Project Risk Management § Project Risk Management is involved in risk identification, management and response strategy impacts every area of the project management lifecycle § risk = uncertainty § risk management= increase the probability of project…
Project Communications Management § Ensure the timely collection, generation, distribution, storage, retrieval and ultimate disposition of project information § this Knowledge Area is very important to the ultimate success of the project § message transmission: 7% in word, 38% in vocal pitch, 55% in…
Introducing a new competency-based certification on agile business analysis from IIBA®. Launching in June 2018, the IIBA Agile Analysis Certification provides professionals with the next step in agile certification. What can BAs do with this credential? Central to the value…
Project Resource Management § Important: Sexism, racism or other discrimination should never be tolerated, no matter what the circumstances. You must separate your team from discriminatory practices, even if those practices are normal in the country where you’re working…
Project Quality Management Overview: § Quality: the degree to which a set of inherent characteristics fulfills requirements, decrease rework/costs, increase productivity/stakeholder satisfaction § everyone in the organization is responsible for the quality (project team for destined parts while PM for…
Project Cost Management § important cost management/calculation terms: § sunk cost – cost already incurred in the past and cannot be recovered, do not consider any more § opportunity cost – difference in value between one path vs alternative…
Plan Schedule Management § Inputs: Project Charter, Project Management Plan, EEF, OPA § Tools & Techniques: Expert Judgement, Data Analysis, Meetings § Outputs: Schedule Management Plan § defines policies, procedures and documentation for managing and controlling project schedule …
Project Scope Management § The project manager would need to ensure the inclusion of all and only the work required to complete the project successfully (to achieve project objectives to deliver business values). § The primary aim of scope management…
Project Integration Management Project Integration Management encompasses all the process and activities to identify, define, combine, unify and coordinate all the various project management processes and activities and manage the interdependencies. § integration management is required when different project…
In a leisurely conversation with a friend about the ROI for an MBA versus PMP certification, I figured that US schools (alone) awarded approximately 100,000 MBA degrees in the year 2008. That number when put into a combined perspective with…
