Project Accelerator News

MARCH 15, 2024

Whilst self-study is a necessary step for anyone studying for the APM PMQ, or indeed most other project management qualifications, it can be difficult to know where to start. We have put together some helpful tips to help you get the most out of your self-study.

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Budget Controlling Risk Management Executing 52

Project Risk Coach

OCTOBER 9, 2022

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 PMI Risk Management Professional (PMI-RMP®) exam. Which PMI Risk Standard Should You Study? The exam pilot occurred in December, 2021.

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Risk Management Risk 2009 PMI 195

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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Risk Risk Management Healthcare Executing 391

The Strategic Project Manager

MARCH 23, 2023

A Feasibility Study tells you whether it’s even possible to achieve the objective of a potential project, and can also point to the solution with the best chance of success. This post explores when you need a Feasibility Study, the process for doing one, and strategic and project management impacts.

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ChatGPT Technical Review Artificial Inteligence Risk Management 98

Project Risk Coach

JULY 18, 2023

"Practice makes perfect" is a timeless adage that holds true in various aspects of life, and it certainly applies to preparing for the PMI-RMP (Project Management Institute - Risk Management Professional) exam. This allows you to adjust your study plan, dedicating more time to areas where improvement is needed.

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PMI Risk Management Risk Closing 369

Kiron Bondale

DECEMBER 8, 2019

Inspection and adaptation are two of the pillars of the Scrum framework but all agile methods recognize the wisdom of Deming’s Plan-Do-Study-Act cycle. Assumptions which have not been validated are a common source of project risks. ” Agile teams embrace experimentation in many ways.

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Risk Risk Management Construction Agile 279

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.

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Risk Management Change Management Risk PMI 273

Rebel’s Guide to PM

APRIL 18, 2024

You study and do the job at the same time. They lead to professional qualifications and once you’ve finished the study time, you’ll be well placed to get a job in project environments whether that’s in your existing organization or elsewhere. All of them will give you project management skills to help you lead successful projects.

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Construction Engineering Certification Controlling 299

Productivity Land

JULY 4, 2023

Marketing studies will also help you get the first profit and increase your income in a matter of months. Flawless presentation, communication and debating skills, interpersonal qualities, and profound knowledge of the field are the exact aspects you will improve by studying marketing. appeared first on Productivity Land.

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Risk Management Risk Estimate Leadership 81

LiquidPlanner

FEBRUARY 14, 2022

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations.

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Risk Management Risk 2012 Prince2 167

Henny Portman

FEBRUARY 15, 2024

The book Project Portfolio Management in Theory and Practice – Thirty Case Studies from around the World by Jamal Moustafaev briefly explains project portfolio management by looking at the three pillars of project portfolio management: Project value. value vs. risk). Case studies. Strategic alignment.

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Technical Review Logistics Governance Government 52

Project Risk Coach

AUGUST 29, 2016

How to use key risk indicators Which would you prefer? To respond to risks after they occur or to see the risks early and take steps to prevent or reduce your risks? Project managers can get ahead of their risks by thinking differently. Furthermore, the parents could have rewarded good study habits.

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Risk Software Review Risk Management Underperforming Technical Team 170

Rebel’s Guide to PM

MARCH 23, 2023

There are also case study questions that you answer via the discussion prompts. It covers cost control, work breakdown structures, schedule risk analysis, cost risk analysis: these are weighty topics. You can also download the videos if you want to study in an area that doesn’t have internet connection.

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Technical Review Planning Certification Risk Management 471

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. Leadership is not a technical skill, but it can be studied and taught.

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Certification Leadership Risk Management Budget 357

Rebel’s Guide to PM

OCTOBER 7, 2023

It’s hard to know what they are looking for in the Sauce & Spoon case study, so if you’re working through the course, here are some tips as you prepare to submit your capstone assignments. It’s not an agile project management case study but I can tell you that it’s realistic. Below, you can see my assignment as an example.

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Certification Software Review Estimate Risk Management 309

Rebel’s Guide to PM

MAY 9, 2022

EMV is a risk analysis tool that helps establish the contingency reserves for your project activities. It’s a statistical technical for quantifying risk. You would use it to: Establish which new product option or solution is best Establish the contingency reserve required to offset project risk. That’s a negative risk, a threat.

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Software Review Technical Review Risk Management Risk 403

Rebel’s Guide to PM

OCTOBER 3, 2023

If you are studying for the Project Management Professional (PMP)® exam, this is the article you need to help you break down and understand the contents of the exam. The principles of project management from The Standard for Project Management will apply across the domains, so expect to study them all in an integrated way.

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Technical Review Software Review PMI 2023 298

Rebel’s Guide to PM

MARCH 11, 2024

However, the risk of getting the change aspects wrong can be huge. What you need to do to pass the course You can take the assessments without studying the course material, so if you’ve just read the book, or are a change management expert, you can try that. The Practitioner course is 4 hours 30 minutes of video across 20 modules.

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Software Review Technical Review Certification Change Management 318

iZenBridge

DECEMBER 9, 2019

In the past few PMP® Certification Facilitation sessions , many professionals have been asking me – What the Difference between Risk Appetite, Risk Tolerance, and Risk Threshold. . Here, we will discuss each term in detail and study the differences. What is Risk Appetite. You observe their risk attitude.

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Risk Risk Management Certification Defining 96

ProjectManager.com

NOVEMBER 21, 2023

Identify Project Risks All projects are risky endeavors. Therefore, one must plan for risks by identifying what might happen and then create a plan of action if it does. It also helps to prioritize their risks, note the likelihood of them happening, and, if they do, their severity.

