Project Management
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What is schedule Activity in Project Management? – Learning Guide
WHAT IS PROJECT TIME MANAGEMENT? Let us first understand, what is project time management? The project time management is an act of exercising or planning the conscious control on the time spent on specific tasks or activities. Time Management increases the effectiveness, efficiency or productivity of a person, organization or a project. Time...
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Agile Value Stream Mapping: A Complete Guide Tutorial For FREE | CHECK-OUT
Value stream mapping is a technique used to analyze the flow of information, people, and materials required to bring a product or service to a consumer. Value stream mapping is a concept that originated in Lean manufacturing methodologies. A typical process will consist of a series of steps and activities.These are classified as...
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What is Certified Scrum Professional (CSM)? – Learning Guide
What is Scrum? Scrum is part of the Agile practice of problem solving.1 For example, a team is brought together to work collaboratively to solve a problem or create a new product to meet a specific need or set of specifications. Agile involves the values and principles that will guide the team. The Scrum method takes Agile a step further to...
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PMP Earned Value Management (EVM) Formulas – A Quick Guide
What is Earned Value Analysis? Earned Value Analysis (EVA) is a method that allows the project manager to measure the amount of work actually performed on a project beyond the basic review of cost and schedule reports. EVA provides a method that permits the project to be measured by progress achieved. The project manager is then able, using...
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PMP Vs PRINCE2 Vs CAPM: Which is better?
When it comes to choosing a certification in the field of project management the first three choices that come in our mind are PMP, PRINCE2, and CAPM. However, for aspirants, it is not always possible to pursue all three of these certifications. So, eventually they have to choose between PMP, CAPM, and PRINCE2 but the question is out of all three...
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Fast Tracking Vs Crashing: Difference You Should Know
You’ve done all your analysis, collected the duration estimates from your team, and developed a beautiful project schedule. You provide it to your sponsor or customer and they say? “Get it done faster”, of course. There are two techniques that can be used to shorten the project duration while maintaining the project scope: fast-tracking...
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Deming vs Juran vs Crosby: Which is better?
Three commonly cited quality management theorists quoted on the exam are: W. Edwards Deming, Joseph Juran, and Philip Crosby. Deming Deming was an American statistician, professor, author, lecturer, and consultant.He believed that organizations can increase quality and reduce costs by practicing continuous process improvement and by...
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Project Scope Management & It’s Important? – Learning Guide
Project scope management is a process that helps in determining and documenting the list of all the project goals, tasks, deliverables, deadlines, and budget as a part of the planning process. In project management, it is common for a big project to have modifications along the way.Project Scope is the work that needs to be accomplished to...
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KNOW The Basic Principles of Project Management
Before you can even plan the project, you must get it approved by stakeholders and sponsors. So, you’re sort of a salesman. Then you must plan it, schedule it, budget it, all within the confines of what has been approved. Next, you need to assemble a team to accomplish those tasks, and you must monitor their progress and report back on it to...
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Top PMP Exam Questions & Answers [ In-Demand ]
PMP Questions and Answers #1 A manager and the head of engineering discuss a change to a major work package. After the meeting, the manager contacts you and tells you to complete the paperwork to make the change. This is an example of: A-) Management attention to scope management.B-) Management planning.C-) A project expediter...
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