Become a Certified Project Manager

In this chapter, we are going to cover the foundational concepts of Risk Management. Let us start with the official definition of the ter...

In the previous few chapters, we took a detailed look at the Risk Management Plan. Let us now quickly summarize what we have learnt so far ...

In this section we have learnt about the basics of Risk Management that will be useful on our journey towards the PMI’s Risk Management Pro...

Are you PMP certified? Or have you read the PMBOK Guide? If so, you would already know that Risk Management is one of the 9 Project Managem...

Not all project management knowledge areas apply to all projects or project phases. Knowledge areas can interact and overlap. All the 42 p...

Aim: To understand the Monitor and Control Risks process The monitor and control risk process enables the project manager to keep track of...

Aim: To understand the Project Management Knowledge Areas and the Process Groups The PMBOK organizes all the activities that define a proj...

A risk is any uncertain event or condition that might affect your project. Not all risks are negative. Some events (like finding an easier...

In the previous chapter, we learnt that managing risks is a big and important task. But, in order to manage and mitigate risks, the first th...

In the previous chapter, we saw the big picture of risk management and the next step now is to plan for managing risks in our project. So, ...

The word Risk signifies or means Danger and our perception is that, whenever it happens, the result will be negative or something undesirabl...

Till now we have covered how to plan for a project scope, project resources and project procurement. The next planning we need to do is “Pla...