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Top 20 Trending Technologies in 2021
Top 20 Trending Technologies in 2021
Introduction
The 21st century, a century of technological change. In the early 2000s, some of the highly commercial and fashionable technologies disappeared altogether, and new technologies gained their place. In 2021, a number of entirely new technologies emerged, especially in the fields of computer science and engineering. Due to the outbreak of COVID19, more changes have taken place this year, making IT professionals aware that their roles will no longer be the same. In the contactless world of tomorrow. IT professionals in 2021 will continue to learn, forget and relearn out of necessity, if not hope. In 2021, these new technologies have the potential to grow and possibly reach the general public.
Here is the list of Top 20 Trending Technologies in 2021:
1. Artificial Intelligence and Machine Learning
2. Data Science
3. Full Stack Development
4. Robotic Process Automation
5. Edge Computing
6. Virtual Reality and Augmented Reality
7. Blockchain
8. 5G
9. Cyber Security
10. Quantum Computing
11. Internet of Things
12. Big Data Analytics
13. Human Augmentation
14. Everything-as-a-Service(XaaS)
15. DevSecOps
16. Predictive & Personalised Medicine
17. Voice Search Technology
18. Drones and Unmanned Vehicles
19. Mass personalization and Micro-Moments.
20. Genomics and Gene Editing
1. Artificial Intelligence and Machine Learning - A strong AI implementation will promote performance, scalability, and reliability, while providing a full return on investment. But artificial intelligence projects often face certain problems, which is a challenge for most organizations. But there are new solutions to solve these problems. Machine learning represents a field of computing in which algorithms can predict future data based on previously generated data. Artificial intelligence represents the next step in machine learning, in which algorithms develop database intelligence and can even perform basic tasks on their own.
In areas such as retail and e-commerce, machine learning is an important part of improving user experience. The product recommendations you see on such sites are usually the result of a machine learning algorithm that analyzes your previous searches and recommends similar products. In the field of healthcare, machine learning can help analyze data and provide doctors with treatment information. Although AI helps us every day, considering its potential, it will still be a new technology in 2021.
2. Data Science - In the 2020s, data analysis is likely to blow up more than ever. With computational technology growing at a more excellent pace than ever, the data analysis capabilities in people’s hands are likely to increase. Newer, faster data analysis algorithms and methods are likely to come up and be put into practice.
The benefit of having a career in data science, regardless of the domain your company works in, is that you are an essential part of the firm’s overall business. The data that you produce and the interpretations that you provide are likely to be a necessary part of the business strategy of any company that you serve. No matter what field your company works in, the advantage of a data science career is that you are an important part of the company's overall business. The data you generate and the explanations you provide can be a necessary part of the business strategy of any business you serve.
3. Full Stack Development - The 21st century began with the rise of .com and the Internet, a relatively new phenomenon that is spreading to households all over the world. In those days, websites were nothing more than simple web pages, and web development was not as complex as it is today.
Today, Web development involves front-end and back-end. Especially for service-related fields such as retail and e-commerce, the website includes the client side (the website you view) and the server side (the website controlled by the business).
Usually the task of a web developer is to deal with the client or server side of the website. However, as a full-stack developer, you and your company have the flexibility to work at both ends of the web development spectrum. Clients or front-end generally need to understand packages like HTML, CSS, and Bootstrap. The server side requires knowledge of PHP, ASP and C ++.
4. Robotic Process Automation - Robotic process automation is more than just robots. Compared to anything else, process automation is more important. Before the advent of computers, most processes involved some human intervention. Humans even operate manufacturing machines, and large-scale manufacturing employs thousands of people.
However, since computers have taken over most of the processes, the manufacturing industry has not been affected. All fields, be it manufacturing or information technology, now involve some automation in their processes. The amount of human intervention in these processes will only decrease, and this trend may continue for the foreseeable future.
These processes can mean anything, from automated email responses to automated data analysis and automated processing and approval of financial transactions. Robotic process automation speeds up tasks for ordinary consumers by automatically performing such approvals based on certain conditions entered by programmers.
In industries such as financial services, robotic process automation can reduce the lean time for online approval of financial transactions. It improves the productivity of the entire company and its customers.
5. Edge Computing - Edge computing has great applications in IoT devices. When it comes to the Internet of Things, the physical devices that you need to control with your smartphone don't need to access data in centralized repositories that can be located thousands of miles away. Instead, the data should be as close to the device as possible.
Edge computing enables data to be processed at the "edge" of the cloud and devices so commands can be completed in less time.
The next step after cloud computing is edge computing. This is another trending technology emerging in 2021, very similar to cloud computing, except that the data is not stored in a centralized repository. In areas where network access is difficult or impossible, cloud computing is challenging because you can no longer access the repository where the data is stored. The role of edge computing is to transmit data closer to where it needs to be used.
6. Virtual Reality and Augmented Reality - Innovative technologies provide more immersive experiences, such as AR and VR. Virtual reality immerses users in a simulated environment, and augmented reality is a superposition of technologies in the real world. Cisco predicts that by 2022, ARVR traffic in all entertainment sectors worldwide will increase 12 times.
Nowadays, virtual reality work does not require a lot of training. Simple programming skills should be enough to find a job, as well as interest in the field and the power of visualization. With millions of virtual reality devices sold around the world every year, it is only a matter of time before we see that virtual reality and augmented reality take over our daily lives.
7. Blockchain - Thanks to the security provided by the blockchain, this data can be shared seamlessly between all parties. Another application of blockchain is maintaining the integrity of the payment system. Blockchain-based payment systems are currently highly immune to external attacks and theft. Blockchain can also be used to track the status of products in the supply chain in real time. In recent years, you may have heard of blockchain, primarily in the context of cryptocurrency. However, blockchain has evolved to have several different applications. The important part of the blockchain is that it is never completely controlled by a single entity, because it is driven by total consensus. It will never change the data you store on the blockchain, which is widely used for sharing medical data in the healthcare industry.
8. 5G - 5G technology is the next generation of cellular networks and services. It is expected to provide at least a 20GBPS downlink and a 10GBPS uplink, making the 5G network at least 40 times faster than current 4G LTE. This will open the door to new services, network operations and customer experience for telecom operators. Currently, the market is led by
Switzerland, followed by South Korea and the United States.
When 5G technology is still in the development stage, there are few 5G jobs, and most jobs are assigned to employees within the company. However, in recent months, the company has begun recruiting network engineers to specialize in work related to its 5G network.
As 5G technology becomes more and more popular, there have been efforts among networks to purchase spectrum and deploy the technology first. This has led to the need for more labor to focus on the development and launch of 5G networks.
9. Cyber Security - With so many organizations undergoing a tremendous digital transformation, awareness of upcoming cyberattacks continues to rise, not only for large organizations, but also for small businesses.
Now, cyber security is nothing new, but its trend definitely is!
-
Virtual Distributed Network (VDN) is a unique network security method in which signals are transmitted in the form of short pulses or quantum data packets and cannot be secretly read without destroying their content. Basically no one can intercept the data sent to them without introducing some noise.
- Blockchain cyber security is a more modular and responsive security method through centralized orchestration and distributed execution.
10. Quantum Computing - The next noteworthy technology trend is quantum computing, which is a form of computing that uses quantum phenomena such as superposition and quantum entanglement. This surprising technological trend also involves the prevention of the spread of the coronavirus and the development of potential vaccines, thanks to its ability to easily query, monitor, analyze and process data, regardless of the source of the data. Another application area of quantum computing in banking and finance, credit risk management, high-frequency trading and fraud detection.
11. Internet of Things - Another promising new technology trend is the Internet of Things. Many "things" are now being built to connect to WiFi, which means they can connect to the Internet and connect to each other. Therefore, the Internet of Things or the Internet of Things. The Internet of Things is the future. It has enabled devices, household appliances, automobiles, etc. to connect and exchange data via the Internet.
12. Big Data Analytics - Big data analytics has been in the market for a long time. More and more companies are adopting it to go beyond traditional data storage and processing methods.
Big data analytics also provides us with interesting trends. For example, decision intelligence provides a framework to help data engineers design, model, execute, and monitor decision models and processes in the context of business outcomes and behaviors. In fact, by 2023, more than 33% of large organizations will allow analysts to practice decision intelligence.
13. Human Augmentation - Humans have constantly tried to use technology to improve the lives they know. This curiosity has now entered another field: human enhancement, which basically means that with the help of technologies such as artificial intelligence and the Internet of Things, we can not only improve our daily lives, but also human intelligence can be elevated. to a new level.
Today, these studies are committed to helping the disabled through bionics and artificial limb enhancement, and treating disease through genetic testing. But the promise is to end the existing physical disability or prevent the injury entirely.
14. Everything-as-a-Service(XaaS) - Everything-as-a-Service (XaaS) is a cloud computing term that refers to various services and applications that appear for users to access on-demand through the Internet instead of using local media. It gives you the flexibility to customize your computing environment to create the experience you want, everything on demand. XaaS has been expanded to include many services, such as:
-
FunctionasaService
- ITasaService
- Infrastructure as a Service
- Security-as-a-Service
- Database-as-a-Service
As these applications become more portable, the calculation cycle is easier to obtain in real time, and the data integration platform simplifies the connection and provider form cross-platform Alliance, this may soon start to look more like Omnicloud.
15. DevSecOps - DevSecOps is short for Development, Security, and Operations. Their goal is to implement security at the same scale and speed as development and operations, not just for them. With the widespread adoption of microservices, DevSecOps appears to have entered our DevOps market more deeply.
This is not all. An operating model anywhere is critical for companies to successfully differentiate themselves from today's economy. Essentially, this operating model allows services to be accessed, delivered, and activated anywhere. This format is now exploring other aspects of the technology, such as GitOps, DataOps, and NoOps.
16. Predictive & Personalised Medicine - Technology is pushing medical care forward at an expanding rate: the potential to receive data about the lifestyle from smartwatches (like Apple Watch, Fitbit etc.) provides medical professionals with the ability to forecast and even treat possible health problems before a patient even has any symptoms. This means that the medical status of each customer will be tracked and considered by insurance companies only when the risks associated with their lifestyle and habits are determined. When it comes to treating these patients, this technology trend will help doctors prescribe more personalized medicine, often referred to as predictive medicine. The info-driven understanding of how useful some treatments are for people will boost the healthcare market in 2021. This is the top trending technology in 2021
17. Voice Search Technology - The Voice Search allows users to speak into a device rather than typing keywords for a search query to generate results. This technology trend uses speech identification to understand what a user is saying with high accuracy and then delivers the result through voice to the user.
For a long time, voice search technology has been in the tech market, software like speech-to-text and voice dialing are some excellent examples of voice search and as we have discussed above, devices like Amazon Echo use voice search as their main functionality and due to these extensive features, this technology trend improves the user experience to the fullest – and because of this, by the year 2020, 50% of all online searches will be made through voice search technology.
18. Drones and Unmanned Vehicles - This is the top trending technology in 2021 and will be top trending technology in upcoming years. These aircraft, manned either remotely or autonomously, have changed the face of military operations - but the impact doesn’t stop there: Search and Rescue missions, firefighting, law enforcement and transportation will all be transformed by drone technology - get ready for passenger drones (drone taxis) too!
19. Mass Personalization and Micro-moments - Mass-personalization is the ability to offer highly personalized products or services on a mass scale; while the term "micro-moments" essentially means to respond to customer needs at the exact right time – both are made possible by technologies such as AI, Big Data and analytics.
20. Genomics and Gene Editing - Genomics and gene editing are the top trending technologies in 2021. Advancements in computing and analytics have driven incredible leaps in our understanding of the human genome and now we’re trying to change the genetic structure of living organisms (for example, to “correct” DNA mutations that can lead to cancer).
Conclusion:
The global economy will resurface in 2021 and new technologies will almost certainly drive this trend. The major tech trends mentioned above may take over our daily lives for years to come. Work related to these technologies and skills will be very valuable. In the long run, getting an education related to them will definitely help you a lot in your career. Choosing and mastering the right new technology in 2021 will help you face the future.
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
For more information about our professional certification training courses Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Read More
Top 20 Trending Technologies in 2021
Introduction
The 21st century, a century of technological change. In the early 2000s, some of the highly commercial and fashionable technologies disappeared altogether, and new technologies gained their place. In 2021, a number of entirely new technologies emerged, especially in the fields of computer science and engineering. Due to the outbreak of COVID19, more changes have taken place this year, making IT professionals aware that their roles will no longer be the same. In the contactless world of tomorrow. IT professionals in 2021 will continue to learn, forget and relearn out of necessity, if not hope. In 2021, these new technologies have the potential to grow and possibly reach the general public.
Here is the list of Top 20 Trending Technologies in 2021:
1. Artificial Intelligence and Machine Learning
2. Data Science
3. Full Stack Development
4. Robotic Process Automation
5. Edge Computing
6. Virtual Reality and Augmented Reality
7. Blockchain
8. 5G
9. Cyber Security
10. Quantum Computing
11. Internet of Things
12. Big Data Analytics
13. Human Augmentation
14. Everything-as-a-Service(XaaS)
15. DevSecOps
16. Predictive & Personalised Medicine
17. Voice Search Technology
18. Drones and Unmanned Vehicles
19. Mass personalization and Micro-Moments.
20. Genomics and Gene Editing
1. Artificial Intelligence and Machine Learning - A strong AI implementation will promote performance, scalability, and reliability, while providing a full return on investment. But artificial intelligence projects often face certain problems, which is a challenge for most organizations. But there are new solutions to solve these problems. Machine learning represents a field of computing in which algorithms can predict future data based on previously generated data. Artificial intelligence represents the next step in machine learning, in which algorithms develop database intelligence and can even perform basic tasks on their own.
In areas such as retail and e-commerce, machine learning is an important part of improving user experience. The product recommendations you see on such sites are usually the result of a machine learning algorithm that analyzes your previous searches and recommends similar products. In the field of healthcare, machine learning can help analyze data and provide doctors with treatment information. Although AI helps us every day, considering its potential, it will still be a new technology in 2021.
2. Data Science - In the 2020s, data analysis is likely to blow up more than ever. With computational technology growing at a more excellent pace than ever, the data analysis capabilities in people’s hands are likely to increase. Newer, faster data analysis algorithms and methods are likely to come up and be put into practice.
The benefit of having a career in data science, regardless of the domain your company works in, is that you are an essential part of the firm’s overall business. The data that you produce and the interpretations that you provide are likely to be a necessary part of the business strategy of any company that you serve. No matter what field your company works in, the advantage of a data science career is that you are an important part of the company's overall business. The data you generate and the explanations you provide can be a necessary part of the business strategy of any business you serve.
3. Full Stack Development - The 21st century began with the rise of .com and the Internet, a relatively new phenomenon that is spreading to households all over the world. In those days, websites were nothing more than simple web pages, and web development was not as complex as it is today.
Today, Web development involves front-end and back-end. Especially for service-related fields such as retail and e-commerce, the website includes the client side (the website you view) and the server side (the website controlled by the business).
Usually the task of a web developer is to deal with the client or server side of the website. However, as a full-stack developer, you and your company have the flexibility to work at both ends of the web development spectrum. Clients or front-end generally need to understand packages like HTML, CSS, and Bootstrap. The server side requires knowledge of PHP, ASP and C ++.
4. Robotic Process Automation - Robotic process automation is more than just robots. Compared to anything else, process automation is more important. Before the advent of computers, most processes involved some human intervention. Humans even operate manufacturing machines, and large-scale manufacturing employs thousands of people.
However, since computers have taken over most of the processes, the manufacturing industry has not been affected. All fields, be it manufacturing or information technology, now involve some automation in their processes. The amount of human intervention in these processes will only decrease, and this trend may continue for the foreseeable future.
These processes can mean anything, from automated email responses to automated data analysis and automated processing and approval of financial transactions. Robotic process automation speeds up tasks for ordinary consumers by automatically performing such approvals based on certain conditions entered by programmers.
In industries such as financial services, robotic process automation can reduce the lean time for online approval of financial transactions. It improves the productivity of the entire company and its customers.
5. Edge Computing - Edge computing has great applications in IoT devices. When it comes to the Internet of Things, the physical devices that you need to control with your smartphone don't need to access data in centralized repositories that can be located thousands of miles away. Instead, the data should be as close to the device as possible.
Edge computing enables data to be processed at the "edge" of the cloud and devices so commands can be completed in less time.
The next step after cloud computing is edge computing. This is another trending technology emerging in 2021, very similar to cloud computing, except that the data is not stored in a centralized repository. In areas where network access is difficult or impossible, cloud computing is challenging because you can no longer access the repository where the data is stored. The role of edge computing is to transmit data closer to where it needs to be used.
6. Virtual Reality and Augmented Reality - Innovative technologies provide more immersive experiences, such as AR and VR. Virtual reality immerses users in a simulated environment, and augmented reality is a superposition of technologies in the real world. Cisco predicts that by 2022, ARVR traffic in all entertainment sectors worldwide will increase 12 times.
Nowadays, virtual reality work does not require a lot of training. Simple programming skills should be enough to find a job, as well as interest in the field and the power of visualization. With millions of virtual reality devices sold around the world every year, it is only a matter of time before we see that virtual reality and augmented reality take over our daily lives.
7. Blockchain - Thanks to the security provided by the blockchain, this data can be shared seamlessly between all parties. Another application of blockchain is maintaining the integrity of the payment system. Blockchain-based payment systems are currently highly immune to external attacks and theft. Blockchain can also be used to track the status of products in the supply chain in real time. In recent years, you may have heard of blockchain, primarily in the context of cryptocurrency. However, blockchain has evolved to have several different applications. The important part of the blockchain is that it is never completely controlled by a single entity, because it is driven by total consensus. It will never change the data you store on the blockchain, which is widely used for sharing medical data in the healthcare industry.
8. 5G - 5G technology is the next generation of cellular networks and services. It is expected to provide at least a 20GBPS downlink and a 10GBPS uplink, making the 5G network at least 40 times faster than current 4G LTE. This will open the door to new services, network operations and customer experience for telecom operators. Currently, the market is led by
Switzerland, followed by South Korea and the United States.
When 5G technology is still in the development stage, there are few 5G jobs, and most jobs are assigned to employees within the company. However, in recent months, the company has begun recruiting network engineers to specialize in work related to its 5G network.
As 5G technology becomes more and more popular, there have been efforts among networks to purchase spectrum and deploy the technology first. This has led to the need for more labor to focus on the development and launch of 5G networks.
9. Cyber Security - With so many organizations undergoing a tremendous digital transformation, awareness of upcoming cyberattacks continues to rise, not only for large organizations, but also for small businesses.
Now, cyber security is nothing new, but its trend definitely is!
-
Virtual Distributed Network (VDN) is a unique network security method in which signals are transmitted in the form of short pulses or quantum data packets and cannot be secretly read without destroying their content. Basically no one can intercept the data sent to them without introducing some noise.
- Blockchain cyber security is a more modular and responsive security method through centralized orchestration and distributed execution.
10. Quantum Computing - The next noteworthy technology trend is quantum computing, which is a form of computing that uses quantum phenomena such as superposition and quantum entanglement. This surprising technological trend also involves the prevention of the spread of the coronavirus and the development of potential vaccines, thanks to its ability to easily query, monitor, analyze and process data, regardless of the source of the data. Another application area of quantum computing in banking and finance, credit risk management, high-frequency trading and fraud detection.
11. Internet of Things - Another promising new technology trend is the Internet of Things. Many "things" are now being built to connect to WiFi, which means they can connect to the Internet and connect to each other. Therefore, the Internet of Things or the Internet of Things. The Internet of Things is the future. It has enabled devices, household appliances, automobiles, etc. to connect and exchange data via the Internet.
12. Big Data Analytics - Big data analytics has been in the market for a long time. More and more companies are adopting it to go beyond traditional data storage and processing methods.
Big data analytics also provides us with interesting trends. For example, decision intelligence provides a framework to help data engineers design, model, execute, and monitor decision models and processes in the context of business outcomes and behaviors. In fact, by 2023, more than 33% of large organizations will allow analysts to practice decision intelligence.
13. Human Augmentation - Humans have constantly tried to use technology to improve the lives they know. This curiosity has now entered another field: human enhancement, which basically means that with the help of technologies such as artificial intelligence and the Internet of Things, we can not only improve our daily lives, but also human intelligence can be elevated. to a new level.
Today, these studies are committed to helping the disabled through bionics and artificial limb enhancement, and treating disease through genetic testing. But the promise is to end the existing physical disability or prevent the injury entirely.
14. Everything-as-a-Service(XaaS) - Everything-as-a-Service (XaaS) is a cloud computing term that refers to various services and applications that appear for users to access on-demand through the Internet instead of using local media. It gives you the flexibility to customize your computing environment to create the experience you want, everything on demand. XaaS has been expanded to include many services, such as:
-
FunctionasaService
- ITasaService
- Infrastructure as a Service
- Security-as-a-Service
- Database-as-a-Service
As these applications become more portable, the calculation cycle is easier to obtain in real time, and the data integration platform simplifies the connection and provider form cross-platform Alliance, this may soon start to look more like Omnicloud.
15. DevSecOps - DevSecOps is short for Development, Security, and Operations. Their goal is to implement security at the same scale and speed as development and operations, not just for them. With the widespread adoption of microservices, DevSecOps appears to have entered our DevOps market more deeply.
This is not all. An operating model anywhere is critical for companies to successfully differentiate themselves from today's economy. Essentially, this operating model allows services to be accessed, delivered, and activated anywhere. This format is now exploring other aspects of the technology, such as GitOps, DataOps, and NoOps.
16. Predictive & Personalised Medicine - Technology is pushing medical care forward at an expanding rate: the potential to receive data about the lifestyle from smartwatches (like Apple Watch, Fitbit etc.) provides medical professionals with the ability to forecast and even treat possible health problems before a patient even has any symptoms. This means that the medical status of each customer will be tracked and considered by insurance companies only when the risks associated with their lifestyle and habits are determined. When it comes to treating these patients, this technology trend will help doctors prescribe more personalized medicine, often referred to as predictive medicine. The info-driven understanding of how useful some treatments are for people will boost the healthcare market in 2021. This is the top trending technology in 2021
17. Voice Search Technology - The Voice Search allows users to speak into a device rather than typing keywords for a search query to generate results. This technology trend uses speech identification to understand what a user is saying with high accuracy and then delivers the result through voice to the user.
For a long time, voice search technology has been in the tech market, software like speech-to-text and voice dialing are some excellent examples of voice search and as we have discussed above, devices like Amazon Echo use voice search as their main functionality and due to these extensive features, this technology trend improves the user experience to the fullest – and because of this, by the year 2020, 50% of all online searches will be made through voice search technology.
18. Drones and Unmanned Vehicles - This is the top trending technology in 2021 and will be top trending technology in upcoming years. These aircraft, manned either remotely or autonomously, have changed the face of military operations - but the impact doesn’t stop there: Search and Rescue missions, firefighting, law enforcement and transportation will all be transformed by drone technology - get ready for passenger drones (drone taxis) too!
19. Mass Personalization and Micro-moments - Mass-personalization is the ability to offer highly personalized products or services on a mass scale; while the term "micro-moments" essentially means to respond to customer needs at the exact right time – both are made possible by technologies such as AI, Big Data and analytics.
20. Genomics and Gene Editing - Genomics and gene editing are the top trending technologies in 2021. Advancements in computing and analytics have driven incredible leaps in our understanding of the human genome and now we’re trying to change the genetic structure of living organisms (for example, to “correct” DNA mutations that can lead to cancer).
Conclusion:
The global economy will resurface in 2021 and new technologies will almost certainly drive this trend. The major tech trends mentioned above may take over our daily lives for years to come. Work related to these technologies and skills will be very valuable. In the long run, getting an education related to them will definitely help you a lot in your career. Choosing and mastering the right new technology in 2021 will help you face the future.
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
For more information about our professional certification training courses Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
How to Find the Length of List in Python?
How to Find the Length of List in Python?
Introduction- Software developers and data scientists all over the world have a great demand for Python. Lists are an indispensable part of daily Python programming. All Python users should understand their profits and operations which is essential and is always an advantage. A list in Python is an ordered and changeable collection data type. The list can also have duplicate entries.
A list is implemented in Python to store sequences of various data types. However, there are six data types in Python that can store sequences, but the most common and reliable type is a list. One of the very similar features such as the list is Arrays. The difference between lists and arrays is that they provide a more compact and efficient way to store large numbers of items.
Although matrices involve numerical operations, there is no need to perform direct mathematical activities on lists.
List being an integral part of Python day-day programming has to be learned by all the python users and having a knowledge of its utility and operations is essential and always a plus.
If you are a new IT or software professional, or a data professional, you should be proficient in this programming language.
Most refresher courses are designed to familiarize candidates with Python by using the basics of programming, statistical tools, and predictive analysis as part of the main project and coursework.
How to find the length of a list in python?
Calculating the length or size of the list is similar to finding the total number of items present in the list. For example, if list1: list1 = [5,4,7,2,9,6], then the length of list lis1 is 6. Because the total number of elements or elements is 6.
There are two basic and most commonly used methods for finding the length of a list in Python:
- Len() method
- Naive method
- Using The __len__() Method
- Using length_hint()
- Using Python for loop to get length method
1. Len() Method:
There is a built-in function called len() to get the total number of elements in a list, tuple, array, dictionary, etc. The len() method accepts a parameter in which you can provide a list and return the length of the list.
The len() method is one of the most widely used and convenient methods for finding the length of a list in Python. This is the most traditional technique used by all programmers today.
The built-in len() method in Python is widely used to calculate the length of any type of sequential data. Calculate the number of elements or the number of elements of the object, and return the same value as the length of the object.
Therefore, we can directly obtain the length of a list and pass it to the built-in method len().
The syntax of the len () function
The basic syntax of the len () function in Python is as follows:
len (List_name)
Parameters:
Parameters - List_name
Description - The length of the list will be calculated.
Return value - will return an integer value that is the length of the list.
Definition list - the list is enclosed in brackets
Example:- len (list)
The List parameter is a list to count the number of elements. Returns the number of items in the list.
- ListName = ["Hello", "Alexa", 1, 2, 3]
- print ("Number of items in the list = ", len(ListName))
Output:5
2. Naive Method:
The len(list) method The len() method is the most widely used method for finding the length of a list in Python. But there is another basic way to provide the length of the list.
In the Naive method, you only need to loop and increment the counter to the last item in the list to know its count. This is the most basic strategy that can be used without other effective techniques.
In other words, In this Naive method, we use the count variable to find the number of items in the list. It is a technique that uses an established (para) control loop format. In this set, the controlled loop does not follow any conditions, it only follows the length of the set. To do this, we simply add 1 to the value of the count. Finally, it returns the number of elements.
Example:
- ListName = [ "Hello", "Alexa", 1,2,3 ]
- print ("The list is : " + str(ListName))
- counter = 0
- for i in ListName:
- counter = counter + 1
- print ("Length of list using naive method is : " + str(counter))
Output: The list is : ["Hello", "Alexa", 1,2,3]
The length of a list using the naive method is: 5
It's about finding the length of the list in Python. The len () method is the most popular method. However, you can also use the basic method to find the length with the help of the naive method.
3. Using The __len__() Method:
The __len __ () method is another built-in Python method that can be used to find the length of a list.
Although the len () and __len __ () methods appear similar, there is the slightest difference between the two.
When the len () function is called, it calls the __len __ () method internally, which returns the count of elements in the sequence, which is a list. Also, we can directly call the __len __ () method.
Example:
# Python program to find length of list
# Use __len __() method
# Initialize the list to find the length
MyList = [`Red`,`Yellow`,`Green`,`Orange`,`Pink `]
Length = MyList. __ len __()
print("The length of the list is: ", Length)
Output:
The length of the list is: 5
4. Using length_hint():
This technique is a little known technique for finding the length of a list. This special method is defined in the operator class and can also indicate that it is not. Items present in the list.
Definition - Returns with the length of iterable items.
Syntax - Operator.length_hint()
Parameters - objective, iterable
Example:- Demonstrating finding length of list using len() and length_hint()
# Python code to demonstrate
# length of list
# using len() and length_hint
from operator import length_hint
# Initializing list
test_list = [ 1, 4, 5, 7, 8 ]
# Printing test_list
print ("The list is : " + str(test_list))
# Finding length of list
# using len()
list_len = len(test_list)
# Finding length of list
# using length_hint()
list_len_hint = length_hint(test_list)
# Printing length of list
print ("Length of list using len() is : " + str(list_len))
print ("Length of list using length_hint() is : " + str(list_len_hint))
Output :
The list is : [1, 4, 5, 7, 8]
Length of list using len() is : 5
Length of list using length_hint() is : 5
5. Using Python for loop to get length method:
To find the length of a list in Python, using the for loop is considered a traditional technique or a naive method, as shown below:
Declare a counter variable and initialize it to zero.
Use a for loop to loop through all data items. After each item is found, the counter variable is incremented by 1.
In this way, the length of the array will be stored in the counter variable, because the variable will represent the number of items in the list.
Example: inp_lst = ['Python','Java','Kotlin','Machine Learning','Keras']
size = 0
print("Length of the input string:")
for x in inp_lst:
size+=1
print(size)
Output:
Length of the input string: 5
List in Python:
A list is implemented in Python to store sequences of various data types. However, there are six data types in Python that can store sequences, but the most common and reliable type is a list.
A list is defined as a collection of different types of values or elements. Items in the list are separated by commas (,) and enclosed in square brackets [].
It is defined as follows:
list1 = ['alexa', 'python', 2019];
list2 = [1, 2, 3, 4, 5 ];
list3 = ["a", "b", "c", "d"];
The execution time of various methods to find the length of the list in python:
- len(): 0.0 (seconds)
- __len__() : 0.0 (seconds)
- length_hint(): 0.00046 (seconds)
- Naive method: 0.00057 (seconds)
Therefore, len() is the best way to find the length of the list in python and can be used because it has the shortest execution time of all available methods.
Conclusion:
Python List is now known to be a variable ordered sequence. It can contain heterogeneous and homogeneous elements. It is a widely used data structure in Python. For traversal and other operations on the list, sometimes it is necessary to find the length of the list. It's about finding the length of the list in Python. The len () method is the most popular method. You can clearly see that the time spent is naive >> length_hint ()> len (), so len () is the best option.
However, you can also use the basic method to find the length of the list in Python with the help of the naive method. This information on measuring the length of a list in Python is one of the most basic things you should do as a beginner. So, use the steps above to improve our programming skills and stay curious to learn more!
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
For more information about our professional certification training courses Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
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How to Find the Length of List in Python?
Introduction- Software developers and data scientists all over the world have a great demand for Python. Lists are an indispensable part of daily Python programming. All Python users should understand their profits and operations which is essential and is always an advantage. A list in Python is an ordered and changeable collection data type. The list can also have duplicate entries.
A list is implemented in Python to store sequences of various data types. However, there are six data types in Python that can store sequences, but the most common and reliable type is a list. One of the very similar features such as the list is Arrays. The difference between lists and arrays is that they provide a more compact and efficient way to store large numbers of items.
Although matrices involve numerical operations, there is no need to perform direct mathematical activities on lists.
List being an integral part of Python day-day programming has to be learned by all the python users and having a knowledge of its utility and operations is essential and always a plus.
If you are a new IT or software professional, or a data professional, you should be proficient in this programming language.
Most refresher courses are designed to familiarize candidates with Python by using the basics of programming, statistical tools, and predictive analysis as part of the main project and coursework.
How to find the length of a list in python?
Calculating the length or size of the list is similar to finding the total number of items present in the list. For example, if list1: list1 = [5,4,7,2,9,6], then the length of list lis1 is 6. Because the total number of elements or elements is 6.
There are two basic and most commonly used methods for finding the length of a list in Python:
- Len() method
- Naive method
- Using The __len__() Method
- Using length_hint()
- Using Python for loop to get length method
1. Len() Method:
There is a built-in function called len() to get the total number of elements in a list, tuple, array, dictionary, etc. The len() method accepts a parameter in which you can provide a list and return the length of the list.
The len() method is one of the most widely used and convenient methods for finding the length of a list in Python. This is the most traditional technique used by all programmers today.
The built-in len() method in Python is widely used to calculate the length of any type of sequential data. Calculate the number of elements or the number of elements of the object, and return the same value as the length of the object.
Therefore, we can directly obtain the length of a list and pass it to the built-in method len().
The syntax of the len () function
The basic syntax of the len () function in Python is as follows:
len (List_name)
Parameters:
Parameters - List_name
Description - The length of the list will be calculated.
Return value - will return an integer value that is the length of the list.
Definition list - the list is enclosed in brackets
Example:- len (list)
The List parameter is a list to count the number of elements. Returns the number of items in the list.
- ListName = ["Hello", "Alexa", 1, 2, 3]
- print ("Number of items in the list = ", len(ListName))
Output:5
2. Naive Method:
The len(list) method The len() method is the most widely used method for finding the length of a list in Python. But there is another basic way to provide the length of the list.
In the Naive method, you only need to loop and increment the counter to the last item in the list to know its count. This is the most basic strategy that can be used without other effective techniques.
In other words, In this Naive method, we use the count variable to find the number of items in the list. It is a technique that uses an established (para) control loop format. In this set, the controlled loop does not follow any conditions, it only follows the length of the set. To do this, we simply add 1 to the value of the count. Finally, it returns the number of elements.
Example:
- ListName = [ "Hello", "Alexa", 1,2,3 ]
- print ("The list is : " + str(ListName))
- counter = 0
- for i in ListName:
- counter = counter + 1
- print ("Length of list using naive method is : " + str(counter))
Output: The list is : ["Hello", "Alexa", 1,2,3]
The length of a list using the naive method is: 5
It's about finding the length of the list in Python. The len () method is the most popular method. However, you can also use the basic method to find the length with the help of the naive method.
3. Using The __len__() Method:
The __len __ () method is another built-in Python method that can be used to find the length of a list.
Although the len () and __len __ () methods appear similar, there is the slightest difference between the two.
When the len () function is called, it calls the __len __ () method internally, which returns the count of elements in the sequence, which is a list. Also, we can directly call the __len __ () method.
Example:
# Python program to find length of list
# Use __len __() method
# Initialize the list to find the length
MyList = [`Red`,`Yellow`,`Green`,`Orange`,`Pink `]
Length = MyList. __ len __()
print("The length of the list is: ", Length)
Output:
The length of the list is: 5
4. Using length_hint():
This technique is a little known technique for finding the length of a list. This special method is defined in the operator class and can also indicate that it is not. Items present in the list.
Definition - Returns with the length of iterable items.
Syntax - Operator.length_hint()
Parameters - objective, iterable
Example:- Demonstrating finding length of list using len() and length_hint()
# Python code to demonstrate
# length of list
# using len() and length_hint
from operator import length_hint
# Initializing list
test_list = [ 1, 4, 5, 7, 8 ]
# Printing test_list
print ("The list is : " + str(test_list))
# Finding length of list
# using len()
list_len = len(test_list)
# Finding length of list
# using length_hint()
list_len_hint = length_hint(test_list)
# Printing length of list
print ("Length of list using len() is : " + str(list_len))
print ("Length of list using length_hint() is : " + str(list_len_hint))
Output :
The list is : [1, 4, 5, 7, 8]
Length of list using len() is : 5
Length of list using length_hint() is : 5
5. Using Python for loop to get length method:
To find the length of a list in Python, using the for loop is considered a traditional technique or a naive method, as shown below:
Declare a counter variable and initialize it to zero.
Use a for loop to loop through all data items. After each item is found, the counter variable is incremented by 1.
In this way, the length of the array will be stored in the counter variable, because the variable will represent the number of items in the list.
Example: inp_lst = ['Python','Java','Kotlin','Machine Learning','Keras']
size = 0
print("Length of the input string:")
for x in inp_lst:
size+=1
print(size)
Output:
Length of the input string: 5
List in Python:
A list is implemented in Python to store sequences of various data types. However, there are six data types in Python that can store sequences, but the most common and reliable type is a list.
A list is defined as a collection of different types of values or elements. Items in the list are separated by commas (,) and enclosed in square brackets [].
It is defined as follows:
list1 = ['alexa', 'python', 2019];
list2 = [1, 2, 3, 4, 5 ];
list3 = ["a", "b", "c", "d"];
The execution time of various methods to find the length of the list in python:
- len(): 0.0 (seconds)
- __len__() : 0.0 (seconds)
- length_hint(): 0.00046 (seconds)
- Naive method: 0.00057 (seconds)
Therefore, len() is the best way to find the length of the list in python and can be used because it has the shortest execution time of all available methods.
Conclusion:
Python List is now known to be a variable ordered sequence. It can contain heterogeneous and homogeneous elements. It is a widely used data structure in Python. For traversal and other operations on the list, sometimes it is necessary to find the length of the list. It's about finding the length of the list in Python. The len () method is the most popular method. You can clearly see that the time spent is naive >> length_hint ()> len (), so len () is the best option.
However, you can also use the basic method to find the length of the list in Python with the help of the naive method. This information on measuring the length of a list in Python is one of the most basic things you should do as a beginner. So, use the steps above to improve our programming skills and stay curious to learn more!
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
For more information about our professional certification training courses Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Top 10 Trending Technologies In 2021
Here is the list of Top 10 Trending Technologies In 2021:
1. Machine Learning
2. Data Science
3. Robotics Process Automation
4. Edge Computing
5. Quantum Computing
6. Virtual Reality and Augumented Reality
7. Blockchain
8. Internet of Things (IOT)
9. 5G
10. Cyber Security
1. Machine Learning:
Machine learning (ML) is the study of computer algorithms that improve automatically through experience. It is seen as a subset of artificial intelligence. Machine learning is an exciting branch of Artificial Intelligence and continues to be one of the new technology trends. With the aid of machine learning, computers will be programmed to learn to do which they are not programmed to do so. Due to the new computing mechanization, the machine learning program has changed a lot, which means it is not the same as it was in the past. Machine learning practices are used for data mining, data analytics, and pattern recognition. Machine Learning is already being deployed in many different industries thus creating demand for skilled professionals. Every big company and organization is focusing on improving the customer experience and modernizing their business actions by using AI. The machine learning business is looking forward to enlarging to $9 billion by 2022. With AI spreading across sectors new jobs will be created and it is predicted that Machine Learning and Artificial Intelligence will create almost 10 percent of new jobs by 2025 in USA.
2. Data Science:
Data Science has become a revolutionary technology that everyone seems to talk about. Data science is about extracting, analyzing, visualizing, managing and storing data and requires the usage of both structured and unstructured data. Data scientists must have the skills and proficient training to help conquer important goals that are possible or essential for a great deal with more time and energy. Data Science is growing rapidly and transforming many companies across the globe. Kaspersky a leading cyber security company is applying data science and machine learning to look for 300,000+ samples of malware on a regular basis. Data Science is in great demand and predicted create 12 million jobs by 2026. It is also one of the highest paying jobs with an average salary of $125,000 per annum.
Data scientists often come from many different educational and work experience backgrounds, most should be strong in, or in an ideal case be experts in four fundamental areas. In no particular order of priority or importance, these are:
Business/Domain
Mathematics (includes statistics and probability)
Computer science (e.g., software/data architecture and engineering)
Communication (both written and verbal)
3. Robotics Process Automation:
Robotic process automation is gaining a lot of traction and being adopted and implemented in businesses of every industry. Robotic Process Automation allows an individual to arrange computer software or robot to copy and incorporate the actions of the human relating with digital systems to develop a business process. RPA uses structured inputs and logic, As an IT Professional who is looking to make a career in RPA it offers plenty of opportunities like Business analyst, solution architect, project manager, development and consultant. The average salary of an Robotic Process Automation professional ranges from $ 130,000 - $170, 000.
4. Edge Computing:
Edge computing is a distributed, open IT architecture that features decentralized processing power which enables mobile computing and Internet of Things (IoT) technologies. In edge computing the data is processed by the device itself or by a local computer or server, rather than being transmitted to data Centre. The upcoming fastest network which happens to be 5G is allowing edge computing systems to advance the forming of real time supplications like analytics, artificial intelligence robotics and self-driven cars. Edge computing offers high speed, reduced latency and better reliability which allows quicker processing and content delivery. It is predicted that the edge markets is headed for strong growth over the next few years. The global revenue for edge devices and networks deployed for AI will reach $828 billion by 2025.
5. Quantum computing:
Quantum computing is the use of quantum phenomena such as superposition and entanglement to perform computation. Quantum computers perform calculations based on the probability of an object's state before it is measured - instead of just 1s or 0s - which means they have the potential to process exponentially more data compared to classical computers. Quantum computer are reinventing aspects of cyber security through their ability to break codes and encrypt electronic communications. Tech giants like Microsoft, Google, Intel, Alibaba and IBM are exploring quantum computing for better cyber security. The quantum computing market is expected to reach $2.2 billion by 2026.
6. Virtual Reality and Augmented reality:
Virtual Reality is defined as the use of computer technology to create a simulated environment and Augmented reality is defined as enhanced version of reality created by the use of technology to add digital information on an image. Virtual reality and augmented reality bridge the digital and physical worlds. They allow us to take in information and content visually, in the same way you take in the world. Virtual reality is widely used for gaming purposes; however the military sector which has always been at the forefront of using emerging technologies is adapting virtual reality for training purposes and combat enhancements. Virtual reality has huge potential in gaming, entertainment, marketing, training and education industry. The global VR and AR market was $11 billion in 2017 and expected to reach $571 billion by 2025. Getting started in VR and AR doesn’t require any specialized knowledge, basic programming skills should suffice to help you get a job in this sector.
7. Blockchain:
Blockchain, which began to emerge as a real-world tech option in 2016 and 2017, is poised to change IT in much the same way open-source software did a quarter century ago. It is based on peer-to-peer (P2P) topology, blockchain is a distributed ledger technology (DLT) that allows data to be stored globally on thousands of servers – while letting anyone on the network see everyone else's entries in near real-time. That makes it difficult for one user to gain control of, or game, the network.
Many industries are implementing blockchain, and as the use of blockchain technology increases, so does the demand for skilled professionals. Block chain developer specializes in developing and implementing architecture and solutions using block chain technology. Driven mainly by financial technology (fintech) investments, blockchain has seen a fast uptick in adoption for application development and pilot tests in a number of industries and will generate more than $10.6 billion in revenue by 2023. The average salary ranges from $130,000 - $150,000 per annum.
8. Internet of Things (IoT):
The Internet of Things (IoT) describes the network of physical objects—“things”—that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet. These devices range from ordinary household objects to sophisticated industrial tools. With more than 7 billion connected IoT devices today, experts are expecting this number to grow to 10 billion by 2020 and 23 billion by 2025. As consumers we are already using IoT in our daily lives like controlling thermostat to turning up the volume on the TV to dimming the lights and more, soon practically every device will be connected for streamlined control. Smart cities are on the rise, and IoT developers are devising ways to use the IoT to monitor city conditions such as traffic, air quality, electric/water usage, and environmental factors. Doing so can assist city planners as well as residents to come up with solutions to current issues and conserve resources.
9. 5G:
5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G, and 4G networks. 5G enables a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices. 5G runs on the same radio frequencies that are currently being used for smartphones, on Wi-Fi networks and in satellite communications, but it enables technology to go a lot further. The 5G technology is growing faster than initially thought and more businesses and individuals, will have access to it in less time than we imagined.5G services are expected to launch in 2021 globally. The global 5G services market is expected to grow at a compound annual growth rate of 43.9% from 2021 to 2027 to reach USD 414.5 billion by 2027.
10. Cyber Security:
Cyber-crime is on the rise, and many small scale businesses are extremely vulnerable as a result of ineffective cyber security. Cyber-attacks threaten organizations, customers and employees. Cyber security solutions protects your business, protects personal information, productivity, denies spyware, prevents adware and stop websites from going down. As long as we have hackers around us, the need for cyber security professionals rises and the number of cyber security jobs is growing three times faster than any other tech job. It is estimated that $6 trillion will be spent globally on cybersecurity.
For more information on how iCert Global can help you to achieve your Data Science Certification goals, please visit our Data Science Certification Training Courses on our website.
Know more about our Professional Certification Training Courses for preparing for the above certifications.
AWS Certified Solutions Architect Certification Training Courses
Big Data Certification Training Courses
Data Science Certification Training Courses
CRISC Certification Training Courses
CISM Certification Training Courses
PMP Certification Training Courses
Free Download: PMP Practice Test with 200 Questions
CEH Certification Training Courses
CSM Certification Training Courses
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Read More
Here is the list of Top 10 Trending Technologies In 2021:
1. Machine Learning
2. Data Science
3. Robotics Process Automation
4. Edge Computing
5. Quantum Computing
6. Virtual Reality and Augumented Reality
7. Blockchain
8. Internet of Things (IOT)
9. 5G
10. Cyber Security
1. Machine Learning:
Machine learning (ML) is the study of computer algorithms that improve automatically through experience. It is seen as a subset of artificial intelligence. Machine learning is an exciting branch of Artificial Intelligence and continues to be one of the new technology trends. With the aid of machine learning, computers will be programmed to learn to do which they are not programmed to do so. Due to the new computing mechanization, the machine learning program has changed a lot, which means it is not the same as it was in the past. Machine learning practices are used for data mining, data analytics, and pattern recognition. Machine Learning is already being deployed in many different industries thus creating demand for skilled professionals. Every big company and organization is focusing on improving the customer experience and modernizing their business actions by using AI. The machine learning business is looking forward to enlarging to $9 billion by 2022. With AI spreading across sectors new jobs will be created and it is predicted that Machine Learning and Artificial Intelligence will create almost 10 percent of new jobs by 2025 in USA.
2. Data Science:
Data Science has become a revolutionary technology that everyone seems to talk about. Data science is about extracting, analyzing, visualizing, managing and storing data and requires the usage of both structured and unstructured data. Data scientists must have the skills and proficient training to help conquer important goals that are possible or essential for a great deal with more time and energy. Data Science is growing rapidly and transforming many companies across the globe. Kaspersky a leading cyber security company is applying data science and machine learning to look for 300,000+ samples of malware on a regular basis. Data Science is in great demand and predicted create 12 million jobs by 2026. It is also one of the highest paying jobs with an average salary of $125,000 per annum.
Data scientists often come from many different educational and work experience backgrounds, most should be strong in, or in an ideal case be experts in four fundamental areas. In no particular order of priority or importance, these are:
Business/Domain
Mathematics (includes statistics and probability)
Computer science (e.g., software/data architecture and engineering)
Communication (both written and verbal)
3. Robotics Process Automation:
Robotic process automation is gaining a lot of traction and being adopted and implemented in businesses of every industry. Robotic Process Automation allows an individual to arrange computer software or robot to copy and incorporate the actions of the human relating with digital systems to develop a business process. RPA uses structured inputs and logic, As an IT Professional who is looking to make a career in RPA it offers plenty of opportunities like Business analyst, solution architect, project manager, development and consultant. The average salary of an Robotic Process Automation professional ranges from $ 130,000 - $170, 000.
4. Edge Computing:
Edge computing is a distributed, open IT architecture that features decentralized processing power which enables mobile computing and Internet of Things (IoT) technologies. In edge computing the data is processed by the device itself or by a local computer or server, rather than being transmitted to data Centre. The upcoming fastest network which happens to be 5G is allowing edge computing systems to advance the forming of real time supplications like analytics, artificial intelligence robotics and self-driven cars. Edge computing offers high speed, reduced latency and better reliability which allows quicker processing and content delivery. It is predicted that the edge markets is headed for strong growth over the next few years. The global revenue for edge devices and networks deployed for AI will reach $828 billion by 2025.
5. Quantum computing:
Quantum computing is the use of quantum phenomena such as superposition and entanglement to perform computation. Quantum computers perform calculations based on the probability of an object's state before it is measured - instead of just 1s or 0s - which means they have the potential to process exponentially more data compared to classical computers. Quantum computer are reinventing aspects of cyber security through their ability to break codes and encrypt electronic communications. Tech giants like Microsoft, Google, Intel, Alibaba and IBM are exploring quantum computing for better cyber security. The quantum computing market is expected to reach $2.2 billion by 2026.
6. Virtual Reality and Augmented reality:
Virtual Reality is defined as the use of computer technology to create a simulated environment and Augmented reality is defined as enhanced version of reality created by the use of technology to add digital information on an image. Virtual reality and augmented reality bridge the digital and physical worlds. They allow us to take in information and content visually, in the same way you take in the world. Virtual reality is widely used for gaming purposes; however the military sector which has always been at the forefront of using emerging technologies is adapting virtual reality for training purposes and combat enhancements. Virtual reality has huge potential in gaming, entertainment, marketing, training and education industry. The global VR and AR market was $11 billion in 2017 and expected to reach $571 billion by 2025. Getting started in VR and AR doesn’t require any specialized knowledge, basic programming skills should suffice to help you get a job in this sector.
7. Blockchain:
Blockchain, which began to emerge as a real-world tech option in 2016 and 2017, is poised to change IT in much the same way open-source software did a quarter century ago. It is based on peer-to-peer (P2P) topology, blockchain is a distributed ledger technology (DLT) that allows data to be stored globally on thousands of servers – while letting anyone on the network see everyone else's entries in near real-time. That makes it difficult for one user to gain control of, or game, the network.
Many industries are implementing blockchain, and as the use of blockchain technology increases, so does the demand for skilled professionals. Block chain developer specializes in developing and implementing architecture and solutions using block chain technology. Driven mainly by financial technology (fintech) investments, blockchain has seen a fast uptick in adoption for application development and pilot tests in a number of industries and will generate more than $10.6 billion in revenue by 2023. The average salary ranges from $130,000 - $150,000 per annum.
8. Internet of Things (IoT):
The Internet of Things (IoT) describes the network of physical objects—“things”—that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet. These devices range from ordinary household objects to sophisticated industrial tools. With more than 7 billion connected IoT devices today, experts are expecting this number to grow to 10 billion by 2020 and 23 billion by 2025. As consumers we are already using IoT in our daily lives like controlling thermostat to turning up the volume on the TV to dimming the lights and more, soon practically every device will be connected for streamlined control. Smart cities are on the rise, and IoT developers are devising ways to use the IoT to monitor city conditions such as traffic, air quality, electric/water usage, and environmental factors. Doing so can assist city planners as well as residents to come up with solutions to current issues and conserve resources.
9. 5G:
5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G, and 4G networks. 5G enables a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices. 5G runs on the same radio frequencies that are currently being used for smartphones, on Wi-Fi networks and in satellite communications, but it enables technology to go a lot further. The 5G technology is growing faster than initially thought and more businesses and individuals, will have access to it in less time than we imagined.5G services are expected to launch in 2021 globally. The global 5G services market is expected to grow at a compound annual growth rate of 43.9% from 2021 to 2027 to reach USD 414.5 billion by 2027.
10. Cyber Security:
Cyber-crime is on the rise, and many small scale businesses are extremely vulnerable as a result of ineffective cyber security. Cyber-attacks threaten organizations, customers and employees. Cyber security solutions protects your business, protects personal information, productivity, denies spyware, prevents adware and stop websites from going down. As long as we have hackers around us, the need for cyber security professionals rises and the number of cyber security jobs is growing three times faster than any other tech job. It is estimated that $6 trillion will be spent globally on cybersecurity.
For more information on how iCert Global can help you to achieve your Data Science Certification goals, please visit our Data Science Certification Training Courses on our website.
Know more about our Professional Certification Training Courses for preparing for the above certifications.
AWS Certified Solutions Architect Certification Training Courses
Big Data Certification Training Courses
Data Science Certification Training Courses
CRISC Certification Training Courses
CISM Certification Training Courses
PMP Certification Training Courses
Free Download: PMP Practice Test with 200 Questions
CEH Certification Training Courses
CSM Certification Training Courses
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
PMP Exam Is Changing from January 02, 2021
PMP® Exam Is Changing from January 02, 2021
1. The PMP exam has been postponed to January 02, 2021, by PMI.
2. The new PMP exam will focus on the following three new domains:
- People – emphasizing the skills and activities associated with effectively leading a project team
- Process – reinforcing the technical aspects of managing a project
- Business Environment – highlighting the connection between projects and organization strategy
3. The new PMP Exam content will cover 50% Predictive Approach and 50% Agile / Hybrid Approach across all Three Exam Domains
The PMP exam based on the new course outline that was scheduled to come into effect from July 1, 2020, has now been postponed to January 02, 2021.
PMI has made this move after the impact of the pandemic that has paralyzed the world and disrupted lives.
Shifting the date to months ahead is a move aimed to make time and space for project management professionals wanting to get PMP certified.
The present climate is not conducive given the grave health concerns that have grappled countries with lockdowns and self-isolations. PMI has stated that the safety and well-being of the community are paramount and precedes everything. The task force set up in PMI is monitoring the situations on the ground on a daily basis, and assessing the turn of events decided to extend the present PMP exam till December 2020.
The postponement of the exam will help the candidates time to get over the challenges faced with health care and provide time and training resources to prepare for the PMP exam.
These are compelling reasons for the PMP exam to be launched on January 02, 2021.
Will the Course Outline change?
PMI has made no reference to any change in the course outline so far. Only the Exam date has been rescheduled to January 02, 2021. Other things, until an announcement is made by PMI, remain the same. The new course outline of PMP has been covered at length in our blog: PMP Exam is Changing
The new PMP Exam course outline was released by PMI on 30 June 2019. PMI will update the syllabus when the new PMP exam comes into effect by January 2021.
The links for the New PMP Content outline and the existing content outline are presented below.
- Download the New PMP Exam Content Outline (PDF) July 01, 2020.
- Download the Current PMP Exam Content Outline (June 2015)
It is to be noted that the PMP exam is not based on A Guide to The Project Management Body of Knowledge (PMBOK® Guide). PMBOK® Guide only serves as reference material. Candidates need to access other learning aids and study guides to enhance their understanding and improve their chances of clearing the PMP exam.
What are the New PMP Exam Changes?
1. The New PMP Exam will focus on the following Three New Domains:
- People – emphasizing the skills and activities associated with effectively leading a project team
- Process – reinforcing the technical aspects of managing a project
- Business Environment – highlighting the connection between projects and organization strategy
Download the New PMP Exam Content Outline (PDF)
The three domain areas will focus on predictive, agile, and hybrid approaches. The table below will help to understand the framework of the new PMP exam and the focus on each domain.
New PMP Exam Outline
DOMAIN
% WEIGHT
Domain I. People
42%
Domain II. Process
50%
Domain III. Business Environment
8%
TOTAL
100%
There is a new term introduced in the new PMP exam content outline called “enablers”.
But what are “Domain”, “Tasks” and “Enablers” according to the new PMP exam changes.?
Domain – is the knowledge area necessary for the project management practice.
Tasks – These are the tasks to be executed by the project manager in the domain areas for the successful execution and completion of a project.
Enablers – These are Descriptive illustrations of the work associated with the task.
New PMP Exam
Domains
3
Tasks
35
Enablers
Yes
Looking at the table above, one might get the impression that new PMP exam has shrunk as the objectives are fewer. It is not so, and if anything the new PMP exam will be more complex and harder as compared to the existing PMP exam. This is the main driver to prepare and appear for the PMP exam before December 2020.
While PMBOK-version 6 as the reference material has not changed for the new PMP course outline, how PMI will assess the the PMP certification exam has changed.
2. The new PMP Exam content will cover 50% Predictive Approach and 50% Agile / Hybrid Approach across all Three Exam Domains
3. Project Management Domains Aligned To Real Life Practices
Will PMBOK change?
NO. There will be no change as PMBOK® Guide Sixth Edition will continue as the reference material. You can use the PMBOK® Guide Sixth Edition till December 2020. The seventh edition of the PMBOK® Guide is expected in the second quarter of 2021.
I am preparing for the PMP Exam. How will the changes affect me?
It is strongly recommended to take the exam when you have time till December 2020 since the existing PMP exam and its patterns are well known. Post-January 2, 2021, the new PMP exam will come into effect and its not clear how the exam will be structured.
In case, you plan to take the PMP exam on or before 31 December 2020
- Follow the existing PMP course outline. There are no changes to the existing syllabus
- Continue with your studies and earn the PDUs through training or other means as prescribed by PMI
- Use the PMBOK® Guide Sixth Edition as the reference material. In addition, spend time on other learning aids and resources
- Check carefully about the safety measures and other health-related concerns before scheduling your exam. Aim to take the exam by end of October 2020 to avoid the scramble in securing a slot as there would be a jam in November and December by candidates to sit for the exam before the changeover. The 2 months of November and December are also a window to retake the exam in case you are unable to clear in the first attempt.
In case, you plan to take the PMP exam on or after 2 January 2021
- Follow the new PMP Exam Content Outline (June 2019) and become familiar with the topics on which you will be tested in the new exam.
- Follow the PMBOK® Guide Sixth Edition for your studies. The PMBOK® Guide Sixth Edition holds good for the new PMP exam.
- In addition, you need to Study The Agile Practice Guide and agile approaches.
- Check with your training provider and confirm the updated course outline and required study material aligned with the new course outline
- Check for additional study materials, learning aids and other resources
- Make a schedule any day on or after 2 January 2021 for the new PMP exam.
What happens if I have already scheduled my exam?
If you have scheduled your exam and unable to appear due to restrictions arising out of the COVID-19 or other health concerns, you can reschedule your exam at a date convenient. PMI has assured to make an arrangement with regard to exam reschedule and also extend your eligibility till 18 January 2021
Can I reschedule at this time?
Yes, you can reschedule your exam. You can check about the specific test center in your location using this PearsonVUE’s Coronavirus Update Page. You can reschedule your exam at available time slots using your online Pearson VUE account.
Can I get a refund of the fees paid?
The fees paid will be transmitted by PMI. You will also be able to reschedule your exam without any penalty charges.
How will I get to know if the exam gets canceled?
In case you have chosen Pearson VUE and paid your fees, there will be an email cancellation notice and also the refund. In case your appointment remains unchanged then expect the exam to be conducted as scheduled. Ensure you have all your safety measures in place and take all the necessary precautions.
Benchmark your current level of preparation for the current version of the PMP Exam.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information. Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or
Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Are you ready to take the first step towards getting a PMP Certification? The last day to take the current PMP Exam is December 31, 2020, and the PMP Exam is changing from January 02,2021.
By when are you planning to achieve the PMP Certification? Have you set a target to get PMP Certified before December 2020? Let us know your thoughts in the 'Comments' section below. Thank you.
Connect with iCert Global on:
Linkedin | Facebook | Twitter | Instagram | YouTube | Pinterest
Subscribe to our YouTube Channel | Subscribe to our Telegram Channel
Wish you all the best for your PMP Certification Exam Prep Training. iCert Global would be privileged to play a part in your journey towards achieving a globally recognized PMP Certification from The Project Management Institute, Inc.
Read more about PMP Exam Changes on PMI.org.
Professional Certification Training Courses from iCert Global
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
PMP® Exam Is Changing from January 02, 2021
1. The PMP exam has been postponed to January 02, 2021, by PMI.
2. The new PMP exam will focus on the following three new domains:
- People – emphasizing the skills and activities associated with effectively leading a project team
- Process – reinforcing the technical aspects of managing a project
- Business Environment – highlighting the connection between projects and organization strategy
3. The new PMP Exam content will cover 50% Predictive Approach and 50% Agile / Hybrid Approach across all Three Exam Domains
The PMP exam based on the new course outline that was scheduled to come into effect from July 1, 2020, has now been postponed to January 02, 2021.
PMI has made this move after the impact of the pandemic that has paralyzed the world and disrupted lives.
Shifting the date to months ahead is a move aimed to make time and space for project management professionals wanting to get PMP certified.
The present climate is not conducive given the grave health concerns that have grappled countries with lockdowns and self-isolations. PMI has stated that the safety and well-being of the community are paramount and precedes everything. The task force set up in PMI is monitoring the situations on the ground on a daily basis, and assessing the turn of events decided to extend the present PMP exam till December 2020.
The postponement of the exam will help the candidates time to get over the challenges faced with health care and provide time and training resources to prepare for the PMP exam.
These are compelling reasons for the PMP exam to be launched on January 02, 2021.
Will the Course Outline change?
PMI has made no reference to any change in the course outline so far. Only the Exam date has been rescheduled to January 02, 2021. Other things, until an announcement is made by PMI, remain the same. The new course outline of PMP has been covered at length in our blog: PMP Exam is Changing
The new PMP Exam course outline was released by PMI on 30 June 2019. PMI will update the syllabus when the new PMP exam comes into effect by January 2021.
The links for the New PMP Content outline and the existing content outline are presented below.
- Download the New PMP Exam Content Outline (PDF) July 01, 2020.
- Download the Current PMP Exam Content Outline (June 2015)
It is to be noted that the PMP exam is not based on A Guide to The Project Management Body of Knowledge (PMBOK® Guide). PMBOK® Guide only serves as reference material. Candidates need to access other learning aids and study guides to enhance their understanding and improve their chances of clearing the PMP exam.
What are the New PMP Exam Changes?
1. The New PMP Exam will focus on the following Three New Domains:
- People – emphasizing the skills and activities associated with effectively leading a project team
- Process – reinforcing the technical aspects of managing a project
- Business Environment – highlighting the connection between projects and organization strategy
Download the New PMP Exam Content Outline (PDF)
The three domain areas will focus on predictive, agile, and hybrid approaches. The table below will help to understand the framework of the new PMP exam and the focus on each domain.
New PMP Exam Outline |
|
DOMAIN |
% WEIGHT |
Domain I. People |
42% |
Domain II. Process |
50% |
Domain III. Business Environment |
8% |
TOTAL |
100% |
There is a new term introduced in the new PMP exam content outline called “enablers”.
But what are “Domain”, “Tasks” and “Enablers” according to the new PMP exam changes.?
Domain – is the knowledge area necessary for the project management practice.
Tasks – These are the tasks to be executed by the project manager in the domain areas for the successful execution and completion of a project.
Enablers – These are Descriptive illustrations of the work associated with the task.
New PMP Exam |
|
Domains |
3 |
Tasks |
35 |
Enablers |
Yes |
Looking at the table above, one might get the impression that new PMP exam has shrunk as the objectives are fewer. It is not so, and if anything the new PMP exam will be more complex and harder as compared to the existing PMP exam. This is the main driver to prepare and appear for the PMP exam before December 2020.
While PMBOK-version 6 as the reference material has not changed for the new PMP course outline, how PMI will assess the the PMP certification exam has changed.
2. The new PMP Exam content will cover 50% Predictive Approach and 50% Agile / Hybrid Approach across all Three Exam Domains
3. Project Management Domains Aligned To Real Life Practices
Will PMBOK change?
NO. There will be no change as PMBOK® Guide Sixth Edition will continue as the reference material. You can use the PMBOK® Guide Sixth Edition till December 2020. The seventh edition of the PMBOK® Guide is expected in the second quarter of 2021.
I am preparing for the PMP Exam. How will the changes affect me?
It is strongly recommended to take the exam when you have time till December 2020 since the existing PMP exam and its patterns are well known. Post-January 2, 2021, the new PMP exam will come into effect and its not clear how the exam will be structured.
In case, you plan to take the PMP exam on or before 31 December 2020
- Follow the existing PMP course outline. There are no changes to the existing syllabus
- Continue with your studies and earn the PDUs through training or other means as prescribed by PMI
- Use the PMBOK® Guide Sixth Edition as the reference material. In addition, spend time on other learning aids and resources
- Check carefully about the safety measures and other health-related concerns before scheduling your exam. Aim to take the exam by end of October 2020 to avoid the scramble in securing a slot as there would be a jam in November and December by candidates to sit for the exam before the changeover. The 2 months of November and December are also a window to retake the exam in case you are unable to clear in the first attempt.
In case, you plan to take the PMP exam on or after 2 January 2021
- Follow the new PMP Exam Content Outline (June 2019) and become familiar with the topics on which you will be tested in the new exam.
- Follow the PMBOK® Guide Sixth Edition for your studies. The PMBOK® Guide Sixth Edition holds good for the new PMP exam.
- In addition, you need to Study The Agile Practice Guide and agile approaches.
- Check with your training provider and confirm the updated course outline and required study material aligned with the new course outline
- Check for additional study materials, learning aids and other resources
- Make a schedule any day on or after 2 January 2021 for the new PMP exam.
What happens if I have already scheduled my exam?
If you have scheduled your exam and unable to appear due to restrictions arising out of the COVID-19 or other health concerns, you can reschedule your exam at a date convenient. PMI has assured to make an arrangement with regard to exam reschedule and also extend your eligibility till 18 January 2021
Can I reschedule at this time?
Yes, you can reschedule your exam. You can check about the specific test center in your location using this PearsonVUE’s Coronavirus Update Page. You can reschedule your exam at available time slots using your online Pearson VUE account.
Can I get a refund of the fees paid?
The fees paid will be transmitted by PMI. You will also be able to reschedule your exam without any penalty charges.
How will I get to know if the exam gets canceled?
In case you have chosen Pearson VUE and paid your fees, there will be an email cancellation notice and also the refund. In case your appointment remains unchanged then expect the exam to be conducted as scheduled. Ensure you have all your safety measures in place and take all the necessary precautions.
Benchmark your current level of preparation for the current version of the PMP Exam.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information. Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or
Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Are you ready to take the first step towards getting a PMP Certification? The last day to take the current PMP Exam is December 31, 2020, and the PMP Exam is changing from January 02,2021.
By when are you planning to achieve the PMP Certification? Have you set a target to get PMP Certified before December 2020? Let us know your thoughts in the 'Comments' section below. Thank you.
Connect with iCert Global on:
Linkedin | Facebook | Twitter | Instagram | YouTube | Pinterest
Subscribe to our YouTube Channel | Subscribe to our Telegram Channel
Wish you all the best for your PMP Certification Exam Prep Training. iCert Global would be privileged to play a part in your journey towards achieving a globally recognized PMP Certification from The Project Management Institute, Inc.
Read more about PMP Exam Changes on PMI.org.
Professional Certification Training Courses from iCert Global
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Let us know your thoughts in the 'Comments' section below. Thank you.
Data Science Masters Program
Data Science Masters Program
You will learn the following courses in our Data Science Masters Program:
1. Python Statistics for Data Science Course
2. R Statistics for Data Science Course
3. Data Science Certification Course using R
4. Python Certification Training for Data Science
5. AI & Deep Learning with TensorFlow
6. Tableau Training & Certification
7. Data Science Master Program Capstone Project
8. SQL Essentials Training & Certification
9. R Programming Certification Training
10. Python Programming Certification Training
11. Scala Essentials
12. MongoDB® Training And Certification
Overview
iCert Global is offering the Data Science Masters Program which is a series of 12 courses that are designed based on data-driven strategies of the organizations. With the Data Scientist Master Program, the aspirants can gain hands-on experience on python Statistics, Python Programming, R Programming, R Statistics, AI & Deep Learning with TensorFlow, Tableau, Capstone Project, SQL Essentials, Scala Essentials, and MongoDB®.
