Companies initiate projects for several reasons. In a medium to large size organization, several departments might be working on different projects. The Project Management Office, also known as PMO, manages the initiation, execution, and successful project delivery in an organization. However, regardless of the influence of the PMO, project cost overruns are inevitable events that […]
Project Management Institute PMI announced the PMBOK® 7th Edition exposure draft in January 2020 for the review of the project management community. PMBOK 7th Edition will be released on the 1st of August, 2021. If you are looking to get your PMP certification, PMI PMBOK is one of the most important resources while preparing for […]
The world is going through crazy and hard times. Organizations are trying to do their best to offer their products and services with a minimum interruption while people are locked down in their homes. PMI was working on alternatives to offer the PMP exam online, which is the flagship certification track of PMI as well. […]
In one of the biggest project management knowledge areas or in other words, in the project integration management, there are six processes. The first one is “develop project charter process” and as the name suggests, it aims to produce the project charter. It includes high-level project information. Developing the project charter process is the first part of project integration […]
To understand how the project life cycle works first, you have to be aware that a project has a complex structure that consists of knowledge areas and process groups. As the PMP training also explains, there are ten project management knowledge areas and five process groups. There is a strong correlation between them because every […]