Project Management Academy Blog - Page 15 of 34 - Resources for Project Management

Risk Register in Project Management

Erin Aldridge, PMP, PMI-ACP, & CSPO / December 29, 2021

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 […]

Introduction to Risk Breakdown Structure PMP

Erin Aldridge, PMP, PMI-ACP, & CSPO / December 21, 2021

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

Risk Management

Introduction to Risk Management Plan

Erin Aldridge, PMP, PMI-ACP, & CSPO / December 20, 2021

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

Project Management

14 of the Best Project Management Certifications

Erin Aldridge, PMP, PMI-ACP, & CSPO / December 15, 2021

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

Risk Management

The Risk Report in Project Management

Megan Bell / December 1, 2021

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

Risk Management

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

Megan Bell / November 29, 2021

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)

Project Management, Risk Management

Intro to Risk Audits in Project Management

Megan Bell / November 22, 2021

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

PMP Formulas

Probability of Occurrence

Megan Bell / November 17, 2021

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

PMP Certification

PMP® Certification Renewal: Your Comprehensive Guide

Erin Aldridge, PMP, PMI-ACP, & CSPO / November 15, 2021

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

PMP Certification

PMP vs PRINCE2 Certification

Megan Bell / November 11, 2021

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