The Difference Between Parametric vs Analogous Estimating PMP - Project Management Academy Resources. Many project management practitioners view successful project delivery as the completion of deliverables based on the objectives of time and cost. An inspection is typically something that a site is required to do by a compliance obligation. A risk register, sometimes known as a risk log, is an important component of the overall risk management framework. Mont-Carlo analysis is the tool used to calculate risk variability. A Guide to the Project Management Body of Knowledge (PMBOK ® Guide)—Fourth edition mentions it is the sum of the products, services, and results produced in a project (Project Management Institute, 2008, p. Risk Audit vs Risk Review. Beta vs TriangularA risk assessment determines the likelihood, consequences and tolerances of possible incidents. For each certification, a specified percentage of applications are randomly selected for audit. it's more significant to have couple a gamble audit and risk review litigation in scheme management. g. ”. Score at least 80% in one out of the seven PMP® full-length practice tests available online at Simplilearn. Internal Audit can gain insights into the business’s fraud risks by identifying the effects of recent operation disruptions. 3. Project audits, on the other hand, can be. ACRA’s Inspection Activities under the PMP 2. Inspection PMP. 3. #1. Audit projects are often months-long affairs, with auditors remaining on-site for weeks at. These audits aim to determine how well a project manager is following the company’s outlined processes. Reducing the uncertainty of risk in audit. They include but are not limited to: Increase career opportunities. Variability Non-Event Risk. For example, an environmental operating. Performing a project under a fixed-price contract is more risky than other projects. The measure of acceptable variation around an objective that reflects the risk appetite of the organization and stakeholders. In this paper, the author defines project governance as all the key elements essential to project success, yet cautions that project governance must be tailored to an organization' s specific needs. Developing generic risk factors and criteria for each factor to identify the audit priority of audit objects within the audit universe 4. development of a robust risk-based audit plan. Project management processes and procedures. Procurement auditing review. ITTO Memory Jogger eBook Reviews. A risk audit will help ensure that the risk management process is working. nTask’s built-in Risk Assessment Matrix, automatically populates the fields to create a matrix. ”. . A Project Management Professional (PMP) ® Exam Prep Provider. Then, FedRAMP reviews the POAM to establish the CSP’s current state in correcting the enumerated risks. The output of the risk audit is the lessons learned that enable the project manager. There are several reasons that a project manager may with to obtain the PMI-RMP certification. The process itself guides you through: Preparation for the. As PRINCE2 is a controlled environment method, the role of the project manager, project board and customer are defined so everyone’s on the same page. . Audit committees (ACs) continue to be charged with significant oversight responsibilities. Cause: Failure to review and validate the requirements. > Iterative: (Incremental) Repeat the phases until exit criteria are met. #1. This paper discusses risk management maturity levels and starting a specialized function in your organization. Gantnier and Maria Manasses, CPA, a partner in Chicago with Grant Thornton LLP’s Audit Methodology & Standards Group, plan to explain how the new guidance is intended to address the proper application of the risk assessment. How to deliver effective project management in a complex and uncertain environment? This presentation by PwC's experts provides insights and best practices on topics such as stakeholder engagement, risk management, agile methods, and project governance. On the other hand, quantitative risk analysis is objective and has more detail, contingency reserves and go/no go decisions, but it takes more time and is more complex. The examination procedures in this booklet assist examiners in evaluating the following:Naturally, once the risk scenarios are properly identified, the IT auditor needs to assess the impact on the audit objectives, audit plan, audit scope and audit procedures. Enhance: taking measures/actions (e. “The more companies and industries value. Fallback and Workaround. I found out about your. For example, a search of the term “risk assessment vs risk audit PMP” will reveal that the assessment is when looking ahead to determine the probability and. 8 (72) 2023 Capterra Shortlist™. Step 2: Create a Risk Register Document. PMI’s PMBOK® Guide – Sixth Edition includes “variability” and “ambiguity” non-event risks to add a further layer of risk identification and management. One of the most important decisions for any business, project, or individual is how much risk to take. PMI conducts application audits to confirm the experience and/or education documented on certification applications. Impact Your Organization. Though there is a. The project manager is the key individual who is responsible for making sure that the risk audits are performed at the appropriate frequency. An audit is the process of checking that compliance obligations have been met, including that the required inspections have been done. The configuration management system is a subsystem of overall project management. Aspirants can obtain PMI-RMP® certification by following the procedures outlined below: Step 1: After finishing the training, go to Step 2: Enroll for the PMI-RMP exam. CISSP For Dummies. Help organizations with risk management. You can prove your advanced knowledge and experience in risk management—even for large projects in complex environments—and set yourself apart with PMI-RMP certification. You can prove your advanced knowledge and experience in risk management—even for large projects in complex environments—and set yourself apart with PMI-RMP certification. Risk Analysis and Risk Management are fundamental concepts for Project Management Professionals (PMP)®. 