Program Advantage
- Get certified in most in-demand Data Science field
- Enhance your analytical and statistical skills
- Expertise in the latest trend of Data Science
- Get hands-on visualization tools
- Lucrative career path
Program Benefits
- Gain a foundational understanding of Data Science
- Enhance your understanding of the data structure used in different tools and languages.
- Understand and use the various graphics through data visualization
- Gain a basic understanding of various statistical concepts
- Understand and use hypothesis testing method to drive business decisions
- Understand and use linear, non-linear regression models, and classification techniques for data analysis
Target Audience
The top-notch data science program will be best suited for:
- IT Professionals
- Analytics Managers
- Business Analysts
- Banking and Finance Professionals
- Marketing Managers
- Network Managers
- Graduate in Bachelors or Master’s Degre
Prerequisites for Data Science Masters program
- There are no such prerequisites for taking the Data Science Masters Program
- Basic knowledge of mathematics, statistics and programming will be an added advantage.
Industry Demand
Data Scientist is the most promising job in the U.S according to LinkedIn.
- Median Base Salary: $130,000
- Job Openings (YoY Growth): 4,000+ (56%)
- Career Advancement Score (out of 10): 9
Also, the demand for Data Scientists is growing exponentially in all the industries. Out of all the openings, 19% of data science professionals jobs are secured by the Finance Industry.
According to Glassdoor.com,
Python Statistics for Data Science
Python statistics is one of the most important python built-in libraries developed for descriptive statistics.
Python statistics is all about the ability to describe, summarize, and represent data visually through comprehensive python statistics libraries. The curriculum of the course is mainly focused on the overall concept of python statistics that deals with the collection, analysis, interpretation, and presentation of masses of numerical data.
Prerequisites:
- Basic knowledge of mathematics
- Fundamental knowledge of statistics
- Basic knowledge of Python language
Target Audience:
Statisticians who want to use python for data manipulation, data exploration or statistical analysis.
Industry Demand
There is a huge demand for statisticians with python skills.
According to Payscale.com
The average annual salary to a statistician with python skill can reach up to $109k/year
R Statistics for Data Science Course
With R statistics, enhance your knowledge on statistical inference to understand and compute p-values and confidence intervals, all while analyzing data with R.
Prerequisites
There are no such prerequisites required to take up R-Statistics
- Basic programming knowledge
- Basic mathematics knowledge
Target Audience:
Statisticians who want to use python for data manipulation, data exploration or statistical analysis.
Industry demand
According to Payscale.com,
The annual salary of a statistician with R skills can earn up to $100k/year.
Data Science Certification Course using R
R is a comprehensive programming language and considered as a primary language for Data Science and it provides support for object-oriented programming with generic functions for developing web applications.
R program holds the capability of transforming any data into structured data. R language helps in complex operations with vectors, arrays, data frames as well as other data objects that have varying sizes.
Prerequisites
- Basic knowledge of R language
- Basic knowledge of statistics
Target Audience
- IT professionals interested in data science and analytics
- Software developers wanting to pursue a career in data science and analytics
- Business analytics Professionals
- Fresh graduates wanting to build in career in the Analytics space
- Experienced professionals who would like to expand their expertise in data analytics
Industry demand
There is a huge demand for data scientists with R programming skills. The annual salary of the data scientists with R skills can earn up to $126k/year
According to Payscale.com,
Python Certification Training for Data Science
Python is in a leading position in the language used by data science professionals. It is the de facto language for data science. Python has many libraries, especially for data manipulation and data analysis.
It is used to develop highly efficient and cost-effective applications. It is widely used by data scientists for data mining, web development, scientific computing, and more.
Prerequisites:
- Basics of Python language
- Basic knowledge of mathematics
Target Audience:
- Data analytics professionals working with python
- software and IT professionals
Industry Demand
As per Payscale,
The annual salary of data scientists with python skills can earn up to $130k/year.
AI & Deep Learning with TensorFlow
TensorFlow is an open-source library used to build complicated AI and Deep learning models and to manipulate the data by creating a DataFlow graph or a Computational graph. It is an end-to-end platform to deploy machine learning models.
AI and deep learning with the TensorFlow program include the concept of SoftMax function, Autoencoder Neural Networks, Restricted Boltzmann Machine (RBM) and work with libraries like Keras & TFLearn.
With this course, the learner will be able to use TensorFlow to implement deep learning functions as tools to build scalable AI-powered algorithms.
Prerequisites
There are no prerequisites to take this course. The following knowledge will be an added advantage.
- Basic programming knowledge
- Concepts about Machine Learning
- The basic concept of Deep Learning
Course benefits:
At the end of the course, you will be able to:
- Build complicated models using best practices of TensorFlow
- Build image recognition algorithms with deep neural networks and convolutional neural networks
- In-depth knowledge of Convolutional Neural Network, Recurrent Neural Network, Autoencoders
- Hands-on real-life industry-based projects
- Understanding of Machine Learning Paradigms
- Get certification
Target Audience
-
Object-Oriented application developers aspiring to become ‘Data scientists’
- Analytics Managers
- Business Analysts interested to learn Deep Learning (ML) Techniques
- Information Architects
- Data Analysts
- Software professionals who already have Big Data background
Industry Demand
TensorFlow is the most popular and in-demand tech skill. According to Forbes, TensorFlow was the top tech skill in the past three years.
The average annual salary of a TensorFlow according to Payscale.com,
Tableau Training & Certification
Tableau is a data visualization tool that transforms unstructured raw data into structured and understandable formats. Tableau enhances the speed of data analysis by visualization through dashboards and worksheets. It allows code and customizes the reports. It is easily understandable and is popular in all sectors of the industry. The best features of Tableau are:
- Data Blending
- Real-time analysis
- Collaboration of data
Tableau is integrated with over 250 applications and can extract data from simple to complicated databases like excel, pdf, oracle, Amazon Web services, Microsoft Azure SQL database, Google Cloud SQL.
The Tableau product suite consists of:
- Tableau Desktop
- Tableau Public
- Tableau Online
- Tableau Server
- Tableau Reader
Prerequisites
Tableau certification does not require any prerequisites, but preferably the following knowledge will be an added advantage:
- Basic knowledge of SQL
- Basic knowledge of DW (Data Warehousing) concepts
- Basic understanding of Microsoft Excel
- Basic knowledge of mathematics, statistics, microeconomics, and marketing
Course Benefits:
At the end of the course, you will be able to,
- Understand the transformation of unstructured data into dashboards and worksheets
- Ability to create interactive plots for business analysis
- Build dashboards for complicated data
- Work in different industries
- Higher pay
Target Audience:
Tableau users vary from beginner to intimidate level
- Model Developer
- Data Analyst
- Data Strategist
- Data Quality Operator
- Change Manager
- Data Visualization Analyst
- Workflow Integrator
- Business Intelligence Manager
- Business Intelligence Developer
Industry Demand:
There is a soaring demand for Tableau professionals in all the sectors.
According to Gartner,
For the 8th consecutive year, Tableau is positioned as a leader.
The annual salary of data analytics with Tableau skill can reach up to $89k/year.
Data Science Master Program Capstone Project
The capstone project is all about implementing data science skills in the real world. This course validates the knowledge you gained in our Data Scientist Master Program. The capstone project ensures you become a job-ready data scientist and enhances the ability to solve complex industry-aligned problems. The course involves an end to end process: preparing the data, organizing data, transforming data, constructing a model, and evaluating results.
The Data Science Master Program Capstone Project includes,
- Data Processing
- Data Wrangling
- Data Visualization
- Model building
- Model finalization
- Dashboarding the results
Prerequisites:
- The candidate must complete the iCert Global’s Data Scientist Master Program.
- In-depth knowledge of programming languages such as python and R
- Basic knowledge of data visualization tools like Tableau.
Target Audience
- Anyone who is interested in solving the industry based data science problem.
SQL Essentials Training & Certification
Structured Query Language (SQL) is one of the most sought after languages for data wrangling. Data wrangling helps the user to easily scale the process of a large volume of data. It is used to retrieve answers from stored business data.
SQL is designed to interact with data and to manipulate data in the Relational Database Management Systems (RDBMS). SQL Essential and training will enable you to code and manage database-driven applications and relational databases. SQL includes MySQL, Oracle, SQL Server, PostgreSQL, and SQLite with the same application programming interface (API).
The key features of SQL essentials include,
- Creating tables
- Defining relationships
- Manipulating strings, numbers, and dates.
- Using triggers to automate actions
- Using subselects and views.
Course benefits:
After completion of the course, you will be able to,
- Create and manage tables using Data definition language (DDL) statements
- Manipulate data using Data Manipulation Language (DML)
- Retrieve Data using the SQL select statement
- Restrict and sort data
Prerequisites
There are no prerequisites for this course.
- Basic knowledge about DBMS (Database Management System) will be an additional advantage.
- Basic knowledge of Microsoft excel
Target Audience
- Software Developer
- Student interested to become Data Analysts
- Research Professional
- Information Technology Consultant
- Information Technology Support Specialist
Industry Demand
SQL is used by the top companies. Uber, Netflix, Airbnb, Facebook, Google, and Amazon use SQL to create their own database systems.
Especially for the job posting for Data Analysts, the most in-demand listed skill in the U.S is SQL. According to the research report,
According to Payscale, the annual salary of data analysts with SQL can go up to $88k/year.
R Programming Certification Training
R Programming is an open-source programming language and analytical tool used by Data Scientists, Data Miners, Software Programmers, Statistics to facilitate the performance of statistical operations. R is most popular for its visualization libraries.
R produces portable and machine-independent code that facilitates easy debugging of errors in the code.
Prerequisites
There is no such prerequisite to learn R programming.
- Basic knowledge of mathematics and statistics will be an added advantage.
Target Audience
- Software developers
- Statisticians
- Data miners
Industry Demand
In the recent ranking on the popularity of programming languages for March 2020 by TIOBE, R is one of the top programming languages in terms of popularity.
According to Payscale.com average annual salary is drawn by a certified R programmer is:
Python Programming Certification Training
Python is a strongly-typed procedural language, interpreted, object-oriented, high-level programming language with dynamic semantics. It's high-level built-in data structures, combined with dynamic typing and dynamic binding.
According to Stack Overflow’s annual developer survey,
“Python, the fastest-growing major programming language, has risen in the ranks of programming languages in our survey yet again, edging out Java this year and standing as the second most loved language (behind Rust).”
Python is an open-source platform designed to run on Windows and Linux environments. There are python libraries developed for,
- Data manipulation
- Data Visualization
- Statistics
- Mathematics
- Machine Learning
- Natural Language Processing
Prerequisites
There is no such prerequisite to learn R programming.
- Basic knowledge of mathematics and statistics will be an added advantage.
Target Audience
- Software developers
- Statisticians
- Data miners
Industry demand
Python is considered as the top skill required for data science
Scala Essentials
The name Scala is a combination of the words “Scalable” and “Language,” Scala is a combination language of object-oriented design with functional programming. Scala uses an object-oriented design with functional programming. Scala enables data scientists to custom functions, parallel processing, and programming Spark with Scala.
Prerequisites
- Basic knowledge and experience in object-oriented languages such as Java, C#
- Basic knowledge and experience in a functional programming language (e.g. Haskell, Lisp)
- Basic understanding of database and any query language
Target Audience
- Software Developer
- Research professional
- Information Technology Engineer
Industry Demand
Scala is a highly flexible and functional language. Top companies like LinkedIn, Twitter, Netflix, Tumblr, Sony, Apple, Foursquare use scala. Scala is also used to build Android Applications and Desktop Applications.
According to Payscale,
MongoDB® Training And Certification
MongoDB is an open-source document-oriented database program. MongoDB is based on C++. It is a leading NoSQL database which means the data is not in a rational format. The data is in documents. MongoDB is used for high volume data storage.
The main feature of MongoDB is that it enables ad hoc queries and helps in searching by field, range queries, and regular expression searches.
MongoDB provides indexing, replication, and load balancing. MongoDB will help to deploy a highly scalable and performance-oriented database.
Prerequisites
- Basic understanding of database, text editor and execution of programs.
- Basic concept of RDBMS
- Basic knowledge of JavaScript programming
Target Audience
- Database Admin
- Database Server Engineer
- Database Specialist
- Data Analytics
- Visualization Engineer
- Senior Developer
- Team Lead
- Web Developer
- Applications Engineer
Industry Demand
According to ITJobsWatch,
There is an increasing demand for Certified MongoDB professionals.
According to Payscale.com
The average annual salary of Data scientist wit MongoDB skill is:
For more information on how iCert Global can help you to achieve your Data Science Certification goals, please visit our Data Science Certification Training Courses on our website.
Know more about our Professional Certification Training Courses for preparing for the above certifications.
AWS Certified Solutions Architect Certification Training Courses
Big Data Certification Training Courses
Data Science Certification Training Courses
CRISC Certification Training Courses
CISM Certification Training Courses
PMP Certification Training Courses
Free Download: PMP Practice Test with 200 Questions
CEH Certification Training Courses
CSM Certification Training Courses
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Read More
Data Science Masters Program
You will learn the following courses in our Data Science Masters Program:
1. Python Statistics for Data Science Course
2. R Statistics for Data Science Course
3. Data Science Certification Course using R
4. Python Certification Training for Data Science
5. AI & Deep Learning with TensorFlow
6. Tableau Training & Certification
7. Data Science Master Program Capstone Project
8. SQL Essentials Training & Certification
9. R Programming Certification Training
10. Python Programming Certification Training
11. Scala Essentials
12. MongoDB® Training And Certification
iCert Global is offering the Data Science Masters Program which is a series of 12 courses that are designed based on data-driven strategies of the organizations. With the Data Scientist Master Program, the aspirants can gain hands-on experience on python Statistics, Python Programming, R Programming, R Statistics, AI & Deep Learning with TensorFlow, Tableau, Capstone Project, SQL Essentials, Scala Essentials, and MongoDB®.
Program Advantage
- Get certified in most in-demand Data Science field
- Enhance your analytical and statistical skills
- Expertise in the latest trend of Data Science
- Get hands-on visualization tools
- Lucrative career path
Program Benefits
- Gain a foundational understanding of Data Science
- Enhance your understanding of the data structure used in different tools and languages.
- Understand and use the various graphics through data visualization
- Gain a basic understanding of various statistical concepts
- Understand and use hypothesis testing method to drive business decisions
- Understand and use linear, non-linear regression models, and classification techniques for data analysis
Target Audience
The top-notch data science program will be best suited for:
- IT Professionals
- Analytics Managers
- Business Analysts
- Banking and Finance Professionals
- Marketing Managers
- Network Managers
- Graduate in Bachelors or Master’s Degre
Prerequisites for Data Science Masters program
- There are no such prerequisites for taking the Data Science Masters Program
- Basic knowledge of mathematics, statistics and programming will be an added advantage.
Industry Demand
Data Scientist is the most promising job in the U.S according to LinkedIn.
- Median Base Salary: $130,000
- Job Openings (YoY Growth): 4,000+ (56%)
- Career Advancement Score (out of 10): 9
Also, the demand for Data Scientists is growing exponentially in all the industries. Out of all the openings, 19% of data science professionals jobs are secured by the Finance Industry.
According to Glassdoor.com,
Python Statistics for Data Science
Python statistics is one of the most important python built-in libraries developed for descriptive statistics.
Python statistics is all about the ability to describe, summarize, and represent data visually through comprehensive python statistics libraries. The curriculum of the course is mainly focused on the overall concept of python statistics that deals with the collection, analysis, interpretation, and presentation of masses of numerical data.
Prerequisites:
- Basic knowledge of mathematics
- Fundamental knowledge of statistics
- Basic knowledge of Python language
Target Audience:
Statisticians who want to use python for data manipulation, data exploration or statistical analysis.
Industry Demand
There is a huge demand for statisticians with python skills.
According to Payscale.com
The average annual salary to a statistician with python skill can reach up to $109k/year
R Statistics for Data Science Course
With R statistics, enhance your knowledge on statistical inference to understand and compute p-values and confidence intervals, all while analyzing data with R.
Prerequisites
There are no such prerequisites required to take up R-Statistics
- Basic programming knowledge
- Basic mathematics knowledge
Target Audience:
Statisticians who want to use python for data manipulation, data exploration or statistical analysis.
Industry demand
According to Payscale.com,
The annual salary of a statistician with R skills can earn up to $100k/year.
Data Science Certification Course using R
R is a comprehensive programming language and considered as a primary language for Data Science and it provides support for object-oriented programming with generic functions for developing web applications.
R program holds the capability of transforming any data into structured data. R language helps in complex operations with vectors, arrays, data frames as well as other data objects that have varying sizes.
Prerequisites
- Basic knowledge of R language
- Basic knowledge of statistics
Target Audience
- IT professionals interested in data science and analytics
- Software developers wanting to pursue a career in data science and analytics
- Business analytics Professionals
- Fresh graduates wanting to build in career in the Analytics space
- Experienced professionals who would like to expand their expertise in data analytics
Industry demand
There is a huge demand for data scientists with R programming skills. The annual salary of the data scientists with R skills can earn up to $126k/year
According to Payscale.com,
Python Certification Training for Data Science
Python is in a leading position in the language used by data science professionals. It is the de facto language for data science. Python has many libraries, especially for data manipulation and data analysis.
It is used to develop highly efficient and cost-effective applications. It is widely used by data scientists for data mining, web development, scientific computing, and more.
Prerequisites:
- Basics of Python language
- Basic knowledge of mathematics
Target Audience:
- Data analytics professionals working with python
- software and IT professionals
Industry Demand
As per Payscale,
The annual salary of data scientists with python skills can earn up to $130k/year.
AI & Deep Learning with TensorFlow
TensorFlow is an open-source library used to build complicated AI and Deep learning models and to manipulate the data by creating a DataFlow graph or a Computational graph. It is an end-to-end platform to deploy machine learning models.
AI and deep learning with the TensorFlow program include the concept of SoftMax function, Autoencoder Neural Networks, Restricted Boltzmann Machine (RBM) and work with libraries like Keras & TFLearn.
With this course, the learner will be able to use TensorFlow to implement deep learning functions as tools to build scalable AI-powered algorithms.
Prerequisites
There are no prerequisites to take this course. The following knowledge will be an added advantage.
- Basic programming knowledge
- Concepts about Machine Learning
- The basic concept of Deep Learning
Course benefits:
At the end of the course, you will be able to:
- Build complicated models using best practices of TensorFlow
- Build image recognition algorithms with deep neural networks and convolutional neural networks
- In-depth knowledge of Convolutional Neural Network, Recurrent Neural Network, Autoencoders
- Hands-on real-life industry-based projects
- Understanding of Machine Learning Paradigms
- Get certification
Target Audience
-
Object-Oriented application developers aspiring to become ‘Data scientists’
- Analytics Managers
- Business Analysts interested to learn Deep Learning (ML) Techniques
- Information Architects
- Data Analysts
- Software professionals who already have Big Data background
Industry Demand
TensorFlow is the most popular and in-demand tech skill. According to Forbes, TensorFlow was the top tech skill in the past three years.
The average annual salary of a TensorFlow according to Payscale.com,
Tableau Training & Certification
Tableau is a data visualization tool that transforms unstructured raw data into structured and understandable formats. Tableau enhances the speed of data analysis by visualization through dashboards and worksheets. It allows code and customizes the reports. It is easily understandable and is popular in all sectors of the industry. The best features of Tableau are:
- Data Blending
- Real-time analysis
- Collaboration of data
Tableau is integrated with over 250 applications and can extract data from simple to complicated databases like excel, pdf, oracle, Amazon Web services, Microsoft Azure SQL database, Google Cloud SQL.
The Tableau product suite consists of:
- Tableau Desktop
- Tableau Public
- Tableau Online
- Tableau Server
- Tableau Reader
Prerequisites
Tableau certification does not require any prerequisites, but preferably the following knowledge will be an added advantage:
- Basic knowledge of SQL
- Basic knowledge of DW (Data Warehousing) concepts
- Basic understanding of Microsoft Excel
- Basic knowledge of mathematics, statistics, microeconomics, and marketing
Course Benefits:
At the end of the course, you will be able to,
- Understand the transformation of unstructured data into dashboards and worksheets
- Ability to create interactive plots for business analysis
- Build dashboards for complicated data
- Work in different industries
- Higher pay
Target Audience:
Tableau users vary from beginner to intimidate level
- Model Developer
- Data Analyst
- Data Strategist
- Data Quality Operator
- Change Manager
- Data Visualization Analyst
- Workflow Integrator
- Business Intelligence Manager
- Business Intelligence Developer
Industry Demand:
There is a soaring demand for Tableau professionals in all the sectors.
According to Gartner,
For the 8th consecutive year, Tableau is positioned as a leader.
The annual salary of data analytics with Tableau skill can reach up to $89k/year.
Data Science Master Program Capstone Project
The capstone project is all about implementing data science skills in the real world. This course validates the knowledge you gained in our Data Scientist Master Program. The capstone project ensures you become a job-ready data scientist and enhances the ability to solve complex industry-aligned problems. The course involves an end to end process: preparing the data, organizing data, transforming data, constructing a model, and evaluating results.
The Data Science Master Program Capstone Project includes,
- Data Processing
- Data Wrangling
- Data Visualization
- Model building
- Model finalization
- Dashboarding the results
Prerequisites:
- The candidate must complete the iCert Global’s Data Scientist Master Program.
- In-depth knowledge of programming languages such as python and R
- Basic knowledge of data visualization tools like Tableau.
Target Audience
- Anyone who is interested in solving the industry based data science problem.
SQL Essentials Training & Certification
Structured Query Language (SQL) is one of the most sought after languages for data wrangling. Data wrangling helps the user to easily scale the process of a large volume of data. It is used to retrieve answers from stored business data.
SQL is designed to interact with data and to manipulate data in the Relational Database Management Systems (RDBMS). SQL Essential and training will enable you to code and manage database-driven applications and relational databases. SQL includes MySQL, Oracle, SQL Server, PostgreSQL, and SQLite with the same application programming interface (API).
The key features of SQL essentials include,
- Creating tables
- Defining relationships
- Manipulating strings, numbers, and dates.
- Using triggers to automate actions
- Using subselects and views.
Course benefits:
After completion of the course, you will be able to,
- Create and manage tables using Data definition language (DDL) statements
- Manipulate data using Data Manipulation Language (DML)
- Retrieve Data using the SQL select statement
- Restrict and sort data
Prerequisites
There are no prerequisites for this course.
- Basic knowledge about DBMS (Database Management System) will be an additional advantage.
- Basic knowledge of Microsoft excel
Target Audience
- Software Developer
- Student interested to become Data Analysts
- Research Professional
- Information Technology Consultant
- Information Technology Support Specialist
Industry Demand
SQL is used by the top companies. Uber, Netflix, Airbnb, Facebook, Google, and Amazon use SQL to create their own database systems.
Especially for the job posting for Data Analysts, the most in-demand listed skill in the U.S is SQL. According to the research report,
According to Payscale, the annual salary of data analysts with SQL can go up to $88k/year.
R Programming Certification Training
R Programming is an open-source programming language and analytical tool used by Data Scientists, Data Miners, Software Programmers, Statistics to facilitate the performance of statistical operations. R is most popular for its visualization libraries.
R produces portable and machine-independent code that facilitates easy debugging of errors in the code.
Prerequisites
There is no such prerequisite to learn R programming.
- Basic knowledge of mathematics and statistics will be an added advantage.
Target Audience
- Software developers
- Statisticians
- Data miners
Industry Demand
In the recent ranking on the popularity of programming languages for March 2020 by TIOBE, R is one of the top programming languages in terms of popularity.
According to Payscale.com average annual salary is drawn by a certified R programmer is:
Python Programming Certification Training
Python is a strongly-typed procedural language, interpreted, object-oriented, high-level programming language with dynamic semantics. It's high-level built-in data structures, combined with dynamic typing and dynamic binding.
According to Stack Overflow’s annual developer survey,
“Python, the fastest-growing major programming language, has risen in the ranks of programming languages in our survey yet again, edging out Java this year and standing as the second most loved language (behind Rust).”
Python is an open-source platform designed to run on Windows and Linux environments. There are python libraries developed for,
- Data manipulation
- Data Visualization
- Statistics
- Mathematics
- Machine Learning
- Natural Language Processing
Prerequisites
There is no such prerequisite to learn R programming.
- Basic knowledge of mathematics and statistics will be an added advantage.
Target Audience
- Software developers
- Statisticians
- Data miners
Industry demand
Python is considered as the top skill required for data science
Scala Essentials
The name Scala is a combination of the words “Scalable” and “Language,” Scala is a combination language of object-oriented design with functional programming. Scala uses an object-oriented design with functional programming. Scala enables data scientists to custom functions, parallel processing, and programming Spark with Scala.
Prerequisites
- Basic knowledge and experience in object-oriented languages such as Java, C#
- Basic knowledge and experience in a functional programming language (e.g. Haskell, Lisp)
- Basic understanding of database and any query language
Target Audience
- Software Developer
- Research professional
- Information Technology Engineer
Industry Demand
Scala is a highly flexible and functional language. Top companies like LinkedIn, Twitter, Netflix, Tumblr, Sony, Apple, Foursquare use scala. Scala is also used to build Android Applications and Desktop Applications.
According to Payscale,
MongoDB® Training And Certification
MongoDB is an open-source document-oriented database program. MongoDB is based on C++. It is a leading NoSQL database which means the data is not in a rational format. The data is in documents. MongoDB is used for high volume data storage.
The main feature of MongoDB is that it enables ad hoc queries and helps in searching by field, range queries, and regular expression searches.
MongoDB provides indexing, replication, and load balancing. MongoDB will help to deploy a highly scalable and performance-oriented database.
Prerequisites
- Basic understanding of database, text editor and execution of programs.
- Basic concept of RDBMS
- Basic knowledge of JavaScript programming
Target Audience
- Database Admin
- Database Server Engineer
- Database Specialist
- Data Analytics
- Visualization Engineer
- Senior Developer
- Team Lead
- Web Developer
- Applications Engineer
Industry Demand
According to ITJobsWatch,
There is an increasing demand for Certified MongoDB professionals.
According to Payscale.com
The average annual salary of Data scientist wit MongoDB skill is:
For more information on how iCert Global can help you to achieve your Data Science Certification goals, please visit our Data Science Certification Training Courses on our website.
Know more about our Professional Certification Training Courses for preparing for the above certifications.
AWS Certified Solutions Architect Certification Training Courses
Big Data Certification Training Courses
Data Science Certification Training Courses
CRISC Certification Training Courses
CISM Certification Training Courses
PMP Certification Training Courses
Free Download: PMP Practice Test with 200 Questions
CEH Certification Training Courses
CSM Certification Training Courses
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Introduction to R Programming for Data Science
R Programming is an open-source programming language and analytical tool used by Data Scientists, Data Miners, Software Programmers, Statistics to facilitate the performance of statistical operations. R programming is one of the most popular languages used for Data Analytics.
In the recent ranking on the popularity of programming languages for March 2021 by TIOBE, R is one of the top programming languages in terms of popularity. R is used in many sectors of the industries such as,
- Finance
- Banking
- Healthcare
- Healthcare
- Social Media
- E-Commerce
- Manufacturing
As mentioned before, R is an open-source programming language and can be obtained for free from the website: www.r-project.org and the packages available for free are called CRAN.
Command lines are to be followed and executed by the user in a prompt.
The R project was developed by Ross Ihaka and Robert Gentleman and released in 1992, its first version in 1995 and a stable beta version in the year 2000.
The final release of the recent version of R-Programming, R version 4.0.0 (Arbor Day) prerelease versions is expected on 04.24.2020
What are the features of R-Programming in Data Science?
The features of R-Programming are:
- R is a comprehensive programming language and considered as a primary language for Data Science and it provides support for object-oriented programming with generic functions for developing web applications.
- In order to facilitate programming with functions, there are more than 10,000 packages in the repository of R programming to help in different fields that deal with data.
- R is an interpreter based language and makes the development of code easier.
- R produces portable and machine-independent code that facilitates easy debugging of errors in the code.
- R language helps in complex operations with vectors, arrays, data frames as well as other data objects that have varying sizes.
- R can be integrated with other technologies such as Hadoop and programming languages like C, C++, Python, Java, FORTRAN, and JavaScript.
- R packages can be installed and used on any OS in any software environment.
How to perform data analysis through R programming?
The following steps are to be followed to perform data analysis through R programming:
- Import
- Transform
- Visualize
- Model
- Communicate
Import: The first step is to import data stored in files, databases, HTML tables to the R environment. To perform data analysis it is required to convert or import all the stored data into R data.
Transform: The data collected is transformed into tabular form. The columns of the table are made variable by keeping rows for an observation.
Visualize: In this step, the graphical representation of the data is used to make the data more understandable. The graphical representation of the data helps in recognizing the pattern and allows to convey the information quickly.
Model: Models are created as a complementary tool for visualization. These models are used to answer the question related to the observations. The models are computational tools.
Communicate: In this step, the results obtained from visualization and models are communicated to others. It enables the user to produce well-designed print- quality plots for sharing.
What are the advantages of R programming?
The various advantages of the R programming language are:
Open-source
R is an open-source programming language. The user can even customize the packages, resolve the issues or generate a new package.
Support for Data Wrangling
R program holds the capability of transforming any data into structured data. The packages like dplyr, readr can support Data Wrangling. Data wrangling helps the user to easily scale the process of large volume of data.
Array of Packages
There are more than 10,000 packages in the CRAN repository and it is constantly growing. The packages are available for all the industries.
Quality Plotting and Graphing
R facilitates quality plotting and graphing. The popular libraries like ggplot2 and plotly provides visually appealing graphs
Highly compatible
R is highly compatible and can be integrated with many other programming languages like C, C++, Java, and Python. It can also be integrated with technologies like Hadoop and various other database management systems.
Platform-Independent language
R is a platform-independent language. R is a cross-platform programming language and can be used on Windows, Linux, and Mac.
High-quality reports
The reports can be created embedded with data, plots and R scripts easily using packages life shiny and markdown. Interactive web apps can be created to customize the report according to the requirement.
Machine Learning Operations
R programming enables machine learning operations like classification, regression and also provides features for developing artificial neural networks.
Statistics
R is known as the lingua franca of statistics. It is mainly used to create statistical tools.
Continuously evolving language
R is a constantly evolving programming language. R has a strong user base and will continue to grow in the future.
What are the job opportunities for R Programmers?
R is a constantly evolving language and there is a huge demand for certified R programmers all over the world. It is one of the most popular programming languages used by Data Scientists.
According to KDnuggets,
There are about 50,000 R programmers in the world. The US has over 25% of all R programmers. The second position is India, with about 4000 to 6000 R Programmers (the US has twice this number or a bit more). Canada has over 1000 R Programmers.
R programming is not only used in the IT sector. There are many industries using R programming to transform the problems into solutions. The industries in which the R programming is in demand are:
R programming is one of the most used languages among data scientists. It is used for statistical inference, data analysis, and Machine Learning.
According to a survey conducted by KCnuggets,
Almost 60 % of 7955 respondents prefer R Programming language.
According to Payscale.com average annual salary is drawn by a certified R programmer is:
For more information on how iCert Global can help you to achieve your Data Science Certification goals, please visit our Data Science Certification Training Courses on our website.
The Data Scientist certification validates data scientist’s knowledge on SAS, R, Hadoop, Python and Spark and how to use data concepts such as data exploration, visualization hypothesis testing, and predictive analytics. There is a huge demand for Data Scientists in industries like Aerospace industry, IT industry, e-commerce industry, and healthcare industry.
Know more about our Professional Certification Training Courses for preparing for the above certifications.
AWS Certified Solutions Architect Certification Training Courses
Big Data Certification Training Courses
Data Science Certification Training Courses
CRISC Certification Training Courses
CISM Certification Training Courses
PMP Certification Training Courses
Free Download: PMP Practice Test with 200 Questions
CEH Certification Training Courses
CSM Certification Training Courses
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Read More
R Programming is an open-source programming language and analytical tool used by Data Scientists, Data Miners, Software Programmers, Statistics to facilitate the performance of statistical operations. R programming is one of the most popular languages used for Data Analytics.
In the recent ranking on the popularity of programming languages for March 2021 by TIOBE, R is one of the top programming languages in terms of popularity. R is used in many sectors of the industries such as,
- Finance
- Banking
- Healthcare
- Healthcare
- Social Media
- E-Commerce
- Manufacturing
As mentioned before, R is an open-source programming language and can be obtained for free from the website: www.r-project.org and the packages available for free are called CRAN.
Command lines are to be followed and executed by the user in a prompt.
The R project was developed by Ross Ihaka and Robert Gentleman and released in 1992, its first version in 1995 and a stable beta version in the year 2000.
The final release of the recent version of R-Programming, R version 4.0.0 (Arbor Day) prerelease versions is expected on 04.24.2020
What are the features of R-Programming in Data Science?
The features of R-Programming are:
- R is a comprehensive programming language and considered as a primary language for Data Science and it provides support for object-oriented programming with generic functions for developing web applications.
- In order to facilitate programming with functions, there are more than 10,000 packages in the repository of R programming to help in different fields that deal with data.
- R is an interpreter based language and makes the development of code easier.
- R produces portable and machine-independent code that facilitates easy debugging of errors in the code.
- R language helps in complex operations with vectors, arrays, data frames as well as other data objects that have varying sizes.
- R can be integrated with other technologies such as Hadoop and programming languages like C, C++, Python, Java, FORTRAN, and JavaScript.
- R packages can be installed and used on any OS in any software environment.
How to perform data analysis through R programming?
The following steps are to be followed to perform data analysis through R programming:
- Import
- Transform
- Visualize
- Model
- Communicate
Import: The first step is to import data stored in files, databases, HTML tables to the R environment. To perform data analysis it is required to convert or import all the stored data into R data.
Transform: The data collected is transformed into tabular form. The columns of the table are made variable by keeping rows for an observation.
Visualize: In this step, the graphical representation of the data is used to make the data more understandable. The graphical representation of the data helps in recognizing the pattern and allows to convey the information quickly.
Model: Models are created as a complementary tool for visualization. These models are used to answer the question related to the observations. The models are computational tools.
Communicate: In this step, the results obtained from visualization and models are communicated to others. It enables the user to produce well-designed print- quality plots for sharing.
What are the advantages of R programming?
The various advantages of the R programming language are:
Open-source
R is an open-source programming language. The user can even customize the packages, resolve the issues or generate a new package.
Support for Data Wrangling
R program holds the capability of transforming any data into structured data. The packages like dplyr, readr can support Data Wrangling. Data wrangling helps the user to easily scale the process of large volume of data.
Array of Packages
There are more than 10,000 packages in the CRAN repository and it is constantly growing. The packages are available for all the industries.
Quality Plotting and Graphing
R facilitates quality plotting and graphing. The popular libraries like ggplot2 and plotly provides visually appealing graphs
Highly compatible
R is highly compatible and can be integrated with many other programming languages like C, C++, Java, and Python. It can also be integrated with technologies like Hadoop and various other database management systems.
Platform-Independent language
R is a platform-independent language. R is a cross-platform programming language and can be used on Windows, Linux, and Mac.
High-quality reports
The reports can be created embedded with data, plots and R scripts easily using packages life shiny and markdown. Interactive web apps can be created to customize the report according to the requirement.
Machine Learning Operations
R programming enables machine learning operations like classification, regression and also provides features for developing artificial neural networks.
Statistics
R is known as the lingua franca of statistics. It is mainly used to create statistical tools.
Continuously evolving language
R is a constantly evolving programming language. R has a strong user base and will continue to grow in the future.
What are the job opportunities for R Programmers?
R is a constantly evolving language and there is a huge demand for certified R programmers all over the world. It is one of the most popular programming languages used by Data Scientists.
According to KDnuggets,
There are about 50,000 R programmers in the world. The US has over 25% of all R programmers. The second position is India, with about 4000 to 6000 R Programmers (the US has twice this number or a bit more). Canada has over 1000 R Programmers.
R programming is not only used in the IT sector. There are many industries using R programming to transform the problems into solutions. The industries in which the R programming is in demand are:
R programming is one of the most used languages among data scientists. It is used for statistical inference, data analysis, and Machine Learning.
According to a survey conducted by KCnuggets,
Almost 60 % of 7955 respondents prefer R Programming language.
According to Payscale.com average annual salary is drawn by a certified R programmer is:
For more information on how iCert Global can help you to achieve your Data Science Certification goals, please visit our Data Science Certification Training Courses on our website.
The Data Scientist certification validates data scientist’s knowledge on SAS, R, Hadoop, Python and Spark and how to use data concepts such as data exploration, visualization hypothesis testing, and predictive analytics. There is a huge demand for Data Scientists in industries like Aerospace industry, IT industry, e-commerce industry, and healthcare industry.
Know more about our Professional Certification Training Courses for preparing for the above certifications.
AWS Certified Solutions Architect Certification Training Courses
Big Data Certification Training Courses
Data Science Certification Training Courses
CRISC Certification Training Courses
CISM Certification Training Courses
PMP Certification Training Courses
Free Download: PMP Practice Test with 200 Questions
CEH Certification Training Courses
CSM Certification Training Courses
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
What Will Be The Job Scenario for Data Science in 2021?
Data Scientist is one of the most in-demand professions. Data is generated at a rapid pace in recent times. Data scientists are a true asset to the organizations nowadays to extract, understand, analyze, process, visualize and communicate the huge amount of data generated every day. The top companies like Google, Amazon, and Visa are using Data Science in order to optimize themselves and to address their rapidly expanding data.
According to Raconteur,
By 2025, it is predicted that 463 exabytes of data will be created each day globally — that’s the equivalent of 212,765,957 DVDs per day.
Every day,
- 500 million tweets are sent
- 294 billion emails are sent
- 4 petabytes of data are created on Facebook
- 4 terabytes of data are created from each connected car
- 65 billion messages are sent on WhatsApp
- 5 billion searches are made
Due to the huge data created, there is a huge demand for data science professionals to manage the data.
The data science job vacancy has experienced rapid growth in recent years as shown below.
(Image Source: IT Jobs Watch)
According to IBM, an increment of 3,64,000 to 2,720,000 openings will be generated in 2021. The demand will only grow further to astonishing 7,00,000 openings.
The role of data scientists and business analysts is more sought after in the U.S.A.
Data science is a broad spectrum. The roles in the data science field in demand are:
- Data Engineer
- Data Administrator
- Machine Learning Engineer
- Statistician
- Data and Analytics Manager
Which sector of the industry has a high demand for Data Science Professionals in 2021?
The demand for Data Scientists is growing exponentially in all the industries. Out of all the openings, 19% of data science professionals job is secured by the Finance Industry.
- Finance and Banking industry: Data Science is used in risk analytics, real-time analytics, fraud detection, algorithmic trading, customer analytics, customer data management, Algorithmic Trading. There is a demand for data scientists due to the huge amount of data created.
- Healthcare: Data Science is used for predictive diagnosis, medical imaging, drug discovery, genetics.
- Airline and Aviation Industry: companies use data science to improve their services like customer experience, fix flight schedules, safety data, route optimization, preventive maintenance, etc.
- Manufacturing Industry: Data Science is used for optimizing production, reducing cost, and boosting profits.
- Transportation Industry: Data Science is used for an extensive analysis of fuel consumption patterns, driver behavior, and active vehicle monitoring.
- E-commerce and Retail industries: Data Science is used for identifying potential customer base, optimizing pricing structure, predictive analysis for forecasting and knowing the recent trends.
Which job roles in Data Science are in demand for 2021?
1. Data Architect — The data architect develops architecture effectively to organize, integrate, centralize and maintain data. There is a tremendous demand for data architects.
Skills required: Pattern recognition, clustering for handling data, text mining JavaScript frameworks like HTML5, RESTful services, Spark, Python, Hive, Kafka, and CSS
According to Glassdoor.com,
The average annual salary of a Data Architect is $115K/year.:
2. Data Engineer — Develops, tests and maintains data architectures to keep data ready for analysis. They mainly focus on development, deployment, management, optimization of data pipelines and infrastructure to transform and transfer data to data scientists for further analysis
Skills required: Programming languages (Java, Scala), NoSQL databases (MongoDB, Cassandra DB), frameworks (Apache Hadoop)
According to Glassdoor.com,
3. Data Analyst — The data analysts process and interpret the data to understand and analyze the insights from structured and unstructured data.
Data analysts are responsible for translating technical analysis to qualitative action items.
Skills required: Programming skills (SAS, R, Python), statistical and mathematical skills, data wrangling, data visualization
According to Glassdoor.com,
4. Data Scientist — Once the analysis is done, the technical aspects required are taken care of by data scientists. Data scientists are used to source, manage, and analyze large amounts of unstructured data.
Skills Required: Statistical and Mathematical skills, Programming skills (SAS, R, Python), Storytelling and Data Visualization, Hadoop, SQL, Machine Learning
According to Glassdoor.com,
According to Data Science Salary Report 2020 Europe by Big Cloud,
The salaries of data science professionals are highest in Switzerland for different Data Science Professionals.
For more information on how iCert Global can help you to achieve your Data Science Certification goals, please visit our Data Science Certification Training Courses on our website.
The Data Scientist certification validates data scientist’s knowledge on SAS, R, Hadoop, Python and Spark and how to use data concepts such as data exploration, visualization hypothesis testing, and predictive analytics. There is a huge demand for Data Scientists in industries like Aerospace industry, IT industry, e-commerce industry, and healthcare industry.
Know more about our Professional Certification Training Courses for preparing for the above certifications.
AWS Certified Solutions Architect Certification Training Courses
Big Data Certification Training Courses
Data Science Certification Training Courses
CRISC Certification Training Courses
CISM Certification Training Courses
PMP Certification Training Courses
Free Download: PMP Practice Test with 200 Questions
CEH Certification Training Courses
CSM Certification Training Courses
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Read More
Data Scientist is one of the most in-demand professions. Data is generated at a rapid pace in recent times. Data scientists are a true asset to the organizations nowadays to extract, understand, analyze, process, visualize and communicate the huge amount of data generated every day. The top companies like Google, Amazon, and Visa are using Data Science in order to optimize themselves and to address their rapidly expanding data.
According to Raconteur,
By 2025, it is predicted that 463 exabytes of data will be created each day globally — that’s the equivalent of 212,765,957 DVDs per day.
Every day,
- 500 million tweets are sent
- 294 billion emails are sent
- 4 petabytes of data are created on Facebook
- 4 terabytes of data are created from each connected car
- 65 billion messages are sent on WhatsApp
- 5 billion searches are made
Due to the huge data created, there is a huge demand for data science professionals to manage the data.
The data science job vacancy has experienced rapid growth in recent years as shown below.
(Image Source: IT Jobs Watch)
According to IBM, an increment of 3,64,000 to 2,720,000 openings will be generated in 2021. The demand will only grow further to astonishing 7,00,000 openings.
The role of data scientists and business analysts is more sought after in the U.S.A.
Data science is a broad spectrum. The roles in the data science field in demand are:
- Data Engineer
- Data Administrator
- Machine Learning Engineer
- Statistician
- Data and Analytics Manager
Which sector of the industry has a high demand for Data Science Professionals in 2021?
The demand for Data Scientists is growing exponentially in all the industries. Out of all the openings, 19% of data science professionals job is secured by the Finance Industry.
- Finance and Banking industry: Data Science is used in risk analytics, real-time analytics, fraud detection, algorithmic trading, customer analytics, customer data management, Algorithmic Trading. There is a demand for data scientists due to the huge amount of data created.
- Healthcare: Data Science is used for predictive diagnosis, medical imaging, drug discovery, genetics.
- Airline and Aviation Industry: companies use data science to improve their services like customer experience, fix flight schedules, safety data, route optimization, preventive maintenance, etc.
- Manufacturing Industry: Data Science is used for optimizing production, reducing cost, and boosting profits.
- Transportation Industry: Data Science is used for an extensive analysis of fuel consumption patterns, driver behavior, and active vehicle monitoring.
- E-commerce and Retail industries: Data Science is used for identifying potential customer base, optimizing pricing structure, predictive analysis for forecasting and knowing the recent trends.
Which job roles in Data Science are in demand for 2021?
1. Data Architect — The data architect develops architecture effectively to organize, integrate, centralize and maintain data. There is a tremendous demand for data architects.
Skills required: Pattern recognition, clustering for handling data, text mining JavaScript frameworks like HTML5, RESTful services, Spark, Python, Hive, Kafka, and CSS
According to Glassdoor.com,
The average annual salary of a Data Architect is $115K/year.:
2. Data Engineer — Develops, tests and maintains data architectures to keep data ready for analysis. They mainly focus on development, deployment, management, optimization of data pipelines and infrastructure to transform and transfer data to data scientists for further analysis
Skills required: Programming languages (Java, Scala), NoSQL databases (MongoDB, Cassandra DB), frameworks (Apache Hadoop)
According to Glassdoor.com,
3. Data Analyst — The data analysts process and interpret the data to understand and analyze the insights from structured and unstructured data.
Data analysts are responsible for translating technical analysis to qualitative action items.
Skills required: Programming skills (SAS, R, Python), statistical and mathematical skills, data wrangling, data visualization
According to Glassdoor.com,
4. Data Scientist — Once the analysis is done, the technical aspects required are taken care of by data scientists. Data scientists are used to source, manage, and analyze large amounts of unstructured data.
Skills Required: Statistical and Mathematical skills, Programming skills (SAS, R, Python), Storytelling and Data Visualization, Hadoop, SQL, Machine Learning
According to Glassdoor.com,
According to Data Science Salary Report 2020 Europe by Big Cloud,
The salaries of data science professionals are highest in Switzerland for different Data Science Professionals.
For more information on how iCert Global can help you to achieve your Data Science Certification goals, please visit our Data Science Certification Training Courses on our website.
The Data Scientist certification validates data scientist’s knowledge on SAS, R, Hadoop, Python and Spark and how to use data concepts such as data exploration, visualization hypothesis testing, and predictive analytics. There is a huge demand for Data Scientists in industries like Aerospace industry, IT industry, e-commerce industry, and healthcare industry.
Know more about our Professional Certification Training Courses for preparing for the above certifications.
AWS Certified Solutions Architect Certification Training Courses
Big Data Certification Training Courses
Data Science Certification Training Courses
CRISC Certification Training Courses
CISM Certification Training Courses
PMP Certification Training Courses
Free Download: PMP Practice Test with 200 Questions
CEH Certification Training Courses
CSM Certification Training Courses
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Top 5 Data Science Trends in 2021
Top 5 Data Science Trends in 2021 are:
- AI in Data Science
- Deep Learning in Data Science
- ML in Data Science
- Python, the fastest-growing major programming language
- Demand for Data Security Professionals
In today’s exponentially growing data-driven world, organizations are going through major transformations. Organizations rely on digital technologies. Data science has become an integral part of the organizations now. The decisions are taken based on the real data-driven facts. The main aim of data science is to integrate the data into the business process.
According to Google Search Trends,
The interest in Data Science has increased significantly in the past 5 years
The Top 5 Data Science Trends in 2021 are:
- AI in Data Science
- Machine Learning in Data Science
- Deep Learning in Data Science
- Python, the fastest-growing major programming language
- Demand for Data Security Professionals
AI in Data Science
Artificial intelligence in Data Science is used to acquire insights from data through intelligence. AI is a tool that helps data science get results and solutions for specific problems. Data storing, cleaning, exploring and modeling the data takes a lot of time. Artificial intelligence helps organizations in handling the data and improve the overall business process. In the future, advanced AI will be applied in all fields. Artificial Intelligence makes the use of algorithms to perform autonomous actions.
According to McKinsey,
Amazon has achieved impressive results from its $775 million acquisition of Kiva, a robotics company that automates picking and packing.
Netflix has also achieved impressive results from the algorithm it uses to personalize recommendations to its 100 million subscribers worldwide.
Machine Learning in Data Science
Machine Learning automates the data analytical model building by turning the information to knowledge. With the explosion of data in recent times, it is difficult to bring new predictive models. Machine learning is used to analyze a large number of data. Machine learning develops fast algorithms and data-driven models for real-time processing data.
The adoption of Machine learning is reaching new heights.
According to Statista.com,
- 1/3 of IT leaders are planning to use ML for business analytics.
- 25% of IT leaders plan to use ML for security purposes
- 16% of IT leaders want to use ML in sales and marketing
Deep Learning in Data Science
Deep learning is a technique of machine learning. ML uses deep learning as the powerhouse between Artificial Intelligence and Data Science. It strengthens the process of AI. The process of deep learning requires a lot of learning and implementation. Google uses deep learning to deliver solutions. The various applications google use deep learning is
Google Deepmind’s AlphaGo
DeepMind’s WaveNet
Google Translate
Google PlaNet
According to teks.co.in,
- The estimated value of the US deep learning software market in 2025 is $935 million
- The estimated compound annual growth rate of the US deep learning market in 2025 is 42%
Python, the fastest-growing major programming language
Python is in a leading position in the language used by data science professionals. It is the de facto language for data science.
According to Stack Overflow’s annual developer survey,
“Python, the fastest-growing major programming language, has risen in the ranks of programming languages in our survey yet again, edging out Java this year and standing as the second most loved language (behind Rust).”
Python is an open-source platform designed to run on Windows and Linux environments. There are python libraries developed for,
- Data manipulation
- Data Visualization
- Statistics
- Mathematics
- Machine Learning
- Natural Language Processing
Python is considered as the top skill required for data science:
Demand for Data Security Professionals
In any organization, data privacy and data security is very important. The more the data, the more concerned about data theft. Data generation is very high due to IoT. In order to control data thefts and its impact, the GDPR – General Data Protection Regulation, was passed by states of the European Union in May 2018. It has also been reported that such regulation for data protection shall again be passed by California in 2020.
Due to this, there is a huge demand for Data Security Professionals.
According to ZDNet,
For more information on how iCert Global can help you to achieve your Data Science Certification goals, please visit our Data Science Certification Training Courses on our website.
The Data Scientist certification validates data scientist’s knowledge on SAS, R, Hadoop, Python and Spark and how to use data concepts such as data exploration, visualization hypothesis testing, and predictive analytics. There is a huge demand for Data Scientists in industries like Aerospace industry, IT industry, e-commerce industry, and healthcare industry.
Know more about our Professional Certification Training Courses for preparing for the above certifications.
AWS Certified Solutions Architect Certification Training Courses
Big Data Certification Training Courses
Data Science Certification Training Courses
CRISC Certification Training Course
CISM Certification Training Courses
PMP Certification Training Courses
Free Download: PMP Practice Test with 200 Questions
CEH Certification Training Courses
CSM Certification Training Courses
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Read More
Top 5 Data Science Trends in 2021 are:
- AI in Data Science
- Deep Learning in Data Science
- ML in Data Science
- Python, the fastest-growing major programming language
- Demand for Data Security Professionals
In today’s exponentially growing data-driven world, organizations are going through major transformations. Organizations rely on digital technologies. Data science has become an integral part of the organizations now. The decisions are taken based on the real data-driven facts. The main aim of data science is to integrate the data into the business process.
According to Google Search Trends,
The interest in Data Science has increased significantly in the past 5 years
The Top 5 Data Science Trends in 2021 are:
- AI in Data Science
- Machine Learning in Data Science
- Deep Learning in Data Science
- Python, the fastest-growing major programming language
- Demand for Data Security Professionals
AI in Data Science
Artificial intelligence in Data Science is used to acquire insights from data through intelligence. AI is a tool that helps data science get results and solutions for specific problems. Data storing, cleaning, exploring and modeling the data takes a lot of time. Artificial intelligence helps organizations in handling the data and improve the overall business process. In the future, advanced AI will be applied in all fields. Artificial Intelligence makes the use of algorithms to perform autonomous actions.
According to McKinsey,
Amazon has achieved impressive results from its $775 million acquisition of Kiva, a robotics company that automates picking and packing.
Netflix has also achieved impressive results from the algorithm it uses to personalize recommendations to its 100 million subscribers worldwide.
Machine Learning in Data Science
Machine Learning automates the data analytical model building by turning the information to knowledge. With the explosion of data in recent times, it is difficult to bring new predictive models. Machine learning is used to analyze a large number of data. Machine learning develops fast algorithms and data-driven models for real-time processing data.
The adoption of Machine learning is reaching new heights.
According to Statista.com,
- 1/3 of IT leaders are planning to use ML for business analytics.
- 25% of IT leaders plan to use ML for security purposes
- 16% of IT leaders want to use ML in sales and marketing
Deep Learning in Data Science
Deep learning is a technique of machine learning. ML uses deep learning as the powerhouse between Artificial Intelligence and Data Science. It strengthens the process of AI. The process of deep learning requires a lot of learning and implementation. Google uses deep learning to deliver solutions. The various applications google use deep learning is
Google Deepmind’s AlphaGo
DeepMind’s WaveNet
Google Translate
Google PlaNet
According to teks.co.in,
- The estimated value of the US deep learning software market in 2025 is $935 million
- The estimated compound annual growth rate of the US deep learning market in 2025 is 42%
Python, the fastest-growing major programming language
Python is in a leading position in the language used by data science professionals. It is the de facto language for data science.
According to Stack Overflow’s annual developer survey,
“Python, the fastest-growing major programming language, has risen in the ranks of programming languages in our survey yet again, edging out Java this year and standing as the second most loved language (behind Rust).”
Python is an open-source platform designed to run on Windows and Linux environments. There are python libraries developed for,
- Data manipulation
- Data Visualization
- Statistics
- Mathematics
- Machine Learning
- Natural Language Processing
Python is considered as the top skill required for data science:
Demand for Data Security Professionals
In any organization, data privacy and data security is very important. The more the data, the more concerned about data theft. Data generation is very high due to IoT. In order to control data thefts and its impact, the GDPR – General Data Protection Regulation, was passed by states of the European Union in May 2018. It has also been reported that such regulation for data protection shall again be passed by California in 2020.
Due to this, there is a huge demand for Data Security Professionals.
According to ZDNet,
For more information on how iCert Global can help you to achieve your Data Science Certification goals, please visit our Data Science Certification Training Courses on our website.
The Data Scientist certification validates data scientist’s knowledge on SAS, R, Hadoop, Python and Spark and how to use data concepts such as data exploration, visualization hypothesis testing, and predictive analytics. There is a huge demand for Data Scientists in industries like Aerospace industry, IT industry, e-commerce industry, and healthcare industry.
Know more about our Professional Certification Training Courses for preparing for the above certifications.
AWS Certified Solutions Architect Certification Training Courses
Big Data Certification Training Courses
Data Science Certification Training Courses
CRISC Certification Training Course
CISM Certification Training Courses
PMP Certification Training Courses
Free Download: PMP Practice Test with 200 Questions
CEH Certification Training Courses
CSM Certification Training Courses
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
What is the Future of Data Science in 2021?
The future of data science in 2021 is listed below:
- Extended data-driven strategies
- Data Privacy Regulations
- Clearly Defined Roles
- Artificial Intelligence for Data
- Minimized Codes using ML
- Application Programming Interface (APIs)
Data science is all about developing methods to record, store and analyze the data effectively. The main aim of data science is to extract the data and obtain insights and knowledge from both structured and unstructured data. Data science is a concept that covers the entire scope of data collection and processing.
Data science involves various tools, statistics, algorithms, and machine learning principles in order to obtain and understand the data from complex and large data sets through the context of mathematics, statistics, computer science, and information science.
In the current scenario, every day 2.5 quintillion bytes of data are generated around the world. Data generation has rapidly increased in recent times due to the Internet of Things (IoT).
According to the Paris 21 report 2019,
“90 percent of the world’s data has been generated in only the last two years.”
The top companies like Google, Amazon, and Visa are using Data Science in order to optimize themselves and to address their rapidly expanding data.
There is a huge demand for certified Data Scientists. According to Forbes,
“By 2021, the number of jobs for all US data professionals will increase by 364,000 openings to 2,720,000 according to IBM.”
(Source: Forbes)
- According to CIO.com, Data science helped Zoomcar (Self Driven Service) capture 75% of the Indian market.
- According to GCN.com, Data science could help Californians battle future wildfires.
The future of data science in 2021 is listed below:
- Extended data-driven strategies
- Data Privacy Regulations
- Clearly defined roles
- Artificial Intelligence for data
- Minimized Codes using ML
- Application Programming Interface (APIs)
1. Extended data-driven strategies
In many organizations, the decisions are taken based on authoritarian advice or general consensus due to a lack of data processing power. Data scientists are building the system for an organization that can anticipate, predict, and even speaks.
Organizations’ inability to handle the data to analyze can harm productivity and might slow down the project progress. Data science is a quantitative approach. The adoption of data science can increase productivity.
2. Data Privacy Regulations
Data is important for any organization. The management has become more cautious while sharing any data in business. In order to control data thefts and its impact, the GDPR – General Data Protection Regulation, was passed by states of the European Union in May 2018. It has also been reported that such regulation for data protection shall again be passed by California in 2021. With the revised data privacy regulations the future of data science is very bright.
3. Clearly defined roles
Data science is a very broad stream. The roles in an organization aligned with data create a lot of confusion. Data science typically separate the data roles into 4 distinct but overlapping positions:
- Data Architect — The data architect develops architecture effectively to organize, integrate, centralize and maintain data.
- Data Engineer — Develops, tests and maintains data architectures to keep data ready for analysis.
- Data Analyst — The data analysts process and interpret the data to understand and analyze the insights from structured and unstructured data.
- Data Scientist — Once the analysis is done, the technical aspects required are taken care of by data scientists.
4. Artificial Intelligence for data
The more the data, the more difficult to manage.
According to Raconteur:
- 500 million tweets are sent
- 294 billion emails are sent
- 4 petabytes of data are created on Facebook
- 4 terabytes of data are created from each connected car
- 65 billion messages are sent on WhatsApp
- 5 billion searches are made
By 2025, it is predicted that 463 exabytes of data will be created each day globally — that’s the equivalent of 212,765,957 DVDs per day.
Managing such huge data is very difficult. Automated tools can help data scientists with Routine tasks listed below:
- Exploratory data analysis
- Data cleaning
- Statistical modeling
- Building machine learning model
5. Minimized Codes using ML
In the current state, a lot of codes are written. This doesn’t mean tools like R, Python, and Spark will not be used. Machine learning plays an important role in reducing the effort in writing complex programs. When the data is fed to machine learning systems, they will collect, clean, manipulate, label, analyze and visualize the data. This generates neural networks.
In data science, the software engineer’s role will be “data curator”.
6. Application Programming Interface (APIs)
Using the Application Programming Interface (APIs) is very useful in data science. Data scientists will be able to rapidly construct their model, build and test multiple algorithms in one go, and can visually validate results with the entire team.
In the coming future, the softwares will be crafted by visually tapping and leveraging whatever service required through API.
For more information on how iCert Global can help you to achieve your Data Science Certification goals, please visit our Data Science Certification Training Courses on our website.
The Data Scientist certification validates data scientist’s knowledge on SAS, R, Hadoop, Python and Spark and how to use data concepts such as data exploration, visualization hypothesis testing, and predictive analytics. There is a huge demand for Data Scientists in industries like Aerospace industry, IT industry, e-commerce industry, and healthcare industry.
Know more about our Professional Certification Training Courses for preparing for the above certifications.
AWS Certified Solutions Architect Certification Training Courses
Big Data Certification Training Courses
Data Science Certification Training Courses
CRISC Certification Training Courses
CISM Certification Training Courses
PMP Certification Training Courses
Free Download: PMP Practice Test with 200 Questions
CEH Certification Training Courses
CSM Certification Training Courses
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Connect with us:
- Subscribe to our YouTube Channel
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Read More
The future of data science in 2021 is listed below:
- Extended data-driven strategies
- Data Privacy Regulations
- Clearly Defined Roles
- Artificial Intelligence for Data
- Minimized Codes using ML
- Application Programming Interface (APIs)
Data science is all about developing methods to record, store and analyze the data effectively. The main aim of data science is to extract the data and obtain insights and knowledge from both structured and unstructured data. Data science is a concept that covers the entire scope of data collection and processing.
Data science involves various tools, statistics, algorithms, and machine learning principles in order to obtain and understand the data from complex and large data sets through the context of mathematics, statistics, computer science, and information science.
In the current scenario, every day 2.5 quintillion bytes of data are generated around the world. Data generation has rapidly increased in recent times due to the Internet of Things (IoT).
According to the Paris 21 report 2019,
“90 percent of the world’s data has been generated in only the last two years.”
The top companies like Google, Amazon, and Visa are using Data Science in order to optimize themselves and to address their rapidly expanding data.
There is a huge demand for certified Data Scientists. According to Forbes,
“By 2021, the number of jobs for all US data professionals will increase by 364,000 openings to 2,720,000 according to IBM.”
(Source: Forbes)
- According to CIO.com, Data science helped Zoomcar (Self Driven Service) capture 75% of the Indian market.
- According to GCN.com, Data science could help Californians battle future wildfires.
The future of data science in 2021 is listed below:
- Extended data-driven strategies
- Data Privacy Regulations
- Clearly defined roles
- Artificial Intelligence for data
- Minimized Codes using ML
- Application Programming Interface (APIs)
1. Extended data-driven strategies
In many organizations, the decisions are taken based on authoritarian advice or general consensus due to a lack of data processing power. Data scientists are building the system for an organization that can anticipate, predict, and even speaks.
Organizations’ inability to handle the data to analyze can harm productivity and might slow down the project progress. Data science is a quantitative approach. The adoption of data science can increase productivity.
2. Data Privacy Regulations
Data is important for any organization. The management has become more cautious while sharing any data in business. In order to control data thefts and its impact, the GDPR – General Data Protection Regulation, was passed by states of the European Union in May 2018. It has also been reported that such regulation for data protection shall again be passed by California in 2021. With the revised data privacy regulations the future of data science is very bright.
3. Clearly defined roles
Data science is a very broad stream. The roles in an organization aligned with data create a lot of confusion. Data science typically separate the data roles into 4 distinct but overlapping positions:
- Data Architect — The data architect develops architecture effectively to organize, integrate, centralize and maintain data.
- Data Engineer — Develops, tests and maintains data architectures to keep data ready for analysis.
- Data Analyst — The data analysts process and interpret the data to understand and analyze the insights from structured and unstructured data.
- Data Scientist — Once the analysis is done, the technical aspects required are taken care of by data scientists.
4. Artificial Intelligence for data
The more the data, the more difficult to manage.
According to Raconteur:
- 500 million tweets are sent
- 294 billion emails are sent
- 4 petabytes of data are created on Facebook
- 4 terabytes of data are created from each connected car
- 65 billion messages are sent on WhatsApp
- 5 billion searches are made
By 2025, it is predicted that 463 exabytes of data will be created each day globally — that’s the equivalent of 212,765,957 DVDs per day.
Managing such huge data is very difficult. Automated tools can help data scientists with Routine tasks listed below:
- Exploratory data analysis
- Data cleaning
- Statistical modeling
- Building machine learning model
5. Minimized Codes using ML
In the current state, a lot of codes are written. This doesn’t mean tools like R, Python, and Spark will not be used. Machine learning plays an important role in reducing the effort in writing complex programs. When the data is fed to machine learning systems, they will collect, clean, manipulate, label, analyze and visualize the data. This generates neural networks.
In data science, the software engineer’s role will be “data curator”.
6. Application Programming Interface (APIs)
Using the Application Programming Interface (APIs) is very useful in data science. Data scientists will be able to rapidly construct their model, build and test multiple algorithms in one go, and can visually validate results with the entire team.
In the coming future, the softwares will be crafted by visually tapping and leveraging whatever service required through API.
For more information on how iCert Global can help you to achieve your Data Science Certification goals, please visit our Data Science Certification Training Courses on our website.
The Data Scientist certification validates data scientist’s knowledge on SAS, R, Hadoop, Python and Spark and how to use data concepts such as data exploration, visualization hypothesis testing, and predictive analytics. There is a huge demand for Data Scientists in industries like Aerospace industry, IT industry, e-commerce industry, and healthcare industry.
Know more about our Professional Certification Training Courses for preparing for the above certifications.
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iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
What are Different Types of Project Management Leadership Styles?
There are 10 types of leadership styles a project manager should know to play an effective role in all the situations.
- Autocratic Leadership Style
- Democratic Leadership Style
- Coercive Leadership Style
- Strategic Leadership
- Laissez-faire Leadership style
- Affiliative Leadership Style
- Pacesetting Leadership Style
- Coaching Leadership Style
- Transformational Leadership Style
- Transactional Leadership style
Leadership style is a way of approaching, managing and supporting a team. Leadership style is different for every individual based on their personality. Leadership is a default trait in project managers to lead and manage a team. Each leader owns a unique style of leading and managing a team.
“One-size-fits-all” solutions do not hold good for all the projects. A multi-dimensional framework is introduced based on the fundamental practices of project management.
Leadership style is all about creating systematic work culture within an organization which contributes to the successful completion of a project. The main aspect of leadership is to apply the correct leadership style in the correct situation.
Project managers can possess effective leadership quality by the following ways that can improve the success rate of the project:
- Setting Measurable goals: The common goals are to be set by project managers. The timeframe required to reach the objective is set to accomplish the common goals.
- Social- Influence: The performance of the team can be influenced by conformity, socialization, obedience and peer pressure. The productivity of the team can be improved by improvement in work culture. The opinions, emotions, and behavior of team members are affected by the project managers.
- Clarity: Clear vision towards goal. Without a clear vision of the consequences, the team cannot be led by the project manager effectively.
- Inspire team members: Project managers should make things happen. The inspiring team is making team members work willingly.
- Motivate team: The motivated team always gives the best result. The team can be motivated by appreciation, opportunities, and rewards.
- Guidance: Project managers guide the team by providing all the required information clearly.
1. Autocratic Leadership Style
An autocratic leadership style is an authoritative style of leadership where a leader takes all the decisions without considering the team’s input. This style of leadership involves authoritarian control over the team members.
In this leadership style, the work structure is highly structured and rigid. The rules are very clearly communicated.
The main benefit of the autocratic leadership style is the decisions are made quickly with a clear chain of command.
The autocratic style of leadership can be effective when the leader is knowledgeable and skilled.
2. Democratic Leadership Style
Democratic leadership style is the inverse of the autocratic leadership style. This style involves all the team members in decision making by considering all the inputs given by them. The primary aim of the democratic leadership style is to build commitment and generate new ideas.
The democratic approach is aligned with emotional intelligence traits such as collaboration, teamwork, influence and conflict management. This style is very effective as it allows all the team members to be confident and open.
3. Coercive Leadership Style
Coercive leadership style is a highly commanding style and an authoritarian approach to team members. The leader or project manager demands immediate compliance with their orders.
This style of leadership can be described as:
“Do what I tell you.”
