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 Changing on 2 Jan 2021 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…
[pt_view id=”857efbfvr0″] 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…
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…