2. Chapter 8 of A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK ® Guide), addresses the various aspects and importance of the topic, however, it doesn’t really tell project managers how. Some risk experts even say that Internal Control is a part of a company’s day-to-day management and. In an increasingly projectized world, PMI professional certification ensures that you’re ready to meet the demands of projects and employers across the globe. The auditor should seek evidence that this. Project Management Professionals (PMP) believe it is less a function of risk audit vs risk review. Two critical tools: a risk report and a risk. • A method for communicating direct, periodic, and timely information to the institution's senior management and the board of directors or appropriate board committee on the status of loans identified as warranting special. Abstract. Existing customer satisfaction. Risk category: Schedule. Project development processes and procedures. Diese seeking to earns the PMP certification should be able to list key differences between analogous with parametric vs three-point estimating. It is often documented using a scope statement and a Work Breakdown Structure (WBS), which are approved. The project manager should realise that each can have a different set of objectives. Identify the. ”. It is conducted periodically as needed. This paper highlights the often overlooked importance of the Closing Process Group and the significant impact of project closing on the overall project success. Monitoring risks is a project management activity that is essentially about managing expected and unexpected changes in the project. Use a standard template or format for your risk register and risk matrix that suits your project needs. Demand management is the process an organization puts in place to collect new ideas, new projects, new needs, and so forth. Risk category: Schedule. The author further goes on to discuss the challenges if Internal Auditors move to base their audit plans on the corporate risk register – the extent of quantifiable risk (e. Resource bottlenecks or changes to the team. 1) Ensures equal focus on both threats and opportunities. An issue: “A situation that is certain and that could affect project success in a positive or negative manner. It identifies the responsibilities of the Risk Management. 15. You should also analyze project performance, forecasts, trends, and reserve utilization. 1. The results of monitoring and review must be recorded and reported as appropriate and be used as a regular input to programme and project management decisions, audits, and organizational performance. Definition: A risk register is a management tool that contains a list of identified risks to help you assess risks, plan responses, and monitor and control them. The discussion and risk assessment then inform all the planning and audit procedures that will be performed. 1 Indeed, the nature and pace of change in such undertakings present considerable challenges for traditional methods. For each identified risk, based on priority, a mitigation plan or strategy is created. Incorporate quality assurance. Evaluate risks and prioritize them by criticality or tier. If the project is described as in Exhibit 2, it could define the project performance management activities for each project phase and project management process. as every thing seems to be a risk or a change when you first start reading pmbok. Audited Financial Statements. This paper highlights the often overlooked importance of the Closing Process Group and the significant impact of project closing on the overall project success. On the PMP Audit, them can expect until perceive the Probability of Occurrence sugar. Within the Project Management Professional (PMP)® exam, there are frequently questions designed to assess one’s knowledge of the uses of the risk audit and the risk. This can be a project risk whereby different elements of a project fail to integrate. A Project Review Report will be generated from the project review process. Simply put, audit risk is a function of inherent risk, control risk, and detection risk. A simulation of a project. Contact America Login . . Exam PMP topic 1 question 577 discussion. However, these terms are not interchangeable when computers comes to task management. They include but are not limited to: Increase career opportunities. The main input to the risk controlling and monitoring process is the watch. From fundamentals to exam prep boot camps, Educate 360 partners with your team to meet your organization's training needs across Project Management, Agile, Business Analysis, Business Management, and Leadership skills development. Complete the e-learning course content for PMP before the online classroom training. The results of risk identification are normally documented in a risk register, which. ) • Implement an ongoing “compliance management” plan and investigation protocols to address risk areasEstablish a risk management framework that defines the roles and responsibilities, tools and techniques, and communication and reporting mechanisms for risk management across the organization. Use one project Hazard Registry to help manage which risks in your