The main advantage of coercive leadership style is
- The leaders know to get the work done quickly
- Increases productivity
- Eliminates disobedience
- Enables team members to follow the rules and regulations of the organization
4. Strategic Leadership Style
A strategic leadership style is adopted when the leader is able to express the strategic vision to the team members and motivate them to reach the goal. The key traits if this style of leadership is the leaders are:
- Visionary
- Open
- Focused
- Courageous
- Prudent
There are 4 types of strategic leadership style:
- High Control Innovator (HCI)
- Participative Innovator(PI)
- Status Quo Guardian (SQG)
- Process Manager (PM)
A strategic leadership style focuses more on the macro-level of work. The main aim of strategic leadership is productivity and develop a positive environment in which employees or team members can focus more on the organization’s and stakeholder’s requirements.
5. Laissez-faire Leadership style
Laissez-faire Leadership style is a self-rule style empowering individuals or teams to take decisions on their own. According to Merriam-Webster, Laissez-faire is "A philosophy or practice characterized by a usually deliberate abstention from direction or interference, especially with individual freedom of choice and action."
The project management with this style has minimal communication with their team. The delegation of authority is done in this leadership style.
6. Affiliative Leadership Style
An affiliative leadership style is a very commonly used style of leadership. The leader or project manager creates an emotional bond with team members to encourage team members, promote cooperation and teamwork. It builds trust among the team. The main advantage of adopting this leadership style is that
- The leaders resolve conflicts quickly
- The top priority will always be the employees
- Reduces stress
- Positive feedbacks are given
The key characteristic of the affiliative leadership style is that the leaders are ‘Honest to a fault’ and strong communication skills.
The leader motivates the team with nurturing and praising. They make employees feel valued and recognized.
7. Pacesetting Leadership Style
Pacesetting leadership style in which the leader sets the high standard for team members’ performance. In this style, the leader is obsessed with getting the work done faster and better. This style is deployed when the team members are highly competent and motivated and well versed in their work. Pacesetting leadership style can be effective when a leader follows the below points:
- A leader should maintain a high professional level
- Should possess high knowledge
- Evaluate the performance of the team
- Know the consequences
8. Coaching Leadership Style
Coaching Leadership style is in which the leader encourages the team members to enhance their technical and personal skills and create a positive impact on the project team. The leaders or coaches guide the team members on a day to day basis and allow them to identify their strengths and weaknesses. In this style of leadership, mistakes are considered as learning opportunities.
By adopting this style of leadership, the leader can bring the best out of employees. The main advantage of adopting Coaching Leadership style is:
Positive work environment
Employee benefit
Self-development
Increase in productivity
9. Transformational Leadership Style
Transformational Leader style is adopted when a leader or a project manager works with team members to encourage, motivate and inspire the team and allow them to learn a sense of corporate culture, employee ownership and independence in the workplace.
The main aim of this style is to make team members highly motivated and inspired.
This style is best suitable where the organization practices agile and aims to remain consistent and error-free.
10. Transactional Leadership Style
Transactional Leadership style is the opposite of the Transformational leadership style. It is adopted to motivate the employees through rewards and punishments. This style requires high supervision and monitoring. Errors are closely investigated and minimized.
The transactional leadership style is suitable for organizations with routine procedures.
In this style, leaders set specific goals and provide specific directions to reach the target.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
There are 10 types of leadership styles a project manager should know to play an effective role in all the situations.
- Autocratic Leadership Style
- Democratic Leadership Style
- Coercive Leadership Style
- Strategic Leadership
- Laissez-faire Leadership style
- Affiliative Leadership Style
- Pacesetting Leadership Style
- Coaching Leadership Style
- Transformational Leadership Style
- Transactional Leadership style
Leadership style is a way of approaching, managing and supporting a team. Leadership style is different for every individual based on their personality. Leadership is a default trait in project managers to lead and manage a team. Each leader owns a unique style of leading and managing a team.
“One-size-fits-all” solutions do not hold good for all the projects. A multi-dimensional framework is introduced based on the fundamental practices of project management.
Leadership style is all about creating systematic work culture within an organization which contributes to the successful completion of a project. The main aspect of leadership is to apply the correct leadership style in the correct situation.
Project managers can possess effective leadership quality by the following ways that can improve the success rate of the project:
- Setting Measurable goals: The common goals are to be set by project managers. The timeframe required to reach the objective is set to accomplish the common goals.
- Social- Influence: The performance of the team can be influenced by conformity, socialization, obedience and peer pressure. The productivity of the team can be improved by improvement in work culture. The opinions, emotions, and behavior of team members are affected by the project managers.
- Clarity: Clear vision towards goal. Without a clear vision of the consequences, the team cannot be led by the project manager effectively.
- Inspire team members: Project managers should make things happen. The inspiring team is making team members work willingly.
- Motivate team: The motivated team always gives the best result. The team can be motivated by appreciation, opportunities, and rewards.
- Guidance: Project managers guide the team by providing all the required information clearly.
1. Autocratic Leadership Style
An autocratic leadership style is an authoritative style of leadership where a leader takes all the decisions without considering the team’s input. This style of leadership involves authoritarian control over the team members.
In this leadership style, the work structure is highly structured and rigid. The rules are very clearly communicated.
The main benefit of the autocratic leadership style is the decisions are made quickly with a clear chain of command.
The autocratic style of leadership can be effective when the leader is knowledgeable and skilled.
2. Democratic Leadership Style
Democratic leadership style is the inverse of the autocratic leadership style. This style involves all the team members in decision making by considering all the inputs given by them. The primary aim of the democratic leadership style is to build commitment and generate new ideas.
The democratic approach is aligned with emotional intelligence traits such as collaboration, teamwork, influence and conflict management. This style is very effective as it allows all the team members to be confident and open.
3. Coercive Leadership Style
Coercive leadership style is a highly commanding style and an authoritarian approach to team members. The leader or project manager demands immediate compliance with their orders.
This style of leadership can be described as:
“Do what I tell you.”
The main advantage of coercive leadership style is
- The leaders know to get the work done quickly
- Increases productivity
- Eliminates disobedience
- Enables team members to follow the rules and regulations of the organization
4. Strategic Leadership Style
A strategic leadership style is adopted when the leader is able to express the strategic vision to the team members and motivate them to reach the goal. The key traits if this style of leadership is the leaders are:
- Visionary
- Open
- Focused
- Courageous
- Prudent
There are 4 types of strategic leadership style:
- High Control Innovator (HCI)
- Participative Innovator(PI)
- Status Quo Guardian (SQG)
- Process Manager (PM)
A strategic leadership style focuses more on the macro-level of work. The main aim of strategic leadership is productivity and develop a positive environment in which employees or team members can focus more on the organization’s and stakeholder’s requirements.
5. Laissez-faire Leadership style
Laissez-faire Leadership style is a self-rule style empowering individuals or teams to take decisions on their own. According to Merriam-Webster, Laissez-faire is "A philosophy or practice characterized by a usually deliberate abstention from direction or interference, especially with individual freedom of choice and action."
The project management with this style has minimal communication with their team. The delegation of authority is done in this leadership style.
6. Affiliative Leadership Style
An affiliative leadership style is a very commonly used style of leadership. The leader or project manager creates an emotional bond with team members to encourage team members, promote cooperation and teamwork. It builds trust among the team. The main advantage of adopting this leadership style is that
- The leaders resolve conflicts quickly
- The top priority will always be the employees
- Reduces stress
- Positive feedbacks are given
The key characteristic of the affiliative leadership style is that the leaders are ‘Honest to a fault’ and strong communication skills.
The leader motivates the team with nurturing and praising. They make employees feel valued and recognized.
7. Pacesetting Leadership Style
Pacesetting leadership style in which the leader sets the high standard for team members’ performance. In this style, the leader is obsessed with getting the work done faster and better. This style is deployed when the team members are highly competent and motivated and well versed in their work. Pacesetting leadership style can be effective when a leader follows the below points:
- A leader should maintain a high professional level
- Should possess high knowledge
- Evaluate the performance of the team
- Know the consequences
8. Coaching Leadership Style
Coaching Leadership style is in which the leader encourages the team members to enhance their technical and personal skills and create a positive impact on the project team. The leaders or coaches guide the team members on a day to day basis and allow them to identify their strengths and weaknesses. In this style of leadership, mistakes are considered as learning opportunities.
By adopting this style of leadership, the leader can bring the best out of employees. The main advantage of adopting Coaching Leadership style is:
Positive work environment
Employee benefit
Self-development
Increase in productivity
9. Transformational Leadership Style
Transformational Leader style is adopted when a leader or a project manager works with team members to encourage, motivate and inspire the team and allow them to learn a sense of corporate culture, employee ownership and independence in the workplace.
The main aim of this style is to make team members highly motivated and inspired.
This style is best suitable where the organization practices agile and aims to remain consistent and error-free.
10. Transactional Leadership Style
Transactional Leadership style is the opposite of the Transformational leadership style. It is adopted to motivate the employees through rewards and punishments. This style requires high supervision and monitoring. Errors are closely investigated and minimized.
The transactional leadership style is suitable for organizations with routine procedures.
In this style, leaders set specific goals and provide specific directions to reach the target.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve? Let us know your thoughts in the 'Comments' section below. Thank you.
PMP Exam is Changing From JANUARY 2, 2021 | Get PMP Certified Before The PMP Exam Changes | Use Discount Code LVC45
PMP Exam is changing from JANUARY 2, 2021
NOTE: CITING THE SITUATION ARISEN AFTER THE CORONA VIRUS (COVID-19) IMPACT, PMI.ORG HAS CHANGED THE PMP EXAM TO JANUARY 2, 2021
Important Dates to remember:
- December 31, 2020: Last day to take the Current Version of the PMP Exam
- January 2, 2021: PMP Exam Change In Effect. It is the first day to take the New Version of the PMP Exam
Don’t miss this chance to be PMP Certified before the PMP Exam Changes from January 2, 2021.
Use discount code LVC45 for 45% discount on PMP Certification Live Online Training across the United States, Canada, United Kingdom, and Australia.
Enroll Now! for PMP Certification Training and get PMP Certified before the PMP Exam changes on January 2, 2021.
PMP Certification Training schedule: March to June 2020.
Mar 24-27 | Apr 27-30 | May 26-29 | June 23-26
Use Discount Code ICW15 for 15% discount on PMP Certification Training. (Offer applicable for select countries - United States of America, Canada, United Kingdom, Australia, UAE, Saudi Arabia, Singapore).
Download the New PMP Exam Content Outline (PDF)
Register for our 4-day PMP Certification Training Course and get PMP Certified before the PMP Exam change comes into effect from January 2, 2021.
What's New in the PMP Examination?
1. What is Changing in the PMP Exam from JANUARY 2, 2021?
In a dynamic and agile work environment Project Management professionals need more diverse skills and approaches than ever before to succeed. In tune with the times, the PMP Certification too is evolving like the profession.
The New PMP Exam will focus on the following Three New Domains:
-
People – emphasizing the skills and activities associated with effectively leading a project team
-
Process – reinforcing the technical aspects of managing a project
-
Business Environment – highlighting the connection between projects and organization strategy
Download the New PMP Exam Content Outline (PDF)
Source: New PMP Exam Content Outline - PMI.org (PDF)
Today’s project management practitioners work in a variety of project environments and utilize different project approaches.
The PMP certification will be reflective of this and will incorporate approaches across the value delivery spectrum.
- 50% of the Exam will represent Predictive Project Management approaches
- Balance 50% of the Exam will represent Agile or Hybrid approaches.
Content that spans the value spectrum, including Predictive, Agile and Hybrid approaches, will be included across the three exam domains.
Predictive, Agile, and Hybrid approaches will be found throughout the three-domain areas of People, Process, and Business Environment.
The three new domains are aligned to real-life practices.
The number of domains will be reduced from five in the existing PMP Exam to three in the new version of the PMP Exam.
Existing (Current version) of the PMP Exam Content Outline: 5 Domains
Valid up to December 31, 2020.
- Initiating: 13%
- Planning: 24%
- Executing: 31%
- Monitoring and Controlling: 25%
- Closing: 7%
New PMP Exam Content Outline: 3 Domains aligned to real-life practices.
From January 2, 2021 onwards.
- People: 42%
- Process: 50%
- Business Environment: 8%
2. PMP Exam Change: 50% Predictive Approach and 50% Agile / Hybrid Approach across all Three Exam Domains
The New PMP Exam will have more approaches to delivering outcomes. The New PMP Exam will cover both Predictive Project Management (~50%) and Agile Project Management / Hybrid Project Management approaches across all Three Domains.
3. Project Management Domains Aligned To Real Life Practices
Benchmark your current level of preparation for the current version of the PMP Exam.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information. Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or
Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
PMP Certification Training schedule: March to June 2020.
Mar 24-27 | Apr 27-30 | May 26-29 | June 23-26
Our PMP Course Offerings:
1. 4-Day PMP Certification Training: $1799 Only. (Less 15% with Code ICW15)
2. 4-Day PMP Certification Training with PMI Membership: $1999 Only. (Less 15% with Code ICW15)
3. 4-Day PMP Certification Training with PMI Membership and PMP Exam Fees Included: $2399 (Less 15% with Code ICW15)
Professional Certification Training Courses from iCert Global
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Use discount code ICW15 and register for our upcoming PMP Certification Training courses across the globe.
Let us know your thoughts in the 'Comments' section below. Thank you.
Connect with iCert Global on:
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Subscribe to our YouTube Channel | Subscribe to our Telegram Channel
Wish you all the best for your PMP Certification Exam Prep Training. iCert Global would be privileged to play a part in your journey towards achieving a globally recognized PMP Certification from The Project Management Institute, Inc.
Read more about PMP Exam Changes on PMI.org.
Read More
PMP Exam is changing from JANUARY 2, 2021
NOTE: CITING THE SITUATION ARISEN AFTER THE CORONA VIRUS (COVID-19) IMPACT, PMI.ORG HAS CHANGED THE PMP EXAM TO JANUARY 2, 2021
Important Dates to remember:
- December 31, 2020: Last day to take the Current Version of the PMP Exam
- January 2, 2021: PMP Exam Change In Effect. It is the first day to take the New Version of the PMP Exam
Don’t miss this chance to be PMP Certified before the PMP Exam Changes from January 2, 2021.
Use discount code LVC45 for 45% discount on PMP Certification Live Online Training across the United States, Canada, United Kingdom, and Australia.
Enroll Now! for PMP Certification Training and get PMP Certified before the PMP Exam changes on January 2, 2021.
PMP Certification Training schedule: March to June 2020.
Mar 24-27 | Apr 27-30 | May 26-29 | June 23-26
Use Discount Code ICW15 for 15% discount on PMP Certification Training. (Offer applicable for select countries - United States of America, Canada, United Kingdom, Australia, UAE, Saudi Arabia, Singapore).
Download the New PMP Exam Content Outline (PDF)
Register for our 4-day PMP Certification Training Course and get PMP Certified before the PMP Exam change comes into effect from January 2, 2021.
What's New in the PMP Examination?
1. What is Changing in the PMP Exam from JANUARY 2, 2021?
In a dynamic and agile work environment Project Management professionals need more diverse skills and approaches than ever before to succeed. In tune with the times, the PMP Certification too is evolving like the profession.
The New PMP Exam will focus on the following Three New Domains:
-
People – emphasizing the skills and activities associated with effectively leading a project team
-
Process – reinforcing the technical aspects of managing a project
-
Business Environment – highlighting the connection between projects and organization strategy
Download the New PMP Exam Content Outline (PDF)
Source: New PMP Exam Content Outline - PMI.org (PDF)
Today’s project management practitioners work in a variety of project environments and utilize different project approaches.
The PMP certification will be reflective of this and will incorporate approaches across the value delivery spectrum.
- 50% of the Exam will represent Predictive Project Management approaches
- Balance 50% of the Exam will represent Agile or Hybrid approaches.
Content that spans the value spectrum, including Predictive, Agile and Hybrid approaches, will be included across the three exam domains.
Predictive, Agile, and Hybrid approaches will be found throughout the three-domain areas of People, Process, and Business Environment.
The three new domains are aligned to real-life practices.
The number of domains will be reduced from five in the existing PMP Exam to three in the new version of the PMP Exam.
Existing (Current version) of the PMP Exam Content Outline: 5 Domains
Valid up to December 31, 2020.
- Initiating: 13%
- Planning: 24%
- Executing: 31%
- Monitoring and Controlling: 25%
- Closing: 7%
New PMP Exam Content Outline: 3 Domains aligned to real-life practices.
From January 2, 2021 onwards.
- People: 42%
- Process: 50%
- Business Environment: 8%
2. PMP Exam Change: 50% Predictive Approach and 50% Agile / Hybrid Approach across all Three Exam Domains
The New PMP Exam will have more approaches to delivering outcomes. The New PMP Exam will cover both Predictive Project Management (~50%) and Agile Project Management / Hybrid Project Management approaches across all Three Domains.
3. Project Management Domains Aligned To Real Life Practices
Benchmark your current level of preparation for the current version of the PMP Exam.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information. Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or
Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
PMP Certification Training schedule: March to June 2020.
Mar 24-27 | Apr 27-30 | May 26-29 | June 23-26
Our PMP Course Offerings:
1. 4-Day PMP Certification Training: $1799 Only. (Less 15% with Code ICW15)
2. 4-Day PMP Certification Training with PMI Membership: $1999 Only. (Less 15% with Code ICW15)
3. 4-Day PMP Certification Training with PMI Membership and PMP Exam Fees Included: $2399 (Less 15% with Code ICW15)
Professional Certification Training Courses from iCert Global
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Use discount code ICW15 and register for our upcoming PMP Certification Training courses across the globe.
Let us know your thoughts in the 'Comments' section below. Thank you.
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Wish you all the best for your PMP Certification Exam Prep Training. iCert Global would be privileged to play a part in your journey towards achieving a globally recognized PMP Certification from The Project Management Institute, Inc.
Read more about PMP Exam Changes on PMI.org.
Top 5 Ways To Do Project Time Management
Top 5 ways to do Project Time Management are:
- Prioritize the work
- Organize the project activity list
- Spend time effectively
- Set realistic target and commitments
- Use softwares and tools
We all have heard “Time is Money”. Time is one of the most important aspects of any organization. The business strategies and project goals are highly aligned with the time. The successful project is the one that is completed within time constraints.
Project Managers hold the responsibility of deciding the resources and getting the project activities done within the time constraints.
Project managers play a vital role in the completion of the project with respect to all the processes of project management aligned with Schedule, Cost, Scope, Quality, Resources, Risks, Changes, Stakeholders.
In order to keep track of the project’s timeframe, the project schedule is created at the beginning stage. The documented framework is created including the project’s milestones, project activities, deliverables, and timeframe.
The main aim to develop the project schedule is to know:
- What needs to be done?
- Who will do the task?
- When is the deadline for the project?
- When should the task need to be finished?
The top 5 ways to do Project Time Management are:
- Prioritize the work
- Organize the project activity list
- Spend time effectively
- Set realistic target and commitments
- Use softwares and tools
1. Prioritize the work
Accurately Prioritizing the task is one of the biggest challenges faced by project managers. Irrespective of the size of the projects, prioritizing effects the progress of the project and team engagement.
Here are the steps to prioritize the work:
- List out all the tasks
Collect a list of all the tasks and put together everything possible. While listing out, don’t worry about the order of the task.
- Identify important v/s urgent
After listing out all the tasks, the next step is to identify the tasks which need immediate attention. Check the dependency of the task on further tasks.
- Assess value
Once you identify the important work, know the task which brings the highest value to your organization and business goals.
-
Set the tasks based on estimated effort
Always start with the task which takes maximum effort to finish. Once the task with maximum effort and time is finished, the other tasks can be done.
-
Be adaptable and flexible
Changes and uncertainty are very common in project management. The project management professional should be able to adapt to the changes.
2. Organize the project activity list
The list of all the project activities should be organized to determine the project responsibilities to the team. Tasks can be organized in many ways. The common ways to organize the task are:
- Organizing the task by the due date
- Organizing tasks by progress
Organizing the tas by the due date:
Due date is very important for project managers and a team when they organize tasks. The team gets motivated to finish the milestone when the task is allotted with a due date. The team plans and executes based on the time given to complete.
The dude date can be set using tools and softwares to check on task recurrence, check overdue and finally set the due dates according to the changes.
Organizing tasks by progress
All the project tasks include sub-tasks. Sub-tasks can help to get the framework of the ultimate task objective through progress. These tasks are managed in Kanban. The to-do list on the Kanban board can help you to organize the work by progress.
Kanban helps in visualizing all the steps included in the project workflow.
3. Spend time effectively
Time is one of the most valuable assets Keep track of how you spend your time. Over tracking of time can also harm productivity.
List out the most time-consuming task and decide on which task you can invest your time effectively. Everyone has 24 hours a day. It depends on individual capabilities to get the desired result in the allocated time.
Nowadays project management software tools are available to automate the time-tracking process:
- Avaza
- Clockify
- Freedcamp
- Harvest
- Hubstaff
- MeisterTask
- TimeCamp
- Toggl
- Proofhub
4. Set realistic target
The target set must be achievable. The milestone set can be difficult to achieve but it should not be impossible. In project management, over commitment can lead to project failure. Setting realistic targets will minimize task repetition. While setting a target, the following conditions are considered:
- The project goal should be clearly defined
- The target should be trackable
- The task should be achievable
- The project task should have a deadline.
The team members working on project task must feel motivated and positive about achieving the target.
To optimize the work, it is advisable to use 80/20 rule
80/20 rule, also known as the Pareto principle.
It states that,
“80% of the output or results will come from 20% of the input or action.”
Note: Don’t assume that the numbers 20 and 80 add to 100. They don’t! The actual thing is that 20% could create 5% or 30% or even 100% of the result.
5.Use softwares and tools
The softwares and tools save a lot of time while executing day to day tasks. There is a huge range of project management tools available to fulfill all the requirements of project managers. The software tools are used for the following benefits:
- Accuracy in estimation
- Optimization of resources
- Tracking the progress of the project
- Planning
- Budget tracking
- Risk assessment
- Automated reporting
Some of the softwares and tools important for time management are:
- Trello: Trello is based on Kanban card-based management system. It has a collaborative approach with Trello’s cards, boards, and lists which enables the user to organize and prioritize the projects and tasks.
- Wrike: Wrike is also a project management tool for collaboration. Wrike includes built-in standard features of project management like Gantt Charts, dashboards, time tracking tool and reporting suite.
- Basecamp: Basecamp is one of the old project management tools available for over a decade. Basecamp includes scheduling and calendars
- Zoho Projects: Zoho Projects is a cloud-based project management software tool. It saves a lot of time by eliminating the manual tasks
The benefits of Project Time Management includes:
- On-time delivery
- Better quality of work
- Productivity and efficiency
- Much less procrastination
- Less stress and anxiety
- More opportunities and career growth
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
Top 5 ways to do Project Time Management are:
- Prioritize the work
- Organize the project activity list
- Spend time effectively
- Set realistic target and commitments
- Use softwares and tools
We all have heard “Time is Money”. Time is one of the most important aspects of any organization. The business strategies and project goals are highly aligned with the time. The successful project is the one that is completed within time constraints.
Project Managers hold the responsibility of deciding the resources and getting the project activities done within the time constraints.
Project managers play a vital role in the completion of the project with respect to all the processes of project management aligned with Schedule, Cost, Scope, Quality, Resources, Risks, Changes, Stakeholders.
In order to keep track of the project’s timeframe, the project schedule is created at the beginning stage. The documented framework is created including the project’s milestones, project activities, deliverables, and timeframe.
The main aim to develop the project schedule is to know:
- What needs to be done?
- Who will do the task?
- When is the deadline for the project?
- When should the task need to be finished?
The top 5 ways to do Project Time Management are:
- Prioritize the work
- Organize the project activity list
- Spend time effectively
- Set realistic target and commitments
- Use softwares and tools
1. Prioritize the work
Accurately Prioritizing the task is one of the biggest challenges faced by project managers. Irrespective of the size of the projects, prioritizing effects the progress of the project and team engagement.
Here are the steps to prioritize the work:
- List out all the tasks
Collect a list of all the tasks and put together everything possible. While listing out, don’t worry about the order of the task.
- Identify important v/s urgent
After listing out all the tasks, the next step is to identify the tasks which need immediate attention. Check the dependency of the task on further tasks.
- Assess value
Once you identify the important work, know the task which brings the highest value to your organization and business goals.
-
Set the tasks based on estimated effort
Always start with the task which takes maximum effort to finish. Once the task with maximum effort and time is finished, the other tasks can be done.
-
Be adaptable and flexible
Changes and uncertainty are very common in project management. The project management professional should be able to adapt to the changes.
2. Organize the project activity list
The list of all the project activities should be organized to determine the project responsibilities to the team. Tasks can be organized in many ways. The common ways to organize the task are:
- Organizing the task by the due date
- Organizing tasks by progress
Organizing the tas by the due date:
Due date is very important for project managers and a team when they organize tasks. The team gets motivated to finish the milestone when the task is allotted with a due date. The team plans and executes based on the time given to complete.
The dude date can be set using tools and softwares to check on task recurrence, check overdue and finally set the due dates according to the changes.
Organizing tasks by progress
All the project tasks include sub-tasks. Sub-tasks can help to get the framework of the ultimate task objective through progress. These tasks are managed in Kanban. The to-do list on the Kanban board can help you to organize the work by progress.
Kanban helps in visualizing all the steps included in the project workflow.
3. Spend time effectively
Time is one of the most valuable assets Keep track of how you spend your time. Over tracking of time can also harm productivity.
List out the most time-consuming task and decide on which task you can invest your time effectively. Everyone has 24 hours a day. It depends on individual capabilities to get the desired result in the allocated time.
Nowadays project management software tools are available to automate the time-tracking process:
- Avaza
- Clockify
- Freedcamp
- Harvest
- Hubstaff
- MeisterTask
- TimeCamp
- Toggl
- Proofhub
4. Set realistic target
The target set must be achievable. The milestone set can be difficult to achieve but it should not be impossible. In project management, over commitment can lead to project failure. Setting realistic targets will minimize task repetition. While setting a target, the following conditions are considered:
- The project goal should be clearly defined
- The target should be trackable
- The task should be achievable
- The project task should have a deadline.
The team members working on project task must feel motivated and positive about achieving the target.
To optimize the work, it is advisable to use 80/20 rule
80/20 rule, also known as the Pareto principle.
It states that,
“80% of the output or results will come from 20% of the input or action.”
Note: Don’t assume that the numbers 20 and 80 add to 100. They don’t! The actual thing is that 20% could create 5% or 30% or even 100% of the result.
5.Use softwares and tools
The softwares and tools save a lot of time while executing day to day tasks. There is a huge range of project management tools available to fulfill all the requirements of project managers. The software tools are used for the following benefits:
- Accuracy in estimation
- Optimization of resources
- Tracking the progress of the project
- Planning
- Budget tracking
- Risk assessment
- Automated reporting
Some of the softwares and tools important for time management are:
- Trello: Trello is based on Kanban card-based management system. It has a collaborative approach with Trello’s cards, boards, and lists which enables the user to organize and prioritize the projects and tasks.
- Wrike: Wrike is also a project management tool for collaboration. Wrike includes built-in standard features of project management like Gantt Charts, dashboards, time tracking tool and reporting suite.
- Basecamp: Basecamp is one of the old project management tools available for over a decade. Basecamp includes scheduling and calendars
- Zoho Projects: Zoho Projects is a cloud-based project management software tool. It saves a lot of time by eliminating the manual tasks
The benefits of Project Time Management includes:
- On-time delivery
- Better quality of work
- Productivity and efficiency
- Much less procrastination
- Less stress and anxiety
- More opportunities and career growth
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve? Let us know your thoughts in the 'Comments' section below. Thank you.
Top 10 Leadership Skills and Traits of Successful Project Managers
Here is the list of leadership qualities and traits a successful project manager possess:
- Confidence
- Decision making
- Honesty and integrity
- Communication
- Vision
- Delegation
- Empathy
- Resilience
- Emotional Intelligence
- Accountability
The success of the project is highly dependent on project managers. Behavioral traits are very important when it comes to managing projects and people. Nowadays, projects are complex and the team size is bigger. Leadership attributes, traits, characteristics, and skills can be attained through practice. According to Project Management Talent Triangle, leadership is one of the most important skills sought by employers.
According to CIO,
PMI stated that,
“By 2020, reports estimate that there will be 700,000 new project management jobs in the United States and 66 percent of organizations rate leadership skills as the most valuable trait of a successful PM.”
Here are the list of leadership qualities and traits a successful project manager possess:
- Confidence
- Decision making
- Honesty and integrity
- Communication
- Vision
- Delegation
- Empathy
- Resilience
- Emotional Intelligence
- Accountability
1. Confidence
Confidence is the most important skill to lead a team. The more you believe in your abilities as a project manager the more you feel confident. In order to empower a team, confidence in yourself and the team is very essential. The productivity of the team is higher when you guide them with confidence. The ways to build confidence as a project manager are:
- Empower your knowledge
- Take Project Management Professional Certification
- Prepare yourself before going to any discussion
- Exude confidence and exhibit positive body language
The project manager with great confidence can address the problems in an effective way. The flow of the project becomes smooth with a confident project manager.
2. Decision making
The decision-making abilities of a project manager make a direct impact on the project. Successful project managers possess high decision-making skills. It is not always possible to make the best decision. A good leader takes responsibility for the decision and is accountable.
To be a strong decision-maker, you must possess high knowledge about the subject and be able to see the consequences of the decision made.
3. Honesty and integrity
Honesty and Integrity are the bottom line of ethics. You are recognized as an honest professional when you adhere to both ethical values and individual morality. Integrity means honesty with strong moral values. It requires professionals to always be clear and truthful. Honesty and integrity build trust between the stakeholders which makes the project highly successful.
“The supreme quality of leadership is unquestionably integrity”
-Dwight.D.Eisenhower
Integrity involves:
- Apologizing for the mistakes
- When issues are unclear, giving them a benefit of doubt
- Appreciating time.
4. Communication
Effective communication skills are very important to run the project smoothly. The successful project manager clearly communicates the vision, goals, guidelines, expectations to the other stakeholders.
Listening is the most important part of communication. Being able to speak effectively is the foundation of effective leadership.
According to Forbes Insights 2010 Strategic Initiatives report,
- 88% of the strategists say that communications are critical to the success of their strategic initiatives
- 46% that communications are an integral and active component of the strategic planning and execution process.
The list of tools for effective communication are:
- Project Management Tools: Proofhub
- Real-Time Chat Tools: Microsoft Teams, HipChat
- Voice and Video Conferencing tools: Zoom, Skype
- Document Collaboration tools: Office365, G Suite
- Internal Communication Tools: Jive, Yammer
5. Vision
Successful project managers have great vision and purpose at the initiation stage of the project. They make their team members visualize their vision and make them understand the strategy and action plan to reach the goal.
When a project manager implements ideas, the chances of failure also exist. A good leader understands the changes, practices adaptability and becomes agile to reach the goal.
The project managers with great visionary skills will ensure the team members share the same goal and abe to see the bigger picture.
6. Delegation
Delegation is when you share the responsibility to perform a specific task. It is one of the important qualities a project manager possesses. Based on the positive attitude and willingness, the project manager selects the people to delegate the task.
Project Manager delegates the task for two reasons:
- To make the best use of team
- To be able to focus on the other tasks based on priority
The successful project manager picks the right person, matches the requirements, sets realistic goals, gives all the necessary information and delegates the task.
7. Empathy
The successful project manager possesses the ability to understand the team member’s aspirations, hopes, expectations, and problems. The dictatorial style of management doesn’t hold good in the current era of project management. A good leader has open-mindedness to understand the situation and not just be a nice person. Empathy enables a project manager to:
- Build a strong bond with team members
- Communicate work strategies effectively
- Make team members win the trust
- Be creative
8. Resilience
Resilience is a positive attitude of project managers to lead and manage the team no matter the circumstances. A great leader focuses on solutions rather than problems.
Resilience is a leadership quality that comes with experience. The changes are uncertain. Project managers with resilience will manage the change effectively with a positive attitude and are generally resourceful and agile in nature. The project managers exhibit resilience when the project goes through change and uncertainties.
9. Emotional Intelligence
Emotions can influence many aspects of leadership traits such as communication and decision-making skills. Projects involve a lot of face to face communications and discussions. In order to make team members accept the ideas of leaders, project managers should connect with team members through emotional intelligence. The ability to sense and understand emotions and act accordingly in order to manage the team with emotions and empathy is called emotional intelligence in project management.
According to HR Daily,
According to HR managers, the greatest benefit of hiring an employee with the highest emotional intelligence is increasing morale.
10. Accountability
Good leaders make sure the team members working are accountable for what they are doing. Making team members accountable creates a sense of responsibility among themselves to perform better.
“A good leader takes little more than his share of the blame and little less than his share of the credit.”
-Arnold H Glaso
Being accountable is the best way to build trust with team members.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
Here is the list of leadership qualities and traits a successful project manager possess:
- Confidence
- Decision making
- Honesty and integrity
- Communication
- Vision
- Delegation
- Empathy
- Resilience
- Emotional Intelligence
- Accountability
The success of the project is highly dependent on project managers. Behavioral traits are very important when it comes to managing projects and people. Nowadays, projects are complex and the team size is bigger. Leadership attributes, traits, characteristics, and skills can be attained through practice. According to Project Management Talent Triangle, leadership is one of the most important skills sought by employers.
According to CIO,
PMI stated that,
“By 2020, reports estimate that there will be 700,000 new project management jobs in the United States and 66 percent of organizations rate leadership skills as the most valuable trait of a successful PM.”
Here are the list of leadership qualities and traits a successful project manager possess:
- Confidence
- Decision making
- Honesty and integrity
- Communication
- Vision
- Delegation
- Empathy
- Resilience
- Emotional Intelligence
- Accountability
1. Confidence
Confidence is the most important skill to lead a team. The more you believe in your abilities as a project manager the more you feel confident. In order to empower a team, confidence in yourself and the team is very essential. The productivity of the team is higher when you guide them with confidence. The ways to build confidence as a project manager are:
- Empower your knowledge
- Take Project Management Professional Certification
- Prepare yourself before going to any discussion
- Exude confidence and exhibit positive body language
The project manager with great confidence can address the problems in an effective way. The flow of the project becomes smooth with a confident project manager.
2. Decision making
The decision-making abilities of a project manager make a direct impact on the project. Successful project managers possess high decision-making skills. It is not always possible to make the best decision. A good leader takes responsibility for the decision and is accountable.
To be a strong decision-maker, you must possess high knowledge about the subject and be able to see the consequences of the decision made.
3. Honesty and integrity
Honesty and Integrity are the bottom line of ethics. You are recognized as an honest professional when you adhere to both ethical values and individual morality. Integrity means honesty with strong moral values. It requires professionals to always be clear and truthful. Honesty and integrity build trust between the stakeholders which makes the project highly successful.
“The supreme quality of leadership is unquestionably integrity”
-Dwight.D.Eisenhower
Integrity involves:
- Apologizing for the mistakes
- When issues are unclear, giving them a benefit of doubt
- Appreciating time.
4. Communication
Effective communication skills are very important to run the project smoothly. The successful project manager clearly communicates the vision, goals, guidelines, expectations to the other stakeholders.
Listening is the most important part of communication. Being able to speak effectively is the foundation of effective leadership.
According to Forbes Insights 2010 Strategic Initiatives report,
- 88% of the strategists say that communications are critical to the success of their strategic initiatives
- 46% that communications are an integral and active component of the strategic planning and execution process.
The list of tools for effective communication are:
- Project Management Tools: Proofhub
- Real-Time Chat Tools: Microsoft Teams, HipChat
- Voice and Video Conferencing tools: Zoom, Skype
- Document Collaboration tools: Office365, G Suite
- Internal Communication Tools: Jive, Yammer
5. Vision
Successful project managers have great vision and purpose at the initiation stage of the project. They make their team members visualize their vision and make them understand the strategy and action plan to reach the goal.
When a project manager implements ideas, the chances of failure also exist. A good leader understands the changes, practices adaptability and becomes agile to reach the goal.
The project managers with great visionary skills will ensure the team members share the same goal and abe to see the bigger picture.
6. Delegation
Delegation is when you share the responsibility to perform a specific task. It is one of the important qualities a project manager possesses. Based on the positive attitude and willingness, the project manager selects the people to delegate the task.
Project Manager delegates the task for two reasons:
- To make the best use of team
- To be able to focus on the other tasks based on priority
The successful project manager picks the right person, matches the requirements, sets realistic goals, gives all the necessary information and delegates the task.
7. Empathy
The successful project manager possesses the ability to understand the team member’s aspirations, hopes, expectations, and problems. The dictatorial style of management doesn’t hold good in the current era of project management. A good leader has open-mindedness to understand the situation and not just be a nice person. Empathy enables a project manager to:
- Build a strong bond with team members
- Communicate work strategies effectively
- Make team members win the trust
- Be creative
8. Resilience
Resilience is a positive attitude of project managers to lead and manage the team no matter the circumstances. A great leader focuses on solutions rather than problems.
Resilience is a leadership quality that comes with experience. The changes are uncertain. Project managers with resilience will manage the change effectively with a positive attitude and are generally resourceful and agile in nature. The project managers exhibit resilience when the project goes through change and uncertainties.
9. Emotional Intelligence
Emotions can influence many aspects of leadership traits such as communication and decision-making skills. Projects involve a lot of face to face communications and discussions. In order to make team members accept the ideas of leaders, project managers should connect with team members through emotional intelligence. The ability to sense and understand emotions and act accordingly in order to manage the team with emotions and empathy is called emotional intelligence in project management.
According to HR Daily,
According to HR managers, the greatest benefit of hiring an employee with the highest emotional intelligence is increasing morale.
10. Accountability
Good leaders make sure the team members working are accountable for what they are doing. Making team members accountable creates a sense of responsibility among themselves to perform better.
“A good leader takes little more than his share of the blame and little less than his share of the credit.”
-Arnold H Glaso
Being accountable is the best way to build trust with team members.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve? Let us know your thoughts in the 'Comments' section below. Thank you.
Project Management Office Trends for 2021
:
The list of PMO trends for 2021 to improve the efficiency of the projects are:
- Agile PMOs
- An integrated approach to PMO (Project, Program, and Portfolio)
- Robotic Process Automation (RPA)
- PM workforce development
- Emotional intelligence and work-life balance
- Flexible approach to PMs responsibilities
As we move ahead in 2021, it is very important to know the latest Project Management Office trends to standardize the project management processes and improve efficiency.
Project Management Office is a department or a team in enterprise-level organizations to create and maintain the best practices of project management, track metrics of the project execution and ensure the project is aligned with the business objective of the organization.
According to the State of the Modern PMO report (pdf),
PMOs are the key players in the strategic execution of the project to achieve organizational business goals.
“31% of organizations that managed more than 75% of their projects through PMOs regularly achieved all business goals for those who managed below 50% through PMOs, it was 26%.”
Source: State of PMO 2016,
Here is the list of PMO trends for 2021 to improve the efficiency of
- Agile PMOs
- An integrated approach to PMO (Project, Program, and Portfolio)
- Robotic Process Automation (RPA)
- PM workforce development
- Emotional intelligence and work-life balance
- Flexible approach to PMs responsibilities
1. Agile PMOs
Agile methodology is becoming an important part of successful project delivery. In an enterprise-level organization, multiple teams will be working on multiple projects. PMO adapts agile and lean practices to release the product or deliverables to reduce opportunity costs and gain a competitive edge.
An agile PMO focuses on solving complex issues and encourages team empowerment.
Agile PMO has the following benefits:
- Helps to set the priorities
- Optimize the project delivery
- Minimize the constraints
- Increases the accountability
- Promotes freedom to provide different solutions
According to the State of the Modern PMO report,
2. An integrated approach to PMO (Project, Program, and Portfolio)
Many organizations at the enterprise level have PMOs operating at the project level and program level. Enterprise Project Management Office (EPMO) is a team or department functioning at a strategic level in collaboration with organizational stakeholders to ensure all the projects are aligned with business objectives.
The EPMO has the same responsibilities as PMO but it aligns with all the project, program and portfolio within the organization’s strategic goals.
According to the “Pulse of the Profession 2017: Success Rates Rise.”,
“Organizations that establish an enterprise project management office (EPMO), with the goal of aligning projects and strategy, suffer 33 percent fewer project failures”
3. Robotic Process Automation (RPA)
Robotic Process Automation (RPA) is a tool to automate the labor-intensive processes and has the ability to solve the issues which are expensive to implement and maintain.
RPA enables PMO to automate the portfolio and project processes by extracting and combining the data.
According to Gartner,
“Large software companies, such as IBM, Microsoft, and SAP, are partnering with or acquiring RPA software providers”
“RPA ranked as the fastest-growing segment of the global enterprise software market in 2018.”
4. PM workforce development
Skilled professionals are always in demand. Irrespective of the industry, developing project management skills has become a necessary addition to PMOs’ skillset. In order to be a part of the PMO team, relevant experience and project management certification is very important.
According to The State of the PMO 2016,
PMO staffs have considerable experience—10 years on average, and almost half (45%) have Project Management Professional Certification (PMP)
In order to evaluate the competency of the project managers in high performing organizations, PMOs create an established project manager career path and offer project management training.
5. Emotional Intelligence and Work-Life Balance
Mental health is very important in any workplace. Stress management and conflict management play a very important role in the wellbeing of project managers. In some organizations, PMO has dedicated mental health officers for some projects who are responsible for the well being of the team members. The issues affecting the mental health of team members are:
- Retention of team members
- Work-related stress
Having high emotional intelligence and effective work-life balance is the only solution for mental health issues.
Emotional intelligence helps the project managers to have effective communication and reduction in conflicts.
According to HR Daily,
According to HR managers, the greatest benefit of hiring an employee with the highest emotional intelligence is increasing morale.
6. Flexible approach to PMs responsibilities
The project managers should be well versed in all aspects of project management. A flexible approach to the project manager’s responsibilities can resolve the issues internally. Interference of PMO for all the issues can affect the project delivery. Having a flexible approach can ensure the smooth flow of the project. There are many ways to solve the problem. To resolve an issue in an effective and quick way, project managers combine several ways to bring out the best solution than approaching PMO.
The project manager should possess a wide knowledge on the following aspect of project management:
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
The list of PMO trends for 2021 to improve the efficiency of the projects are:
- Agile PMOs
- An integrated approach to PMO (Project, Program, and Portfolio)
- Robotic Process Automation (RPA)
- PM workforce development
- Emotional intelligence and work-life balance
- Flexible approach to PMs responsibilities
As we move ahead in 2021, it is very important to know the latest Project Management Office trends to standardize the project management processes and improve efficiency.
Project Management Office is a department or a team in enterprise-level organizations to create and maintain the best practices of project management, track metrics of the project execution and ensure the project is aligned with the business objective of the organization.
According to the State of the Modern PMO report (pdf),
PMOs are the key players in the strategic execution of the project to achieve organizational business goals.
“31% of organizations that managed more than 75% of their projects through PMOs regularly achieved all business goals for those who managed below 50% through PMOs, it was 26%.”
Source: State of PMO 2016,
Here is the list of PMO trends for 2021 to improve the efficiency of
- Agile PMOs
- An integrated approach to PMO (Project, Program, and Portfolio)
- Robotic Process Automation (RPA)
- PM workforce development
- Emotional intelligence and work-life balance
- Flexible approach to PMs responsibilities
1. Agile PMOs
Agile methodology is becoming an important part of successful project delivery. In an enterprise-level organization, multiple teams will be working on multiple projects. PMO adapts agile and lean practices to release the product or deliverables to reduce opportunity costs and gain a competitive edge.
An agile PMO focuses on solving complex issues and encourages team empowerment.
Agile PMO has the following benefits:
- Helps to set the priorities
- Optimize the project delivery
- Minimize the constraints
- Increases the accountability
- Promotes freedom to provide different solutions
According to the State of the Modern PMO report,
2. An integrated approach to PMO (Project, Program, and Portfolio)
Many organizations at the enterprise level have PMOs operating at the project level and program level. Enterprise Project Management Office (EPMO) is a team or department functioning at a strategic level in collaboration with organizational stakeholders to ensure all the projects are aligned with business objectives.
The EPMO has the same responsibilities as PMO but it aligns with all the project, program and portfolio within the organization’s strategic goals.
According to the “Pulse of the Profession 2017: Success Rates Rise.”,
“Organizations that establish an enterprise project management office (EPMO), with the goal of aligning projects and strategy, suffer 33 percent fewer project failures”
3. Robotic Process Automation (RPA)
Robotic Process Automation (RPA) is a tool to automate the labor-intensive processes and has the ability to solve the issues which are expensive to implement and maintain.
RPA enables PMO to automate the portfolio and project processes by extracting and combining the data.
According to Gartner,
“Large software companies, such as IBM, Microsoft, and SAP, are partnering with or acquiring RPA software providers”
“RPA ranked as the fastest-growing segment of the global enterprise software market in 2018.”
4. PM workforce development
Skilled professionals are always in demand. Irrespective of the industry, developing project management skills has become a necessary addition to PMOs’ skillset. In order to be a part of the PMO team, relevant experience and project management certification is very important.
According to The State of the PMO 2016,
PMO staffs have considerable experience—10 years on average, and almost half (45%) have Project Management Professional Certification (PMP)
In order to evaluate the competency of the project managers in high performing organizations, PMOs create an established project manager career path and offer project management training.
5. Emotional Intelligence and Work-Life Balance
Mental health is very important in any workplace. Stress management and conflict management play a very important role in the wellbeing of project managers. In some organizations, PMO has dedicated mental health officers for some projects who are responsible for the well being of the team members. The issues affecting the mental health of team members are:
- Retention of team members
- Work-related stress
Having high emotional intelligence and effective work-life balance is the only solution for mental health issues.
Emotional intelligence helps the project managers to have effective communication and reduction in conflicts.
According to HR Daily,
According to HR managers, the greatest benefit of hiring an employee with the highest emotional intelligence is increasing morale.
6. Flexible approach to PMs responsibilities
The project managers should be well versed in all aspects of project management. A flexible approach to the project manager’s responsibilities can resolve the issues internally. Interference of PMO for all the issues can affect the project delivery. Having a flexible approach can ensure the smooth flow of the project. There are many ways to solve the problem. To resolve an issue in an effective and quick way, project managers combine several ways to bring out the best solution than approaching PMO.
The project manager should possess a wide knowledge on the following aspect of project management:
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve? Let us know your thoughts in the 'Comments' section below. Thank you.
What is Project Quality Management and What are the Processes in Project Quality Management?
:
Project quality is the degree of excellence of the deliverables to meet the customers’ requirements and satisfaction. The project outcome should fulfill the suitability for its intended purpose. The common characteristics of project quality are:
- Consistency: The evenness in the performance and services are delivered in the same way to all the beneficiaries.
- Suitability: The quality of being an appropriate choice to perform a task
- Completeness: The quality of finishing the specified task to meet the project scope.
- Sustainability: The ability to be maintained at a certain level.
- Functionality: The purpose of the task or activity to be fulfilled
- Reliability: The measure of being trust-worthy
- Performance: The act of performing a task or project activity.
- Timeliness: The measure to finish the project task in the allotted time.
The quality of the project is defined in the following terms:
- Validation: The assurance to meet the satisfactory results.
- Verification: The compliance required to meet project requirements.
- Precision: The condition of being exact.
- Accuracy: The degree or measure of the closeness
- Tolerance: The range of the acceptable results
Six Sigma and Lean Six Sigma are implemented in an organization to maintain the desired quality. Elimination of errors and continuous improvement is the main aim of implementing Lean Six Sigma.
There are many quality management software in the market to maintain the quality of the organization.
According to Transparency Market Research,
“Quality Management Software Market to Rise at a Stellar 13.20% CAGR, with Rising Demand for Maintaining Product Quality”.
What is Project Quality Management?
Project Quality Management is a continuous process to prevent, avoid and fix the poor quality issue in order to meet or exceed customer satisfaction. The performance of an organization is measured, monitored and controlled through quality policies, standards, guidelines, and procedures.
Project Quality Management is important due to the following reasons:
- Customer satisfaction
- Consistent performance
- Higher efficiency
- Enhance understanding between the internal processes
- Risk Reduction at an early stage
- References to secure other projects
Project Quality Management is one of the 10 knowledge areas of project management.
What are the processes in Project Quality Management?
There are three processes involved in Project Quality Management in three phases: Planning, Execution, and Monitoring and Controlling.
Plan Quality Management process
In order to maintain the desired quality, inspecting the quality is not the only solution. Preventing poor quality issues through effective planning and foresight is a regular practice in the organization. Plan Quality Management is the process of identifying the quality requirements and quality standards relevant to the project output. The quality plan is developed in such a way that it does not affect project scope, time and cost.
The document of a set of quality standards is prepared for each project's activities. The methodology used, the resource assigned, the cost and the time allocated are the major factors affecting quality.
There are several tools used to plan the quality process. There are some tools used for both planning and controlling quality:
- Cause and Effect diagram – helps to find the various factors related to the potential problems.
- Flowchart – Displays the logical steps in the project and various elements related to the system. Used to analyze the potential problems.
- Pareto Diagram – Used to identify the frequent small problems causing the big problem. The graph is used to define the percentage of defects against the number of causes.
- Histogram – Used to identify common problems.
- Control chart – Determines whether the cost and schedule are within statistical control
- Scatter diagram – tracks two variables and determines their relationship.
Manage Quality process
Manage Quality is the process of managing all the project activities according to the Quality Management plan while executing. To manage the quality, the following inputs are required
- Project Management Plan
- Project Documents like Lessons Learned, Quality Metrics
- Organizational Process Assets
The tools and techniques used to manage the quality are:
- Data Gathering - Checklists
- Data Analysis- Process Analysis, Root Cause Analysis
- Decision Making- Multi-Criteria Decision Analysis
- Data Representation- Histogram, graphs, and flowcharts
- Audits- Determining if the project activities comply with organizational policies, procedures, and processes.
- Design for X- Set of technical guidelines
- Problem-Solving- Solved through set of solutions
- Quality Improvement Methods- Plan-Do-Check-Act (PDCA) cycle or Six Sigma
The output of managing the quality process is:
- Quality reports
- Test and evaluation documents
- Change Requests
- Project Management Plan Updates
- Project Document Updates
The main objective of managing the quality process is to integrate all the quality policies in the project activities to maintain the Quality Plan Management.
Control Quality Process
The Control Quality Process is the process of inspecting and verifying the executed project activities according to quality management. The main objective of this process is to ensure the project output is correct, complete and meet the expectations of the customer and the quality plan. This process also includes the documentation of results obtained during the control quality process.
To manage the quality, the following inputs are required
- Project Management Plan
- Project Documents like Lessons Learned, Quality Metrics
- Approved change requests
- Deliverables
- Work Performance data
- Enterprise Environmental Factors
- Organizational Process Assets
The outputs of the Perform Quality Control process are:
- Measurements
- Validated changes
- Updates to the project management plan and project documents
- Change requests
- Lessons learned
- Validated deliverables
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
Project quality is the degree of excellence of the deliverables to meet the customers’ requirements and satisfaction. The project outcome should fulfill the suitability for its intended purpose. The common characteristics of project quality are:
- Consistency: The evenness in the performance and services are delivered in the same way to all the beneficiaries.
- Suitability: The quality of being an appropriate choice to perform a task
- Completeness: The quality of finishing the specified task to meet the project scope.
- Sustainability: The ability to be maintained at a certain level.
- Functionality: The purpose of the task or activity to be fulfilled
- Reliability: The measure of being trust-worthy
- Performance: The act of performing a task or project activity.
- Timeliness: The measure to finish the project task in the allotted time.
The quality of the project is defined in the following terms:
- Validation: The assurance to meet the satisfactory results.
- Verification: The compliance required to meet project requirements.
- Precision: The condition of being exact.
- Accuracy: The degree or measure of the closeness
- Tolerance: The range of the acceptable results
Six Sigma and Lean Six Sigma are implemented in an organization to maintain the desired quality. Elimination of errors and continuous improvement is the main aim of implementing Lean Six Sigma.
There are many quality management software in the market to maintain the quality of the organization.
According to Transparency Market Research,
“Quality Management Software Market to Rise at a Stellar 13.20% CAGR, with Rising Demand for Maintaining Product Quality”.
What is Project Quality Management?
Project Quality Management is a continuous process to prevent, avoid and fix the poor quality issue in order to meet or exceed customer satisfaction. The performance of an organization is measured, monitored and controlled through quality policies, standards, guidelines, and procedures.
Project Quality Management is important due to the following reasons:
- Customer satisfaction
- Consistent performance
- Higher efficiency
- Enhance understanding between the internal processes
- Risk Reduction at an early stage
- References to secure other projects
Project Quality Management is one of the 10 knowledge areas of project management.
What are the processes in Project Quality Management?
There are three processes involved in Project Quality Management in three phases: Planning, Execution, and Monitoring and Controlling.
Plan Quality Management process
In order to maintain the desired quality, inspecting the quality is not the only solution. Preventing poor quality issues through effective planning and foresight is a regular practice in the organization. Plan Quality Management is the process of identifying the quality requirements and quality standards relevant to the project output. The quality plan is developed in such a way that it does not affect project scope, time and cost.
The document of a set of quality standards is prepared for each project's activities. The methodology used, the resource assigned, the cost and the time allocated are the major factors affecting quality.
There are several tools used to plan the quality process. There are some tools used for both planning and controlling quality:
- Cause and Effect diagram – helps to find the various factors related to the potential problems.
- Flowchart – Displays the logical steps in the project and various elements related to the system. Used to analyze the potential problems.
- Pareto Diagram – Used to identify the frequent small problems causing the big problem. The graph is used to define the percentage of defects against the number of causes.
- Histogram – Used to identify common problems.
- Control chart – Determines whether the cost and schedule are within statistical control
- Scatter diagram – tracks two variables and determines their relationship.
Manage Quality process
Manage Quality is the process of managing all the project activities according to the Quality Management plan while executing. To manage the quality, the following inputs are required
- Project Management Plan
- Project Documents like Lessons Learned, Quality Metrics
- Organizational Process Assets
The tools and techniques used to manage the quality are:
- Data Gathering - Checklists
- Data Analysis- Process Analysis, Root Cause Analysis
- Decision Making- Multi-Criteria Decision Analysis
- Data Representation- Histogram, graphs, and flowcharts
- Audits- Determining if the project activities comply with organizational policies, procedures, and processes.
- Design for X- Set of technical guidelines
- Problem-Solving- Solved through set of solutions
- Quality Improvement Methods- Plan-Do-Check-Act (PDCA) cycle or Six Sigma
The output of managing the quality process is:
- Quality reports
- Test and evaluation documents
- Change Requests
- Project Management Plan Updates
- Project Document Updates
The main objective of managing the quality process is to integrate all the quality policies in the project activities to maintain the Quality Plan Management.
Control Quality Process
The Control Quality Process is the process of inspecting and verifying the executed project activities according to quality management. The main objective of this process is to ensure the project output is correct, complete and meet the expectations of the customer and the quality plan. This process also includes the documentation of results obtained during the control quality process.
To manage the quality, the following inputs are required
- Project Management Plan
- Project Documents like Lessons Learned, Quality Metrics
- Approved change requests
- Deliverables
- Work Performance data
- Enterprise Environmental Factors
- Organizational Process Assets
The outputs of the Perform Quality Control process are:
- Measurements
- Validated changes
- Updates to the project management plan and project documents
- Change requests
- Lessons learned
- Validated deliverables
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What is Project Quality Management and What are the Processes in Project Quality Management?
:
Project quality is the degree of excellence of the deliverables to meet the customers’ requirements and satisfaction. The project outcome should fulfill the suitability for its intended purpose. The common characteristics of project quality are:
- Consistency: The evenness in the performance and services are delivered in the same way to all the beneficiaries.
- Suitability: The quality of being an appropriate choice to perform a task
- Completeness: The quality of finishing the specified task to meet the project scope.
- Sustainability: The ability to be maintained at a certain level.
- Functionality: The purpose of the task or activity to be fulfilled
- Reliability: The measure of being trust-worthy
- Performance: The act of performing a task or project activity.
- Timeliness: The measure to finish the project task in the allotted time.
The quality of the project is defined in the following terms:
- Validation: The assurance to meet the satisfactory results.
- Verification: The compliance required to meet project requirements.
- Precision: The condition of being exact.
- Accuracy: The degree or measure of the closeness
- Tolerance: The range of the acceptable results
Six Sigma and Lean Six Sigma are implemented in an organization to maintain the desired quality. Elimination of errors and continuous improvement is the main aim of implementing Lean Six Sigma.
There are many quality management software in the market to maintain the quality of the organization.
According to Transparency Market Research,
“Quality Management Software Market to Rise at a Stellar 13.20% CAGR, with Rising Demand for Maintaining Product Quality”.
What is Project Quality Management?
Project Quality Management is a continuous process to prevent, avoid and fix the poor quality issue in order to meet or exceed customer satisfaction. The performance of an organization is measured, monitored and controlled through quality policies, standards, guidelines, and procedures.
Project Quality Management is important due to the following reasons:
- Customer satisfaction
- Consistent performance
- Higher efficiency
- Enhance understanding between the internal processes
- Risk Reduction at an early stage
- References to secure other projects
Project Quality Management is one of the 10 knowledge areas of project management.
What are the processes in Project Quality Management?
There are three processes involved in Project Quality Management in three phases: Planning, Execution, and Monitoring and Controlling.
Plan Quality Management process
In order to maintain the desired quality, inspecting the quality is not the only solution. Preventing poor quality issues through effective planning and foresight is a regular practice in the organization. Plan Quality Management is the process of identifying the quality requirements and quality standards relevant to the project output. The quality plan is developed in such a way that it does not affect project scope, time and cost.
The document of a set of quality standards is prepared for each project's activities. The methodology used, the resource assigned, the cost and the time allocated are the major factors affecting quality.
There are several tools used to plan the quality process. There are some tools used for both planning and controlling quality:
- Cause and Effect diagram – helps to find the various factors related to the potential problems.
- Flowchart – Displays the logical steps in the project and various elements related to the system. Used to analyze the potential problems.
- Pareto Diagram – Used to identify the frequent small problems causing the big problem. The graph is used to define the percentage of defects against the number of causes.
- Histogram – Used to identify common problems.
- Control chart – Determines whether the cost and schedule are within statistical control
- Scatter diagram – tracks two variables and determines their relationship.
Manage Quality process
Manage Quality is the process of managing all the project activities according to the Quality Management plan while executing. To manage the quality, the following inputs are required
- Project Management Plan
- Project Documents like Lessons Learned, Quality Metrics
- Organizational Process Assets
The tools and techniques used to manage the quality are:
- Data Gathering - Checklists
- Data Analysis- Process Analysis, Root Cause Analysis
- Decision Making- Multi-Criteria Decision Analysis
- Data Representation- Histogram, graphs, and flowcharts
- Audits- Determining if the project activities comply with organizational policies, procedures, and processes.
- Design for X- Set of technical guidelines
- Problem-Solving- Solved through set of solutions
- Quality Improvement Methods- Plan-Do-Check-Act (PDCA) cycle or Six Sigma
The output of managing the quality process is:
- Quality reports
- Test and evaluation documents
- Change Requests
- Project Management Plan Updates
- Project Document Updates
The main objective of managing the quality process is to integrate all the quality policies in the project activities to maintain the Quality Plan Management.
Control Quality Process
The Control Quality Process is the process of inspecting and verifying the executed project activities according to quality management. The main objective of this process is to ensure the project output is correct, complete and meet the expectations of the customer and the quality plan. This process also includes the documentation of results obtained during the control quality process.
To manage the quality, the following inputs are required
- Project Management Plan
- Project Documents like Lessons Learned, Quality Metrics
- Approved change requests
- Deliverables
- Work Performance data
- Enterprise Environmental Factors
- Organizational Process Assets
The outputs of the Perform Quality Control process are:
- Measurements
- Validated changes
- Updates to the project management plan and project documents
- Change requests
- Lessons learned
- Validated deliverables
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
Project quality is the degree of excellence of the deliverables to meet the customers’ requirements and satisfaction. The project outcome should fulfill the suitability for its intended purpose. The common characteristics of project quality are:
- Consistency: The evenness in the performance and services are delivered in the same way to all the beneficiaries.
- Suitability: The quality of being an appropriate choice to perform a task
- Completeness: The quality of finishing the specified task to meet the project scope.
- Sustainability: The ability to be maintained at a certain level.
- Functionality: The purpose of the task or activity to be fulfilled
- Reliability: The measure of being trust-worthy
- Performance: The act of performing a task or project activity.
- Timeliness: The measure to finish the project task in the allotted time.
The quality of the project is defined in the following terms:
- Validation: The assurance to meet the satisfactory results.
- Verification: The compliance required to meet project requirements.
- Precision: The condition of being exact.
- Accuracy: The degree or measure of the closeness
- Tolerance: The range of the acceptable results
Six Sigma and Lean Six Sigma are implemented in an organization to maintain the desired quality. Elimination of errors and continuous improvement is the main aim of implementing Lean Six Sigma.
There are many quality management software in the market to maintain the quality of the organization.
According to Transparency Market Research,
“Quality Management Software Market to Rise at a Stellar 13.20% CAGR, with Rising Demand for Maintaining Product Quality”.
What is Project Quality Management?
Project Quality Management is a continuous process to prevent, avoid and fix the poor quality issue in order to meet or exceed customer satisfaction. The performance of an organization is measured, monitored and controlled through quality policies, standards, guidelines, and procedures.
Project Quality Management is important due to the following reasons:
- Customer satisfaction
- Consistent performance
- Higher efficiency
- Enhance understanding between the internal processes
- Risk Reduction at an early stage
- References to secure other projects
Project Quality Management is one of the 10 knowledge areas of project management.
What are the processes in Project Quality Management?
There are three processes involved in Project Quality Management in three phases: Planning, Execution, and Monitoring and Controlling.
Plan Quality Management process
In order to maintain the desired quality, inspecting the quality is not the only solution. Preventing poor quality issues through effective planning and foresight is a regular practice in the organization. Plan Quality Management is the process of identifying the quality requirements and quality standards relevant to the project output. The quality plan is developed in such a way that it does not affect project scope, time and cost.
The document of a set of quality standards is prepared for each project's activities. The methodology used, the resource assigned, the cost and the time allocated are the major factors affecting quality.
There are several tools used to plan the quality process. There are some tools used for both planning and controlling quality:
- Cause and Effect diagram – helps to find the various factors related to the potential problems.
- Flowchart – Displays the logical steps in the project and various elements related to the system. Used to analyze the potential problems.
- Pareto Diagram – Used to identify the frequent small problems causing the big problem. The graph is used to define the percentage of defects against the number of causes.
- Histogram – Used to identify common problems.
- Control chart – Determines whether the cost and schedule are within statistical control
- Scatter diagram – tracks two variables and determines their relationship.
Manage Quality process
Manage Quality is the process of managing all the project activities according to the Quality Management plan while executing. To manage the quality, the following inputs are required
- Project Management Plan
- Project Documents like Lessons Learned, Quality Metrics
- Organizational Process Assets
The tools and techniques used to manage the quality are:
- Data Gathering - Checklists
- Data Analysis- Process Analysis, Root Cause Analysis
- Decision Making- Multi-Criteria Decision Analysis
- Data Representation- Histogram, graphs, and flowcharts
- Audits- Determining if the project activities comply with organizational policies, procedures, and processes.
- Design for X- Set of technical guidelines
- Problem-Solving- Solved through set of solutions
- Quality Improvement Methods- Plan-Do-Check-Act (PDCA) cycle or Six Sigma
The output of managing the quality process is:
- Quality reports
- Test and evaluation documents
- Change Requests
- Project Management Plan Updates
- Project Document Updates
The main objective of managing the quality process is to integrate all the quality policies in the project activities to maintain the Quality Plan Management.
Control Quality Process
The Control Quality Process is the process of inspecting and verifying the executed project activities according to quality management. The main objective of this process is to ensure the project output is correct, complete and meet the expectations of the customer and the quality plan. This process also includes the documentation of results obtained during the control quality process.
To manage the quality, the following inputs are required
- Project Management Plan
- Project Documents like Lessons Learned, Quality Metrics
- Approved change requests
- Deliverables
- Work Performance data
- Enterprise Environmental Factors
- Organizational Process Assets
The outputs of the Perform Quality Control process are:
- Measurements
- Validated changes
- Updates to the project management plan and project documents
- Change requests
- Lessons learned
- Validated deliverables
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Top 7 Project Management Software Tools For Enhancing Project Productivity
:
Here is the list of project management software tools to enhance project productivity.
- Trello
- Wrike
- Basecamp
- Zoho Projects
- LiquidPlanner
- Microsoft Project
- Teamwork Projects
Project management software tools lend a helpful hand to project managers. The software makes day-to-day work in a structured manner. There is a huge range of project management tools available to fulfill all the requirements of project managers. The software tools are used for the following benefits:
- Accuracy in estimation
- Optimization of resources
- Tracking the progress of the project
- Planning
- Budget tracking
- Risk assessment
- Automated reporting
Choosing the right tool for the project is very important. Depending on the features required, project management software is chosen.
According to Capterra,
70% of the users are satisfied with the performance of the project management software tool.
According to Capterra,
The impact of a project management software tool is shown in the below image:
Here is the list of project management software tools to enhance project productivity.
- Trello
- Wrike
- Basecamp
- Zoho Projects
- LiquidPlanner
- Microsoft Project
- Teamwork Projects
1. Trello
Trello is based on Kanban card-based management system. It has a collaborative approach with Trello’s cards, boards, and lists which enables the user to organize and prioritize the projects and tasks. It is more free-form and flexible and easy to understand.
It enables even small teams to get started with basic project management.
Trello provides 3 pricing tiers:
- Free
- Business
- Enterprise
Free tiers require signup and give access to unlimited boards, lists, cards members, checklists and attachments but have restrictions on file size.
Business tiers - $9.99/user/month. The user is able to access the full range of integrations with tools such as Slack, Salesforce, GitHub and others. In this tier, the tool allows 250 MB file size for an attachment.
Enterprise tier pricing plan depends on the number of users. It starts at $20.83/user/month.
Trello is the best app to get started.
2. Wrike
Wrike is also a project management tool for collaboration. Wrike includes built-in standard features of project management like Gantt Charts, dashboards, time tracking tool and reporting suite.
Wrike mostly concentrates on time tracking but manages with the basic requirement of project management.
The free plan is available in Wrike- Unlimited projects can be created but a number of users and availability of features are limited.
Wrike is available in all the versions- website, android, and iOS.
The paid version of Wrike starts from - $9.80/user/month.
Wrike is known for its speedy setup.
3. Basecamp
Basecamp is one of the old project management tools available for over a decade. Basecamp includes,
- Scheduling and calendars,
- Real-time chat
- File Storage
- Private messaging etc.
