Friday, 20 October 2017


Introduction

A project management office (PMO) can be broadly defined as a management structure that standardizes project-related tasks within an organization. A PMO facilitates the sharing of resources, methodologies, tools, and techniques among the projects under their guidance or control. For those who are preparing for the CAPM® exam, an understanding of the need for, formation of, and duties of a PMO is essential. 


Duties of a PMO 

Some of the duties and responsibilities of PMOs include the following: 
  • Set standards for how projects are run
  • Ensure project management standards are followed
  • Gather project data 
  • Produce required information for management review
  • Guide and advise project managers
  • Manage and facilitate the portfolio management process
PMO Roles

· Supportive: These PMOs play a consultative role to projects and assist the project managers by providing templates, updated best practices of project management, training as per requirements, access to available information, and lessons learned from earlier or similar projects. The degree of power and control for these PMOs is considered low. When a PMO’s power is low, project managers have full power to manage projects. 

· Controlling: The PMOs under this category, apart from providing support to projects as is done in in the supportive role, also seek compliance from project managers on the templates, methodologies, tools, and techniques provided to them. This form of PMO has a little more power than supportive PMOs and can be categorized as having moderate power. In this category, the project manager also has moderate power. 

· Directive: Directive PMOs have complete control of the projects, which includes organizing and managing the projects. In this role, the PMO acts as a direct liaison for the organization's portfolios, programs, and projects. In this category, the project managers have little or no power in decision making. The importance of a directive PMO is thoroughly discussed in our CAPM exam review course.

Need for a PMO

The parameters involved in the project management function include people, technology, communication, and resources. Unless these functions are governed judiciously, the project management function by senior management can be risky, and therefore, the use of a PMO can be beneficial. Our CAPM exam review course fully recaps the importance of and functions of a PMO.



EduMind Admin at 05:13

          


Wednesday, 01 March 2017


Project management is classified as a set of techniques, tools, and skills that are applied to achieve a specific project goal. Every project is under a time constraint, regardless of the size. If the speculated time for the project lapses before the project is complete, the purpose of the project is defeated. Since every project is on a deadline, it is important to be extremely conscious of time to effectively complete the project.

One on One PMP Tutoring
One on One PMP Tutoring

Why is Time Management Important to Project Management?

Time management is the deliberate act of knowing, tracking, and keeping time. The importance of
time management cannot be overemphasized. When the true value of time is recognized, it immensely helps with the proper allocation of tasks to be completed for a project.

Here’s how time management can guarantee a smooth workflow:

1. Helps in the setting of priorities
2. Ensures that careful, deliberate steps are taken towards achieving a set of goals
3. Reduces wasting time and energy and leads to more productivity
4. Assists individuals pay close attention to deadlines

Despite being the most important aspect of project management, time management is often neglected. Individuals tend to pay more attention to the deadline of a project rather than proper allocation of time. Overlooking any part of a project can have overall detrimental effects. Proper time management ensures that project is not just completed, but that it is successfully completed.

Things to Consider for Effective Time Management

Enrolling for a PMP review course or One-on-One PMP tutoring sessions will teach multiple methods to effectively manage time in a project.  Following are tips for proper time management:

1. Decide what goals are to be achieved.
2. A list of tasks should be created after goal determination. The important and most pressing requirements should be highlighted on the list.
3. Measures should be taken to ensure that the highlighted tasks are performed first.
4. Consistent monitoring must be undertaken to ensure that all tasks are performed in accordance with the planned schedule.

If one wishes to enhance their project management skills, One-on-One PMP tutoring can be of great tool for learning the ropes of effective time management.

EduMind Admin at 02:30

          


Tuesday, 28 February 2017


PMP Ondemand review courses are becoming more popular.  PMP Ondemand review courses offer individuals many great features when preparing for the PMP exam.

One of the features of a PMP Ondemand Course is that students can access the course material at any time.  Traditional onsite review courses require students to rearrange their work schedule so that that they can attend the course.  An Ondemand course doesn’t require students to rearrange work schedules or take time off. 

PMP On Demand Training



 Prepare at Your Own Pace.

Ondemand allows you to study at your own pace and when it is convenient for you. Each Knowledge area is broken down into small pieces which allow students to absorb the information in smaller bites.  This is more effective as studies show that most people can only stayed focus for around 30 minutes before their mind begins to wonder. 

 Spend More Time Studying

The PMP ondemand review courses eliminate the need for traveling to and from an onsite training location.  This allows student to spend more time studying, without worrying about having to commute back and forth.  The Ondemand option also allows students to study on the go as you can access the material anytime and anywhere.  This option is the perfect choice for people who want to study at their own pace and when it is convenient for them.



EduMind Admin at 04:07

          


Friday, 17 February 2017


As global demand for project managers continues to grow at a rampant pace, it is essential for a candidate to know the industries that are offering the best options for project managers.

We have compiled a list of 5 high-paying industries that are growing in their project management job opportunities.

