A project has a beginning and an end, as seen in the CAPM training. There are five process groups in the project life cycle: project initiation process group, project planning process group, project executing process group, project monitoring and control process group, and the last one is, project closing process group. During this whole project […]
There are five different project management process groups. These five groups consist of five different steps in project management. Each project management process group helps to begin, execute, and finish the project as required. Every project management process group defines the timing, the inputs and the outputs of a project. One project management process group comes […]
Cost Management is one of the 10 project management knowledge areas and it involves necessary processes to finish the project within the approved budget. Its aim is described in PMP courses as “to define the necessary budget to execute the project and its aim is to monitor and control the project costs to match the approved […]
When a project is ongoing, you must monitor the health of the project whether the project is on budget, on time and quality requirements are met. Earned value management and earned value formula technique are some of the ways to analyze actual results vs planned values. We will go over these concepts in detail in […]
In today’s data-driven world, understanding emerging technologies is crucial for tech-savvy professionals seeking to stay ahead of the curve. While you possess the technical prowess, have you considered how project management expertise can unlock the true potential of cutting-edge tools like graph technology? Enter the surprising connection between PMP prep courses and harnessing the power […]