In business and management, operations and projects are two independent but frequently interrelated concepts. Operations are the continuous operations and procedures required for the production of goods and services. Operations management is concerned with the design, administration, and enhancement of these processes to fulfil customer and stakeholder requirements. In contrast, projects are temporary activities with […]
In today’s dynamic and fast-paced business environment, organizations constantly face the need to adapt, evolve, and innovate to stay competitive. Central to this process are two crucial disciplines: Change Management and Configuration Management. These twin pillars serve as the foundation for ensuring smooth transitions and maintaining the integrity of systems, processes, and projects throughout their […]
Agile and Waterfall Methodologies have been part of the Project Management world for quite some time; let’s quickly review them; Agile Methodology:Agile is an iterative and incremental approach to project management that emphasizes flexibility, collaboration, and customer feedback. It involves breaking down the project into small, manageable tasks called user stories, which are prioritized and […]
Before jumping into PMI’s PMP Application, let’s first review what is the project and how it is different from operations. Projects are temporary endeavours that are designed to achieve a specific goal or objective, while operations are ongoing processes that are designed to achieve a continuous objective or goal. Effective project management practices can help […]
The Closing Process Group consists of the process(es) performed to formally complete or close a project, phase, or contract. PMBOK 6 So the project that we initiated with the Initiating phase is coming to an end with the Closing Process Group. A process which is mostly overlooked as resources are moved to other projects or […]
The Monitoring and Controlling Process Group consists of those processes required to track, review, and regulate the progress and performance of the project; identify any areas in which changes to the plan are required; and initiate the corresponding changes. PMBOK 6 How do you know the current status of your project? How is the current […]
The Executing Process Group consists of those processes performed to complete the work defined in the project management plan to satisfy the project requirements. PMBOK 6 The processes in Executing Process Group deal with the completion of the work defined in the Project Management Plan which is completed and approved by the stakeholders at the […]
The Planning Process Group consists of those processes that establish the total scope of the effort, define and refine the objectives, and develop the course of action required to attain those objectives. A Guide to the Project Management Body of Knowledge (PMBOK Guide) Sixth Edition If you fail to plan, you are planning to fail […]
The Initiating Process Group consists of those Project management processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase. PMBOK This is the first Project Management process group that translates the idea into a project. It helps in to understand the […]
