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Draft Release: First quarter of 2017 (Jan-Mar 2017) Final […]
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Agile and waterfall are two methods of project management that are often contrasted with each other. However, most projects use some of each method, in a unique combination that best serves the needs of that project. As a result, it’s important to understand the essence of both the agile and waterfall methods.
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There are many hard core topics you need to master as you prepare for the PMP exam. It’s easy to dismiss the Code of Ethics! After all, if you remember to just “do the right thing” you will be fine. Not so quick! You may be by passing a great opportunity.
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Any project manager knows that he or she is in charge of delivering projects on schedule, within budget, and at the required level of quality. But is there a fourth factor – very important – missing?
Let’s take a step back for just a second. A few months ago, in Dec 2015, […]
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According to A Guide to the Project Management Body of Knowledge (PMBOK® Guide) a project is “a temporary endeavor undertaken to create a unique product, service or result”. Being that each project is unique it is important to also understand that an organization’s project management processes will likely need to be tailored […]
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Strategy and project management are tied together quite closely – or should be! Here’s a look at three practical and useful approaches to help you link strategy to project management to produce results. Why Strategy and Project Management?
1. Von Clausewitz Carl […]
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You can study methodologies until you are blue in the face! However, nothing will change unless you have the right mindset!
So it goes with Agile…
Agility is the ability to shift almost seemlessly…to be less dogmatic and more pliable…to be highly flexible – and very focused on results.
And yet many […]
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The ability to learn effectively is one of the biggest skills you can have to move your career forward.
Being a good learner means that employers and clients will have faith that you can get up to speed qucily, even when you have nto done something before. This, in turn, provides you […]
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Why would you earn the Six Sigma Green Belt certification, whether you are a certified PM or not? This post highlights some key considerations that can help you decide for yourself. Here are five things to consider – comparing Six Sigma to project management, whether you are PM-certified or not:
Project Management […]
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There are basically two ways to make decisions – by thinking extremely carefully and thoroughly, or not thinking at all. Well, of course, there are also varying combinations of these two extremes in the vast area between.
The message here is that the extremes are bad…and you need to find the optimal […]
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Should you learn “Agile Business Analysis”? Or is it better to learn “Agile PM” and “Business Analysis”, separately. I would argue that the latter choice is better, and here’s why.
To be the most effective, you need to have a solid grounding in the basics. Unfortunately, too much specialization skews […]
Like “soft skills”, management skills are best learned over time. But depending upon where you are in your career, you will need to place different emphasis on developing your hard versus soft skills. […]
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Well, I doubt it. Nor should you be! I recently read about a guy who had just reached the 100 certification plateau! He must be quite a guy. It is an impressive thing. And he surely is uniquely sharp, very smart, and knowledgeable.
But here’s the problem: he still only has 24 […]
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It takes time to become a seasoned and effective project manager, and PM certification can help you get there.
You may view CAPM, PMP, or any other PM certification simply as a means to an end. The trick is to keep your eye on two “ends”, or goals: near term and long […]
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Want to know more on PM Certifications and how to fulfill your PDU? Cornelius will explain these topics to you through his writings; Cornelius is the author and founder of PM Prepcast and other podcast that guide thousands of PMP aspirants for certifications. (some are listed at the bottom of this list.
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It’s a New Year. Time to set some new goals. Maybe there is a job you want…or a particular role, set of activities, or work environment…or maybe you just want to earn more money!
In all cases, you want to advance…and would like to take control and do something about it.
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A Project Management Office (PMO) is the hub for project management for any organization that has one. It can take different forms, but in all cases needs to produce value through better management of projects for the organization. It also is more than a hub for processes, best practices, and expertise on […]
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If you have your PMP or are preparing now, you know that “Project Procurement Management” is a distinct PMBOK Guide Knowledge Area. “Outsourcing” is simply a distinct and uniquely challenging subset of Procurement. IT outsourcing has blossomed with the internet over the past 10-15 years and continues to evolve.
There have been, […]
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Many PMPs consider earning their PDUs to be a challenge. But it doesn’t really have to be! In fact, earning your PDUs does not even have to take you any more time that you might spend if you did not even have the requirement!
