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 […]
If you were quite interested in quality management or Six Sigma projects previously, you should have heard about Lean Management or Lean Six Sigma. But what is Lean Management? It was started by Taiichi Ohno at Toyota. It is also known as the Toyota Production System: Lean Management derives its methodology from the Toyota Production […]
Projects are initiated for many different reasons. Creating a new product, legal requirements, customer requests, and technological advancements, just to name a few. No matter what the reason is, project management success is crucial for an organization to survive in the market. Applying best project management practices ensures completing projects on time and on budget. […]
In many organizations, project managers or the project management team is responsible for the project’s success. Project Management Office assigns PMs, creates processes, documents, and governance for project management. While there are several stakeholders and roles that can affect project delivery, project management roles are considered as the main accountable for project success in many […]
Collect requirements process is the second process of scope management knowledge area. In order to define the scope, the requirements of the stakeholders must be collected first. The main purpose of the collect requirements process is gathering stakeholder requirements in a project. Attend our 100% Online & Self-Paced One-Hour Free PMP Training. Before going into […]