Have you thought about taking the PMP exam? Want to get your project management certification? What’s holding you back? Is it time? Is it money? Don’t know where to start? PMP Exam Prep: PMI Registered Education Provider The PMP designation is awarded to qualified individuals by the PMI (Project Management Institute). In order to become a certified project … [Read more...]
Before a project even begins, a project charter is a document that incorporates the project and appoints the project manager. Many projects operate without a project charter, even multimillion dollar projects. But the formal authorization of the project by the performing organization can be important to ensure the lines of authority are clear and identify what the … [Read more...]
Many documents are created in the profession of project management. Some of these are critical to the successful completion of the project, and others are merely intended for organizing the work flow. But the Project Management Body of Knowledge (PMBOK) outlines many documents that have an integral place within the structure of project management, and the … [Read more...]
The Project Management Body of Knowledge (PMBOK) divides projects into five phases. Although the term 'phase' implies that they are carried out in chronological order, in practice they can be performed out of order. For example, when project changes occur the project manager would proceed back to the planning phase. For this reason they are officially … [Read more...]
In yesterday's post we outlined the critical path method which is one of the professional project manager's techniques to ensuring project deadlines are met. Today we will walk through an example with a complete solution using MS Excel. Our example project is to build a new driveway. We will be hiring our friend, Jon, who is a concrete worker, and we will … [Read more...]
Earned Value is a method used by project managers to calculate the current project status and predict future project performance. In this post we will outline each earned value formula. Planned Value (PV) Earned Value (EV) Actual Cost (AC) Schedule Variance (SV) Schedule Performance Index (SPI) Cost Variance (CV) Cost Performance Index (CPI) … [Read more...]
With most projects, success can ultimately be attributed to the project team. Using the right people for the job and managing them well can be one of the biggest skills of a project manager. You can't put a value on knowing your project team is going to get the job done right, on time, and under budget. The Project Management Body of Knowledge contains processes to … [Read more...]
Unlike most of the project management knowledge areas, which deal with a specific area of expertise of the project manager, the Project Integration Management knowledge area is something of a catch-all, containing many of the everyday actions of a project manager. It is the glue that holds the project together. The processes within the Project Integration Management … [Read more...]
A single poor quality deliverable can create not only a problem with the customer, but an internal cycle of low performance whereby an environment is created where project quality is not valued as it should be. Project team members then get into the habit of avoiding the extra effort to produce top quality products. In the Project Management Body of Knowledge (PMBOK), … [Read more...]
Project Management is like fixing a car - you must break it down into parts. You won't find the problem if you can't isolate the defective part, and you can't fix the problem if the defective part is not separated from the main engine. A Work Breakdown Structure (WBS) represents this division of a project into constituent tasks. It is a tabular or … [Read more...]
