Project Cost Management The Cost Management is among the most crucial project management knowledge areas and strongly connected with the Project Schedule Management as we will be using the same estimation techniques we have used there to estimate the cost and eventually budget. Cost management should happen as early as possible in the project as […]
Project Cost Management (A high-level snapshot) Project Cost Management Knowledge Area is about planning, estimating, budgeting, financing, funding, managing & controlling the cost so that the project can be completed within the approved budget Project Cost Management Knowledge Area Processes Plan Cost Management (Planning) It provides guidance and direction on how the project costs will be […]
Project Schedule Management (A high-level snapshot) Every resource on the project needs to know what to do and when. Without an agreed and realistic schedule, time may be wasted. The Project Schedule Management knowledge Area deals with the Activities, their durations and eventually the Schedule. Project Schedule Management Processes Plan Schedule Management (Planning) Guidance and direction […]
Project Schedule Management The expectation in Project Schedule management processes from the project manager is to give the dates when the stakeholders can expect the deliverables. It is said that if you don’t plan, you are actually planning to fail. The majority of the processes here i.e 5 out of 6 focuses on developing a […]
Project Schedule Management Defining an effective Project Schedule, is this an art or Science? Through Project Schedule Management process we are estimating the future, something we have no control over. A key responsibility of project managers is to create a practically feasible project schedule. Prior to the execution of the project, the project manager needs […]
Project Scope management consists of the process of defining the required work and making sure all the tasks are competently completed on time. A scope management plan must include a thorough procedure of scope determination, supervision, and control. For this purpose, the project manager seeks endorsement on a well-defined and evidently articulated scope. To identify […]
Project Scope Management Working with Project Scope Management Processes does not only mean that project team including Project manager identify what needs to be done but also have to make sure that as a successful Project Manager who wants to deliver the Project successfully track the scope against the plan and while delivering makes sure […]
Project Scope Management (A high-level snapshot) Define all the work required and only the work required to complete the project is the goal of Project Scope Management Knowledge Area. This is the 2nd Project Management Knowledge area after Project Integration and consists of highly interactive processes. The Product Scope and Project Scope is also defined here. […]
Unlike most project acquaintance areas, which commonly deal with a particular extent of expertise of the project manager, the Project Integration Management from Project Management Knowledge Areas is something you may call “catch-all” and making various processes work together. It comprises many of the regular actions of a project manager that keep the project together […]
