RENEWING PMP CERTIFICATION PMIs PMP certification is valid for a period of three years. This page explains what is required to renew your hard-earned PMP credentials. PMP certification is extremely respected credential in the industry. The article explains how to extend your certification for another three years. [contact-form-7 id="76417"...

[contact-form-7 id="76417" title="Subscriber Demo Form"] Acceptance criteria are a range of conditions that a given product must satisfy before the end-user, consumer, or group of stakeholders accepts it. These set of statements specify whether a project passes or fails the functionalities and requirements set forth by users. In simple...

Introduction The Project Management Professional (PMP) certification by the Project Management Institute (PMI) is a good choice for project managers in any industry. According to PMI, a PMP certification can increase your salary by an average of 20% and help your organization complete more of their projects on time, on budget and meeting...

What is the Traceability Matrix? (TM) A Traceability Matrix is a document that co-relates any two-baseline documents that require a many-to-many relationship to check the completeness of the relationship.It is used to track the requirements and to check the current project requirements are met. What is Requirement Traceability...

What the Experts Say? Negative feedback often contradicts the stories that we tell about ourselves — what we’re good at, what we’re capable of — and sometimes confirms our worst fears. But don’t let a negative review unravel the story of who you are. “No one bats a thousand,” says Mitchell Marks, professor of management at San...

What is Scrum? Scrum is a framework that helps teams work together. Much like a rugby team (where it gets its name) training for the big game, Scrum encourages teams to learn through experiences, self-organize while working on a problem, and reflect on their wins and losses to continuously improve. While the Scrum I’m talking about is...

Bruce Tuckman innovated a solution to manage the team In 1965, Bruce Tuckman – a human resources scientist- developed a model that Overcomes the obstacles which face the team building process, and we have mentioned some of them above. Tukman’s model which was later known as Tukman’s Ladder was initially based on 4 stages. In 1977,...

Risk management occurs everywhere in the realm of finance. It occurs when an investor buys U.S. Treasury bonds over corporate bonds, when a fund manager hedges his currency exposure with currency derivatives, and when a bank performs a credit check on an individual before issuing a personal line of credit. Stockbrokers use financial instruments...

What is Project Management Professional (PMP) Certification? PMP certification is issued by the Project Management Institute (PMI) to the experienced project managers when they successfully pass the exam. The certificate acknowledges individual’s experience, skills, and achievement. The worldwide recognized PMP certification benefits the...

A Six Sigma problem statement recognizes that there is a gap between the reality of a situation versus what should be the case and initiates the process of correcting the anomaly. It focuses on one of four main areas: an issue or area that gives cause for concern, a situation that needs to be improved, a snag that needs to be eliminated, or a...