Remove Document Remove Estimate Remove PMI Remove Project Cost
article thumbnail

Measuring the Project Management Maturity of Your Organization

ProjectManager.com

This will help an organization assess and improve its project management capabilities by ranking the organization based on five maturity levels: initial, managed, defined, quantitatively managed and optimizing. Project Scope Management Here you’re defining and outlining all the work of the project.

article thumbnail

The 10 Project Management Knowledge Areas (PMBOK)

ProjectManager.com

PMBOK stands for Project Management Body of Knowledge. It is a set of standard terminology and guidelines for project management published and updated by The Project Management Institute (PMI). What Are the Project Management Knowledge Areas? This is mostly for larger projects. Project Cost Management.

Insiders

Sign Up for our Newsletter

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

article thumbnail

12 Ways to Manage Project Quality Without Drama

Rebel’s Guide to PM

But in practice, to me that looks like a lot of project documentation, and not a lot of actual doing, so let’s talk about 12 simple ways that you can manage project quality , without it being loads of work or a drama to get right. The ISO 9001 definition is very similar to APM’s, as is the definition in the PMI PMBOK ®.

article thumbnail

14 Common Project Risks (+ more)

Rebel’s Guide to PM

However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there. In this article we’ll look at common project risks so you can start filling up your risk log and making the right plans. Here is a list of common project cost risks.

Risk 330
article thumbnail

Project Management Process Groups: A Quick Guide

ProjectManager.com

To begin, let’s look at the five project management process groups defined in the Project Management Book of Knowledge (PMBOK), published by the Project Management Institute (PMI), the leading industry trade group. If the project is considered viable and valuable, it is pursued. Project scope management.

Process 304
article thumbnail

Most Common Project Management Roadblocks to Avoid for Better Outcomes

Project Bliss

Project Bidding Issues. Accurately estimating project costs for bidding is important for landing the project and making it profitable. Much of a project’s profitability A whole 80 percent of the project profitability is determined at the bid stage, and more than half of all projects do not deliver to plan.

article thumbnail

How to Actually Develop a Project Management Plan

Project Risk Coach

Work Breakdown Structure Dictionary – provide the detailed information about the deliverables, activities, cost estimates, and scheduling information for each item in the WBS. Cost Baseline – approved version of the project budget. What is a project management plan?