Showing posts with label PMP 35 Contact Hours. Show all posts
Showing posts with label PMP 35 Contact Hours. Show all posts

Sunday, December 14, 2025

The Future of Project Management: PMBOK 8th Edition with Artificial Intelligence

 

For years now, the PMP certification introduced by Project Management Institute (PMI) has seen high acceptance and recognition by the project-program-portfolio (PPP) management community. Various agile approaches have seen wide acceptance in the industry. Since the beginning of this decade, practical hybrid-agile certifications such as CHAMP, and practical scaled agile certification such as CIPSA from ManagementYogi, are used by industry professionals and practitioners.

Enter Artificial Intelligence (AI). It’s going to impact us all. In fact, it’s already impacting us. Specifically, Generative AI, or simply, GenAI has a significant impact.

As project management is industry-agnostic and value-focused, AI will naturally play a big role. AI is also no longer specific to a few large organizations supplying AI “electricity” to all, but many small or mid-sized ones, who provide real value with their own “electricity supply.”

Organizations such as MPUG have already taken AI into their operations and are using AI assistants to help members, customers and keen learners.

In this article, we will focus on the new and upcoming PMBOK Guide, 8th edition, a draft edition available in December 2024. AI contents are now deeply involved. This required me to do a complete revisit from the earlier PMBOK Guide and PMP certification. The PMP exam is not yet impacted with new AI content, but it will be, post the final release of the new PMBOK guide.

Let’s start with understanding the fundamentals of AI.

The AI Onion *** UPDATED ***

Like the Scaled Agile Onion which I’ve explained in this article of Scaled Kanban using CIPSA (see here and here), I visualize the layers of AI as a part of the AI Onion. This is shown below.

Understanding these layers briefly will help while going forward in this article.

At a higher level, we have Artificial Intelligence (AI), which has the abilities of machines to carry out functions and demonstrate behavior that usually need the cognitive power and capabilities of humans.

There are many definitions of AI, which are quite convoluted and complex.

I’ll define AI in simple terms as:

“The ability of a machine to demonstrate human-like intelligence.”

Within AI, we have Machine Learning (ML). It’s a subset of AI. The ability to learn, as shown by humans, is key here, as that demonstrates one aspect of intelligence. It involves machine learning with algorithms. The algorithms take a large amount of trained data into ML models.

Then we have Deep Learning (DL), which is a subset of ML. DL uses neutral network layers and structures to recognize images and to have natural language processing (NLP). Deep Learning’s name comes from the layers of neural networks; the more the neural layers, the more powerful the learning is. For example, it has been successful in recognizing images.

Next, we have Generative AI (GenAI), which is part of Large Language Models (LLMs). It’s called “generative”, because it generates things such as text, audio, image, code, and more. The LLMs are trained with vast and diverse data, usually from the internet. GenAI, a subset of LLM, has practical, real-world examples. For example, taking prompts given by humans to generate human understandable text.

GenAI – An Example 

MPUG’s AI assistant on their site is a simple, yet very good example of GenAI. If you are reading this article intently, you can try it right now! I have.

I’ve used it many times to get the needed information. Here is one real use case. 


I asked MPUG’s AI Assistant a few questions:

“What is Scrum? Any course available?”

It gave me a really detailed response and also contact information for more help. Then I asked it to restrict it to 50 words, which it did. This is shown in the above figure.

You can ask this generative pre-trained text transformer (GPT) with a few prompts, and it’ll give you a response with explanations and links, as well as courses offered, and articles published on the topic. To get the right responses from the LLM, you need to have the proper prompts. 

The new PMBOK Guide has information on various layers of the AI Onion, but before that, let’s get into the guide at a high-level by understanding the building blocks such as process groups, performance domains and processes.

As we proceed with this article, I’ll elaborate on the integration of AI with some of these elements of the new PMBOK Guide.

Process Groups *** UPDATED *** 

In the earlier edition of the PMBOK Guide, the process groups were completely removed, but there was a channel for process-group-based implementation.

