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The Project Management Institute (PMI) manages the Project Management Professional (PMP)® certification process, the PMP® exam administration, and the PMP exam content, including changes within those components. In January 2021, PMI released a new PMP® certification exam, followed in August 2021, by a new Guide to the Project Management Body of Knowledge (PMBOK® Guide) – …
Since every project comes with risks, every project manager should be well versed in the risk management process. Risk management involves identifying, assessing, and managing risks using established industry guidelines and best practice standards. Identifying risks can help project managers produce a list of all known potential risks. However, this list doesn’t help you decide …
Continue reading Introduction to Risk Breakdown Structure PMP
Earning the Project Management Institute’s (PMI) globally recognized Project Management Professional (PMP)® certification begins long before you find out your PMP exam score. In fact, you must have an approved application before you can even look at dates to schedule and take the PMP Certification exam. To earn the coveted PMP certification status, it is …
Quality audits and inspections are often used similarly in everyday conversations. However, these terms are not interchangeable when it comes to project management. You must understand the difference between a quality audit vs. inspection for the PMP exam. Read through the following guide to quality audits and inspections and see if you can answer the …
No matter how well-planned, a project can always run into some problems. After a problem occurs, it is crucial for you to understand what happened, why, and how to fix it and prevent it from happening again. To do this, you need root cause analysis.
Precision and accuracy are seemingly similar concepts that actually have unique definitions and purposes. While some use these terms interchangeably, their differences are crucial for quality management questions on the PMP exam and other project management work. In this article, we will focus on understanding Accuracy vs Precision for the PMP Exam.
The terms “quality” and “grade” are often used interchangeably. However, PMP certificate holders need to understand the difference between quality and grade for the PMP exam and project management work. These PMP concepts are closely related, so it can be challenging to grasp what is different about quality vs. grade. Your experts at Project Management …
Project Managers are involved with managing and controlling quality processes all the time while running their projects. But what about the cost of achieving acceptable quality or the price you pay for not stopping poor quality from reaching a customer? This concept is known as the “cost of quality” and is crucial to understand for …
In project management, “quality” refers to meeting or exceeding the expectations you establish with your client. If your deliverables meet or exceed expectations, they are high quality. If they don’t, they are low quality.
A picture is worth a thousand words. The flowchart, a project management tool, exemplifies that saying with the power to quickly convey complex information using a diagram. A flowchart can not only convey interconnecting steps but be used in monitoring progress and periodic status reporting. When preparing for the Project Management Professional® (PMP) exam, project …
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