Onsite PMP Training
Onsite PMP Training


AEROSPACE & DEFENSE

Aerospace manufacturing hubs across the globe are increasingly embracing project management business processes to achieve project goals. Project managers are in high demand and are required to:
Identify key tasks
Devise strategic goals 
Monitor progress to achieve milestones

With complex and stringent regulations followed in the aerospace industry, a qualified project manager is a necessity. 

ENGINEERING

In the engineering industry, more than 75% of projects have schedule overruns, 55% have budget overruns and 37% fail to meet the goals. The primary reason attributed to these pitfalls is a short supply of project managers with professional training and experience. Project managers who are PMP certified can revive the industry by adding professional experience to projects.  

INFORMATION TECHNOLOGY

Project management as a discipline has seen rapid growth and development in information technology. In fact, major IT corporations are now providing PMP onsite bootcamp training in order to help retain their employees and meet the increasing need for project managers. The need for qualified project managers has increased by 20% in recent years in the IT industry. 

FINANCE

Project managers with risk identification and management skills are in high demand. From handling mergers and acquisitions to monitoring stock underwritings, project managers will become key decision makers in banking, financial services and insurance. 

HEALTHCARE

The healthcare market is growing at a steady pace of 10-15% and is becoming one of the major sources of project management activity. 

MEDIAN SALARY


The median salary of these industries is depicted  below.




All of these stats and discussions lead to one conclusion: Aerospace, Engineering, IT, Finance and Healthcare industries are set for  growth, which project managers can tap into for fulfilling employment. 



EduMind Admin at 07:09

          


Monday, 06 February 2017


While we bring forth the most common answers, to the most important questions, your PMP coach has better
Knowledge about every individual’s strengths and weaknesses and can offer precise solutions.

How can I handle the long scenario-based questions in the PMP exam?

Read the last sentence first as often times that are enough to answer the question and you avoid the fluff and distractions.  Incorporate these strategies while preparing for the PMP® exam.



How can I best manage my time during the actual exam?
• Put an answer for every questions
• Answer the easy questions first, marking the more difficult questions for review
• Mark the questions that need to be reviewed at the end of the exam.

Discuss the following with your PMP coach to learn other ways to be successful on the PMP® exam.

How can I effectively cover the entire course content with a plan?
• Reading and obtaining information through a study guide
• Audio or visual aids or classes through media players
• Group study with other students or instructors in person or online
• Mentor or coaching institute through regular classes or online sessions

How many times should I take practice tests and what scores should I aim for?

Track your progress by recording your score on each practice test your PMP coach to track progress through every test and to assess the quality of mock tests.

PMP exam prep requires a lot of time and effort to achieve the desired results. A PMP coach plays a significant role in preparing the student to take on the challenge.


EduMind Admin at 23:47

          


Wednesday, 04 January 2017


In the corporate world, growth is the only constant. Organizations are continually working towards developing their skill set to match the dynamic demands of the business landscape.
 As a part of the initiatives taken towards the growth of employees, several corporate companies are now offering the exclusive corporate PMP onlinetraining course to their workforce. The online course leverages the ubiquity of Internet to cross all geographical boundaries and unite employees through world-class training.
Here is a set of easy tips that can help crack the PMP corporate training.

Corporate PMP Training
Corporate PMP Training

Start with the right and relevant information
In order to ace the PMP exam, one must gather sufficient information regarding the subjects to be covered, time demands of the course, the fees involved, the scope of the exam in their relevant field of work and finally evaluate how appearing for the PMP exam can elevate their career. No matter how experienced an individual is, PMP prep is important and one must be willing to dedicate sufficient time and effort to clear the exam.

Choose the right training center for the PMP course
Not all training centers offering corporate PMP online training course are made the same. Therefore the first step would be to figure out which center to choose. Check for some important factors like reputation of the center, experience in the industry and competency of instructors. The chosen center must be able to tailor the schedule of the course and perfectly match it with the organization’s needs.  

Balance out the time appropriately
Once you have enrolled for an online course, plan your schedule to accommodate your work responsibilities, personal commitments, PMP preparation and practice sessions. Ensure you have well-defined time slots for each activity and without overlaps. The online course will cut out the need to travel to faraway places for PMP prep and students can use this time to engage in further intense learning.

Take up sufficient number of practice sessions
Practice sessions of PMP help to familiarize with the kind of questions, the approach to be applied for each type and the time required in resolving them. Practice sessions boost the confidence level of the students and make the PMP platform a much known place to work with.

Ask questions to your trainer
Reputed training centers that offer corporate PMP online training course are home to a team of skilled trainers who can help catalyze one’s PMP preparation. Talk to the trainer to have all queries addressed then and there. Learn a tip or two about time management, efficient preparation and subject-based topics too.
PMP can be a game changing move in one’s career. With these simple yet effective steps in place, cracking the exam can be easier and efficient.



EduMind Admin at 01:35

          


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