There are many financial terms in Project Management. They are mostly related to project selection methods and especially to the most common approach for project selection which is the economic model. If you know these financial terms well as a project manager, you will be more confident about choosing the right project. Because these financial […]
4 Types of Relative Measures of Dispersion for Six Sigma
The Six Sigma approach is data-driven. Therefore, Six Sigma practitioners who have got the Lean Six Sigma training or another Lean Six Sigma Green Belt course will know that Six Sigma teams are confronted with many different types of data in different units of measure. Relative measures of dispersion are measures of the variance of […]
How To Get PMP Certification Guide – 5 Steps to Get PMP!
Are you a project manager? Or, aspiring to grow in the project management profession? Then, you definitely need PMP! If you are wondering about how to pass the PMP exam on your first attempt, you are at the right place! However, before we answer your question about how to get PMP credentials, let us see […]
Direct and Manage Project Work Process: How to Ace in Project Execution?
As defined in the CAPM certification training, the project has many processes, which comes one after another. After develop project management plan process, the project plan is approved and project kick off meeting is held. So now the project execution phase can start! Direct and Manage project work process belongs to project integration management knowledge area. It […]
IT Service Providers: Are You On Top of the ITIL Demand Management Process?
ITIL Service management and ITIL demand management go hand in hand. Proper IT service management as discussed in the ITIL course, can’t be performed if ITIL demand management is not taken into account. Insufficient ITIL demand management can affect the quality of the service, create a barrier for new customers to use your service or it […]