Month: November 2017

What is New in the PMBOK Guide 6th Edition?

- Fahad Usmani, PMP., Founder of PM Study Circle With permission, retrieved from - pmstudycircle.com On September 6, 2017 the 6th edition of the PMBOK Guide was published by the PMI. The PMI publishes a new version of the PMBOK Guide every four years. The last time was in December 2012, when the PMI published the 5th edition ...

Assessing Your Risk Management Procedures Effectiveness

- Alphius White, Bellevue University MPM Student The key here is to effectively manage the risks so that those risks that pose a threat to project success are mitigated but also so that those risks that might present new opportunities, such as a better deliverable, quicker or at lower cost, are identified and acted upon. It's ...

Holding All Stakeholders Accountable for Minimizing & Monitoring Project Threats

- By Stephen Lyman, Bellevue University MPM Student Although a risk officer may contact team members about risk-related tasks that have been ignored or gone overdue, a project manager is ultimately responsible for keeping team members focused on the right activity. For their relationship to work effectively, risk officers and project managers must coordinate the efforts ...