Project Management Institute defines risk as “an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.” Potential risks include external, internal, technical, or unforeseeable threats and opportunities to your project and deliverables. Learn more about how to identify risk in project management and what you should […]
Documenting your continued efforts to remain current in Project Management skills, tools, and standards is required for maintaining that hard-earned Project Management Professional (PMP)® designation from the Project Management Institute (PMI). PMI uses its Professional Development Unit (PDU) as its measurement for continuing education. To remain an active PMP credential, Project Managers must continuously earn
Earning a passing score on the Project Management Institute (PMI)’s Project Management Professional (PMP)® exam is a milestone! It is also not the end of your professional development. The PMI uses their Professional Development Unit (PDU) measurement for their continuous education system. To remain a PMP credential, a Project Manager must continuously earn Professional Development
What do all projects of all sizes across all industries have in common? The answer is risk. It is just one reason Project Management Institute’s (PMI) standards and certifications for the Project Management Professional (PMP)® certification include risk management. The universal fact of risk is every project will have a unique blend of risk types
Earning a PMP certification is a significant achievement that demonstrates your knowledge, experience, and dedication to excellence in project management. PMP credential holders must meet ongoing professional development requirements to uphold this high standard of expertise. You are required to track your professional development activities using the Project Management Institute (PMI) metric of Professional Development
Ever heard the phrase, “reading is fundamental?” It is true and could be expressed further as “reading is fundamental for PMPs.” The Project Management Institute (PMI) manages the Project Management Professional (PMP)® certification process, including the tracking of Professional Development Units (PDUs) to maintain any active PMP credentials. Most PMP credential holders think only of
The Project Management Institute (PMI) manages the Project Management Professional (PMP)® certification process, the PMP® exam administration, and the PMP exam content, including changes within those components. In January 2021, PMI released a new PMP® certification exam, followed in August 2021, by a new Guide to the Project Management Body of Knowledge (PMBOK® Guide) –
There are many Project Management Professionals (PMP)® who use plan risk responses in the plan of their projects. Just as you learned from the Project Management Institute (PMI) standards, you use Risk Management processes and tools to increase the probability of a successful project outcome. Once identified risks have been captured in the Risk Register,
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,
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
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