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Project Management for Aspiring, New, and Accidental PMs
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Certification is an essential aspect of a project manager's career growth. It validates your knowledge and expertise and enhances your credibility and marketability in the industry. The Project Management Institute (PMI) offers two certifications, the Certified Associate in Project Management (CAPM)Ⓡ and the Project Management Professional (PMP)Ⓡ, which are recognized globally as the gold...
Creating a project budget is a critical task in project management. A well-planned and executed budget can help ensure project success by providing a framework for controlling project costs and resources. However, project budgeting can be challenging, especially for new project managers. Today, we’ll look at tips and tricks for creating a successful project budget.
One of the most...
Project, program, and portfolio management are different but closely related concepts essential for organizations to effectively achieve their goals and objectives and implement their strategy successfully. Understanding the differences between these three concepts is crucial for anyone managing projects, programs, and portfolios. Let’s define project, program, and portfolio management,...
"Lessons learned" is a crucial part of project management that involves reflecting on a project's successes and challenges to identify areas for improvement in future projects. By taking the time to conduct a lessons-learned review, project managers can improve their own skills and knowledge and enhance their teams' efficiency and effectiveness. Here are some steps to follow when conducting...
In 2023, you can best improve your project management and take it to the next level by building a positive workplace culture, being more inclusive, using the best tools for the job, and leveraging technology to your advantage. Some technologies to consider include the cloud and on-demand training applications. Let’s take a deeper dive into these ideas.
Build a positive workplace culture
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The Guide to the Project Management Body of Knowledge (PMBOK Guide®) is the de facto standard for project management. It's used by many project professionals responsible for the outcomes of projects, including those in information technology, construction, engineering, biotech and pharmaceuticals, and other industries with similar workflows. Although the PMBOK has been updated over time to...
The PMP exam is approximately a four-hour (230 minutes, plus two 10-minute breaks), 180-question test. The questions on the PMP exam are designed to measure your ability to apply project management principles and techniques, including planning and organizing, monitoring and controlling, risk management, and procurement management, among others.
The PMP exam currently has 180 questions,...
Projects fail for many reasons, but the most common include
- unrealistic expectations
- lack of accountability or discipline
- unclear or conflicting goals
- poor communication
Poor communication is often a big part of what causes projects to fail. It can mean:
- Lacking a structured plan for communicating regularly with key stakeholders about the risks and successes of the project
- Not having a...
Project managers are responsible for ensuring that a project is completed on time, within budget, and within the desired scope. Risk management is one way to help ensure this happens. Whether you're just starting as a project manager or have years of experience, there are many benefits of adopting risk management into your project management processes. Here are five of the top reasons why risk...
A completed project budget can help you determine if a project is financially viable. With it, you may spend what was expected and get the return on investment you want. But it takes many steps to get the best budget and nail it down before starting a project. Let's dive into what goes into creating that budget:
Define the Project
The first step in creating a budget is to clarify the project...
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