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Tag Archives: PMP prep

PMP Prep: Strategic Alignment of Projects

As of January 12, 2016 the Project Management Professional (PMP)® exam has been revised. A new area of focus is business strategy and strategic alignment of projects. PMI® has conducted extensive research on the topic in recent years and the news isn’t good: Poor performance results in organizations wasting an average of US$109 million for…

PMP Prep: Qualitative vs. Quantitative Risk Analysis

As you’re preparing for your PMI PMP exam, you’ll want to understand the basics of qualitative risk analysis (QLRA) and quantitative risk analysis (QTRA), both processes that are part of the “Project Risk Management” knowledge area. While these two concepts sound similar and both use numbers in risk rating, they’re not the same at all….

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