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Introduction to Risk Assessment in Project Management

Risk assessment is a qualitative assessment. Therefore, risk data quality (sometimes referred to as “risk data quality assessment PMP”) always impacts the risk assessment … See more

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URL: https://projectmanagementacademy.net/resources/blog/risk-assessment-in-project-management/

PMP Exam Prep: To Complete Performance Index (TCPI)

WEBTo calculate TCPI, or to be able to answer TCPI questions on the PMP certification exam, it is important to know the inputs used in the formula. Budget at …

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Introduction to Risk Management Plan

WEBestimate cost of risks and the potential impact on the budget, increase the accuracy of the overall project plan, and. communicate among, and with the team, the …

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What Project Managers Need to Know About Policy and Procedure

WEBThe DIY Committee Guide provides a useful outline for policy development including the key steps of: Identify Need, Gather Information, Draft Policy, Consult …

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Free PMP® Exam Practice Questions – Project Management …

WEBProject Management Academy’s free PMP exam practice questions are based on relevant A Guide to the Project Management Body of Knowledge (PMBOK® Guide) topics. Below …

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PMP for Federal Government

WEBThe FAC P/PM certification requirements are aligned with the needs of the federal government, with specifics of terms, processes, and tools for that setting. The …

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Risk Identification in Project Management

WEBRisk Identification Lifecycle. The risk identification lifecycle ensures you collect consistent and comprehensive information about every project risk.. Template …

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Introduction to Cost Risk in Risk Management

WEBIntroduction to Cost Risk in Risk Management. As a Project Management Institute (PMI)® Project Management Professional (PMP)®, your success depends on …

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Risk Types in Project Management

WEBOne component of risk management is the organization of the risks identified, which can be informally referred to as PMP® Risk Types, Risk Categorization …

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PMI-RMP Training

WEBWhat is the PMI Risk Management Professional (PMI-RMP)® Certification? Unmanaged risks often lead to project failure, so effective risk management is essential to the …

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The Five Traditional Process Groups Explained

WEB1. Project Management Institute, A Guide to the Project Management Body of Knowledge (PMBOK® Guide) - Sixth Edition, Project Management Institute Inc., 2017, Page 23 ^. …

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PMP ® Certification Training Colorado Springs, CO

WEBBoot Camp + an Extra Day + 1 Year Subscription to our PDU Library. Everything in the Basic Boot Camp. Extra Day of PMP Training. Quantitative deep dive into critical and …

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Do You Qualify for the PMP® Certification

WEBMany people wonder if they qualify for the PMP certification. To answer this question, always focus on whether you were working to create something new, be it a product, …

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Understanding the Difference Between a PDU and CEU

WEBThe main difference between the categories of PDU and CEU is PDUs are used by PMI, while CEU efforts are tracked by different professional bodies to meet the …

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PMP Experience Examples – PMP Application Process

WEBShow PMP work experience examples that cover all five process groups. The PMBOK ® Guide outlines 49 processes, or tasks, organized into the following five …

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Course Instructors

WEBOur Instructors. Our 65+ instructors hold an array of certifications and have real world project management, business and instructional experience across a broad range of …

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Cost Performance Index (CPI) for PMP® Exam Prep

WEBActual Cost (AC) = 60,000USD. Earned Value (EV) = 40% of 100,000 USD = 40,000 USD. In this scenario, the project manager can use the same CPI formula for the …

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EMV PMP®: Your Guide to Expected Monetary Value Analysis

WEBPositive EMV = 70% x $15,000 = $10,500. If the tool fails…. Negative EMV = 30% x -$10,000 = -$3,000. Overall EMV = $10,500 – $3,000 = $7,500. Typically, you …

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A Project Management Academy Update on COVID-19

WEBThe PMI Agile Certified Practitioner (PMI-ACP)® and Certified Associate in Project Management (CAPM)® exams are already available to be taken online. Please …

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