Let’s start then with Risk Management as a crucial area for every PM. I would also dare to say that it is an area which distinguishes a good PM from “a common manager” who often gets into PM’s shoes for various reasons. He/she may feel proficient in business case, co-ordination or delegation, while risk management is then more or less neglected. I’ll give you a hint, as a person carrying out recruitment. If you are going for an interview for a PM role in a mature organization, be more than sure that this area will be thoroughly checked. With regret, I have to say that many of interviews showed that even experienced PMs have some difficulties with describing the process, they are not sure how to tailor it, or when quantitative analysis should be applied.