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Topics: Risk Management, Using PMI Standards

Has anyone dug into the latest risk management standard (Standard for Risk Management in Portfolios, Programs and Projects) - interested if people find it useful
Network:552 Stephen Grey Associate Director, Broadleaf Capital International Pty Ltd , Australia It seems the standard has changed a bit since I last looked at it and I'd like to know what people think of the latest version Saving Changes... Posted: Apr 6, 2022 10:15 PM

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Rami Kaibni
Senior Projects Manager , Field & Marten Associates
New Westminster, BRITISH COLUMBIA, Canada

Stephen

The standard changed a bit, that’s correct but overall, it’s very useful and contains the most important topics, tools and techniques. I find it useful as was the previous edition too.

RK

Posted: Apr 7, 2022 9:20 AM (Updated by author: Apr 7, 2022 9:21 AM)

Network:3036

Kiron Bondale
(Semi) Retired trainer, writer & speaker, World Class Productivity Inc.
Welland, ONTARIO, Canada

Stephen -

I did provide a lot of feedback during its creation. I do like some of the changes as far as programs & portfolios but found they dropped a lot of the project-level details which were in the previous practice guide.

Kiron

Posted: Apr 7, 2022 1:53 PM

Network:703

Keith Novak
Tukwila, WA, USA

As with any foundational document, it is written at a pretty high level.

For those who have experience in risk management, the main body of the document is a useful reference to identify gaps in an overall RM process.

The appendix sections are more useful as a practitioner in that sense. I don't think you will find anything groundbreaking in there, but it does provide more specifics on things to consider when tailoring a process to the project, portfolio, program, etc.

Posted: Apr 7, 2022 2:41 PM

Network:21

Stephanie Sy
Marketing, Software Tested
, WI, USA