project managers plan, budget, monitor and report on the project with project management tools , sometimes pitching the idea of the project or being assigned to it once it’s already been approved. There are two major certifying bodies, PRINCE2 and the Project Management Institute (PMI). Risk Management.

article thumbnail

How to Be a Project Management Consultant

ProjectManager.com

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. PMI Professional in Business Analysis (PMI-PBA) This is another certification offered by PMI.

article thumbnail

Top 5 Project Management Certifications To Become A Great Project Manager!

The Lazy Project Manager

The PMP training certification examination can be passed only if you are perfect with all the techniques needed to plan and monitor a project from its start to finish. This includes planning, initiating, controlling, monitoring and closing the project. About the PRINCE2 Certification exam structure.