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AI and Risk management
AI tools help us to manage risks in the whole risk management lifecycle, but implementing AI deals with new risks itself.
Watch our new presentation on the AI in Risk Management.
AI as a Virtual learning challenge
Hello Students,
I hope you are all doing well. As you know, we have an upcoming assignment due in a few days. I want to remind you all of the importance of completing this assignment on schedule.
By doing your work in a timely manner, you not only ensure that you have enough time to review and edit your work, but it also allows you to avoid last-minute stress and anxiety. Additionally, completing the assignment on time helps you to cultivate good time-management skills, which are essential to your academic and professional success.
Remember, the key to success is consistency and discipline. Try to set aside time each day to work on your assignment, break it down into manageable tasks, and prioritize your workload. And always remember, I am here to support and guide you through this process.
Good luck with the assignment, and I look forward to seeing your progress!
Is this appeal Inspiring? I really love it! BUT! it is created by ChatGPT for my request “appeal to students work carefully on their assignment”.
Referring to the survey #OESI performed 60% of its participants state that AI based systems will have hard impact on students’ work, and another 40% choose slight imact. Nobody says “nothing changes”.
The challenge raises when we work in virtual environment and p2p discussions with students are rare, and off-line postsl essays, etc. are often applied instead.
Lindsy principle in project and risk management
The idea is simple yet powerful: 𝐭𝐡𝐞 𝐥𝐨𝐧𝐠𝐞𝐫 𝐬𝐨𝐦𝐞𝐭𝐡𝐢𝐧𝐠 𝐡𝐚𝐬 𝐛𝐞𝐞𝐧 𝐚𝐫𝐨𝐮𝐧𝐝, 𝐭𝐡𝐞 𝐦𝐨𝐫𝐞 𝐥𝐢𝐤𝐞𝐥𝐲 𝐢𝐭 𝐢𝐬 𝐭𝐨 𝐬𝐭𝐢𝐜𝐤 𝐚𝐫𝐨𝐮𝐧𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 (c)ProjectWorkLab.
✅ 𝗟𝗲𝗮𝗿𝗻 𝗳𝗿𝗼𝗺 𝗵𝗶𝘀𝘁𝗼𝗿𝘆: The longer something has been around, the more history it has. And history is a goldmine for learning about risks and how to avoid them. By looking back at past projects and initiatives, project managers can spot potential landmines and build better contingency plans to reduce uncertainty.
✅ 𝗣𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝘇𝗲 𝘀𝗶𝗺𝗽𝗹𝗶𝗰𝗶𝘁𝘆: The “Lindy” principle suggests that simple things are more likely to survive over time than complex ones. So, project managers should keep things simple and streamlined, focusing on the essentials and avoiding unnecessary complexity. This can help reduce the risk of failure and uncertainty associated with overly complicated systems and processes.
✅ 𝗘𝗺𝗯𝗿𝗮𝗰𝗲 𝗲𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵𝗲𝗱 𝗺𝗲𝘁𝗵𝗼𝗱𝘀 𝗮𝗻𝗱 𝗽𝗿𝗮𝗰𝘁𝗶𝗰𝗲𝘀:Tried-and-true methods and practices are more likely to stick around than untested and unproven approaches. By using established project management methodologies and practices, project managers can reduce the risk of failure and uncertainty and increase the likelihood of success.
Above you see the AI generated text based on the main post! Fantastic!
New rules for AXELOS certifications renewal
Here’s the excerpt from the Peoplecert official announcement:
“
starting this year, Global Best Practice certifications will be issued with a renew-by date.
Which certifications will come with a renewal requirement?
All candidates with a PeopleCert Global Best Practice certification can choose to renew within three years of their original certification dates.
Certifications with the option to renew after 3 years, are as follows:
- ITIL® 4
- PRINCE2® 5th and 6th
- PRINCE2® Agile
- MSP® 4th and 5th
- M_o_R® 3rd and 4th
- MoP®
- P3O®
- MoV®
- AgileSHIFT®
- RESILIA®
Do you have to renew your certification?
All candidates with relevant Global Best Practice certifications will be given the option to renew within three years of their original certification dates. This means:
- If you were certified before 30 June 2020: You will have until 1 July 2023 to choose to renew your certification(s), regardless of your original award date.
- If you were certified after June 2020: You will have the option to renew your certification(s) within 3 years of the original award date.
Your renew-by date can be viewed in your PeopleCert account.
Candidates that choose not to renew will still be included on the Successful Candidates Register (SCR) and the Candidate Verification Service, but a note will be added to their record to indicate that their certification needs to be renewed to align with current certification requirements.
How can you renew your certification?
Currently, there are two renewal paths available:
- Retake the same exam: You can choose to renew your certification by re-taking your original exam before the renewal date.
- Take further courses and certifications: You can choose to renew your certification by attending another course and taking an exam within the same product suite before the renewal date.
From March 2023, a third renewal path will be available:
- Collect and log CPD points: You will be able to choose to renew your certification through collecting and logging CPD points. More details on this path will follow soon.
Current MyAxelos subscribers can continue to log their CPD points, as before.”
AXELOS-Peoplecert online certifications rules
This year AXELOS and Peoplecert slightly changed their regulations for taking online exams for all certifications in AXELOS portfolio – ITIL(r), PRINCE II, MoR and many others.
After registering for online exam a candidate can download a software and check technical parameters of his/her computer or a laptop, i.e. webcam, audio devices, Internet connection and bandwidth. Note, that WiFi is eligible, but not recommended.
Prepare your room and desk. Nobody should attend in a room except a candidate; desk should be clear – only a laptop or a monitor and a keyboard. A door should be behind a candidate, visible in a webcam and closed.
Check your data and wait for a proctor.
Proctor greets a candidate and asks to show (photo) an id with a photo, candidate’s face and a room and a desk.
A candidate should have a cell phone/smartphone nearby in the room, but not on the desk in a silent mode.
During an exam a candidate is allowed to use a printed copy of an appropriate AXELOS book and 4 blank sheets of paper for notes.
During an exam a candidate should not stand up or move, look at any other places than a monitor and speak loudly.
In case of any questions or challenges a candidate can type to a proctor. In case of breching Internet connection a proctor calls a candidate and gives instructions.
Good luck!
Risk Management foundation
Risk Management by (c) YouExec
5 threats to risk management
Have a look at the perfect video.
And here is the pure list:
- Incomplete or inaccurate risk identification and analysis
- Bias on historical information
- Lack of management and leadership support
- Risk management is not aligned to strategic goals
- Inappropriate risk management software
Smart Learning 