As I interact with many aspiring PMPs (see here) and RMPs (see here) frequently, the clear re-introduction of process groups will benefit them all. There was massive confusion with the previous edition of the PMBOK guide. Such confusion will be reduced now; learning will be enhanced to get certified, and application, post certification, will be better.

PMI defines a process group as:

“A logical grouping of project management processes to achieve specific project objectives.”

Simply put, a process group is a group of processes. Yes, as simple as that! For example, when we say Planning Process Group, it will have a group of planning processes.

To understand more clearly, you can refer to the below table. 

As you can you see – there was no process group at all in the earlier edition!

In the new PMBOK Guide 8th edition, the number of processes in every process group is listed in the below table. I expect the number of process groups to remain the same in the final released version, though there might be some changes with respect to the naming and number of processes.

As you can see, we have 40 processes, spread across and grouped into five project management process groups.

Performance Domains

Performance domain, as the name suggests, is the domain of performance for the project, e.g., Project Finance Management.

PMI defines a performance domain as follows:

“A performance domain is a group of related activities that are critical for the effective delivery of project outcomes.”

Performance Domains are interdependent and interact with each other. They are also interrelated and will have outcome-focused measures (see here and here).  These performance domains will have various associated processes, which in turn will have inputs, tools and techniques, and outputs (ITTOs).

The new PMBOK now has seven performance domains (PD). Each PD is a specific one and relates to an identified domain of project management.

Taking another example, now we have a PD called GovernanceIt’s a fresh introduction when compared to earlier editions of the PMBOK Guide.

To have more clarity, you can refer to the below table for a comparison of performance domains between PMBOK7 and PMBOK8. 


New Process Map *** UPDATED ***

The process map in the PMBOK Guide, 8th draft edition, is quite different compared to the earlier editions.

Following are the key points for the new process map:

  • Total number of processes = 40
  • Every process is part of a process group and performance domain.
  • The earlier processes of Project Stakeholder Management and Project Communication Management from PMBOK6 have been combined. It’s called Project Stakeholders PD.
  • Certain processes and activities of Project Procurement Management from PMBOK6 have been pulled into the new Project Finance PD.

The process map is very important to know, along with flow of processes, sequencing among processes, and the clear logic of having them in that way.

To be a PMP, these processes, their sequencing, the flow, and interactions should be on your fingertips. In my sessions and courses, I always emphasize it and aspirants remember the logical sequencing with key ITTOs, in just 1 or 2 hours.

An Example

Let’s take an example of Project Governance PD to understand. The processes in the process map, when considered for this PD, are shown below. 

As shown above, for the Governance PD:

  • There are 7 processes in total.
  • Each process belongs to a process group and of course, the PD as well.
  • Each process serves a purpose. For example, the process of Authorize Project Initiation will indeed authorize the initiation of the project, formally assign the project manager, and allocate the resources for the project work.
  • Each will have a set of inputs, tools and techniques, and outputs (ITTOs). For example, the Integrate and Align Project Plans process will have the Project Management Plan in the output.
  • Each process will have tools and/or techniques for predictive, adaptive and hybrid approaches. For example, the Direct and Manage Project Execution process has a T&T of Daily Coordination Meetings. In a big team, this is equivalent to CIPSA Daily Scrum while using the CIPSA Scrum Framework for a large team.

The process map is crucial not only for your preparation of the PMP exam, but also to understand the vast content of the PMBOK Guide, in a relatively short time.

PMBOK Guide and Artificial Intelligence *** UPDATED ***

With the above understanding of AI, its layers, and the new PMBOK Guide, now let us understand how they are shown in the guide to be working together.

Application # 1: Direct Use of AI as a T&T

First and foremost, many AI-related tools and techniques will be used across the processes elaborated in the PMBOK Guide. Taking an example, there is an explicit T&T called Artificial Intelligence in the Estimate Activity Resources process of Resources performance domain.

Taking another example, Process Automations is now a T&T in the Scope performance domain. Automation is a usage of AI. As the PMBOK guide notes, AI can go further for assistance such as risk analysis and augmentation such as project business case preparation.

