MPUG

JANUARY 8, 2024

The solution, of course, is estimating. There is a whole science to estimation, and it would be possible to go very deeply into this. But before we start, let’s tackle the Estimation Elephant in the Room…. The estimation techniques they use are a deliberate trade-off between speed and accuracy.

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Estimate Technical Review Risk Management Closing 52

NimbleWork

NOVEMBER 30, 2023

This year, we participated in the Project Management Institute’s annual PMI Summit, held in Atlanta. In our estimate, at least 50-60% of the people we spoke to said that their organizations were Hybrid Agile organizations. The post Lessons from the PMI Summit 2023 appeared first on Nimblework.

PMI 52

PMI 2023 Technical Review PMO 52

Rebel’s Guide to PM

MARCH 18, 2021

But what if you don’t use PMI methods? Whether you subscribe to the PMI way of thinking or use another approach based on your background, skills, experience, certification or the expectations of management, I’m pretty sure that you’ll have to create project documents. Documents are documents.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

Rebel’s Guide to PM

JULY 20, 2023

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. See on Amazon We earn a commission if you click this link and make a purchase, at no additional cost to you #ad 07/19/2023 01:40 pm GMT But what if you don’t use PMI methods?

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

LiquidPlanner

AUGUST 14, 2018

PMI requires this for PMP holders through their Continuing Certification Requirements Program and you could easily find yourself paying for additional courses and materials to keep up. To learn more about how to master the Art of Estimation, download our eBook, “ 6 Best Practices for Accurate Project Estimates.”

Certification 910

Certification Estimate Infrastructure Manufacturing 910

Rebel’s Guide to PM

SEPTEMBER 14, 2021

This is a guest article by Brantlee Underhill, Managing Director, PMI, North America. By McKinsey & Company’s estimates, this equates to a potential of three months of learning loss in math and one-in-a-half months of learning loss in reading. Project Management Institute (PMI) understands this urgent need. Kickoff from PMI.

PMI 404

PMI 2020 Executing Initiating 404

Techno-PM

MARCH 16, 2022

What is the PMI-ACP Certification? PMI-ACP Certification is a professional certification offered by PMI. The PMI-ACP Certification is a professional certification designed to help project managers with their day-to-day tasks. Who should apply for PMI-ACP® Certification? How Do You Obtain Your PMI-ACP Certification?

PMI 36

PMI Certification Software Review Technical Review 36

ProjectManager.com

JANUARY 23, 2024

Organizational Project Management Maturity Model (OPM3) by PMI Developed by the Project Management Institute (PMI) to help managers understand the maturity level in projects, programs and portfolios by using the 10 knowledge areas of the Project Management Body of Knowledge (PMBoK).

Underperforming Technical Team 337

Underperforming Technical Team Risk Management Software Review Budget 337

Rebel’s Guide to PM

FEBRUARY 20, 2022

It’s probably fairer and less controversial to say that it was ‘estimated’ rather than created totally randomly from scratch. But she was worried that other people were interpreting the estimate as definite fact. What is the PMI Code of Ethics and Professional Conduct? What is Ethics in Project Management?

Underperforming Technical Team 424

Underperforming Technical Team PMI Risk Management Estimate 424

Rebel’s Guide to PM

JULY 13, 2022

Dr Jo Griffin from Northeastern University’s Master’s in Project Management program gave some concrete examples of how you can actually use stories as part of your project communications plan at the 2015 PMI Global Congress EMEA. Dr Jo Griffin and me at the PMI Global Congress EMEA 2015. Use stories to connect and convince.

2015 455

2015 PMI Estimate Planning 455

Rebel’s Guide to PM

MARCH 4, 2019

You might want to take this even further and document exactly how you are going to estimate how much time resources will be required for, how you are going to ‘win’ scarce resources, and what risks you might face around securing the resources. Step 2: Estimate Resource Requirements. Resource estimation is always tricky.

Software Review 312

Software Review PMI Prince2 Estimate 312

ProjectManager.com

NOVEMBER 27, 2019

It is a set of standard terminology and guidelines for project management published and updated by The Project Management Institute (PMI). With the tasks now sequenced, the resources required for each must be estimated and assigned. PMBOK stands for Project Management Body of Knowledge. What Are the Project Management Knowledge Areas?

