Enterprises are always running multiple complex projects simultaneously, and the field of project management is always finding ways to become more efficient. Recently, companies have begun establishing project management offices (PMOs) to ensure project management expertise and knowledge is shared throughout the organization. However, project management must also evolve and adapt as businesses change rapidly. […]
Every company is looking for a competitive edge, whether it’s by hiring the best people, developing the best products, or establishing compelling branding. More companies are emphasizing employee creativity, innovation, and collaboration by embracing agile transformation. While this process might sound arduous and complicated, organizations can realize the untapped potential of their employees through careful
Enterprises want to know if their projects align with the organization’s strategic objectives, but how can they get organization-wide visibility and transparency? Enterprise project management (EPM) is a way to coordinate all projects in a company. In this article, we’ll discuss EPM and why implementing one is essential for enterprises. On this page: What is
There are at least two reasons why traditional waterfall (or predictive) project management has been a go-to project management approach — it provides more control over the project. It also produces comprehensive documentation along the way that can be valuable for future enhancements. However, this control doesn’t always allow for the flexibility needed by some
For any busy Project Management Professional (PMP)®, it’s easy to forget that the PMP certification is more than just an exam. It’s a commitment to lifelong professional learning, which is why PMP credential holders need to show that they spend time furthering their education and tracking those hours using professional development units (PDUs) to keep
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
If you’re a project manager working in the construction industry, getting a Project Management Professional (PMP)® certification might not seem like a top priority. You might wonder whether the training covers practices relevant to the construction industry or whether the certification is worth the time and money. But as you’ll see, there’s a compelling case
To earn a Project Management Institute (PMI) certification, project managers must know risk response strategies for mitigation, avoidance, transfer, exploitation, enhancement, sharing, and acceptance. All projects have risks; thus, project managers must plan risk responses to ensure positive project outcomes. On this page: What is Risk Mitigation PMP or Mitigate Risk PMP? PMP Risk Mitigation
Risk Analysis and Risk Management are fundamental concepts for Project Management Professionals (PMP)®. You must be able to mitigate surprises and disruptions, and while creating a risk management plan is an essential step, it doesn’t address the specific risks your project faces. Two critical tools: a risk report and a risk register, identify and detail
In the decades since the Agile Manifesto was written as a set of values promoting trust, collaboration, and respect, project management has dramatically evolved. The Agile Manifesto values are not limited to software development or project management. They can also be applied to various industries as “Agile Transformation” is part of their organizational development. Agile
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