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Project Management Academy

PMI’s Continuing Certification Requirements (CCR) Program

Earning a professional certification such as the Project Management Professional (PMP)® credential through the Project Management Institute (PMI) is a great way to enhance your skillset and accelerate your career in project management. Your next step is maintaining your PMP® certification by taking live or online courses, attending activities and events related to the profession, …

Risk Audit vs Risk Review

Project managers include the risk audit and the risk review in their overall risk management process work with complex or large projects. Within the Project Management Professional (PMP)® exam, there are frequently questions designed to assess one’s knowledge of the uses of the risk audit and the risk review to ensure the different purposes are …

Risk Register in Project Management

Risk is such a given in any project that, as we like to say, the biggest risk is ignoring project risk management. One strategy to help you anticipate and plan for potential project risks is creating a risk register and risk report. Project Management Professionals (PMP) use a risk register and risk report on risk-driven …

intro to risk breakdown structure

Introduction to Risk Breakdown Structure PMP

Since every project comes with risks, every project manager should be well versed in the risk management process. Risk management involves identifying, assessing, and managing risks using established industry guidelines and best practice standards. Identifying risks can help project managers produce a list of all known potential risks. However, this list doesn’t help you decide …

Introduction to Risk Management Plan

All projects have inherent risks. After all, risk is an uncertain event or circumstance that can cause or influence a positive or negative result. Not even a Project Management Professional (PMP) can completely stop the risk, but they can make a risk management plan to address, mitigate, and manage the risks of the highest probability …

7-best-project-management-certifications-updated-for-2020

14 of the Best Project Management Certifications

Qualified project managers are in high demand in every industry and location. As technology and organizations become more complex, it is increasingly evident how crucial project managers are to the success of ongoing projects and new opportunities. If you are looking to take your career to the next level, pursuing a certification in project management …

The Risk Report in Project Management

Project management is most frequently associated with the topics of cost, quality, and time. Yet, those three legs of project management are all directly impacted by risk. Risk management is crucial in all projects; whether an opportunity or threat, all risks should be identified and planned to increase the possibility of a successful outcome for …

Introduction to Event and Non-Event Risk on the PMP Exam

There are not many “sure things” in the world, but the fact that professional project managers have lost countless hours of sleep worrying about what could go wrong is one of them. Risk management is a robust skillset within project management, such that extensive knowledge of it is needed for the Project Management Institute (PMI) …

Intro to Risk Audits in Project Management

Risk is part of any project, of any size, in any industry. The size of risk, and whether it will have a positive or negative impact on the project’s outcome will vary. But there is always risk in any project. Risk Management plans, which include Risk Assessment and Risk Audit activities, are critical tools for …

Probability of Occurrence

Project Managers use a combination of experience, insight, and quantifiable data to assess potential project risks. In project management, determining the probability of occurrence is one factor in the overall risk assessment and planning work. For the Project Management Institute’s (PMI) Project Management Professional (PMP)® certification exam, and as part of continuous skill development, it …