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Project Management Academy

Introduction to Cost Risk in Risk Management

As a Project Management Institute (PMI)® Project Management Professional (PMP)®, your success depends on managing project risks, including cost risks. A primary concern of many stakeholders is the project exceeding the budget, so a solid risk management plan that addresses cost risks is essential. This article explores types and examples of cost risks and how …

How to Use Risk Matrix in Project Management

How to Use a Risk Matrix in Project Management

Within the perform qualitative risk assessment process, each identified risk’s probability and impact score is mapped within the risk matrix tool to help the Project Manager and team better understand how certain risks may impact the project. The risk matrix tool communicates the overall project risks and supplies information, increasing the effectiveness of a risk …

Introduction to “Leadership in Project Man

Developing Leadership Skills in Accordance with the PMI Talent Triangle®

If you have a PMI certification, such as the Project Management Professional (PMP)®, you know how critical leadership skills are. For one, you must learn leadership techniques and styles for the PMP exam. And on the job, a good project manager both leads and manages. Project Management Institute (PMI) recently updated the Talent Triangle to …

PDU Requirements for Maintaining Your PMI Certification

PDU Requirements for Maintaining Your PMI Certification

PMI uses Professional Development Unit (PDU) requirements aligned to the PMI Talent Triangle® for their Continuing Certification Requirements System (CCRS). This is used to manage certification status for all credential holders. On this page: Maintain your PMI certifications like the PMP® PMI Talent Triangle® PDU requirements Ways to earn PDUs Continuing Certification Requirements System (CCRS) …

Advance Your Career in Project Management with Business Acumen Skills

Business Acumen for Project Management

The Project Management Institute (PMI)® designed the PMI Talent Triangle® to include “business acumen” as one of three pillars to earn Professional Development Unit (PDU) credits towards PMI certifications. On this page: Earn PDUs for Business Acumen Skills PMI Talent Triangle: Business Acumen How can learning business acumen skills advance your career? Business Acumen PDU …

PDU Requirements for Renewing Your PMP Certification

The day you earn your Project Management Professional (PMP) certification from the Project Management Institute (PMI), your Continuing Certification Requirements (CCR) cycle begins. This CCR cycle is a three-year period during which you must earn and report Professional Development Units (PDUs) to renew your PMP certification. Learn more about PMI’s PDU requirements for honing your …

How to Monitor Risks in Project Management: This Is What Professionals Do

Managing projects means learning how to handle positive and negative risks efficiently. As a project manager, you need to understand how to monitor project risks to avoid and mitigate threats while taking advantage of opportunities. Monitoring risks is crucial for effective project management. Learn more about the Monitor Risk PMP process and learn from Project …

CDU vs PDU: Similarities and Differences in Continuing Education

After earning any professional certification, you will most likely have to maintain the certification by pursuing professional development or continuing development activities. It is common for professional associations to offer their own brand of units to track and measure these activities. Two examples of these units are PDUs and CDUs. Learn more about the difference …

Easiest Ways to Earn PDU Credits in Project Management

Earning Professional Development Units (PDUs) to maintain your Project Management Institute (PMI) certification can be challenging for busy project managers. Here are some of the easiest ways to earn PDU credits in Project Management, which will fulfill PMI’s Continuing Certification Requirements. On this page: PDU Project Management Categories and Requirements Easy ways to PM PDUs …