Attending formal PMI-RMP training in risk management is a requirement to apply for the PMI-RMP certification exam. The other two requirements are education and experience. You can refer to the last section to read more on PMI-RMP eligibility requirements. However, in this blog post, I will discuss the PMI-RMP training requirement. Before discussing the PMI…

Clarified roles and responsibilities are crucial in project management. Without understanding who is responsible for what, team members will be confused, and tasks will fall through the cracks. This can cause missed deadlines and derail projects.  This is where RACI charts come into play. RACI, which is a responsibility assignment matrix, stands for Responsible, Accountable,…

Every project is unique. Depending on the project, its requirements, and the industry, it will go through different phases from inception to completion. These phases are known as the “project lifecycle,” and in today’s blog post, I will discuss the phases of the project management lifecycle in detail. Let’s get started. What is the Project…

A RACI chart is a vital project management document and a useful tool for project managers. This project document is often known as the “RACI matrix” because it visually looks like a matrix. This chart helps stakeholders see team members’ roles and responsibilities for all project activities and tasks. A RACI chart helps reduce project…

I often see professionals using the terms “management” and “leadership” interchangeably. In today’s dynamic business environment, a good manager should also be a good leader. Likewise, a good leader should also be a good manager. In my over twenty years of experience, I have worked with different managers and leaders. Some were good managers, some…

Large organizations and corporations have many projects, programs, and portfolios running simultaneously, and they have a huge team of project managers managing different projects. Depending on the organizational structure, these project managers report to a higher authority, such as the program manager, portfolio manager, or PMO.  Managing project managers is challenging, but the basics are…

A responsibility assignment matrix (RAM) in project management is a key document that distinguishes stakeholders’ roles and responsibilities. The RACI chart is the most popular example of a RAM that clarifies stakeholders’ roles and defines their involvement. RACI stands for Responsible, Accountable, Consulted, and Informed. Each team member in the RACI chart has at least…

Change management is the process of making changes to a project. These changes can be made to processes, policies, approved project documents, baselines, etc. The change management process includes the project manager and the change control board (CCB). The CCB includes stakeholders (e.g., top management and subject matter experts). The project manager will raise the…

In project management, adaptability is the key to success. Rolling wave planning is a progressive elaboration strategy that adapts to changing circumstances and uncertainty. In today’s post, I will explain rolling wave planning and how you can use it for your project to benefit from it. Let’s get started. What is Rolling Wave Planning? In…