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 ®. Consider adding contingency time to the schedule if your project is unusual or innovative (for your organization). Work out the cost for the quality requirements. Tip: Avoid scope creep!
International Institute for Learning
SEPTEMBER 8, 2022
PMI has become and continues to be the leading professional association in project management. The goal of the Metrolina chapter is to advance the mission and objectives of the Project Management Institute. Active or Retired Military please reach out to VPProfDevelopment@PMI-Metrolina.org for information on discounted prices.
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The Lazy Project Manager
NOVEMBER 20, 2015
And perhaps: ‘We figure it’s more profitable to have 50% overruns than to spend 15% on project management to prevent them.’. And I am sure you have come across the classic: ‘Project management is too expensive… on top of the all the rest of the project costs’.
Project Pulse Journal
MARCH 7, 2024
Through the optimization of processes, resources, and innovative methodologies, organizations bolster their competitive edge, positioning themselves for long-term viability amidst dynamic market landscapes. Efficiency and effectiveness are also measures of value creation. Value creation out of talent is not new.
The IIL Blog
OCTOBER 17, 2023
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. Also known as continuous process improvement. it is finite).
International Institute for Learning
DECEMBER 7, 2022
As technology increases within the next two decades, AI is expected to replace humans in many of the simple and mundane tasks that are part of project and program management activities (Grace et al., On projects related to R&D, innovation, and new product development, limited information may exist for reliable AI predictions.
Rebel’s Guide to PM
JULY 24, 2023
A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets. What is a ROM estimate?
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