Basecamp makes finding a file easy with powerful search tools and owns uncluttered interface, email integration, filesharing, notification customization.
The pricing of Basecamp is fixed: $99/month.
Basecamp provides free 30-days trial
Supported in web, desktop, and mobile versions.
Basecamp is best suitable for collaboration in larger organizations.
4. Zoho Projects
Zoho Projects is a cloud-based project management software tool. It consists of all the standard project management features. It possesses features like,
- Access control
- Revision tracking
- Document management
- File sharing
- Issue management
- Search
- Retrieval
Zoho Projects has integration with other services like Google and Microsoft.
The free tier is available for unlimited users but for a single project and limited storage.
The free tier of Zoho Projects offers only 10MB of storage.
Zoho pricing is based on features.
The pricing starts from $20/month
5. LiquidPlanner
LiquidPlanner is one of the best tools for organizations practicing traditional methodologies. LiquidPlanner includes,
Resource management
Issue tracking- Helpdesk style
Integration with cloud storage providers
Zapier support- Automated connections with other tools
LiquidPlanner is suitable for larger organizations with larger teams.
LiquidPlanner doesn’t provide free-tier pricing. The trial version of the tool is available for two weeks. The paid version of the tool starts from $45/user/month.
LiquidPlanner has a wide range of project management features.
6. Microsoft Project
Microsoft is one of the oldest project management tools running in all types of industries from the past 30 years. It is used by many senior project managers to manage complex projects. Microsoft Project appears similar to other Microsoft Office applications.
All the information about tasks and resources can be tracked in a detailed manner.
In Microsoft Project, the reports can be easily exported to Microsoft PowerPoint and other apps.
The integration with the tools other than Microsoft is limited.
There are different prices on different versions of Microsoft Project. The features also differ based on versions.
In order to use Microsoft Project, the subscription for Office365 is mandatory. The Microsoft Project plans start from $30/user/month.
7. Teamwork Projects
Known for its “easy to use” funtionality, Teamwork Projects offers a wide range of features required to run a project successfully. Teamwork Projects help to enhance collaboration, transparency, and accountability of the user. Without using any complex lists or charts, Teamwork Projects surf all the information very easily. Similar to Trello, it uses Kanban Boards and lists. The integration is within the app which is very helpful.
The free tier of Teamwork Project is available with limited storage space for 5 users and 2 projects.
The paid version of the tool has different price plans For 5 users with 100GB storage space, 300 Projects, 50 users at $9/user/month.
The tool is also available in the Premium and Enterprise plan.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
Here is the list of project management software tools to enhance project productivity.
- Trello
- Wrike
- Basecamp
- Zoho Projects
- LiquidPlanner
- Microsoft Project
- Teamwork Projects
Project management software tools lend a helpful hand to project managers. The software makes day-to-day work in a structured manner. There is a huge range of project management tools available to fulfill all the requirements of project managers. The software tools are used for the following benefits:
- Accuracy in estimation
- Optimization of resources
- Tracking the progress of the project
- Planning
- Budget tracking
- Risk assessment
- Automated reporting
Choosing the right tool for the project is very important. Depending on the features required, project management software is chosen.
According to Capterra,
70% of the users are satisfied with the performance of the project management software tool.
According to Capterra,
The impact of a project management software tool is shown in the below image:
Here is the list of project management software tools to enhance project productivity.
- Trello
- Wrike
- Basecamp
- Zoho Projects
- LiquidPlanner
- Microsoft Project
- Teamwork Projects
1. Trello
Trello is based on Kanban card-based management system. It has a collaborative approach with Trello’s cards, boards, and lists which enables the user to organize and prioritize the projects and tasks. It is more free-form and flexible and easy to understand.
It enables even small teams to get started with basic project management.
Trello provides 3 pricing tiers:
- Free
- Business
- Enterprise
Free tiers require signup and give access to unlimited boards, lists, cards members, checklists and attachments but have restrictions on file size.
Business tiers - $9.99/user/month. The user is able to access the full range of integrations with tools such as Slack, Salesforce, GitHub and others. In this tier, the tool allows 250 MB file size for an attachment.
Enterprise tier pricing plan depends on the number of users. It starts at $20.83/user/month.
Trello is the best app to get started.
2. Wrike
Wrike is also a project management tool for collaboration. Wrike includes built-in standard features of project management like Gantt Charts, dashboards, time tracking tool and reporting suite.
Wrike mostly concentrates on time tracking but manages with the basic requirement of project management.
The free plan is available in Wrike- Unlimited projects can be created but a number of users and availability of features are limited.
Wrike is available in all the versions- website, android, and iOS.
The paid version of Wrike starts from - $9.80/user/month.
Wrike is known for its speedy setup.
3. Basecamp
Basecamp is one of the old project management tools available for over a decade. Basecamp includes,
- Scheduling and calendars,
- Real-time chat
- File Storage
- Private messaging etc.
Basecamp makes finding a file easy with powerful search tools and owns uncluttered interface, email integration, filesharing, notification customization.
The pricing of Basecamp is fixed: $99/month.
Basecamp provides free 30-days trial
Supported in web, desktop, and mobile versions.
Basecamp is best suitable for collaboration in larger organizations.
4. Zoho Projects
Zoho Projects is a cloud-based project management software tool. It consists of all the standard project management features. It possesses features like,
- Access control
- Revision tracking
- Document management
- File sharing
- Issue management
- Search
- Retrieval
Zoho Projects has integration with other services like Google and Microsoft.
The free tier is available for unlimited users but for a single project and limited storage.
The free tier of Zoho Projects offers only 10MB of storage.
Zoho pricing is based on features.
The pricing starts from $20/month
5. LiquidPlanner
LiquidPlanner is one of the best tools for organizations practicing traditional methodologies. LiquidPlanner includes,
Resource management
Issue tracking- Helpdesk style
Integration with cloud storage providers
Zapier support- Automated connections with other tools
LiquidPlanner is suitable for larger organizations with larger teams.
LiquidPlanner doesn’t provide free-tier pricing. The trial version of the tool is available for two weeks. The paid version of the tool starts from $45/user/month.
LiquidPlanner has a wide range of project management features.
6. Microsoft Project
Microsoft is one of the oldest project management tools running in all types of industries from the past 30 years. It is used by many senior project managers to manage complex projects. Microsoft Project appears similar to other Microsoft Office applications.
All the information about tasks and resources can be tracked in a detailed manner.
In Microsoft Project, the reports can be easily exported to Microsoft PowerPoint and other apps.
The integration with the tools other than Microsoft is limited.
There are different prices on different versions of Microsoft Project. The features also differ based on versions.
In order to use Microsoft Project, the subscription for Office365 is mandatory. The Microsoft Project plans start from $30/user/month.
7. Teamwork Projects
Known for its “easy to use” funtionality, Teamwork Projects offers a wide range of features required to run a project successfully. Teamwork Projects help to enhance collaboration, transparency, and accountability of the user. Without using any complex lists or charts, Teamwork Projects surf all the information very easily. Similar to Trello, it uses Kanban Boards and lists. The integration is within the app which is very helpful.
The free tier of Teamwork Project is available with limited storage space for 5 users and 2 projects.
The paid version of the tool has different price plans For 5 users with 100GB storage space, 300 Projects, 50 users at $9/user/month.
The tool is also available in the Premium and Enterprise plan.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Top 5 Project Manager Certifications to Accelerate Your Career In 2021
:
The Top 5 Project Manager Certifications for 2021 are:
#1 Project Management Professional (PMP®)
#2 PRINCE2 Foundation and Practitioner
#3 Certified Associate in Project Management (CAPM)
#4 Certified Scrum Master (CSM)
#5 PMI- Agile Certified Practitioner (PMI-ACP)
Any Certification plays a key role in the career path as it holds solid proof of subject matter and continuous learning. Project management is one of the most challenging tasks as it ensures that the goals of projects closely align with the strategic goals of the business.
According to the statistics report by WRIKE,
“80 percent of high-performing projects are led by a certified project manager”.
There is a huge demand for project management professionals all over the world.
The gap between skilled project management workers and the availability of project management professionals is widening. There is a shortage in terms of skilled professionals to fill the roles. Hence the demand certified project managers are high.
The certified project managers possess expertise and knowledge on different elements of project management.
According to PMI’s Project Management Job Growth and Talent Growth 2017-2027 ,
By 2027, employers will need 87.7 million individuals working in project management-oriented roles.
The Top 5 Project Manager Certifications for 2021 are:
Project Management Professional (PMP®)
PRINCE2
Certified Associate in Project Management (CAPM)
Certified Scrum Master (CSM)
PMI- Agile Certified Practitioner (PMI-ACP)
Project Management Professional (PMP®)
Project Management Professional (PMP®) certification is a globally recognized certification accredited by the Project Management Institute (PMI®). PMP certification is a benchmark for project management. The PMP certification validates the experience, knowledge, expertise, capability, competency and required skills to lead and manage projects.
PMP certification is aligned to the reference guide PMBOK- 6th edition released by PMI. It is the fundamental resource for the PMP credential aspirants. PMBOK-6th edition is developed by subject matter experts and reviewed by PMI’s Project management community. PMBOK guide is available in English and 11 other languages (Arabic, Chinese [simplified], French, German, Hindi, Italian, Japanese, Korean, Portuguese Brazilian, Russian and Spanish).
Prerequisites for PMP Certification:
Target Audience for PMP:
- Project Manager
- Project Coordinators,
- Supervisor for PMO
- Team Manager
- Team Leader
Exam format for PMP examination:
PMP examination is based on five domains mentioned in PMBOK-6 edition
Cost of PMP certification
Demand and scope for Certified Project Management Professional:
There are 1 million certified PMP professionals. The need for qualified PMP professionals is around 2.1 million per year as per the PMI-commissioned talent gap analysis. So the demand for PMP is huge.
Average Annual Salary of Certified Project Management Professional:
According to ziprecruiter.com, Project Management Professional's salary can go as high as $172,000.
According to Earning Power: Project Management Salary Survey, 10th Edition, certified PMP professionals earn 23% higher salary on average across 37 countries surveyed.
The countries with higher increase in the median salary of certified professionals are:
Country
Earning advantage
South Africa
58%
Ecuador
53%
Colombia
48%
Chile
43%
Mexico
43%
In the United States, the median salary of Certified PMP professionals among survey respondents was 25% higher than the median salary of those without the PMP certification ($115,000 versus $92,000).
The step by step procedure to fill the PMP application form is given in our blog post: The process of filling the PMP application form.
PRINCE2
PRINCE2® is an acronym for PRojects IN Controlled Environments and the "2" refers to its relaunch in October 1996. In the UK, PRINCE2® is considered the de facto standard for IT project management. PRINCE2 doesn’t define the project as a temporary endeavor, rather as a project management method it delivers based on a business case.
PRINCE2 is one of the most globally accepted project management methods. It can be applied to any kind of project irrespective of scale, type, geography, organization or culture.
PRINCE2 is a certification program owned by AXELOS and this method is sustained by a scheme that offers four levels of certification:
- PRINCE2 Foundation
- PRINCE2 Practitioner
- PRINCE2 Agile Foundation
- PRINCE2 Agile Practitioner.
Prerequisites for PRINCE2 Certification:
PRINCE2 Foundation certification: There is no formal prerequisite to take up PRINCE2 Foundation Certification.
PRINCE2 Practitioner certification: To take-up PRINCE2 Practitioner Certification, you should have any one of the following certifications.
- PRINCE2 Foundation
- Project Management Professional (PMP)®
- Certified Associate in Project Management (CAPM)®
- IPMA Level A (Certified Projects Director)
- IPMA Level B® (Certified Senior Project Manager)
- IPMA Level C® (Certified Project Manager)
- IPMA Level D® (Certified Project Management Associate)
Target audience for PRINCE2 Certification:
PRINCE2 Foundation Certification
PRINCE2 Foundation certification is recommended for current and aspiring project managers. It is applicable for:
- Team Managers
- Project Board members
- Project Support
- Operation Managers
- Professionals who manage projects
PRINCE2 Practitioner Certification
This certification is best suitable for project managers, professionals involved with managing projects and aspiring project managers. It is also applicable for:
- Team Managers
- Project Board members
- Project Support
- Operation Managers
Exam Format for PRINCE2 Certification:
PRINCE2 Foundation Certification:
- Multiple-choice questions
- 60-minute duration
- 60 questions
- Closed book
- 33/60 required to pass = 55% passing score
- The exam can be taken in any of the 5 languages
PRINCE2 Practitioner Certification:
- Multiple-choice questions
- 150-minute exam duration
- 68 questions
- 38/68 required to pass = 55% passing score
- Open book exam (official PRINCE2 manual only)
Cost of PRINCE2 Certification
According to AXELOS,
“AXELOS is not a training organization or exam body and so prices for training courses and exams are set by our partners and will vary.”
Demand and Scope for PRINCE2 Certification
PRINCE2 certification proves to be an asset as it accelerates your career in the field of project management.
A 2016 AXELOS survey questioned individuals in project management and other roles, such as IT, senior management and operations. They reported that "regardless of function, candidates do find that PRINCE2 is valuable to their career".
Average Annual Salary of Certified PRINCE2 Professional
According to Payscale.com,
The average annual salaries for certified PRINCE2 professionals in the United States are shown below.
Currency: USD, Updated: Mon Nov 11 2019
Certified Associate in Project Management (CAPM)
Certified Associate In Project Management (CAPM®️) is an entry-level certification in the field of Project Management accredited by the prestigious Project Management Institute (PMI®️). If you are a junior level Project Manager and want to set the stage for a remarkable career, then CAPM is the right credential to pursue.
CAPM validates the knowledge of the globally recognized language of project management. CAPM is aligned with A Guide to the Project Management Body of Knowledge (PMBOK® Guide).
In this rapidly growing profession, CAPM can act as a stepping stone in the field of project management.
Prerequisites for CAPM Certification:
Target Audience for CAPM Certification
- Entry-level professionals in project management.
- Professionals who do not have any project management experience.
- Junior Project Managers
- Project team members
- Project members involved in one or more projects
Exam Format for CAPM Certification
Total Questions: 150
Pretest question: 15 (Not added to CAPM score)
Type of questions: Multiple-choice questions
Duration: 3 hours (No scheduled breaks mentioned)
Note: We do not know which 15 questions are pretest questions so all the questions are to be attempted with equal importance. Pretest questions are generally experimental in nature and given to check the validity for further examinations.
The exam is based on A Guide to the Project Management Body of Knowledge (PMBOK® Guide) with the following format:
Knowledge Areas Covered
Percentage of Questions
Introduction to Project Management
6%
Project Environment
6%
Role of the Project Manager
7%
Project Integration Management
9%
Project Scope Management
9%
Project Schedule Management
9%
Project Cost Management
8%
Project Quality Management
7%
Project Resource Management
8%
Project Communication Management
10%
Project Risk Management
8%
Project Procurement Management
4%
Project Stakeholder Management
9%
TOTAL
100%
Candidates are more likely to clear the exam if they have studied the PMBOK® Guide well. The fundamental knowledge, terminology, and processes of project management aligned with the PMBOK guide will help you to clear the exam.
Cost of CAPM Certification:
CAPM is an entry-level certification. If you are a student and an aspiring CAPM certified professional, you can take up Student Bundle to get PMI Student Membership and CAPM exam fee into a single application.
It costs US$257: $32 for the cost of student membership and $225 for the member price of the CAPM exam.
Demand and Scope for CAPM certification
There is a huge demand for Project Managers in all sectors.
Did you know, according to PMI’s Project Management Job Growth and Talent Gap Report (2017-2027),
By 2027, employers will need 87.7 million individuals working in a project management-oriented role.
(Source: Project Management Job Growth and Talent Gap 2017–2027)
To meet this demand and skill gap, many professionals are taking up industry-recognized Project Management certifications to enhance their skills and stand out from the crowd.
Average Annual Salary of CAPM Certified professional
According to Payscale.com, the average annual salary of certified CAPM certified professionals are:
Certified Scrum Master (CSM)
Certified Scrum Master (CSM), accredited by Scrum Alliance validates the knowledge of Agile principles and practices and makes you more noticeable than others. Scrum is the most used methodology of Agile.
According to the 12th Annual State of Agile Report, The Scrum Methodology is most widely used amongst software development teams as it divides complicated tasks to user stories.
Prerequisites for CSM Certification:
Target Audience for CSM Certification
Anyone interested in working in an organization practicing Agile with Scrum methodology can pursue CSM certification.
- Project Manager
- Product Manager
- Software Engineer
- Business Analyst
- Team Leader
- Development Team Member
Exam Format for CSM Certification
Demand and Scope for CSM Certification
According to a survey conducted by State of Scrum 2017-2018,
81% of the respondents agree that Scrum Certification can improve the practice and 84% of the respondents select ScrumMaster as a most popular certification.
According to the survey,
Average Annual Salary of Certified Scrum Master
PMI- Agile Certified Practitioner (PMI-ACP)
Project Management Institute's Agile Certified Practitioner (PMI-ACP®) is an industry-recognized certification, accredited by the Project Management Institute (PMI®). PMI-ACP course is mostly sought by Project Manager or aspirants following Agile practices and trains about the concepts, principles, methodology, tools, and techniques employed in managing projects.
Prerequisite for PMI-ACP certification:
Target Audience for PMI-ACP Certification
- Project Managers
- Agile Project Managers
- Agile Developers
- Product owners
- Business Analysts
- Scrum Masters
- Scrum Team Members
- Program managers
- Project team members
- Professionals aspiring to shift from waterfall methodology to agile methodology
Exam Format for PMI-ACP Certification
Total Questions: 120
Type of questions: Multiple-choice questions
Passing marks: 100
Duration: 3 hours (No scheduled breaks mentioned)
Cost of PMI-ACP Certification
Demand and Scope for PMI-ACP Certification:
According to the 13th State of Agile Survey Report (2019),
- 71% of respondents adopted agile because it reduces project cost
- 74% of respondents adopted agile as it accelerates the software delivery
- 51% of respondents claim that adopting agile increases productivity
- 43% of respondents stated adopting agile enhances the product quality
According to the report by EY: Digital Transformation for 2020 and beyond, Global Telecommunications Study, improved organizational agility is at the heart of successful digital transformation.
Average Annual Salary of PMI-ACP Certified Professional
According to Indeed.com,
Average Annual Salary of Certified PMI-ACP Professional is,
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
The Top 5 Project Manager Certifications for 2021 are:
#1 Project Management Professional (PMP®)
#2 PRINCE2 Foundation and Practitioner
#3 Certified Associate in Project Management (CAPM)
#4 Certified Scrum Master (CSM)
#5 PMI- Agile Certified Practitioner (PMI-ACP)
Any Certification plays a key role in the career path as it holds solid proof of subject matter and continuous learning. Project management is one of the most challenging tasks as it ensures that the goals of projects closely align with the strategic goals of the business.
According to the statistics report by WRIKE,
“80 percent of high-performing projects are led by a certified project manager”.
There is a huge demand for project management professionals all over the world.
The gap between skilled project management workers and the availability of project management professionals is widening. There is a shortage in terms of skilled professionals to fill the roles. Hence the demand certified project managers are high.
The certified project managers possess expertise and knowledge on different elements of project management.
According to PMI’s Project Management Job Growth and Talent Growth 2017-2027 ,
By 2027, employers will need 87.7 million individuals working in project management-oriented roles.
The Top 5 Project Manager Certifications for 2021 are:
Project Management Professional (PMP®)
PRINCE2
Certified Associate in Project Management (CAPM)
Certified Scrum Master (CSM)
PMI- Agile Certified Practitioner (PMI-ACP)
Project Management Professional (PMP®)
Project Management Professional (PMP®) certification is a globally recognized certification accredited by the Project Management Institute (PMI®). PMP certification is a benchmark for project management. The PMP certification validates the experience, knowledge, expertise, capability, competency and required skills to lead and manage projects.
PMP certification is aligned to the reference guide PMBOK- 6th edition released by PMI. It is the fundamental resource for the PMP credential aspirants. PMBOK-6th edition is developed by subject matter experts and reviewed by PMI’s Project management community. PMBOK guide is available in English and 11 other languages (Arabic, Chinese [simplified], French, German, Hindi, Italian, Japanese, Korean, Portuguese Brazilian, Russian and Spanish).
Prerequisites for PMP Certification:
Target Audience for PMP:
- Project Manager
- Project Coordinators,
- Supervisor for PMO
- Team Manager
- Team Leader
Exam format for PMP examination:
PMP examination is based on five domains mentioned in PMBOK-6 edition
Cost of PMP certification
Demand and scope for Certified Project Management Professional:
There are 1 million certified PMP professionals. The need for qualified PMP professionals is around 2.1 million per year as per the PMI-commissioned talent gap analysis. So the demand for PMP is huge.
Average Annual Salary of Certified Project Management Professional:
According to ziprecruiter.com, Project Management Professional's salary can go as high as $172,000.
According to Earning Power: Project Management Salary Survey, 10th Edition, certified PMP professionals earn 23% higher salary on average across 37 countries surveyed.
The countries with higher increase in the median salary of certified professionals are:
Country |
Earning advantage |
South Africa |
58% |
Ecuador |
53% |
Colombia |
48% |
Chile |
43% |
Mexico |
43% |
In the United States, the median salary of Certified PMP professionals among survey respondents was 25% higher than the median salary of those without the PMP certification ($115,000 versus $92,000).
The step by step procedure to fill the PMP application form is given in our blog post: The process of filling the PMP application form.
PRINCE2
PRINCE2® is an acronym for PRojects IN Controlled Environments and the "2" refers to its relaunch in October 1996. In the UK, PRINCE2® is considered the de facto standard for IT project management. PRINCE2 doesn’t define the project as a temporary endeavor, rather as a project management method it delivers based on a business case.
PRINCE2 is one of the most globally accepted project management methods. It can be applied to any kind of project irrespective of scale, type, geography, organization or culture.
PRINCE2 is a certification program owned by AXELOS and this method is sustained by a scheme that offers four levels of certification:
- PRINCE2 Foundation
- PRINCE2 Practitioner
- PRINCE2 Agile Foundation
- PRINCE2 Agile Practitioner.
Prerequisites for PRINCE2 Certification:
PRINCE2 Foundation certification: There is no formal prerequisite to take up PRINCE2 Foundation Certification.
PRINCE2 Practitioner certification: To take-up PRINCE2 Practitioner Certification, you should have any one of the following certifications.
- PRINCE2 Foundation
- Project Management Professional (PMP)®
- Certified Associate in Project Management (CAPM)®
- IPMA Level A (Certified Projects Director)
- IPMA Level B® (Certified Senior Project Manager)
- IPMA Level C® (Certified Project Manager)
- IPMA Level D® (Certified Project Management Associate)
Target audience for PRINCE2 Certification:
PRINCE2 Foundation Certification
PRINCE2 Foundation certification is recommended for current and aspiring project managers. It is applicable for:
- Team Managers
- Project Board members
- Project Support
- Operation Managers
- Professionals who manage projects
PRINCE2 Practitioner Certification
This certification is best suitable for project managers, professionals involved with managing projects and aspiring project managers. It is also applicable for:
- Team Managers
- Project Board members
- Project Support
- Operation Managers
Exam Format for PRINCE2 Certification:
PRINCE2 Foundation Certification:
- Multiple-choice questions
- 60-minute duration
- 60 questions
- Closed book
- 33/60 required to pass = 55% passing score
- The exam can be taken in any of the 5 languages
PRINCE2 Practitioner Certification:
- Multiple-choice questions
- 150-minute exam duration
- 68 questions
- 38/68 required to pass = 55% passing score
- Open book exam (official PRINCE2 manual only)
Cost of PRINCE2 Certification
According to AXELOS,
“AXELOS is not a training organization or exam body and so prices for training courses and exams are set by our partners and will vary.”
Demand and Scope for PRINCE2 Certification
PRINCE2 certification proves to be an asset as it accelerates your career in the field of project management.
A 2016 AXELOS survey questioned individuals in project management and other roles, such as IT, senior management and operations. They reported that "regardless of function, candidates do find that PRINCE2 is valuable to their career".
Average Annual Salary of Certified PRINCE2 Professional
According to Payscale.com,
The average annual salaries for certified PRINCE2 professionals in the United States are shown below.
Currency: USD, Updated: Mon Nov 11 2019
Certified Associate in Project Management (CAPM)
Certified Associate In Project Management (CAPM®️) is an entry-level certification in the field of Project Management accredited by the prestigious Project Management Institute (PMI®️). If you are a junior level Project Manager and want to set the stage for a remarkable career, then CAPM is the right credential to pursue.
CAPM validates the knowledge of the globally recognized language of project management. CAPM is aligned with A Guide to the Project Management Body of Knowledge (PMBOK® Guide).
In this rapidly growing profession, CAPM can act as a stepping stone in the field of project management.
Prerequisites for CAPM Certification:
Target Audience for CAPM Certification
- Entry-level professionals in project management.
- Professionals who do not have any project management experience.
- Junior Project Managers
- Project team members
- Project members involved in one or more projects
Exam Format for CAPM Certification
Total Questions: 150
Pretest question: 15 (Not added to CAPM score)
Type of questions: Multiple-choice questions
Duration: 3 hours (No scheduled breaks mentioned)
Note: We do not know which 15 questions are pretest questions so all the questions are to be attempted with equal importance. Pretest questions are generally experimental in nature and given to check the validity for further examinations.
The exam is based on A Guide to the Project Management Body of Knowledge (PMBOK® Guide) with the following format:
Knowledge Areas Covered |
Percentage of Questions |
Introduction to Project Management |
6% |
Project Environment |
6% |
Role of the Project Manager |
7% |
Project Integration Management |
9% |
Project Scope Management |
9% |
Project Schedule Management |
9% |
Project Cost Management |
8% |
Project Quality Management |
7% |
Project Resource Management |
8% |
Project Communication Management |
10% |
Project Risk Management |
8% |
Project Procurement Management |
4% |
Project Stakeholder Management |
9% |
TOTAL |
100% |
Candidates are more likely to clear the exam if they have studied the PMBOK® Guide well. The fundamental knowledge, terminology, and processes of project management aligned with the PMBOK guide will help you to clear the exam.
Cost of CAPM Certification:
CAPM is an entry-level certification. If you are a student and an aspiring CAPM certified professional, you can take up Student Bundle to get PMI Student Membership and CAPM exam fee into a single application.
It costs US$257: $32 for the cost of student membership and $225 for the member price of the CAPM exam.
Demand and Scope for CAPM certification
There is a huge demand for Project Managers in all sectors.
Did you know, according to PMI’s Project Management Job Growth and Talent Gap Report (2017-2027),
By 2027, employers will need 87.7 million individuals working in a project management-oriented role.
(Source: Project Management Job Growth and Talent Gap 2017–2027)
To meet this demand and skill gap, many professionals are taking up industry-recognized Project Management certifications to enhance their skills and stand out from the crowd.
Average Annual Salary of CAPM Certified professional
According to Payscale.com, the average annual salary of certified CAPM certified professionals are:
Certified Scrum Master (CSM)
Certified Scrum Master (CSM), accredited by Scrum Alliance validates the knowledge of Agile principles and practices and makes you more noticeable than others. Scrum is the most used methodology of Agile.
According to the 12th Annual State of Agile Report, The Scrum Methodology is most widely used amongst software development teams as it divides complicated tasks to user stories.
Prerequisites for CSM Certification:
Target Audience for CSM Certification
Anyone interested in working in an organization practicing Agile with Scrum methodology can pursue CSM certification.
- Project Manager
- Product Manager
- Software Engineer
- Business Analyst
- Team Leader
- Development Team Member
Exam Format for CSM Certification
Demand and Scope for CSM Certification
According to a survey conducted by State of Scrum 2017-2018,
81% of the respondents agree that Scrum Certification can improve the practice and 84% of the respondents select ScrumMaster as a most popular certification.
According to the survey,
Average Annual Salary of Certified Scrum Master
PMI- Agile Certified Practitioner (PMI-ACP)
Project Management Institute's Agile Certified Practitioner (PMI-ACP®) is an industry-recognized certification, accredited by the Project Management Institute (PMI®). PMI-ACP course is mostly sought by Project Manager or aspirants following Agile practices and trains about the concepts, principles, methodology, tools, and techniques employed in managing projects.
Prerequisite for PMI-ACP certification:
Target Audience for PMI-ACP Certification
- Project Managers
- Agile Project Managers
- Agile Developers
- Product owners
- Business Analysts
- Scrum Masters
- Scrum Team Members
- Program managers
- Project team members
- Professionals aspiring to shift from waterfall methodology to agile methodology
Exam Format for PMI-ACP Certification
Total Questions: 120
Type of questions: Multiple-choice questions
Passing marks: 100
Duration: 3 hours (No scheduled breaks mentioned)
Cost of PMI-ACP Certification
Demand and Scope for PMI-ACP Certification:
According to the 13th State of Agile Survey Report (2019),
- 71% of respondents adopted agile because it reduces project cost
- 74% of respondents adopted agile as it accelerates the software delivery
- 51% of respondents claim that adopting agile increases productivity
- 43% of respondents stated adopting agile enhances the product quality
According to the report by EY: Digital Transformation for 2020 and beyond, Global Telecommunications Study, improved organizational agility is at the heart of successful digital transformation.
Average Annual Salary of PMI-ACP Certified Professional
According to Indeed.com,
Average Annual Salary of Certified PMI-ACP Professional is,
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Top 20 Brainstorming Activities For Your Project Team To Think Out of the Box
Here is a List of Top 20 Brainstorming Activities for a Project Team to Think Out Of The Box:
- End in Mind
- Marshmallow Spaghetti Tower
- Frostbite
- A shrinking vessel
- Ad Game
- Idea Mock-ups
- Brainstorm ideas
- Egg Drop
- Dumbest Idea First
- Stranded
- Reverse Pyramid
- Legoman
- Idea Trial
- Escape
- Gamification
- Find the Funny
- Be a Character
- Move It!
- Word on the Street
- Human Knot
Brainstorming is a technique where ideas are collected to solve a specific problem. The team-based activities are conducted to enhance the ability to bring out innovative and unique ideas. The brainstorming activities are a structured approach to increase their thinking based skills. The activities are based on the following principle:
- Discover new ideas as much as possible
- Equal participation
- Share ideas irrespective of being judged
- Recording all the ideas
- No criticism
- Combine the ideas
- Improvise the ideas
The 20 brainstorming activities are:
1. End In Mind
End in Mind activity is a backtrack way to find the solution. This activity allows a team to start thinking from the end of the task. The milestones, finishing dates are established in reverse order.
2. Marshmallow Spaghetti Tower
Marshmallow Spaghetti Tower is a collaborative activity among teams.
According to Peter Senge,
“Collectively, we can be more insightful, more intelligent than we can possibly be individual”.
In this activity, you will need,
- 20 sticks of uncooked spaghetti
- Marshmallow
- Masking tape
- A yard of String
The teams have to utilize the above materials to construct a tower at a specific time range. This activity enhances the team’s spirit to work together and collaboratively build a solid foundation for their respective activities.
3. Frostbite
This brainstorming activity is to enhance decision-making skills and adaptability.
The required materials to perform this activity are:
- An electric fan
- Rubber bands and sticky notes
- Clothes table, cardboard, masking tape, etc.
- A blindfold
The instructions to be followed:
- Two teams are made of 5members each.
- Each team has to construct a shelter using a cloth table, cardboard, mask tapes, etc
- Except for team leaders, all the team members should be blindfolded to construct a shelter in 30 minutes.
- The hands of the leader are tied throughout the construction of shelter.
- After 30 minutes, the fan is turned on to check which shelter is strong to hold the storm i.e wind from the fan.
4. A shrinking vessel
A shrinking vessel is a technique to overcome the adaptability issues in the team. This activity is conducted using a string or a rope.
- A random shape is made on the floor using a rope.
- The shape should be big enough to fit all the team members in it.
- The size of the shape is reduced gradually
- The team members have to adapt to the shrinking area.
5. Ad Game
Ad Game activity is conducted to enhance communication and collaboration. In this activity, everyone is said to give one idea and everyone has to chant “yes”. The team members are free to give their ideas without having a fear of facing negativity or disagreements. The main aim of this activity is to be positive about all the suggestions given.
6. Idea Mockups
The mock-ups are conducted to bring out the different solutions for the same problem. This will help you to find the perfect solution to your problem.
7. Brainstorm Ideas
Brainstorming ideas are the simplest activity where the teams bring out their solutions on their own and help in choosing the right one. Brainstorming activities are carried out to resolve the common problems in a team. This activity is similar to Idea-Mockups.
8. Egg Drop
Egg Drop activity is conducted to increase the collaboration and decision-making skills among the team. In this activity, the following materials are required:
- Carton of eggs
- Materials to prepare a carrier: Plastic wrap, balloons, rubber bands, etc.
The game is carried out as follows:
- The team is formed and an egg is given to each team
- The team has to protect the egg by constructing a carrier for an egg given to them.
- Once the team has constructed the carriers, The eggs are dropped from the ledge or balcony.
- The team which successfully protects the egg wins the game.
9. Dumbest Idea First
Dumbest Idea First activity is carried out to find out the effective way out of the silliest ideas. Sometimes the solution of the problem lies in simple common sense. The team members are asked to quickly think of the dumbest and silliest idea popping in their minds. Once the team members give all the ideas, an effective solution can be produced by combining the ideas.
10. Stranded
Stranded activity is carried out to enhance the communication and collaboration between the team. In this activity,
The team is locked in the room
They will be given 30 minutes to choose 10 items for their survival
The team is supposed to choose items and rank in order of importance.
Each team member should agree on the items selected. The team members should also agree on the ranking order.
This activity builds a strong bond between team members and the collaboration and communication reflect in work.
11. Reverse Pyramid
Reverse Pyramid activity helps the team to enhance their adaptability and collaboration.
The team is made to stand in a pyramid shape
Only three people are allowed to move and flip the base and apex of the pyramid
This activity encourages collaboration and adaptability
12. Legoman
Legoman activity will enhance the communication between the team members using Lego.
In this activity,
The team of 2 or more members is made.
An impartial individual is selected to draw any structure using Lego within 10 mins
The team competing in this activity has to recreate the exact structure in 15 minutes in which only one member is allowed to see the structure.
The team member allowed to see the structure should explain the other team member on the basis of color, shape, and size.
13. Idea Trial
Idea Trial is a fun activity where mock trials of the problems are carried out in a court-type scenario. In this activity, all the team members project their ideas in court. They give opening and closing statements of all the problems. They can also call the team member as a witness for support.
14. Escape
Escape activity is conducted to build collaboration between teams using,
- Room
- Key
- Rope
- Clues for Puzzles
In this activity,
The key is hidden in the lockable room.
The clues to find the key are also hidden in the same room.
The team members are locked in the room.
The team is supposed to find the key using all the clues.
15. Gamification
Gamification is a fun game to solve the problems. In this game, problems are solved among the teams where different problems are set as an objective of the game. The team has to earn skill points by following all the rules set.
16. Find the Funny
In this activity, the monologue is created for every problem. The funny moments during the work are shared with all the other team members. This activity is a stress buster for everyone and lets them relax for some time.
17. Be a Character
Be a Character is conducted to add fun in the work environment. In this activity, the solutions to the problems are executed by as if you are an imaginary character. This will help you to think in a different perspective and get the solution.
18. Move It!
Move It is a fun activity conducted to enhance collaboration and adaptability. In this activity, the teams are split into two. This activity requires a large space.
The teams are made to stand in a line facing each other’s shoulders.
A boundary is drawn using chalk or tape for the team to stand.
The extra space is left between two facing rows.
The team has to switch their places where only one person is allowed to move at a time.
A player is not allowed to move backward and move around anyone if they are facing in the same direction.
They are allowed to move only once at a time around people from other teams.
19. Word on the Street
Word on a street is a technique to understand the perspective of others. In this activity, each team member will be interviewed by the head of the team about the solutions. The head will try to understand how the team members feel about the solution.
20. Human Knot
A human knot is a fun activity to enhance adaptability and collaboration in the team. In this activity, the team is made to form a big circle
The hands are held cross-connected with the next member
The challenge is to untangle the structure without letting go of anyone’s hand.
This activity will help the team to interact with each other and enhance collaboration.
For more information on how you can accelerate your career with these certifications, visit us at https://www.icertglobal.com/ or call now on +1-713-287-1213 / 1214 or email us at info {at} icertglobal {dot} com.
Know more about our Professional Certification Training Courses for preparing for the below mentioned recommended certifications.
Recommended Courses:
- Artificial Intelligence and Deep Learning Certification Training Course
- Machine Learning Certification Training Course
- Big Data Certification Training Courses
- Agile and Scrum
- Data Science Certification Training Courses
- AWS Certified Solutions Architect Certification Training Courses
- Google Cloud Platform Fundamentals Certification Training Courses
- CISSP Certification Training Courses
- CEH Certification Training Courses
- CSM Certification Training Courses
- CRISC Certification Training Courses
- CISM Certification Training Courses
- PMP Certification Training Courses
- CAPM Certification Training Course
- CompTIA Cloud Essentials Certification Training Course
- AWS Solution Architect Certification Training Course
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
iCert Global both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in 2020? Let us know your thoughts in the 'Comments' section below.
Thank you for reading this blog post. Hope you found it useful and interesting. Team iCert Global wishes you all the best for your learning endeavors.
Read More
Here is a List of Top 20 Brainstorming Activities for a Project Team to Think Out Of The Box:
- End in Mind
- Marshmallow Spaghetti Tower
- Frostbite
- A shrinking vessel
- Ad Game
- Idea Mock-ups
- Brainstorm ideas
- Egg Drop
- Dumbest Idea First
- Stranded
- Reverse Pyramid
- Legoman
- Idea Trial
- Escape
- Gamification
- Find the Funny
- Be a Character
- Move It!
- Word on the Street
- Human Knot
Brainstorming is a technique where ideas are collected to solve a specific problem. The team-based activities are conducted to enhance the ability to bring out innovative and unique ideas. The brainstorming activities are a structured approach to increase their thinking based skills. The activities are based on the following principle:
- Discover new ideas as much as possible
- Equal participation
- Share ideas irrespective of being judged
- Recording all the ideas
- No criticism
- Combine the ideas
- Improvise the ideas
The 20 brainstorming activities are:
1. End In Mind
End in Mind activity is a backtrack way to find the solution. This activity allows a team to start thinking from the end of the task. The milestones, finishing dates are established in reverse order.
2. Marshmallow Spaghetti Tower
Marshmallow Spaghetti Tower is a collaborative activity among teams.
According to Peter Senge,
“Collectively, we can be more insightful, more intelligent than we can possibly be individual”.
In this activity, you will need,
- 20 sticks of uncooked spaghetti
- Marshmallow
- Masking tape
- A yard of String
The teams have to utilize the above materials to construct a tower at a specific time range. This activity enhances the team’s spirit to work together and collaboratively build a solid foundation for their respective activities.
3. Frostbite
This brainstorming activity is to enhance decision-making skills and adaptability.
The required materials to perform this activity are:
- An electric fan
- Rubber bands and sticky notes
- Clothes table, cardboard, masking tape, etc.
- A blindfold
The instructions to be followed:
- Two teams are made of 5members each.
- Each team has to construct a shelter using a cloth table, cardboard, mask tapes, etc
- Except for team leaders, all the team members should be blindfolded to construct a shelter in 30 minutes.
- The hands of the leader are tied throughout the construction of shelter.
- After 30 minutes, the fan is turned on to check which shelter is strong to hold the storm i.e wind from the fan.
4. A shrinking vessel
A shrinking vessel is a technique to overcome the adaptability issues in the team. This activity is conducted using a string or a rope.
- A random shape is made on the floor using a rope.
- The shape should be big enough to fit all the team members in it.
- The size of the shape is reduced gradually
- The team members have to adapt to the shrinking area.
5. Ad Game
Ad Game activity is conducted to enhance communication and collaboration. In this activity, everyone is said to give one idea and everyone has to chant “yes”. The team members are free to give their ideas without having a fear of facing negativity or disagreements. The main aim of this activity is to be positive about all the suggestions given.
6. Idea Mockups
The mock-ups are conducted to bring out the different solutions for the same problem. This will help you to find the perfect solution to your problem.
7. Brainstorm Ideas
Brainstorming ideas are the simplest activity where the teams bring out their solutions on their own and help in choosing the right one. Brainstorming activities are carried out to resolve the common problems in a team. This activity is similar to Idea-Mockups.
8. Egg Drop
Egg Drop activity is conducted to increase the collaboration and decision-making skills among the team. In this activity, the following materials are required:
- Carton of eggs
- Materials to prepare a carrier: Plastic wrap, balloons, rubber bands, etc.
The game is carried out as follows:
- The team is formed and an egg is given to each team
- The team has to protect the egg by constructing a carrier for an egg given to them.
- Once the team has constructed the carriers, The eggs are dropped from the ledge or balcony.
- The team which successfully protects the egg wins the game.
9. Dumbest Idea First
Dumbest Idea First activity is carried out to find out the effective way out of the silliest ideas. Sometimes the solution of the problem lies in simple common sense. The team members are asked to quickly think of the dumbest and silliest idea popping in their minds. Once the team members give all the ideas, an effective solution can be produced by combining the ideas.
10. Stranded
Stranded activity is carried out to enhance the communication and collaboration between the team. In this activity,
The team is locked in the room
They will be given 30 minutes to choose 10 items for their survival
The team is supposed to choose items and rank in order of importance.
Each team member should agree on the items selected. The team members should also agree on the ranking order.
This activity builds a strong bond between team members and the collaboration and communication reflect in work.
11. Reverse Pyramid
Reverse Pyramid activity helps the team to enhance their adaptability and collaboration.
The team is made to stand in a pyramid shape
Only three people are allowed to move and flip the base and apex of the pyramid
This activity encourages collaboration and adaptability
12. Legoman
Legoman activity will enhance the communication between the team members using Lego.
In this activity,
The team of 2 or more members is made.
An impartial individual is selected to draw any structure using Lego within 10 mins
The team competing in this activity has to recreate the exact structure in 15 minutes in which only one member is allowed to see the structure.
The team member allowed to see the structure should explain the other team member on the basis of color, shape, and size.
13. Idea Trial
Idea Trial is a fun activity where mock trials of the problems are carried out in a court-type scenario. In this activity, all the team members project their ideas in court. They give opening and closing statements of all the problems. They can also call the team member as a witness for support.
14. Escape
Escape activity is conducted to build collaboration between teams using,
- Room
- Key
- Rope
- Clues for Puzzles
In this activity,
The key is hidden in the lockable room.
The clues to find the key are also hidden in the same room.
The team members are locked in the room.
The team is supposed to find the key using all the clues.
15. Gamification
Gamification is a fun game to solve the problems. In this game, problems are solved among the teams where different problems are set as an objective of the game. The team has to earn skill points by following all the rules set.
16. Find the Funny
In this activity, the monologue is created for every problem. The funny moments during the work are shared with all the other team members. This activity is a stress buster for everyone and lets them relax for some time.
17. Be a Character
Be a Character is conducted to add fun in the work environment. In this activity, the solutions to the problems are executed by as if you are an imaginary character. This will help you to think in a different perspective and get the solution.
18. Move It!
Move It is a fun activity conducted to enhance collaboration and adaptability. In this activity, the teams are split into two. This activity requires a large space.
The teams are made to stand in a line facing each other’s shoulders.
A boundary is drawn using chalk or tape for the team to stand.
The extra space is left between two facing rows.
The team has to switch their places where only one person is allowed to move at a time.
A player is not allowed to move backward and move around anyone if they are facing in the same direction.
They are allowed to move only once at a time around people from other teams.
19. Word on the Street
Word on a street is a technique to understand the perspective of others. In this activity, each team member will be interviewed by the head of the team about the solutions. The head will try to understand how the team members feel about the solution.
20. Human Knot
A human knot is a fun activity to enhance adaptability and collaboration in the team. In this activity, the team is made to form a big circle
The hands are held cross-connected with the next member
The challenge is to untangle the structure without letting go of anyone’s hand.
This activity will help the team to interact with each other and enhance collaboration.
For more information on how you can accelerate your career with these certifications, visit us at https://www.icertglobal.com/ or call now on +1-713-287-1213 / 1214 or email us at info {at} icertglobal {dot} com.
Know more about our Professional Certification Training Courses for preparing for the below mentioned recommended certifications.
Recommended Courses:
- Artificial Intelligence and Deep Learning Certification Training Course
- Machine Learning Certification Training Course
- Big Data Certification Training Courses
- Agile and Scrum
- Data Science Certification Training Courses
- AWS Certified Solutions Architect Certification Training Courses
- Google Cloud Platform Fundamentals Certification Training Courses
- CISSP Certification Training Courses
- CEH Certification Training Courses
- CSM Certification Training Courses
- CRISC Certification Training Courses
- CISM Certification Training Courses
- PMP Certification Training Courses
- CAPM Certification Training Course
- CompTIA Cloud Essentials Certification Training Course
- AWS Solution Architect Certification Training Course
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
iCert Global both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in 2020? Let us know your thoughts in the 'Comments' section below.
Thank you for reading this blog post. Hope you found it useful and interesting. Team iCert Global wishes you all the best for your learning endeavors.
What are the Top 5 DevOps Trends for 2020?
:
The top 5 DevOps trends for 2020 are:
-
Automation through Artificial Intelligence (AI)
-
DevSecOps will become a Top Priority in Security
-
DevOps and Golang
-
The Use of Serverless Architecture
-
Cloud-native DevOps will gain prominence
Statistical highlights
- A 7% boost in DevOps adoption from 2017 to 2018 as cited in The article in Hackernoon
- According to the estimates from IDC, the DevOps software market projects growth from $2.9 billion in 2017 to $6.6 billion in 2022
- The DevOps market size will reach $12.85 billion by 2025 as stated by Grand View Research,
- DevOps will be a part of the mainstream and reach its peak in 2020.
DevOps is a combination of "Development" and "Operations" which underscores the significance of communication and collaboration between the developers and operations teams. The aim is to build an environment for developers, testers and operational personnel to engage seamlessly in creating products faster, and achieve the goals with quicker turnaround time.
Significant headway has been made in the evolution of DevOps among many enterprises in the past few years and will continue to be extensive. Many enterprises have started using DevOps solution, which has made significant inroads. 2020 will prove to be crucial as thought leaders and experts plan in the implementation of for DevOpsin the business process as the usage is expected to be both intense and extensive. Senior-level executives acknowledge that the DevOps role is growing to the point of proving to become a major disruption in how projects can be successfully completed and implemented.
Let's talke a look at the Top 5 DevOps Trends for 2020:
Automation through Artificial Intelligence (AI)
How does AI support DevOps implement?
Automation is fast becoming essential to DevOps, especially zero-touch automation.
So what is about zero-touch automation? It makes use of machine learning to automate the backup eliminating the need for human touch. This again is made possible by Artificial Intelligence which processes huge data which could prove time-consuming if handled by a human.
Artificial Intelligence enhances DevOps processes through conventional monitoring activities.
Artificial Intelligence plays a key role in optimizing test cases. It helps to identify the test cases which are to be executed, thus reducing the total time to launch the application into production, eliminating the risks related to system stability.
DevOps automation becomes irreplaceable for creating builds efficiently without consuming much time. AI helps in the processing of the extensive amount of data and through analytical technologies detects patters in making the right predictions. AI will help in automating the functional, acceptance and deployment testing to ensure the project releases are faster accelerating the time to market.
AI can help in identifying issues that may arise in continuous integration (CI) or continuous development (CD) enabling the DevOps teams to act upon swiftly based on the data collected.
DevSecOps Will Become Top Priority in Security
The emphasis placed on security will be the highest. With the advent of technology, not only has it becomes vast but increasingly complex and unpredictable. One of the top DevOps trends is definitely security and DevSecOps might sound strange and new term but it does create security awareness. In the year 2020 DevSecOps will become more prominent as it pushes the security-first approach integrating security measures in the DevOps process.
With the increasing and disturbing breaches especially in cybersecurity impacting the compact’s reputation and bottom line, data privacy regulations have been brought into force like PSD2 and GDPR, prioritizing on stepping up security is imperative and that’s where DevSecOps proves to more than a buzzword. DevSecOps injects security into the process to resist and reduce the vulnerabilities. Faster code generation means more vulnerabilities and integrates security in DevOps through DevSecOps will keep the system flawless, effective and efficient.
DevOps and Golang
One of the main predication for DevOps is the flouring of DevOps and Golang. Golang is a programming language created by Google and its impact on the DevOps community is striking. An array of DevOps tools like Kubernetes, Helm, Docker, Etcd, and Istio among others are created using Golang is the programming language. The main reason for choosing Golang is its compilation into stand-alone binary. The development in Golang doesn’t require the setup of the entire environment and still gets the work done in a fast manner.
Golang as a language might be relatively new, but it aligns well with goals of DevOps like scalability, performance efficiency, portability and modularity in the application development process.
Some of the top brands like Uber, Twitter, Apple, Docker, YouTube, Dropbox use the Golang, which is a cloud-programming language. Golang syncs perfectly well with the DevOps ecosystem and fast becoming popular and preferred by the DevOps teams as the features offered in this language help in developing concurrent programs that are highly competitive to obtain the precise outcomes. Golang is the language to watch making it one of the top trends in DevOps 2020.
The Use Of Serverless Architecture
According to CBNINSIGHTS, The serverless market is expected to reach $7.7B by 2021, up from $1.9B in 2016. serverless computing is used by the DevOps team to simplify operations, scalability for development and the flexibility of the cost-effective model of pay-as-you-go pricing. the server-less architecture will take DevOps to the next level. By serverless, it does not mean free from a server but it employs a cloud service, which is actually a third party that takes care of the entire architecture. This arrangement makes it possible for the developers to concentrate on the “Application Part”. The two special features of the serverless architecture are FaaS and BaaS. The main advantage of using the Serverless Architecture is cutting down on cost, resilient workflow and time-saving. The future is expected to put into use this Serverless Architecture because of the developer's productivity, greater scalability, rapid deployment, and incredible user experience and more companies will use serverless computation in DevOps.
Cloud-native DevOps will gain prominence
Oracle predicts that 80 percent of all enterprise workloads will move to the cloud by 2025.
Experts predict that there will be a boom in the adoption of Kubernetes in 2020. This is because of features, easy integration with other cloud platforms and ease of use.
The DevOps latest trends in 2020 relate to Cloud-Native practices.
Presently AWS is clearly the market leader in cloud storage and computing followed by Azure and GCP.
There is a shift as DevOps-minded teams are moving to the cloud arrangement to take advantage of improved visibility, resilient architecture and faster changes to production. This drives advanced transformation, innovation, and compelling user experience.
Cloud architecture is into simple-to-operate services (PaaS, FaaS, and IaaS). The scalable hardware makes it easy for the DevOps organization to make changes easily. Faster software release is made possible with cloud automation.
Cloud-Native will become a primary necessity to make the optimum use of evolving DevOps technology. This gives businesses a competitive edge fast-tracking the time to market. It fosters both innovation and technological advancement.
Therefore, cloud-native applications will witness a growth in 2020, which expectedly will increase cloud automation.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
The top 5 DevOps trends for 2020 are:
-
Automation through Artificial Intelligence (AI)
-
DevSecOps will become a Top Priority in Security
-
DevOps and Golang
-
The Use of Serverless Architecture
-
Cloud-native DevOps will gain prominence
Statistical highlights
- A 7% boost in DevOps adoption from 2017 to 2018 as cited in The article in Hackernoon
- According to the estimates from IDC, the DevOps software market projects growth from $2.9 billion in 2017 to $6.6 billion in 2022
- The DevOps market size will reach $12.85 billion by 2025 as stated by Grand View Research,
- DevOps will be a part of the mainstream and reach its peak in 2020.
DevOps is a combination of "Development" and "Operations" which underscores the significance of communication and collaboration between the developers and operations teams. The aim is to build an environment for developers, testers and operational personnel to engage seamlessly in creating products faster, and achieve the goals with quicker turnaround time.
Significant headway has been made in the evolution of DevOps among many enterprises in the past few years and will continue to be extensive. Many enterprises have started using DevOps solution, which has made significant inroads. 2020 will prove to be crucial as thought leaders and experts plan in the implementation of for DevOpsin the business process as the usage is expected to be both intense and extensive. Senior-level executives acknowledge that the DevOps role is growing to the point of proving to become a major disruption in how projects can be successfully completed and implemented.
Let's talke a look at the Top 5 DevOps Trends for 2020:
Automation through Artificial Intelligence (AI)
How does AI support DevOps implement?
Automation is fast becoming essential to DevOps, especially zero-touch automation.
So what is about zero-touch automation? It makes use of machine learning to automate the backup eliminating the need for human touch. This again is made possible by Artificial Intelligence which processes huge data which could prove time-consuming if handled by a human.
Artificial Intelligence enhances DevOps processes through conventional monitoring activities.
Artificial Intelligence plays a key role in optimizing test cases. It helps to identify the test cases which are to be executed, thus reducing the total time to launch the application into production, eliminating the risks related to system stability.
DevOps automation becomes irreplaceable for creating builds efficiently without consuming much time. AI helps in the processing of the extensive amount of data and through analytical technologies detects patters in making the right predictions. AI will help in automating the functional, acceptance and deployment testing to ensure the project releases are faster accelerating the time to market.
AI can help in identifying issues that may arise in continuous integration (CI) or continuous development (CD) enabling the DevOps teams to act upon swiftly based on the data collected.
DevSecOps Will Become Top Priority in Security
The emphasis placed on security will be the highest. With the advent of technology, not only has it becomes vast but increasingly complex and unpredictable. One of the top DevOps trends is definitely security and DevSecOps might sound strange and new term but it does create security awareness. In the year 2020 DevSecOps will become more prominent as it pushes the security-first approach integrating security measures in the DevOps process.
With the increasing and disturbing breaches especially in cybersecurity impacting the compact’s reputation and bottom line, data privacy regulations have been brought into force like PSD2 and GDPR, prioritizing on stepping up security is imperative and that’s where DevSecOps proves to more than a buzzword. DevSecOps injects security into the process to resist and reduce the vulnerabilities. Faster code generation means more vulnerabilities and integrates security in DevOps through DevSecOps will keep the system flawless, effective and efficient.
DevOps and Golang
One of the main predication for DevOps is the flouring of DevOps and Golang. Golang is a programming language created by Google and its impact on the DevOps community is striking. An array of DevOps tools like Kubernetes, Helm, Docker, Etcd, and Istio among others are created using Golang is the programming language. The main reason for choosing Golang is its compilation into stand-alone binary. The development in Golang doesn’t require the setup of the entire environment and still gets the work done in a fast manner.
Golang as a language might be relatively new, but it aligns well with goals of DevOps like scalability, performance efficiency, portability and modularity in the application development process.
Some of the top brands like Uber, Twitter, Apple, Docker, YouTube, Dropbox use the Golang, which is a cloud-programming language. Golang syncs perfectly well with the DevOps ecosystem and fast becoming popular and preferred by the DevOps teams as the features offered in this language help in developing concurrent programs that are highly competitive to obtain the precise outcomes. Golang is the language to watch making it one of the top trends in DevOps 2020.
The Use Of Serverless Architecture
According to CBNINSIGHTS, The serverless market is expected to reach $7.7B by 2021, up from $1.9B in 2016. serverless computing is used by the DevOps team to simplify operations, scalability for development and the flexibility of the cost-effective model of pay-as-you-go pricing. the server-less architecture will take DevOps to the next level. By serverless, it does not mean free from a server but it employs a cloud service, which is actually a third party that takes care of the entire architecture. This arrangement makes it possible for the developers to concentrate on the “Application Part”. The two special features of the serverless architecture are FaaS and BaaS. The main advantage of using the Serverless Architecture is cutting down on cost, resilient workflow and time-saving. The future is expected to put into use this Serverless Architecture because of the developer's productivity, greater scalability, rapid deployment, and incredible user experience and more companies will use serverless computation in DevOps.
Cloud-native DevOps will gain prominence
Oracle predicts that 80 percent of all enterprise workloads will move to the cloud by 2025.
Experts predict that there will be a boom in the adoption of Kubernetes in 2020. This is because of features, easy integration with other cloud platforms and ease of use.
The DevOps latest trends in 2020 relate to Cloud-Native practices.
Presently AWS is clearly the market leader in cloud storage and computing followed by Azure and GCP.
There is a shift as DevOps-minded teams are moving to the cloud arrangement to take advantage of improved visibility, resilient architecture and faster changes to production. This drives advanced transformation, innovation, and compelling user experience.
Cloud architecture is into simple-to-operate services (PaaS, FaaS, and IaaS). The scalable hardware makes it easy for the DevOps organization to make changes easily. Faster software release is made possible with cloud automation.
Cloud-Native will become a primary necessity to make the optimum use of evolving DevOps technology. This gives businesses a competitive edge fast-tracking the time to market. It fosters both innovation and technological advancement.
Therefore, cloud-native applications will witness a growth in 2020, which expectedly will increase cloud automation.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve? Let us know your thoughts in the 'Comments' section below. Thank you.
Top 10 Tips to Enhance Project Communication for Project Success
:
The key role of the project manager is to communicate with stakeholders and team members. In order to attain a smooth project flow, the interaction with stakeholders plays an important role for the project managers to plan, execute, monitor and deliver.
Communication
According to PMI- Pulse Of The Profession In-Depth Report,
Organizations possessing effective communication have more successful projects.
Poor communication leads to project failure. The conflicts due to poor or ineffective communication can result in a negative work environment. The project manager should possess effective communication skills to manage the project successfully.
According to Forbes Insights 2010 Strategic Initiatives report,
- 88% of the strategists say that communications are critical to the success of their strategic initiatives
- 46% that communications are an integral and active component of the strategic planning and execution process.
According to PMI’s Pulse of the Profession report, Effective communication is the most crucial success factor in project management life cycle. On average, one out of five projects fails due to a lack of communication between the project manager, team members, and stakeholders.
Here are the 10 tips to enhance project management:
- Active listening
- Practice non-verbal communication
- Use milestone tracker
- Automate reports
- Use email mailing lists
- Use voicemail
- Use a communication calendar
- Always be available for discussions
- Use checklists
- Use collaboration tools
1. Active Listening
Listening is very essential for a better understanding of the project. There is a significant difference between hearing and listening. When the project manager or team members fail to listen, they miss information, they misunderstand and finally, the result of the project activity will not be as per the requirement and expectation.
Making eye contact and an occasional nod, keeping your phone aside while interacting face to face can help you to actively listen and understand.
2. Practice Non-Verbal Communication
It is not necessary that only verbal communication is effective. According to PMI,
“Only 7% of our communication is verbal—the content of our communication.
Thirty-eight percent is conveyed through the quality of voice—tone, volume, speed, and pitch. Fifty-five percent is through posture, movements, gestures, facial expressions, breathing, and skin-color changes.”
3. Use milestone tracker
Prepare yourself for further communications. Keep track of all your work. Record all the information you need to communicate with others. The milestone tracker can be a simple Excel sheet. The color codes can be used to represent the status of the data an effective way of communicating and keeping updated about work progress.
4. Automate reports
The reports are automatically generated and updated using the software. This helps in communicating clear data regularly with minimum error. The data is automatically fetched and integrated through APIs. There are softwares that can automatically create dashboards and reports in a single click. Automated reports help in providing accurate data required and it is also easy to distribute the data.
5. Use email mailing list
Using mailing lists helps in distributing the messages effectively without missing anyone. This mode of communication ensures the message has reached everyone. The distribution lists of all the mail ids involved in the project are created at once and changes are communicated through group emails. Greetings for the new employee or the farewell for the team member, the group emails are always an effective mode of communication.
6. Use voicemail
Whenever you are not available in your workplace, updating your voicemail for non-availability will leave a professional impression on others. Changing your voicemail is very important after you come back. Whenever you missed any calls voicemail will help you to prioritize your call.
7. Use a communication calendar
Creating a communication calendar will help you to plan your communication for a year. There are many communication assets.
- Newsletters
- Press releases
- Internal magazine articles
- Posters
- Flyers and leaflets
- Photos.
Communication calendars will also help you to keep reminders to update the flow of the project. If creating a communication calendar is missed, chances are there to skip the activity or prioritize other project activities.
8. Always be available for discussions
Communications are better when interacted face to face. Discussions on any issue are very effective to reach a common conclusion. The face to face interaction has its own perks. It will resolve issues, build a good work relationship. Meetings provide a platform to express your views and take a stand on your decisions.
9. Use checklists
Creating checklists of the regular tasks you do will keep your project activities in the track. Sharing the checklists with team members or managers can clearly convey the status of the project task. The checklists can be meeting with stakeholders, gathering all the requirements, allocation of resources, monitor the progress, etc.
10. Use collaboration tools
There are many collaboration tools available in the market. Technology and automation allow employees to work from any location. The tools are available for\
- File Sharing
- Chat
- Calendar management
- Project templates
- Search functionality
- API
- Automatic notifications
- Workflow management
- Task scheduling
- Access control
- Reporting & statistics
- Time tracking by project
- Document storage
- Activity logging
- Discussion board
- Instant messaging
- Prioritizing
The list of tools for effective communication are:
- Project Management Tools: Proofhub
- Real-Time Chat Tools: Microsoft Teams, HipChat
- Voice and Video Conferencing tools: Zoom, Skype
- Document Collaboration tools: Office365, G Suite
- Internal Communication Tools: Jive, Yammer
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
The key role of the project manager is to communicate with stakeholders and team members. In order to attain a smooth project flow, the interaction with stakeholders plays an important role for the project managers to plan, execute, monitor and deliver.
Communication
According to PMI- Pulse Of The Profession In-Depth Report,
Organizations possessing effective communication have more successful projects.
Poor communication leads to project failure. The conflicts due to poor or ineffective communication can result in a negative work environment. The project manager should possess effective communication skills to manage the project successfully.
According to Forbes Insights 2010 Strategic Initiatives report,
- 88% of the strategists say that communications are critical to the success of their strategic initiatives
- 46% that communications are an integral and active component of the strategic planning and execution process.
According to PMI’s Pulse of the Profession report, Effective communication is the most crucial success factor in project management life cycle. On average, one out of five projects fails due to a lack of communication between the project manager, team members, and stakeholders.
Here are the 10 tips to enhance project management:
- Active listening
- Practice non-verbal communication
- Use milestone tracker
- Automate reports
- Use email mailing lists
- Use voicemail
- Use a communication calendar
- Always be available for discussions
- Use checklists
- Use collaboration tools
1. Active Listening
Listening is very essential for a better understanding of the project. There is a significant difference between hearing and listening. When the project manager or team members fail to listen, they miss information, they misunderstand and finally, the result of the project activity will not be as per the requirement and expectation.
Making eye contact and an occasional nod, keeping your phone aside while interacting face to face can help you to actively listen and understand.
2. Practice Non-Verbal Communication
It is not necessary that only verbal communication is effective. According to PMI,
“Only 7% of our communication is verbal—the content of our communication.
Thirty-eight percent is conveyed through the quality of voice—tone, volume, speed, and pitch. Fifty-five percent is through posture, movements, gestures, facial expressions, breathing, and skin-color changes.”
3. Use milestone tracker
Prepare yourself for further communications. Keep track of all your work. Record all the information you need to communicate with others. The milestone tracker can be a simple Excel sheet. The color codes can be used to represent the status of the data an effective way of communicating and keeping updated about work progress.
4. Automate reports
The reports are automatically generated and updated using the software. This helps in communicating clear data regularly with minimum error. The data is automatically fetched and integrated through APIs. There are softwares that can automatically create dashboards and reports in a single click. Automated reports help in providing accurate data required and it is also easy to distribute the data.
5. Use email mailing list
Using mailing lists helps in distributing the messages effectively without missing anyone. This mode of communication ensures the message has reached everyone. The distribution lists of all the mail ids involved in the project are created at once and changes are communicated through group emails. Greetings for the new employee or the farewell for the team member, the group emails are always an effective mode of communication.
6. Use voicemail
Whenever you are not available in your workplace, updating your voicemail for non-availability will leave a professional impression on others. Changing your voicemail is very important after you come back. Whenever you missed any calls voicemail will help you to prioritize your call.
7. Use a communication calendar
Creating a communication calendar will help you to plan your communication for a year. There are many communication assets.
- Newsletters
- Press releases
- Internal magazine articles
- Posters
- Flyers and leaflets
- Photos.
Communication calendars will also help you to keep reminders to update the flow of the project. If creating a communication calendar is missed, chances are there to skip the activity or prioritize other project activities.
8. Always be available for discussions
Communications are better when interacted face to face. Discussions on any issue are very effective to reach a common conclusion. The face to face interaction has its own perks. It will resolve issues, build a good work relationship. Meetings provide a platform to express your views and take a stand on your decisions.
9. Use checklists
Creating checklists of the regular tasks you do will keep your project activities in the track. Sharing the checklists with team members or managers can clearly convey the status of the project task. The checklists can be meeting with stakeholders, gathering all the requirements, allocation of resources, monitor the progress, etc.
10. Use collaboration tools
There are many collaboration tools available in the market. Technology and automation allow employees to work from any location. The tools are available for\
- File Sharing
- Chat
- Calendar management
- Project templates
- Search functionality
- API
- Automatic notifications
- Workflow management
- Task scheduling
- Access control
- Reporting & statistics
- Time tracking by project
- Document storage
- Activity logging
- Discussion board
- Instant messaging
- Prioritizing
The list of tools for effective communication are:
- Project Management Tools: Proofhub
- Real-Time Chat Tools: Microsoft Teams, HipChat
- Voice and Video Conferencing tools: Zoom, Skype
- Document Collaboration tools: Office365, G Suite
- Internal Communication Tools: Jive, Yammer
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What is the Importance of Emotional Intelligence in Project Management?
:
:
Emotional intelligence is the ability to recognize and regulate your emotions as well as other’s emotions. The ability to sense and understand emotions and act accordingly in order to manage the team with emotions and empathy is called emotional intelligence in project management.
According to Sodexo, The World Economic Forum identifies Emotional Intelligence as one of the top 10 competencies for 2020
According to HR Daily ,
According to HR managers, the greatest benefit of hiring an employee with the highest emotional intelligence is increasing morale.
What are the components of Emotional Intelligence?
Emotional intelligence is measured in five categories:
- Social skills: The ability to find common ground with others by maintaining friendships and good relationships with others.
- Motivation: The ability to build an interest in learning and self-improvement is called motivation. Motivation includes the increasing measure of commitment towards the task.
- Empathy: The ability to understand others’ emotions and reactions. The quality of empathy includes understanding others perception, ability to anticipate problems
- Self-regulation: The ability to hold the emotions and control one’s impulses. It also includes the ability to respond appropriately to others’ behavior and emotions.
- Self-awareness: The ability to understand one’s mood and the effects they have on others.
What is the importance of Emotional Intelligence in project management?