Application # 2: Indirect Use of AI in T&Ts

Usage can also be indirect, yet widely applied. For example, the T&T called Project Management Information System or PMIS, can have vast amounts of data on which AI can be applied.

PMIS is used frequently as a T&T in multiple processes across the performance domains. The initial practical example I gave for MPUG-AI, in fact, sources its response from MPUG’s organizational information system.

To reaffirm, PMIS is used in projects as well as both program management and portfolio management (see here).

Application # 3: Real-time Monitoring of Projects

Monitoring is a very important aspect of project management. AI tools can monitor the project progress in real-time against the planned baselines and give alerts for deviations from the baselines. These can help in corrective actions. AI tools can also generate Change Requests for such corrective actions. There are AI tools which provide such capabilities.

Usage # 4: AI in Risk Management

Risk management goes through multiple processes as this practical, hands-on article explains (see here). Post risk identification, AI tools can be used to suggest and/or automate some risk mitigation actions based on programmed rules.

Conclusion and Three Laws

For years, organizations such as MPUG, ManagementYogi, and PMI have played a big role in imparting project management knowledge and skills. These organizations have made enormous contributions to the field through high-quality articles, practical training using tools like Microsoft Project, webinars, newsletters, and a wide range of certification courses. Experts from around the world have contributed to these efforts.

Now, they are bringing AI learning and content to you. Because right now, and in the future, you will have to manage AI projects.

When done rightly and ethically, AI can be a great companion, bringing to mind Asimov’s Three Laws of Robotics, written in 1940s. I first learned about them while watching I, Robot at Kino Cinema in Yokohama Minato Mirai, Japan, back in 2004:

  • One, a robot may not injure a human being, or, through inaction, allow a human being to come to harm.
  • Two, a robot must obey the orders given it by human beings except where such orders would conflict with the First Law.
  • And three, a robot must protect its own existence as long as such protection does not conflict with the First or Second Law. 

Going forward, for every aspiring PMP and project management practitioner, understanding AI won’t just be important – it will be pivotalA paradigm shift is on the horizon with AI.

To stay ahead of the curve, you need to familiarize yourself with various AI terminologies, ML models, NLP, LLMs and a variety of AI tools and techniques that will shape the future of project management.

--

This article was first published by MPUG on April 29, 2025. This an updated version. 


Unique Certifications:

Other References

[1] Project Management Body of Knowledge (PMBOK) Guide, 8th edition draft, by Project Management Institute (PMI)

[2] PMP Live Lessons – Guaranteed Pass or Your Full Money Back, by ManagementYogi.com

[3] PMP 35 Contact Hours Online – With Money-Back Guarantee, by ManagementYogi.com




Saturday, December 06, 2025

Course Comparison: PMP 35 Contact Hours Vs. PMP Live Lessons

   

This is in continuation of the following posts: 

After availability of two new courses on Project Management Professional (PMP) exam - PMP 35 Contact Hours Online and PMP Live Lessons, two pertinent questions are these:

  1. Which course to go for - PMP 35 Contact Hours or PMP Live Lessons? 
  2. What are the differences?


Do note that both these courses are unique and are ONLY such courses in the world. No one gives moneyback guarantee (but everyone claims to give!), without a number of terms and conditions. Both these courses come with full moneyback guarantee. These are simple, direct and upfront moneyback guarantees. 

Both these courses are now being used by aspiring PMI-PMPs around the world, to clear the PMP exam and/or earn the PMP 35 contact hours certificate.

Fundamental Difference

First and foremost, these two courses vary with their goal(s) and objective(s) with the associated motto. 

For PMP 35 Contact Hours, we have:

  • Goal: Get the 35 contact hours with complete satisfaction. 
  • Objective: Get the 35 PMP contact hours in 6 months.
  • Motto: Don’t just get casually trained for 35 contact hours. Understand fully, learn strongly and prepare well for your PMP exam.

For PMP Live Lessons, we have:

  • Goal: You clear the PMP exam. 
  • Objectives: 1) Get the PMP Contact Hours Certificate. 2) Crack the PMP exam in 6 months.
  • Motto: Learn deeply and use it to crack the PMP Exam.
You can see all the sample videos in this playlist:
Sample Video Playlist for PMP Live Lessons - 43 Videos


Note: Some videos from the above playlist are also part of PMP 35 Contact Hours Online Course.

