Project, Program and Portfolio “Projects, programs, portfolios, and operations managed as a group to achieve strategic objectives. ” PMBOK A project is a temporary endeavour undertaken by a company or organization (such as the creation of a new product, service, or result) A program is a group of projects that are similar or related to one another, …
The Standard of Project Management and PMBOK 7 (“The dawn of a new era!) The Seventh Edition is a whole new beast. We are really focusing not so much on the outputs like we have seen before. We are focusing more on the outcomes. By Cyndi Dionisio, member of PMBOK 7 team PMI published the …
PMP Exam Changes in July 2020 The Project Management Institute (PMI) provides a specialized certification for project managers also known as the Project Management Professional (PMP). The certification process differs from other project management accreditation examination. PMI line up its procedure with certification industry practices that comply with Educational and Psychological Testing standards. The PMP® …
S-Curve Not sure if any of us can provide a name of the project from our professional life which followed the plan 100%. Projects are highly unlikely to follow the plan. In order to be able to identify and measure the differences between the plan and the actual work performance, progress on the project is …
Data, Information, Knowledge and Wisdom Pyramid (DIKW Pyramid) So once we know about the Project Manager Competency Development (PMCD) Framework, it is time for us to start working on learning new skills. Learning, practising, mastering new skills not easy and requires commitment and patience. This is where the Data, Information, Knowledge and Wisdom Pyramid (DIKW …
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Project Manager’s Capability and Skills Development As it is said in the article(2) by Merla, E. (2011) ” As a project manager, your success is dependent on your mastery of many skills—both hard skills as well as soft skills”. In addition, to manage the Project systematically and complete them successfully, we also keep on learning …
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Agile Project Management Agile Project Management lets you produce minor deliveries i.e shippable functionality in an efficient and competent way in every iteration. It’s an ideal choice for teams who are working in product development, software design, corporate analys is and related domains. Agile, Lean, JIT is the terms which are IN nowadays for so …
Project Charter: An Ultimate Guide to Showcase Your Project A project needs descriptive assistance through which others can understand the technicalities of it. Many would ask what this is? Who does it? Who signs it? Can a project manager write it? Is it a simple project document? Why is it important? The list goes on. …
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Agile Project Management Agile Project Management lets you produce minor deliveries i.e shippable functionality in an efficient and competent way in every iteration. It’s an ideal choice for teams who are working in product development, software design, corporate analys is and related domains. Agile, Lean, JIT is the terms which are IN nowadays for so …
What is Procurement, Purchasing, Types of Contract and the Risk Factors Involved Questions like what is the difference between Procurement or Purchasing, Agreement or Contract, how to select the Procurement Contract, who carries the risk in which kind of Contract and many more are answered in this article. An article is a good place for …
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