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PMI Information Systems & Technology Symposium 2016 (On Demand)

June 30, 2016 | Online

Overwhelmed by how technology is transforming project management? Looking to increase your productivity and learn new tech tools but don't know where to begin? No matter what your focus—medical, manufacturing, product design or otherwise—this virtual day of learning will deliver years of enduring value, with exclusive insights on how project managers are using new technologies.

Upcoming Webinars

Risk Management Process Measurement

Nov 15, 2016 12:00 PM EST (UTC-5)
PREMIUM webinar

Risk Management is believed to be an important part of the program management process, so much so that there are hundreds of consultants and software products focused solely on this. There are many ways that the risk management process activity is measured, but none that measure whether the process actually provides value to the project. This webinar is a follow on to the first one, which tackled how to measure identification of risk. This second webinar will take on how to measure the management of risk.

Boost Your Problem Solving: Leverage Mental Models For Success

Nov 17, 2016 12:00 PM EST (UTC-5)
PREMIUM webinar

We've all been in this situation: the project is falling behind schedule. Project team members come to you expecting answers. Vendors are late. There are numerous bugs in your code. How do you handle the situation? You need the ability to solve problems creatively. In this webinar, you will learn how to use mental models from multiple fields to solve problems faster.

On-demand Webinars

Getting Project Risk Management Right

by Mario Trentim, PMP, PMI-RMP, PfMP
September 06, 2016 | 53:59 | Views: 2,240 | PDUs: 1.00 | Rating: 5.38 / 7

Identifying risks that are not related to the project is a common mistake, leading to incorrect analysis and poor responses. The end result is that risk management is frequently adding more waste and inefficiency instead of helping to increase project success rates.

See all Risk Management On-demand webinars

Save Time With Tools + Templates

Soothsayer™ for Project Risk Analysis

by William Davis

If you could look at your project’s risk register, then peer into a crystal ball and foretell which risks will occur sometime during your project’s execution phase, would that be helpful? And if you could tell your project sponsor, with 90% confidence, how much risk contingency you need to protect your project – would you be interested? Learn how to soothsay your risk register using a special Microsoft Excel® template to do risk analysis. Use this deliverable in conjunction with the Soothsay Your Risk Register article.

Statistical PERT® (SPERT™) Estimation Worksheet for Task Duration Forecasting

by William Davis

This spreadsheet has worksheets showing the results of a Monte Carlo simulation on a sample project's work effort hours, and a companion estimate using Statistical PERT. This way, you can see how you can use just the built-in functions of Microsoft Excel to do probabilistic, risk-based estimation. Textbox comments have been added to the worksheets to aid in understanding. Use this in conjunction with the article Risk Management Starts Sooner Than You Think.

Project Status Update (Presentation)

PREMIUM presentation
by Daniel Grzybek

This presentation template is a formal customer-facing status report used for medium to larger projects, or for reporting multiple projects with the same stakeholder audience.

Learn From Others

Red, Yellow, Green: Lessons for the Project Manager

by Robert Barger, MBA, PMP

Many organizations use a red, yellow, green rating system to quickly update senior management on the status of a large number of projects. Red indicates that some aspect of the project has fallen behind, encountered a setback or is outside of expected parameters. As the project manager, red is not necessarily your fault, but it is definitely your time to shine.

Picking Things Up Midstream

by Kenneth Darter, PMP

In a perfect world, you start working on a project when the project is initiated. However, we do not live in a perfect world. Sometimes, you need to be ready to start on a project when it is already in progress.

Protecting Project ROI for Project Sponsors

by Kent Lefner

It is critical that business leaders have the ability and courage to mitigate risk up front and actively monitor and act on project risks and performance as early warning signs materialize. Here we look at a framework to help business and project leaders actively, transparently and honestly monitor risk and issues through the entire project lifecycle.

Strategizing for Risk Mitigation: What Are Your Options?

by Mike Donoghue

How you react to unexpected events is important to reducing the detrimental impact they can have on your organization. There are a number of techniques in which your risk mitigation plan can be designed to help you soften the blows incurred when exposed to individual risks.

3.5 Steps to Effective Risk Management

by Bruce Garrod

Not all project teams have the luxury of adequate time and budget to clearly define all elements of a project prior to starting delivery. This is not to say project managers shouldn’t be very detail oriented, but rather look for a balance between building a detailed plan and the business need to quickly deliver.

More Changes to Risk Management for Organizations

by Kevin Coleman

Today, risk management is an essential tool that enables C-level executives and boards of directors to understand the level of risk to the organization, the distribution of risks that contribute to that total, and insights into how best to manage strategic risks.

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Discussion Rules

Recent Questions

Topic Originator Last Post Votes Replies
What are the most commonly used risk mitigation strategies?   Anupam Ganguly  Oct 21, '16 12:01 PM 
How often should a risk assessment take place?  Anupam Ganguly  Oct 21, '16 7:19 AM 
Do you know about Committee of Sponsoring Organizations 'COSO' ?   Anupam Ganguly  Oct 21, '16 7:18 AM 
How would you define ERM?  Anupam Ganguly  Oct 21, '16 7:17 AM 
Negotiation with the customer to reduce the risk exposure is a means that -  Anupam Ganguly  Oct 20, '16 11:26 AM 
Unrealistic client  Anonymous  Oct 20, '16 12:38 AM  10 
What other questions would you ask when Studying Project Risk Management?  George Lewis  Oct 19, '16 12:46 PM  39 
Risk management Professional (PMI-RMP)  Muhamad Sahir B. A. Shatiry,PMP  Oct 19, '16 8:58 AM  18 
Project Manager a continuous learner?  George Lewis  Oct 16, '16 8:23 PM  55 
Project SME's Draft  George Lewis  Oct 16, '16 7:43 PM  24 
Project Manager Tips  George Lewis  Oct 16, '16 7:28 PM  14 
PMI-RMP: How long does it take to effectively prepare for this after obtaining PMP Credential?  Adewale Olajide Lawal  Oct 7, '16 11:23 AM 
Project Contingency Reserve   Rami Kaibni  Oct 6, '16 11:19 AM  25 
Why Project Risk Management Fails - MindMap  Yasir Masood  Oct 6, '16 10:42 AM 
Project Manager and the use of Mind Maps  George Lewis  Oct 5, '16 7:39 PM 
How to work with conflicting demands?  Vincent Guerard  Oct 4, '16 2:51 PM  10 
Project in a Box for Risk Management  Jawad Khalil  Oct 4, '16 5:22 AM 
What is IRMS (Integrated Risk Management System)?   Muhammad Imran Sharif  Oct 3, '16 3:09 PM 
what's your recommended way for PMI-RMP study and perpetration for Exam ??  Emad Abdelrahman  Oct 3, '16 10:24 AM 
What's the difference between Quality, Quality Management and Quality Management System  George Lewis  Sep 29, '16 12:29 PM 
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