With this background, let's see the other main differences.

Other Main Differences

I’ve outlined other main differences in the below two tables. Actually, it’s one table, but I’ve segregated them into two in order to have better visibility and understanding.

The second part of this table is noted below.

*Note* Price Update [2025]:

  • For PMP 35 Contact Hours: $85 USD/ Rs 7,649 (6 months access) [details]
  • For PMP Live Lessons: $379 USD/ Rs 34,109 (6 months access) [details]


Conclusion

I’ve enabled many PMPs, who have used my book, I Want To Be A PMP and/or Practical PMP with MS ProjectPractical PMP with Primavera P6 courses over years to clear the RMP exam. 

Many have succeed with my PMP Live Lessons - Guaranteed Pass course as well as the PMP 35 Contact Hours Online program. 

You can also read various here: PMP Success Stories.

When you purchase the courses, I’m also involved with you throughout your journey. Many providers can’t do that, because they don’t have the subject matter understanding. They are merely course aggregators.

For these two new courses on PMP, I've informed the goals and objectives. I've also outlined other differences. These, I believe, will help you to choose the course of your choice.

With either of these courses, I firmly believe that you:

  • Get the best value for your money.
  • Will have the content with the latest project management standards, practice guides (e.g., PG2) and the needed books.
  • Will understand the content clearly, which boosts your confidence. 

Above all, if you prepare sincerely, you have a fair chance to clear the PMP exam and be a certified PMI-PMP.


PMP Success Stories:

Wednesday, December 03, 2025

NEW PMI-PMP (PMBOK7) Free Questions and Answers


These PMI-PMP questions are all from PMBOK Guide, 7th edition. These are based on my years of teaching project management practitioners from different industry verticals. 

For over a decade, I've the privilege to teach, interact, and learn from thousands of aspiring PMPs. There have been many successful PMI-PMPs. As interact with them, I also learn the kind of questions being faced. Without them, it'd not have been possible.


This is in continuation of the following posts: 


PMBOK7 Practice questions and answers are also available in the PMP Exam Prep Book, I Want To Be A PMP, which has enabled many PMP Success Stories.

In this post, there are 12 questions, which you can try.  
To answer these PMBOK7 questions, you need to have: 
  • Sound understanding of the PMBOK® Guide, 7th edition. All the questions are from PMBOK7.
  • Ability to apply that understanding in situational, scenario-based and contextual environments,
  • Real-world project management experience.

As mentioned earlier, this also addresses the need of many professionals who have requested me to put some sample PMP questions so that can proceed with the PMP Live Lessons or PMP 35 Contact Hours Online Course or PMP Exam Prep Book. All of these have recently updated with PMBOK7 content. 

I hope you enjoy attempting these questions and it helps in your preparation for the PMP exam. 

*********

PMI-PMP (PMBOK7) QUESTIONS


Question – 1: Question – 1: For your project, you want to have a more comprehensive and informed identification of project risks – both individual and overall project risks. Which project management principle will help you the MOST?

A Stakeholder principle.

B Complexity principle. 

C Risk principle.

D System thinking principle.



Question – 2: Due to a court decision, an infrastructure project that a PM has been managing was asked to change the design and plans. As the manager, the PM knew that the project rarely goes as initially planned and hence was ready to make changes quickly in order to proceed further. Because the PM held a holistic view and was not rigid about plans. Which principle did the manager follow?

A Create a collaborative project team environment.

B Focus on value.

C Tailor based on context.

D Embrace adaptability and resiliency.


Question – 3: Your team is working on an adaptive project, where the team doesn't have a fixed, up-front scope. To manage it, the team is working with the customer to find out which features are worth investment and which are not. For this purpose, which artifact will help you the most?

A Risk-adjusted backlog

B Risk burndown chart

C Risk map

D Risk board



Question – 4: Like the four values of Agile Manifesto, there are four values included in the PMBOK guide, 7th edition. What are they (choose two)?

