Monday, 29 August 2016


What really happens inside project management? How do project managers spend their time at work? What kind of tools are used, and how are they used in project management? These are some of the questions you should consider before signing up for a PMP training course

Unlike other management areas, project management follows specific methodologies with their own defined set of standards. Each project methodology has its own way of dealing with resources and business requirements. A project manager must master these methodologies in order to deliver value to the project. 

The most commonly adopted project methodologies include Waterfall, Scrum, and Agile. Agile is becoming the most commonly used project management methodology due to its cost-effectiveness and ability to achieve project milestones using minimal resources. 

Project Management Tools and Software Frequently Used

Project management methodologies and tools/software are two different things. Many candidates signing up for PMP course mix up methodologies and software, which results in poor performance on the exam. 

Project Management Training
Project Management Training

Project managers have many project management tools at their disposal. Project management software helps project managers take stock of all available resources, assign them to specific projects, link milestones to team efforts and monitor the progress. The dashboard of project management software provides the project manager with necessary information like work reports, defects, tests, issues, and changes made. 

Project Management is More than just Managing Projects

Almost anyone can manage a project, but only very few will earn their PMI PMP® certification.  In fact, research done by Wrike found that out of 1,464 workers, 94% were actively involved in project management. However, only 47% of the workforce actually hold a valid PMP certification.  A lack of proper training and expertise in project management often costs businesses in terms of the project budget, schedule, and the ability to meet the project’s requirements. 

Project management has evolved into a domain where managers have to keep up with rapid changes. For instance, in the future, project managers will have to rely more on remote project teams. In fact, more than 40% of the workforce in an organization is estimated to be freelancers, independent contractors, or temporary employees. Project managers have to increasingly become skilled at managing a remote workforce to achieve project goals. 

Likewise, in the future, from project meetings to employee onboarding, most  project activities will take place virtually. Room meetings will decline in number as virtual conferences and digital workplaces will take precedence. 

Project management demands that a manager is able to multi-task. Project managers must be professionals who can constantly evolve and adapt to changing scenarios. Digitally equipped workplaces and staff working remotely or from remote areas are changing the conventional ways of working on a project, which is seen as an increasing trend that is likely to become the future of project management. 


EduMind Management at 05:03

          


Friday, 26 August 2016


PMP Exam Review

For most project managers, getting PMP certified is regarded as an asset that can enhance their credentials and take their career to greater heights. However, despite the vast advantage they stand to gain, on further contemplation, the extent of investment that is required tends to hold them back. How do you get around this situation? The only way you can achieve what you want without shelling out money from your pockets is by acquiring company sponsorship

Here’s a step-by-step guide through which you can get your employer to cover your PMP certification expenses:

Step 1: Speak their language

The first question you’ll be asked by your employer is why. To answer this question, you need to be precise. This means that you’ll have to understand the cost involved, advantages and the returns the company stands to gain from the investment.

Step 2: Understanding the benefits

A PMP certification will indeed improve your marketability and skills, but at the same time, the organization you work for also gets a large share of the pie.

Step 3: Keep the costs to a  minimum

No matter how fruitful your proposal may seem, a hefty bill is bound to get them thinking twice. Be careful when choosing a PMP exam review course. You can also opt for a PMI membership, which can lower your PMP exam registration fee.

Step 4: Drafting a business proposal

Once you have a clear picture of the facts in mind, you need to project your idea to your employer in the right way. Think like a business pro and not like a school student preparing a scholarship application.

Step 5: Seal the final impression

Most major organizations, however, will call you for a face-to-face meeting regarding the proposal. Remain confident, and stay firm and true to what you've stated in your business proposal.

With these simple steps, you can be assured of becoming PMP certified without bearing the costs alone.

EduMind Management at 07:12

          


Friday, 19 August 2016


Effectively managing projects is an important element to the overall success of an organization.
Organizations that acquire talented and skilled project managers have a higher overall success rate when it comes to completing projects. Training is a key element to success, and here are some reasons why. 
Online PMP Training

Helps with meeting deadlines

A Harvard Business Review report has found that one out of every six projects has a cost overrun of at least 200%. The report further stresses that these projects have a schedule over run of approximately 70%. 

These shocking statistics show how poorly projects are run globally by non-qualified project managers. Trained project managers are able to set reasonable deadlines to achieve realistic goals. Attending an Online PMP training course will help project managers learn the standards set forth by the PMBOK. 

Improves resource allocation skills

A project manager should be able to make the best use of the resources that are available. In some cases, the ideal set of resources may not be available at all. In such circumstances, project managers must put into practice their resource allocation skills acquired through training in order to complete the project. 

Sharpens project documentation skills

On any given day, a project manager will sort through several project documents that need to go to stakeholders. The most commonly used project documents include: 

Business case
Project management plan
Project charter
Statement of work
Risk register
Status reports
Project budget vs actuals 

Each document has its own purpose and content. Preparing the documentation itself is a task that requires caution and attention. A project manager who has completed online PMP training will be able to complete the documentation part without any common mistakes. 

Provides knowledge to use tools and resources 

Information Systems and project management go hand in hand. In most business scenarios, the project manager will use Information Systems and reports generated by it to monitor the progress of multiple projects. 

An online PMP prep course helps the project manager to become:

Well versed in Information Systems commonly used in project management
An expert in generating and archiving reports related to each project
Skilled in monitoring several metrics as provided by the Information Systems

Encourages proactive decision making 

It is estimated that for every 100 projects, 94 projects are restarted due to poor planning and allocation of resources. Unqualified project managers who lack experience fail to have a long-term vision for project implementation, which causes delays in projects.  

Organizations that provide online PMP training for their employees find themselves among the top 80% of high performing businesses. They are able to achieve 3.5 times better project results than those organizations without PMP training. 

EduMind Management at 08:49

          


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