article thumbnail

How to Start a Career in Project Management: Answers to FAQ

Epicflow Blog

A PM monitors all the operations, resolves different types of conflicts if any, communicates with and reports to clients and stakeholders. PMI Professional in Business Analysis (PMI-PBA) (costs from $405 for members and $555 for non-members); . This stage is the most difficult in terms of decision-making.

article thumbnail

Product Portfolio Management: What It Is and Why It Matters for Business Leaders

Epicflow Blog

By monitoring the market and examining competitors’ products and listening to your customers, you can timely react to even slight market changes and people’s needs as soon as they arise. According to PMI , a project is a temporary arrangement with a defined beginning and end in time and therefore defined scope and resources.

article thumbnail

Managing Virtual Teams: Strategies for Project Managers

Project Pulse Journal

Support The PMO provides ongoing support to virtual teams by offering resources, tools, and expertise to facilitate project execution. It may involve providing access to project management software, training and development opportunities, and technical support to address any challenges or obstacles virtual team members encounter.

PMO 52