A Responsibility, Respect, Fairness

B Honesty, Fairness, Respect

C Respect, Rights, Ethics

D Ethics, Simplicity, Integrity

E Rights, Courage, Integrity


Question – 5: Uncertainty includes black-swans. Which one of the following is correct about black-swan events?

A Very high probability, but low impact

B Very low probability, but extreme impact

C Both very high probability and catastrophic impact

D An event with retrospective predictability


Question – 6: Currently you are working on a medical project to cure cancer. The product produced by this project is completely new and it has never been developed before. The stakeholders are also diverse. You are anticipating a lot of risk associated with stakeholder acceptance. What should you do?

A Use a predictive approach to develop the product with upfront and detailed risk analysis

B Go for a hybrid approach, develop the product predictively  and roll-out in an adaptive manner

C Use an incremental approach and deliver the first increment to key stakeholders

D Choose an iterative approach and release a minimum viable product to get feedback.


Question – 7: The Virginia Satir Change Model, which is used in Agile environment is mainly about which one of the following:

A Continuous practice and integration

B Introducing a transforming idea to the system

C Moving from Late Status Quo to New Status Quo 

D Introducing a foreign element


Question – 8: One model for all forms of interactions, including negotiation, is Steven Covey’s principle of “Think Win-Win.” This is a win-win approach, unlike others such as win-lose. The most important things to be present for a win-win are all of the following, but:

A People involved show character and demonstrate integrity

B The parties trust each other

C Each party is willing to look by putting himself/herself in other person's shoes

D Each party thinks how to get maximum benefits - financial and non-financial


Question – 9: Which one of the following cannot be tailored for a project considering the principle-based standard of PMBOK Guide, 7th edition?

A Life cycle and development approach

B Models, methods and artifacts

C Performance domains and principles 

D Tools and processes


Question – 10: This artifact is a one-page visual summary that describes the value proposition, infrastructure, customers, and finances, among others. This is a/an ___________________ artifact:

A Strategy 

B Logs and register

C Plan 

D Other


Question – 11: For a newly launched artificial intelligence project, the team members are unsure of how to proceed or undertake their work. Most of them are confused on how to proceed. You've been assigned as the project manager. What should you do?

A Add more feedback verification loops and quality assurance steps. 

B Add more guidance, training, and verification steps.

C Use techniques like value stream mapping and Kanban boards

D Explore root causes to identify why the team is unsure.


Question – 12: In a project, stakeholders are not engaged. In fact, quite a few stakeholders have raised negative feedback. You, as the project manager, can do all of the following, except:

A Evaluate whether sufficient information is being shared with stakeholders

B Feedback loops are present and working

C Deeper engagement, not simply communicating, with the stakeholders

D Presence of Kanban boards to know the issues being raised


*********

The question set is available in the embedded document below. The answers are also part of this document.

For all answers with detailed explanations, subscribe to this site and send a mail (from your GMail ID) to managementyogi@gmail.com.




Monday, November 24, 2025

PMP 35 Contact Hours Online Course – PMBOK7 Content Update



 

I'm pleased to announce the public availability of the updated PMP 35 Contact Hours course:  

PMP 35 Contact Hours Online Course,
updated with PMBOK7 Content


The course, PMP 35 Contact Hours Online has enabled many professionals to be a certified PMP. Professionals have gone through this course and a few have written their success stories

This course also comes with a full-money back guarantee for 15 days. There are no tricky terms and conditions written in very small letters to deceive you. In fact, there no terms and conditions at all. You can check with this video here.

Complete course content is available in the below link with the lessons and videos:


Why the Update for PMBOK, 7th Edition?

The Exam Content Outline (ECO) for the PMP exam has remain unchanged since 2021. However, the PMBOK guide has seen a new edition, i.e., the PMBOK Guide, 7th edition. This edition provides a principle-based approach to project management. Hence, this course needed an update.