The idea is to earn your PDUs though […]
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If you know something about risk management, you are likely familiar with what I will call the “technical aspects of risk management”.
But there is another side to managing risk that is less often discussed. I call it “personal aspects of risk management”, as I think risk management is as much an […]
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Are you thinking at all about business analysis skills, or even a business analysis career?
In these times of rapid change, business analysis is a core skill, but business analysis is tending to shift away from a singular career to a valuable activity regardless of your role, title or job function.
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The PMBOK Guide outlines Knowledge Areas, and you don’t need to look far to find reference to project financial management sprinked throoughout these Knowledge Areas. Financial management is at the core of justifying project and controlling project performance. Project financial considerations come into play as soon as a project is identified and […]
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There is a great discussion on this, and many think about it. Maybe you are. But really, there are numerous difference between earning a PMP or MBA. The discussion tends to focus on which is the better investment.
The consensus seems to be that the MBA is a good long term investment, […]
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Do you understand how and why your projects are funded?
If you would like to learn more on the financial side of projects, you may want to consider earning PDUs with finance and accounting training.
If you are in a construction, consulting, or service business, […]
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Some professionals estimate that by the end of this year, as many as 80% of applicatilon development projects will be executed using Agile methods. The Project Management Institute (PMI) has a new and very popular Agile Certified Practitioner (ACP) certification.
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How to cope with the new exam? This discussion was during the PMBOK 4th to PMBOK 5th edition transition, but the answer is relevant for any other version PMBOK
Question: I am new (beginner) to PMP and was looking to start my preparation for PMP with PMBOK 3rd Edition.
However, I’ve found […]
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Here’s how you can explode your learning by almost a factor of 10!
Think back to the last time you went to a seminar or training course…or even read an article…
How much did you learn?
Research shows that typically we take away only a small fraction – about 10% after 30 […]
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Have you ever been in a meeting and wish that you could demonstrate a better understanding of financial and accounting principles?
How about sales and marketing…operations…or human resources?
As a project manager, or prospective one, you are expected to be conversant in a broad range of subjects. A project manager tends to […]
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The PMP exam is a 4-hour, 200 question, multiple-choice, computer-based exam that leads to the Project Management Professional credential. It is based largely on the contents of the PMBOK® Guide, although you will probably want to use other books as well during your exam preparation. The PMBOK® Guide is wide-ranging […]
Number of View: 6899Oh there is a problem alright. And it starts with the fact that you have a boss, peer or project team member who is completely in denial about the chaos that is all around them. If they do see any kind of issues, well those […]
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Although many people use the terms “contingency plan” interchangeably with “workaround”, they are not the same. The difference between the two terms is related to whether the problems being handled were identified ahead of time or not. Contingency plans are made based on potential risks that are identified that could derail a […]
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The concept of a work package can be a difficult one for some people. In project management, a work package is defined as the effort required to produce a deliverable within a project. This effort may be a single task or it could be several […]
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The whiteboard. The dry eraser. The multi-color pens. The overbearing meeting participant. Those four things often come together when thinking of brainstorming. It’s a technique among multiple management nexus disciplines and at the heart of agile, business analysis and project management. It […]
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A Stakeholder Management Strategy is a document used by project managers to outline a plan to increase support and minimize obstruction from the project stakeholders. This document is created through the Identify Stakeholders process, which is one of the 42 project management processes described in the fourth edition PMBOK®.
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The Program Evaluation and Review Technique (PERT) formula is a simple and useful tool for project managers, and those who are planning to take their PMP Exam should have it memorized. There is much more to PERT as a project scheduling and planning technique than this formula, but here we’ll focus just […]
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The Project Management Institute (PMI)® offers 5 credentials in project management. Are you confused about which is the right one for you? Well, then here I am to help you find an answer.
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About the author: Naggesh is a graduate from the PLD program at Harvard Business School, and has obtained MBA and Second Master’s in Information Systems. He has a PMP from PMI in addition to being an Associate Management Accountant.