Monitoring 502

Monitoring Risk Management Controlling Technical Review 502

Online PM Courses

NOVEMBER 4, 2018

The PMI Talent Triangle is a simple tool that reminds us all about the value of a broad range of professional skills. The most succinct – and possibly best known – articulation of that full range of capabilities is the PMI’s Project Management Talent Triangle. Just a Moment… Who or What is the PMI?

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PMI Technical Review Certification Leadership 75

ProjectManager.com

OCTOBER 17, 2023

At this point, there will be a selection of the project delivery method, construction cost estimating and permitting. Construction Estimate As you work on your budget during pre-construction, our free construction estimate template for Excel will help you forecast costs more accurately.

Construction 339

Construction Process Project Life Cycle Software Review 339

Rebel’s Guide to PM

DECEMBER 13, 2022

It can be helpful to compare estimates back to actuals to review how accurate the estimates were and inform future task planning. Organize regular training sessions for your team, and encourage them to spend time completing courses like PMI Kickoff that will help them to do their job better or broaden their skills.

Technical Review 346

Technical Review Software Review Estimate PMI 346

Rebel’s Guide to PM

SEPTEMBER 29, 2021

In the PMI Business Analysis Practice Standard, business analysis is defined like this: The set of activities performed to identify the business need and recommend relevant solutions; and to elicit, document, and manage requirements. The responsibilities of a BA and PM on a project. What does a business analyst do? Interpersonal skills.

Certification 405

Certification 2020 PMI 2013 405

ProjectManager.com

AUGUST 22, 2023

Project budgets are estimated by project managers and then approved by the project client or stakeholders. PMP: PMP stands for Project Management Professional, and is an internationally recognized certification offered by the Project Management Institute (PMI).

Certification 357

Certification Leadership Risk Management Budget 357

ProjectManager.com

AUGUST 23, 2023

PMI offers PMP certification, but also PRINCE2 Practitioner, though this methodology is mostly found in the UK. The Computing Technology Industry Association (CompTIA) has Project+.

Manufacturing 294

Manufacturing Construction Certification Engineering 294

Rebel’s Guide to PM

MAY 25, 2022

We have so much material about what processes to use, and yet it is estimated that 70% – and possibly as much as 81% – of project success depends on the human side of projects. The courses are all eligible for PMI PDUs which is great! Gertman et. I hope to get more project managers to take the training to build their skills.

Underperforming Technical Team 401

Underperforming Technical Team 2020 2001 PMI 401

Rebel’s Guide to PM

OCTOBER 26, 2020

LeRoy Ward, PMP , PgMP, and PMI Eric Jenett Project Management Excellence Award winner, when I asked him for his view. Work out the end date ignoring the fixed delivery date, even if you do have to crash your analysis time into a shorter period and use estimates with a greater degree of uncertainty than normal. But now what?

Telecoms 476

Telecoms 2010 Estimate Prince2 476

Rebel’s Guide to PM

DECEMBER 9, 2020

City Percentage Shanghai 78% Buenaventura 52% NEOM 39% Warsaw 39% Seattle 19% Tokyo 19% London 19% Las Vegas 19% Washington DC 19% Brisbane 19% Sydney 19% Percent of project professionals who believe they will get a pay increase of 5% of more in the next 12 months (Source: PMI; figures relate to country). They are both cannabis plants.

Infrastructure 471

Infrastructure Transportation Construction 2024 471

Project Bliss

MARCH 20, 2021

Accurately estimating project costs for bidding is important for landing the project and making it profitable. A poorly estimated bid can lead to losing the project to a competitor, or even worse, winning the bid and losing money due to unexpected costs and unaccounted overheads. Project Bidding Issues. Resource Scheduling Conflicts.

Governance 266

Governance Government Finance Software Review 266

Project Risk Coach

MAY 21, 2018

Work Breakdown Structure Dictionary – provide the detailed information about the deliverables, activities, cost estimates, and scheduling information for each item in the WBS. Subsidiary Project Plans The Project Management Institute (PMI) highlights ten Knowledge Areas. Schedule Baseline – approved version of the schedule.

Underperforming Technical Team 220

Underperforming Technical Team Planning Project Life Cycle PMI 220

Rebel’s Guide to PM

JANUARY 23, 2022

The PMI Code of Ethics and Professional Conduct included as part of the standard for Responsibility the statement: “We report any illegal or unethical conduct.” Not surprisingly for companies in the much larger United States, workplace bullying-related costs are estimated to be over $200 billion.