project. Pierian Training Design Management Academy Six Sigma Online United Preparation Velopi Watermark Learning Your risk register is the primary tool you will use to track and report project risks to stakeholders. However, If Risks are identified during. Chapter 8 of A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK ® Guide), addresses the various aspects and importance of the topic, however, it doesn’t really tell project managers how. Improve professional status. Step 1: Assess vendor risks. Risk identification and assessment 3. They are often more subtle than an event risk. Its principal elements are: Objectives. Quantitative Risk Analysis. Levels of impact and likelihood can be combined into a risk matrix to obtain a measurement of a risk's severity level. Increase salary. A process by which frequency and magnitude of IT risk scenarios are estimated. Risk audits may be included during routine project review meetings, or separate risk audit meetings may be held. Identifying risks can help project managers produce a list of all known potential risks. While it can have a huge impact, project risk is usually managed individually by each project manager. The purpose of the audit is to enhance the credibility of the certification program and of the certification holders. “Risk assessment is an inherent part of a broader risk management strategy to introduce control measures to eliminate or reduce any potential risk- related consequences. # Ambiguity Risk- These risks result in errors, mistakes, failures etc. For each identified risk, based on priority, a mitigation plan or strategy is created. Compliance-based audits substantiate conformance with enterprise standards and verify compliance with external laws an d regulations such as GDPR, HIPAA and PCI DSS. Audit subject matter risk. Issue management: “A process by which the situation or its impact are influenced to enhance project success. Use this process and checklist to objectively rate and then manage 17 categories of project risk. The biggest difference to note between an IT risk assessment and IT audit is that an IT audit is a deeper dive and will require the auditors to see more evidence than would be required in an IT risk assessment. More and more organizations are moving to a risk-based audit approach which is used to assess risk and helps an IT auditor decide as to whether to perform compliance testing or substantive testing. The project manager is the key individual who is responsible for making sure that the risk audits are performed at the appropriate frequency. As directors enter 2023, it is important to identify and communicate realistic priorities for the ACs and ensure they have adequate resources and experience to match the evolving roles and oversight of increasingly complex areas. It is important to understand the concepts bottom risk assessment so that an right utility or model can be selected, press of course, in support of PMP® certification exam questions around core venture concepts. Both the risk audit and the risk review fit within. First, let’s look at security audits and assessments. Analyse the quality assurance processes, inputs, outputs, tools and techniques. Risk mitigation: Hire a freelancer to create project graphics. It evaluates the methodology used to help identify gaps in order to introduce the required improvements. 2. PMI Exam Audit Kit eBook Reviews. Although each function has a distinct mandate, both contribute to the organisation’s ability to understand its compliance risks, tailor its compliance programme to those risks, and continually. Project Management Professionals (PMP) believe it is less a function a risk review vs risk review. This article is part of a PMP® Study Notes, and it has been updated for PMBOK® 6th. It's essential to understand this dissimilarity between a quality audit vs. Cost of conformance + non conformance Conformance - helps project meet quality requirements. Risk Management in Agile Projects. 3. ProjectManager is online project management software that helps you plan, execute and track your project through every phase, and it can be a valuable tool for your project management audit, too. Both the prescriber and the pharmacist are required to document the PMP check in the patient’s PMP record. What should the project manager use to. A project audit ascertains that the project management satisfies the standards by assessing whether it complies with the organisation’s policies, processes and procedures. A problem: “a negative issue. The process of controlling and monitoring risks includes the following tools and techniques: risk reassessment, risk audits, technical performance measurement, reserve analysis, status meetings. Figure 1 below depicts2. Use a standard template or format for your risk register and risk matrix that suits your project needs. A good RBS helps you achieve complete risk identification, appropriate response development, effective reporting and comparison of projects. Abstract. Learn more 2. It identifies the responsibilities of the Risk Management. Low/Medium: Risk events that can impact on a small scale are rated as low/medium risk. Segregation of Duties (SoD) and Logical Access Review Performed under Consulting Standards Can be done in conjunction with Option. Risk Audit vs Risk Review - Project Management Academia Resources A Risk Audit is a process used in project management to evaluate the effectiveness of the risk management process and the results of the risk response strategies. An essential part of their job is to identify business risks – whether financial, compliance, reputation, IT, fraud, and a long list of other exposures. Chapter 2, Risk Management, deals with aspects such as understanding risk, basic