In order to conduct organizational activities and manage projects in an orderly manner, organizations are established in various structures. Likewise organizations, projects involve many tasks from human resources management to budgeting and scheduling activities. Therefore a weak or rigid organizational … Read more
Enterprise Environmental Factors (EEF) and Organizational Process Assets (OPA) are the inputs of the project integration management processes. These concepts have extensive coverage in the PMBOK Guide. Both concepts are easily understandable however, many PMP aspirants have difficulty to understand. … Read more
There are many forecasting tools and metrics used to calculate the future performance of a project. Schedule Variance, Cost Variance, Budget at Completion and Earned value are some of them. Likewise, other forecasting tools, Estimate at Completion (EAC) helps to … Read more
The success of organizations is dependent on the profitability of projects that they select. Once an opportunity has appeared for a project, there are several reasons that need to be analyzed before an organization decides to take it up. Project … Read more
The Expected monetary value analysis (EMV) is an important concept in project risk management which is used for all types of projects to make a quantitative risk analysis. As a risk management tool, Expected monetary value (EMV) helps to quantify … Read more
When you decide to become a Project Management Professional, the first thing to know is how to become a PMP. People often say the following words: You need to attend a pmp certification online course, you need to read the pmp … Read more
Creating a serviceable project schedule is an indispensable activity for a project’s successful completion. Most of the project managers suffer from poor schedules that lead wrong decisions. Poorly created project schedules involve an inadequate number of activities and resources required … Read more
In this article, we will discuss conflict management techniques in the workplace and their importance for successful project management. Conflicts are integral parts of our daily lives. They may arise when two or more people do not agree on an … Read more
Risks are the unforeseen events that may have positive or negative effects on a project’s goals. These events may originate from various types of resources such as financial errors, poor management, security threats, accidents, and severe climatic conditions. Many people … Read more
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