Project management involves a lot of communication and face to face interactions. Emotional intelligence helps the project managers to have effective communication and reduction in conflicts. Emotional intelligence plays an important role in all aspects of project management.
Emotional intelligence can enhance the effectiveness of all the knowledge areas of project management. According to PMI, The relevant concepts of emotional intelligence are applied in each of the knowledge areas.
Knowledge Area
Most Relevant EQ Concept
Project Integration Management
Self-awareness
Project Scope Management
Self-awareness + Self-regulation
Project Schedule Management
Self-regulation
Project Cost Management
Self-regulation + Motivation
Project Quality Management
Motivation
Project Resource Management
Motivation + Empathy
Project Communications Management
Empathy
Project Risk Management
Empathy
Project Procurement Management
Social Skills
Project Stakeholder Management
Social skills + self-awareness
- Project Integration Management: In order to define the project strategy, the project manager has to be self-aware of emotions, weaknesses, and strengths. Self-awareness will help you to identify the stakeholders. The working relationship between all the stakeholders should be tied together through emotional intelligence.
- Project Scope Management: Defining scope requires keeping everyone involved on track and adhere to the defined scope of the project. In order to define the scope, the project manager has to be self-aware and self- ejaculated. The control on self will help the project manager to define the scope and adhere to the purpose of the project.
- Project Schedule Management: To create a schedule, a project manager should not fluctuate his mind and keep calm to make realistic estimates. Self-regulation is a must to keep values and yourself accountable.
- Project Cost Management: Self-regulation and self-motivation play a very vital role in successfully managing the cost. The optimum utilization of the budget allotted can be managed successfully if you possess self-regulation and self-motivation traits.
- Project Quality Management: Self-motivated individuals can successfully manage the quality of the project. Sometimes, even after submitting the quality deliverables, difficult negotiation skills are required to manage the auditors. Emotional intelligence can help you to successfully maintain the quality of the project.
- Project Resource Management: The ability to set clear goals with the available resources can be possible by a highly motivated project manager. Resource management also involves building a good relationship with the team, understanding the team’s requirements, resolving conflicts, responding to the emotions of the team members.
- Project Communication Management: Effective communication can be achieved by possessing empathetic behavior towards team members. Responding to the feelings and emotions of team members can help you build a good working relationship. Emotional Intelligence helps you to identify what stakeholders need and help you to respond effectively.
- Project Risk Management: Emotional intelligence can help you to identify the source of the risk and will enable you to effectively mitigate them. Possessing Empathy can aid to put all the risk into perspective and help identify the likelihood and impact associated with risk.
- Project Procurement Management: Having social skills can help you in procuring the required services or products. It will help you to build a strong relationship for future projects.
- Project Stakeholder Management: Stakeholder management is one of the most crucial aspects of project management. The ability to socialize with other stakeholders will benefit to maintain a good relationship. Also, self-awareness will help to effectively manage all the stakeholders' needs and requirements.
What are the ways to improve Emotional Intelligence?
The following are the 5 ways to improve emotional intelligence:
- Become self-aware of your emotions and feelings
- Monitor your responses, examine them, assess your trigger points.
- Understand the perspective of others
- Empathize with others
- Listen attentively
- Develop connections with the people working with you
- Keeping the balance between self and others’ emotional balance
What are the tools available to test our emotional intelligence?
Emotional intelligence tools enable you to recognize your emotional balance level. The tools available can be categorized in terms of,
Ability Based: Mayer-Salovey-Caruso Emotional Intelligence Test (MSCEIT)
Trait-based: Bar-On EQ-i
Competency-based: ECI
Behavior-based: Genos
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
:
Emotional intelligence is the ability to recognize and regulate your emotions as well as other’s emotions. The ability to sense and understand emotions and act accordingly in order to manage the team with emotions and empathy is called emotional intelligence in project management.
According to Sodexo, The World Economic Forum identifies Emotional Intelligence as one of the top 10 competencies for 2020
According to HR Daily ,
According to HR managers, the greatest benefit of hiring an employee with the highest emotional intelligence is increasing morale.
What are the components of Emotional Intelligence?
Emotional intelligence is measured in five categories:
- Social skills: The ability to find common ground with others by maintaining friendships and good relationships with others.
- Motivation: The ability to build an interest in learning and self-improvement is called motivation. Motivation includes the increasing measure of commitment towards the task.
- Empathy: The ability to understand others’ emotions and reactions. The quality of empathy includes understanding others perception, ability to anticipate problems
- Self-regulation: The ability to hold the emotions and control one’s impulses. It also includes the ability to respond appropriately to others’ behavior and emotions.
- Self-awareness: The ability to understand one’s mood and the effects they have on others.
What is the importance of Emotional Intelligence in project management?
Project management involves a lot of communication and face to face interactions. Emotional intelligence helps the project managers to have effective communication and reduction in conflicts. Emotional intelligence plays an important role in all aspects of project management.
Emotional intelligence can enhance the effectiveness of all the knowledge areas of project management. According to PMI, The relevant concepts of emotional intelligence are applied in each of the knowledge areas.
Knowledge Area |
Most Relevant EQ Concept |
Project Integration Management |
Self-awareness |
Project Scope Management |
Self-awareness + Self-regulation |
Project Schedule Management |
Self-regulation |
Project Cost Management |
Self-regulation + Motivation |
Project Quality Management |
Motivation |
Project Resource Management |
Motivation + Empathy |
Project Communications Management |
Empathy |
Project Risk Management |
Empathy |
Project Procurement Management |
Social Skills |
Project Stakeholder Management |
Social skills + self-awareness |
- Project Integration Management: In order to define the project strategy, the project manager has to be self-aware of emotions, weaknesses, and strengths. Self-awareness will help you to identify the stakeholders. The working relationship between all the stakeholders should be tied together through emotional intelligence.
- Project Scope Management: Defining scope requires keeping everyone involved on track and adhere to the defined scope of the project. In order to define the scope, the project manager has to be self-aware and self- ejaculated. The control on self will help the project manager to define the scope and adhere to the purpose of the project.
- Project Schedule Management: To create a schedule, a project manager should not fluctuate his mind and keep calm to make realistic estimates. Self-regulation is a must to keep values and yourself accountable.
- Project Cost Management: Self-regulation and self-motivation play a very vital role in successfully managing the cost. The optimum utilization of the budget allotted can be managed successfully if you possess self-regulation and self-motivation traits.
- Project Quality Management: Self-motivated individuals can successfully manage the quality of the project. Sometimes, even after submitting the quality deliverables, difficult negotiation skills are required to manage the auditors. Emotional intelligence can help you to successfully maintain the quality of the project.
- Project Resource Management: The ability to set clear goals with the available resources can be possible by a highly motivated project manager. Resource management also involves building a good relationship with the team, understanding the team’s requirements, resolving conflicts, responding to the emotions of the team members.
- Project Communication Management: Effective communication can be achieved by possessing empathetic behavior towards team members. Responding to the feelings and emotions of team members can help you build a good working relationship. Emotional Intelligence helps you to identify what stakeholders need and help you to respond effectively.
- Project Risk Management: Emotional intelligence can help you to identify the source of the risk and will enable you to effectively mitigate them. Possessing Empathy can aid to put all the risk into perspective and help identify the likelihood and impact associated with risk.
- Project Procurement Management: Having social skills can help you in procuring the required services or products. It will help you to build a strong relationship for future projects.
- Project Stakeholder Management: Stakeholder management is one of the most crucial aspects of project management. The ability to socialize with other stakeholders will benefit to maintain a good relationship. Also, self-awareness will help to effectively manage all the stakeholders' needs and requirements.
What are the ways to improve Emotional Intelligence?
The following are the 5 ways to improve emotional intelligence:
- Become self-aware of your emotions and feelings
- Monitor your responses, examine them, assess your trigger points.
- Understand the perspective of others
- Empathize with others
- Listen attentively
- Develop connections with the people working with you
- Keeping the balance between self and others’ emotional balance
What are the tools available to test our emotional intelligence?
Emotional intelligence tools enable you to recognize your emotional balance level. The tools available can be categorized in terms of,
Ability Based: Mayer-Salovey-Caruso Emotional Intelligence Test (MSCEIT)
Trait-based: Bar-On EQ-i
Competency-based: ECI
Behavior-based: Genos
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve? Let us know your thoughts in the 'Comments' section below. Thank you.
10 Common Project Management Mistakes To Avoid For Project Success
:
Project Management is all about maintaining the correct flow of the project, mitigating all the risks encountered. There are many aspects of project management to be taken care of. A successful project manager is the one who manages tasks, resources, budget, dependencies, and risks to successfully complete the project on time. The project manager should be well versed in the methodologies, business strategy, the objective of the project, and should have,
- Effective Communication Skill
- High-Vision
- Integrity and honesty
- Leadership
- Problem-solving skills
- Ability to motivate a team
- Task delegation
- Decision-making skills
- Negotiation skills
- Risk mitigation skill
Project Manager brings complete clarity on the scope of each function, the sequence of interdependency between functions, expected timeline for each function with a complete resource plan
According to the Pulse of the Profession 2018: Success in Disruptive Times,
The following are the reasons why the project fails:
Project management is quite challenging. The Project Manager must be always aware of the risks in the action taken, and hence should be careful to execute those actions with minimal risks or risks that can be mitigated and eliminated. The chances of taking the wrong step are quite high depending on the complexity of the project.
Here are the common mistakes of project management to avoid:
- Lack of communication between stakeholders
- Poor Resouce Management
- Lack of knowledge on the project objective
- Poor Prioritization
- Lack of control on changes
- Not following project management processes
- Not using project management softwares and tools
- Setting unrealistic goals
- Micromanaging the team
- Incorrect estimation of Budget and Time
1. Lack of communication between stakeholders
Lack of communication leads to insufficient knowledge of the requirements of the project. It affects the overall performance of the team. Effective communication is required to run the project activities successfully.
The required message to be conveyed should be clear and always have a record. Communication involves,
Encoding= Creating a message
Decoding= Interpreting and understanding the meaning of the message sent.
The primary rule of communication in project management is to inform the respective stakeholder about any change in the requirement.
Varying expectations can affect the overall project quality, cost, and schedule. Poor communication also affects team members.
The project schedule is disturbed when the required message is not reached on time. Poor communication between stakeholders can cause confusion among team members.
Almost 29% of the projects fail due to poor communication.
Project managers with effective communication skills convey the project goal, motivate the team and resolve the conflicts.
2. Poor Resource Management
The resources can be anything that is required to deliver the project on time. Resources can be people, equipment, skillset, space, tools, finances and time.
Poor project resource management can cause,
- Unsatisfactory deliverables
- Unexpected setbacks
- Increase in re-work
- Increase in cost
Identifying the wrong resources in terms of their skill set can result in poor quality, rework, and increase the overall cost of the project.
Effective resource management is carried out using the following technique:
Resource Allocation: Depending on their availability and skills, the resources are allocated to perform the project activities.
Resource Scheduling: The estimation of the resource required to complete the project activities within the specified timeframe.
Resource Leveling and Resource Smoothing: Resource leveling and resource smoothing take care of limited resources. It generally avoids over-allocation and under-allocation.
Resource Forecasting: The process of predicting future resource requirements ahead of time is resource forecasting.
3. Lack of knowledge on the project objective or goal
Unclear project objectives can cause project failure. The project objective and goal should be defined at the initiation stage to avoid miscommunication and wrong understanding of the project.
In order to define the project objective clearly, DUMB method is used
Doable
Understandable
Manageable
Beneficial
By using a DUMB method, the project manager can set clear goals and define the project objective.
4. Poor Prioritization
Aligning the project activities and resources according to the project strategy is called project prioritization. Poor prioritization of the project activities can lead to,
- Project failure
- Delay in closing the project
- Unsatisfactory customer response
- Missed business goals
Effective project prioritization focuses on whole project delivery and can be carried out by using the following processes:
Value definition: The strategic value of the organization is defined by addressing the strategic goals to all the key stakeholders.
Weight your criteria: The process of turning all the business values and strategies to weighted criteria. All business goals are not equally important. The value of each business goal is measured.
Evaluate and score your project: The list of all the project activities are put together and evaluated according to weighted criteria.
Make the final prioritized list: According to the score of each project, the list is prepared.
5. Lack of Control on changes
Change control is a critical aspect of project management. Changes can occur anytime throughout the project life cycle. Changes become inevitable despite capturing everything in the scope but the changes must be controlled to avoid scope creep. Changes in the scope of the project can lead to project failure. Poor change management will result in
- The project might be put on hold
- Project delays
- Rework
- The project might fail to deliver
- Impact on customers
- Decline in morale
- Increase in expenses
The ADKAR model is used for effective change control.
Awareness: spreading awareness of change
Desire: Building desire to accept the change and support it
Knowledge: Training team members to gain complete knowledge of the change to be implemented.
Ability: Check the ability through evaluations and feedbacks
Reinforcement: Monitor the employees implementing the changes.
6. Not following project management processes
Poor project management causes project failure. The set of guidelines are to be followed. Project management is a complex process. Creating the work schedule in the initiation stage and assigning the tasks according to the schedule and monitoring will lead to successful projects. Processes are there to help the project run smoothly. Skipping the process can be the reason for rework.
7. Not using project management softwares and tools
In this digitalized era, not utilizing the softwares and tools is the common mistake in project management. There are many tools and softwares which help project managers to accelerate the project with minimum time. It helps in planning and executing and monitoring the project. Working manually and doing everything on your own takes a lot of time and chances of making mistakes are more. There are many project management tools available to fulfill the fundamental requirement. There are project management tools for the following functions:
Planning and Scheduling: The tools are available to plan tasks, subtasks, folders, templates, and workflows.
Tools for planning: Teamweek, 10,000 Ft plans
Collaboration: there are many other tools available other than emails.
Documentation: File management tools are available to manage the documents and records.
Evaluation: Tracking and evaluating is much simpler with tools.
8. Setting unrealistic goals
Setting unrealistic goals will increase work pressure in the team members. The unrealistic deadlines lead to poor quality of deliverables. Due to work pressure, the employee will target to finish the goal rather than producing a quality result.
The deadline for the project should be decided considering all the aspects such as
budget, time, resources availability, customers, stakeholders, suppliers.
9. Micromanaging the team
Micromanaging is one of the most critical factors to arise in conflicts. In simple terms, micromanaging is trying to control and monitor everything in the team. Micromanaging holds good in smaller teams as it makes complex operations more reliable. In larger organizations, the manager might lose track of the bigger assignment. Even though it gives a clear picture of the operations involved, over-controlling might affect the productivity of the team members.
The Objective and Key Results (OKR) is a technique used to micromanage without over-controlling. It provides all the useful elements to manage a team.
- OKRs allow the team to focus on their objective which is set every quarter.
- The objectives should be actionable and have a deadline.
- 4 measurable results are defined for each objective.
- The result should be measurable and lead to progress.
- The result should be quite difficult but achievable.
10. Incorrect estimation of Budget and Time
Lack of knowledge on the project at the initiation stage results in uncertainty in the estimates. Insufficient knowledge of the requirements and dependencies causes the wrong estimation of budget and time.
Incorrect estimates are not the direct cause of project failure. Poor estimation practices and Upfront planning are the main causes of incorrect estimation.
All the projects are different in terms of requirements, technology, business context, and constraints.
In order to minimize the errors in estimation and issue faced during execution,
- Ranged estimates are provided using a cone of uncertainty.
- Re-plan and re-estimates are done while tracking the progress of the project.
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
iCert Global both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in 2020? Let us know your thoughts in the 'Comments' section below.
Thank you for reading this blog post. Hope you found it useful and interesting. Team iCert Global wishes you all the best for your learning endeavors.
Read More
:
Project Management is all about maintaining the correct flow of the project, mitigating all the risks encountered. There are many aspects of project management to be taken care of. A successful project manager is the one who manages tasks, resources, budget, dependencies, and risks to successfully complete the project on time. The project manager should be well versed in the methodologies, business strategy, the objective of the project, and should have,
- Effective Communication Skill
- High-Vision
- Integrity and honesty
- Leadership
- Problem-solving skills
- Ability to motivate a team
- Task delegation
- Decision-making skills
- Negotiation skills
- Risk mitigation skill
Project Manager brings complete clarity on the scope of each function, the sequence of interdependency between functions, expected timeline for each function with a complete resource plan
According to the Pulse of the Profession 2018: Success in Disruptive Times,
The following are the reasons why the project fails:
Project management is quite challenging. The Project Manager must be always aware of the risks in the action taken, and hence should be careful to execute those actions with minimal risks or risks that can be mitigated and eliminated. The chances of taking the wrong step are quite high depending on the complexity of the project.
Here are the common mistakes of project management to avoid:
- Lack of communication between stakeholders
- Poor Resouce Management
- Lack of knowledge on the project objective
- Poor Prioritization
- Lack of control on changes
- Not following project management processes
- Not using project management softwares and tools
- Setting unrealistic goals
- Micromanaging the team
- Incorrect estimation of Budget and Time
1. Lack of communication between stakeholders
Lack of communication leads to insufficient knowledge of the requirements of the project. It affects the overall performance of the team. Effective communication is required to run the project activities successfully.
The required message to be conveyed should be clear and always have a record. Communication involves,
Encoding= Creating a message
Decoding= Interpreting and understanding the meaning of the message sent.
The primary rule of communication in project management is to inform the respective stakeholder about any change in the requirement.
Varying expectations can affect the overall project quality, cost, and schedule. Poor communication also affects team members.
The project schedule is disturbed when the required message is not reached on time. Poor communication between stakeholders can cause confusion among team members.
Almost 29% of the projects fail due to poor communication.
Project managers with effective communication skills convey the project goal, motivate the team and resolve the conflicts.
2. Poor Resource Management
The resources can be anything that is required to deliver the project on time. Resources can be people, equipment, skillset, space, tools, finances and time.
Poor project resource management can cause,
- Unsatisfactory deliverables
- Unexpected setbacks
- Increase in re-work
- Increase in cost
Identifying the wrong resources in terms of their skill set can result in poor quality, rework, and increase the overall cost of the project.
Effective resource management is carried out using the following technique:
Resource Allocation: Depending on their availability and skills, the resources are allocated to perform the project activities.
Resource Scheduling: The estimation of the resource required to complete the project activities within the specified timeframe.
Resource Leveling and Resource Smoothing: Resource leveling and resource smoothing take care of limited resources. It generally avoids over-allocation and under-allocation.
Resource Forecasting: The process of predicting future resource requirements ahead of time is resource forecasting.
3. Lack of knowledge on the project objective or goal
Unclear project objectives can cause project failure. The project objective and goal should be defined at the initiation stage to avoid miscommunication and wrong understanding of the project.
In order to define the project objective clearly, DUMB method is used
Doable
Understandable
Manageable
Beneficial
By using a DUMB method, the project manager can set clear goals and define the project objective.
4. Poor Prioritization
Aligning the project activities and resources according to the project strategy is called project prioritization. Poor prioritization of the project activities can lead to,
- Project failure
- Delay in closing the project
- Unsatisfactory customer response
- Missed business goals
Effective project prioritization focuses on whole project delivery and can be carried out by using the following processes:
Value definition: The strategic value of the organization is defined by addressing the strategic goals to all the key stakeholders.
Weight your criteria: The process of turning all the business values and strategies to weighted criteria. All business goals are not equally important. The value of each business goal is measured.
Evaluate and score your project: The list of all the project activities are put together and evaluated according to weighted criteria.
Make the final prioritized list: According to the score of each project, the list is prepared.
5. Lack of Control on changes
Change control is a critical aspect of project management. Changes can occur anytime throughout the project life cycle. Changes become inevitable despite capturing everything in the scope but the changes must be controlled to avoid scope creep. Changes in the scope of the project can lead to project failure. Poor change management will result in
- The project might be put on hold
- Project delays
- Rework
- The project might fail to deliver
- Impact on customers
- Decline in morale
- Increase in expenses
The ADKAR model is used for effective change control.
Awareness: spreading awareness of change
Desire: Building desire to accept the change and support it
Knowledge: Training team members to gain complete knowledge of the change to be implemented.
Ability: Check the ability through evaluations and feedbacks
Reinforcement: Monitor the employees implementing the changes.
6. Not following project management processes
Poor project management causes project failure. The set of guidelines are to be followed. Project management is a complex process. Creating the work schedule in the initiation stage and assigning the tasks according to the schedule and monitoring will lead to successful projects. Processes are there to help the project run smoothly. Skipping the process can be the reason for rework.
7. Not using project management softwares and tools
In this digitalized era, not utilizing the softwares and tools is the common mistake in project management. There are many tools and softwares which help project managers to accelerate the project with minimum time. It helps in planning and executing and monitoring the project. Working manually and doing everything on your own takes a lot of time and chances of making mistakes are more. There are many project management tools available to fulfill the fundamental requirement. There are project management tools for the following functions:
Planning and Scheduling: The tools are available to plan tasks, subtasks, folders, templates, and workflows.
Tools for planning: Teamweek, 10,000 Ft plans
Collaboration: there are many other tools available other than emails.
Documentation: File management tools are available to manage the documents and records.
Evaluation: Tracking and evaluating is much simpler with tools.
8. Setting unrealistic goals
Setting unrealistic goals will increase work pressure in the team members. The unrealistic deadlines lead to poor quality of deliverables. Due to work pressure, the employee will target to finish the goal rather than producing a quality result.
The deadline for the project should be decided considering all the aspects such as
budget, time, resources availability, customers, stakeholders, suppliers.
9. Micromanaging the team
Micromanaging is one of the most critical factors to arise in conflicts. In simple terms, micromanaging is trying to control and monitor everything in the team. Micromanaging holds good in smaller teams as it makes complex operations more reliable. In larger organizations, the manager might lose track of the bigger assignment. Even though it gives a clear picture of the operations involved, over-controlling might affect the productivity of the team members.
The Objective and Key Results (OKR) is a technique used to micromanage without over-controlling. It provides all the useful elements to manage a team.
- OKRs allow the team to focus on their objective which is set every quarter.
- The objectives should be actionable and have a deadline.
- 4 measurable results are defined for each objective.
- The result should be measurable and lead to progress.
- The result should be quite difficult but achievable.
10. Incorrect estimation of Budget and Time
Lack of knowledge on the project at the initiation stage results in uncertainty in the estimates. Insufficient knowledge of the requirements and dependencies causes the wrong estimation of budget and time.
Incorrect estimates are not the direct cause of project failure. Poor estimation practices and Upfront planning are the main causes of incorrect estimation.
All the projects are different in terms of requirements, technology, business context, and constraints.
In order to minimize the errors in estimation and issue faced during execution,
- Ranged estimates are provided using a cone of uncertainty.
- Re-plan and re-estimates are done while tracking the progress of the project.
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
iCert Global both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in 2020? Let us know your thoughts in the 'Comments' section below.
Thank you for reading this blog post. Hope you found it useful and interesting. Team iCert Global wishes you all the best for your learning endeavors.
Top 10 Agile Software Development Trends in 2020
:
With the onset of 2020, we behold a major change in the software development world which has evolved a lot since the last decade. The process of building software has changed in the following way:
- As the present times continue to push Agile adoption which is gaining widespread recognition and acceptance because of its iterative development, Agile methodologies have become as popular and at times even outpace as the Traditional Waterfall methodologies.
- Object-oriented programming has changed to more technical and functional language
- The software development has become easier with premade solutions.
- Agile made software development and deployment differently through DevOps.
- “One-size-fits-all” solutions do not hold good for all the projects. A multi-dimensional framework is introduced based on the fundamental practices of project management.
- Development pace has increased due to lesser manual intervention
- Application Programming Interface (APIs) are growing
According to the report by EY: Digital Transformation for 2020 and beyond, Global Telecommunications Study, improved organizational agility is at the heart of successful digital transformation.
The book, Agile Project Management (APM) by Jim High smith, was one of the first attempts to broaden Agile techniques into a cohesive whole.
According to the 13th State of Agile Survey Report (2019),
- 71% of respondents adopted agile because it reduces project cost
- 74% of respondents adopted agile as it accelerates the software delivery
- 51% of respondents claim that adopting agile increases productivity
- 43% of respondents stated adopting agile enhances the product quality
Agile software development is a roof term under which all the frameworks and practices are based on agile principles and values.
The 12 principles of Agile Methodology are:
- Customer satisfaction through early and continuous quality delivery
- Welcome changes according to customer’s needs and requirement
- Business and development go hand in hand
- A collaborative approach to work
- Build projects around motivated individuals
- Promotes sustainable development
- Face to face clear conversation
- A measure of progress is working software
- Continuous attention to excellence
- Simplicity
- Self-organizing teams
- Reflect for Effectiveness
Here are the top 10 trends of Agile Software Development:
- Automation
- Focus on Customer’s experience
- Value stream mapping
- Global Outsourcing
- Progressive Webapps
- Security
- Agile Maturity Model
- Distributed Agile Teams
- Scaling Agile
- Cloud-based solutions
-
Automation
Automation in agile practice is very essential. The monotonous, routine and predictable tasks are automated through DevOps. It eliminates the manual effort of software developers and testers. The implementation of DevOps has resulted in an exceptional increase in time accelerated delivery.
DevOps is a methodology at the intersection of Software Development, Technology Operations, and Quality Assurance.
According to Deloitte,
“More than 500 executives from leading organizations have indicated that disruptive outsourcing solutions—led by cloud and automation—are fundamentally transforming traditional outsourcing.”
Implementing automation through DevOps increases automation, enhances productivity and reduces the time taken for execution.
Focus on Customer’s Experience
In today’s digital era, customer experience strategies play a smart role in enhancing innovation and performance. Emerging technologies such as Artificial intelligence and machine learning are used to enhance the experience-centric economy. By enhancing user experience, innovation is more emphasized. End-user experience is vital for getting future projects.
Agile methodology through constant and continuous feedback from customers develops experiences iteratively which adds to the rigor and discipline in understanding the customer better and provides a consistent experience.
Agile adds rigor and discipline to customer experience management practices by developing experiences iteratively with regular consumer feedback. To use Agile to their advantage, CX pros must create a shared vision for a consistent experience, collect insights in a manner appropriate to Agile's workflow, and integrate current experience metrics. As new business realities continue to push Agile adoption, CX pros will need to refashion their approach to customer understanding, measurement, and design.
Value Stream Networks
Value stream mapping is a technique to define a project through a process map. Value stream mapping provides clarity to enhance the user experience. According to Forrester,
“A combination of people, process, and technology that maps optimize visualize and govern business value flow (including epics, stories, work items) through heterogeneous enterprise software delivery pipelines. Value stream management tools are the technology underpinnings of VSM practice.”
According to Forrester,
Value stream mapping helps in filling the gaps in the processes and resources. It also helps in identifying and resolving disconnects and optimizing the software delivery pipeline.
It is because of agile and DevOps processes Value stream management has become more important. value streams can be created and managed by breaking the software into small pieces across multiple teams with the required tools for traceability and integration.
Global Outsourcing
Outsourcing is a practice where an organization hires a skilled individual to perform a certain task. In order to devote the company’s time to perform core functions, non-core activities are outsourced. The business activities are outsourced whenever there is a shortage of skilled resources. Due to the rapid transformation of cloud technology, organizations have become more agile. The non-core activities are outsourced and expanded their offerings.
According to Whitelane Research 2020,
- In the next two years, more outsourcing is predicted for Europe, with 74% of organizations planning to outsource at the same rate or more. Most outsourcing is expected in the financial services sector with 43% citing they are planning to outsource more, followed by the public sector with 39% (up 13% from last year). Financial services organizations are also most likely to insource with 15% of organizations planning to do so (an increase of 4% from last year).
- By country, most outsourcing growth is expected in Spain, the Netherlands, and the BeLux region, with (more than) 80% of organizations planning to outsource at the same rate or more.
The agile model works differently when compared to conventional outsourcing models. Agile focuses on teamwork wherein vendors work collaboratively. In an Agile environment, companies should work together with vendors and enable the agile team members to work side by side – be it virtually or physically to achieve the objectives. This approach is called the distributed agile, which can consist of many vendors and company staff and all of them treat as equals and engage in one mindset to understand the business need and find out solutions.
Progressive Web Apps (PWA)
Progressive Web Apps are developed using modern web capabilities to deliver an app-like experience to users. It creates better customer engagement and conversion rates. PWAs is one of the emerging trends in agile. A scrum driven, agile approach is adopted by the team to the workstream, and incrementally deploying the PWA, helps to realize the expected benefits.
Security and Compliance
Security and compliance are very critical issues. In order to achieve continuous and secure development, agile methodologies are applied by mapping security requirements to agile.
Every organization has a set of regulations called compliance which ensures that you are doing the right thing and being able to prove it. Business innovation and business goals run simultaneously with security and compliance for better and enhanced productivity.
Agile Maturity Model
On the basis of maturity, Agile teams are being evaluated. The Agile Maturity Model is maturity in agile teams in the measure of adhering to the processes, practices, and values.
The following levels are defined on the basis of the maturity of agile.
- Initial
- Beginner
- Defined
- Measured
- Optimized
At the initial level, the agile team requires training on agile methodologies and agile principles.
At the Beginner level, the agile methodologies are adopted at the basic level.
At the defined level, the development team is well versed in agile methodologies and practices. The consistency in delivering sprints are high.
At the Measured level, the code quality is measured in matrix form.
At the Optimised level, the development teams are self-organized and capable to develop a product as per demand and schedule. The optimized level team focuses more on continuous learning on the basis of key performance indicators. The organizations at this level invest in automation to enhance productivity.
Distributed Agile Teams
Nowadays, agile project teams do not necessarily work in collocated space in the same time zone. The work can be done anywhere and anytime. Due to the rapid development in technology, globalization, increasing outsourcing, and talented resource availability in a different location the work is distributed in an agile manner.
According to The Modern Workplace 2019: People, Places & Technology study by Condeco,
Condeco concluded that remote working is the major trend in America
43% of U.S based organizations stated that more employees are expected to work remotely in 2020.
There are many benefits of distributed agile teams
- Flexible schedule
- Comfort working from home
- Higher Productivity
- Can avoid commuting
- Better work-life balance
- Better health
- Reduces attrition
- Improves morale
Scaling Agile
The scaling framework such as Scaled Agile Framework (SAFe), Scrum of Scrums were developed to meet the long-term planning benefits and help organizations in scaling lean and agile practice.
The proper scaling framework is required to implement the Agile Methodology. Scalable Agile Framework (SAFe) is the most used agile scaling framework which enables to implement Agile Methodology such as SCRUM at the bigger enterprise level.
According to the 13th State of Agile Survey Report (2019),
The Scaled Agile Framework® (SAFe®) continues to grow in adoption as the scaling method of choice and was identified as the scaling method of choice by 30% of respondents.
Cloud-Based Solutions for agile development
The cloud-based solution is an on-demand service, storage, and networks accessed through cloud computing infrastructure. In order to reduce the time required to code, test and deploy, cloud-based solutions are in great demand and dominate in an agile environment. The cloud-based tool reduces cost, boosts efficiency and increases scalability
According to Forbes,
IDC predicted that by 2022, 70% of enterprises will integrate cloud management.
The team can access world-class enterprise technology by using a cloud-based solution.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global offers Agile based Certification:
Download our Free PMI-ACP Brochure for more information.
For more information on how iCert Global can help you to accelerate your career with Agile certification, please e-mail info {at} icertglobal {dot} org or call now on +1-713-287-1213/ 1214 / 1053 / 1355. Visit us at https://www.icertglobal.com/
Read More
:
With the onset of 2020, we behold a major change in the software development world which has evolved a lot since the last decade. The process of building software has changed in the following way:
- As the present times continue to push Agile adoption which is gaining widespread recognition and acceptance because of its iterative development, Agile methodologies have become as popular and at times even outpace as the Traditional Waterfall methodologies.
- Object-oriented programming has changed to more technical and functional language
- The software development has become easier with premade solutions.
- Agile made software development and deployment differently through DevOps.
- “One-size-fits-all” solutions do not hold good for all the projects. A multi-dimensional framework is introduced based on the fundamental practices of project management.
- Development pace has increased due to lesser manual intervention
- Application Programming Interface (APIs) are growing
According to the report by EY: Digital Transformation for 2020 and beyond, Global Telecommunications Study, improved organizational agility is at the heart of successful digital transformation.
The book, Agile Project Management (APM) by Jim High smith, was one of the first attempts to broaden Agile techniques into a cohesive whole.
According to the 13th State of Agile Survey Report (2019),
- 71% of respondents adopted agile because it reduces project cost
- 74% of respondents adopted agile as it accelerates the software delivery
- 51% of respondents claim that adopting agile increases productivity
- 43% of respondents stated adopting agile enhances the product quality
Agile software development is a roof term under which all the frameworks and practices are based on agile principles and values.
The 12 principles of Agile Methodology are:
- Customer satisfaction through early and continuous quality delivery
- Welcome changes according to customer’s needs and requirement
- Business and development go hand in hand
- A collaborative approach to work
- Build projects around motivated individuals
- Promotes sustainable development
- Face to face clear conversation
- A measure of progress is working software
- Continuous attention to excellence
- Simplicity
- Self-organizing teams
- Reflect for Effectiveness
Here are the top 10 trends of Agile Software Development:
- Automation
- Focus on Customer’s experience
- Value stream mapping
- Global Outsourcing
- Progressive Webapps
- Security
- Agile Maturity Model
- Distributed Agile Teams
- Scaling Agile
- Cloud-based solutions
Automation
Automation in agile practice is very essential. The monotonous, routine and predictable tasks are automated through DevOps. It eliminates the manual effort of software developers and testers. The implementation of DevOps has resulted in an exceptional increase in time accelerated delivery.
DevOps is a methodology at the intersection of Software Development, Technology Operations, and Quality Assurance.
According to Deloitte,
“More than 500 executives from leading organizations have indicated that disruptive outsourcing solutions—led by cloud and automation—are fundamentally transforming traditional outsourcing.”
Implementing automation through DevOps increases automation, enhances productivity and reduces the time taken for execution.
Focus on Customer’s Experience
In today’s digital era, customer experience strategies play a smart role in enhancing innovation and performance. Emerging technologies such as Artificial intelligence and machine learning are used to enhance the experience-centric economy. By enhancing user experience, innovation is more emphasized. End-user experience is vital for getting future projects.
Agile methodology through constant and continuous feedback from customers develops experiences iteratively which adds to the rigor and discipline in understanding the customer better and provides a consistent experience.
Agile adds rigor and discipline to customer experience management practices by developing experiences iteratively with regular consumer feedback. To use Agile to their advantage, CX pros must create a shared vision for a consistent experience, collect insights in a manner appropriate to Agile's workflow, and integrate current experience metrics. As new business realities continue to push Agile adoption, CX pros will need to refashion their approach to customer understanding, measurement, and design.
Value Stream Networks
Value stream mapping is a technique to define a project through a process map. Value stream mapping provides clarity to enhance the user experience. According to Forrester,
“A combination of people, process, and technology that maps optimize visualize and govern business value flow (including epics, stories, work items) through heterogeneous enterprise software delivery pipelines. Value stream management tools are the technology underpinnings of VSM practice.”
According to Forrester,
Value stream mapping helps in filling the gaps in the processes and resources. It also helps in identifying and resolving disconnects and optimizing the software delivery pipeline.
It is because of agile and DevOps processes Value stream management has become more important. value streams can be created and managed by breaking the software into small pieces across multiple teams with the required tools for traceability and integration.
Global Outsourcing
Outsourcing is a practice where an organization hires a skilled individual to perform a certain task. In order to devote the company’s time to perform core functions, non-core activities are outsourced. The business activities are outsourced whenever there is a shortage of skilled resources. Due to the rapid transformation of cloud technology, organizations have become more agile. The non-core activities are outsourced and expanded their offerings.
According to Whitelane Research 2020,
- In the next two years, more outsourcing is predicted for Europe, with 74% of organizations planning to outsource at the same rate or more. Most outsourcing is expected in the financial services sector with 43% citing they are planning to outsource more, followed by the public sector with 39% (up 13% from last year). Financial services organizations are also most likely to insource with 15% of organizations planning to do so (an increase of 4% from last year).
- By country, most outsourcing growth is expected in Spain, the Netherlands, and the BeLux region, with (more than) 80% of organizations planning to outsource at the same rate or more.
The agile model works differently when compared to conventional outsourcing models. Agile focuses on teamwork wherein vendors work collaboratively. In an Agile environment, companies should work together with vendors and enable the agile team members to work side by side – be it virtually or physically to achieve the objectives. This approach is called the distributed agile, which can consist of many vendors and company staff and all of them treat as equals and engage in one mindset to understand the business need and find out solutions.
Progressive Web Apps (PWA)
Progressive Web Apps are developed using modern web capabilities to deliver an app-like experience to users. It creates better customer engagement and conversion rates. PWAs is one of the emerging trends in agile. A scrum driven, agile approach is adopted by the team to the workstream, and incrementally deploying the PWA, helps to realize the expected benefits.
Security and Compliance
Security and compliance are very critical issues. In order to achieve continuous and secure development, agile methodologies are applied by mapping security requirements to agile.
Every organization has a set of regulations called compliance which ensures that you are doing the right thing and being able to prove it. Business innovation and business goals run simultaneously with security and compliance for better and enhanced productivity.
Agile Maturity Model
On the basis of maturity, Agile teams are being evaluated. The Agile Maturity Model is maturity in agile teams in the measure of adhering to the processes, practices, and values.
The following levels are defined on the basis of the maturity of agile.
- Initial
- Beginner
- Defined
- Measured
- Optimized
At the initial level, the agile team requires training on agile methodologies and agile principles.
At the Beginner level, the agile methodologies are adopted at the basic level.
At the defined level, the development team is well versed in agile methodologies and practices. The consistency in delivering sprints are high.
At the Measured level, the code quality is measured in matrix form.
At the Optimised level, the development teams are self-organized and capable to develop a product as per demand and schedule. The optimized level team focuses more on continuous learning on the basis of key performance indicators. The organizations at this level invest in automation to enhance productivity.
Distributed Agile Teams
Nowadays, agile project teams do not necessarily work in collocated space in the same time zone. The work can be done anywhere and anytime. Due to the rapid development in technology, globalization, increasing outsourcing, and talented resource availability in a different location the work is distributed in an agile manner.
According to The Modern Workplace 2019: People, Places & Technology study by Condeco,
Condeco concluded that remote working is the major trend in America
43% of U.S based organizations stated that more employees are expected to work remotely in 2020.
There are many benefits of distributed agile teams
- Flexible schedule
- Comfort working from home
- Higher Productivity
- Can avoid commuting
- Better work-life balance
- Better health
- Reduces attrition
- Improves morale
Scaling Agile
The scaling framework such as Scaled Agile Framework (SAFe), Scrum of Scrums were developed to meet the long-term planning benefits and help organizations in scaling lean and agile practice.
The proper scaling framework is required to implement the Agile Methodology. Scalable Agile Framework (SAFe) is the most used agile scaling framework which enables to implement Agile Methodology such as SCRUM at the bigger enterprise level.
According to the 13th State of Agile Survey Report (2019),
The Scaled Agile Framework® (SAFe®) continues to grow in adoption as the scaling method of choice and was identified as the scaling method of choice by 30% of respondents.
Cloud-Based Solutions for agile development
The cloud-based solution is an on-demand service, storage, and networks accessed through cloud computing infrastructure. In order to reduce the time required to code, test and deploy, cloud-based solutions are in great demand and dominate in an agile environment. The cloud-based tool reduces cost, boosts efficiency and increases scalability
According to Forbes,
IDC predicted that by 2022, 70% of enterprises will integrate cloud management.
The team can access world-class enterprise technology by using a cloud-based solution.
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What are the 5 phases of Lean Six Sigma?
:
Lean Six Sigma (LSS) is a process of solving a problem in order to maintain the quality of the project. Lean and six sigma both are two different methods. Lean is a systematic approach to identify and reduce project activities that are not required. Six Sigma is a problem-solving methodology that focuses on continuous improvement with minimum defects. A combination of Lean and Six Sigma results in increased quality and revenue.
Lean Six Sigma certification is a quality management certification offered by the International Association of Six Sigma Certifications (IASSC™) designed to reduce variations and eliminate waste which ensures the quality of the process. It solves an existing problem with unknown causes.
LSS methodology is based on a problem-solving framework with a cycle called DMAIC. It is a data-driven quality strategy for improving the quality of the process. DMAIC is a five-phase process and is an acronym of:
- Define
- Measure
- Analyze
- Improve
- Control
DMAIC is pronounced as, “duh-may-ik.”
Define
The first phase of Lean Six Sigma is to Define. The main aim of the define phase is to define the “problem statement” and plan the improvement initiative. In order to understand the overview of the project, ‘Project Charter’ is created.
The project charter is a key element that describes the whole project in brief. The project charter generally includes the objective of the project, stakeholders, requirements, high-level assumptions and constraints.
Define phase includes,
- Defining problems by developing a “problem statement” document
- Defining the project goal by developing “Goal Statement” document
- Defining the process of the project by developing a process map
- Defining the requirements from the customer
Problem statement: It is a document created to know about the symptoms of the problem and its effect. First, the indications of the issue are confirmed and then the problems are prioritized.
Tools used in defining phase:
A project charter is used to define Goal Statement
SIPOC: Suppliers, Inputs, Process, Outputs, and Customers. SIPOC is a high-level map used for developing process maps.
Similarly, Value Stream Map and Swimlane Maps are used.
In order to define the customer and their requirement Voice of the Customer (VOC), Translation Matrix and Tree Diagram are used.
After defining all the above statements, A3, Relationship Map and Stakeholder Analysis are used to inform others about the progress of the project.
Measure
In this phase, the magnitude of the problem is identified. In order to measure the problems, baseline or the start point is created. Before making any changes, the baseline is created. Measure phase is vital because the data collected for the project will be used throughout the project.
The Measure phase involves,
- Creating a baseline
- Root cause analysis is done for the problems identified
- Baseline Data collection
- Ensuring the data collected is reliable
- Update the project charter
The main aim of this phase is to determine the current performance and refine the definition of each measure. This results in an improvement in quality and reduction in lead time.
The tools used in Measure phase are:
Data collection plan is used to define where to get the data, how much data is required, who will be responsible for data collection and how to collect the data.
Operational definitions are used to define and refine the processes that lead to collecting critical process information.
The check sheet is used to collect the baseline data
The collected data and the changes are updated in the Project charter.
Analyze
In order to get the solution, The problems have to be analyzed. This phase is carried out parallelly with the measure phase. When the data is reviewed in the measure phase, the person reviewing might adjust the additional data in the data project plan. The processes and the data are analyzed in order to verify the root cause of the defects.
This phase involves,
Examining the process: When the process maps are created in the Measure phase, the problems and defects are listed within the process. Then process analysis is carried out which consists of,
- Time Analysis: work time versus the waiting time.
- Value-Added Analysis: Analyzing the process through the customer’s point of view in terms of cost.
- Value Stream Mapping: Mapping of process data with value-added analysis in order to remove the waste.
Visually inspecting the data: Inspecting the data collected using charts and graphs
Analyzing the root causes by developing the theories on all the possible causes. The problems are analyzed by brainstorming together.
Verifying the causes of the defects through,
- Process analysis
- Data analysis
- Process observation
- Comparative analysis.
Updating the project charter after finalizing the process performance and scope of improvement.
The tools used in Analyze phase are:
Value stream mapping and Value-added Flow Analysis use to examine the process.
Run Charts, Histograms, Box Plots, and Pareto Charts are used to visually analyze the data.
Fishbone Diagram and the 5Whys are used to analyze the root cause.
Root Cause Hypothesis is used to verify the causes of the defects.
Improve
Once the root causes are determined, the solutions are developed and implemented. In this phase, the ideas are produced to solve the problem. In this phase, the team refines the ideas by collecting all the ideas, monitor process changes and finally implement the ideas.
This phase involves,
- Listing out all the possible ideas that might fix the problem: Techniques like, Cross-Training, Setup Reduction, Kanbans are used to bring out the innovative ideas for the defects or problems identified.
- Selecting the best of solutions.
- Process-based maps are developed based on different solutions
- Based on the process map, the best solution is decided
- The solution decided is implemented.
- Measurable improvement is recorded.
The tools used in this phase:
- To brainstorm solution Benchmarking and Classic lean improvements are used.
- Weighed Criteria Matrix is used to make the best decision and Impact Effort Matrix is used to assess the solutions providing the best impact.
- To-Be Map, Value Stream Map and Swimlane Maps are used to develop a process map.
- PDCA (Plan Do Check Act ) is used to select the solution. PDCA is a mini testing cycle carried out in order to select the best one.
- A pilot checklist is used to implement the plan
- Process changes are measured to check the improvement against the baseline.
Control
Once the problem is fixed, it is very essential to maintain it. This phase aims to create a monitoring plan, measure success, update process and develop a response plan if any dip is found.
Control phase is based on 4 principles:
- Value: To determine the steps which are important and are valued.
- Flow: The flow of the project process to be maintained smoothly.
- Pull: To ensure the customer’s demand is aligned with a process change.
- Perfection: The accuracy in the process.
This phase involves:
Ensuring the project process is continuously monitored using Lean. The response plan is prepared that involves the level at which the performance started to dip or reduce.
Recording the improved or changed process. Visual workspace is created to ensure others follow the new process.
Applying the improvement in all the areas. The knowledge gained in one project is applied in all the other areas of the organization.
Share the improvement and project success with everyone.
How to Get Lean Six Sigma Certified?
There is no such prerequisite to take any of the Lean Six Sigma Certification exams accredited by IASSC™. LSS has a hierarchy of certifications to progress in career path:
Who is the Target Audience for Lean Six Sigma Certification?
- Quality Managers
- Quality System Managers
- Quality Engineers
- Quality Supervisors
- Quality Analysts
- Quality Auditors
- Team Leaders
- Software Professionals
- Project Managers
- Improvement Managers
- Operational line managers
What is the average annual salary of Lean six sigma certified professionals?
According to ZipRecruiter, as dated on Feb 06, 2020,
The average annual salary for certified Lean Six Sigma professionals:
What is the exam format for the Lean Six Sigma Certification?
Lean Six Sigma Yellow Belt
60 multiple-choice questions
Duration: 2 hours
Qualifying points: 230 points out of 300 points
Lean Six Sigma Green Belt
100 questions
Duration: 3 hours
Qualifying points: 385 points out of 500 points
Lean Six Sigma Black Belt
150 questions
Duration: 4 hours
Qualifying points: 580 points out of 750 points
How to maintain Lean Six Sigma Credentials?
Lean six sigma certifications have no expiry date.
For more information on how you can accelerate your career with these certifications, visit us at https://www.icertglobal.com/ or call now on +1-713-287-1213 / 1214 or e-mail us at info {at} icertglobal {dot} com.
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
iCert Global both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in 2020? Let us know your thoughts in the 'Comments' section below.
Thank you for reading this blog post. Hope you found it useful and interesting. Team iCert Global wishes you all the best for your learning endeavors.
Read More
:
Lean Six Sigma (LSS) is a process of solving a problem in order to maintain the quality of the project. Lean and six sigma both are two different methods. Lean is a systematic approach to identify and reduce project activities that are not required. Six Sigma is a problem-solving methodology that focuses on continuous improvement with minimum defects. A combination of Lean and Six Sigma results in increased quality and revenue.
Lean Six Sigma certification is a quality management certification offered by the International Association of Six Sigma Certifications (IASSC™) designed to reduce variations and eliminate waste which ensures the quality of the process. It solves an existing problem with unknown causes.
LSS methodology is based on a problem-solving framework with a cycle called DMAIC. It is a data-driven quality strategy for improving the quality of the process. DMAIC is a five-phase process and is an acronym of:
- Define
- Measure
- Analyze
- Improve
- Control
DMAIC is pronounced as, “duh-may-ik.”
Define
The first phase of Lean Six Sigma is to Define. The main aim of the define phase is to define the “problem statement” and plan the improvement initiative. In order to understand the overview of the project, ‘Project Charter’ is created.
The project charter is a key element that describes the whole project in brief. The project charter generally includes the objective of the project, stakeholders, requirements, high-level assumptions and constraints.
Define phase includes,
- Defining problems by developing a “problem statement” document
- Defining the project goal by developing “Goal Statement” document
- Defining the process of the project by developing a process map
- Defining the requirements from the customer
Problem statement: It is a document created to know about the symptoms of the problem and its effect. First, the indications of the issue are confirmed and then the problems are prioritized.
Tools used in defining phase:
A project charter is used to define Goal Statement
SIPOC: Suppliers, Inputs, Process, Outputs, and Customers. SIPOC is a high-level map used for developing process maps.
Similarly, Value Stream Map and Swimlane Maps are used.
In order to define the customer and their requirement Voice of the Customer (VOC), Translation Matrix and Tree Diagram are used.
After defining all the above statements, A3, Relationship Map and Stakeholder Analysis are used to inform others about the progress of the project.
Measure
In this phase, the magnitude of the problem is identified. In order to measure the problems, baseline or the start point is created. Before making any changes, the baseline is created. Measure phase is vital because the data collected for the project will be used throughout the project.
The Measure phase involves,
- Creating a baseline
- Root cause analysis is done for the problems identified
- Baseline Data collection
- Ensuring the data collected is reliable
- Update the project charter
The main aim of this phase is to determine the current performance and refine the definition of each measure. This results in an improvement in quality and reduction in lead time.
The tools used in Measure phase are:
Data collection plan is used to define where to get the data, how much data is required, who will be responsible for data collection and how to collect the data.
Operational definitions are used to define and refine the processes that lead to collecting critical process information.
The check sheet is used to collect the baseline data
The collected data and the changes are updated in the Project charter.
Analyze
In order to get the solution, The problems have to be analyzed. This phase is carried out parallelly with the measure phase. When the data is reviewed in the measure phase, the person reviewing might adjust the additional data in the data project plan. The processes and the data are analyzed in order to verify the root cause of the defects.
This phase involves,
Examining the process: When the process maps are created in the Measure phase, the problems and defects are listed within the process. Then process analysis is carried out which consists of,
- Time Analysis: work time versus the waiting time.
- Value-Added Analysis: Analyzing the process through the customer’s point of view in terms of cost.
- Value Stream Mapping: Mapping of process data with value-added analysis in order to remove the waste.
Visually inspecting the data: Inspecting the data collected using charts and graphs
Analyzing the root causes by developing the theories on all the possible causes. The problems are analyzed by brainstorming together.
Verifying the causes of the defects through,
- Process analysis
- Data analysis
- Process observation
- Comparative analysis.
Updating the project charter after finalizing the process performance and scope of improvement.
The tools used in Analyze phase are:
Value stream mapping and Value-added Flow Analysis use to examine the process.
Run Charts, Histograms, Box Plots, and Pareto Charts are used to visually analyze the data.
Fishbone Diagram and the 5Whys are used to analyze the root cause.
Root Cause Hypothesis is used to verify the causes of the defects.
Improve
Once the root causes are determined, the solutions are developed and implemented. In this phase, the ideas are produced to solve the problem. In this phase, the team refines the ideas by collecting all the ideas, monitor process changes and finally implement the ideas.
This phase involves,
- Listing out all the possible ideas that might fix the problem: Techniques like, Cross-Training, Setup Reduction, Kanbans are used to bring out the innovative ideas for the defects or problems identified.
- Selecting the best of solutions.
- Process-based maps are developed based on different solutions
- Based on the process map, the best solution is decided
- The solution decided is implemented.
- Measurable improvement is recorded.
The tools used in this phase:
- To brainstorm solution Benchmarking and Classic lean improvements are used.
- Weighed Criteria Matrix is used to make the best decision and Impact Effort Matrix is used to assess the solutions providing the best impact.
- To-Be Map, Value Stream Map and Swimlane Maps are used to develop a process map.
- PDCA (Plan Do Check Act ) is used to select the solution. PDCA is a mini testing cycle carried out in order to select the best one.
- A pilot checklist is used to implement the plan
- Process changes are measured to check the improvement against the baseline.
Control
Once the problem is fixed, it is very essential to maintain it. This phase aims to create a monitoring plan, measure success, update process and develop a response plan if any dip is found.
Control phase is based on 4 principles:
- Value: To determine the steps which are important and are valued.
- Flow: The flow of the project process to be maintained smoothly.
- Pull: To ensure the customer’s demand is aligned with a process change.
- Perfection: The accuracy in the process.
This phase involves:
Ensuring the project process is continuously monitored using Lean. The response plan is prepared that involves the level at which the performance started to dip or reduce.
Recording the improved or changed process. Visual workspace is created to ensure others follow the new process.
Applying the improvement in all the areas. The knowledge gained in one project is applied in all the other areas of the organization.
Share the improvement and project success with everyone.
How to Get Lean Six Sigma Certified?
There is no such prerequisite to take any of the Lean Six Sigma Certification exams accredited by IASSC™. LSS has a hierarchy of certifications to progress in career path:
Who is the Target Audience for Lean Six Sigma Certification?
- Quality Managers
- Quality System Managers
- Quality Engineers
- Quality Supervisors
- Quality Analysts
- Quality Auditors
- Team Leaders
- Software Professionals
- Project Managers
- Improvement Managers
- Operational line managers
What is the average annual salary of Lean six sigma certified professionals?
According to ZipRecruiter, as dated on Feb 06, 2020,
The average annual salary for certified Lean Six Sigma professionals:
What is the exam format for the Lean Six Sigma Certification?
Lean Six Sigma Yellow Belt
60 multiple-choice questions
Duration: 2 hours
Qualifying points: 230 points out of 300 points
Lean Six Sigma Green Belt
100 questions
Duration: 3 hours
Qualifying points: 385 points out of 500 points
Lean Six Sigma Black Belt
150 questions
Duration: 4 hours
Qualifying points: 580 points out of 750 points
How to maintain Lean Six Sigma Credentials?
Lean six sigma certifications have no expiry date.
For more information on how you can accelerate your career with these certifications, visit us at https://www.icertglobal.com/ or call now on +1-713-287-1213 / 1214 or e-mail us at info {at} icertglobal {dot} com.
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
iCert Global both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in 2020? Let us know your thoughts in the 'Comments' section below.
Thank you for reading this blog post. Hope you found it useful and interesting. Team iCert Global wishes you all the best for your learning endeavors.
Top Project Management Trends For 2020
:
Here's a list of Top Project Management Trends for 2020:
- Artificial Intelligence and Automation
- Data Analytics and Business Intelligence
- Hybrid Methodologies of Project Management
- Virtual or Remote Team Management
- Emerging Project Management Tools and Techniques
- Soft Skills and Emotional Intelligence
- Continuous Learning
Project management is a practice to initiate, design, execute, monitor, control, and close a project within cost and schedule constraints. The main challenge of project management is to achieve all project objectives within the given limits.
Managing a project was quite challenging and difficult a decade ago due to a lack of project management tools and insufficient resources. The projects were smaller and simpler compared to current projects.
According to PMI’s Pulse of the Profession - Success in Disruptive Times 2018,
The field of project management is evolving with advanced technologies, tools, and emerging trends. The trends are meant to be implemented. Irrespective of the size of the project, the implementation of the latest project management trends is vital for the development of the organization.
Here is a list of the most prominent project management trends for 2020.
1. Artificial Intelligence and Automation
The hype for Artificial intelligence (AI) is alive since 2018. The main purpose of project management is analyzing risk, reducing cost, minimizing the repetition, ensuring smooth project flow, delivery on time and within budget.
The role of project managers is to monitor and manage the project with minimum repetition work and excellent decision-making skills. There are many project activities involved to successfully complete the project.
Irrespective of the size of the project, there is always uncertainty. Risk-based probability management is always challenging for humans. The uncertainty can be reduced by using AI, machine learning and predictive analysis.
By 2030, 80 percent of the work of today’s project management (PM) discipline will be eliminated as artificial intelligence (AI) takes on traditional PM functions such as data collection, tracking, and reporting.
By 2021, 70 percent of organizations will assist their employees’ productivity by integrating AI in the workplace.
Humans face challenges while handling complex data. Artificial Intelligence plays a vital role in minimizing human interference in day to day work.
In Project management, AI can be useful in,
- Early prediction of risks
- Eliminating repetitive work
- Improved project analysis
- Increase inefficiency
There are many tools and technologies of artificial intelligence used in project management:
-
Knowledge-based expert system (KBES):
The combination of knowledge Base and Inference Engine, KEBS is a system created by collecting the facts and opinions from the subject matter expert (SMEs).
KEBS is used to provide the resource requirement and estimates of the duration for project activities based on the information by SMEs.
-
Artificial neural network (ANN)
Artificial neural network (ANN) is a machine learning approach that has the ability to learn, generalize from the data and use the data the same as the human brain.
ANN is used to sequence the project activities based on the requirements.
ANN helps in predicting cost overruns based on project size, the competence of project manager and type of contract used.
ANN estimates the probability of occurrence of risk by allowing a quantitative approach to risk analysis.
-
Genetic Algorithms (GA)
Genetic algorithms (GA) is an iterative search method based on the social behavior of the species or humans. It uses the natural evolution process to bring out the optimum solution to the large scale problems.
GA uses the natural evaluation process of selection, mutual decision and cross over to arrive at a decision.
GA in project management is used to optimize the schedule of project activities within constraints in order to reduce the cost.
-
Fuzzy Logic
The logic computing by which we can determine the “degree of truth”. Fuzzy Logic helps to prioritize the project activities.
Fuzzy logic is used to assess risk in the project to model the probability distribution.
AI and automation are not taking over the project manager’s jobs. It is just making the process simpler.
Project managers getting familiar with AI and automation will make work much simpler and systematic. With AI and automation, you can deliver the project on time and on budget.
2. Data analytics and Business intelligence
Project management includes a lot of data. Optimizing the business with lots of data is quite challenging. Project-based data are sometimes complex. In order to observe, measure and analyze the data, data analytics are used. Data analytics and Business intelligence both play a vital role in project management.
By the end of 2020, the Data Analytics and Business intelligence market are forecast to grow to $22.8 billion.
By using the data analytics, project managers will be able to know the magnitude of the information available, performance of the project which will help project managers to make strategic decisions.
Project managers can use analytical reports to breakdown complex data into insights. These insights from data analysts are sent to project managers or decision-makers.
According to Gartner, the top ten technology trends in data and analytics are:
Project managers are more focussed and continuously engaged in facing strategic and operational challenges. The project managers aim to make the project more effective with efficient resources within budget.
Poor project management can lead to cost overrun and delay in completing the project than expected.
Effectiveness in project management can be increased by business intelligence. Business intelligence can help project managers in 4 ways.
- Business intelligence can automate the processes
- BI helps to predict risks
- BI controls the cost overrun
- BI provides more reliable and accurate data
The trending software used for Business intelligence are:
- SAP Business Intelligence
- Microstrategy
- Datapine
- SAS Business Intelligence
- Yellowfin BI
- QlikSense
- Zoho Analytics
- Sisense
- Microsoft Power BI
- Looker
According to a survey conducted by Business Application research center, the importance of Business intelligence trends for 2020 by 2865 respondents is shown below:
Hence, Master Data Management is the top trend for business intelligence for 2020.
3. Hybrid Methodologies of project Management
Project management methodologies are all about determining how the project should be planned, monitored and executed.
Project management methodologies can be a set of methods, techniques, guidelines, templates and best practices. Generally, a single method is chosen as an end to end solution for executing a project.
Traditional methods are suitable when there are a definite path and well defined final outcome.
Agile methodologies are trending but it is quite challenging to implement it.
Project management requirements along with increasing uncertainty and complexity make it more difficult to choose any one method of project management.
Hybrid methodologies of project management refer to implementing different methodologies together as per the requirement.
Projects are classified based on the following four components which will further decide how projects should be managed.
- Complexity
- Novelty
- Technology
- Pace
Different projects have different requirements. One-size-fits-all solutions do not hold good for all the projects. A multi-dimensional framework is introduced based on the fundamental practices of project management. In order to characterize a project, 14 parameters are considered and three potential levels are identified for each parameter. Based on the results, different project management approaches are proposed.
The multi-dimensional framework includes 14 attributes and 23 different project management approaches derived from the traditional waterfall method, Agile method and Theory of Constraints (TOC).
Source: PMI
The below table shows the main approaches identified in the waterfall method, agile method, and TOC.
Source: PMI
Specific projects are characterized based on selecting the appropriate value on each dimension of 14 attributes.
The mapping between the fourteen attributes and different approaches are carried out by project managers.
This results in the successful implementation of project management. PRINCE2 certification can be done along with Agile and Scrum for better understanding and implementation of hybrid technologies.
According to PMI’s Pulse of Profession 2019 11th Global Project Management Survey,
Nearly 60% of Project Management Technology Quotient (PMTQ) Innovators used Hybrid Project Management Practices for successful project completion.
PMTQ is the person’s ability to adapt, integrate and manage technology-based requirements in the organization.
4. Virtual or Remote Team Management
The virtual or remote team is when the project is carried out by the team members working in different locations and virtually. Virtual projects are led by the managers and are one of the top trends in project management due to the rapid development of technology, globalization, increasing outsourcing, and talented resource availability in a different location.
According to The Modern Workplace 2019: People, Places & Technology study by Condeco,
Condeco concluded that remote working is the major trend in America
43% of U.S based organizations stated that more employees are expected to work remotely in 2020.
52% of U.S companies said they offer remote working to increase employee retention.
There are many benefits of Remote Working,
- Flexible schedule
- Comfort working from home
- Higher Productivity
- Can avoid commuting
- Better work-life balance
- Better health
- Reduces attrition
- Improves morale
Based on the State of Remote Work-2019,
There are many challenges to be faced in managing the Remote team but there are ways to overcome the challenges.
Challenges faced in managing a remote working team:
- Hiring the right resource
- Language
- Setting schedules might be quite challenging
- Difficulty in tracking progress and performances
- Lack of connection with the team
- Lacking appropriate communication
These challenges can be faced by using the best practices and tools:
Best practices to manage remote working
- Encourage transparency in work: Regular communications about the project, project scope, and objective, vision, review of the output. A clear chain of command helps in setting expectations.
- Utilize technology: Reliable, secure and well-equipped technology can ensure effective remote work
- Hiring the right resources: Hiring Self-motivated individual with the required amount of skill can make managing the remote work simpler.
- Arrange events and meetings: Arranging common meetings for the remote team along with the company staff can help them to interact more with other team members.
Tools used for managing remote working teams:
- Slack
- Proprofs
- Basecamp
- UberConference
- Document sign by Adobe
- Zapier
- 1Password
- Canva for work
- Hubstaff
- Process street
5. Emerging project management tools and techniques
Implementing new tools and technologies can ensure project success in every aspect. Project Management Softwares have become an integral part of the projects.
According to PWC,
Every project has goals and objectives, to accomplish the goal certain project activities are carried out with effective project management. Project management is quite a complex process. To streamline a process, project management software is used.
According to Mordor Intelligence,
The project management software market is expected to register a CAGR of 10.17% during the forecast period (2019 – 2024).
The top three requirements from project management software are:
- Reliability
- Ease of use
- Ease of Integration
There are two types of project management software available nowadays:
Online: Cloud-based technology with application providers such as SaaS (Software-as-a-Service).
On-Premises: Project management software residing in the company’s own server and is managed by the company’s IT team.
There are many project management software that fulfills all three requirements.
The top reasons to adopt project management software according to the survey conducted by Project-management.com,
The project management softwares are used for the following function:
- To set a project management plan
- For resource allocation
- Budget
- Schedule management
- Collaboration and communication
- For records and documentation
- Tracking the project progress
The list of top project management tools are:
- ClickUp
- Wrike
- Asana
- Trello
- Workzone
- ProofHub
- MeisterTask
- Monday
- Teamwork
- Podio
Implementing project management tools and software can ensure the completion of all kinds of a project successfully.
6. Soft skills and Emotional Intelligence
Emotional Intelligence is the ability to monitor one’s emotional balance and make decisions using multi-level awareness.
A good project manager does not only possess the ability to manage projects, but also the one who builds a good relationship between team members through emotional bonds.
The project manager should be open to work in a complex matrix environment where PM needs to influence, collaborate and negotiate.
Emotional Intelligence is the key to leadership.
Project management requires,
- A great communication skill
- Must be in tune with team members emotions
- Ability to understand the situation
- Must be aware of the behavior
- Need to motivate the team members
There are five categories to measure emotional intelligence:
- Self-Assessment: Being aware of one’s strengths and weaknesses.
- Self-Regulation: Discipline to control and/or redirect emotions.
- Empathy and Compassion: The ability to feel what others feel and being concerned and helpful.
- Relationship Management: Connecting with others in a healthy way.
- Effective Communication: interacting in an effective manner with decent body language
According to Sodexo, The World Economic Forum identifies Emotional Intelligence as one of the top 10 competencies for 2020
Soft Skills: Effective interaction with clients, team members or management is called a soft skill.
According to PMI’s Pulse of the Profession® in-depth, In SHRM’s report The New Talent Landscape: Recruiting Difficulty and Skills Shortages, HR professionals in organizations that were hiring full-time employees rated the need for new skills for these positions.
7. Continuous Learning
Learning is never-ending. When any new projects are taken, the organization may adopt new technology to carry out the project. By training the resources with the new technology holds good for both employer and employee. Training the existing employee will help in executing the project successfully and employees are benefited from added skill.
The employee with continuous learning and dedicated to professional growth is an asset to the company.
The employers know the importance of training in project management.
According to PMI’s Pulse Of The Profession,
Three in five organizations provide training on project management tools and techniques
The resources capable of executing the project with added skill also helps in retaining the employee and elimination of hiring new resources.
Training and development not only helps in learning a new skill but also helps in developing the existing skill.
The project management skill developed through courses and certification helps the project managers to,
- Dealing with Change
- People Management
- Stakeholder Management and Engagement
- Communication with Stakeholders
- Communication with Project Teams
- Planning
- Leadership
- Developing Critical Success Factors
- Managing Conflict
- Managing Quality
Typical new skills learned included:
- Active risk management
- Planning, implementing and monitoring projects
- Pert Charts
- Costing
- Detailed knowledge of scheduling
- The Procurement process
- Earned Value Management
According to ILX research report,
63% of the respondents conduct training to improve business capabilities.
For more information on how you can accelerate your career with these certifications, visit us at https://www.icertglobal.com/ or call now on +1-713-287-1213 / 1214 or e-mail us at info {at} icertglobal {dot} com.
Know more about our Professional Certification Training Courses for preparing for the below mentioned recommended certifications.
Recommended Courses:
- Artificial Intelligence and Deep Learning Certification Training Course
- Machine Learning Certification Training Course
- Big Data Certification Training Courses
- Agile and Scrum
- Data Science Certification Training Courses
- AWS Certified Solutions Architect Certification Training Courses
- Google Cloud Platform Fundamentals Certification Training Courses
- CISSP Certification Training Courses
- CEH Certification Training Courses
- CSM Certification Training Courses
- CRISC Certification Training Courses
- CISM Certification Training Courses
- PMP Certification Training Courses
- CAPM Certification Training Course
- CompTIA Cloud Essentials Certification Training Course
- AWS Solution Architect Certification Training Course
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
iCert Global both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in 2020? Let us know your thoughts in the 'Comments' section below.
