Rebel’s Guide to PM

SEPTEMBER 7, 2024

Did you know that 56% of your project budget might be at risk due to poor communications? Perhaps that number (from research by PMI ) surprises you, but I’m sure you aren’t surprised by the fact that good communication management on projects leads to higher success rates. who support it.

Communications Management 312

Communications Management Underperforming Technical Team Cadence Monitoring 312

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 440

Risk PMO Risk Management Governance 440

ProjectManager.com

APRIL 10, 2025

Based on the Project Management Institute (PMI) framework, these phases help project managers and teams stay organized, manage resources effectively, and achieve project goals. They facilitate risk identification, coordinate early resource discussions and ensure stakeholder engagement. What Are the 5 Project Management Phases?

Software Review 221

Software Review PMO Technical Review Risk Management 221

Rebel’s Guide to PM

AUGUST 29, 2021

Risks matter. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

Risk 349

Risk Technical Review Risk Management Estimate 349

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. Related: Free Project Budget Template for Excel. Project Risk Management.

Risk Management 521

Risk Management Monitoring Estimate Technical Review 521

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

ProjectManager.com

JUNE 24, 2022

Project budgeting: A program manager must keep track of several project budgets. Risk management: A program manager is responsible for the success or failure of a program. That’s why this role requires excellent risk management skills. Delivering successful project outcomes (ensuring it is on time and under budget).

Project Life Cycle 545

Project Life Cycle Certification PMI Software Review 545

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.

Artificial Inteligence 511

Artificial Inteligence Logistics PMI Performance Measurement 511

Rebel’s Guide to PM

FEBRUARY 17, 2025

You could be the project sponsor for significant high-profile projects with far-reaching impact, political sensitivities or business criticality, and high-risk dependencies across the business. Ensuring that all project management best practices are followed including effective change control and risk management.

Certification 275

Certification PMO Prince2 Leadership 275

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. There are two major certifying bodies, PRINCE2 and the Project Management Institute (PMI). What Does a Project Manager Do?

Certification 476

Certification Prince2 Monitoring PMI 476

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.

Certification 468

Certification 2022 Prince2 PMI 468

ProjectManager.com

JANUARY 23, 2024

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. On the other hand, if an organization has underdeveloped management, the more likely that its projects will have trouble meeting deadlines and staying on budget.

Underperforming Technical Team 458

Underperforming Technical Team Risk Management Budget Software Review 458

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

SEPTEMBER 14, 2020

By the way, the answer to that question is: “Yes, let me analyze what the impact will be and bring you a recommendation for what that means for our current budget and timeline.”). These are laid out in a research paper from PMI *. Scope creep happens when the project sponsor says, “Can you just…?”. (By

Underperforming Technical Team 488

Underperforming Technical Team 2009 PMI Risk Management 488

Rebel’s Guide to PM

APRIL 1, 2019

PMI defines a Knowledge Area in the PMBOK® Guide – Sixth Edition Glossary like this: An identified area of project management defined by its knowledge requirements and described in terms of its component processes, practices, inputs, outputs, tools, and techniques. Knowledge Areas: Definition. What exactly are ‘Knowledge Areas’?

PMI 405

PMI Risk Management Risk Estimate 405

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. Yes, it’s a lot.

PMI 476

PMI Technical Review Influencer Leadership 476

Rebel’s Guide to PM

APRIL 2, 2023

I’ve also included some low cost/high value resources that I find myself recommending frequently to people who are on tight budgets. They also have premium templates which you can get free if you are a PMI member. Kickoff from PMI An excellent free beginners project management course that comes in Agile and Predictive versions.

Prince2 430

Prince2 PMI Certification Software Review 430

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. Here are the most important responsibilities of a project manager.

Project Life Cycle 448

Project Life Cycle Prince2 Certification PMI 448

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 413

2012 2013 PMI Risk Management 413

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

ProjectManager.com

OCTOBER 6, 2023

They’re responsible for making sure that the related projects are completed on time and within budget. They standardize best practices and oversee related business administration, risk management and change management. The responsibilities of a PMO director are varied.

PMO 459

PMO Software Review Governance Government 459

ProjectManager.com

SEPTEMBER 28, 2023

To ensure that your project is meeting scheduling and budget milestones, you need to have project metrics to measure your progress and performance. Project metrics are essential to delivering a project on time and within its budget. But what are project metrics? Why are they so important to a project? Download Excel File 5.

Budget 457

Budget Risk Management PMI Software 457

MPUG

OCTOBER 15, 2024

While these innovations have brought about remarkable advancements, they have also, at times, diverted attention from the core principles of project controls: Schedule Management, Cost Management, Risk Management, and Quality Management. Cost Management : Accurate budgeting and cost control are fundamental to project success.

