Project Risk Coach

NOVEMBER 1, 2021

The Project Management Institute (PMI) recently published the Project Management Body of Knowledge Guide (PMBOK®), Seventh Edition which is radically different from previous editions. 3 The Risk Management Principle 4 What is a Method? Table Of Contents. 1 PMBOK® Guides, Sixth Edition and Seventh Edition 2 What is a Principle?

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Risk Management Risk PMI PMO 394

Project Risk Coach

NOVEMBER 14, 2022

This article will provide clear guidance on how to define and assign risk management roles and responsibilities for projects and programs. Ensuring that all of the risks are addressed can be a daunting task, particularly for larger, complex projects. A risk owner may be assigned when risks are identified. Click Here Now.

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Risk Management Risk Underperforming Technical Team PMO 396

Rebel’s Guide to PM

SEPTEMBER 26, 2022

Mike Clayton defines risk as “uncertain events that can affect outcomes,” in his book, Risk Happens!: Managing Risk and Avoiding Failure in Business Projects. Risk management is the most important of your project controls. So what exactly is project risk management? Risk breakdown structures.

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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?

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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. What is a risk audit in project management? Who carries out the risk audit?

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Project Risk Coach

JANUARY 16, 2020

In case you missed some of my blog posts, I'm sharing my most popular project risk management posts of 2019. So, just how many of you came to the Project Risk Coach website in 2019? Risks derail our projects. Risks derail our projects. Furthermore, I've recently started the PMI-RMP for U.S. Project Managers.

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Rebel’s Guide to PM

MARCH 14, 2024

41% of experts report significant enhancements in project delivery since adopting AI-based tools and techniques. Sources: Markets and Markets , Nieto-Rodriguez/Viana Vargas , LinkedIn , Wavestone , APM Adoption of AI in project management 22% of project managers say AI tools are deployed in their organizations and in use today (Capterra).

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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.

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Project Risk Coach

OCTOBER 1, 2018

I recently had a project manager ask me which of the PMI certifications he should pursue. Certainly, the Project Management Professional (PMP) ® and the Project Risk Management Professional (PMI-RMP) ® certifications supercharged my project management career. And in 2012, I became in PMI-RMP. Thirty percent?

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Rebel’s Guide to PM

NOVEMBER 16, 2023

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 – we call these “ power skills.”

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ChatGPT Generative AI Artificial Inteligence PMI 469

Rebel’s Guide to PM

JULY 27, 2020

I ran a subscriber-only webinar a while back about trends in project management collaboration tools and the barriers to adopting new technology in a project environment. These are questions about collaboration tools that I hear time and time again, so I know many of you have the same queries. What tools do you use?

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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.

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Project Risk Coach

JANUARY 16, 2020

Thank you for being a part of the Project Risk Coach Community. In this article, I'm sharing my most popular project risk management posts of 2019. So, just how many of you came to the Project Risk Coach website in 2019? I also plan to speak and conduct more project risk management workshops for PMI Chapters in 2020.

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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.

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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. Enter Decision Tree Analysis, a robust tool that, quite literally, helps you see the forest for the trees. Outcome: The result of each event or risk happening (e.g.,

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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.,

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Risk Management Risk PMI Technical Review 268

ProjectManager.com

JANUARY 23, 2024

That’s because the project teams involved with these successful projects follow a defined and repeatable process, which mitigates risk and achieves objectives. It helps to complete projects on time, manage risk, achieve project goals, deliver more benefits and handle change with minor disruption.

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Rebel’s Guide to PM

MAY 7, 2023

One key tool to success is understanding how to use organizational process assets effectively. 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. But what is an organizational process asset (OPA)?

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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.,

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Risk Management Risk PMI Technical Review 240

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.

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ProjectManager.com

JULY 20, 2023

Jennifer Bridges, PMP, shows you what PM skills, PM tools and related experience you need to succeed in this competitive field. 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.

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Consulting Certification PMI Technical Review 381

Rebel’s Guide to PM

APRIL 2, 2023

They also have premium templates which you can get free if you are a PMI member. PMI Kickoff Kickoff from PMI® is an excellent free beginners project management course that comes in Agile and Predictive versions. Kickoff from PMI An excellent free beginners project management course that comes in Agile and Predictive versions.

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Prince2 PMI Certification Software Review 380

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.

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NimbleWork

NOVEMBER 30, 2023

This year, we participated in the Project Management Institute’s annual PMI Summit, held in Atlanta. Having devices and collaboration tools at hand provides access to stakeholders and team members has made it easier to stay connected and to communicate, collaborate and set expectations on a more timely basis.

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Techno-PM

MARCH 15, 2022

The Project Management Institute's Professional in Business Analysis (PMI-PgMP) certification is one of the most sought-after certifications for professionals who want to enter the project management field. This course is designed to help you prepare for and pass the PMI-PgMP Certification exam. Learn More About the Course !

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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!

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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.

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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.

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Rebel’s Guide to PM

MAY 4, 2021

That’s echoed in the PMI Pulse of the Profession 2021 report. Besides AI and automation, there will be different PM tools used for project management. There are more than 60 tools that support project managers in managing their tasks. There is room for this speciality; it’s a tool for creating detailed design. .

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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. Testing experts likely have better tools, debuggers, tactics, and techniques.

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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.

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Technical Review Software Review PMI 2023 292

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!

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ProjectManager.com

JUNE 15, 2021

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. > Give Your New PM The Best Tools For The Job. What Does a Project Manager Do? Try Our Award-Winning Project Management Software Free!

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Rebel’s Guide to PM

SEPTEMBER 14, 2021

This is a guest article by Brantlee Underhill, Managing Director, PMI, North America. Project Management Institute (PMI) understands this urgent need. They will know what to do when things don’t exactly go as planned, to manage and mitigate risks. Kickoff from PMI. These are skills that will serve any individual for life.

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ProjectManager.com

DECEMBER 13, 2021

For example, many project managers are accustomed to working within the PMI guidelines for best project management practices. Create project management documents such as a project budget, project schedule , resource management plan and a risk management plan. Certified Associate in Project Management (CAPM) certification by the PMI.

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Leading Answers

AUGUST 9, 2023

However, the greatest benefit of models is as a group alignment tool. Since knowledge work is now pervasive, tools that can get people on the same page are incredibly useful. This is why I created PMillustrated.com to explain project management to visual learners, and I am a fan of the PMI product Wicked Problem Solving (WPS).

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Rebel’s Guide to PM

MARCH 18, 2021

But what if you don’t use PMI methods? Whether you subscribe to the PMI way of thinking or use another approach based on your background, skills, experience, certification or the expectations of management, I’m pretty sure that you’ll have to create project documents. Documents are documents. You can grab the set I use here.

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