Thank you for reading this blog post. Hope you found it useful and interesting. Team iCert Global wishes you all the best for your learning endeavors.
Read More
Here's a list of Top Project Management Trends for 2020:
- Artificial Intelligence and Automation
- Data Analytics and Business Intelligence
- Hybrid Methodologies of Project Management
- Virtual or Remote Team Management
- Emerging Project Management Tools and Techniques
- Soft Skills and Emotional Intelligence
- Continuous Learning
Project management is a practice to initiate, design, execute, monitor, control, and close a project within cost and schedule constraints. The main challenge of project management is to achieve all project objectives within the given limits.
Managing a project was quite challenging and difficult a decade ago due to a lack of project management tools and insufficient resources. The projects were smaller and simpler compared to current projects.
According to PMI’s Pulse of the Profession - Success in Disruptive Times 2018,
The field of project management is evolving with advanced technologies, tools, and emerging trends. The trends are meant to be implemented. Irrespective of the size of the project, the implementation of the latest project management trends is vital for the development of the organization.
Here is a list of the most prominent project management trends for 2020.
1. Artificial Intelligence and Automation
The hype for Artificial intelligence (AI) is alive since 2018. The main purpose of project management is analyzing risk, reducing cost, minimizing the repetition, ensuring smooth project flow, delivery on time and within budget.
The role of project managers is to monitor and manage the project with minimum repetition work and excellent decision-making skills. There are many project activities involved to successfully complete the project.
Irrespective of the size of the project, there is always uncertainty. Risk-based probability management is always challenging for humans. The uncertainty can be reduced by using AI, machine learning and predictive analysis.
By 2030, 80 percent of the work of today’s project management (PM) discipline will be eliminated as artificial intelligence (AI) takes on traditional PM functions such as data collection, tracking, and reporting.
By 2021, 70 percent of organizations will assist their employees’ productivity by integrating AI in the workplace.
Humans face challenges while handling complex data. Artificial Intelligence plays a vital role in minimizing human interference in day to day work.
In Project management, AI can be useful in,
- Early prediction of risks
- Eliminating repetitive work
- Improved project analysis
- Increase inefficiency
There are many tools and technologies of artificial intelligence used in project management:
-
Knowledge-based expert system (KBES):
The combination of knowledge Base and Inference Engine, KEBS is a system created by collecting the facts and opinions from the subject matter expert (SMEs).
KEBS is used to provide the resource requirement and estimates of the duration for project activities based on the information by SMEs.
-
Artificial neural network (ANN)
Artificial neural network (ANN) is a machine learning approach that has the ability to learn, generalize from the data and use the data the same as the human brain.
ANN is used to sequence the project activities based on the requirements.
ANN helps in predicting cost overruns based on project size, the competence of project manager and type of contract used.
ANN estimates the probability of occurrence of risk by allowing a quantitative approach to risk analysis.
-
Genetic Algorithms (GA)
Genetic algorithms (GA) is an iterative search method based on the social behavior of the species or humans. It uses the natural evolution process to bring out the optimum solution to the large scale problems.
GA uses the natural evaluation process of selection, mutual decision and cross over to arrive at a decision.
GA in project management is used to optimize the schedule of project activities within constraints in order to reduce the cost.
-
Fuzzy Logic
The logic computing by which we can determine the “degree of truth”. Fuzzy Logic helps to prioritize the project activities.
Fuzzy logic is used to assess risk in the project to model the probability distribution.
AI and automation are not taking over the project manager’s jobs. It is just making the process simpler.
Project managers getting familiar with AI and automation will make work much simpler and systematic. With AI and automation, you can deliver the project on time and on budget.
2. Data analytics and Business intelligence
Project management includes a lot of data. Optimizing the business with lots of data is quite challenging. Project-based data are sometimes complex. In order to observe, measure and analyze the data, data analytics are used. Data analytics and Business intelligence both play a vital role in project management.
By the end of 2020, the Data Analytics and Business intelligence market are forecast to grow to $22.8 billion.
By using the data analytics, project managers will be able to know the magnitude of the information available, performance of the project which will help project managers to make strategic decisions.
Project managers can use analytical reports to breakdown complex data into insights. These insights from data analysts are sent to project managers or decision-makers.
According to Gartner, the top ten technology trends in data and analytics are:
Project managers are more focussed and continuously engaged in facing strategic and operational challenges. The project managers aim to make the project more effective with efficient resources within budget.
Poor project management can lead to cost overrun and delay in completing the project than expected.
Effectiveness in project management can be increased by business intelligence. Business intelligence can help project managers in 4 ways.
- Business intelligence can automate the processes
- BI helps to predict risks
- BI controls the cost overrun
- BI provides more reliable and accurate data
The trending software used for Business intelligence are:
- SAP Business Intelligence
- Microstrategy
- Datapine
- SAS Business Intelligence
- Yellowfin BI
- QlikSense
- Zoho Analytics
- Sisense
- Microsoft Power BI
- Looker
According to a survey conducted by Business Application research center, the importance of Business intelligence trends for 2020 by 2865 respondents is shown below:
Hence, Master Data Management is the top trend for business intelligence for 2020.
3. Hybrid Methodologies of project Management
Project management methodologies are all about determining how the project should be planned, monitored and executed.
Project management methodologies can be a set of methods, techniques, guidelines, templates and best practices. Generally, a single method is chosen as an end to end solution for executing a project.
Traditional methods are suitable when there are a definite path and well defined final outcome.
Agile methodologies are trending but it is quite challenging to implement it.
Project management requirements along with increasing uncertainty and complexity make it more difficult to choose any one method of project management.
Hybrid methodologies of project management refer to implementing different methodologies together as per the requirement.
Projects are classified based on the following four components which will further decide how projects should be managed.
- Complexity
- Novelty
- Technology
- Pace
Different projects have different requirements. One-size-fits-all solutions do not hold good for all the projects. A multi-dimensional framework is introduced based on the fundamental practices of project management. In order to characterize a project, 14 parameters are considered and three potential levels are identified for each parameter. Based on the results, different project management approaches are proposed.
The multi-dimensional framework includes 14 attributes and 23 different project management approaches derived from the traditional waterfall method, Agile method and Theory of Constraints (TOC).
Source: PMI
The below table shows the main approaches identified in the waterfall method, agile method, and TOC.
Source: PMI
Specific projects are characterized based on selecting the appropriate value on each dimension of 14 attributes.
The mapping between the fourteen attributes and different approaches are carried out by project managers.
This results in the successful implementation of project management. PRINCE2 certification can be done along with Agile and Scrum for better understanding and implementation of hybrid technologies.
According to PMI’s Pulse of Profession 2019 11th Global Project Management Survey,
Nearly 60% of Project Management Technology Quotient (PMTQ) Innovators used Hybrid Project Management Practices for successful project completion.
PMTQ is the person’s ability to adapt, integrate and manage technology-based requirements in the organization.
4. Virtual or Remote Team Management
The virtual or remote team is when the project is carried out by the team members working in different locations and virtually. Virtual projects are led by the managers and are one of the top trends in project management due to the rapid development of technology, globalization, increasing outsourcing, and talented resource availability in a different location.
According to The Modern Workplace 2019: People, Places & Technology study by Condeco,
Condeco concluded that remote working is the major trend in America
43% of U.S based organizations stated that more employees are expected to work remotely in 2020.
52% of U.S companies said they offer remote working to increase employee retention.
There are many benefits of Remote Working,
- Flexible schedule
- Comfort working from home
- Higher Productivity
- Can avoid commuting
- Better work-life balance
- Better health
- Reduces attrition
- Improves morale
Based on the State of Remote Work-2019,
There are many challenges to be faced in managing the Remote team but there are ways to overcome the challenges.
Challenges faced in managing a remote working team:
- Hiring the right resource
- Language
- Setting schedules might be quite challenging
- Difficulty in tracking progress and performances
- Lack of connection with the team
- Lacking appropriate communication
These challenges can be faced by using the best practices and tools:
Best practices to manage remote working
- Encourage transparency in work: Regular communications about the project, project scope, and objective, vision, review of the output. A clear chain of command helps in setting expectations.
- Utilize technology: Reliable, secure and well-equipped technology can ensure effective remote work
- Hiring the right resources: Hiring Self-motivated individual with the required amount of skill can make managing the remote work simpler.
- Arrange events and meetings: Arranging common meetings for the remote team along with the company staff can help them to interact more with other team members.
Tools used for managing remote working teams:
- Slack
- Proprofs
- Basecamp
- UberConference
- Document sign by Adobe
- Zapier
- 1Password
- Canva for work
- Hubstaff
- Process street
5. Emerging project management tools and techniques
Implementing new tools and technologies can ensure project success in every aspect. Project Management Softwares have become an integral part of the projects.
According to PWC,
Every project has goals and objectives, to accomplish the goal certain project activities are carried out with effective project management. Project management is quite a complex process. To streamline a process, project management software is used.
According to Mordor Intelligence,
The project management software market is expected to register a CAGR of 10.17% during the forecast period (2019 – 2024).
The top three requirements from project management software are:
- Reliability
- Ease of use
- Ease of Integration
There are two types of project management software available nowadays:
Online: Cloud-based technology with application providers such as SaaS (Software-as-a-Service).
On-Premises: Project management software residing in the company’s own server and is managed by the company’s IT team.
There are many project management software that fulfills all three requirements.
The top reasons to adopt project management software according to the survey conducted by Project-management.com,
The project management softwares are used for the following function:
- To set a project management plan
- For resource allocation
- Budget
- Schedule management
- Collaboration and communication
- For records and documentation
- Tracking the project progress
The list of top project management tools are:
- ClickUp
- Wrike
- Asana
- Trello
- Workzone
- ProofHub
- MeisterTask
- Monday
- Teamwork
- Podio
Implementing project management tools and software can ensure the completion of all kinds of a project successfully.
6. Soft skills and Emotional Intelligence
Emotional Intelligence is the ability to monitor one’s emotional balance and make decisions using multi-level awareness.
A good project manager does not only possess the ability to manage projects, but also the one who builds a good relationship between team members through emotional bonds.
The project manager should be open to work in a complex matrix environment where PM needs to influence, collaborate and negotiate.
Emotional Intelligence is the key to leadership.
Project management requires,
- A great communication skill
- Must be in tune with team members emotions
- Ability to understand the situation
- Must be aware of the behavior
- Need to motivate the team members
There are five categories to measure emotional intelligence:
- Self-Assessment: Being aware of one’s strengths and weaknesses.
- Self-Regulation: Discipline to control and/or redirect emotions.
- Empathy and Compassion: The ability to feel what others feel and being concerned and helpful.
- Relationship Management: Connecting with others in a healthy way.
- Effective Communication: interacting in an effective manner with decent body language
According to Sodexo, The World Economic Forum identifies Emotional Intelligence as one of the top 10 competencies for 2020
Soft Skills: Effective interaction with clients, team members or management is called a soft skill.
According to PMI’s Pulse of the Profession® in-depth, In SHRM’s report The New Talent Landscape: Recruiting Difficulty and Skills Shortages, HR professionals in organizations that were hiring full-time employees rated the need for new skills for these positions.
7. Continuous Learning
Learning is never-ending. When any new projects are taken, the organization may adopt new technology to carry out the project. By training the resources with the new technology holds good for both employer and employee. Training the existing employee will help in executing the project successfully and employees are benefited from added skill.
The employee with continuous learning and dedicated to professional growth is an asset to the company.
The employers know the importance of training in project management.
According to PMI’s Pulse Of The Profession,
Three in five organizations provide training on project management tools and techniques
The resources capable of executing the project with added skill also helps in retaining the employee and elimination of hiring new resources.
Training and development not only helps in learning a new skill but also helps in developing the existing skill.
The project management skill developed through courses and certification helps the project managers to,
- Dealing with Change
- People Management
- Stakeholder Management and Engagement
- Communication with Stakeholders
- Communication with Project Teams
- Planning
- Leadership
- Developing Critical Success Factors
- Managing Conflict
- Managing Quality
Typical new skills learned included:
- Active risk management
- Planning, implementing and monitoring projects
- Pert Charts
- Costing
- Detailed knowledge of scheduling
- The Procurement process
- Earned Value Management
According to ILX research report,
63% of the respondents conduct training to improve business capabilities.
For more information on how you can accelerate your career with these certifications, visit us at https://www.icertglobal.com/ or call now on +1-713-287-1213 / 1214 or e-mail us at info {at} icertglobal {dot} com.
Know more about our Professional Certification Training Courses for preparing for the below mentioned recommended certifications.
Recommended Courses:
- Artificial Intelligence and Deep Learning Certification Training Course
- Machine Learning Certification Training Course
- Big Data Certification Training Courses
- Agile and Scrum
- Data Science Certification Training Courses
- AWS Certified Solutions Architect Certification Training Courses
- Google Cloud Platform Fundamentals Certification Training Courses
- CISSP Certification Training Courses
- CEH Certification Training Courses
- CSM Certification Training Courses
- CRISC Certification Training Courses
- CISM Certification Training Courses
- PMP Certification Training Courses
- CAPM Certification Training Course
- CompTIA Cloud Essentials Certification Training Course
- AWS Solution Architect Certification Training Course
We provide instructor-led classroom and instructor-led live online training across the globe. We also provide Corporate Training for enterprise workforce development.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
iCert Global both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in 2020? Let us know your thoughts in the 'Comments' section below.
Thank you for reading this blog post. Hope you found it useful and interesting. Team iCert Global wishes you all the best for your learning endeavors.
What is the Importance of Project Integration Management to Ensure Project Success?
:
Project Integration Management is one of the most important aspects of project management. Different organizations adopt different methodologies of project management according to the complexity of the project, and convenience.
Within the same organization, different teams or different departments might work on different methodologies. There are many processes involved to achieve the targeted goal and successful completion of the project. Project integration management ensures to connect all the dots of processes in a structured manner irrespective of the variation in methodologies to successfully complete the project.
Project Integration Management involves a collaborative system between all the elements of project management such as,
Integrated project management refers to the interconnected and collaborative approach to executing the project with effective coordination.
Project integration management is one of the 10 knowledge areas of project management. This knowledge area runs throughout the 5 phases of project management.
- Initiating
- Planning
- Executing
- Monitoring and controlling
- Closing
The main objective of project management is the coordination within all the stakeholders of the project to ensure the team is working in the right direction to reach the same goal.
The importance of project integration management listed below:
1. Provides coordination and synchronization throughout the project lifecycle
The collaborative approach between all stakeholders to ensure the ease flow of project processes throughout the project.
During the transition phase of project processes, project integration plays a vital role in transferring all the inputs required for the next phase of the project.
Integration management is necessary to ensure there is teamwork and all information is synchronized.
2. Ensures the project run smoothly
With proper integration management, the project activities are completed without any confusion. After finishing all the tasks it can be officially closed and resources can be utilized for the next project.
Due to proper coordination and synchronization projects can run smoothly.
3. Clear understanding of their roles and responsibilities
With structured integration management, all the stakeholders will be clear about their roles and responsibilities. The planning and coordination between the stakeholders are monitored by the project manager.
4. Measures and monitors the project’s progress
Integration management ensures the project’s progress information is distributed to all the stakeholders for clear information about the phases and transitions. The necessary steps are taken to bring the firm decisions to meet the objective.
5. Decisions are made more clear
The decisions about the key changes required for the smooth project flow is taken by conducting meetings with all the stakeholders. The structured coordination between the stakeholders makes the decisions clearer.
6. Manages and controls the performance
Project integration management manages and controls the team’s or individual performance, or delay due to the input from other teams or departments.
7. Ensures due dates, result, project lifecycle, and the benefits management plan are aligned
With proper coordination, the project deliverables are delivered on time according to the plan.
What are the processes involved in Project Integration Management?
There are seven project processes involved in project integration management that runs throughout the project life-cycle in all the phases. The coordination between the resources, stakeholders, and other project elements that ensure to execute the project end to end successfully is Project Integration Management. It is very important because project success highly depends on integration management in terms of schedule, cost, quality, scope, risks, etc. The seven processes are:
1. Develop Project Charter process :
The develop project charter process is a document that is prepared in the initiation phase to formally authorize the existence of the project. In this process, the document is prepared and given to the authoritative project manager to use the resources required for the project.
The project charter is a key element that describes the whole project in brief. The project charter generally includes the objective of the project, stakeholders, requirements, high-level assumptions and constraints, etc.
2. Develop Project Management Plan process:
The process of combining all the project plans and sub-plans into a single integrated plan. It is one of the most crucial processes of project management. Project success is dependent on the project management plan. The authoritative head to plan project management is the project manager.
This document is approved and signed by authorized stakeholders.
3. Direct and Manage Project Work process
In this process, the project work activities are directed and managed while executing. This refers to the term “leading and controlling” the assigned project activities. The key outputs of this process are final deliverables and change requests for the project work.
4. Manage Project Knowledge process
The main objective of this process is to improve the project process using existing knowledge and creating new knowledge. The knowledge created is used for further processes and future projects. The continuing knowledge gain and utilizing the existing knowledge is the main objective of the project.
5. Monitor and Control Project Work process
Monitoring and controlling project work refers to continuous tracking, reviewing and reporting the project progress status to achieve the required target of the project work activities.
The performances of each assigned resource are monitored and controlled. The document is prepared regarding the issue and the improvement possible.
6. Perform Integrated Change Control process
The perform integrated change control process includes reviewing all the change requests and managing them effectively from all the working departments. The document is prepared for approval of any change requests.
The change requests are approved when there is not much impact on scope, time and cost of the project. The change requests can be project deliverables, project plan or project assets.
7. Close Project or Phase process
This process refers to closing the project activities by finalizing all the deliverables of project activities and the documents related to closing the project or phase is prepared by the project manager. In this process, the resources are released to work for other projects.
What are the emerging practices in Project Integration Management?
Project integration management is the combination or consolidation of the results of all the processes of remaining knowledge areas. The following are the emerging practices in Project Integration Management:
1. Project Management Information System(PMIS)
The information project managers want to integrate is collected, analyzed and used in order to meet the objective of the project. This is done by using the Project Management Information System(PMIS) or any other automated tool. PMIS is a software application used to collect information.
2. Using Visual Tools
Visual tools are used to understand critical project elements rather than a written document. By making the project element visible gives a clear picture of the project status to all the team members. This further facilitates knowledge transfer and helps in solving the issues more effectively.
3. Project Knowledge Management
Project Knowledge Management enables continuous learning and knowledge transfer by bringing together stakeholders, procedures, tools, and knowledge required during the project life cycle. It ensures to optimize the knowledge gained by all the team members.
4. Expanding responsibilities
The responsibilities of the project managers are expanded by calling them to initiate and finalize the business case development and business benefits management. Project managers are also responsible for the identification and engagement of stakeholders. The frequent meetings with all the stakeholders due to expanded responsibilities result in better integration management.
5. Hybrid Methodologies
The different methodologies such as agile , business analysis techniques, tools to identify complex elements are combined and used as a part of the emerging practice of project integration management.
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iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
Project Integration Management is one of the most important aspects of project management. Different organizations adopt different methodologies of project management according to the complexity of the project, and convenience.
Within the same organization, different teams or different departments might work on different methodologies. There are many processes involved to achieve the targeted goal and successful completion of the project. Project integration management ensures to connect all the dots of processes in a structured manner irrespective of the variation in methodologies to successfully complete the project.
Project Integration Management involves a collaborative system between all the elements of project management such as,
Integrated project management refers to the interconnected and collaborative approach to executing the project with effective coordination.
Project integration management is one of the 10 knowledge areas of project management. This knowledge area runs throughout the 5 phases of project management.
- Initiating
- Planning
- Executing
- Monitoring and controlling
- Closing
The main objective of project management is the coordination within all the stakeholders of the project to ensure the team is working in the right direction to reach the same goal.
The importance of project integration management listed below:
1. Provides coordination and synchronization throughout the project lifecycle
The collaborative approach between all stakeholders to ensure the ease flow of project processes throughout the project.
During the transition phase of project processes, project integration plays a vital role in transferring all the inputs required for the next phase of the project.
Integration management is necessary to ensure there is teamwork and all information is synchronized.
2. Ensures the project run smoothly
With proper integration management, the project activities are completed without any confusion. After finishing all the tasks it can be officially closed and resources can be utilized for the next project.
Due to proper coordination and synchronization projects can run smoothly.
3. Clear understanding of their roles and responsibilities
With structured integration management, all the stakeholders will be clear about their roles and responsibilities. The planning and coordination between the stakeholders are monitored by the project manager.
4. Measures and monitors the project’s progress
Integration management ensures the project’s progress information is distributed to all the stakeholders for clear information about the phases and transitions. The necessary steps are taken to bring the firm decisions to meet the objective.
5. Decisions are made more clear
The decisions about the key changes required for the smooth project flow is taken by conducting meetings with all the stakeholders. The structured coordination between the stakeholders makes the decisions clearer.
6. Manages and controls the performance
Project integration management manages and controls the team’s or individual performance, or delay due to the input from other teams or departments.
7. Ensures due dates, result, project lifecycle, and the benefits management plan are aligned
With proper coordination, the project deliverables are delivered on time according to the plan.
What are the processes involved in Project Integration Management?
There are seven project processes involved in project integration management that runs throughout the project life-cycle in all the phases. The coordination between the resources, stakeholders, and other project elements that ensure to execute the project end to end successfully is Project Integration Management. It is very important because project success highly depends on integration management in terms of schedule, cost, quality, scope, risks, etc. The seven processes are:
1. Develop Project Charter process :
The develop project charter process is a document that is prepared in the initiation phase to formally authorize the existence of the project. In this process, the document is prepared and given to the authoritative project manager to use the resources required for the project.
The project charter is a key element that describes the whole project in brief. The project charter generally includes the objective of the project, stakeholders, requirements, high-level assumptions and constraints, etc.
2. Develop Project Management Plan process:
The process of combining all the project plans and sub-plans into a single integrated plan. It is one of the most crucial processes of project management. Project success is dependent on the project management plan. The authoritative head to plan project management is the project manager.
This document is approved and signed by authorized stakeholders.
3. Direct and Manage Project Work process
In this process, the project work activities are directed and managed while executing. This refers to the term “leading and controlling” the assigned project activities. The key outputs of this process are final deliverables and change requests for the project work.
4. Manage Project Knowledge process
The main objective of this process is to improve the project process using existing knowledge and creating new knowledge. The knowledge created is used for further processes and future projects. The continuing knowledge gain and utilizing the existing knowledge is the main objective of the project.
5. Monitor and Control Project Work process
Monitoring and controlling project work refers to continuous tracking, reviewing and reporting the project progress status to achieve the required target of the project work activities.
The performances of each assigned resource are monitored and controlled. The document is prepared regarding the issue and the improvement possible.
6. Perform Integrated Change Control process
The perform integrated change control process includes reviewing all the change requests and managing them effectively from all the working departments. The document is prepared for approval of any change requests.
The change requests are approved when there is not much impact on scope, time and cost of the project. The change requests can be project deliverables, project plan or project assets.
7. Close Project or Phase process
This process refers to closing the project activities by finalizing all the deliverables of project activities and the documents related to closing the project or phase is prepared by the project manager. In this process, the resources are released to work for other projects.
What are the emerging practices in Project Integration Management?
Project integration management is the combination or consolidation of the results of all the processes of remaining knowledge areas. The following are the emerging practices in Project Integration Management:
1. Project Management Information System(PMIS)
The information project managers want to integrate is collected, analyzed and used in order to meet the objective of the project. This is done by using the Project Management Information System(PMIS) or any other automated tool. PMIS is a software application used to collect information.
2. Using Visual Tools
Visual tools are used to understand critical project elements rather than a written document. By making the project element visible gives a clear picture of the project status to all the team members. This further facilitates knowledge transfer and helps in solving the issues more effectively.
3. Project Knowledge Management
Project Knowledge Management enables continuous learning and knowledge transfer by bringing together stakeholders, procedures, tools, and knowledge required during the project life cycle. It ensures to optimize the knowledge gained by all the team members.
4. Expanding responsibilities
The responsibilities of the project managers are expanded by calling them to initiate and finalize the business case development and business benefits management. Project managers are also responsible for the identification and engagement of stakeholders. The frequent meetings with all the stakeholders due to expanded responsibilities result in better integration management.
5. Hybrid Methodologies
The different methodologies such as agile , business analysis techniques, tools to identify complex elements are combined and used as a part of the emerging practice of project integration management.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
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iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What is the Difference Between PRINCE2 Foundation and PRINCE2 Practitioner Certifications?
:
What is the Difference Between PRINCE2 Foundation and PRINCE2 Practitioner Certifications?
PRINCE2® is an acronym for PRojects IN Controlled Environments and the "2" refers to its relaunch in October 1996. It is the non-proprietary process-based project management methodology. PRINCE2 is mainly focused to establish,
- Control at the commencement.
- Progression of the project.
- Termination of projects.
PRINCE2 is one of the most globally accepted project management methods. It can be applied to any kind of project irrespective of scale, type, geography, organization or culture.
In the UK, PRINCE2® (Projects in Controlled Environments) is considered the de facto standard for IT project management. PRINCE2 doesn’t define the project as a temporary endeavor, rather as a project management method it delivers based on a business case.
The PRINCE2 method is in the public domain therefore, users are not tied to any single organization for consultancy, training, and support.
PRINCE2 is widely regarded as a common standard that enables projects in the public or private sector to be executed with a common understanding of the processes and terminology used.
PRINCE2 is a certification program owned by AXELOS and this method is sustained by a scheme that offers four levels of certification:
- PRINCE2 Foundation
- PRINCE2 Practitioner
- PRINCE2 Agile Foundation
- PRINCE2 Agile Practitioner.
There are two levels of PRINCE2 Certification:
- PRINCE2 Foundation: Entry-level certification
- PRINCE2 Practitioner: Certification for project managers working on running projects
Before we get to know the differences, it is important to know what includes in PRINCE2.
The structure of PRINCE2 includes:
7 Principles of PRINCE2
- Continued business justification.
- Learn from experience.
- Defined roles and responsibilities.
- Manage by stages.
- Manage by exception.
- Focus on products.
- Tailor to suit the environment
7 Themes of PRINCE2
- Business case.
- Organization.
- Quality.
- Plans.
- Risk.
- Change.
- Progress.
7 Processes of PRINCE2
- Starting up a project.
- Directing a project.
- Initiating a project.
- Controlling a stage.
- Managing product delivery.
- Managing a stage boundary.
- Closing a project.
There are many differences between PRINCE2 Foundation certification and PRINCE2 Practitioner Certification in terms of syllabus, eligibility criteria, target audience, exam pattern, career path, demand, and scope.
Eligibility Criteria:
PRINCE2 Foundation certification: There is no formal prerequisite to take up PRINCE2 Foundation Certification. But having a basic knowledge of project management will be an advantage.
PRINCE2 Practitioner certification: To take-up PRINCE2 Practitioner Certification, you should have any one of the following certifications.
- PRINCE2 Foundation
- Project Management Professional (PMP)®
- Certified Associate in Project Management (CAPM)®
- IPMA Level A (Certified Projects Director)
- IPMA Level B® (Certified Senior Project Manager)
- IPMA Level C® (Certified Project Manager)
- IPMA Level D® (Certified Project Management Associate)
Syllabus
PRINCE2 Foundation Certification:
- PRINCE2 Foundation is the basic level of certification.
- The PRINCE2 method is introduced in the PRINCE2 Foundation Level. The PRINCE2 Foundation certification establishes your credentials in the knowledge and understanding of the PRINCE2 method.
- The PRINCE2 Foundation qualification will impart knowledge about the PRINCE2 principles, themes, and processes, and terminology and when qualified you will be able to act as an informed member of a project management team using the PRINCE2 methodology within a project environment supporting PRINCE2.
- The PRINCE2 Foundation certification endorses your credibility to engage as an informed team member to work on projects in an environment supporting PRINCE2.
PRINCE2 Practitioner Certification:
- The Practitioner certification validates your knowledge and understanding of PRINCE2 concepts and principles. It includes detailed explanations about PRINCE2 principles, themes, and processes.
- The Practitioner certification assesses your capability in applying and tailoring the PRINCE2 project management method in different project environments and scenarios.
Target Audience
Target audiences are those who are best suited for taking up PRINCE2 certifications:
PRINCE2 Foundation Certification
PRINCE2 Foundation certification is recommended for current and aspiring project managers. It is applicable for:
- Team Managers
- Project Board members
- Project Support
- Operation Managers
- Professionals who manage projects
PRINCE2 Practitioner Certification
This certification is best suitable for project managers, professionals involved with managing projects and aspiring project managers. It is also applicable for:
- Team Managers
- Project Board members
- Project Support
- Operation Managers
Exam Pattern
PRINCE2 Foundation Certification:
- Multiple-choice questions
- 60-minute duration
- 60 questions
- Closed book
- 33/60 required to pass = 55% passing score
- The exam can be taken in any of the 5 languages
PRINCE2 Practitioner Certification:
- Multiple-choice questions
- 150-minute exam duration
- 68 questions
- 38/68 required to pass = 55% passing score
- Open book exam (official PRINCE2 manual only)
Cost
According to AXELOS,
“AXELOS is not a training organization or exam body and so prices for training courses and exams are set by our partners and will vary.”
The cost of PRINCE2 Practitioner Certification fees will be higher compared to the PRINCE2 Foundation Certification cost.
Demand and Scope
PRINCE2 certification proves to be an asset as it accelerates your career in the field of project management.
A 2016 AXELOS survey questioned individuals in project management and other roles, such as IT, senior management and operations. They reported that "regardless of function, candidates do find that PRINCE2 is valuable to their career".
According to Payscale.com,
The average annual salaries for certified PRINCE2 professionals in the United States are shown below.
Currency: USD, Updated: Mon Nov 11 2019
According to payscale, the salary of a PRINCE2® Practitioner ranges from $97,000 per year.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
What is the Difference Between PRINCE2 Foundation and PRINCE2 Practitioner Certifications?
PRINCE2® is an acronym for PRojects IN Controlled Environments and the "2" refers to its relaunch in October 1996. It is the non-proprietary process-based project management methodology. PRINCE2 is mainly focused to establish,
- Control at the commencement.
- Progression of the project.
- Termination of projects.
PRINCE2 is one of the most globally accepted project management methods. It can be applied to any kind of project irrespective of scale, type, geography, organization or culture.
In the UK, PRINCE2® (Projects in Controlled Environments) is considered the de facto standard for IT project management. PRINCE2 doesn’t define the project as a temporary endeavor, rather as a project management method it delivers based on a business case.
The PRINCE2 method is in the public domain therefore, users are not tied to any single organization for consultancy, training, and support.
PRINCE2 is widely regarded as a common standard that enables projects in the public or private sector to be executed with a common understanding of the processes and terminology used.
PRINCE2 is a certification program owned by AXELOS and this method is sustained by a scheme that offers four levels of certification:
- PRINCE2 Foundation
- PRINCE2 Practitioner
- PRINCE2 Agile Foundation
- PRINCE2 Agile Practitioner.
There are two levels of PRINCE2 Certification:
- PRINCE2 Foundation: Entry-level certification
- PRINCE2 Practitioner: Certification for project managers working on running projects
Before we get to know the differences, it is important to know what includes in PRINCE2.
The structure of PRINCE2 includes:
7 Principles of PRINCE2
- Continued business justification.
- Learn from experience.
- Defined roles and responsibilities.
- Manage by stages.
- Manage by exception.
- Focus on products.
- Tailor to suit the environment
7 Themes of PRINCE2
- Business case.
- Organization.
- Quality.
- Plans.
- Risk.
- Change.
- Progress.
7 Processes of PRINCE2
- Starting up a project.
- Directing a project.
- Initiating a project.
- Controlling a stage.
- Managing product delivery.
- Managing a stage boundary.
- Closing a project.
There are many differences between PRINCE2 Foundation certification and PRINCE2 Practitioner Certification in terms of syllabus, eligibility criteria, target audience, exam pattern, career path, demand, and scope.
Eligibility Criteria:
PRINCE2 Foundation certification: There is no formal prerequisite to take up PRINCE2 Foundation Certification. But having a basic knowledge of project management will be an advantage.
PRINCE2 Practitioner certification: To take-up PRINCE2 Practitioner Certification, you should have any one of the following certifications.
- PRINCE2 Foundation
- Project Management Professional (PMP)®
- Certified Associate in Project Management (CAPM)®
- IPMA Level A (Certified Projects Director)
- IPMA Level B® (Certified Senior Project Manager)
- IPMA Level C® (Certified Project Manager)
- IPMA Level D® (Certified Project Management Associate)
Syllabus
PRINCE2 Foundation Certification:
- PRINCE2 Foundation is the basic level of certification.
- The PRINCE2 method is introduced in the PRINCE2 Foundation Level. The PRINCE2 Foundation certification establishes your credentials in the knowledge and understanding of the PRINCE2 method.
- The PRINCE2 Foundation qualification will impart knowledge about the PRINCE2 principles, themes, and processes, and terminology and when qualified you will be able to act as an informed member of a project management team using the PRINCE2 methodology within a project environment supporting PRINCE2.
- The PRINCE2 Foundation certification endorses your credibility to engage as an informed team member to work on projects in an environment supporting PRINCE2.
PRINCE2 Practitioner Certification:
- The Practitioner certification validates your knowledge and understanding of PRINCE2 concepts and principles. It includes detailed explanations about PRINCE2 principles, themes, and processes.
- The Practitioner certification assesses your capability in applying and tailoring the PRINCE2 project management method in different project environments and scenarios.
Target Audience
Target audiences are those who are best suited for taking up PRINCE2 certifications:
PRINCE2 Foundation Certification
PRINCE2 Foundation certification is recommended for current and aspiring project managers. It is applicable for:
- Team Managers
- Project Board members
- Project Support
- Operation Managers
- Professionals who manage projects
PRINCE2 Practitioner Certification
This certification is best suitable for project managers, professionals involved with managing projects and aspiring project managers. It is also applicable for:
- Team Managers
- Project Board members
- Project Support
- Operation Managers
Exam Pattern
PRINCE2 Foundation Certification:
- Multiple-choice questions
- 60-minute duration
- 60 questions
- Closed book
- 33/60 required to pass = 55% passing score
- The exam can be taken in any of the 5 languages
PRINCE2 Practitioner Certification:
- Multiple-choice questions
- 150-minute exam duration
- 68 questions
- 38/68 required to pass = 55% passing score
- Open book exam (official PRINCE2 manual only)
Cost
According to AXELOS,
“AXELOS is not a training organization or exam body and so prices for training courses and exams are set by our partners and will vary.”
The cost of PRINCE2 Practitioner Certification fees will be higher compared to the PRINCE2 Foundation Certification cost.
Demand and Scope
PRINCE2 certification proves to be an asset as it accelerates your career in the field of project management.
A 2016 AXELOS survey questioned individuals in project management and other roles, such as IT, senior management and operations. They reported that "regardless of function, candidates do find that PRINCE2 is valuable to their career".
According to Payscale.com,
The average annual salaries for certified PRINCE2 professionals in the United States are shown below.
Currency: USD, Updated: Mon Nov 11 2019
According to payscale, the salary of a PRINCE2® Practitioner ranges from $97,000 per year.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What is Project Schedule and Cost Control in Project Management?
:
What is Project Schedule and Cost Control in Project Management?
The project is considered successful when it is delivered on time and within budget. Project cost and project schedule are the two main critical and uncertain aspects of the project lifecycle. Forecasting cost and schedule both are quite challenging. Project managers play a vital role in the completion of the project with respect to all the processes of project management aligned with Schedule, Cost, Scope, Quality, Resources, Risks, Changes, Stakeholders by,
- Keeping projects on track
- Setting time frame
- Assigning resources and allocating time
- Monitoring and controlling cost
- Reduce errors
- Conflict Management
- Reducing errors
- Keeping a record of all the project activities
Successful completion of the project highly depends on effective and efficient Project Schedule and Cost Control. Project Managers hold the responsibility of deciding the resources and getting the project task done within the allocated budget and time.
What is Project Schedule?
The project schedule is a documented framework of the project’s milestones, project activities, deliverables, and timeframe that is highly efficient for any project. The project schedule can be related to the Work Breakdown Structure (WBS). It gives an overview of the overall project’s timeframe. The project schedule is nothing but giving the project a reliable timeframe. Project Schedule helps in tracking the project in all the 5 phases of project management.
There are many tools to develop a project schedule. Gantt Charts are used for small projects and network analysis can be used for large projects.
What are the inputs required to prepare the Project Schedule?
The requirements to create a project schedule is as follows:
- Scope of the project: Detailed description of the scope is required to decide the start and end date, know the limitations and set the project milestones to meet the stakeholder’s expectations.
- Resource availability: Before assigning the resource it is very important to know the resource availability. This will be helpful to know if there are any other constraints.
- Working calendars: List of holidays, working shifts, working days, employee holidays are required to create a project schedule.
- Project risks: Risk assessment is carried out to make sure there is enough time to deal with the identified risks or make alternate plans.
How to develop a Project Schedule?
Project schedule management involves listing the tasks, deliverables, duration, stakeholder assigned, start and end date of the tasks within the project. The main purpose of the project schedule is to know,
- What needs to be done?
- Who will do the task?
- When is the deadline for the project?
- When should the task needs to be finished?
The Project Schedule is the main output of the Develop Schedule process. Defining activities, sequencing activities, estimating the activity durations.
Define Activities
The list of all the project activities to be conducted during the project execution is documented in this process. The exact actions to be taken to achieve the project objective is the main output of this process. In this process, the input, tools and techniques and output is clearly defined.
Sequence Activities
The process of identifying the priorities of the project activities and documenting the same. The sequence of all the project activities is documented in this process. It is one of the most important processes of project management to keep the project flow smoothly.
Estimate Activity Durations
Estimating the activity durations refers to document the time allotted to each project activity. This process helps to set the whole project timeline according to the sequence of project activities.
Develop Schedule
The process of combining all the components of schedule management to the project timeline is the scheduling process. The document is created by analyzing the sequence of project activities and the estimated duration.
What are the tools and techniques to develop a project schedule?
The following are the tools and techniques used to develop a project schedule:
- Schedule network analysis: The graphical representation of all the project activities are listed according to sequence and the duration. Schedule network analysis is generally carried out through Gantt Charts or PERT Charts.
- Critical Path Analysis: The technique used to prioritizing the high-risk task by calculating the critical path in order to complete the project in minimum time. It determines the best possible start and end date of the project.
- Schedule Compression: The technique used to reduce the project duration considering all the constraints. This technique is used only in certain activities. The two methods are used for schedule compression.
- Crashing
- Fast-tracking
There are many other tools and techniques used in project schedule management such as,
- Critical chain method
- Modeling techniques
- Leads and lags
- Resource optimization techniques
What are the softwares used for Scheduling Projects?
The top 10 softwares used for project schedule is listed below:
- monday.com
- Celoxis
- Hive
- ProjectManager.com
- Forecast
- Mavenlink
- Hub Planner
- Microsoft Project Online
- Workfront
- Asana
What Is Cost Control?
The process of monitoring, tracking and controlling according to the actual cost of the project is cost control. The success of the project is not only determined by completion. It is very essential to complete the project within the planned budget. Cost control is a challenging task due to uncertain circumstances that might occur throughout the project life-cycle.
In simple terms, the prevention of exceeding the actual cost is cost control. Cost control helps in an increase in profit and carries out the project in the best economical way.
According to PMBOK® Guide – Sixth Edition, Project cost management is defined as Project cost management includes the processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs so the project can be completed within the approved budget.
What includes in Cost Control?
Cost control generally manages the overall project costs. There are 5 types of project costs in any project. They are,
- Fixed Cost - Any Cost which is fixed throughout the project and does not fluctuate.
- Variable Cost - Any cost which changes in proportion to a product or has a high tendency to variate
- Direct Costs - Costs that are directly linked to the budget of the project.
- Indirect Costs - Costs that are not particularly connected to the project but shared across multiple projects.
- Sunk Cost - Sunk Costs are costs which are already spent, but have failed to generate any business value for the project.
- Total Project Cost: The Total Project Cost (TPC) is calculated by putting together the fixed cost and variable cost and Other Project Costs (OPC). It is important to get the total project cost accurate or close to the accurate figure with minimal tolerance as it would severely impact the project scope and schedule resulting in cost overrun.
The comparison of the cost is done according to the project baseline. Project Baseline is a document with the approved plan of project performance. The project performance is compared within the acceptable guidelines. Project baseline also includes,
- Budget Baseline
- Schedule Baseline
- Scope Baseline
- Quality Baseline
Considering all the aspects of the project baseline, cost control is carried out throughout the project lifecycle.
What are the processes involved in Cost Control?
Cost is the most critical factor in any organization. The process of estimating, allocating and controlling the cost of the whole project comes in project cost management. The budget is fixed according to the project activities. The costs are estimated during the planning phase and controlled if it exceeds during execution.
Before controlling the cost, the cost management plan is prepared, individual project costs of all the project activities are estimated and overall
Plan Cost Management process
The process of cost management plan includes the policies, procedures, and guidelines to plan, manage, and control the project costs. It also includes documenting the costs throughout the project. The cost management plan is done according to the project activities, schedule, resources, and requirements.
Estimate Costs process
This process includes estimating all the monetary resources included in the project activities to achieve the target on scheduled time. The costs are estimated based on the resource requirements. The main objective of this process is to determine the overall cost required to complete the process.
Determine Budget process
The process of combining the cost of all the project activities to establish the formal cost baseline of the overall project. This process helps in project cost flow, risk management. Cost baseline helps in monitoring and controlling the cost of individual activities.
Control Costs process
The process of monitoring and controlling the cost of individual project activities during execution is called a control cost process. The costs are controlled and brought to the cost baseline if it exceeds. The document of cost update is maintained throughout the project.
What are the tools and techniques used for Control Costs?
The following are some of the cost control techniques used:
- Project Budget Planning: Planning a proper budget by setting the cost for all the project activities is one of the techniques used throughout the project lifecycle. The project budget is created with a lot of research and critical thinking
- Keeping track: Monitoring the expenditures effectively during the execution of project activity is highly essential in order to control cost. If anything new comes up, the project activity is proposed as “change requests”
- Effective Time Management: Time management is the most essential and effective technique used for cost control. If the project activity goes according to schedule the scope of exceeding the cost is less.
- Change control: The technique to minimize the changes in order to avoid the excess cost.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
What is Project Schedule and Cost Control in Project Management?
The project is considered successful when it is delivered on time and within budget. Project cost and project schedule are the two main critical and uncertain aspects of the project lifecycle. Forecasting cost and schedule both are quite challenging. Project managers play a vital role in the completion of the project with respect to all the processes of project management aligned with Schedule, Cost, Scope, Quality, Resources, Risks, Changes, Stakeholders by,
- Keeping projects on track
- Setting time frame
- Assigning resources and allocating time
- Monitoring and controlling cost
- Reduce errors
- Conflict Management
- Reducing errors
- Keeping a record of all the project activities
Successful completion of the project highly depends on effective and efficient Project Schedule and Cost Control. Project Managers hold the responsibility of deciding the resources and getting the project task done within the allocated budget and time.
What is Project Schedule?
The project schedule is a documented framework of the project’s milestones, project activities, deliverables, and timeframe that is highly efficient for any project. The project schedule can be related to the Work Breakdown Structure (WBS). It gives an overview of the overall project’s timeframe. The project schedule is nothing but giving the project a reliable timeframe. Project Schedule helps in tracking the project in all the 5 phases of project management.
There are many tools to develop a project schedule. Gantt Charts are used for small projects and network analysis can be used for large projects.
What are the inputs required to prepare the Project Schedule?
The requirements to create a project schedule is as follows:
- Scope of the project: Detailed description of the scope is required to decide the start and end date, know the limitations and set the project milestones to meet the stakeholder’s expectations.
- Resource availability: Before assigning the resource it is very important to know the resource availability. This will be helpful to know if there are any other constraints.
- Working calendars: List of holidays, working shifts, working days, employee holidays are required to create a project schedule.
- Project risks: Risk assessment is carried out to make sure there is enough time to deal with the identified risks or make alternate plans.
How to develop a Project Schedule?
Project schedule management involves listing the tasks, deliverables, duration, stakeholder assigned, start and end date of the tasks within the project. The main purpose of the project schedule is to know,
- What needs to be done?
- Who will do the task?
- When is the deadline for the project?
- When should the task needs to be finished?
The Project Schedule is the main output of the Develop Schedule process. Defining activities, sequencing activities, estimating the activity durations.
Define Activities
The list of all the project activities to be conducted during the project execution is documented in this process. The exact actions to be taken to achieve the project objective is the main output of this process. In this process, the input, tools and techniques and output is clearly defined.
Sequence Activities
The process of identifying the priorities of the project activities and documenting the same. The sequence of all the project activities is documented in this process. It is one of the most important processes of project management to keep the project flow smoothly.
Estimate Activity Durations
Estimating the activity durations refers to document the time allotted to each project activity. This process helps to set the whole project timeline according to the sequence of project activities.
Develop Schedule
The process of combining all the components of schedule management to the project timeline is the scheduling process. The document is created by analyzing the sequence of project activities and the estimated duration.
What are the tools and techniques to develop a project schedule?
The following are the tools and techniques used to develop a project schedule:
- Schedule network analysis: The graphical representation of all the project activities are listed according to sequence and the duration. Schedule network analysis is generally carried out through Gantt Charts or PERT Charts.
- Critical Path Analysis: The technique used to prioritizing the high-risk task by calculating the critical path in order to complete the project in minimum time. It determines the best possible start and end date of the project.
- Schedule Compression: The technique used to reduce the project duration considering all the constraints. This technique is used only in certain activities. The two methods are used for schedule compression.
- Crashing
- Fast-tracking
There are many other tools and techniques used in project schedule management such as,
- Critical chain method
- Modeling techniques
- Leads and lags
- Resource optimization techniques
What are the softwares used for Scheduling Projects?
The top 10 softwares used for project schedule is listed below:
- monday.com
- Celoxis
- Hive
- ProjectManager.com
- Forecast
- Mavenlink
- Hub Planner
- Microsoft Project Online
- Workfront
- Asana
What Is Cost Control?
The process of monitoring, tracking and controlling according to the actual cost of the project is cost control. The success of the project is not only determined by completion. It is very essential to complete the project within the planned budget. Cost control is a challenging task due to uncertain circumstances that might occur throughout the project life-cycle.
In simple terms, the prevention of exceeding the actual cost is cost control. Cost control helps in an increase in profit and carries out the project in the best economical way.
According to PMBOK® Guide – Sixth Edition, Project cost management is defined as Project cost management includes the processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs so the project can be completed within the approved budget.
What includes in Cost Control?
Cost control generally manages the overall project costs. There are 5 types of project costs in any project. They are,
- Fixed Cost - Any Cost which is fixed throughout the project and does not fluctuate.
- Variable Cost - Any cost which changes in proportion to a product or has a high tendency to variate
- Direct Costs - Costs that are directly linked to the budget of the project.
- Indirect Costs - Costs that are not particularly connected to the project but shared across multiple projects.
- Sunk Cost - Sunk Costs are costs which are already spent, but have failed to generate any business value for the project.
- Total Project Cost: The Total Project Cost (TPC) is calculated by putting together the fixed cost and variable cost and Other Project Costs (OPC). It is important to get the total project cost accurate or close to the accurate figure with minimal tolerance as it would severely impact the project scope and schedule resulting in cost overrun.
The comparison of the cost is done according to the project baseline. Project Baseline is a document with the approved plan of project performance. The project performance is compared within the acceptable guidelines. Project baseline also includes,
- Budget Baseline
- Schedule Baseline
- Scope Baseline
- Quality Baseline
Considering all the aspects of the project baseline, cost control is carried out throughout the project lifecycle.
What are the processes involved in Cost Control?
Cost is the most critical factor in any organization. The process of estimating, allocating and controlling the cost of the whole project comes in project cost management. The budget is fixed according to the project activities. The costs are estimated during the planning phase and controlled if it exceeds during execution.
Before controlling the cost, the cost management plan is prepared, individual project costs of all the project activities are estimated and overall
Plan Cost Management process
The process of cost management plan includes the policies, procedures, and guidelines to plan, manage, and control the project costs. It also includes documenting the costs throughout the project. The cost management plan is done according to the project activities, schedule, resources, and requirements.
Estimate Costs process
This process includes estimating all the monetary resources included in the project activities to achieve the target on scheduled time. The costs are estimated based on the resource requirements. The main objective of this process is to determine the overall cost required to complete the process.
Determine Budget process
The process of combining the cost of all the project activities to establish the formal cost baseline of the overall project. This process helps in project cost flow, risk management. Cost baseline helps in monitoring and controlling the cost of individual activities.
Control Costs process
The process of monitoring and controlling the cost of individual project activities during execution is called a control cost process. The costs are controlled and brought to the cost baseline if it exceeds. The document of cost update is maintained throughout the project.
What are the tools and techniques used for Control Costs?
The following are some of the cost control techniques used:
- Project Budget Planning: Planning a proper budget by setting the cost for all the project activities is one of the techniques used throughout the project lifecycle. The project budget is created with a lot of research and critical thinking
- Keeping track: Monitoring the expenditures effectively during the execution of project activity is highly essential in order to control cost. If anything new comes up, the project activity is proposed as “change requests”
- Effective Time Management: Time management is the most essential and effective technique used for cost control. If the project activity goes according to schedule the scope of exceeding the cost is less.
- Change control: The technique to minimize the changes in order to avoid the excess cost.
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Top 20 Project Manager Interview Questions and Answers
:
Here is a list of 20 Project Manager Interview Questions compiled from project management concepts and personal experience in managing projects. The project management techniques don’t change from person to person but each project manager will have their own approach. The answers presented in this blog are more from an individual’s perspective in the role of a project manager more from personal experience.
Your opinion or assessment of the same scenario might be different and we would like to to know about your insights and impression. So do leave a comment on this page after reading this blog.
1. Why do we need Project Integration Management?
In many matrix organization project managers are part of the function of Project/Program Management vertical and each function falls under different verticals. Hence Project Manager may not have the complete authority to handle different functions. In this scenario, the Project Manager brings complete clarity on the scope of each function, the sequence of interdependency between functions, expected timeline for each function with a complete resource plan as part of the Project Integration Management plan.
2. What is RAID in project management?
RAID is an acronym for Risks, Assumptions, Issues, and Dependencies. The Project Manager must be always aware of the risks in the action taken, and hence should be careful to execute those actions with minimal risks or risks that can be mitigated and eliminated. Assumptions about the estimates or actions should be clear, if not they will backfire. Issues and dependencies have their own bearing on the actions and tend to limit. Hence it becomes crucial for the project manager to be aware of RAID and its impact on the project’s outcome.
3. What are the 3 challenges you have faced as a Project Manager?
Planning for future Projects:
To prepare the project plan or charter for the project which commences a year later is a big challenge in this dynamic era as there could be multiple unforeseen things that could happen in the lag time. Hence project manager should conduct detailed risk analysis regularly and review/revisit the project plan even before the commencement of the project. The Project Manager should list down all the unknows risks and known assumptions, dependencies, issues with required mitigation action items that need to be reviewed regularly.
Complex Scope with multiple dependencies:
Complexity is measured by the degree of uncertainty. Unknowns are a bigger risk for any project delivery as in most case unknows stays as unknowns until it occurs. Due to this uncertainty, the project manager is unable to come up with an apt plan. By the time unknowns becomes known, the project team will be able to decide based on risk management in absorbing the impact without affecting the final delivery plan.
Difficult Stakeholders:
Project Management is all about communication which is the most crucial part of the Project Manager. Handling people requires different skills/art than handling resources with no emotions. Studying/understanding the stakeholder, their role and their decision-making power in the project will be critical in the success of the project. Unless enough attention is paid to understanding our key stakeholders, the Project Manager may end up spending more time on communication.
4. Why do we need a schedule plan?
Schedule Plan is the critical artifact in the project management which is used to track, monitor and control the project. Without the schedule plan, one will not be able to visualize which tasks are on the way and which one to be completed on what sequence. One can represent schedule plan in multiple ways and there are many tools available to represent the same
1. Simple excel
Tasks
Effort Required
Start Date
End Date
Critical path
Milestone
Task #1
5 Days
Day 1
Day 5
Yes
Task #2
5 Days
Day 6
Day 10
Yes
Task #3
5 Days
Day 11
Day 15
Yes
Day 16
Task #4
5 Days
Day 6
Day 10
No
Task #5
5 Days
Day 16
Day 20
Yes
2. Gantt Chart
3. Network diagram
5. What are the benefits of Risk Management?
Risk Management is required to take control of project deliveries proactively. With efficient risk management, one can identify the project's strengths, weaknesses, threats, and opportunities. As we pre-empt all these in advance that helps to respond better if they arise.
Risk Management involves 4 activities.
1. Risk Identification
The first step in risk management is identifying the risks. Risks can be from any source eg. Natural disasters, Unexpected events, Unknowns in the projects, Complex nature of the project, Market dynamics, Economic changes, etc. All identified risks are to be documented for further reviews (Risk Register).
There are multiple techniques to identify risks.
- Brainstorming
- Delphi technique
- Root Cause Analysis
- SWOT
- Assumption Analysis
2. Risk Assessment
All identified risks are to be assessed thoroughly to assess the probability of occurrence, possible impact on a project with respect to objective, cost, schedule, and quality.
3. Risk Control
Based on the analysis that was done on all identified risks, mitigation plans to be defined with the right owner for the same. The objective of the action plan is to reduce the impact, shift the impact/risk or resolve/nullify the risk.
4. Risk Review
And all these 4 activities are reoccurring and based on the nature of the project the duration can be planned how often these activities to be repeated.
6. How do you decide which project is a priority when you handled multiple projects in parallel?
Decision making is another key critical skill which is required for Project Manager especially when a different project is from different project sponsor or customers. Every project's primary goals and objectives could vary from one another so as the nature of the contract.
Prioritization based on urgency and Importance
There could be one or two fixed factors of the project which might be Schedule, Time/Cost or defined Scope while the other be variable. Hence during the prioritization that factors the decision making.
7. What will be your leadership style?
Naturally, everyone inherits the leadership style of one or more from the below
- Autocratic Leadership
- Strategic Leadership
- Coaching Leadership
- Democratic Leadership
- Charismatic Leadership
- Transformational Leadership
Mostly no one will exhibit the same style of leadership all the time as we can’t say one type of leadership style will work all types of management. One may need to adopt different styles or a mix of styles based on the nature of the project and the stakeholders. There are only a few types mentioned above however there could be more.
8. How would you handle a difficult stakeholder involved in your project?
Identify the stakeholders – the primary stakeholders who will define the success of the project. Based on that I will allocate time to spend with them, meaning if there are 10 stakeholders it's not possible to spend time with all of them equally. So decide on the key stakeholders. I will come out with my own stakeholder management plan which addresses critical questions like - What are their expectations on the project, to what extent they would like to be involved in the project, how often would they like to meet and receive updates?
Assuming the difficult stakeholder is my key stakeholder who is going to define the success of my project, what are the expectation, how much time can be given to the project or what extent or detail and depth the stakeholder would like to know from me. So know your stakeholder is my first strategy.
Some stakeholders will provide us the space to make our own decisions, while some stakeholders would want them to be kept in the loop and seek approval for each and everything that goes on in the project. To such stakeholders, I will enageg in a detailed meeting to understand their requirements and expectations and level of engagement in the project, and I will follow-up by posting the minutes of the meeting. Whenever I face some changes in the plan or commitment, I ensure to keep them informed.
Those customers that trust me to some extent and they don’t want to be involved at all – their only focus being success or delivery of the project based on timeline and budget and leave the rest to me, I keep it simple and don’t call for a weekly meeting as they do get annoyed. I present the weekly summary or executive summary kind of report once in a week or 2 weeks or even a month depending on the need of the hour. And when there is a difficulty or change in the existing plan, then I will request a call and explain the situation and offer different options: this is the problem statement and this is the solution conceived. So let's decide on the course of action.
9. When do you consider that your project is off track and what will be your steps to ensure that it finishes within the given timeline?
Check first why the project went off track – is it because of external dependency or internal, Issues or unknown risk. Bottomline is to understand what the customer wants to achieve as the project outcome.
At any given point in time, in my management strategy, the project cannot delay by a week because I am a person who will review my project on a weekly basis. So when I know that the project is pushed for 5 days, the first thing I will check is – can the 5 days be absorbed in the remaining timeline. This is my first option.
In case, it cannot be absorbed or it will be a risk to absorb, the next option will be to deploy additional people provided we have additional fund – buffer budget.
The third option is to carefully examine if there are non-critical things that can be descoped. I will review the remaining scope with the customer clearly stating that the project is off the track, and with the time left what are the critical things that can be identified and taken up for completion and seek their help to prioritize. So reprioritizing the remaining items, I will ensure the critical things are taken care of.
In case there is no buffer budget, then another strategy is to convert to smarter tasks, let us say 10 tasks are remaining. I will convert it into 7 smart tasks – to come out with a better solution based on my experience because the project plan was derived at the beginning of the project, and assuming if we are half-way through the project, our experience will be much better in the project given the time spent. So we will review the remaining action items or tasks to check if the tasks can be redefined or redesigned in such manner the effort can be reduced.
10. How will you manage the team members who are not working to their full potential?
Not all the resources are the same in terms of potential. The output determines productivity. The resources that deliver consistently within the given timeline are high achievers and utilize the full potential. And this takes time to study the team members’ competence and capabilities and accordingly work will be assigned, and those team members who don’t work to the full potential will be informed through appropriate channels about performance or the lack of and counseled to step up. identify those resources. If the person is continuously struggling to complete a day’s work, I will monitor for 1 week and for the next 2 weeks reduce the workload, and also help them to train on the areas of the sphere of work that the person is struggling. Is it lack of skills or lack of understanding of scope or needs some tools to execute the work effectively or some problem in the infrastructure, I will review and rectify whatever and wherever necessary. So it's trying to understand the team members’ problems and addressing with proper solutions. Either I can propose or provide them the opportunity to explain their pain points and together arrive at a solution.
11. Which communication style do you prefer using in your projects?
The meeting is my first mode of communication of everything. Any type of stakeholder I prefer face to face meetings and then document and send as minutes by mail. I don’t want to take any decisions through mail or made over a mail. We must involve all the stakeholders for decision making in the meeting, try to understand why the decision has to be taken and the various options available before making the decision. Everyone involved should know the rationale behind the decision and then communicate by email to the entire team to be of aware of the decision made and its consequences
12. What will you do if any of the customers are not happy with the quality or results of the product by the end of the project?
The specification is never clear at the start and any project is evolutionary in nature. Is there a problem in the quality or has the customer’s expectation has changed over a period of time. In case the quality that was agreed and delivered at the end doesn’t match, then I will do the gap analysis, explain to the customer my approach. The first thing I will check is how to reduce the impact because of the quality issue. For example, some features may not function as desired, which I will disable as a temporary fix till a solution can be worked upon. Then assure the customer about the recovery from the situation and I will come out with a recovery plan for it.
13. What were the communication challenges on your last project?
If there are ten different stakeholders, and a meeting is scheduled – let's say for some key decisions, not all the ten will attend. The decision might be made by those present in the meeting. The one who missed might have their strong opinion on the matter. The challenge is to align all the stakeholders to keep them on the same page.
The other challenge is that different people prefer different modes of communication. Some wish to know and be updated about all the information. Some prefer the summary.
Different geographical locations, the context which explained will not be understood as intended due to cultural conflicts. The message tends to get distorted and even misleading. What's acceptable to us may not acceptable to the other end due to cultural incompatibility where a yes may not be perceived as ‘yes’. Let's say, I am a techno-functional background project manager and the person at the other end might be operational, the context and terminology I use may not be understood by the operational manager. It can be my limitation or the other person’s but it is certainly a limitation. So I don’t make any assumption when the customer or others involved in the meeting say. So I always ensure if I have understood correctly by reiterating to clear the doubt and get clarity. This is more so the case with a new customer – geographical location, and it takes time to understand their culture and communication method.
14. How have you handled disgruntled employees?
It is important to understand why the employee is disengaged. Is there anything assigned that is not aligned with core interest? Or personal career aspiration. If that’s the case I will try to sync it up and consider moving to other teams where the employee’s expertise can be utilized to the fullest. Or I will put the employee in some technical training or close gap identified in the employee’s core competency, or lack of knowledge because of which the employee is disengaged. Or if there is any conflict within the team being the reason for the employee’s disconnect, I will try to understand and resolve by engaging more and restore normalcy.
15. What is your delegation style?
Delegation depends upon the situation. Normally I communicate whats that we want to achieve and let the team decide based on their passion and prowess., skills and competency I will let them choose what they want and how they want to do. So, overall the big picture will be explained clearly which part who will do and how it will be done will be left to my team to drive. We have capable project leaders and team leaders who know their team and skill-matrix, and there is always higher accountability when you let them choose than thrust on them.
16. What’s your leadership style?
I prefer transformational leadership. Again, in leadership style, there is no hard and fast rule. There are three styles I wish to identify and follow them on the merit of the situation and people with whom I have to work. With youngsters, I may have to do a lot of coaching and handholding hence the leadership style would be mentoring or coaching style. When I have to deal with an experienced crew like managers then I guide them but leave the floor open for them to make their move. I don’t like to drive them or dictate. Sometimes, the strategic style also works fine. Sometimes I apply coaching style, sometimes strategic but mostly it's transformational.
17. How do you go about managing the performance of your team?
I always have a clear objective with measurement criteria. I will define the criteria which makes everyone to assess themselves rather than me assessing them. I will define the objectives and measurement criteria clearly. And also the timeline to achieve. Its always time-bound objectives.
18. Can you give me a few examples of a time when you made a tough decision, and it backfired?
Yes. There was one incident when the customer asked to include “additional scope” which was not agreed upon scope while drawing the contract. My commercial team and the top brass did not want me to take up further work. The customer put me under a lot of pressure that I had to agree because I know that additional scope is critical and will impact the customer. It has to be delivered. I know I can reject the change request still I accepted because it's very critical for the customer which I understood from the business case. Then I agreed to deliver. Part of my delivery team was not happy because they thought I had overruled and committed. They were totally unhappy with my move. The sales team was pleased because I made their customer happy but the internal stakeholders or my team wasn’t keen about engaging more – which is actually scope creep as this would set a bad precedent and the customer might come again with some other change request. Finally, I had to request the heads of all departments concerned to be considerate and cooperate in making the project live. Because it was a short duration I had to deliver and the team was under a lot of pressure and during production.
We had to secure the approval from multiple teams and at that time it became more visible that this was out of scope and as extra work was done for the customer at the same cost and I didn’t receive any support. I really struggled a lot to pacify all the team heads concerned to be considerate and cooperate in making the project live.
19. Describe two areas in your current project, where there is a high level of uncertainty. How do you tackle these uncertainties?
I like to work with uncertainties, the reason being uncertainty is a big challenge.
For any customer, it is critical for them to go live on a particular date. So based on that “go-live” date, we work backward so that the customer is also working along with us and the engagement with the customer is good to deliver the project on time
#1 uncertainty: In the current deliveries, we don’t know when the customer will do the UAT. The customer will never commit the timeline by when they will perform UAT. But we are bound to give the complete project plan or delivery plan. We knew for sure that the customer will not be committed. So every time, we kept that as an assumption as to when the customers will do the UAT at a certain point in time in the plan. When the UAT phase is close by, the customer will provide a list of their UAT testers to us to provide the platform, access, and other necessary controls to conduct UAT. This itself is a challenge and then secure their time to get the UAT done is another.
#2 uncertainty: the scope will not be clear. The customer can never provide the requirement completely. During the initiation phase, the customer would have communicated the basic requirements that are usually light and positive flow scenarios. But as the project progresses, we will come to know multiple operational scenarios. We come up with a plan factoring that only 50% of the scope is certain. With that assumption only, we start the project. We know for sure that at least 30% of scope will get added – additional scope. So we anticipate the customer is going to come up with an additional 3 or 4 use cases, or we interview the customer to preempt the flow.
20. How did your last project end?
Overall it was good. I could have done better provided I had some background about customer, profile, and history. I had to learn about my stakeholders all along the way. If I have to redo this kind of project, I will understand my stakeholders and business first before I get into any meeting. That’s the lesson learned; to get to know your customers and business well before engaging with any time of communication with them.
Also, I should have helped in the scope definition better because the scope was getting defined all along the way. Though it was our flagship project and despite knowing the cutover date, the scope still wasn’t clear till the delivery phase. The customer couldn’t get the scope right because of their own difficulties and I could have helped them to define their scope by knowing them better.
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Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
Here is a list of 20 Project Manager Interview Questions compiled from project management concepts and personal experience in managing projects. The project management techniques don’t change from person to person but each project manager will have their own approach. The answers presented in this blog are more from an individual’s perspective in the role of a project manager more from personal experience.
Your opinion or assessment of the same scenario might be different and we would like to to know about your insights and impression. So do leave a comment on this page after reading this blog.
1. Why do we need Project Integration Management?
In many matrix organization project managers are part of the function of Project/Program Management vertical and each function falls under different verticals. Hence Project Manager may not have the complete authority to handle different functions. In this scenario, the Project Manager brings complete clarity on the scope of each function, the sequence of interdependency between functions, expected timeline for each function with a complete resource plan as part of the Project Integration Management plan.
2. What is RAID in project management?
RAID is an acronym for Risks, Assumptions, Issues, and Dependencies. The Project Manager must be always aware of the risks in the action taken, and hence should be careful to execute those actions with minimal risks or risks that can be mitigated and eliminated. Assumptions about the estimates or actions should be clear, if not they will backfire. Issues and dependencies have their own bearing on the actions and tend to limit. Hence it becomes crucial for the project manager to be aware of RAID and its impact on the project’s outcome.
3. What are the 3 challenges you have faced as a Project Manager?
Planning for future Projects:
To prepare the project plan or charter for the project which commences a year later is a big challenge in this dynamic era as there could be multiple unforeseen things that could happen in the lag time. Hence project manager should conduct detailed risk analysis regularly and review/revisit the project plan even before the commencement of the project. The Project Manager should list down all the unknows risks and known assumptions, dependencies, issues with required mitigation action items that need to be reviewed regularly.
Complex Scope with multiple dependencies:
Complexity is measured by the degree of uncertainty. Unknowns are a bigger risk for any project delivery as in most case unknows stays as unknowns until it occurs. Due to this uncertainty, the project manager is unable to come up with an apt plan. By the time unknowns becomes known, the project team will be able to decide based on risk management in absorbing the impact without affecting the final delivery plan.
