A procurement management plan documents how a project will conduct its procurement (purchasing). In the Project Management Body of Knowledge (PMBOK Guide), it is the component of the overall Project Management Plan that deals with external purchasing for the project. It is separate from the statement of work (SOW), also known as the terms of reference (TOR) which … [Read more...]
The IPMA Level C designation is a project manager certification issued by the International Project Management Association (IPMA). The nickname for level C certification is ‘Certified Project Manager.’ Level C is for project managers on smaller or non-complex projects where relationships often play a larger role than rigid adherence to project management … [Read more...]
IPMA Level B is a project manager certification issued by the International Project Management Association (IPMA). Levels B and C are both project manager certifications from the IPMA. Level B is for complex projects where project managers are full time professional project managers, and Level C is for simple projects where project managers are usually … [Read more...]
The International Project Management Association (IPMA) maintains a project management methodology and certification scheme which is outlined in the Individual Competence Baseline. This manual outlines 29 'competence elements' which define a competent project manager. The competence elements are divided into three subcategories: Perspective People … [Read more...]
PRINCE2's processes are structured activities that turns one or more inputs into outputs. They are the tasks required to direct, manage, and deliver a project successfully. There are 7 processes within the PRINCE2 methodology: Starting up a project Directing a project Initiating a project Controlling a stage Managing product delivery Managing a … [Read more...]
PRINCE2's principles are guiding doctrines which must be followed by all projects. They are like a project constitution of sorts. All projects must abide by these philosophies. The seven principles are: Continued Business Justification Learn from Experience Defined Roles and Responsibilities Manage by Stages Manage by Exception Focus on … [Read more...]
One of the most confusing aspects of Project Management is the concept of Contingencies and Management Reserves. When are they used? What are they used for? And how are they applied? In this article I will lift the veil. Contingencies Contingencies are amounts placed in the project estimate to account for "known unknowns." That is, the … [Read more...]
Scope management, or rather the lack of it, is one of the biggest reasons for project failure. Correctly defining what is and is not included in the project is absolutely foundational to good project management. I've seen many projects go south even though they had the right expertise, schedule, high quality deliverables, and even satisfied clients. But if the dreaded … [Read more...]
A project manager that fails to allocate project resources is like a carpenter without a hammer. That's why estimating task resources is an integral step in project planning. It also happens to be one of the most fundamental aspects of project management, one of the steps that the project manager utilizes on a day to day basis. Types of Resources Each task on … [Read more...]
A project manager is answerable for all the success of the project. He is the one who initiates, plans, designs and executes the project. Also, maintaining, monitoring, controlling and winding up the project after completions all are included in the responsibilities of project manager. Project Managers organize Tasks, Time and Budget. The main responsibility is to keeping … [Read more...]
