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 …
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 …
Continue reading 14 of the Best Project Management Certifications
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 …
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) …
Continue reading Introduction to Event and Non-Event Risk on the PMP Exam
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 …
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 …
Earning your Project Management Professional (PMP)® certification is a significant achievement. This credential can help accelerate your career, increase your earning power, and demonstrate your qualifications to employers, clients, and peers. The Project Management Institute (PMI) has a 3-year cycle for their certification renewal process, which requires all certification holders, including PMP, to acquire and …
Continue reading PMP® Certification Renewal: Your Comprehensive Guide
One of the most powerful advantages of being a Project Manager is its a skill set not confined to any industry or business type. Project Management Institute (PMI) research indicates project management-oriented careers in seven sectors are expected to grow by 33%, or nearly 22 million jobs, through 2027. In the next seven years, that …
While planning a project, you may discover some tasks or products can either be accomplished in-house or by a vendor. Make or Buy Analysis is a PMP exam technique that will help you decide which option is better. On this page: Make or Buy Analysis PMP Definition Factors to Consider for Make or Buy Decision …
Those looking to expand their project management career often ask for advice about which certification to pursue: Waterfall or Agile? Given the prevalence of the Project Management Professional (PMP)® certification for those using traditional (or “waterfall”) project management methodologies, some refer to any project certification as “PMP.” But in fact, there are separate certifications for …
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