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Business Acumen for Project Managers [Free Checklist]

Rebel’s Guide to PM

It’s also something mentioned in the standards for professional project management bodies. Apparently, business acumen is something that project managers should have. In 2022, PMI updated the Talent Triangle to include business acumen. It really is a core skill for project professionals. So what’s it all about?

PMI 379
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12 Ways to Manage Project Quality Without Drama

Rebel’s Guide to PM

The ISO 9001 definition is very similar to APM’s, as is the definition in the PMI PMBOK ®. Budget for quality Project cost is normally based on what you need to complete the deliverables, and sometimes project activities for quality are not included. Work out the cost for the quality requirements.

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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.

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Impact of Resource Constraints on Project Delivery and How to Overcome Them

LiquidPlanner

In this article we’ll look at what impact resource constraints have on getting work done and how they affect project schedules. How do resource constraints affect project delivery Resource constraints on project delivery affect your team in these ways: Project timescales Project cost Team skills Let’s take a look at each of those.

Estimate 142
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What is Project Management

MPUG

What is a Project The Project Management Institutes (PMI) PMBOK defines a project is “a temporary endeavor undertaken to create a unique product, service or result.” Project Management as a Profession As a Profession , it has its roots in the 1950s and 1960s when the U.S.

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125 Project Management Buzzwords

The IIL Blog

Continuous Improvement The ongoing effort to improve a project process, product, or service to achieve better results. Cost Estimation The process of estimating project costs is done by leveraging historical data, expert judgment, or quantitative models. What Is Project Management Buzzwords?

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Managing Project Assumptions and Risks

The IIL Blog

For example, the projects must be delivered by a certain date. For example, IF the project costs more than planned, THEN there are multiple potential impacts. In 2016, Alan founded Project Management Essentials to share his passion for and experience in project management, leadership, and Agile.