Do note that the PMBOK Guide, 6th edition is no longer available for download, but there is a new practice guide called Process Group Practice Guide (PG2) from PMI. This guide is very similar to PMBOK6. I call this guide as PG-PG in short, or just PG2

The launch of this process groups guide was needed as the Exam Content Outline has a dedicated domain called "Process", which actually follows a process-based approach. You're also expected to get 50% of your PMP exam questions from this Process domain.

In other words, without knowing the processes, you can't really prepare for the exam. Taking some examples, in the Domain II of "Process", we have tasks such as:
  • Plan and manage schedule
  • Plan and manage scope
  • Plan and manage quality of products/deliverables
  • Plan and manage procurements
  • Plan and manage budget and resources
As you go through them and check the associated tasks, you'll find it has almost 100% overlap with process-based approach of PMBOK, 6th edition, which are now reflected in the Process Group, A Practice Guide (PG2).  

So, where does PMBOK, 7th edition fit in?

As noted earlier, PMBOK, 7th edition comes with a principle-based, not process-based, approach. It has 12 principles, 8 performance domains and a number of models, methods and artifacts (MMAs). This edition of PMBOK no way negates the content of the PMBOK6 or the PG2. In fact, in certain areas, it complements them! Indeed, there is a Process Group Model in PMBOK7 with which you can connect with PMBOK6. 

The current updates for the PMP 35 Contact Hours Course are primarily driven by the below factors:

  • Availability or updates to existing guides and standards: Availability of the new PMBOK Guide, 7th edition and Process Group, A Practice Guide (or PG2).
  • A New Principle-Based Approach: PMBOK7 advocates for a principle-based approach.   
  • Feedback from exam takers: Some successful PMPs, who have used this 35 contact hours course, write their exam experiences and share their learnings. These are genuine PMPs or exam takers – not fake, anonymous profiles, or bots spreading fantasy stories on a number of social media channels.  

With this background, there have been frequent and continuous updates to: 
PMP 35 Contact Hours Online Course 

All these updates have been free for existing customers of this video course.


What’s New – PMP 35 Contact Hours Online Course

These updates have happened over years and there have been a number of updates, including the fresh updates with respect to the PMBOK Guide, 7th edition. 

Following are a few highlights of these updates. 

1. NEW Videos for 12 Project Management Principles (PRs)

In PMBOK7, for the first time 12 principles of project management have been added. Each principle (PR) is explained in a dedicated video. 

2. NEW Videos for 8 Performance Domains (PDs)

Unlike the knowledge areas (KA), which are outcome focused, the PDs are outcome focused. This is distinct shift in thinking as outcomes leads to benefits, which in turn translate to value.

3. NEW Videos for Models, Methods and Artifacts (MMAs) 

Models, Methods and Artifacts have been explained in the new lesson of PMBOK7 Management. As you proceed, you'd find that we've discussed many in the earlier edition (PMBOK6). Similar content is also available in the Process Group Practice Guide (PG2). 

Nevertheless, the way in which they are applied on the PDs will be different. Again, PDs emphasize on outcomes, not outputs.  

4. NEW Practice Questions and Answers 

A number of new practice questions and answers are added for the PMBOK, 7th edition. This will help you practice the concepts you learned earlier. 

These are part of the new Lesson - PMBOK7 Management.  

These exercises are separate from the full-length practice tests.

5. UPDATED Videos for Agile 

Few videos in the Agile Project Management lesson have been updated. These are based on feedback from users of the course, many of whom have went on to become PMPs.

6. UPDATED Preparation Plan for the PMP 35 Contact Hours Course, i.e., how to Prepare with the Course 

This course had a preparation plan from the very beginning. It has been updated in light of the new contents, new videos and exercises.  

7. UPDATES to Course Index File

The index file is important to know the content of the course. As the course gets updated the index file also gets updated with clear highlighting for the NEW, as well as the UPDATED content. You will also know if any item has been removed. 

How Will I Know about the Updates?

Professionals and aspirants who want to purchase the PMP 35 Contact Hours course, raise this question frequently. I understand this concern and below points clearly inform how to know about the updates.