Controlling 111

Controlling Agile Artificial Inteligence Technical Review 111

ProjectManager.com

OCTOBER 21, 2022

Program managers must excel at risk management, resource management and project planning , among other things. They manage the program budget. They manage the risks and issues that might arise over the course of the program life cycle and take measures to correct them when they occur. Learn more. What Does a Program Manager Do?

Certification 418

Certification PMI Risk Management Leadership 418

Project Risk Coach

SEPTEMBER 8, 2020

Here are some examples: I had an opportunity to meet other project managers at a PMI Chapter meeting. She was able to schedule a one-hour meeting to discuss top project risks. When we exploit an opportunity, we make the upside risk happen. The cost of the laptops is greater than you had budgeted. register now.

PMI 248

PMI Risk Management Risk Executing 248

Rebel’s Guide to PM

FEBRUARY 15, 2022

He shared it with delegates at the PMI Global Congress EMEA in 2015 (it’s still relevant today) and it will give you a huge degree of clarity when starting to work with a new group of project stakeholders or a new sponsor. Emad Aziz, at the PMI Global Congress. Emad Aziz has a model that will make sure you do. And it’s easy.

2015 422

2015 PMI Risk Management Budget 422

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.

Software Review 442

Software Review Technical Review Risk Management Risk 442

Rebel’s Guide to PM

OCTOBER 15, 2021

According to PMI, 11.4% B Blue Project closed R Red Project is likely to deliver late/over budget A Amber Project has missed some targets but overall end date/budget is not at risk G Green Project on track. It could be over budget, running behind schedule or have uncontrolled scope changes (or all three).

Software Review 415

Software Review PMO Closing Risk Management 415

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 407

Artificial Inteligence Technical Review 2028 PMI 407

The Lazy Project Manager

SEPTEMBER 10, 2018

It shows how you plan, schedule the budget, execute it, deliver and report them on IT initiatives. The CAPM certification or Certified Associate in Project Management is the precursor of the PMP certification and is also accredited by the PMI. About the PMI-ACP certification exam structure. PMI-ACP certification prerequisites.

Certification 116

Certification Prince2 PMI SCRUM 116

ProjectManager.com

AUGUST 22, 2023

Project Budgeting The project budget is what the project will cost to complete. Project budgets are estimated by project managers and then approved by the project client or stakeholders. Risk Management A project risk is an unexpected event, which can be positive or negative.

Certification 370

Certification Leadership Risk Management Budget 370

Kiron Bondale

FEBRUARY 20, 2022

Project management standards such as the PMBOK® Guide, Sixth Edition state that contingency reserves, which are established to offset the cost or schedule impacts of realized identified risks, are considered part of the project budget and cost baseline. This matches my own experience from the previous two companies I worked for.

Risk Management 328

Risk Management PMI Construction Budget 328

ProjectManager.com

JULY 10, 2018

The project manager is responsible for bringing the project in on time and within budget, but there is a team of people who help steer that big ship successfully to port, often working collaboratively via project management software. Research cited by PMI notes that 70-85% of all project rework is caused by errors in requirements.

PMI 310

PMI Certification Logistics Monitoring 310

ProjectManager.com

NOVEMBER 19, 2021

To begin, let’s look at the five project management process groups defined in the Project Management Book of Knowledge (PMBOK), published by the Project Management Institute (PMI), the leading industry trade group. You create a project schedule, designed to manage time, cost, quality, changes, risk and any project-related issues.

Process 433

Process Monitoring Controlling Software Review 433

ProjectManager.com

JANUARY 26, 2022

You’ll also want to bring up risks and other issues that might impact the engagement. You also estimate the project budget at this time. Finally, you must create a communication plan and a risk management plan. Part of that monitoring includes the budget and costs accrued over the course of the project. Project Planning.

Software Review 397

Software Review Certification Risk Management Construction 397

Rebel’s Guide to PM

SEPTEMBER 29, 2021

In the PMI Business Analysis Practice Standard, business analysis is defined like this: The set of activities performed to identify the business need and recommend relevant solutions; and to elicit, document, and manage requirements. The responsibilities of a BA and PM on a project. What does a business analyst do? Interpersonal skills.

2020 445

2020 Certification PMI 2013 445

Rebel’s Guide to PM

NOVEMBER 23, 2022

And in PMI terms, that means doing project integration management – a non-job jargon term if ever there was one. This means keeping track of milestones and deliverables, ensuring communication among team members, and managing risks. This should include your project schedule, budget, and objectives. It’s alignment. It’s the glue.

Risk Management 418

Risk Management Controlling Budget Risk 418