As defined in PMI Certification training, Cost Management is all about defining the necessary budget for executing the project. Its objective is to monitor and control the project costs to match the approved budget. So that’s why life cycle costing and value engineering are two important concepts in cost management. Attend our 100% Online & Self-Paced […]
Tag: Project Management
Project Management Office – Structure, Roles, Functions, and More
There are several types of organizations and industries. However, they all have a common aspect: project delivery. Organizations initiate, execute, control, and complete projects to make a profit, sustain their business, and grow. There is a brain behind the project delivery mechanism of the organizations and that department is called a Project Management Office. The […]
Project Kick Off: Let’s Get to Work!
It’s surely the most exciting time for a project manager and the whole project team: project kick off! Of course, there are many things already done until the kick off, for instance, the project initiation and also project planning process. But this is when the actual work process starts. Attend our 100% Online & Self-Paced […]
Project Schedule Delays – Causes, How to Prevent and Mitigate
“If you are in the project delivery space, the project schedule delays are inevitable.” Do you agree with this statement? Many project managers think that completing projects on time appears only in books. Well, this is not true. With project management office practices, proper project management skills, proactive risk management, and effective planning, project schedule […]
Integrated Change Control: Key To A Successful Change Management
Perform Integrated Change Control is an important process of project integration management. In a project, there will always be change requests. These changes will be evaluated by the change control board. Afterward, if the change requests are approved, they will be implemented. The changes in a project are accepted, rejected, or handled in Perform Integrated […]