  1. All changes will be clearly communicated to you via E-Mail. 
  2. Inside this online course, the new ones will be highlighted as *** NEW ***, and the updates ones will be *** UPDATED ***Green color coding will be there for these changes in the communicated mails. All emails will be part of update E-mail archive.
  3. All the previous updated mails are part of the PMP 35 Contact Hours Online course, so that you are clearly aware of the new changes that have happened. 
  4. The index file of the course is also updated, because that gives you a quick view on the new/updated content.  
  5. A number of tips and revision reminders are also added along the content in the PMP 35 Contact Hours course. They are also clearly highlighted.
  6. For any clarification or questions on these updates, you can ask your questions. You will definitely get a response. This one of the biggest advantages of having the course as I respond not only the queries on updates, but also your questions and clarifications.
  7. As noted earlier, all the new/updated content will be FREE of cost to you.

Conclusion

With these changes, the coursePMP 35 Contact Hours Online, remains fresh and latest. 

These changes will enable you to prepare better for the PMP exam. These updates will help your prepare for the PMP exam in 2025 and well into later part of 2026.  

You can go through the Frequently Asked Questions (FAQs) of this course to know more:
FAQs - Management Yogi's PMP 35 Contact Hours Online Course 

For the updated index of the PMP 35 Contact Hours Online course, you can refer to:
Updated Course Index: PMP 35 Contact Hours Online Course


You may also like:
      PMP LIVE LESSONS - Guaranteed Pass:

      Sunday, September 21, 2025

      The Shared Language of Stakeholder and Risk Management in the Art of Project Management

       

      As I frequently interact with PMP aspirants, I bring this point on the similarities between Stakeholder Management and Risk Management. Few PMPs have written their PMP Success Stories (usually less than 5% write), and they know these differences. Some even have noted the importance of these two knowledge areas:

      • Stakeholder Management, and
      • Risk Management.

      Do note that, in my classes and courses, I've called Stakeholder Management and Communication Management as the Twins. See here for a detailed understanding. 

      I've also said Resource Management is the close Sibling of the Stakeholder Management.  Learn more here.

      Such terms are mine and I've used it while explaining various such areas for your PMP exam. See here.

      In this post, I'm saying that both Stakeholder and Risk Management have a shared language in the Art of Project Management. Like the twins and siblings before, you’d be hearing it for the first time! 

      Indeed, the language understanding and similarities in both these management areas is unique. As a management practitioner, you need to know them. So, let's see them one by one.  

      Note: If you are preparing for the Portfolio Management Professional (PfMP) exam, it's good to know the below ones. Stakeholder management will be part of Communication Management knowledge area for your PfMP exam. See here


      1. Identification of Stakeholders and Risks

      Stakeholders are identified, so are Risks. Stakeholder identification happens from the very beginning of the project. In fact, the Project Charter (see here) has the initial list of stakeholders and based on it a detailed stakeholder list is prepared.

      Risk identification also happens from the very beginning of the project. Like stakeholders, the project charter has high-level information on project risks.

      2. Iterative and Integrative Processes

      Many think that after a complete identification and assessment has been done, then the process is no longer used. In reality, both stakeholders and risks change throughout the life cycle of the project. 

      Stakeholder identification is continuous in nature and it's an iterative process. As and when new stakeholders are identified, they have to be assessed, analyzed and engaged. Risk identification too is a continuous process and is iterative in nature. 

      3. Outputs of Stakeholder and Risk Identification

      Stakeholder Register is the key output of the stakeholder identification process. In the real-world, it can be a document or a spreadsheet. It'll have identification, assessment information and stakeholder classification such as being internal or external. 

      Similarly, Risk Register is the main output of the risk identification process. Again, in the real-world, it's usually a spreadsheet with various risk attributes including the risk id, name, description, probability, impact and risk score. A simple risk register shown below. 

      You can learn more here.

      4. Outcomes of Stakeholder and Risk Identification

      Do note that, I've mentioned outcomes, not outputs. Output is about the end result. Outcome, on the other hand, is about what you actually want to do/have with that end result. 

      For example, buying a vehicle is an output of the buying process. But using that vehicle to save time or function more efficiently is the outcome. So, how about the outcomes in Stakeholder and Risk Management?

