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Why and How to Earn Your PMP Credential By Mike Griffiths

International Institute for Learning

Treat your studies like a project and clearly understand the scope of the exam first. There are many ways to test your understanding and gain feedback as you go, so the final exam should be no surprise. Then, gather the resources you will need and execute a structured study plan.

PMI 83
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What Does Y=f(x) Mean? How to Use This Powerful Six Sigma Formula

ProjectManager.com

Math is required, of course, but some managers still might be perplexed by certain equations, such as the commonly used Six Sigma formula Y=f(x). In Six Sigma this formula is considered the “breakthrough equation.”. D efine is how to understand the Y, or outcome, and how to measure it. What Does Y=f(x) Stand For?

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The Growth in Importance of Project Value By Dr. Harold Kerzner

International Institute for Learning

This will require a better understanding of benefits and value, closer collaboration with clients, and a realization that metrics other than time, cost, and scope will be necessary. Abstract Project teams must have a project value mindset. There will be a significant growth in the use of value metrics for customer reporting.

2023 73
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Ultimate Guide to Business Process Management (BPM)

ProjectManager.com

To optimize the effort, different methodologies have been used to be more effective, from Six Sigma to lean management and agile project management. At this starting stage, you’ll want to analyze your business processes to fully understand how they’re executed. Types of BPM. Document-Centric.

Process 317
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125 Project Management Buzzwords

International Institute for Learning

Whether you are a newcomer or an experienced professional, you must be able to leverage this vocabulary to navigate the field both effectively and efficiently.

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The Complete Guide to Six Sigma Methodology

Wrike

Six Sigma methodology is a simple yet broad way to improve and streamline business functions through maximum quality of output. However, Six Sigma is not without its criticisms, and project managers should be aware of the pros and cons of this system before implementing it. . Six Sigma explained.

Lean 78
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125 Project Management Buzzwords

The IIL Blog

It’s not just about showcasing the work you have done; it is about framing it in a language that the industry understands. Lean Six Sigma Combining Lean and Six Sigma methodologies to eliminate defects and waste. Six Sigma A disciplined, data-driven (i.e.,