A project is defined in the PMBOK as a temporary endeavor with a beginning and an end; which creates a unique product, service or result, as you can also learn in the online PMP training. A project has five process groups and ten project management knowledge areas. Before defining the requirements management plan, which is one of […]
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4 Main Processes of Cost Management
Cost Management is a really important one among all the project management knowledge areas. There are several activities in a project, several project resources work on project activities and several materials, tool and equipment are used to complete the project scope. All these require a budget to be allocated. Because you need to purchase tools, […]
Federal Government Project Management Skills – Program Management Improvement And Accountability Act (PMIAA)
Project Management skills are essential for everyone who is working in planning, executing, and tracking projects and programs. It is a general understanding that project management skills are more important in the business sector where the primary focus is on cost savings and delivering with a higher profit margin. However, government project management skills and […]
Scope Management: Transforming The Requirements Into The Scope
Scope management is the second project management knowledge area, after project integration management. It holds a very crucial position during the project life cycle. If you want to learn more about scope management, a good quality PMP certification training will guide you through this knowledge area. Attend our 100% Online & Self-Paced One-Hour Free PMP Training. […]
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 […]