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? Why is ERM important?

Risk Management 268

Risk Management Risk PMI Technical Review 268

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.

Risk Management 273

Risk Management Change Management Risk PMI 273

Rebel’s Guide to PM

NOVEMBER 16, 2022

I’ve dived into the world of citizen development to help you decide if you should take this PMI Foundation and Practitioner course. Business users, like project managers and teams, are using this approach to take some of the workload off application developers. But is this just a fad and another pointless certification? Ideation 2.0:

Software Review 392

Software Review Technical Review PMI Application Development 392

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? It won’t.

Risk 384

Risk Prince2 Risk Management PMO 384

Project Risk Coach

OCTOBER 4, 2021

The Project Management Body of Knowledge (PMBOK) 6th Edition defines Monitor Risks as “the process of monitoring the implementation of agreed-upon risk response plans, tracking identified risks, identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project.”

Monitoring 221

Monitoring PMI Risk Risk Management 221

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? Why is ERM important?

Risk Management 240

Risk Management Risk PMI Technical Review 240

Project Risk Coach

OCTOBER 5, 2020

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.”

Risk 418

Risk Prince2 Risk Management Governance 418

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 ).

Risk Management 221

Risk Management Risk 2009 PMI 221

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?

Risk 408

Risk PMO Risk Management Governance 408

Project Risk Coach

OCTOBER 1, 2018

I recently had a project manager ask me which of the PMI certifications he should pursue. That depends—it depends on your goals as a project manager. Certainly, the Project Management Professional (PMP) ® and the Project Risk Management Professional (PMI-RMP) ® certifications supercharged my project management career.

PMI 214

PMI Certification 2001 2012 214

Project Risk Coach

OCTOBER 18, 2021

Are you aware that the Project Management Institute (PMI) is updating the PMI-RMP exam? Let's look at the PMI-RMP Pilot Exam process, what's different in the exam, the Pilot Exam Content Outline, and how to apply. 1 PMI-RMP Pilot Exam 2 What's Different in the New PMI-RMP Exam? Table Of Contents.

PMI 221

PMI 2021 Certification 2019 221

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. Program Management.

Underperforming Technical Team 221

Underperforming Technical Team Risk Management Risk Technical Review 221

Project Risk Coach

NOVEMBER 6, 2017

Every project has risks—events or conditions that, if they occur, have positive or negative effects on a project’s objectives. And project managers are risk managers, some better than others. Here are some things you should know about the PMI-RMP. Here are some things you should know about the PMI-RMP.

PMI 247

PMI Certification Risk Management Risk 247

ProjectManager.com

DECEMBER 12, 2018

Project management is no different. 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. Quick Facts About PMI. The PMI footprint is huge.

PMI 296

PMI Technical Review Certification Software Review 296

Project Risk Coach

SEPTEMBER 12, 2022

On April 1, 2022, the Project Management Institute (PMI®) rolled out the new PMI-RMP® exam. In this article, let's examine why the new PMI® Standards matter and what to look for in your PMI-RMP® training. In December 2021, PMI® conducted a pilot of the new exam. Become a PMI-RMP® - Join Now!

PMI 221

PMI 2022 2009 2021 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 330

Risk Technical Review Risk Management Estimate 330

Rebel’s Guide to PM

OCTOBER 10, 2023

If you’ve been on LinkedIn recently, you’ve probably seen someone in your network sharing that they have earned the Generative AI Overview for Project Managers badge by completing a PMI training course. Head over to the PMI website, register for a free account. Is the course worth your time? The short answer is yes.

Generative AI 313

Generative AI PMI Artificial Inteligence Technical Review 313

Project Risk Coach

NOVEMBER 2, 2020

In today's article, I'll test your understanding of risk attitude. We'll also explore different risk attitudes and how they can affect risk evaluations. Project managers should seek to understand the risk attitudes of key stakeholders because: A. Negative risk attitudes can reduce a project team's motivation.

Risk 334

Risk PMI Risk Management Defining 334

Project Risk Coach

JUNE 20, 2022

The Project Management Institute (PMI) released the PMBOK® Guide, Seventh Edition in July 2021. In this article, let's look at each principle and why each one matters with respect to managing risks. Optimize Risk Responses 11. For example, one of the PMBOK® principles is to optimize risk responses.

Risk Management 195

Risk Management Risk Technical Review Underperforming Technical Team 195

ProjectManager.com

NOVEMBER 27, 2019

What do you need to know to succeed at project management? While there’s some truth to that joke, it’s not helpful to the student or the experienced professional who is looking for a way to understand the myriad responsibilities of being a project manager. What is PMBOK in Project Management? Project Integration Management.

Risk Management 515

Risk Management Monitoring Estimate Controlling 515

Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. For example: a project management artifact is the project closure document.

Logistics 511

Logistics Artificial Inteligence PMI Performance Measurement 511

ProjectManager.com

OCTOBER 6, 2022

There are several project management certifications that you can get to become a project management professional. To determine which one is best for you, you’ll need to think about things such as your project management skills, the career path you want to choose or your desired project management methodology specialization.

