Project Management

Different Roles in Project management – Covering various Industries

It is very important to every project manager in fact to every person across industries to know about all the possible roles in project management that exist in their respective organizational hierarchy. With the role comes the responsibility. There are tons of responsibilities to execute, things to accomplish and be accountable for. One should have fair knowledge and exposure to all the project manager roles in the organization irrespective of their level and responsibilities. This helps them to understand the different people’s interest in the organization, their scope of authority and power line. Preparing to become a Certified Project Management […]

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Project/Program/Portfolio in PMI Terms

What is a Project? Scenario: Suppose your boss comes to you in morning and said “There is some issue in the system, can you check what is wrong with this and fix it?”  Is this is a project? No, because if you don’t know what has to be done, if you don’t know what is wrong then how can you fix it. To know what the project is you have to see the characteristics of a project. A TEMPORARY Endeavor Created a UNIQUE product or service or result. UNIQUE means deliverables are different in nature and may be tangible or

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Mindset required for Project Managers

“Leaders are born, not made”, is a statement what every one of us would have heard or used at least once. Those were the days when so called leadership traits, skills were rarely seen and in fact a few are seen in a century. Is that because the rest of the people don’t possess those qualities or because they have not exhibited them inspite of having those qualities? Of course that is not our area of interest, but leadership traits, certainly yes. Leader and Manager are two terms when used are understood as synonyms. Whatever the industry we are in,

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PMP Study Notes Series

PMBOK speaks about project management practices and standards in 5 Project Management Process Groups and 10 knowledge areas. All the project management process groups have all or some knowledge areas used or all the Knowledge areas were used in all or some process groups. Sorry, if it is confusing, but to keep it short, you can start preparing on process groups or on knowledge areas whichever is easy for you. On the first or second day of reading you should be able to make a decision which path to take, either start with process groups or with knowledge areas. Don’t

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Detailed Explanation of PMBOK 4 vs PMBOK 5

Change in Fifth Edition PMBOK® Guide The purpose of this document is to give a detailed explanation of the changes made to A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Fourth Edition to create the PMBOK® Guide-Fifth Edition. PMBOK5 1.1 Project Management Plan and Its Subsidiary Plans To improve consistency and aid clarity around the various subsidiary plans that make up the overall project management plan, four planning processes were added: Plan Scope Management, Plan Schedule Management, Plan Cost Management, and Plan Stakeholder Management.These changes bring back the scope planning process from the Third Edition and add three

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