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Project Management Academy

Project Management

What is a Schedule Management Plan?
Project Management

What is a Schedule Management Plan?

The Schedule Management Plan is a key element of a project’s overall Project Management Plan. It provides guidance to the project manager and project team on how the project schedule will be developed, maintained, and controlled. With a Schedule Management Plan, the project manager can use pre-determined mitigation steps to address deviations from the plan […]

Get Started with an EPMO Framework and Structure
Project Management

Get Started with an EPMO Framework and Structure

Large organizations leverage an Enterprise Project Management Office (EPMO) organizational model to enable a consistent and reliable alignment of project management office execution, portfolio management governance, and corporate strategy. An EPMO structure creates standardized key performance indicators and metrics, more accurate project reporting at all levels, and efficient resource utilization across teams, all in support

EPMO Best Practices
Project Management

EPMO Best Practices

Those who are already familiar with a project management office (PMO) will understand that a PMO can operate under one of three levels of organizational scope: individual, departmental, and enterprise. While individual and departmental PMOs support project management teams at the project or business unit level, respectively, enterprise PMOs (EPMOs) work differently. In fact, enterprise

7 Ways to Improve Project Efficiency
Project Management

7 Ways to Improve Project Efficiency

As project management shifts toward more transparency, clients are increasingly interested in how well the team spends its time and resources. Project teams are expected to “do more with less,” and to “work smarter, not harder.” While these are good practices to adopt in general, the challenge for project managers is quantifying how much value

Project Management, Risk Management

How to Monitor Risks in Project Management: This Is What Professionals Do

Managing projects means learning how to handle positive and negative risks efficiently. As a project manager, you need to understand how to monitor project risks to avoid and mitigate threats while taking advantage of opportunities. Monitoring risks is crucial for effective project management. Learn more about the Monitor Risk PMP process and learn from Project

intro to risk breakdown structure
PMP Exam Prep, Project Management, Risk Management

Introduction to Risk Breakdown Structure PMP

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

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