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One of the most powerful advantages of being a Project Manager is its a skill set not confined to any industry or business type. Project Management Institute (PMI) research indicates project management-oriented careers in seven sectors are expected to grow by 33%, or nearly 22 million jobs, through 2027. In the next seven years, that […]
While planning a project, you may discover some tasks or products can either be accomplished in-house or by a vendor. Make or Buy Analysis is a PMP exam technique that will help you decide which option is better. On this page: Make or Buy Analysis PMP Definition Factors to Consider for Make or Buy Decision
Those looking to expand their project management career often ask for advice about which certification to pursue: Waterfall or Agile? Given the prevalence of the Project Management Professional (PMP)® certification for those using traditional (or “waterfall”) project management methodologies, some refer to any project certification as “PMP.” But in fact, there are separate certifications for
One of the essential duties of a project manager is to determine whether a project is worth investing in and ensure its success from beginning to end. For example, one helpful metric of project value is the payback period; that is, how long will it take to recover your initial investment in the project? Let’s
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
You receive a unique code via an encrypted electronic message with an address, and what to bring to that location on a specific day and time. You are prohibited from bringing any communication device or unauthorized documentation to the meeting location. You must provide a government-issued ID to enter the meeting location. Are you going
Most project managers strive to earn PMI’s Project Management Professional (PMP)® certification. Those seeking Agile training, an Agile PMP Certification equivalent, or other project certification should include Agile methodologies into their training and PMP certification knowledge base. The Project Management Institute (PMI) predicts there will be 2.2 million project-oriented roles annually through at least 2027.
It can be a challenge to select the next project for your team to accomplish. One project management concept that can help you make an informed decision is Net Present Value, which describes the difference between a project’s cash value now versus what it will most likely be in the future. It’s important to understand
Demand for skilled project managers in all industries and locations grows constantly. The latest estimates indicate that employers will need to fill 2.2 million project-oriented roles every year through 2027. The PMP certification is an excellent choice for aspiring project managers to demonstrate their qualifications in this growing field. On this page: What is the
Burn Rate is a term used on the PMP Exam and is largely in Agile environments, as an indicator of how well a project is, or is not, staying within the project budget. Project Managers should understand what burn rate is and how to calculate it. Keeping track of your burn rate is important when
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New Horizons
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