Project Management Blog - Page 17 of 36 - Resources for Project Management

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 Management

Risk Audit vs Risk Review

Brent Nair

Quick question: Your risk register shows everything’s green, but something feels off about your risk management approach. Do you need: If you picked C, you’re in good company. Most project managers know these tools matter, they just don’t know why they’re different or when each one saves the day. If you’re a student studying for

Risk Management

What is a Risk Register: What It Includes, Who Creates It, and How to Build One

Erin Aldridge, PMP, PMI-ACP, & CSPO

Failure. That’s what awaits every project manager who treats risk like an afterthought instead of a strategy. Skip risk management, and your project crashes. It’s that simple. The Risk Register is the one tool that prevents this, and every smart project manager uses it daily. It should go without saying that risk is inevitable on

PMP Exam Prep, Project Management, Risk Management

Introduction to Risk Breakdown Structure PMP

Erin Aldridge, PMP, PMI-ACP, & CSPO

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

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

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

Brent Nair

Early in my project management career, my mentor said if you fail to account for, identify, and manage risk, you need to ensure your resume is up to date. Project management is most frequently associated with cost, quality, and time. Yet, those three legs of project management are all directly impacted by risk. Risk management

Risk Management

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

Megan Bell

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

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

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