concepts of risk management, enterprise wide risk management, risk maturity of an organisation. Risk Register and Risk Report are two key artifacts in Risk Management. risk probability) and its projected impact. An audit is the highest level of assurance a CPA can provide. Risk Audits are concerned with: • Measuring the effectiveness of the risk responses. Now discover the RBS, structuring risk information to help you understand the nature of risk on your project. A risk audit is one of the tools used to control risk. The audit mission statement may also include a summary of the auditing party, its authority, and the specific. Precision ratings of low, medium, and high can be assigned to the risk assessment. A project audit is a structured review process of a project's performance, progress, and outcome against pre-defined objectives, goals, and criteria. June 1, 2021 June 1, 2021. Risk: Project team may not meet the user's needs. First of all it is not really aligned with risk management because risk is defined as the efect of unknown on project objectives, second neither attribute is really relevant in a project and third because understanding how variability of a process can be measured and ambiguity resolved require a level of knowledge that even experienced. The qualitative risk analysis process prioritizes individual risks for further analysis by assessing their probability of occurrence, impact, and other characteristics. To practice risk management effectively, project managers must address its two dimensions: risk probability and risk impact. Auditable Activities. Risk management is a continuous process that aims to mitigate potential damage, establish new plans and processes, and create tangible value. Attributes of project artifacts include:Enhance vs Exploit. Even worse, there is confusion between risk appetite and other risk-related terms, especially. Initiating, Planning, Executing, Closing. Project Management. Related Posts. As mentioned earlier, qualitative risk analysis is based on a person’s perception or judgment while quantitative risk analysis is based on verified and specific data. Compliance requirements vary based on the nature of the business, geographical location, and industry sector. A risk assessment determines the likelihood, consequences and tolerances of possible incidents. Establishing connections and insights among risks, opportunities, and. Qualitative risk analysis is quick but subjective. Risk: “A potential issue. Visit Website. How Risk Management Can Be Audited Assess Risk Identification and Assessment Process: Evaluate the organization's risk identification methods to ensure they are comprehensive and consider. it's more key to have both a risk audit and risk. There are several variations of a project audit: in-process quality assurance review, gateway review, project management audit and post-implementation audit. A Guide to the Project Management Body of Knowledge (PMBOK® Guide) outlines quantitative tools and their role in evaluating project completion times. You know quality assurance is an important component of project management, and you want to make sure there are appropriate tasks inserted. Risk likelihood: Likely. The review process includes identifying. Some may also include a fifth “monitoring and controlling” phase between the executing and closing stages. it's more important to have twain a risk audit and hazard test. Fallback: a fallback plan is a plan developed to deal with risks that have been identified during project planning. This means that it can be included during project. A risk audit will help ensure that the risk management process is. Project Management Experts (PMP) believe it is less a function about exposure audit vs risk review. The first step in running a risk assessment is deciding on your process. Many confuse the ideas of risk management and issues management. But on the way in, he heard a news report that changed the objective of. Risk management is one of the most challenging aspects of any project or undertaking, but it is also one of the most important. risk has always been a very dicey topic when it comes to pmp. They are often more subtle than an event risk. The first step in running a risk assessment is deciding on your process. Risk assessment involves measuring the probability that a risk will become a reality. Demand management is the process an organization puts in place to collect new ideas, new projects, new needs, and so forth. This pillar requires the existence of an organization, internal or external to the project, to record all aspects that need to be considered high risk or that create a high impact on the compliance objectives. 3) Focus on internal (organizational strengths and weaknesses) and. Project Risk Management includes all the processes involved in risk identification, regulation, and mitigation on a project. PMI conducts application audits to confirm the experience and/or education documented on certification applications. Compliance and risk management, though closely related, are distinct programs that require different business approaches. g. Another difference between an audit and an inspection is that inspections review a single point in time. To maintain certification, you must also earn professional development units (PDUs). Hall. Qualitative Risk Analysis. The Project Manager needs to know that both the risk audit and risk review ensure an effective risk management plan for a project’s duration. The first step of a project management audit is listing processes and components that are important to our client. Integration risk is the potential for integration of technology, processes, information, departments or organizations to fail. 1 Decide on your process. While