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Underperforming Technical Team Influencer PMI PMO 195

MPUG

APRIL 29, 2020

Please find below a transcription of the audio portion of Oliver Gildersleeve’s Analogous and Parametric Estimating Schedule Template webinar being provided by MPUG for the convenience of our members. The new schedule template covers both analogous and parametric estimating features. Oliver: Thank you Kyle.

Estimate 52

Estimate Software Review Risk Management Risk 52

ProjectManager.com

JUNE 15, 2021

There are two major certifying bodies, PRINCE2 and the Project Management Institute (PMI). Here are the main project management certifications offered by the PMI: Project Management Professional (PMP): This certifies that you’re a capable project manager who is competent in waterfall and agile project management. Resource Management.

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Certification Prince2 Monitoring PMI 441

The IIL Blog

OCTOBER 17, 2023

Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate. Continuous Improvement The ongoing effort to improve a project process, product, or service to achieve better results.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

MPUG

APRIL 3, 2022

The Project Management Institute (PMI) has gone through quite the metamorphosis over the past few years, positioning itself once again as one of the top authorities on how project management is practiced. I honestly believe PMI is heading in the right direction with this edition and I’m excited to see where it takes them in the next.

PMI 111

PMI 2021 Defining Engineering 111

NimbleWork

DECEMBER 1, 2023

Read More Lessons from the PMI Summit 2023 Reflecting on the PMI Summit, this article distills insights from engaging project managers globally. The challenges encompass scoping, estimation, planning, communication, and internal team issues, necessitating proactive solutions for successful project outcomes.

2023 84

2023 PMI Leadership PMO 84

ProjectManager.com

JANUARY 11, 2024

The Project Management Body of Knowledge (PMBoK), published by the Project Management Institute (PMI) refers to resource smoothing as “a technique that adjusts the activities of a schedule model such that the requirements for resources on the project do not exceed certain predefined resource limits.”

Monitoring 334

Monitoring Executing Software PMI 334

Project Risk Coach

APRIL 16, 2018

Estimating return on investment for projects. The Project Management Institute (PMI) has also created the new PMI-PBA (Professional in Business Analysis) certification to equip project managers with stronger business analysis skills. The PMI-PBA focuses on requirements management in the context of projects and programs.

PMI 230

PMI Certification Defining Engineering 230

Rebel’s Guide to PM

JANUARY 31, 2024

The ISO 9001 definition is very similar to APM’s, as is the definition in the PMI PMBOK ®. Make sure that you are thinking realistically about estimates and the likelihood of risk affecting your ability to deliver. You can create your own definition if you want, but “fit for purpose” works for us.

Software Review 332

Software Review Technical Review Budget Defining 332

Project Pulse Journal

OCTOBER 7, 2023

As highlighted in the Project Management Institute's (PMI's) practice guide, this approach is designed to numerically analyze the cumulative effect of individual project risks on the overall project objectives and offers insights into overall project risk exposure (PMI, 2023). Meredith & Mantel, 2009).

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Risk 2009 2023 2017 52

ProjectManager.com

AUGUST 11, 2022

It’s likely that you’ll need to sketch out these possibilities, create cost estimates and use other technical analyses. For a more detailed look at value engineering as it relates to project management, check out the Project Management Book of Knowledge (PMBOK) published by the Project Management Institute (PMI).

Engineering 323

Engineering Construction Manufacturing Software Review 323

International Institute for Learning

SEPTEMBER 8, 2022

PMI has become and continues to be the leading professional association in project management. Active or Retired Military please reach out to VPProfDevelopment@PMI-Metrolina.org for information on discounted prices. Estimating and Applying Points with Agile – How to apply, and when is it done? Earn up to 10 PDU’s.

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Underperforming Technical Team 2022 PMI Project Life Cycle 88

The IIL Blog

MAY 31, 2023

The underlying assumption that the work is well-defined, and the required effort can be easily estimated is a shortcoming of these approaches. Work packages are small enough to be estimated and assigned. MKS creates a roadmap depicting major milestones and deliverables with their estimated completion dates.

Software Review 88

Software Review PMI Estimate Monitoring 88

ProjectManager.com

NOVEMBER 19, 2021

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. The business case includes the estimated costs and benefits of the project. If it’s not, it’s abandoned.

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Process Monitoring Controlling Software Review 312