article thumbnail

A History of PMI & Its Role in Project Management

ProjectManager.com

The Project Management Institute (PMI) is a nonprofit organization for those working in project management across the globe. If you have even a passing interest in the field, then you’ve bumped up against PMI. Given its vast influence, it’s important to have a basic understanding of PMI and its history. A History of PMI.

PMI 276
article thumbnail

Successful Project Delivery in Aerospace and Defense: Success Criteria

Epicflow Blog

In aerospace and defense projects, there should be no room for ambiguity regarding the desired outcomes. Read the article to learn more about these criteria, and which of them should be applied to assess the success of aerospace and defense projects. . The importance of defining success criteria for aerospace and defense projects.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Evolution of Project Management

The IIL Blog

Private Sector Project Manager Selection The birth of modern-day project management is most frequently attributed to the engineering community, mainly aerospace and defense. At a PMI® conference I attended later in the 1970s, almost 80% of the papers were presented by engineers or people working for engineering companies.

Aerospace 147
article thumbnail

Artificial Intelligence and Project Management: The First Step

The IIL Blog

Risk Management. Effective risk management has to be proactive. AI enables predictions that are more accurate than traditional software solutions in determining risk responses, probabilities, and their impact. is an Aerospace Engineer and Project Manager working in the Aircraft Industry in Germany. Active Assistance.

article thumbnail

WBS and Product Backlog: Siblings or Distant Cousins?

Leading Answers

However, they did not use the term “work breakdown structure” or WBS until 1962 when DoD, NASA and the aerospace industry published a document about PERT that described the WBS approach. E2: Do high-risk steps early – Prioritize the work based on risk.   Visualizing work is a major component of lean thinking.

Aerospace 125
article thumbnail

PROJECT MANAGEMENT BENCHMARKING, an excellence enabling instrument

International Institute for Learning

This can include: Project Management Institute (PMI ® ) publications. Gap can also exist for performance improvement expectations such as: Reduction in risk by a certain percentage, cost, or time. But we view the transitioning risk template as proprietary knowledge not to be shared.”. There are several types of benchmarking.

article thumbnail

Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003.