      The stakeholder register is the output. Better stakeholder engagement and stakeholder satisfactions are the outcomes. Similarly, the risk register is the output. On the other hand, credible risk management and optimization of risk responses can be the outcomes.

      5. Minimization of Negative Impacts

      Here, I'm referring to the minimization of potential negative impacts. 

      Stakeholders can be an individual, a group, a community, or even an organization that may affect, be affected by, or perceive to be affected by a project. In other words, they can impact or affect in a positive or negative way. It's the job of the project manager to minimize the negative impact.  

      Similarly, the definition of risk (see here) clearly states that a risk can have positive or negative impact on the objectives of the project. Again, it's the job of the project manager to minimize the negative impact of a negative risk (or threat). This is shown below.

      6. Maximization of Positive Impacts

      This is the reverse of the previous point. I'm referring to the maximization of potential positive impacts. 

      Risks can be opportunities as well. Opportunities lead to benefits. In risk management, we try to maximize the positive impact of the opportunities, i.e., we try to increase the probability and/or the impact of the risk. For this purpose, risk responses are employed. See here

      Similarly, in stakeholder engagement, the focus is to effectively engage stakeholders- especially with high power and interest or influence. This can increase the chance of project success and subsequent outcomes/benefits.  

      For example, for the below figure, I've taken two attributes - influence and impact. We want to have the stakeholders to move into high influence (HInf) and high impact (HImp) zone. 


      7. Stakeholder Engagement Plan and Risk Management Plan

      To manage stakeholders, we create the Stakeholder Engagement Plan (SEP). Similarly, to manage risks, we create the Risk Management Plan (RMP). Both these plans are subsidiary plans of the project management plan.

      Both these plans are progressively elaborated and integrated into the consolidated project management plan. 

      8. Hidden Stakeholders and Hidden Risks

      While stakeholder identification should be exhaustive and continuous, still it's possible that some can remain hidden. Sometimes, these hidden stakeholders, if not identified and engaged, can derail your project. You need to be very careful in such situations.

      Similarly, some risks can remain hidden and may not be identified. There are many ways to identify such risks such as assumption analysis, risk analytics, among others. 

      9. Stakeholder Attributes and Risk Attributes

      Stakeholder attributes such power, interest change. Risk attributes such as probability and impact also change. These are rarely static.

      As they change, you’ve to adjust your plans and documents to reflect the changes. For example, a neutral stakeholder can become supportive or resistant over time. In such cases, the engagement strategy has to change.

      Similarly, a risk with high probability and high impact can become low probability and medium impact over time. This results in reduction in risk score and the risk could move into the Watch-List. 

      10. Obsolete Risks and Dormant Stakeholders

      Risks are not always active and primary ones. They can be:

      • Obsolete
      • Dormant
      • Secondary
      • Residual, among others.

      When a risk becomes obsolete, they are no longer tracked and are usually marked as closed in the risk register. These can later become part of the organization's archives and can be revisited when needed. 

      Similarly, stakeholders are not always active and/or primary. As noted earlier, stakeholders' power, influence, interest etc. change over time during the project life cycle. Some stakeholders get passive or even dormant. You need not actively engage with these stakeholders.

      --

      Want to know more? Consider being a subscriber to the PMP Live Lessons course

      With it, you'll learn more. Considering the similarities in  the language, here are a few more: 

      • Stakeholders are prioritized, so are risks. 
      • Stakeholders are analyzed. Risk are also analyzed.
      • Stakeholder engagement levels are monitored; risks are also monitored. 

      A number of PMPs have used this course to get certified. You can be a PMP too. More importantly, you'll know various areas of project management, which no one can or will be able to tell you. 


      References

      [1] PMP Live Lessons – Guaranteed Pass or Your Full Money-Back, by Satya Narayan Dash

      [2] PMP 35 Contact Hours Online Course, Full Money-Back Guarantee, by Satya Narayan Dash

      [3] Book, I Want To Be A PMP – The plain and simple way, Second Edition, by Satya Narayan Dash