Certification 468

Certification 2022 Prince2 PMI 468

Project Risk Coach

MAY 21, 2023

Project management standards matter because they provide consistency and predictability. In this article, we will explore five benefits of studying PMI's Standard for Risk Management in Portfolios, Programs, and Projects. They help us avoid confusion, mistakes, and chaos.

Risk Management 221

Risk Management Risk PMI Certification 221

Rebel’s Guide to PM

AUGUST 2, 2022

Earlier this year, searches for “project management” reached an all-time high on Google , and these searches are widespread, reaching the far corners of the globe. The surge in project management is creating a career path for changemakers. Here’s what those career benefits of project management look like.

2030 471

2030 PMI Infrastructure Certification 471

ProjectManager.com

NOVEMBER 14, 2024

Project leadership is in flux and a good manager knows never to become complacent. In Review: 7 Ways Project Manager Roles Are Changing As Jennifer said, project manager roles are changing. ” In short, you’re going to need strategic and business management skills to stay competitive. What do you do?

Underperforming Technical Team 397

Underperforming Technical Team Technical Review Artificial Inteligence Logistics 397

Project Risk Coach

JUNE 26, 2023

Becoming a PMI Risk Management Professional (PMI-RMP®) can be difficult. Project managers are busy people. How can these individuals earn the required PMI-RMP contact hours? One hour of project risk management instruction equals one contact hour. What is a Contact Hour? What is the Time Frame?

PMI 39

PMI Certification 2019 Risk Management 39

Kiron Bondale

FEBRUARY 27, 2022

While presenting the project risk management knowledge area from the PMBOK framework, when I indicated that while in our daily conversations risks are usually threats there can be positive risks as well, I was met with some disbelief and skepticism. A positive risk is not something recognized outside of the PM space.

Risk 334

Risk Risk Management PMI Construction 334

ProjectManager.com

JUNE 15, 2021

Project managers are the point person in charge of a specific project or projects within an organization. We regularly feature project management resources to help train PMs to land jobs in the industry or develop better skills in their current role. What Does a Project Manager Do? How Much Does a Project Manager Make?

Certification 476

Certification Prince2 Monitoring PMI 476

Rebel’s Guide to PM

NOVEMBER 16, 2023

In our annual global survey , one in five (21 percent) respondents say they are using AI always or often in project management. For project professionals, we recommend exploring AI tools by first understanding what project tasks and deliverables can be automated easily and without risk.

ChatGPT 478

ChatGPT Generative AI Artificial Inteligence PMI 478

Rebel’s Guide to PM

APRIL 1, 2019

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide – Sixth Edition. All the things you need to know and do for successful risk management, for example, are bundled under the Risk Management Knowledge Area. So how many knowledge areas are there in project management?

PMI 387

PMI Risk Management Risk Estimate 387

ProjectManager.com

JUNE 24, 2022

Project manager vs. program manager. Program managers are more strategic in their thinking and deliverables, while the project manager is often working on day-to-day task management on a more cellular level. Here are two quick definitions of project and program in project management. Learn more.

Project Life Cycle 545

Project Life Cycle Certification PMI Software Review 545

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. The New PMI-RMP® Exam PMI released the new PMI-RMP® Exam on April 1, 2022.

Risk Management 195

Risk Management Risk 2009 PMI 195

Project Risk Coach

MARCH 26, 2024

Individuals often register for the PMI-RMP exam with the intention of advancing their careers, but some fail to complete their studies or pass the exam. Develop a Personalized Study PlanSome individual's study plan is […] The post Mastering the PMI-RMP Exam: Effective Study Strategies appeared first on Project Risk Coach.

PMI 221

PMI Risk Planning Risk Management 221

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. Instead of the Knowledge Areas , we have the whole body of project management split up into 3 performance domains. Domain I: People.

PMI 473

PMI Technical Review Influencer Leadership 473

Rebel’s Guide to PM

MAY 7, 2023

Project managers are often faced with the challenge of managing complex projects and ensuring that they stay on track. I’ll confess: when I started out as a project manager, this was a piece of jargon that honestly didn’t mean much at all? But what is an organizational process asset (OPA)? Think intranet or policy library.

Process 433

Process Technical Review Software Review Influencer 433

Rebel’s Guide to PM

MAY 4, 2021

Recently I spoke with Lela Machaidze on Clubhouse about future trends in project management. That’s echoed in the PMI Pulse of the Profession 2021 report. The next topic that comes to mind for the future of project management is data science and analytics. Read next: Project Management Trends. Community shares.

Artificial Inteligence 482

Artificial Inteligence PMI 2021 PMO 482

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. This requires an organization with a well-developed project management process. This is done by using a project management maturity model. What Is Project Management Maturity?

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Underperforming Technical Team Risk Management Software Review Budget 380