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PM/U4 Topic 15 Project Control Process

The Project Managers Institute (PMI) lists the project control process as part of the monitor and control process group. This group of work consists of the processes required to track […]

PM/U4 Topic 11 Productivity

There are two reasons companies are in business: To produce goods and to make money. The more goods or services a company can provide, the more money they can make, […]

PM/U4 Topic 8 Reducing Risk

Any discussion of project risks needs to mention that all projects have risks; the very nature of a project is not “business-as-usual” – it is something new and different – […]

PM/U4 Topic 7 Risk Analysis

Risk analysis is the process of identifying and analyzing potential issues that could negatively impact key business initiatives or critical projects in order to help organizations avoid or mitigate those […]

PM/U4 Topic 6 Risk Identification

Risk identification is the first step in risk management. We need to identify both project and product risk by using certain techniques. Some of the most common techniques which can […]

PM/U4 Topic 5 Steps in Risk Management

All risk management processes follow the same basic steps, although sometimes different jargon is used to describe these steps. Together these 5 risk management process steps combine to deliver a […]