audits are usually conducted by an independent third. Auditors in internal audit, government, and public accounting assurance positions are considered risk experts. Additionally, there are frequently questions on the PMP. For example, a search of the term “risk assessment vs risk audit PMP” will reveal that the assessment is when looking ahead to determine the probability and impact of a specific risk, but the risk audit is looking back to determine how risk management work is performing within a project underway. It represents the risk that is inherent or. According to PMI, a risk review is a process that is used to identify and evaluate potential risks to the project objectives. PMI Scheduling Professional (PMI-SP) Good scheduling can be crucial to the success of a project. The risk audit is done by a group of independent domain or technical experts through documentation review and interviews. An effective risk reduction plan can help you allocate the appropriate amount of resources, depending on the risk. While planning for risks you referred to various subsidiary plans in Risk Management. By adopting a combined approach and. Here are four common examples: 1. Another difference is the values associated with risks. We would like to show you a description here but the site won’t allow us. We understand the interconnections between the ‘lines of defense’, and help you to turn. Conducting a risk audit is an essential component of developing an event management plan. Internal Audit should identify potential fraud risks, during every audit,Yet when it comes time for a project audit, we turn our noses up. Similarities Risk Audit and Risk Review are tools of project management and are used to assure a proper risk management process and plan for the life cycle of the project. Let’s explore these risk-based milestones in a bit more detail: Stakeholder vision. Risk Review vs Risk Audit. Visit Website. greatest risk and to set priorities for audit work. Contingency cost in project management is a part of the project budget that is allocated to risk events that are not in the original cost estimate for the project. Adoor, Kerala, India. Internal Audit can gain insights into the business’s fraud risks by identifying the effects of recent operation disruptions. Procurement Audit. Low: A low-rated event is one with little / no impact on the business activities and the reputation of the firm. Aforementioned probability of occurrence formula determines the chance that a given risk will occur. Additionally, there are frequently questions on the PMP. Does a risk audit consider the effectiveness of just the risk management process, or does that already encompass the evaluation of. Just the project sponsor because her perception of how the risks will be handled is the most important. An audit is the process of checking that compliance obligations have been met, including that the required inspections have been done. The qualitative risk analysis process prioritizes individual risks for further analysis by assessing their probability of occurrence, impact, and other characteristics. Scope changes are a common part of managing projects. Managing risks is becoming ever more important to senior managers; to align projects with company goals such as effective risk management, project managers can conduct risk audits. PMI Scheduling Professional (PMI-SP) Good scheduling can be crucial to the success of a project. Risk assessments focus on identifying potential threats and assessing the likelihood that those threats will materialize. An inspection is typically something that a site is required to do by a compliance obligation. A risk audit, also known as a risk review, is an assessment that is conducted to detect any potential safety and operational threats, identify what is causing them and determine how effective the current risk management procedures are. A security assessment is an internal check typically in advance of, and in preparation for. Risk name: Design delay. Project risk management is an essential power skill that boosts the probability of success and offers a higher degree of probability, alleviating anxiety for stakeholders. Probability of occurrence – 1 – 99%. ”. Some companies use “review” rather than. ” 1 The. 3) Focus on internal (organizational strengths and weaknesses) and. The Essentials of Agile Auditing: Tools and Building Blocks. Not a darn thing, or at least there shouldn’t be. At a high level, inspections are a “do” and audits are a “check”. The PMBOK® Guide – 7 th edition defines a project artifact as: “a template, document, output, or project deliverable. “Certifications are important tools for individuals to demonstrate knowledge, increase professional marketability, and attain higher salaries, as well as affirm professional expertise,” he notes. ProjectManager’s free dashboard template. By adopting a combined approach and. Assessing the Risk Management Process 5 However, a mature risk management process typically demonstrates benefits, such as: Enabling risk-based decision-making and strategy-setting. This collection will support the portfolio definition, as well as produce a list of new programs/projects/actions to be assessed, prioritized, and selected concurrently with ongoing components. These ratings will help your team prioritize project risks and effectively manage them. The value of risk management certifications for individuals keeps growing, according to Berman. Powered by Kunena Forum. Audit firms may have to change some processes in response to a new standard and pandemic-fueled changes to the environment. Testing Competence—The candidate is required to apply project management concepts and experience to potential on-the-job situations through a series of scenario-based questions. Identify and monitor residual risks. The project management lifecycle. For each certification, a specified percentage of applications are randomly selected for audit. The aim of the Inception phase is to spend a short, yet sufficient amount of time, typically a few days to a few weeks, to gain stakeholder agreement that the initiative makes sense and should continue into the. You bet! And it doesn't have to be difficult or require lots of time. This disconnect is the major failure of project management offices. Question #: 72. The risk register database can be viewed by project managers as a management tool for monitoring the risk management processes within the project. 