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Finance Estimate Budget Risk Management 335

Rebel’s Guide to PM

MARCH 14, 2024

Uses of AI in project management AI is in use by project delivery practitioners and Project Management Office professionals, generally through tools like ChatGPT or Microsoft Copilot, and more specifically such as in tools designed to support particular domains like AI in risk management. 23% of organizations are using or planning to use RPA.

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Artificial Inteligence Technical Review 2028 2024 372

Techno-PM

AUGUST 7, 2023

Introduction A risk report is a formal document that gives a systematic and complete summary of the potential risks that an organization's operations, initiatives, strategies, or external environment may face. Methodology Risk report follows a systematic methodology to provide an accurate and comprehensive analysis of potential risks.

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Risk Risk Management Monitoring Technical Review 36

Project Risk Coach

SEPTEMBER 12, 2022

And the Reference Materials include two new PMI® Standards: The Standard for Project Management (found in the PMBOK® Guide, Seventh Edition 2021 ) The Standard for Risk Management in Portfolios, Programs, and Projects (2019) So, why do these new standards matter? Why Take the Risk? Yes, the new standards. It's costly to fail the exam.

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Project Risk Coach

SEPTEMBER 28, 2020

Let's compare the Project Management Professional (PMP®) and the PMI Risk Management Professional (PMI-RMP®) certifications. The PMI-RMP® is a globally recognized Project Risk Management Professional certification. All projects and programs have risks. Risk Strategy and Planning 19-20% II. PMI offers eight certifications.

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PMI Certification 2021 Risk Management 447

Rebel’s Guide to PM

MAY 7, 2023

You might have landed here for the same reason: studying for the PMP exam and wondering how to make sense of this nothing-y term. They might be influenced by market conditions (risk appetite statements might change, for example, if the market suddenly gets a lot more competitive).

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Process Technical Review Software Review Influencer 422

MPUG

OCTOBER 24, 2022

Assessing Risk. Countless studies over the last four decades point to similar findings: Approximately 50% of projects you undertake will be late and/or over budget, and approximately 25% will be cancelled. The post How to Quickly Calculate Your Project’s Risks for Success appeared first on MPUG.

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Risk Technical Review Manufacturing Budget 69

Rebel’s Guide to PM

SEPTEMBER 1, 2023

I spent a lot of hours reviewing the materials and studying the individual courses, and I hope that time helps you make a choice about whether the course is a good fit for your career needs. You don’t need any prior knowledge or pre-requisite study, or any particular education requirements in order to take the certificate.

Technical Review 340

Technical Review Certification Software Review PMI 340

Project Risk Coach

DECEMBER 14, 2020

Not sure what to study? The PMI Risk Management Professional (PMI-RMP)® is one of the eight PMI certifications. Individuals with this certification possess specialized knowledge and expertise in planning for risk management, identifying risks, evaluating risks, developing and implement risk responses, and monitoring risks.

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PMI 2021 2009 2012 259

Rebel’s Guide to PM

APRIL 24, 2023

Finding case studies of projects There are lots of case studies available to read about projects. The National Audit Office publishes reports each year on major project performance, and those reports regularly include examples and case studies. Tip You are probably have more experience working on projects than you think you do.

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Retail Governance Government Healthcare 407

Rebel’s Guide to PM

SEPTEMBER 24, 2023

You should look at what happened on past projects because that helps mitigate risk on your current project. You can tailor to fit the project’s: Size Importance Environment Team culture Risk Complexity. PRINCE2® fits in with the Management of Risk® guidance, also from Axelos. You’ll record your risks is a risk log.

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Prince2 Technical Review Governance Government 358

Wrike

FEBRUARY 23, 2021

There are plenty of strategies for managing risk on projects that your organization routinely performs. That’s precisely where a pilot study comes into play. . Introducing pilot studies in project management. What is the difference between a project trial and a project study? How to conduct a pilot study.

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Risk Management Defining Executing Risk 36

ProjectManager.com

AUGUST 22, 2023

Conduct a Feasibility Study A feasibility study will let you know if the project is worth initiating. Create Project Initiation Documentation The feasibility study on but one of many documents that’ll be created during the start of a project. Here are some others. All of that is important.

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Estimate Budget Defining Risk Management 271

Rebel’s Guide to PM

APRIL 12, 2022

Case study. However, this particular study turned up some interesting insights as you can see from the graph below. Case study. “I Case study. I documented this as a risk, and continued to communicate it up the chain to leadership, but nothing changed. Case study. Proactivity and ownership.

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Underperforming Technical Team Software Review Risk Management Engineering 373

ProjectManager.com

AUGUST 23, 2023

Many colleges offer a course of study in project management, but you can also study business management, engineering and other disciplines. They develop strategies, develop IT risk management plans and maintain schedules and budgets. They also work towards reducing risk and provide status reports to clients.

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Manufacturing Construction Certification Engineering 294

Rebel’s Guide to PM

JANUARY 21, 2021

What was that experience like, studying while working? It was a true challenge because studying takes time and dedication. Working 12 hours a day does not open much space for studying. We should be focusing on enhancing our ability to adapt, adjust to risks, and changes we were not expecting.

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Technical Review Logistics Innovation 2019 461

Rebel’s Guide to PM

MAY 31, 2023

You don’t need any prior knowledge or pre-requisite study, or any particular education requirements in order to take the certificate. It’s fully online so you can study around your day job or university requirements. The recommendation is 10 hours of study per week for 3 months. But it is up to you. What certificate do you get?

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Certification Technical Review Software Review 2023 338

Rebel’s Guide to PM

JULY 5, 2021

Is the course taught live or is it a self-study recorded option? This is all important because studying is hard enough as it is. Make your life easier by ensuring your learning materials are good quality and designed to help you study. Delivery mechanism. Or a blend of both? There is no ‘correct’ answer. Look into the company.

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Prince2 Certification Energy Risk Management 378