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Project Artifacts and How to Use Them

Rebel’s Guide to PM

Mostly, the term refers to the project documentation you produce that defines and supports the work you are doing. A Guide to the Project Management Body of Knowledge (also known as the PMBOK® Guide -- 7th Edition) is core reading as prep for PMI exams. An artifact is something you create. Documents are documents.

Logistics 258
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Understanding What is Quantitative Risk Analysis

Project Pulse Journal

Defining Quantitative Risk Analysis Quantitative risk analysis is an approach that leverages numerical values and calculations to identify, measure, and manage potential risks associated with a given project or decision (Meredith & Mantel, 2009; Kerzner, 2017). Meredith & Mantel, 2009).

Risk 52
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A Beginner’s Guide to Understanding Earned Value Management

MPUG

Air Force defined the criteria for their acquisition projects which included the basic concepts of EVM. In 1987, PMI included an overview of EVM in their PMBOK Guide and in subsequent editions and during the 1990’s governmental procurement groups streamlined their activities to include EVM reform. In 1965, the U.S.

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Unlock the Power of the Project Management Plan

Velociteach

Domain Management Plans describe how the project domains (PMI knowledge areas) will be planned, executed, and monitored. Defining these practices establishes clear expectations for the project team, customers, and executive stakeholders. Communications management defines the who, what, when, and how of project communications.

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What is ROM and how to calculate it (with example)

Rebel’s Guide to PM

What is a ROM estimate? A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets.

Estimate 285
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Demystifying the PMBOK Process Groups

Wrike

The Project Management Institute (PMI) created the PMBOK (Project Management Body of Knowledge). The sixth edition of this guide was released in 2017, and the seventh edition is expected in 2023. . A high-level cost estimate. An introduction into PMBOK process groups and knowledge areas. Key stakeholders .

Process 48
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Webinar Recap: Want To Be A PMI-ACP? The Primary Steps to Take

MPUG

Please find below a transcription of the audio portion of Satya Narayan Dash’s session, Want To Be A PMI-ACP? If you want to be a PMI-ACP, here are the primary steps to take. Today’s session is eligible for one PMI-PDU and the technical category. The MPUG activity code for claiming that with PMI is on the screen now.

PMI 52