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Managing change well can make the difference between keeping your project moving in the right direction and confusing and frustrating team members. Change can come from many directions, flooding your processes or trickling in one drop at a time. By mastering the flow of changes, you can maintain agility while keeping all stakeholders happy. Here’s …
Continue reading How To Successfully Perform Integrated Change Control
Introduction The project charter is an essential component of project management, and in addition, for a Project Management Professional (PMP) candidate, a complete understanding of the project charter is critical for success on the PMP exam. This blog post will explore the role of a project charter, its key components, the process of project charter …
Continue reading The Power of a Project Charter: Purpose, Creation, and Best Practice
Being a manager is a multi-faceted position. It requires managing personnel and resources, solving problems, thinking critically and creatively, being a leader, and coordinating many moving parts simultaneously. However, to be a successful manager, there is nothing more critical than exhibiting excellent communication skills. Even still, developing adequate communication skills in managers is often not …
Continue reading The Importance of Effective Communication for Managers
In today’s rapidly changing business landscape, organizations are on a constant lookout for professionals adept in Agile methodologies to steer projects towards success. Consequently, Agile certifications have become a valuable credential, signifying proficiency in Agile principles and practices. Two such prominent certifications are the ICP-APM (ICAgile Certified Professional in Agile Project Management) and the PMI-ACP …
Continue reading ICP-APM vs PMI-ACP: Choosing the Right Agile Certification
As new industries and technologies emerge, project management best practices and skills must continue to evolve and adapt. The PMI Talent Triangle was first introduced in 2015 to help project professionals succeed amidst these changes by teaching them the best ways to work. In the years since then, the triangle has continued to evolve along …
Continue reading The Importance of Power Skills for Project Managers
Learn what project interdependencies and dependencies are to improve your risk management efforts and better ensure your project goals are met. On this page: Project interdependencies and dependencies in project management What is a project interdependency? Types of project interdependencies Examples of project interdependencies What is a project dependency? Types of project dependencies Examples of …
Continue reading What are Project Interdependencies in Project Management?
In the world of project management, uncertainty and risks are inevitable. Project managers are constantly seeking effective methods to manage and mitigate risks to ensure successful project delivery. One such technique is the Monte Carlo analysis, which helps assess the impacts of various risks on project cost and timeline, and helps identify potential schedule and …
Continue reading Understanding the Monte Carlo Analysis in Project Management
Why does the difference between a risk and an issue in a project matter? A good project manager knows the role of project risk and project issue to manage impact and response for the project. On this page: What is a Risk in project management? What are the types of project risk? Importance of understanding …
Project Management Institute (PMI) will launch a new Certified Associate of Project Management (CAPM)® exam with new domains, question formats, and application requirements in July 2023. On this page: CAPM 2023 Exam Changes: What You Need to Know Preparing for the 2023 CAPM Exam Understanding the New CAPM Exam Domains CAPM Exam Application Requirements, Eligibility, …
Continue reading CAPM Exam Changes in 2023: What You Need to Know
In 1906, the Italian economist Vilfredo Pareto famously observed that 20% of Italy’s population owned 80% of the country’s property. 35 years later, Joseph M. Juran, an American engineer and management consultant, began to apply what became known as the Pareto Principle to quality issues in business. The 80/20 rule, as it is more commonly …
Continue reading How to Use the 80/20 Rule in Project Management
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