Difficult Stakeholders:
Project Management is all about communication which is the most crucial part of the Project Manager. Handling people requires different skills/art than handling resources with no emotions. Studying/understanding the stakeholder, their role and their decision-making power in the project will be critical in the success of the project. Unless enough attention is paid to understanding our key stakeholders, the Project Manager may end up spending more time on communication.
4. Why do we need a schedule plan?
Schedule Plan is the critical artifact in the project management which is used to track, monitor and control the project. Without the schedule plan, one will not be able to visualize which tasks are on the way and which one to be completed on what sequence. One can represent schedule plan in multiple ways and there are many tools available to represent the same
1. Simple excel
Tasks |
Effort Required |
Start Date |
End Date |
Critical path |
Milestone |
Task #1 |
5 Days |
Day 1 |
Day 5 |
Yes |
|
Task #2 |
5 Days |
Day 6 |
Day 10 |
Yes |
|
Task #3 |
5 Days |
Day 11 |
Day 15 |
Yes |
Day 16 |
Task #4 |
5 Days |
Day 6 |
Day 10 |
No |
|
Task #5 |
5 Days |
Day 16 |
Day 20 |
Yes |
|
2. Gantt Chart
3. Network diagram
5. What are the benefits of Risk Management?
Risk Management is required to take control of project deliveries proactively. With efficient risk management, one can identify the project's strengths, weaknesses, threats, and opportunities. As we pre-empt all these in advance that helps to respond better if they arise.
Risk Management involves 4 activities.
1. Risk Identification
The first step in risk management is identifying the risks. Risks can be from any source eg. Natural disasters, Unexpected events, Unknowns in the projects, Complex nature of the project, Market dynamics, Economic changes, etc. All identified risks are to be documented for further reviews (Risk Register).
There are multiple techniques to identify risks.
- Brainstorming
- Delphi technique
- Root Cause Analysis
- SWOT
- Assumption Analysis
2. Risk Assessment
All identified risks are to be assessed thoroughly to assess the probability of occurrence, possible impact on a project with respect to objective, cost, schedule, and quality.
3. Risk Control
Based on the analysis that was done on all identified risks, mitigation plans to be defined with the right owner for the same. The objective of the action plan is to reduce the impact, shift the impact/risk or resolve/nullify the risk.
4. Risk Review
And all these 4 activities are reoccurring and based on the nature of the project the duration can be planned how often these activities to be repeated.
6. How do you decide which project is a priority when you handled multiple projects in parallel?
Decision making is another key critical skill which is required for Project Manager especially when a different project is from different project sponsor or customers. Every project's primary goals and objectives could vary from one another so as the nature of the contract.
Prioritization based on urgency and Importance
There could be one or two fixed factors of the project which might be Schedule, Time/Cost or defined Scope while the other be variable. Hence during the prioritization that factors the decision making.
7. What will be your leadership style?
Naturally, everyone inherits the leadership style of one or more from the below
- Autocratic Leadership
- Strategic Leadership
- Coaching Leadership
- Democratic Leadership
- Charismatic Leadership
- Transformational Leadership
Mostly no one will exhibit the same style of leadership all the time as we can’t say one type of leadership style will work all types of management. One may need to adopt different styles or a mix of styles based on the nature of the project and the stakeholders. There are only a few types mentioned above however there could be more.
8. How would you handle a difficult stakeholder involved in your project?
Identify the stakeholders – the primary stakeholders who will define the success of the project. Based on that I will allocate time to spend with them, meaning if there are 10 stakeholders it's not possible to spend time with all of them equally. So decide on the key stakeholders. I will come out with my own stakeholder management plan which addresses critical questions like - What are their expectations on the project, to what extent they would like to be involved in the project, how often would they like to meet and receive updates?
Assuming the difficult stakeholder is my key stakeholder who is going to define the success of my project, what are the expectation, how much time can be given to the project or what extent or detail and depth the stakeholder would like to know from me. So know your stakeholder is my first strategy.
Some stakeholders will provide us the space to make our own decisions, while some stakeholders would want them to be kept in the loop and seek approval for each and everything that goes on in the project. To such stakeholders, I will enageg in a detailed meeting to understand their requirements and expectations and level of engagement in the project, and I will follow-up by posting the minutes of the meeting. Whenever I face some changes in the plan or commitment, I ensure to keep them informed.
Those customers that trust me to some extent and they don’t want to be involved at all – their only focus being success or delivery of the project based on timeline and budget and leave the rest to me, I keep it simple and don’t call for a weekly meeting as they do get annoyed. I present the weekly summary or executive summary kind of report once in a week or 2 weeks or even a month depending on the need of the hour. And when there is a difficulty or change in the existing plan, then I will request a call and explain the situation and offer different options: this is the problem statement and this is the solution conceived. So let's decide on the course of action.
9. When do you consider that your project is off track and what will be your steps to ensure that it finishes within the given timeline?
Check first why the project went off track – is it because of external dependency or internal, Issues or unknown risk. Bottomline is to understand what the customer wants to achieve as the project outcome.
At any given point in time, in my management strategy, the project cannot delay by a week because I am a person who will review my project on a weekly basis. So when I know that the project is pushed for 5 days, the first thing I will check is – can the 5 days be absorbed in the remaining timeline. This is my first option.
In case, it cannot be absorbed or it will be a risk to absorb, the next option will be to deploy additional people provided we have additional fund – buffer budget.
The third option is to carefully examine if there are non-critical things that can be descoped. I will review the remaining scope with the customer clearly stating that the project is off the track, and with the time left what are the critical things that can be identified and taken up for completion and seek their help to prioritize. So reprioritizing the remaining items, I will ensure the critical things are taken care of.
In case there is no buffer budget, then another strategy is to convert to smarter tasks, let us say 10 tasks are remaining. I will convert it into 7 smart tasks – to come out with a better solution based on my experience because the project plan was derived at the beginning of the project, and assuming if we are half-way through the project, our experience will be much better in the project given the time spent. So we will review the remaining action items or tasks to check if the tasks can be redefined or redesigned in such manner the effort can be reduced.
10. How will you manage the team members who are not working to their full potential?
Not all the resources are the same in terms of potential. The output determines productivity. The resources that deliver consistently within the given timeline are high achievers and utilize the full potential. And this takes time to study the team members’ competence and capabilities and accordingly work will be assigned, and those team members who don’t work to the full potential will be informed through appropriate channels about performance or the lack of and counseled to step up. identify those resources. If the person is continuously struggling to complete a day’s work, I will monitor for 1 week and for the next 2 weeks reduce the workload, and also help them to train on the areas of the sphere of work that the person is struggling. Is it lack of skills or lack of understanding of scope or needs some tools to execute the work effectively or some problem in the infrastructure, I will review and rectify whatever and wherever necessary. So it's trying to understand the team members’ problems and addressing with proper solutions. Either I can propose or provide them the opportunity to explain their pain points and together arrive at a solution.
11. Which communication style do you prefer using in your projects?
The meeting is my first mode of communication of everything. Any type of stakeholder I prefer face to face meetings and then document and send as minutes by mail. I don’t want to take any decisions through mail or made over a mail. We must involve all the stakeholders for decision making in the meeting, try to understand why the decision has to be taken and the various options available before making the decision. Everyone involved should know the rationale behind the decision and then communicate by email to the entire team to be of aware of the decision made and its consequences
12. What will you do if any of the customers are not happy with the quality or results of the product by the end of the project?
The specification is never clear at the start and any project is evolutionary in nature. Is there a problem in the quality or has the customer’s expectation has changed over a period of time. In case the quality that was agreed and delivered at the end doesn’t match, then I will do the gap analysis, explain to the customer my approach. The first thing I will check is how to reduce the impact because of the quality issue. For example, some features may not function as desired, which I will disable as a temporary fix till a solution can be worked upon. Then assure the customer about the recovery from the situation and I will come out with a recovery plan for it.
13. What were the communication challenges on your last project?
If there are ten different stakeholders, and a meeting is scheduled – let's say for some key decisions, not all the ten will attend. The decision might be made by those present in the meeting. The one who missed might have their strong opinion on the matter. The challenge is to align all the stakeholders to keep them on the same page.
The other challenge is that different people prefer different modes of communication. Some wish to know and be updated about all the information. Some prefer the summary.
Different geographical locations, the context which explained will not be understood as intended due to cultural conflicts. The message tends to get distorted and even misleading. What's acceptable to us may not acceptable to the other end due to cultural incompatibility where a yes may not be perceived as ‘yes’. Let's say, I am a techno-functional background project manager and the person at the other end might be operational, the context and terminology I use may not be understood by the operational manager. It can be my limitation or the other person’s but it is certainly a limitation. So I don’t make any assumption when the customer or others involved in the meeting say. So I always ensure if I have understood correctly by reiterating to clear the doubt and get clarity. This is more so the case with a new customer – geographical location, and it takes time to understand their culture and communication method.
14. How have you handled disgruntled employees?
It is important to understand why the employee is disengaged. Is there anything assigned that is not aligned with core interest? Or personal career aspiration. If that’s the case I will try to sync it up and consider moving to other teams where the employee’s expertise can be utilized to the fullest. Or I will put the employee in some technical training or close gap identified in the employee’s core competency, or lack of knowledge because of which the employee is disengaged. Or if there is any conflict within the team being the reason for the employee’s disconnect, I will try to understand and resolve by engaging more and restore normalcy.
15. What is your delegation style?
Delegation depends upon the situation. Normally I communicate whats that we want to achieve and let the team decide based on their passion and prowess., skills and competency I will let them choose what they want and how they want to do. So, overall the big picture will be explained clearly which part who will do and how it will be done will be left to my team to drive. We have capable project leaders and team leaders who know their team and skill-matrix, and there is always higher accountability when you let them choose than thrust on them.
16. What’s your leadership style?
I prefer transformational leadership. Again, in leadership style, there is no hard and fast rule. There are three styles I wish to identify and follow them on the merit of the situation and people with whom I have to work. With youngsters, I may have to do a lot of coaching and handholding hence the leadership style would be mentoring or coaching style. When I have to deal with an experienced crew like managers then I guide them but leave the floor open for them to make their move. I don’t like to drive them or dictate. Sometimes, the strategic style also works fine. Sometimes I apply coaching style, sometimes strategic but mostly it's transformational.
17. How do you go about managing the performance of your team?
I always have a clear objective with measurement criteria. I will define the criteria which makes everyone to assess themselves rather than me assessing them. I will define the objectives and measurement criteria clearly. And also the timeline to achieve. Its always time-bound objectives.
18. Can you give me a few examples of a time when you made a tough decision, and it backfired?
Yes. There was one incident when the customer asked to include “additional scope” which was not agreed upon scope while drawing the contract. My commercial team and the top brass did not want me to take up further work. The customer put me under a lot of pressure that I had to agree because I know that additional scope is critical and will impact the customer. It has to be delivered. I know I can reject the change request still I accepted because it's very critical for the customer which I understood from the business case. Then I agreed to deliver. Part of my delivery team was not happy because they thought I had overruled and committed. They were totally unhappy with my move. The sales team was pleased because I made their customer happy but the internal stakeholders or my team wasn’t keen about engaging more – which is actually scope creep as this would set a bad precedent and the customer might come again with some other change request. Finally, I had to request the heads of all departments concerned to be considerate and cooperate in making the project live. Because it was a short duration I had to deliver and the team was under a lot of pressure and during production.
We had to secure the approval from multiple teams and at that time it became more visible that this was out of scope and as extra work was done for the customer at the same cost and I didn’t receive any support. I really struggled a lot to pacify all the team heads concerned to be considerate and cooperate in making the project live.
19. Describe two areas in your current project, where there is a high level of uncertainty. How do you tackle these uncertainties?
I like to work with uncertainties, the reason being uncertainty is a big challenge.
For any customer, it is critical for them to go live on a particular date. So based on that “go-live” date, we work backward so that the customer is also working along with us and the engagement with the customer is good to deliver the project on time
#1 uncertainty: In the current deliveries, we don’t know when the customer will do the UAT. The customer will never commit the timeline by when they will perform UAT. But we are bound to give the complete project plan or delivery plan. We knew for sure that the customer will not be committed. So every time, we kept that as an assumption as to when the customers will do the UAT at a certain point in time in the plan. When the UAT phase is close by, the customer will provide a list of their UAT testers to us to provide the platform, access, and other necessary controls to conduct UAT. This itself is a challenge and then secure their time to get the UAT done is another.
#2 uncertainty: the scope will not be clear. The customer can never provide the requirement completely. During the initiation phase, the customer would have communicated the basic requirements that are usually light and positive flow scenarios. But as the project progresses, we will come to know multiple operational scenarios. We come up with a plan factoring that only 50% of the scope is certain. With that assumption only, we start the project. We know for sure that at least 30% of scope will get added – additional scope. So we anticipate the customer is going to come up with an additional 3 or 4 use cases, or we interview the customer to preempt the flow.
20. How did your last project end?
Overall it was good. I could have done better provided I had some background about customer, profile, and history. I had to learn about my stakeholders all along the way. If I have to redo this kind of project, I will understand my stakeholders and business first before I get into any meeting. That’s the lesson learned; to get to know your customers and business well before engaging with any time of communication with them.
Also, I should have helped in the scope definition better because the scope was getting defined all along the way. Though it was our flagship project and despite knowing the cutover date, the scope still wasn’t clear till the delivery phase. The customer couldn’t get the scope right because of their own difficulties and I could have helped them to define their scope by knowing them better.
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Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
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What are the Benefits of Project Time Management?
:
What are the Benefits of Project Time Management?
What Is Time Management?
Can you get more done in less time?
That’s the challenge in present times when there are always more things to do and time is always at a shortfall.
The process of organizing and dividing the time between activities through an effective plan is called Time Management. Effective Time Management enables smart work to accomplish more work in the given time despite the mounting pressure and tighter deadlines.
Those who are hailed as high achievers are the ones who manage their time exceedingly well to accommodate more in the timeline provided. More often than not being busy is interpreted as being effective but its not the efforts but the results that count. Hence time management is critical to be fiercely competent and productive.
It's poor time management that results in missed deadlines, poor quality of work, higher stress, inefficiency, poor professional reputation stunted career growth and Work and life imbalance.
Proper time management is about managing time efficiently to actually save time. It provides space to be proactive and creative in completing tasks. Strong time-management skills are one of the critical factors in achieving key goals of the organization by providing a clear picture of what needs to be completed within the given timeline boosting productivity.
Why Time Management Is Important?
Good time management ensures more work is accomplished in a shorter time period that frees up more time or bandwidth, which can be leveraged in taking up additional tasks. It opens up opportunities as the additional time can be utilized to the project’s advantage that essentially eases the pressure on the schedule, relaxes the crew, lowers the stress and strengthens the focus – eventually resulting in the successful outcome of the project.
Here are 5 reasons time management is crucial:
1. Time is limited
Divide it in any which ways, but a day has only 24 hours. You cant stretch it any further. So it is important to acknowledge that constraint and plan the day effectively to make the most of the hours through smart work. Innovation and improvisation in getting things done will help to rise through the ranks and effectively manage and utilize limited resources -in this case, time too is a limitation.
2. Accomplish more with less effort
the ability to focus is strengthened through effective control of time. And that enables the ability to focus which bolsters momentum and enhances efficiency. The net result is the completion of the task at a quicker turnaround in time much faster than anticipated.
3. Improved decision-making ability
When hard-pressed for time, the decision-making ability gets impaired as the pressure is piling making it difficult to arrive at an informed decision. Good time management skills eliminate the pressure that stems from the inadequacy of time, calms the mind to be more in control to carefully examine all the options in making the right decision.
4. Become more successful in your career
One of the keys to success is Time management which lets you take control of yourself rather than follow others. When the decisions are sound, the results will get recognized. The people around will notice and frontrunners will approach you for assistance in completing the tasks or activities, that shifts the spotlight on your profile and helps to accelerate your career.
5. Reduce stress
Lack of control of time can lead to complications as the deadlines might be delayed or milestone missed. Effective management of time helps you to take control and negotiate with the constraints and demands on time through proper estimation and completion of the given task within the timeline. This essentially lowers the level of stress as you are in control of the schedule and confident in delivery as planned.
What are the Project Schedule Management Processes?
There are six processes in Project Schedule Management:
- Plan Schedule Management
- Define Activities
- Sequence Activities
- Estimate Activity Durations
- Develop Schedule
- Control Schedule
1. Plan Schedule Management
Plan schedule management is the first process of Schedule Management in which various policies and procedures are established. The information about planning, developing, managing, executing and controlling of the project schedule is documented to minute details. This provides direction to the project manager in managing the project from initiation to final delivery. This process is executed once or predefined points in the entire project management lifecycle.
2. Define Activities
In the Define Activities process, all the actions required to prepare the final deliverables identified and documented. The work packages are broken down into smaller tasks. These smaller tasks act as the baseline for estimation, scheduling, execution, monitor, and control of the overall project work.
3. Sequence Activities
All the relationship among various project activities is identified and documented in Sequence Activities. This process defines the logical sequence of work which helps in gaining maximum efficiency despite the constraints. This process is executed throughout the project lifecycle.
4. Estimate Activity Durations
Estimate Activity Durations estimates the number of work periods needed to complete a single activity documented in the project schedule along with necessary and sufficient resources. The estimated time required to complete the individual activities are calculated in this process. This process is executed throughout the project lifecycle
5. Develop Schedule
In Develop Schedule process the schedule model is created to execute, monitor, manage and control the project. The finer details of the project activities are analyzed in terms of sequence, duration, resource requirement, constraints. Develop Schedule process and produces a model schedule complete with dates of various project activities and is executed throughout the project lifecycle.
6. Control Schedule
The last process of the Project Schedule Management, Control Schedule is executed throughout the project lifecycle. Based on the status of the project, the project schedule is updated in this process and as a result, the changes are incorporated into the schedule baseline. Because of this process, the schedule baseline is maintained throughout the project development.
What are the Benefits Of Time Management?
Proper management of time has its own benefits. Listed are some benefits of Time Management:
1. On-time delivery
To complete work on time, a definite time should be allocated, which will also help to manage the workload. When there are time-boxed tasks, achieving the target on the set timeline is possible through a structured schedule. Managing time effectively results in delivery on time.
2. Better quality of work
Proper utilization of time and effective use of resources, it is possible to deliver work of expected quality and standards. The focus can be shifted to important tasks that are of the highest priority in the list of activities with undivided attention and dedication resulting in improved quality of work.
3. Productivity and efficiency
Effective and efficient time management skills help in completing the tasks adhering to the highest standards m- and it requires proper planning and scheduling. when urgent tasks are taken on priority and identifying those tasks that are unimportant thus balancing the time and sticking to the schedule without slippage increases overall productivity.
4. Much less procrastination
Deferring the work to “sometime later” is not only the worst excuse but proves too costly in consequences as the postponed work will have a cascading effect adversely impacting the progress of the project. Applying good time management is necessary to motivate the employees in closing the tasks and removes the roadblock in the form of procrastination.
5. Less stress and anxiety
Difficult times are always a result f poor time management. When there is excessive work on the schedule, then time estimation has not been properly thought through, which can unnecessarily burden the employee. This inevitably adds to the stress and anxiety given the unreasonable deadlines that lead to depression, hypertension, and other illness.
6. Improved quality of life
Time management skills not only benefit professional life but it helps balances personal life too. The work-life balance is very much possible if the right balance is struck in apportioning time accordingly. Effective time management ensures tasks are on track which in turn provides time to focus on personal needs. This harmony improves the quality of life.
7. More opportunities and career growth
When tasks are completed on time, it becomes noteworthy and good work is always appreciated and complimented. Those who can get the work done consistently with a quicker turnaround in time are ‘achievers’ who are assigned more work. The one who gets work done always gets promotional opportunities at work that help up walk up the ladder.
What are The 4 Ds Of Effective Time Management?
Project managers often struggle with time management due to various reasons – maybe the client wasn’t clear about the specifications or introduction of last-minute changes or resource crunches or it can be anything. Managing time is not easy. One of the most popular productivity strategies for effective time management is known as “four Ds”.
Delete it.
It is very important to identify the task or activity that needs to concentrate. Confirm if that needs your full focus and attention. If it is not worth your time, better to delete it. Pareto principle (80/20 rule) in this context states that people spend 80% of their on activities either unproductive or a total waste.
Delegate it.
Delegation is a great way to save time to spend on critical tasks that are your responsibility. Delegation should not be misunderstood or just assigning tasks to subordinates. Work can be delegated across, upwards or even other departments. It's about the identification of accountability and the right fitment to do the particular task. A project manager doesn’t have to manage financial accounting and hence delegate to an accountant. Delegation doesn’t mean shaking off the responsibility. It’s the fine art of getting work done.
Do it.
If a task is very important and can be done you and there is time left, without deferring, deleting or delegating, then it's better to do it. It avoids postponement or procrastination. It helps to stay focused and not get sidetracked. If it is worth your time, and efforts on that task, then do it and move on.
Defer it.
There are some tasks that can wait. If there is no urgency or if it can be dealt with later, then Defer it. It might not be important during the working day, but still, it is important to get it done. For example, it can be an email that doesn’t need your immediate attention – defer it till you get some free time. Those that do not call for immediate action and can be taken up at a later point in time can be deferred but should be done eventually.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
What are the Benefits of Project Time Management?
What Is Time Management?
Can you get more done in less time?
That’s the challenge in present times when there are always more things to do and time is always at a shortfall.
The process of organizing and dividing the time between activities through an effective plan is called Time Management. Effective Time Management enables smart work to accomplish more work in the given time despite the mounting pressure and tighter deadlines.
Those who are hailed as high achievers are the ones who manage their time exceedingly well to accommodate more in the timeline provided. More often than not being busy is interpreted as being effective but its not the efforts but the results that count. Hence time management is critical to be fiercely competent and productive.
It's poor time management that results in missed deadlines, poor quality of work, higher stress, inefficiency, poor professional reputation stunted career growth and Work and life imbalance.
Proper time management is about managing time efficiently to actually save time. It provides space to be proactive and creative in completing tasks. Strong time-management skills are one of the critical factors in achieving key goals of the organization by providing a clear picture of what needs to be completed within the given timeline boosting productivity.
Why Time Management Is Important?
Good time management ensures more work is accomplished in a shorter time period that frees up more time or bandwidth, which can be leveraged in taking up additional tasks. It opens up opportunities as the additional time can be utilized to the project’s advantage that essentially eases the pressure on the schedule, relaxes the crew, lowers the stress and strengthens the focus – eventually resulting in the successful outcome of the project.
Here are 5 reasons time management is crucial:
1. Time is limited
Divide it in any which ways, but a day has only 24 hours. You cant stretch it any further. So it is important to acknowledge that constraint and plan the day effectively to make the most of the hours through smart work. Innovation and improvisation in getting things done will help to rise through the ranks and effectively manage and utilize limited resources -in this case, time too is a limitation.
2. Accomplish more with less effort
the ability to focus is strengthened through effective control of time. And that enables the ability to focus which bolsters momentum and enhances efficiency. The net result is the completion of the task at a quicker turnaround in time much faster than anticipated.
3. Improved decision-making ability
When hard-pressed for time, the decision-making ability gets impaired as the pressure is piling making it difficult to arrive at an informed decision. Good time management skills eliminate the pressure that stems from the inadequacy of time, calms the mind to be more in control to carefully examine all the options in making the right decision.
4. Become more successful in your career
One of the keys to success is Time management which lets you take control of yourself rather than follow others. When the decisions are sound, the results will get recognized. The people around will notice and frontrunners will approach you for assistance in completing the tasks or activities, that shifts the spotlight on your profile and helps to accelerate your career.
5. Reduce stress
Lack of control of time can lead to complications as the deadlines might be delayed or milestone missed. Effective management of time helps you to take control and negotiate with the constraints and demands on time through proper estimation and completion of the given task within the timeline. This essentially lowers the level of stress as you are in control of the schedule and confident in delivery as planned.
What are the Project Schedule Management Processes?
There are six processes in Project Schedule Management:
- Plan Schedule Management
- Define Activities
- Sequence Activities
- Estimate Activity Durations
- Develop Schedule
- Control Schedule
1. Plan Schedule Management
Plan schedule management is the first process of Schedule Management in which various policies and procedures are established. The information about planning, developing, managing, executing and controlling of the project schedule is documented to minute details. This provides direction to the project manager in managing the project from initiation to final delivery. This process is executed once or predefined points in the entire project management lifecycle.
2. Define Activities
In the Define Activities process, all the actions required to prepare the final deliverables identified and documented. The work packages are broken down into smaller tasks. These smaller tasks act as the baseline for estimation, scheduling, execution, monitor, and control of the overall project work.
3. Sequence Activities
All the relationship among various project activities is identified and documented in Sequence Activities. This process defines the logical sequence of work which helps in gaining maximum efficiency despite the constraints. This process is executed throughout the project lifecycle.
4. Estimate Activity Durations
Estimate Activity Durations estimates the number of work periods needed to complete a single activity documented in the project schedule along with necessary and sufficient resources. The estimated time required to complete the individual activities are calculated in this process. This process is executed throughout the project lifecycle
5. Develop Schedule
In Develop Schedule process the schedule model is created to execute, monitor, manage and control the project. The finer details of the project activities are analyzed in terms of sequence, duration, resource requirement, constraints. Develop Schedule process and produces a model schedule complete with dates of various project activities and is executed throughout the project lifecycle.
6. Control Schedule
The last process of the Project Schedule Management, Control Schedule is executed throughout the project lifecycle. Based on the status of the project, the project schedule is updated in this process and as a result, the changes are incorporated into the schedule baseline. Because of this process, the schedule baseline is maintained throughout the project development.
What are the Benefits Of Time Management?
Proper management of time has its own benefits. Listed are some benefits of Time Management:
1. On-time delivery
To complete work on time, a definite time should be allocated, which will also help to manage the workload. When there are time-boxed tasks, achieving the target on the set timeline is possible through a structured schedule. Managing time effectively results in delivery on time.
2. Better quality of work
Proper utilization of time and effective use of resources, it is possible to deliver work of expected quality and standards. The focus can be shifted to important tasks that are of the highest priority in the list of activities with undivided attention and dedication resulting in improved quality of work.
3. Productivity and efficiency
Effective and efficient time management skills help in completing the tasks adhering to the highest standards m- and it requires proper planning and scheduling. when urgent tasks are taken on priority and identifying those tasks that are unimportant thus balancing the time and sticking to the schedule without slippage increases overall productivity.
4. Much less procrastination
Deferring the work to “sometime later” is not only the worst excuse but proves too costly in consequences as the postponed work will have a cascading effect adversely impacting the progress of the project. Applying good time management is necessary to motivate the employees in closing the tasks and removes the roadblock in the form of procrastination.
5. Less stress and anxiety
Difficult times are always a result f poor time management. When there is excessive work on the schedule, then time estimation has not been properly thought through, which can unnecessarily burden the employee. This inevitably adds to the stress and anxiety given the unreasonable deadlines that lead to depression, hypertension, and other illness.
6. Improved quality of life
Time management skills not only benefit professional life but it helps balances personal life too. The work-life balance is very much possible if the right balance is struck in apportioning time accordingly. Effective time management ensures tasks are on track which in turn provides time to focus on personal needs. This harmony improves the quality of life.
7. More opportunities and career growth
When tasks are completed on time, it becomes noteworthy and good work is always appreciated and complimented. Those who can get the work done consistently with a quicker turnaround in time are ‘achievers’ who are assigned more work. The one who gets work done always gets promotional opportunities at work that help up walk up the ladder.
What are The 4 Ds Of Effective Time Management?
Project managers often struggle with time management due to various reasons – maybe the client wasn’t clear about the specifications or introduction of last-minute changes or resource crunches or it can be anything. Managing time is not easy. One of the most popular productivity strategies for effective time management is known as “four Ds”.
Delete it.
It is very important to identify the task or activity that needs to concentrate. Confirm if that needs your full focus and attention. If it is not worth your time, better to delete it. Pareto principle (80/20 rule) in this context states that people spend 80% of their on activities either unproductive or a total waste.
Delegate it.
Delegation is a great way to save time to spend on critical tasks that are your responsibility. Delegation should not be misunderstood or just assigning tasks to subordinates. Work can be delegated across, upwards or even other departments. It's about the identification of accountability and the right fitment to do the particular task. A project manager doesn’t have to manage financial accounting and hence delegate to an accountant. Delegation doesn’t mean shaking off the responsibility. It’s the fine art of getting work done.
Do it.
If a task is very important and can be done you and there is time left, without deferring, deleting or delegating, then it's better to do it. It avoids postponement or procrastination. It helps to stay focused and not get sidetracked. If it is worth your time, and efforts on that task, then do it and move on.
Defer it.
There are some tasks that can wait. If there is no urgency or if it can be dealt with later, then Defer it. It might not be important during the working day, but still, it is important to get it done. For example, it can be an email that doesn’t need your immediate attention – defer it till you get some free time. Those that do not call for immediate action and can be taken up at a later point in time can be deferred but should be done eventually.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
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iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What is Project Quality Management?
:
What is Project Quality Management?
What is Project Quality?
The measure of how accurate the results are from the project deliverables in order to meet the customer needs and is suitable for its intended purpose is Project Quality. Project quality is nothing but the quality assurance given to the customers through its output.
Project quality can be defined in the following terms:
- Validation: The assurance to meet the satisfactory results.
- Verification: The compliance required to meet project requirements.
- Precision: The condition of being exact.
- Accuracy: The degree or measure of the closeness
- Tolerance: The range of the acceptable results
When the project is initiated, the main aim is to deliver quality deliverables throughout the project life cycle within the constrained budget and schedule.
In simple terms, project quality is “fit for use”.
According to PMBOK-6th edition,
“Quality- The degree to which a set of inherent characteristics fulfill requirements”
What is Project Quality Management?
Project Quality Management is the process or activity that ensures to meet the stakeholder’s expectations through effective and efficient project deliverables. The performance of an organization is measured, monitored and controlled through quality policies, standards, guidelines, and procedures.
Project quality management is performed throughout the project. It aims to maintain the quality through obtaining optimum results from all the project activities performed.
Project quality management is one of the 10 knowledge areas of project management. The process of quality management is in three phases of project management: Planning, execution, and monitoring and controlling.
What are the processes involved in Project Quality Management?
There are three processes involved in Project Quality Management in three phases: planning, execution, and monitoring and controlling.
Plan Quality Management process
Plan Quality Management is the process of identifying the quality requirements and quality standards relevant to the project output. The document of a set of quality standards is prepared for each project activities. The methodology used, the resource assigned, the cost and the time allocated are the major factors affecting quality.
Manage Quality process
Manage Quality is the process of managing all the project activities according to the quality management plan while executing. The main objective of managing the quality process is to integrate all the quality policies in the project activities to maintain the quality plan management.
Control Quality process
Control Quality process is the process of monitoring and controlling the executed project activities according to quality management. The main objective of this process is to ensure the project output is correct, complete and meet the expectations of the customer and the quality plan. This process also includes the documentation of results obtained during the control quality process.
Why Project Quality Management is important?
Project Quality Management is very important in order to avoid defects and re-work. The cost and schedule baseline will be affected due to poor quality management.
The organization’s reputation will be harmed if the quality is not up to the mark.
Project Quality Management is important due to the following reasons:
- Customer satisfaction
- It enhances the understanding between the internal processes
- Identifying and reducing risk at an early stage
- Higher efficiency of project deliverables
- Maintains consistent performance of the resources.
- Chances of getting other projects or references for the same.
What are the characteristics of project quality to be maintained?
The common characteristics of project quality defined by stakeholders are:
- Performance: The act of performing a task or project activity.
- Sustainability: The ability to be maintained at a certain level.
- Functionality: The purpose of the task or activity to be fulfilled
- Suitanbility: The quality of being an appropriate choice to perform a task
- Reliability: The measure of being trust-worthy
- Consistency: The evenness in the performance
- Timeliness: The measure to finish the project task in the allotted time.
- Completeness: The quality of finishing the specified task to meet the project scope.
What are the elements of Project Quality Management?
There are elements of the modern Project Quality Management based on ISO (International Organization for Standardization) quality standards. The five elements are:
Customer Satisfaction
The process of understanding, evaluating, defining and managing the requirements and expectations to meet the customer’s needs. Customer satisfaction is a key measure of project quality management. There are two main requirements to achieve great quality:
- Conformance
- Fit for use
Note: Meeting the agreed customer’s requirement is not the same as meeting the expectations. If the requirements are met and the results are not satisfactory, then the main cause is poor quality management.
Prevention over Inspection
The cost of preventing a mistake is comparatively lesser than correcting a mistake during execution. In quality management, quality is desired quality is achieved by planning but it is not inspected. Mistakes or re-work effects cost, schedule, and scope. In quality management, the Cost of Quality (COQ) is the money spent dealing with the issues related to quality.
The COQ is divided into two categories:
- Cost of conformance: Preventive cost
- Cost of nonconformance: Quality failure cost
The cost of conformance can be document process, training, equipment, and time.
The cost of non-conformance can be time spent on rework or scrap work.
Continuous Improvement
Continuous improvement is the on-going effort to improve product quality and services. It can be carried out through Six Sigma or Total Quality Management (TQM). TQM is the key concept of continuous improvement.
The continuous improvement can be done by analyzing the issues faced during the lesson learned after finishing the project activity and which can be used for future projects.
The main aim of continuous improvement is to avoid repeating the same mistakes.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
What is Project Quality Management?
What is Project Quality?
The measure of how accurate the results are from the project deliverables in order to meet the customer needs and is suitable for its intended purpose is Project Quality. Project quality is nothing but the quality assurance given to the customers through its output.
Project quality can be defined in the following terms:
- Validation: The assurance to meet the satisfactory results.
- Verification: The compliance required to meet project requirements.
- Precision: The condition of being exact.
- Accuracy: The degree or measure of the closeness
- Tolerance: The range of the acceptable results
When the project is initiated, the main aim is to deliver quality deliverables throughout the project life cycle within the constrained budget and schedule.
In simple terms, project quality is “fit for use”.
According to PMBOK-6th edition,
“Quality- The degree to which a set of inherent characteristics fulfill requirements”
What is Project Quality Management?
Project Quality Management is the process or activity that ensures to meet the stakeholder’s expectations through effective and efficient project deliverables. The performance of an organization is measured, monitored and controlled through quality policies, standards, guidelines, and procedures.
Project quality management is performed throughout the project. It aims to maintain the quality through obtaining optimum results from all the project activities performed.
Project quality management is one of the 10 knowledge areas of project management. The process of quality management is in three phases of project management: Planning, execution, and monitoring and controlling.
What are the processes involved in Project Quality Management?
There are three processes involved in Project Quality Management in three phases: planning, execution, and monitoring and controlling.
Plan Quality Management process
Plan Quality Management is the process of identifying the quality requirements and quality standards relevant to the project output. The document of a set of quality standards is prepared for each project activities. The methodology used, the resource assigned, the cost and the time allocated are the major factors affecting quality.
Manage Quality process
Manage Quality is the process of managing all the project activities according to the quality management plan while executing. The main objective of managing the quality process is to integrate all the quality policies in the project activities to maintain the quality plan management.
Control Quality process
Control Quality process is the process of monitoring and controlling the executed project activities according to quality management. The main objective of this process is to ensure the project output is correct, complete and meet the expectations of the customer and the quality plan. This process also includes the documentation of results obtained during the control quality process.
Why Project Quality Management is important?
Project Quality Management is very important in order to avoid defects and re-work. The cost and schedule baseline will be affected due to poor quality management.
The organization’s reputation will be harmed if the quality is not up to the mark.
Project Quality Management is important due to the following reasons:
- Customer satisfaction
- It enhances the understanding between the internal processes
- Identifying and reducing risk at an early stage
- Higher efficiency of project deliverables
- Maintains consistent performance of the resources.
- Chances of getting other projects or references for the same.
What are the characteristics of project quality to be maintained?
The common characteristics of project quality defined by stakeholders are:
- Performance: The act of performing a task or project activity.
- Sustainability: The ability to be maintained at a certain level.
- Functionality: The purpose of the task or activity to be fulfilled
- Suitanbility: The quality of being an appropriate choice to perform a task
- Reliability: The measure of being trust-worthy
- Consistency: The evenness in the performance
- Timeliness: The measure to finish the project task in the allotted time.
- Completeness: The quality of finishing the specified task to meet the project scope.
What are the elements of Project Quality Management?
There are elements of the modern Project Quality Management based on ISO (International Organization for Standardization) quality standards. The five elements are:
Customer Satisfaction
The process of understanding, evaluating, defining and managing the requirements and expectations to meet the customer’s needs. Customer satisfaction is a key measure of project quality management. There are two main requirements to achieve great quality:
- Conformance
- Fit for use
Note: Meeting the agreed customer’s requirement is not the same as meeting the expectations. If the requirements are met and the results are not satisfactory, then the main cause is poor quality management.
Prevention over Inspection
The cost of preventing a mistake is comparatively lesser than correcting a mistake during execution. In quality management, quality is desired quality is achieved by planning but it is not inspected. Mistakes or re-work effects cost, schedule, and scope. In quality management, the Cost of Quality (COQ) is the money spent dealing with the issues related to quality.
The COQ is divided into two categories:
- Cost of conformance: Preventive cost
- Cost of nonconformance: Quality failure cost
The cost of conformance can be document process, training, equipment, and time.
The cost of non-conformance can be time spent on rework or scrap work.
Continuous Improvement
Continuous improvement is the on-going effort to improve product quality and services. It can be carried out through Six Sigma or Total Quality Management (TQM). TQM is the key concept of continuous improvement.
The continuous improvement can be done by analyzing the issues faced during the lesson learned after finishing the project activity and which can be used for future projects.
The main aim of continuous improvement is to avoid repeating the same mistakes.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What is Project Integration Management?
:
What is Project Integration Management?
What is Project Integration?
Integration is the act of combining or consolidating all the processes together. In simple words, it is the process of adding small-small parts to make it whole. In project management, Integration is evaluating and making trade-offs among stakeholders, overlapping processes, or competing activities to successfully reach the goal. Trade off’s means, you can’t have everything to finish the project on time and within budget. Alternatives are found out to meet the stakeholder’s expectations if there are competing project activities.
What is Project Integration Management?
Project Integration Management is the coordination of resources, stakeholders, and other project elements that ensures to execute the project end to end successfully. In simple words, project integration management is a way of making all the project elements and processes work together in order to run the project smoothly. This involves identifying, defining, unifying, combining and coordinating all the activities and processes.
PMBOK-6th edition defines Project Integration Management as,
“ Project Integration Management includes the processes and activities to identify, define, combine, unify, and coordinate the various processes and project management activities within the Project Management Process Groups.”
Project Integration Management is one of the 10 knowledge areas of project management. Integration management involves managing the remaining knowledge areas such as:
- Schedule
- Cost
- Scope
- Quality
- Resources
- Risks
- Changes
- Stakeholders
Project integration management occurs throughout the project lifecycle in all the 5 phases of the project management.
- Initiating
- Planning
- Executing
- Monitoring and controlling
- Closing
Why Project Integration Management is important?
Project management is a complex process. In large scale projects, keeping track of everything that can cause project failure is difficult. The project might be carried out by different departments and in different locations. The collaboration between departments can be difficult and can slow down the project. The key role of the project manager is to incorporate or consolidating all the activities and processes. Project integration management is the ultimate responsibility of project managers.
The primary role of the project manager is project integration. Project Managers are the bridge between top management and project delivery team as they make sure the scope of the project is clear, monitors and reports regularly on the progress of the project that is in line with the defined cost, schedule, and quality.
Project integration management aims to interconnect all the processes and activities with respect to time, scope, cost, quality, human resource, communication, risk, procurement, and stakeholder.
What are the advantages of Project Integration Management?
Project Integration Management is the most important aspect of any project. The success or failure of the project highly depends on Project Integration. The main advantages of project integration management are:
- Provides coordination and synchronization
- The organization will be able to run the project smoothly.
- Officially closes the project activities and phases.
- Measures and monitors the project’s progress
- Manages and controls the performance and the changes
- The decision making is clearer.
- Collects information on the results and convey them to stakeholders.
What are the processes involved in Project Integration Management?
There are seven project processes involved in project integration management that runs throughout the project life-cycle in all the phases. The coordination between the resources, stakeholders, and other project elements that ensure to execute the project end to end successfully is Project Integration Management. It is very important because project success highly depends on integration management in terms of schedule, cost, quality, scope, risks, etc. The seven processes are:
1. Develop Project Charter process:
The develop project charter process is a document that is prepared in the initiation phase to formally authorize the existence of the project. In this process, the document is prepared and given to the authoritative project manager to use the resources required for the project.
The project charter is a key element that describes the whole project in brief. The project charter generally includes the objective of the project, stakeholders, requirements, high-level assumptions and constraints, etc.
2. Develop Project Management Plan process:
The process of combining all the project plans and sub-plans into a single integrated plan. It is one of the most crucial processes of project management. Project success is dependent on the project management plan. The authoritative head to plan project management is the project manager.
This document is approved and signed by authorized stakeholders.
3. Direct and Manage Project Work process
In this process, the project work activities are directed and managed while executing. This refers to the term “leading and controlling” the assigned project activities. The key outputs of this process are final deliverables and change requests for the project work.
4. Manage Project Knowledge process
The main objective of this process is to improve the project process using existing knowledge and creating new knowledge. The knowledge created is used for further processes and future projects. The continuing knowledge gain and utilizing the existing knowledge is the main objective of the project.
5. Monitor and Control Project Work process
Monitoring and controlling project work refers to continuous tracking, reviewing and reporting the project progress status to achieve the required target of the project work activities.
The performances of each assigned resource are monitored and controlled. The document is prepared regarding the issue and the improvement possible.
6. Perform Integrated Change Control process
The perform integrated change control process includes reviewing all the change requests and managing them effectively from all the working departments. The document is prepared for approval of any change requests.
The change requests are approved when there is not much impact on scope, time and cost of the project. The change requests can be project deliverables, project plans or project assets.
7. Close Project or Phase process
This process refers to closing the project activities by finalizing all the deliverables of project activities and the documents related to closing the project or phase is prepared by the project manager. In this process, the resources are released to work for other projects.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
What is Project Integration Management?
What is Project Integration?
Integration is the act of combining or consolidating all the processes together. In simple words, it is the process of adding small-small parts to make it whole. In project management, Integration is evaluating and making trade-offs among stakeholders, overlapping processes, or competing activities to successfully reach the goal. Trade off’s means, you can’t have everything to finish the project on time and within budget. Alternatives are found out to meet the stakeholder’s expectations if there are competing project activities.
What is Project Integration Management?
Project Integration Management is the coordination of resources, stakeholders, and other project elements that ensures to execute the project end to end successfully. In simple words, project integration management is a way of making all the project elements and processes work together in order to run the project smoothly. This involves identifying, defining, unifying, combining and coordinating all the activities and processes.
PMBOK-6th edition defines Project Integration Management as,
“ Project Integration Management includes the processes and activities to identify, define, combine, unify, and coordinate the various processes and project management activities within the Project Management Process Groups.”
Project Integration Management is one of the 10 knowledge areas of project management. Integration management involves managing the remaining knowledge areas such as:
- Schedule
- Cost
- Scope
- Quality
- Resources
- Risks
- Changes
- Stakeholders
Project integration management occurs throughout the project lifecycle in all the 5 phases of the project management.
- Initiating
- Planning
- Executing
- Monitoring and controlling
- Closing
Why Project Integration Management is important?
Project management is a complex process. In large scale projects, keeping track of everything that can cause project failure is difficult. The project might be carried out by different departments and in different locations. The collaboration between departments can be difficult and can slow down the project. The key role of the project manager is to incorporate or consolidating all the activities and processes. Project integration management is the ultimate responsibility of project managers.
The primary role of the project manager is project integration. Project Managers are the bridge between top management and project delivery team as they make sure the scope of the project is clear, monitors and reports regularly on the progress of the project that is in line with the defined cost, schedule, and quality.
Project integration management aims to interconnect all the processes and activities with respect to time, scope, cost, quality, human resource, communication, risk, procurement, and stakeholder.
What are the advantages of Project Integration Management?
Project Integration Management is the most important aspect of any project. The success or failure of the project highly depends on Project Integration. The main advantages of project integration management are:
- Provides coordination and synchronization
- The organization will be able to run the project smoothly.
- Officially closes the project activities and phases.
- Measures and monitors the project’s progress
- Manages and controls the performance and the changes
- The decision making is clearer.
- Collects information on the results and convey them to stakeholders.
What are the processes involved in Project Integration Management?
There are seven project processes involved in project integration management that runs throughout the project life-cycle in all the phases. The coordination between the resources, stakeholders, and other project elements that ensure to execute the project end to end successfully is Project Integration Management. It is very important because project success highly depends on integration management in terms of schedule, cost, quality, scope, risks, etc. The seven processes are:
1. Develop Project Charter process:
The develop project charter process is a document that is prepared in the initiation phase to formally authorize the existence of the project. In this process, the document is prepared and given to the authoritative project manager to use the resources required for the project.
The project charter is a key element that describes the whole project in brief. The project charter generally includes the objective of the project, stakeholders, requirements, high-level assumptions and constraints, etc.
2. Develop Project Management Plan process:
The process of combining all the project plans and sub-plans into a single integrated plan. It is one of the most crucial processes of project management. Project success is dependent on the project management plan. The authoritative head to plan project management is the project manager.
This document is approved and signed by authorized stakeholders.
3. Direct and Manage Project Work process
In this process, the project work activities are directed and managed while executing. This refers to the term “leading and controlling” the assigned project activities. The key outputs of this process are final deliverables and change requests for the project work.
4. Manage Project Knowledge process
The main objective of this process is to improve the project process using existing knowledge and creating new knowledge. The knowledge created is used for further processes and future projects. The continuing knowledge gain and utilizing the existing knowledge is the main objective of the project.
5. Monitor and Control Project Work process
Monitoring and controlling project work refers to continuous tracking, reviewing and reporting the project progress status to achieve the required target of the project work activities.
The performances of each assigned resource are monitored and controlled. The document is prepared regarding the issue and the improvement possible.
6. Perform Integrated Change Control process
The perform integrated change control process includes reviewing all the change requests and managing them effectively from all the working departments. The document is prepared for approval of any change requests.
The change requests are approved when there is not much impact on scope, time and cost of the project. The change requests can be project deliverables, project plans or project assets.
7. Close Project or Phase process
This process refers to closing the project activities by finalizing all the deliverables of project activities and the documents related to closing the project or phase is prepared by the project manager. In this process, the resources are released to work for other projects.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What is Project Resource Management?
:
What is Project Resource Management?
What is a Resource?
The resources are assets required to carry out a certain task or project. Resources are assessed and allocated before the project begins. They are the main catalysts of project management. In simple language, anything that is required to deliver the project on time is a resource. Resources can be people, equipment, skillset, space, tools, finances and time.
What is Project Resource Management?
The efficient use of all the resources by planning, estimating and acquiring all the resources is Project Resource Management. According to Project Management Body of Knowledge, 6th Edition (the PMBOK Guide),
‘Project Resource Management includes the processes to identify, acquire, and manage the resources needed for the successful completion of the project.’
Resources are a vital part of the project. Managing and optimizing resources is very important in order to complete the project effectively within available resources. This will determine how much revenue you bring from the invested resources.
Why Project Resource Management is important?
Project resource management is important because it gives an overview of everything and everyone involved in the project. The optimal utilization of all the resources available results in maximum efficiency and minimal waste.
In short, Resource management is all about working on “doing more with less”.
The resource managers are responsible for allocating the resources required to complete the project successfully within the allocated budget and time. Poor resource management is one of the main reasons for project failure.
What are the advantages of Project Resource Management?
There are many advantages of effective resource management:
1. Enhances productivity: Appropriate identification of capability and skill set of the resource enhances productivity.
2. Optimum utilization of resources: The main aim of resource management is to utilize all the resources available in an efficient manner. The best of all the resources can be witnessed in structured resource management.
3. Avoids unforeseen obstacles: Resource management enables you to know all the details of the resource availability, risk, quality requirement, budget and time. So, the obstacles can be avoided before it occurs.
4. Prevents stress and exhaustion: The team’s workload is effectively distributed according to the capabilities, skillset and required quality. The overallocation and dependency are managed well with structured resource management.
5. Control over budget: The optimal usage of the resource within the availability enables to monitor and control the budget.
6. Transparency throughout project life-cycle: The framework and the bandwidth of the resources allocated is transparent which enables to analyze and improve the team performance.
What are the processes involved in Project Resource Management?
There are 6 Project resource management processes in three phases of project management.
In the Planning phase:
-
Planning resource management
Planning Resource Management process is a process of identifying the required resources, equipment for the required for the project activities. Planning resources include preparing the user guide document to identify, acquire, manage and monitor the required resources for project activities. Human resources can be identified by networking.
-
Estimating activity resources
The process of estimating the type and amount of resources required for each project activities. The main objective of estimating resources is to plan the resource requirement for the overall project. The type and quantity of the resources are estimated in this process. This process is carried out in the planning stage of the project lifecycle. The various inputs, tools and techniques and outputs are involved in this process.
In the execution phase:
-
Acquiring resources
The process of acquiring the resources like team members, types of equipment and other resources required for the project delivery. The main objective of this process is to ensure there is no shortfall of resources required for the project.
-
Developing the team
The process in which the stakeholder or project manager improve the knowledge, skills and techniques of the team members as per the requirement of the project quality. This improves the competencies and enables the interaction between the team members enhancing the quality of the project.
-
Managing team
The process of tracking and recording the performances of the team and managing by giving feedback, resolving issues, managing conflicts and optimize the project performance according to the project requirement. The main objective of this process is to improve the overall performance of the team and enhance productivity.
In monitoring and controlling phase:
-
Controlling resources
The Control Resources process aims to fulfil all the resource requirement for the project activities. It ensures all the resources allocated are according to plan. The probability of change requests is high in resource management. Therefore, controlling the resources and monitoring according to the resource plan management is highly essential.
What are the techniques of Project Resource Management?
Some of the important techniques for effective Project Resource Management are:
Resource Allocation
Depending on their availability and skills, the resources are allocated to perform the project activities. Resource allocation is a process of assigning human resources along with equipment and materials required to complete the task within the assigned time. The project managers are responsible to identify the resource and assign the work. The allocation can be done in an effective way by following the tips given below:
- Know the objective of the project thoroughly
- Identify the resources according to their capabilities and skills
- Know the dependencies of the resource
- Track the schedule of the resource required.
Resource Scheduling
The estimation of the resource required to complete the project activities within the specified timeframe. There are two categories in resource scheduling.
- Reusable resources
- Consumable resources
Reusable resources can be human resources, software, space, machinery, tools.
Consumable resources can be money, time, materials.
There are three steps involved in resource scheduling:
- Allocation-In this step project managers decide what type of resource is required to finish the task
- Aggregation- Splitting of resources over the project life cycle.
- Scheduling- Schedule the resources according to the availability. When resources are limited, then the requirements are addressed through resource smoothing or resource leveling.
Resource Leveling and Resource Smoothing
The resource leveling and resource smoothing take care of limited resources. It generally avoids over-allocation and under-allocation. According to The PMBOK® Guide, Resource levelling and resource smoothing can be defined as,
“Resource leveling is a technique in which start and finish dates are adjusted based on resource constraints with the goal of balancing the demand for resources against available supply.”
“Resource smoothing is a technique that adjusts the activities of a schedule model such that the requirement for resources on the project does not exceed certain predefined resource limits.”
Resource Forecasting
The process of predicting future resource requirements ahead of time is resource forecasting. Resource forecasting helps to determine the potential risks and possible constraints. Understanding the availability and demand can help project managers to predict the resource requirement throughout the project cycle.
What are the best practices for Project Resource Management?
The best practices of resource management to successfully complete the project are:
- Identify the resources which might fall short during the project lifecycle.
- Prioritize the work considering all the aspects when dealing with shared resources.
- Different ways of work can be adapted to meet the demand and supply.
- Understanding that resource management runs throughout the project-lifecycle.
- Create resource-breakdown structure.
- Keep track of reporting time.
- Limit multi-tasking
- Record time spent on non-project work.
- Don’t over-allocate the work.
- Keep the resources motivated for better productivity.
What are the tools and softwares used for Resource Management?
The list of latest tools and software used for efficient resource management are:
- Float
- Resource Guru
- Hub Planner
- Saviom
- Mavenlink
- elapseit
- Forecast
- Productive
- 10,000ft Plans
- eResource Scheduler
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
What is Project Resource Management?
What is a Resource?
The resources are assets required to carry out a certain task or project. Resources are assessed and allocated before the project begins. They are the main catalysts of project management. In simple language, anything that is required to deliver the project on time is a resource. Resources can be people, equipment, skillset, space, tools, finances and time.
What is Project Resource Management?
The efficient use of all the resources by planning, estimating and acquiring all the resources is Project Resource Management. According to Project Management Body of Knowledge, 6th Edition (the PMBOK Guide),
‘Project Resource Management includes the processes to identify, acquire, and manage the resources needed for the successful completion of the project.’
Resources are a vital part of the project. Managing and optimizing resources is very important in order to complete the project effectively within available resources. This will determine how much revenue you bring from the invested resources.
Why Project Resource Management is important?
Project resource management is important because it gives an overview of everything and everyone involved in the project. The optimal utilization of all the resources available results in maximum efficiency and minimal waste.
In short, Resource management is all about working on “doing more with less”.
The resource managers are responsible for allocating the resources required to complete the project successfully within the allocated budget and time. Poor resource management is one of the main reasons for project failure.
What are the advantages of Project Resource Management?
There are many advantages of effective resource management:
1. Enhances productivity: Appropriate identification of capability and skill set of the resource enhances productivity.
2. Optimum utilization of resources: The main aim of resource management is to utilize all the resources available in an efficient manner. The best of all the resources can be witnessed in structured resource management.
3. Avoids unforeseen obstacles: Resource management enables you to know all the details of the resource availability, risk, quality requirement, budget and time. So, the obstacles can be avoided before it occurs.
4. Prevents stress and exhaustion: The team’s workload is effectively distributed according to the capabilities, skillset and required quality. The overallocation and dependency are managed well with structured resource management.
5. Control over budget: The optimal usage of the resource within the availability enables to monitor and control the budget.
6. Transparency throughout project life-cycle: The framework and the bandwidth of the resources allocated is transparent which enables to analyze and improve the team performance.
What are the processes involved in Project Resource Management?
There are 6 Project resource management processes in three phases of project management.
In the Planning phase:
-
Planning resource management
Planning Resource Management process is a process of identifying the required resources, equipment for the required for the project activities. Planning resources include preparing the user guide document to identify, acquire, manage and monitor the required resources for project activities. Human resources can be identified by networking.
-
Estimating activity resources
The process of estimating the type and amount of resources required for each project activities. The main objective of estimating resources is to plan the resource requirement for the overall project. The type and quantity of the resources are estimated in this process. This process is carried out in the planning stage of the project lifecycle. The various inputs, tools and techniques and outputs are involved in this process.
In the execution phase:
-
Acquiring resources
The process of acquiring the resources like team members, types of equipment and other resources required for the project delivery. The main objective of this process is to ensure there is no shortfall of resources required for the project.
-
Developing the team
The process in which the stakeholder or project manager improve the knowledge, skills and techniques of the team members as per the requirement of the project quality. This improves the competencies and enables the interaction between the team members enhancing the quality of the project.
-
Managing team
The process of tracking and recording the performances of the team and managing by giving feedback, resolving issues, managing conflicts and optimize the project performance according to the project requirement. The main objective of this process is to improve the overall performance of the team and enhance productivity.
In monitoring and controlling phase:
-
Controlling resources
The Control Resources process aims to fulfil all the resource requirement for the project activities. It ensures all the resources allocated are according to plan. The probability of change requests is high in resource management. Therefore, controlling the resources and monitoring according to the resource plan management is highly essential.
What are the techniques of Project Resource Management?
Some of the important techniques for effective Project Resource Management are:
Resource Allocation
Depending on their availability and skills, the resources are allocated to perform the project activities. Resource allocation is a process of assigning human resources along with equipment and materials required to complete the task within the assigned time. The project managers are responsible to identify the resource and assign the work. The allocation can be done in an effective way by following the tips given below:
- Know the objective of the project thoroughly
- Identify the resources according to their capabilities and skills
- Know the dependencies of the resource
- Track the schedule of the resource required.
Resource Scheduling
The estimation of the resource required to complete the project activities within the specified timeframe. There are two categories in resource scheduling.
- Reusable resources
- Consumable resources
Reusable resources can be human resources, software, space, machinery, tools.
Consumable resources can be money, time, materials.
There are three steps involved in resource scheduling:
- Allocation-In this step project managers decide what type of resource is required to finish the task
- Aggregation- Splitting of resources over the project life cycle.
- Scheduling- Schedule the resources according to the availability. When resources are limited, then the requirements are addressed through resource smoothing or resource leveling.
Resource Leveling and Resource Smoothing
The resource leveling and resource smoothing take care of limited resources. It generally avoids over-allocation and under-allocation. According to The PMBOK® Guide, Resource levelling and resource smoothing can be defined as,
“Resource leveling is a technique in which start and finish dates are adjusted based on resource constraints with the goal of balancing the demand for resources against available supply.”
“Resource smoothing is a technique that adjusts the activities of a schedule model such that the requirement for resources on the project does not exceed certain predefined resource limits.”
Resource Forecasting
The process of predicting future resource requirements ahead of time is resource forecasting. Resource forecasting helps to determine the potential risks and possible constraints. Understanding the availability and demand can help project managers to predict the resource requirement throughout the project cycle.
What are the best practices for Project Resource Management?
The best practices of resource management to successfully complete the project are:
- Identify the resources which might fall short during the project lifecycle.
- Prioritize the work considering all the aspects when dealing with shared resources.
- Different ways of work can be adapted to meet the demand and supply.
- Understanding that resource management runs throughout the project-lifecycle.
- Create resource-breakdown structure.
- Keep track of reporting time.
- Limit multi-tasking
- Record time spent on non-project work.
- Don’t over-allocate the work.
- Keep the resources motivated for better productivity.
What are the tools and softwares used for Resource Management?
The list of latest tools and software used for efficient resource management are:
- Float
- Resource Guru
- Hub Planner
- Saviom
- Mavenlink
- elapseit
- Forecast
- Productive
- 10,000ft Plans
- eResource Scheduler
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What are the Benefits of using the Gantt Chart in Project Management?
:
What are the Benefits of using the Gantt Chart in Project Management?
It’s never easy managing a project. In fact, it is very challenging and the project manager is the important driver for the project’s success. Project Manager will require all the resources possible and that includes tools and techniques in achieving the positive outcome for the project. There are a lot many tools employed by the project manager and this blog will deal with one of the significant and specialty tools called Gantt Chart.
What is the Gantt Chart in Project Management?
Wikipedia describes the Gantt Chart as a “ type of bar chart that illustrates a project schedule and shows the dependency relationships between activities and current schedule status.”
Gantt Chart, in simpler terms, is a Data visualization tool that depicts in a graphical format by mapping the tasks and activities of a project against time. All the activities performed in a project are outlined in the chart in an organized order displaying critical information.
The information presented on the Gantt Chart specifies the tasks of the project, the resources assigned to the task, duration of the task, and also the activities that might overlap. Gantt Chart helps the Project Manager to plan, schedule, track, and manage all the tasks effectively.
What is the History of Gantt Chart
Joseph Priestly in his “Charts of Biography” introduced the idea of bar charts in 1765. William Playfair in 1786 pioneered the Gantt Chart in his Commercial and Political Atlas. Karol Adamiecki, a Polish engineer built something close to Gantt Chart in his construction project in the year 1896. Then came an American Engineer named Henry Gantt introduced his version somewhere between 1910 to 1925 that rose to prominence and became popular in the form of mass adoption in a very short span of time. Gantt Charts were used in wartime during 1917-18 for the tracking of arms and ammunitions. Wallace Clark’s book named “The Gantt Chart – A Working Tool of Management“ released in the year 1923 mentioned Gantt Chart, which by then became an official term. With the passage of time, the adoption of the Gantt Chart kept growing in a wide range of domains and fields.
What is Gantt Chart Elements?
A typical Gantt chart is made up of several elements. The various elements in a Gantt Chart are detailed below:
Tasklist: depicted on the extreme left of the Gantt chart, the task list that runs down vertically describes the project work. The tasks can be grouped together and it is possible to create sub-groups.
Timeline: depicted as the horizontal bar that runs on top of the Gantt Chart. In order to keep track, the time is displayed in terms of months, weeks, days, and years
Dateline: depicted as a vertical line on the Gantt chart. that highlights the current date
Bars: depicted on the right side of the Gantt Chart. as horizontal markers, the bars display the tasks, duration, progress, tasks’ start dates and end dates for project completion.
Milestones: depicted as yellow diamonds, Milestones show up between the Bars denote an important achievement in a project especially dates, goals, events and deliverables.
Dependencies: depicted as the light gray lines linking tasks, Dependencies specify the relationships between tasks and the execution of tasks in a specific order.
Progress: depicted as a percentage of completion in the form of shading in the bar indicating the progress made in the project work.
The resource assigned: depicted the resource (team member) or the team assigned to complete the task.
Benefits of Gantt Chart in Project Management
1. Get to know your projects
Gantt charts acts as a great visualization and prioritization tool as it provides the total overview of the project and presents critical information like resources deployed in the project, the tasks and its orders, the duration, the start and end dates, the dependencies, and progress made in the project at any given point in time. Hence, it’s a great tool for project managers to equip themselves with the information to plan, coordinate and manage the project.
2. Enhance communication and team organization
Communication is critical to the success of a project. A study observed in the public domain revealed that 86% of employees cited the communication gap and issues are the worst reasons for the failure of the project. With regard to ti communication Gantt Chart as very effective as it provides clarity in communication. Project managers use the Gantt Chart to find out ‘who is working on what tasks’, secure information and provide inputs in getting the tasks completed. The communication with the team members is enhanced as the same tool can be used for both communication and tracking, resulting in a better relationship as a team.
3. Eliminate resource overload
There could instances when resources could be tasked with more than the permissible bandwidth. It does happen in a project wherein resources could be overloaded or stretched out. Effective use of resources is facilitated by Gantt Chart that aligns with the project timeline. Resources can be delegated tasks without saddling with too much work, which helps the project manager in proper and effective utilization of resources.
4. Assess the progress of projects
Gantt chart helps in scheduling and also tracks the project’s tasks. This assists the project manager in keeping under check the progress made in the project and also enables in shifting strategy to introduce necessary changes in case of slippage of schedule or if the project is lagging behind in timeline. Gantt Chart can be used by the project members to update the percentage of work completed, which is useful to the project manager in making the whole team stay on one page and also ensure the project is making progress rightly as planned.
5. Monitor task dependencies and overlapping activities
The dependencies can at times slow down or even derail as some tasks are dependent to start only upon the closure of another task. Dependencies make project development difficult and complex to manage. Gantt Chart presents the dependencies of the tasks and helps in scheduling in such a manner that the overlapping can be totally eliminated. This ensures that there is no adverse impact execution of the tasks and the overall progress of the project.
6. Experience more clarity
It's easy to get lost in the maze of numbers or stuck in the project details to lose sight of where the project is heading. Gantt Chart provides clarity by enabling to see instantly the progress made in the tasks and also of the team members involved in the project. It builds a better understanding of how the project is shaping out and brings more clarity about the project’s outcome.
7. Practice better time management
Time is an integral and critical component of project management. The biggest benefit of using a Gantt Chart is scheduling. The Gantt Chart plays a significant role by helping the team members recognize the severity of their tasks and realize the impact in case of delay. Gantt Chart presents the big picture of the overall progress to plan better on the allocation of time on every task and get it done within the scheduled timeline.
8. Create a sense of accountability
Gantt charts highlight the milestones achieved, big wins scored, deadlines met and the deliverables, slippage in schedule, failures which allow the project manager and team members to keep a track of the progress made. It creates a sense of accountability is created in the workplace with the help of the Gantt Chart, thus enabling the project manager and team members to work out solutions in closing the gaps and work towards exceeding the expectations of the stakeholders.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
What are the Benefits of using the Gantt Chart in Project Management?
It’s never easy managing a project. In fact, it is very challenging and the project manager is the important driver for the project’s success. Project Manager will require all the resources possible and that includes tools and techniques in achieving the positive outcome for the project. There are a lot many tools employed by the project manager and this blog will deal with one of the significant and specialty tools called Gantt Chart.
What is the Gantt Chart in Project Management?
Wikipedia describes the Gantt Chart as a “ type of bar chart that illustrates a project schedule and shows the dependency relationships between activities and current schedule status.”
Gantt Chart, in simpler terms, is a Data visualization tool that depicts in a graphical format by mapping the tasks and activities of a project against time. All the activities performed in a project are outlined in the chart in an organized order displaying critical information.
The information presented on the Gantt Chart specifies the tasks of the project, the resources assigned to the task, duration of the task, and also the activities that might overlap. Gantt Chart helps the Project Manager to plan, schedule, track, and manage all the tasks effectively.
What is the History of Gantt Chart
Joseph Priestly in his “Charts of Biography” introduced the idea of bar charts in 1765. William Playfair in 1786 pioneered the Gantt Chart in his Commercial and Political Atlas. Karol Adamiecki, a Polish engineer built something close to Gantt Chart in his construction project in the year 1896. Then came an American Engineer named Henry Gantt introduced his version somewhere between 1910 to 1925 that rose to prominence and became popular in the form of mass adoption in a very short span of time. Gantt Charts were used in wartime during 1917-18 for the tracking of arms and ammunitions. Wallace Clark’s book named “The Gantt Chart – A Working Tool of Management“ released in the year 1923 mentioned Gantt Chart, which by then became an official term. With the passage of time, the adoption of the Gantt Chart kept growing in a wide range of domains and fields.
What is Gantt Chart Elements?
A typical Gantt chart is made up of several elements. The various elements in a Gantt Chart are detailed below:
Tasklist: depicted on the extreme left of the Gantt chart, the task list that runs down vertically describes the project work. The tasks can be grouped together and it is possible to create sub-groups.
Timeline: depicted as the horizontal bar that runs on top of the Gantt Chart. In order to keep track, the time is displayed in terms of months, weeks, days, and years
Dateline: depicted as a vertical line on the Gantt chart. that highlights the current date
Bars: depicted on the right side of the Gantt Chart. as horizontal markers, the bars display the tasks, duration, progress, tasks’ start dates and end dates for project completion.
Milestones: depicted as yellow diamonds, Milestones show up between the Bars denote an important achievement in a project especially dates, goals, events and deliverables.
Dependencies: depicted as the light gray lines linking tasks, Dependencies specify the relationships between tasks and the execution of tasks in a specific order.
Progress: depicted as a percentage of completion in the form of shading in the bar indicating the progress made in the project work.