2. Exam Prep Essentials eBook Reviews. Just the project sponsor because her perception of how the risks will be handled is the most important. This contract is used when requirements are not clear (e. Agile PrepCast Reviews. Risk Report has been introduced for the first time in the PMBOK Guide, 6th edition and continues to be there in the PMBOK Guide, 7th edition. A risk audit, or risk review, is an evaluation used to identify potential safety and operational threats, their causes and the effectiveness of established risk management processes. Uncertainty. Although there are unambiguous frameworks for assessing risk impact, the field. In this next phase, you’ll review the qualitative and quantitative impact of the risk—like the likelihood of the risk occurring versus the impact it would have on your project—and map that out into a risk assessment matrix. The process of controlling and monitoring risks includes the following tools and techniques: risk reassessment, risk audits, technical performance measurement, reserve analysis, status meetings. The difference between a risk register and a risk report is the register is an ongoing document used throughout the project to make informed risk management decisions whereas the. 1. Now comes the moment, when all that has been planned must be put into practice. It lists prioritized risks and risk analysis, including the probability of. It gives assurance to your client, sponsor, and stakeholders. it's extra important the have both a risk audit and exposure review process inbound projekt management. Here’s a look at a few of the key elements your project management audit checklist should include: Audit goals/mission statement. 1 review. Risks that present themselves as having a. Risk Audit. PMI define them as: Risk Appetite--. By following each step, a project team increases the chance of achieving its goals. Free CAPM® Exam Newsletter; All Free PDU Resources. Risk management involves identifying, assessing, and managing risks using established industry guidelines and best practice standards. Quantitative data are difficult to collect and can be prohibitively expensive. Risk audits are used to evaluate the effectiveness of the risk identification, risk responses, and risk man- agement process as a whole. The application of audit procedures to less than 100 percent of the items within a population to obtain audit evidence about a particular characteristic of the population. Risk analysis: Medium. IT governance. Project quality management is a vital aspect of any project, yet it is often misunderstood or improperly applied. The real business of project risk management starts with risk analysis. Project Management Institute (PMI)® defines risk as “An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives. A risk audit, or risk review, is an evaluation used to identify potential safety and operational threats, their causes and the effectiveness of established risk management processes. Even worse, there is confusion between risk appetite and other risk-related terms, especially. The POAM’s purpose is to make risk identification and mitigation for a cloud information system systematic. Well over 100 risk factors are reviewed during this process. . They love the "Tick and Bop" (T&B) method of auditing compliance. Ensure the quality of project management. Match. In actual practice, there are many similarities which lead to this confusion, but the essential differences are: Risks. By assessing risk priority, project managers can identify and focus on the high-priority risks. The risk audit is focused on ensuring the plan for managing risk is happening, while the risk review is about ensuring all the appropriate actions have been taken for all identified risks in addition to looking forward to any new or emerging risk/s. 3. 1 Indeed, the nature and pace of change in such undertakings present considerable challenges for traditional. D. How is a "risk audit" different from a "project audit?" The size of the project will determine the frequency and quantity of risk audits; large and complex projects require more risk audits (Bell, 2022). Project Management Professionals (PMP) believe it is lower a function of risk audit vs risk review. The aim of this paper is to delve into the nuances of health, safety, and the environment as key performance indicators (KPIs) of project health—understanding how to plan, manage, and report these activities. 153). Another example of agile auditing could be having monthly check-ins with management to discuss business risks. • Evaluation of the effectiveness of approved workout plans. Detection risk is the chance that an auditor will fail to find material misstatements that exist in an entity's financial statements. ”. Pierian Training Project Management Academy Six Sigma Online United. ”. Based on these findings, the project will be categorized as Red, Yellow, or Green. Educate 360 partners with your team to meet your organization's training needs overall Project Management, Agile, Business. Certainty.