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

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. Logs and registers.

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

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.

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PMI 2020 Executing Initiating 404

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). Project management knowledge areas coincide with the process groups, which are project initiation, project planning , project execution, monitoring and controlling, and project closing.

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Monitoring Risk Management Controlling Technical Review 505

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?

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PMI Certification Software Review Technical Review 36

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?

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Underperforming Technical Team PMI Risk Management Estimate 424

Rebel’s Guide to PM

MARCH 4, 2019

In this article, I’ll show you what project resource management is, set out a simple process to do it, describe the tools to help and give you tips to overcome some of the common issues. The Project Resource Management Process. Step 2: Estimate Resource Requirements. Project resource management is how you do this.

Software Review 312

Software Review PMI Prince2 Estimate 312

ProjectManager.com

AUGUST 22, 2023

Project budgets are estimated by project managers and then approved by the project client or stakeholders. Risk management is a process to identify, manage and resolve these risks, whether it’s to take advantage of a positive one or mitigate a negative one. This is done through a resource management plan.

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Certification Leadership Risk Management Budget 362

ProjectManager.com

AUGUST 23, 2023

Whatever path you choose, learning to use project management software is going to facilitate that process. PMI offers PMP certification, but also PRINCE2 Practitioner, though this methodology is mostly found in the UK. You never know who might be involved in the hiring process. Expand your network. Invest in yourself.

Manufacturing 304

Manufacturing Construction Certification Engineering 304

Rebel’s Guide to PM

JANUARY 31, 2024

The APM BOK defines project quality as: “The fitness for purpose of the degree of conformance of the outputs of a process, or the process itself to requirements.” The ISO 9001 definition is very similar to APM’s, as is the definition in the PMI PMBOK ®. Good” then becomes your success criteria or quality measures.

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Software Review Technical Review Budget Defining 332

Rebel’s Guide to PM

MAY 25, 2022

We do it as children, we do it as teenagers (often terrifying our parents in the process) and we do it as adults. Strengths-based project management is an approach to project management that focuses on the people rather than the process. The courses are all eligible for PMI PDUs which is great! People copy what they see.

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Underperforming Technical Team 2020 2001 PMI 401

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. They mapped the business processes. The responsibilities of a BA and PM on a project.

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Certification 2020 PMI 2013 405

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.

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Technical Review Software Review Estimate PMI 346

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.”

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Monitoring Executing Software PMI 344

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. process, policy, practices, perceptions, etc.) Also known as continuous process improvement.

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Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

ProjectManager.com

AUGUST 11, 2022

We’ll answer those questions and more as we explore its process and applications. This process can be broken down into five phases: information, creative, evaluation, development and presentation. It’s likely that you’ll need to sketch out these possibilities, create cost estimates and use other technical analyses.

Engineering 333

Engineering Construction Manufacturing Software Review 333

Rebel’s Guide to PM

SEPTEMBER 14, 2020

These are laid out in a research paper from PMI *. Change control or change management is the process of managing unplanned but desired influences on the project. It’s the process of ensuring changes are properly evaluated and incorporated into project plans. Your company’s process may be slightly different.

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Underperforming Technical Team 2009 Controlling Risk Management 457

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.

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Underperforming Technical Team Planning Project Life Cycle PMI 220

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.

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Governance Government Finance Software Review 266

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 442

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. Is it fair, safe?

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Underperforming Technical Team Influencer PMI PMO 195

Project Risk Coach

APRIL 16, 2018

Notice how these skills directly relate to the top reasons for failed or challenged projects: Help to ensure appropriate user and stakeholder input into the requirements process. Drive an efficient process to define and validate requirements reducing the potential for partial requirements. mapping of business processes).

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PMI Certification Defining Engineering 230

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. The newest PMBOK® Guide provides answers, but not necessarily “the answer” in the form of a solid “one-size-fits-all” process.

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PMI 2021 Defining Engineering 111

ProjectManager.com

JANUARY 26, 2022

The Legal Project Management Process. As in any project management, there is a process for legal project management. You’ll see that the process for legal project management is not that different, either. You also estimate the project budget at this time. It can be broken down into three core principles: Planning.

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Software Review Certification Risk Management Monitoring 321

Project Pulse Journal

OCTOBER 7, 2023

A methodology that not only supports the identification of risks but quantifies them, thereby supporting a quantitative risk analysis process allowing for strategic decision-making. and ensures that efforts and finances are focused where they're most needed, at the time they are needed (PMI, 2023). Meredith & Mantel, 2009).

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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. Monitoring and reporting processes are complicated and become lagging indicators. Work packages are small enough to be estimated and assigned. Done are the items that are complete.

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Software Review PMI Estimate Monitoring 88

NimbleWork

DECEMBER 1, 2023

Leadership is the catalyst that transforms project management from a structured process into a journey of inspiration and achievement. Read More Lessons from the PMI Summit 2023 Reflecting on the PMI Summit, this article distills insights from engaging project managers globally. From boosting Project success rates 2.5

2023 84

2023 PMI Leadership PMO 84

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.

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Infrastructure Transportation Construction 2020 471

The IIL Blog

JULY 12, 2023

There was a big change in the Standard as the content shifted from being focused on Process Groups to project management principles. Previous editions of the PMBOK ® Guide organized content by Knowledge Areas and processes. This section presents information on Data Gathering and Analysis Methods, Estimating Methods.

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2009 PMI 2023 2018 148

MPUG

APRIL 2, 2024

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.” In order to deliver successful projects, one needs to implement various processes and follow best practices.

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Certification PMI Logistics Construction 52

LiquidPlanner

FEBRUARY 1, 2023

Are you thinking about introducing agile processes to your project management methodology? Robust agile estimation methods can improve quality by 250%. That’s largely down to consistent use of user stories, story points and breaking down stories into tasks with hour-based estimates.

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Agile Cadence Estimate Risk Management 174

Wrike

FEBRUARY 3, 2020

Generally speaking, projects require five process groups — initiating, planning, executing, monitoring and controlling, and closing. These are known as the PMBOK (Project Management Body of Knowledge) process groups. Here’s an overview of what the process groups are and how to successfully incorporate them into your projects. .

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Process Project Life Cycle Monitoring Closing 48

MPUG

APRIL 18, 2024

This article provides an overview of the scoping process in four steps. Traditional Project Management In traditional approaches to Project Management, this means a Change Control process. Then, periodically, the team will re-assess the backlog for new ideas, overlaps, and redundant ideas, in a process called ‘backlog grooming’.

Controlling 59

Controlling PMI Governance Government 59

LiquidPlanner

JANUARY 26, 2022

In some cases, the entire project might be following a process where design, scope, cost, and time scales were fixed at the very beginning. Or it could be a first-time project where estimating how long each phase will really take is hard work. Estimate work and share the schedule. Inflexible Processes.

Manufacturing 155

Manufacturing Technical Review Estimate Project Life Cycle 155

Rebel’s Guide to PM

AUGUST 29, 2021

The PMI definition of risk is: “an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.”. It’s our job to facilitate the discussion and extract those risks so they can be actively managed: that’s the risk management process. Poor estimating. We have the solution!

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Risk Technical Review Risk Management Estimate 320

LiquidPlanner

JULY 26, 2022

PMI calls this the Project Economy, and McKinsey expects the world to see an investment of $130 trillion in infrastructure upgrades alone over the next five years. . PMI calls these ‘gymnastic’ organizations because they can pivot when needed and focus on outcomes by tailoring the process to work the way it needs to every time. .

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PMI Infrastructure Risk Management Engineering 166