The resource assigned: depicted the resource (team member) or the team assigned to complete the task.
Benefits of Gantt Chart in Project Management
1. Get to know your projects
Gantt charts acts as a great visualization and prioritization tool as it provides the total overview of the project and presents critical information like resources deployed in the project, the tasks and its orders, the duration, the start and end dates, the dependencies, and progress made in the project at any given point in time. Hence, it’s a great tool for project managers to equip themselves with the information to plan, coordinate and manage the project.
2. Enhance communication and team organization
Communication is critical to the success of a project. A study observed in the public domain revealed that 86% of employees cited the communication gap and issues are the worst reasons for the failure of the project. With regard to ti communication Gantt Chart as very effective as it provides clarity in communication. Project managers use the Gantt Chart to find out ‘who is working on what tasks’, secure information and provide inputs in getting the tasks completed. The communication with the team members is enhanced as the same tool can be used for both communication and tracking, resulting in a better relationship as a team.
3. Eliminate resource overload
There could instances when resources could be tasked with more than the permissible bandwidth. It does happen in a project wherein resources could be overloaded or stretched out. Effective use of resources is facilitated by Gantt Chart that aligns with the project timeline. Resources can be delegated tasks without saddling with too much work, which helps the project manager in proper and effective utilization of resources.
4. Assess the progress of projects
Gantt chart helps in scheduling and also tracks the project’s tasks. This assists the project manager in keeping under check the progress made in the project and also enables in shifting strategy to introduce necessary changes in case of slippage of schedule or if the project is lagging behind in timeline. Gantt Chart can be used by the project members to update the percentage of work completed, which is useful to the project manager in making the whole team stay on one page and also ensure the project is making progress rightly as planned.
5. Monitor task dependencies and overlapping activities
The dependencies can at times slow down or even derail as some tasks are dependent to start only upon the closure of another task. Dependencies make project development difficult and complex to manage. Gantt Chart presents the dependencies of the tasks and helps in scheduling in such a manner that the overlapping can be totally eliminated. This ensures that there is no adverse impact execution of the tasks and the overall progress of the project.
6. Experience more clarity
It's easy to get lost in the maze of numbers or stuck in the project details to lose sight of where the project is heading. Gantt Chart provides clarity by enabling to see instantly the progress made in the tasks and also of the team members involved in the project. It builds a better understanding of how the project is shaping out and brings more clarity about the project’s outcome.
7. Practice better time management
Time is an integral and critical component of project management. The biggest benefit of using a Gantt Chart is scheduling. The Gantt Chart plays a significant role by helping the team members recognize the severity of their tasks and realize the impact in case of delay. Gantt Chart presents the big picture of the overall progress to plan better on the allocation of time on every task and get it done within the scheduled timeline.
8. Create a sense of accountability
Gantt charts highlight the milestones achieved, big wins scored, deadlines met and the deliverables, slippage in schedule, failures which allow the project manager and team members to keep a track of the progress made. It creates a sense of accountability is created in the workplace with the help of the Gantt Chart, thus enabling the project manager and team members to work out solutions in closing the gaps and work towards exceeding the expectations of the stakeholders.
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iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Improve Project Success With These Project Management Skills
:
Improve Project Success With These Project Management Skills
Project’s success highly depends on project managers and their skill sets to manage the project effectively. In today’s competitive talent pool, you need to acquire all the project management skills to become a successful project manager.
There is a thin line between a qualified project manager and a certified project manager. Qualified professionals possess all the skills required but certification validates their skills, education, experience, and expertise. Project Management Professional (PMP) Certification helps in improving the skills required to manage all types of projects. It opens the doors to go ahead in the career. The project management skills to be improved for project success are:
- Leadership
- Communication skills
- Time management
- Negotiation skills
- Decision-making skills
- Risk management
1. Leadership
A good leader has the ability to bring the best out of the team with soft skills. The motivated team always gives the best result. A project manager with great leadership qualities lead the team, manage a team, motivate the team and get the work done in an effective manner. The team should be led in both strategic and operation’s perspective.
Project managers can possess effective leadership quality by the following ways that can improve the success rate of the project:
- Social- Influence: The performance of the team can be influenced by conformity, socialization, obedience and peer pressure. The productivity of the team can be improved by improvement in work culture. The opinions, emotions, and behavior team members are affected by the project managers.
- Clarity: Clear vision towards goal. Without a clear vision of the consequences, the team cannot be led by the project manager effectively.
- Inspire team members: Project managers should make things happen. The inspiring team is making team members work willingly.
- Motivate team: The motivated team always gives the best result. The team can be motivated by appreciation, opportunities, and rewards.
- Guidance: Project managers guide the team by providing all the required information clearly.
- Setting Measurable goals: The common goals are to be set by project managers. The timeframe required to reach the objective is set to accomplish the common goals.
2. Communication skills
The impact of communication is very high in project success. Communication is one of the most essential skills required to improve the success rate of the project. The effect of the project manager’s communication has an impact not only on the project but also on clients and stakeholders. Communicating clearly is one of the primary responsibilities of project managers. The changes are to be communicated to all the team members. The following skills include the best practice of communication skills:
The following modes of communication can help in improving the success rate of the project:
- Group meetings
- Email
- One-on-one meetings
- Status reports
- Updates
- Telephonic call
Great communication skills include:
- Active listening
- Clarity in discussion
- Confidence
- Responsiveness
- Respect
- Reach on agreements
- Result oriented
- Addressing important issues
- Resolving issues
Poor communication can mislead the project and result in project failure or delay.
3. Time management
Time management is the most important aspect of project management. Planning helps in setting goals and provide a definite path to reach the project objective. A strategic mindset is important for effective planning. Planning includes defining the project activities of each team member to achieve the project objective in constrained time without any obstacle.
It is completely project manager’s responsibility to deliver the project on time.
Keeping track on the project status and individual project activities helps in proper time management
The standardized time tracking tools and schedule templates are used to keep the transparency of the project.
4. Negotiation skills
Bringing a group of people to settle the differences in order to accomplish the common goal with the agreed resource, budget and time. A good project manager is always a good negotiator. Negotiation always comes with a settlement. In any disagreement, people bring out the best possible outcome. The project manager achieves a desirable outcome of the discussion if PM is a good negotiator. There are two types of negotiation
- competitive negotiation
- collaborative negotiation
The negotiation skills a project manager should possess to improve the rate of project success are:
- An ability to set goals and limits in order to reduce conflict management
- Excellent listening skills
- Effective verbal communication skills
- knowledge of when and how to close the negotiation.
- Reducing misunderstandings is a key part of effective negotiation
- Rapport Building.
- Problem Solving.
- Decision Making.
- Assertiveness.
- Dealing with Difficult Situations.
5. Decision-making skill
Decision making skill is the most important skill a project manager should possess. Some decisions on a daily basis are not much important but there are some critical decisions that lead the project to be successful. The character of the decision should be:
- Rational
- Unbiased decisions
The decision can be taken in the following steps:
- Identify the problem – Recognize the problem in the project process and gather all the information required to take the rational and unbiased decision.
- Summarize all the information
- Figure out all the possible solutions– find all the possible solutions and ideal way to resolve preferably in a group. Consider all the points and do not ignore anything
- Produce objective criteria – generate the measurement criteria to check the feasibility of the solutions.
- Decide what is best – Make a decision based on what is best for the successful completion of the project within a constrained time.
- Implement the solution – implement the solution decided
- Track the results – Track the outcome of the implemented solution.
6. Risk Management
The project manager identifies the risk at an early stage to avoid the impact of risk on project progress later. To predict the uncertainties, the streamlined risk management process is carried out. Risk identification and analysis are done throughout the project lifecycle to reduce the impact on the resource, processes, technology, and schedule.
In risk management,
Identifying the source of risk - The potential risks are listed out based on the previous projects.
Risks identified are categorized in:
- Technical
- External
- Organizational
Risk Analysis is done by performing two processes:
The qualitative Risk Analysis process
In order to set the risk priorities, the analysis is done on the probability of the risk, the impact of the risk on the project and other risk parameters affecting the project deliverables. The main objective of performing qualitative analysis is to predict and reduce the uncertainty of the risks.
The quantitative Risk Analysis process
Performing quantitative risk analysis is the process of numerically analyzing the effect parameters of identified risks on overall project activities. This process helps in further prioritization of risks, reducing the uncertainty.
Risk Responses are planned against the identified risk:
The process of developing action plans against the identified risks to reduce the overall impact on the project. Planning the risk responses involves selecting strategies and agreeing on the actions developed.
Implement Risk Responses process
The process of implementing risk responses involves executing all the actions planned against identified risks to reduce the uncertainty of the project.
Monitor Risks process
The process involves monitoring the implemented action plans against risk identified. This process involves tracking risk responses, analyzing new risks and reducing the risk factor throughout the project.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
Improve Project Success With These Project Management Skills
Project’s success highly depends on project managers and their skill sets to manage the project effectively. In today’s competitive talent pool, you need to acquire all the project management skills to become a successful project manager.
There is a thin line between a qualified project manager and a certified project manager. Qualified professionals possess all the skills required but certification validates their skills, education, experience, and expertise. Project Management Professional (PMP) Certification helps in improving the skills required to manage all types of projects. It opens the doors to go ahead in the career. The project management skills to be improved for project success are:
- Leadership
- Communication skills
- Time management
- Negotiation skills
- Decision-making skills
- Risk management
1. Leadership
A good leader has the ability to bring the best out of the team with soft skills. The motivated team always gives the best result. A project manager with great leadership qualities lead the team, manage a team, motivate the team and get the work done in an effective manner. The team should be led in both strategic and operation’s perspective.
Project managers can possess effective leadership quality by the following ways that can improve the success rate of the project:
- Social- Influence: The performance of the team can be influenced by conformity, socialization, obedience and peer pressure. The productivity of the team can be improved by improvement in work culture. The opinions, emotions, and behavior team members are affected by the project managers.
- Clarity: Clear vision towards goal. Without a clear vision of the consequences, the team cannot be led by the project manager effectively.
- Inspire team members: Project managers should make things happen. The inspiring team is making team members work willingly.
- Motivate team: The motivated team always gives the best result. The team can be motivated by appreciation, opportunities, and rewards.
- Guidance: Project managers guide the team by providing all the required information clearly.
- Setting Measurable goals: The common goals are to be set by project managers. The timeframe required to reach the objective is set to accomplish the common goals.
2. Communication skills
The impact of communication is very high in project success. Communication is one of the most essential skills required to improve the success rate of the project. The effect of the project manager’s communication has an impact not only on the project but also on clients and stakeholders. Communicating clearly is one of the primary responsibilities of project managers. The changes are to be communicated to all the team members. The following skills include the best practice of communication skills:
The following modes of communication can help in improving the success rate of the project:
- Group meetings
- One-on-one meetings
- Status reports
- Updates
- Telephonic call
Great communication skills include:
- Active listening
- Clarity in discussion
- Confidence
- Responsiveness
- Respect
- Reach on agreements
- Result oriented
- Addressing important issues
- Resolving issues
Poor communication can mislead the project and result in project failure or delay.
3. Time management
Time management is the most important aspect of project management. Planning helps in setting goals and provide a definite path to reach the project objective. A strategic mindset is important for effective planning. Planning includes defining the project activities of each team member to achieve the project objective in constrained time without any obstacle.
It is completely project manager’s responsibility to deliver the project on time.
Keeping track on the project status and individual project activities helps in proper time management
The standardized time tracking tools and schedule templates are used to keep the transparency of the project.
4. Negotiation skills
Bringing a group of people to settle the differences in order to accomplish the common goal with the agreed resource, budget and time. A good project manager is always a good negotiator. Negotiation always comes with a settlement. In any disagreement, people bring out the best possible outcome. The project manager achieves a desirable outcome of the discussion if PM is a good negotiator. There are two types of negotiation
- competitive negotiation
- collaborative negotiation
The negotiation skills a project manager should possess to improve the rate of project success are:
- An ability to set goals and limits in order to reduce conflict management
- Excellent listening skills
- Effective verbal communication skills
- knowledge of when and how to close the negotiation.
- Reducing misunderstandings is a key part of effective negotiation
- Rapport Building.
- Problem Solving.
- Decision Making.
- Assertiveness.
- Dealing with Difficult Situations.
5. Decision-making skill
Decision making skill is the most important skill a project manager should possess. Some decisions on a daily basis are not much important but there are some critical decisions that lead the project to be successful. The character of the decision should be:
- Rational
- Unbiased decisions
The decision can be taken in the following steps:
- Identify the problem – Recognize the problem in the project process and gather all the information required to take the rational and unbiased decision.
- Summarize all the information
- Figure out all the possible solutions– find all the possible solutions and ideal way to resolve preferably in a group. Consider all the points and do not ignore anything
- Produce objective criteria – generate the measurement criteria to check the feasibility of the solutions.
- Decide what is best – Make a decision based on what is best for the successful completion of the project within a constrained time.
- Implement the solution – implement the solution decided
- Track the results – Track the outcome of the implemented solution.
6. Risk Management
The project manager identifies the risk at an early stage to avoid the impact of risk on project progress later. To predict the uncertainties, the streamlined risk management process is carried out. Risk identification and analysis are done throughout the project lifecycle to reduce the impact on the resource, processes, technology, and schedule.
In risk management,
Identifying the source of risk - The potential risks are listed out based on the previous projects.
Risks identified are categorized in:
- Technical
- External
- Organizational
Risk Analysis is done by performing two processes:
The qualitative Risk Analysis process
In order to set the risk priorities, the analysis is done on the probability of the risk, the impact of the risk on the project and other risk parameters affecting the project deliverables. The main objective of performing qualitative analysis is to predict and reduce the uncertainty of the risks.
The quantitative Risk Analysis process
Performing quantitative risk analysis is the process of numerically analyzing the effect parameters of identified risks on overall project activities. This process helps in further prioritization of risks, reducing the uncertainty.
Risk Responses are planned against the identified risk:
The process of developing action plans against the identified risks to reduce the overall impact on the project. Planning the risk responses involves selecting strategies and agreeing on the actions developed.
Implement Risk Responses process
The process of implementing risk responses involves executing all the actions planned against identified risks to reduce the uncertainty of the project.
Monitor Risks process
The process involves monitoring the implemented action plans against risk identified. This process involves tracking risk responses, analyzing new risks and reducing the risk factor throughout the project.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What are the Roles and Responsibilities of a PRINCE2 Certified Professional?
:
What are the Roles and Responsibilities of a PRINCE2 Certified Professional?
What is Prince2 Certification?
PRINCE2 stands for PRojects IN Controlled Environments. PRINCE2 is regarded as a common standard that enables both public and private sector projects to be executed with a common understanding of the processes.
PRINCE2 is one of the leading and popular project management professional certification course that is highly recognized and widely used. PRINCE2 is applicable to any project regardless of the scale, type, geography, organization or culture.
The delivery of products is focused on PRINCE2 more than carrying out activities. There must be a business vase and plan in PRINCE which have to be reviewed periodically.
PRINCE2 is a non-proprietary process-based methodology that is in the public domain and hence not therefore, users are not attached to any single organization for training, consultancy and support.
The structure of PRINCE2 includes:
7 Principles of PRINCE2
- Continued business justification.
- Learn from experience.
- Defined roles and responsibilities.
- Manage by stages.
- Manage by exception.
- Focus on products.
- Tailor to suit the environment
7 Themes of PRINCE2
- Business case.
- Organization.
- Quality.
- Plans.
- Risk.
- Change.
- Progress.
7 Processes of PRINCE2
- Starting up a project.
- Directing a project.
- Initiating a project.
- Controlling a stage.
- Managing product delivery.
- Managing a stage boundary.
- Closing a project.
Roles of PRINCE2 Certified Professional
The jobs are not defined in PRINCE2, instead, the roles are defined detailed with responsibilities and it is not necessary that an individual is assigned to a role. There can be more than a person playing that role.
The important criteria are choosing the right person for the roles that come with its responsibilities and the person with the required skill set, knowledge, experience, expertise, leadership, competency, credibility and authority is the best fit.
There is an exclusive term in PRINCE2that comprises of the project manager, the project board and other roles that are optional. It is called Project Management Team.
For a project to be successful in PRINCE2, there must be three categories of stakeholders with a set of roles and responsibilities.
The project board roles and responsibilities are made up of three primary interests.
The Business interest – the value for the money is provided by the Business Case,
the User interest –project’s outputs are used to realize the benefits, or the user interest used to operate, maintain or support the project outputs.
The Supplier interest – the resources and skills are supplied to produce a project’s products.
The PRINCE2 project organization roles and responsibilities include 4 levels, which are,
1. Corporate or program management,
They are responsible for the Project Mandate, project-level tolerance definition, and identifying the executive. They are not apart of the project management team and are outside of it.
2. The Project Board
They are accountable for the success of the project by providing guidance and overall direction. The Project Board is also accountable for the project’s success or failure of the project, by supplying the required resources, approving the project funding and facilitating effective decision-making. The Project Board must possess the right level of authority, credibility, and ability to delegate. The Project Board Executive has the veto power on any decision making and is primarily responsible for the Business Case.
3. The Project Manager
The day-to-day management of the project is the responsibility of the Project Manager. The project board will lay down the constraints within which the Project Manager must manage within the project.
4. Team members
They are responsible for project delivery on time, within cost and desired quality.
Roles & Responsibilities of PRINCE2 Certified Professional
The Senior User roles and responsibilities
Who will use the project’s products will be represented by the Senior User. This also includes how the products will be to achieve an objective. The Senior User stipulates the benefits and held accountable by corporate or program management.
The Senior Supplier roles and responsibilities
The design, development, facilitate, procurement and implementation of the project’s products are represented by the Senior Supplier. The technical integrity of the project is the main responsibility of the Senior Supplier.
The Project Board
It is responsible for Project Assurance which comprises of assurance, business, user and supplier. Project Assurance can be performed by each project board member who may choose to delegate it. Project Assurance is not dependent on the Project Manager, rather it is independent. Project Assurance offers guidance and counsel to the Project Manager in managing the project. In the case of change requests, the Project Board should decide during the initiation stage if there is time to take up the changes or set up Change Authority who will own up the responsibility on their behalf. The Project Board should ideally comprise of six to eight members for effective decision making. If the number of persons shoots up, then it slows down the decision making process.
The Project Manager roles and responsibilities
is responsible for the project management, the delegation of responsibility to the team members and specialists for the creation of products. The project manager will assign work packages to the team which will be handled through a team manager.
The Team Manager roles and responsibilities
The Team Manager will assign the Work Packages to the team members and present the Project Manager with regular updates and Checkpoint Reports. It is the Team Manager who will manage the team members on a day-to-day basis.
Project Support
It is an optional role whose main roles and responsibilities are to provide administrative services to the project. Whenever required, it provides direction and guidance about the use of project management tools. It also provides configuration management. In the absence of Project Support, then the Project manager will have to manage by themselves.
Demand for PRINCE2 Certified Professionals
The PRINCE2 certification is an important asset to accelerate your career growth in project management.
A 2016 AXELOS survey interviewed project management professionals and other roles, like IT systems and operations and reported their findings as "regardless of function, candidates do find that PRINCE2 is valuable to their career".
According to Payscale.com, the average annual salaries for certified PRINCE2 professionals in the United States are shown below which was last updated on Nov 11, 2019
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
What are the Roles and Responsibilities of a PRINCE2 Certified Professional?
What is Prince2 Certification?
PRINCE2 stands for PRojects IN Controlled Environments. PRINCE2 is regarded as a common standard that enables both public and private sector projects to be executed with a common understanding of the processes.
PRINCE2 is one of the leading and popular project management professional certification course that is highly recognized and widely used. PRINCE2 is applicable to any project regardless of the scale, type, geography, organization or culture.
The delivery of products is focused on PRINCE2 more than carrying out activities. There must be a business vase and plan in PRINCE which have to be reviewed periodically.
PRINCE2 is a non-proprietary process-based methodology that is in the public domain and hence not therefore, users are not attached to any single organization for training, consultancy and support.
The structure of PRINCE2 includes:
7 Principles of PRINCE2
- Continued business justification.
- Learn from experience.
- Defined roles and responsibilities.
- Manage by stages.
- Manage by exception.
- Focus on products.
- Tailor to suit the environment
7 Themes of PRINCE2
- Business case.
- Organization.
- Quality.
- Plans.
- Risk.
- Change.
- Progress.
7 Processes of PRINCE2
- Starting up a project.
- Directing a project.
- Initiating a project.
- Controlling a stage.
- Managing product delivery.
- Managing a stage boundary.
- Closing a project.
Roles of PRINCE2 Certified Professional
The jobs are not defined in PRINCE2, instead, the roles are defined detailed with responsibilities and it is not necessary that an individual is assigned to a role. There can be more than a person playing that role.
The important criteria are choosing the right person for the roles that come with its responsibilities and the person with the required skill set, knowledge, experience, expertise, leadership, competency, credibility and authority is the best fit.
There is an exclusive term in PRINCE2that comprises of the project manager, the project board and other roles that are optional. It is called Project Management Team.
For a project to be successful in PRINCE2, there must be three categories of stakeholders with a set of roles and responsibilities.
The project board roles and responsibilities are made up of three primary interests.
The Business interest – the value for the money is provided by the Business Case,
the User interest –project’s outputs are used to realize the benefits, or the user interest used to operate, maintain or support the project outputs.
The Supplier interest – the resources and skills are supplied to produce a project’s products.
The PRINCE2 project organization roles and responsibilities include 4 levels, which are,
1. Corporate or program management,
They are responsible for the Project Mandate, project-level tolerance definition, and identifying the executive. They are not apart of the project management team and are outside of it.
2. The Project Board
They are accountable for the success of the project by providing guidance and overall direction. The Project Board is also accountable for the project’s success or failure of the project, by supplying the required resources, approving the project funding and facilitating effective decision-making. The Project Board must possess the right level of authority, credibility, and ability to delegate. The Project Board Executive has the veto power on any decision making and is primarily responsible for the Business Case.
3. The Project Manager
The day-to-day management of the project is the responsibility of the Project Manager. The project board will lay down the constraints within which the Project Manager must manage within the project.
4. Team members
They are responsible for project delivery on time, within cost and desired quality.
Roles & Responsibilities of PRINCE2 Certified Professional
The Senior User roles and responsibilities
Who will use the project’s products will be represented by the Senior User. This also includes how the products will be to achieve an objective. The Senior User stipulates the benefits and held accountable by corporate or program management.
The Senior Supplier roles and responsibilities
The design, development, facilitate, procurement and implementation of the project’s products are represented by the Senior Supplier. The technical integrity of the project is the main responsibility of the Senior Supplier.
The Project Board
It is responsible for Project Assurance which comprises of assurance, business, user and supplier. Project Assurance can be performed by each project board member who may choose to delegate it. Project Assurance is not dependent on the Project Manager, rather it is independent. Project Assurance offers guidance and counsel to the Project Manager in managing the project. In the case of change requests, the Project Board should decide during the initiation stage if there is time to take up the changes or set up Change Authority who will own up the responsibility on their behalf. The Project Board should ideally comprise of six to eight members for effective decision making. If the number of persons shoots up, then it slows down the decision making process.
The Project Manager roles and responsibilities
is responsible for the project management, the delegation of responsibility to the team members and specialists for the creation of products. The project manager will assign work packages to the team which will be handled through a team manager.
The Team Manager roles and responsibilities
The Team Manager will assign the Work Packages to the team members and present the Project Manager with regular updates and Checkpoint Reports. It is the Team Manager who will manage the team members on a day-to-day basis.
Project Support
It is an optional role whose main roles and responsibilities are to provide administrative services to the project. Whenever required, it provides direction and guidance about the use of project management tools. It also provides configuration management. In the absence of Project Support, then the Project manager will have to manage by themselves.
Demand for PRINCE2 Certified Professionals
The PRINCE2 certification is an important asset to accelerate your career growth in project management.
A 2016 AXELOS survey interviewed project management professionals and other roles, like IT systems and operations and reported their findings as "regardless of function, candidates do find that PRINCE2 is valuable to their career".
According to Payscale.com, the average annual salaries for certified PRINCE2 professionals in the United States are shown below which was last updated on Nov 11, 2019
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What is Agile Project Management?
:
What is Agile Project Management?
Agile is an iterative and incremental method to develop software step by step taking frequent reassessment whenever required, instead of delivering the whole product after completion.
Agile Methodology is rapidly adopted by all types of organizations especially which cope with the turbulent customer-driven marketplace which resulted in rapid fame of Agile. The organization which adopted Agile Methodology observed a decrease in critical defects and an increase in productivity. It is considered highly successful and efficient.
In Agile Project Management, project activities are divided into phases termed as “Sprints”. Usually, a week span is allotted to each sprint. After completion, sprints are reviewed and evaluated by the managers. The feedbacks are taken from the stakeholders within a week. The project activities are completed within constrained time according to the feedback from the stakeholders.
Agile management relies heavily on teamwork, customer collaboration, time-boxing tasks and allows greater flexibility.
According to the 13th State of Agile Survey Report (2019),
- 71% of respondents adopted agile because it reduces project cost
- 74% of respondents adopted agile as it accelerates the software delivery
- 51% of respondents claim that adopting agile increases productivity
- 43% of respondents stated adopting agile enhances the product quality
According to the report by EY: Digital Transformation for 2020 and beyond, Global Telecommunications Study, improved organizational agility is at the heart of successful digital transformation.
The book, Agile Project Management (APM) by Jim High smith, was one of the first attempts to broaden Agile techniques into a cohesive whole.
PMI, the world’s leading project management institute for Project Management Professional (PMP), has introduced Agile in their PMBOK – 6th edition. Incidentally, PMBOK-version 6 is the reference material for their flagship Project Management Certification (PMP) course. PMP is globally acclaimed and universally recognized, and benchmark certification in project management
What are the different methodologies of Agile?
The different Agile methodologies include:
- Agile Scrum Methodology
- Lean Software Development
- Kanban
- Extreme Programming (XP)
- Crystal
- Dynamic Systems Development Method (DSDM)
- Feature Driven Development (FDD)
Agile Scrum Methodology
Scrum methodology is an implementation of agile practices based on an iterative and incremental method. According to the 12th Annual State of Agile Report, The Scrum Methodology is most widely used amongst software development teams as it divides complicated tasks to user stories.
The roles of product owner, scrum master and developer roles can be seen in this system.
Lean Methodology
Lean is an iterative methodology where the products are delivered through effective value stream mapping. The lean methodology was originally developed by Mary and Tom Poppendieck. Lean is an evolving methodology without any rigid rules and guidelines.
The main principle of Lean Methodology is to eliminate waste, fast delivery, team empowerment, continuous learning. Lean methodology eliminate waste by asking the customer to select only valuable features required. It relies on rapid and reliable feedback for faster productivity.
Kanban
Kanban is an agile methodology which relies on visual-based workflow. Kanban was developed on the production line of the Toyota factories in the 1940s. 83% of the teams using Lean methodology uses Kanban framework for continual delivery. Kanban promotes effective teamwork through continuous collaboration.
Kanban is based on 3 basic principles:
- Visualize what you’ll do today (workflow automation)
- Limit the amount of work in progress (WIP)
- Enhance flow
Extreme Programming (XP)
Extreme programming (XP) is a disciplined approach with higher customer involvement, faster feedback, work on prioritization, continuous planning, continuous testing and closer teamwork to deliver high-quality software. XP is mainly based on four simple values:
- Simplicity
- Communication
- Feedback
- Courage
The customer and development work very closely in this method to define and set the priorities. The development team works on an iteration-by-iteration to deliver a high-quality product.
Crystal
The Crystal methodology is of the most lightweight and adaptable approaches based on team size, project priority and system criticality. The crystal methodology is comprised of a set of crystal families mainly for smaller teams. Crystal promotes early and frequent delivery of working software with high user involvement and the removal of distractions. Crystal methodology doesn’t rely on fixing tools and techniques. The core elements are people and processes.
Dynamic Systems Development Method (DSDM)
Dynamic Systems Development Method (DSDM) is a common industry framework for rapid software delivery. Earlier it was called as Rapid Application Development (RAD). DSDM provides a comprehensive foundation for planning, managing, executing, and scaling Agile process and iterative software development projects. DSDM is based on eight key principles:
- Focus on the business value and need
- On-time delivery
- Collaborate
- Never compromise quality
- Build incrementally from firm foundations
- Iterative approach
- Communicate continuously and clearly
- Demonstrate control
Feature Driven Development (FDD)
Feature Driven Development (FDD) is a model-driven method with shorter iterations. It was built around software engineering best practices. The FDD is based on domain object modelling, developing by feature, and code ownership. It consists of simple activities:
- Development of an overall model
- Building a feature list
- Planning by feature
- Designing by feature
- Building by feature
Combination of Agile Methodologies
The combination of other Agile Methodologies such as ScrumBan, Scrum/XP etc. are also used in different organizations as per the requirement of the company.
The proper scaling framework is required to implement the Agile Methodology. Scalable Agile Framework (SAFe) is the most used agile scaling framework which enables to implement Agile Methodology such as SCRUM at the bigger enterprise level.
Methodologies such as SCRUM, Kanban or combination of both (Scrumban) and frameworks such as Scaled Agile Framework (SAFe), Scrum of Scrums were developed to meet the long-term planning benefits and help organizations in scaling lean and agile practice.
What are the12 principles of Agile?
The 12 principles of Agile Methodology are:
- Customer satisfaction through early and continuous quality delivery
- Welcome changes according to customer’s needs and requirement
- Business and development go hand in hand
- A collaborative approach to work
- Build projects around motivated individuals
- Promotes sustainable development
- Face to face clear conversation
- A measure of progress is working software
- Continuous attention to excellence
- Simplicity
- Self-organizing teams
- Reflect for Effectiveness
Why adopt Agile project management?
- Provides Clarity: Work is divided into phases termed as “Sprints”. Usually, a week span is allotted to each sprint. After completion, sprints are reviewed and evaluated by the managers. This way of approach provides more clarity and it also provides predictable cost and schedule.
- Enhance quality: The feedbacks are taken from the stakeholders within a week, Stakeholder engagement increases the scope of improvement and to rectify errors (if any) in the early-stages. Regular feedback from customers enhance the quality of the product.
- Encourages teamwork: It is a collaborative process which encourages constant learning and knowledge sharing. It brings out a positivity towards work culture as it encourages a team-based approach to development.
- Faster Return on Investment (ROI) as Agile Methodology focus on fast product releases which justifies the business value.
- Simple Prioritization: Setting out priorities made easier with Agile Methodology.
- Reduces risk as adopting Agile Methodology eliminates the chance of absolute project failure.
What are the benefits of doing Agile Certifications?
Any Certification plays a key role in the career path as it holds solid proof of subject matter and continuous learning. The 10 benefits of doing Agile Certification is :
1. Agile certification is globally recognized and in-demand worldwide.
2. Recognizes your expertise in using agile practices in your projects, while demonstrating their increased professional versatility through agile tools and techniques.
3. Carries a higher level of professional credibility as it requires a combination of agile training, experience working on agile projects, and an examination on agile principles, practices, tools, and techniques.
4. Supports individuals in meeting the needs of organizations that rely on agile project practitioners to apply a diversity of methods to their project management.
5. Demonstrates your level of professionalism in agile practices of project management to employers and potential employers.
6. Increases your professional versatility in both agile project management tools and techniques.
7. Accelerates the scope of your career as an Agile Certified Professional with career advancement, professional growth, and increase in salary and earning potential.
8. Enables you to stand out from the crowd as an Agile Certified Professional. Professionals with formal scrum training and an Agile certification have higher salaries than those without an agile certification, according to the Scrum Master Trends Report 2019.
9. Expands your market reach as an agile certified professional and provides you with an opportunity to network with a vibrant community of agile professionals, related organizations, and experts worldwide.
10. Invest in your future. Invest in an Agile Certification to recession-proof your career. Agile professionals would retain their value even during a recession due to their strong and highly transferable core competencies.
Adopting Agile is not about being Agile or doing Agile, It requires a change in the mindset as well to adopt change in work culture resulting in clear product vision and roadmap.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global offers Agile based Certification:
Download our Free PMI-ACP Brochure for more information.
For more information on how iCert Global can help you to accelerate your career with Agile certification, please e-mail info {at} icertglobal {dot} org or call now on +1-713-287-1213/ 1214 / 1053 / 1355. Visit us at https://www.icertglobal.com/
Read More
What is Agile Project Management?
Agile is an iterative and incremental method to develop software step by step taking frequent reassessment whenever required, instead of delivering the whole product after completion.
Agile Methodology is rapidly adopted by all types of organizations especially which cope with the turbulent customer-driven marketplace which resulted in rapid fame of Agile. The organization which adopted Agile Methodology observed a decrease in critical defects and an increase in productivity. It is considered highly successful and efficient.
In Agile Project Management, project activities are divided into phases termed as “Sprints”. Usually, a week span is allotted to each sprint. After completion, sprints are reviewed and evaluated by the managers. The feedbacks are taken from the stakeholders within a week. The project activities are completed within constrained time according to the feedback from the stakeholders.
Agile management relies heavily on teamwork, customer collaboration, time-boxing tasks and allows greater flexibility.
According to the 13th State of Agile Survey Report (2019),
- 71% of respondents adopted agile because it reduces project cost
- 74% of respondents adopted agile as it accelerates the software delivery
- 51% of respondents claim that adopting agile increases productivity
- 43% of respondents stated adopting agile enhances the product quality
According to the report by EY: Digital Transformation for 2020 and beyond, Global Telecommunications Study, improved organizational agility is at the heart of successful digital transformation.
The book, Agile Project Management (APM) by Jim High smith, was one of the first attempts to broaden Agile techniques into a cohesive whole.
PMI, the world’s leading project management institute for Project Management Professional (PMP), has introduced Agile in their PMBOK – 6th edition. Incidentally, PMBOK-version 6 is the reference material for their flagship Project Management Certification (PMP) course. PMP is globally acclaimed and universally recognized, and benchmark certification in project management
What are the different methodologies of Agile?
The different Agile methodologies include:
- Agile Scrum Methodology
- Lean Software Development
- Kanban
- Extreme Programming (XP)
- Crystal
- Dynamic Systems Development Method (DSDM)
- Feature Driven Development (FDD)
Agile Scrum Methodology
Scrum methodology is an implementation of agile practices based on an iterative and incremental method. According to the 12th Annual State of Agile Report, The Scrum Methodology is most widely used amongst software development teams as it divides complicated tasks to user stories.
The roles of product owner, scrum master and developer roles can be seen in this system.
Lean Methodology
Lean is an iterative methodology where the products are delivered through effective value stream mapping. The lean methodology was originally developed by Mary and Tom Poppendieck. Lean is an evolving methodology without any rigid rules and guidelines.
The main principle of Lean Methodology is to eliminate waste, fast delivery, team empowerment, continuous learning. Lean methodology eliminate waste by asking the customer to select only valuable features required. It relies on rapid and reliable feedback for faster productivity.
Kanban
Kanban is an agile methodology which relies on visual-based workflow. Kanban was developed on the production line of the Toyota factories in the 1940s. 83% of the teams using Lean methodology uses Kanban framework for continual delivery. Kanban promotes effective teamwork through continuous collaboration.
Kanban is based on 3 basic principles:
- Visualize what you’ll do today (workflow automation)
- Limit the amount of work in progress (WIP)
- Enhance flow
Extreme Programming (XP)
Extreme programming (XP) is a disciplined approach with higher customer involvement, faster feedback, work on prioritization, continuous planning, continuous testing and closer teamwork to deliver high-quality software. XP is mainly based on four simple values:
- Simplicity
- Communication
- Feedback
- Courage
The customer and development work very closely in this method to define and set the priorities. The development team works on an iteration-by-iteration to deliver a high-quality product.
Crystal
The Crystal methodology is of the most lightweight and adaptable approaches based on team size, project priority and system criticality. The crystal methodology is comprised of a set of crystal families mainly for smaller teams. Crystal promotes early and frequent delivery of working software with high user involvement and the removal of distractions. Crystal methodology doesn’t rely on fixing tools and techniques. The core elements are people and processes.
Dynamic Systems Development Method (DSDM)
Dynamic Systems Development Method (DSDM) is a common industry framework for rapid software delivery. Earlier it was called as Rapid Application Development (RAD). DSDM provides a comprehensive foundation for planning, managing, executing, and scaling Agile process and iterative software development projects. DSDM is based on eight key principles:
- Focus on the business value and need
- On-time delivery
- Collaborate
- Never compromise quality
- Build incrementally from firm foundations
- Iterative approach
- Communicate continuously and clearly
- Demonstrate control
Feature Driven Development (FDD)
Feature Driven Development (FDD) is a model-driven method with shorter iterations. It was built around software engineering best practices. The FDD is based on domain object modelling, developing by feature, and code ownership. It consists of simple activities:
- Development of an overall model
- Building a feature list
- Planning by feature
- Designing by feature
- Building by feature
Combination of Agile Methodologies
The combination of other Agile Methodologies such as ScrumBan, Scrum/XP etc. are also used in different organizations as per the requirement of the company.
The proper scaling framework is required to implement the Agile Methodology. Scalable Agile Framework (SAFe) is the most used agile scaling framework which enables to implement Agile Methodology such as SCRUM at the bigger enterprise level.
Methodologies such as SCRUM, Kanban or combination of both (Scrumban) and frameworks such as Scaled Agile Framework (SAFe), Scrum of Scrums were developed to meet the long-term planning benefits and help organizations in scaling lean and agile practice.
What are the12 principles of Agile?
The 12 principles of Agile Methodology are:
- Customer satisfaction through early and continuous quality delivery
- Welcome changes according to customer’s needs and requirement
- Business and development go hand in hand
- A collaborative approach to work
- Build projects around motivated individuals
- Promotes sustainable development
- Face to face clear conversation
- A measure of progress is working software
- Continuous attention to excellence
- Simplicity
- Self-organizing teams
- Reflect for Effectiveness
Why adopt Agile project management?
- Provides Clarity: Work is divided into phases termed as “Sprints”. Usually, a week span is allotted to each sprint. After completion, sprints are reviewed and evaluated by the managers. This way of approach provides more clarity and it also provides predictable cost and schedule.
- Enhance quality: The feedbacks are taken from the stakeholders within a week, Stakeholder engagement increases the scope of improvement and to rectify errors (if any) in the early-stages. Regular feedback from customers enhance the quality of the product.
- Encourages teamwork: It is a collaborative process which encourages constant learning and knowledge sharing. It brings out a positivity towards work culture as it encourages a team-based approach to development.
- Faster Return on Investment (ROI) as Agile Methodology focus on fast product releases which justifies the business value.
- Simple Prioritization: Setting out priorities made easier with Agile Methodology.
- Reduces risk as adopting Agile Methodology eliminates the chance of absolute project failure.
What are the benefits of doing Agile Certifications?
Any Certification plays a key role in the career path as it holds solid proof of subject matter and continuous learning. The 10 benefits of doing Agile Certification is :
1. Agile certification is globally recognized and in-demand worldwide.
2. Recognizes your expertise in using agile practices in your projects, while demonstrating their increased professional versatility through agile tools and techniques.
3. Carries a higher level of professional credibility as it requires a combination of agile training, experience working on agile projects, and an examination on agile principles, practices, tools, and techniques.
4. Supports individuals in meeting the needs of organizations that rely on agile project practitioners to apply a diversity of methods to their project management.
5. Demonstrates your level of professionalism in agile practices of project management to employers and potential employers.
6. Increases your professional versatility in both agile project management tools and techniques.
7. Accelerates the scope of your career as an Agile Certified Professional with career advancement, professional growth, and increase in salary and earning potential.
8. Enables you to stand out from the crowd as an Agile Certified Professional. Professionals with formal scrum training and an Agile certification have higher salaries than those without an agile certification, according to the Scrum Master Trends Report 2019.
9. Expands your market reach as an agile certified professional and provides you with an opportunity to network with a vibrant community of agile professionals, related organizations, and experts worldwide.
10. Invest in your future. Invest in an Agile Certification to recession-proof your career. Agile professionals would retain their value even during a recession due to their strong and highly transferable core competencies.
Adopting Agile is not about being Agile or doing Agile, It requires a change in the mindset as well to adopt change in work culture resulting in clear product vision and roadmap.
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global offers Agile based Certification:
Download our Free PMI-ACP Brochure for more information.
For more information on how iCert Global can help you to accelerate your career with Agile certification, please e-mail info {at} icertglobal {dot} org or call now on +1-713-287-1213/ 1214 / 1053 / 1355. Visit us at https://www.icertglobal.com/
What is Project Stakeholder Management?
:
What is Project Stakeholder Management?
Stakeholders are those who have a stake in the project and its outcome. The person or people who have invested in the project and affected by the project’s outcome are referred to as Stakeholders. It is absolutely necessary to communicate and constantly keep in touch with the stakeholders – which is ideally the best practice for good stakeholder management. When projects fail to deliver its outcome, the main cause is cited is the lack of communication between key stakeholders.
What is Project Stakeholder Management?
The success of any project depends on its fulfilment of the expectations of the stakeholders, which means the project has delivered on its promise. The management of stakeholders and influencing their expectations is the main responsibility of the project manager. It is the stakeholders who decide on the acceptance of the project delivery underscoring the importance of project stakeholder management.
Project stakeholder management involves identifying the people or groups, that can impact the project, analyzing stakeholder expectations for effectively engaging stakeholders through business strategies for project decisions and execution. It also focuses on constant and continuous communications with stakeholders for regular updates and conflict resolution and enhances stakeholder engagement.
The processes defined in Project Stakeholder Management are defined below:
- Identify Stakeholders. The objective of this process is a stakeholder register.
- Plan Stakeholder Management. The objective of this process stakeholder management plan.
- Manage Stakeholder Engagement. The objective of this process issue log, change requests.
- Control Stakeholder Engagement. The objective of this process work performance information, change requests
What is the difficulty in Project Stakeholder Management?
It can be conflicting views and objectives. One of the stakeholders who has a major stake might want a new feature or functionality which can be negated by another stakeholder wielding appreciable influence. And this is the reason to classify the stakeholders in order of importance and priority. And the role of the project manager is critical in balancing out the expectations to resolve differences and steer through the conflicts.
How do you classify the stakeholders?
The stakeholders can be classified using Stakeholder Analysis.
Even before the stakeholder management begins, it is important to identify the stakeholders. Stakeholder analysis is used to classify stakeholders by identifying their r needs and requirements. Everything boils down to need, which includes information need that’s crucial for stakeholder management.
The stakeholders and their relationships to the project manager are listed below.
Top Management
Top management is represented by the company’s CEO or CFO or Presiden, vice-presidents, directors, division managers, the corporate operating committee, and others. These are the people that direct the strategy and responsible for the development of the organization.
The Project Team
The project team can be made up of dedicated or even shared resources, and at times borrowed resources on a part-time basis are deployed. The project manager, need to provide leadership, direction, and support to team members in accomplishing their tasks.
Peers
The people at the same level in the organization as the project manager are called peers. Peers may or may not be as part of the project team and don’t have any responsibilities or accountability towards the outcome of the project.
Resource Managers
The resources that can be borrowed are not in the control of project managers as they can be controlled by other managers. So the relationship with those managers ought to be good for a smooth transition of resources moving in and out based on mutual understanding.
Internal Customers
Internal customers are the persons who are customers for projects within the organization. Inter customers meet internal demands and have the power to accept or reject the work. The project manager must get their buy-in early of the work about deliverables and update the customers about issues and address them as well.
External customer
External Customers are customers of a business or project that can be marketed and impact the quality of service and its value.
Government
Dealings with government departments which can include all or some levels of government from municipal, provincial, federal, to international.
Contractors, subcontractors, and suppliers
When companies don’t have the in-house expertise or lack of resources, the work is farmed out to contractors or subcontractors or suppliers.
How to analyze stakeholders?
All the potential stakeholders should be listed and analyzed by placing them into categories. The classification of the stakeholders is important as the interest of every stakeholder will vary and some stakeholders will prove to be more than the others. This stakeholder analysis will decide about the frequency of communication with the select group of stakeholders and the information to be communicated.
The stakeholders can be broken down into four categories:
· High power, highly interested people (Manage Closely): These stakeholders are the key players and should be engaged by making all efforts in satisfying them with regular updates.
· High power, less interested people (Keep Satisfied): These stakeholders must be kept satisfied not so much and again not less to the point of boring with communication inflow.
· Low power, highly interested people (Keep Informed): These stakeholders must be adequately informed and consulted with regard to their area of expertise to ensure no major problems arise.
· Low power, less interested people (Monitor): These stakeholders must be monitored by informing about general information again, and should not be burdened with excessive communication.
Culture of Stakeholders
It is possible that project stakeholders may not share a common culture, in which case, the project management must adapt its work processes to cope with cultural differences. The cultural difference that can affect a project is of three major aspects: Communications, Negotiations and Decision making.
Communication is the most critical aspect of differences in culture as Project managers may come across barriers with regard to languages and context. When the same language is not shared between stakeholders, it slows down communication and project execution as information exchange ought to be accurate and fast. Usually, the “need-to-know” information that is critical to the project is shared. When project stakeholders represent a different culture, the cultural influence can cause confusion in communication, negotiation and decision making.
Managing Stakeholders
Projects often have more than one stakeholder. more the number of stakeholders, the greater are the challenges as it adds on to the stress and complexity levels of the project. The emotional investment of the stakeholder and their influence on the project execution can impact the outcome. how does it make it so complex? Project stakeholders more often than not tend to agree or disagree which adds on to the complexity, and larger the stake then more is their say and influence of the project. So it is very vital for the project manager to manage the stakeholders by amicably solving the situation or the conflicts arising out of agreement or disagreement. This is one of the foremost reasons as to why the project manager’s role is very challenging.
How to Identify Project Stakeholders?
The process of stakeholder identification begins even before the project starts. The identification process starts no sooner the charter is approved by the sponsor.
Stakeholder identification is not a one-time exercise but a continuous process as new ones get introduced in the course of the project and old ones may pull out citing lack of interest. So this shuffle in terms of power and interest brings about the changes about the old and new stakeholders and hence it is important to identify and keep a tab about them.
Some of the techniques and documents that help in stakeholder identification are listed below:
- Project Charter
- Contract Documents
- Procurement Documents
- OPA and EEF
- Interview the Experts
- Brainstorming Sessions
Project Charter
A project charter contains the names of the project manager, sponsor, client, and key stakeholders.
Contract Documents
The contract agreement records the names of suppliers, and contacts representing the customer who have a stake in the project.
Enterprise Environmental Factors And Organizational Process Assets
The enterprise environmental factors and organizational process assets are sources to identify many stakeholders. Also, the stakeholder register and lessons learned documents from past projects will also disclose the stakeholders involved in the project.
Interviews with Experts
There is no need to interview all the stakeholders. The most influential ones are interviewed to gain insight and information to understand their expectation as a stakeholder.
Try to ask open-ended questions during the interview and consider keeping one team member with you to record important information.
Brainstorming Sessions
Brainstorming with team members and experts is one of the best strategies in extracting information from the stakeholders. This exercise will help in identifying the stakeholders who wield considerable influence in the project execution and objectives.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
What is Project Stakeholder Management?
Stakeholders are those who have a stake in the project and its outcome. The person or people who have invested in the project and affected by the project’s outcome are referred to as Stakeholders. It is absolutely necessary to communicate and constantly keep in touch with the stakeholders – which is ideally the best practice for good stakeholder management. When projects fail to deliver its outcome, the main cause is cited is the lack of communication between key stakeholders.
What is Project Stakeholder Management?
The success of any project depends on its fulfilment of the expectations of the stakeholders, which means the project has delivered on its promise. The management of stakeholders and influencing their expectations is the main responsibility of the project manager. It is the stakeholders who decide on the acceptance of the project delivery underscoring the importance of project stakeholder management.
Project stakeholder management involves identifying the people or groups, that can impact the project, analyzing stakeholder expectations for effectively engaging stakeholders through business strategies for project decisions and execution. It also focuses on constant and continuous communications with stakeholders for regular updates and conflict resolution and enhances stakeholder engagement.
The processes defined in Project Stakeholder Management are defined below:
- Identify Stakeholders. The objective of this process is a stakeholder register.
- Plan Stakeholder Management. The objective of this process stakeholder management plan.
- Manage Stakeholder Engagement. The objective of this process issue log, change requests.
- Control Stakeholder Engagement. The objective of this process work performance information, change requests
What is the difficulty in Project Stakeholder Management?
It can be conflicting views and objectives. One of the stakeholders who has a major stake might want a new feature or functionality which can be negated by another stakeholder wielding appreciable influence. And this is the reason to classify the stakeholders in order of importance and priority. And the role of the project manager is critical in balancing out the expectations to resolve differences and steer through the conflicts.
How do you classify the stakeholders?
The stakeholders can be classified using Stakeholder Analysis.
Even before the stakeholder management begins, it is important to identify the stakeholders. Stakeholder analysis is used to classify stakeholders by identifying their r needs and requirements. Everything boils down to need, which includes information need that’s crucial for stakeholder management.
The stakeholders and their relationships to the project manager are listed below.
Top Management
Top management is represented by the company’s CEO or CFO or Presiden, vice-presidents, directors, division managers, the corporate operating committee, and others. These are the people that direct the strategy and responsible for the development of the organization.
The Project Team
The project team can be made up of dedicated or even shared resources, and at times borrowed resources on a part-time basis are deployed. The project manager, need to provide leadership, direction, and support to team members in accomplishing their tasks.
Peers
The people at the same level in the organization as the project manager are called peers. Peers may or may not be as part of the project team and don’t have any responsibilities or accountability towards the outcome of the project.
Resource Managers
The resources that can be borrowed are not in the control of project managers as they can be controlled by other managers. So the relationship with those managers ought to be good for a smooth transition of resources moving in and out based on mutual understanding.
Internal Customers
Internal customers are the persons who are customers for projects within the organization. Inter customers meet internal demands and have the power to accept or reject the work. The project manager must get their buy-in early of the work about deliverables and update the customers about issues and address them as well.
External customer
External Customers are customers of a business or project that can be marketed and impact the quality of service and its value.
Government
Dealings with government departments which can include all or some levels of government from municipal, provincial, federal, to international.
Contractors, subcontractors, and suppliers
When companies don’t have the in-house expertise or lack of resources, the work is farmed out to contractors or subcontractors or suppliers.
How to analyze stakeholders?
All the potential stakeholders should be listed and analyzed by placing them into categories. The classification of the stakeholders is important as the interest of every stakeholder will vary and some stakeholders will prove to be more than the others. This stakeholder analysis will decide about the frequency of communication with the select group of stakeholders and the information to be communicated.
The stakeholders can be broken down into four categories:
· High power, highly interested people (Manage Closely): These stakeholders are the key players and should be engaged by making all efforts in satisfying them with regular updates.
· High power, less interested people (Keep Satisfied): These stakeholders must be kept satisfied not so much and again not less to the point of boring with communication inflow.
· Low power, highly interested people (Keep Informed): These stakeholders must be adequately informed and consulted with regard to their area of expertise to ensure no major problems arise.
· Low power, less interested people (Monitor): These stakeholders must be monitored by informing about general information again, and should not be burdened with excessive communication.
Culture of Stakeholders
It is possible that project stakeholders may not share a common culture, in which case, the project management must adapt its work processes to cope with cultural differences. The cultural difference that can affect a project is of three major aspects: Communications, Negotiations and Decision making.
Communication is the most critical aspect of differences in culture as Project managers may come across barriers with regard to languages and context. When the same language is not shared between stakeholders, it slows down communication and project execution as information exchange ought to be accurate and fast. Usually, the “need-to-know” information that is critical to the project is shared. When project stakeholders represent a different culture, the cultural influence can cause confusion in communication, negotiation and decision making.
Managing Stakeholders
Projects often have more than one stakeholder. more the number of stakeholders, the greater are the challenges as it adds on to the stress and complexity levels of the project. The emotional investment of the stakeholder and their influence on the project execution can impact the outcome. how does it make it so complex? Project stakeholders more often than not tend to agree or disagree which adds on to the complexity, and larger the stake then more is their say and influence of the project. So it is very vital for the project manager to manage the stakeholders by amicably solving the situation or the conflicts arising out of agreement or disagreement. This is one of the foremost reasons as to why the project manager’s role is very challenging.
How to Identify Project Stakeholders?
The process of stakeholder identification begins even before the project starts. The identification process starts no sooner the charter is approved by the sponsor.
Stakeholder identification is not a one-time exercise but a continuous process as new ones get introduced in the course of the project and old ones may pull out citing lack of interest. So this shuffle in terms of power and interest brings about the changes about the old and new stakeholders and hence it is important to identify and keep a tab about them.
Some of the techniques and documents that help in stakeholder identification are listed below:
- Project Charter
- Contract Documents
- Procurement Documents
- OPA and EEF
- Interview the Experts
- Brainstorming Sessions
Project Charter
A project charter contains the names of the project manager, sponsor, client, and key stakeholders.
Contract Documents
The contract agreement records the names of suppliers, and contacts representing the customer who have a stake in the project.
Enterprise Environmental Factors And Organizational Process Assets
The enterprise environmental factors and organizational process assets are sources to identify many stakeholders. Also, the stakeholder register and lessons learned documents from past projects will also disclose the stakeholders involved in the project.
Interviews with Experts
There is no need to interview all the stakeholders. The most influential ones are interviewed to gain insight and information to understand their expectation as a stakeholder.
Try to ask open-ended questions during the interview and consider keeping one team member with you to record important information.
Brainstorming Sessions
Brainstorming with team members and experts is one of the best strategies in extracting information from the stakeholders. This exercise will help in identifying the stakeholders who wield considerable influence in the project execution and objectives.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Top 50 Project Management Terms and Concepts To Learn in 2020
:
Project management has its own glossary and first-timers, especially those new to project management may find it difficult to blend in without becoming familiar with the project management terms that are often used during their course of work. Every business has its own jargon and project management is no different. In fact, some terms are so common that they can be used in other fields and some terms are very unique.
So, here are 50 select project management terms that will be helpful to communicate and ensure the team members are on the same page.
A. General Project Management Terms:
1. Status Report
2. Scope
3. Project Plan
4. Requirements
5. Critical Path Method (CPM)
6. Project Manager
7. Project Stakeholder
8. Project Baseline
9. Deliverable
10. Project Portfolio Management
11. Agile Project Management
12. Waterfall Model
13. Project Budget
14. Project Timeline
15. Gantt Chart
16. Milestone
17. Dependencies
18. Start-to-start
19. Finish-to-start
20. Start-to-finish
21. Finish-to-finish
22. Work in Progress (WIP)
23. Work in Progress Limit
24. Bottleneck
25. Scrum
26. Sprint
B. Meeting Project Management Terms
27. Kickoff Meeting
28. Meeting Agenda
29. Meeting Minutes
30. Stand-up Meeting
31. Follow Up
C. Resourcing Project Management Terms
32. Resource Allocation
33. Resource Breakdown Structure
34. Resource Leveling
35. Resource Availability
36. Resource Calendar
D. Project Risk Management Terms
37. Risk
38. Risk Management
39. Risk Mitigation
40. Risk Monitoring and Control
41. Risk Owner
E. Issue Management and Bug Tracking Terms
42. Issue
43. Issue Management
44. Issue Tracking
45. Issue Log
F. QA Project Management Terms
46. Quality
47. Quality Planning
48. Quality Assurance
49. Quality Control
50. Quality Management Plan
General Project Management Terms
Status Report
Project status reporting is a formal report on the project progress mapped against the project plan. The purpose of the project plan is to communicate with the stakeholders about the project work, budget, resources, issues, and process.
Scope
A project’s scope defines what work must be done as agreed by the client and vendor. It is something that’s mutually agreed upon as a sphere of work. Scope makes it clear about what work needs to be done to deliver a project. It is a best practice to document well-defined scope and signed-off by the stakeholders so that only the mutually agreed work will be delivered.
Project Plan
A project plan is one of the most significant documents that cover the project scope and objective. A project plan is more than dates and numbers. And it need not be complicated. The project plan captures the project’s tasks, milestones, resources, deadlines, and deliverables. The project plan is used by project managers to be in constant communication with the team and stakeholders.
Requirements
The requirement is a specification of a need. Requirements describe the condition or capabilities of a system. They are the tasks that must be completed to ensure the success of the project. The requirements must be carefully recorded in a document for the benefit of the team and all stakeholders involved.
Critical Path Method (CPM)
The critical path is the longest sequence of tasks that must be completed on time in order for the project to complete as per the deadline. Critical Path Method determines the shortest time possible to complete the project. The most critical activities of the project are identified on the critical path. Each task/activity on the critical path cannot be started until its predecessor task or activity is complete. If there is a delay in one of the tasks under the critical path, there will be a delay in the deliverables.
Project Manager
The Project Manager is the person responsible for the end-to-end delivery of a project right from initiation to delivery and implementation. The project manager handles every aspect of the project that includes planning, managing scope, resources, cost, time, infrastructure and all other project-related needs.
Project Stakeholder
Project stakeholder is any party with an interest – be it direct or indirect, in the successful completion of the project. A stakeholder can be anyone from the project team, executives, sponsors, customers, or the end-users. Stakeholder refers to anyone who is affected by a project. They usually affect or are affected by the project decisions being taken over the course of the project lifecycle.
Project Baseline - The project’s baseline is defined as the original scope, cost and schedule and used to measure the deviation from the original plan.
Deliverable - It is the final or finished project or product that meets the expectations of the stakeholder in accordance to the contractual stipulations.
Project Portfolio Management
Project portfolio management (PPM) is the collective management of portfolios and their components. PPM is a series of projects or the collectively managed set of programs and projects. in order to achieve the organizational goals.
Agile Project Management
Agile Project Management is a software development based on an iterative and incremental approach to delivering projects. It draws from agile concepts that focus on teamwork, collaboration, and stakeholder involvement.
Waterfall Model
The waterfall model is a software development life cycle that works on a pattern like a waterfall as the development phases are sequential. The development takes place from one phase to another in a downward fashion. There is no overlapping. Since it is sequential development, it will be difficult to revisit the phases again.
Project Budget
Project Budget is the money or funds allocated for a project. It’s a comprehensive list of financial resources formally approved required to complete a project.
Project Timeline
A project timeline captures all the activities that need to be done over the duration of the project. It creates the framework of the project events according to their occurrence.
Gantt Chart
A Gantt chart is used to track projects and represented as a horizontal bar chart used in project management. The projects are tracked from start to finish. Gannt Chart is a visualizing tool to track the project schedule and finding out what needs to be done at a particular time period during the project lifecycle.
Milestone
A milestone is a measure of the project’s progress. It indicates a major achievement in the project lifecycle. Milestones help with scheduling and monitoring and indicated symbolically as diamonds.
Dependencies
In a project, there are no tasks or activities that can exist or engage in isolation. In some way or the other, each task becomes an input or output to other tasks. So, there is a reliance on the input or output between activities required to complete the project. This relationship between the tasks is called Dependency. A dependency is a directional relationship between two activities in such a manner that the start or end of one is dependent on the start or end of the other. Dependencies not only specify the relationship between project activities but also assign the order in which they will be executed.
There are 4 kinds of dependencies:
- Start-to-start – Predecessor task must start before the Successor can start
- Finish-to-start – Predecessor must finish before Successor can start
- Start-to-finish – Predecessor must start before Successor can finish
- Finish-to-finish – Predecessor must finish before Successor can finish
Work in Progress (WIP)
Work in Progress (WIP) specifies the team’s capacity for the workflow. The tasks engaged by the team at any given point of time during the project are called WIP.
Work in Progress Limit
WIP limit restricts the maximum amount of work that can exist in different stages of a workflow. Limiting work in progress allows teams to identify bottlenecks faster and focus on single work items better.
Bottleneck
A bottleneck hinders the workflow and happens when the workload exceeds the capacity of the system.
Scrum
Scrum is one of the leading and most popular framework used to implement agile. It uses an iterative method for delivery and focuses on prioritizing requirements in achieving the project goals over a short time period called sprints.
Sprint
It is a fixed unit of time required to complete a specific task and its duration is specified by the Scrum Master. The daily standup is conducted during a sprint to assess the progress made towards the sprint goals.
Meeting Project Management Terms
Kickoff Meeting
A kickoff meeting is generally the first meeting that occurs between the project team and their client. The first meeting that takes place between the project team and customer or sponsor is called as the kick-off meeting.
Once the details of the project are finalized, and even before the work has begun, this kick-off meeting happens to review the expectations of the project so that all the stakeholders are on the same page.
Meeting Agenda
It can be a topic or list of topics to be taken up for discussion in a meeting with a description of the topic and its possible outcome.
Meeting Minutes
Meeting minutes is a document all the matters discussed during a meeting. These minutes of the meeting are circulated to all the attendees of the meeting and are a referral source for a call to action and follow-up action for the items discussed.
Stand-up Meeting
A stand-up meeting, used in the agile environment is also called as daily scrum which is short in duration and conducted as the first activity of the day. The purpose of the stand-up meeting is to get an update about the work progress made by every team member.
Follow Up
A follow-up meeting is directed towards collecting feedback from the participants involved to plan further course of action. Dedicated follow-up meetings are conducted to collect and assess the outcome of the meeting.
Resourcing Project Management Terms
Resource Allocation
Resource allocation involves The assigning and scheduling of resources for a project. The main objective of resource allocation is to maximize the available resources to achieve the project’s intended goals and objectives.
Resource Breakdown Structure
Resource breakdown structure is a complete and hierarchical list of resources required to complete a project which is classified by type and function.
Resource Leveling
Resource leveling ensures that the resource is not overburdened with tasks. It has an impact on the critical path. Resource leveling is a technique to adjust the project schedule in order to keep the resource below the set limit.
Resource Availability
Resource availability presents the availability of a particular resource at a given point in time during the project.
Resource Calendar
It indicates all the working and non-working days of the resources assigned or allocated to a project.
Project Risk Management Terms
Risk
A risk is an uncertain event or condition that has an impact on the project’s objectives. A project risk is something that has not happened but could adversely affect the project outcome if left unattended. A project manager must be able to identify and assess the risks to the project. For instance, all the assumptions made at the start of the project are considered risks. The project manager must manage the risks using risk assessment to anticipate and address the risk to minimize the impact on the project. If risks are unidentified and unaddressed, it can derail the project or throw it off course.
Risk Management
Risk management deals with the identification and assessment of risks to reduce the likelihood of occurrence of the negative risk and its impact. Effective Risk Management ensures negative risks do not affect the project goals.
Risk Mitigation
A strategy devised to decrease the frequency or probability of the occurrence of negative risks and focuses on a risk mitigation strategy to protect from the negative risks’ threat to the project’s objectives.
Risk Monitoring and Control
Risk monitoring and control process identifies risks using a risk management plan and tracks the performance of the risk responses implemented
Risk Owner
Risk Owner is primarily responsible for managing the risk and also mitigate the risk by implementing suitable strategies. The risk owner is also required to be involved in performing qualitative and quantitative risk analysis.
Issue Management and Bug Tracking Terms
Issue
A project issue is a problem that has been encountered which has negative consequences for a project. Issues are like risks but the difference lies in the fact that issues have already happened, while risks are threats that have not taken place. Poor issue management can have a serious impact that can impair or result in project failure. An issue register or issue log is used to track issues.
Issue Management
Issue Management is the process of effectively detecting, resolving and tracking of the issues related to the project. The main purpose of issue management is resolving the issues before they get blown into catastrophes.
Issue Tracking
Issue tracking is the identification of error or bug that affects the performance of the project or product. The best practice is to use an Issue Tracker to keep track and closely monitor the issues.
Issue Log
Issue Log is a compilation of all the Project issues and the persons accountable to resolve. The Issue log includes the issue status, resolution plan and deadlines for the resolution or fixes.
QA Project Management Terms
Quality – The quality of a project is a measure of the excellence of a product or project ‘s deliverables. Simply stated, Quality is must meet the expectations of the customer or stakeholder. Project Quality management, quality control, and project quality assurance are the three processes critical to Quality.
Quality Planning
The expected quality standards are identified in Quality planning and mechanisms created to ensure the standards are satisfied. Quality planning prescribes corrective action in case of deviation from the set quality standards.
Quality Assurance
Quality Assurance is a set of practices created to monitor processes in the project to ensure the quality requirements are satisfied. Quality Assurances necessitates regular quality audits and conducted throughout the project.
Quality Control
Quality control is the application of the best practices in the evaluation of the project or product that meets the desired quality level. This process is performed after the creation of the project in order to detect any changes required for quality assurance.
Quality Management Plan
A quality management plan is a detailed plan consisting of stakeholders’ quality expectations, quality assurance, and quality control policies to successfully execute a project. This plan is usually a part of the project management plan.
This project management concept compilation is not complete and highlights the most popular and commonly used. We will connect in another blog with another expansive list that will prove beneficial to you in building your project management terms vocabulary.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
Project management has its own glossary and first-timers, especially those new to project management may find it difficult to blend in without becoming familiar with the project management terms that are often used during their course of work. Every business has its own jargon and project management is no different. In fact, some terms are so common that they can be used in other fields and some terms are very unique.
So, here are 50 select project management terms that will be helpful to communicate and ensure the team members are on the same page.
A. General Project Management Terms:
1. Status Report
2. Scope
3. Project Plan
4. Requirements
5. Critical Path Method (CPM)
6. Project Manager
7. Project Stakeholder
8. Project Baseline
9. Deliverable
10. Project Portfolio Management
11. Agile Project Management
12. Waterfall Model
13. Project Budget
14. Project Timeline
15. Gantt Chart
16. Milestone
17. Dependencies
18. Start-to-start
19. Finish-to-start
20. Start-to-finish
21. Finish-to-finish
22. Work in Progress (WIP)
23. Work in Progress Limit
24. Bottleneck
25. Scrum
26. Sprint
B. Meeting Project Management Terms
27. Kickoff Meeting
28. Meeting Agenda
29. Meeting Minutes
30. Stand-up Meeting
31. Follow Up
C. Resourcing Project Management Terms
32. Resource Allocation
33. Resource Breakdown Structure
34. Resource Leveling
35. Resource Availability
36. Resource Calendar
D. Project Risk Management Terms
37. Risk
38. Risk Management
39. Risk Mitigation
40. Risk Monitoring and Control
41. Risk Owner
E. Issue Management and Bug Tracking Terms
42. Issue
43. Issue Management
44. Issue Tracking
45. Issue Log
F. QA Project Management Terms
46. Quality
47. Quality Planning
48. Quality Assurance
49. Quality Control
50. Quality Management Plan
General Project Management Terms
Status Report
Project status reporting is a formal report on the project progress mapped against the project plan. The purpose of the project plan is to communicate with the stakeholders about the project work, budget, resources, issues, and process.
Scope
A project’s scope defines what work must be done as agreed by the client and vendor. It is something that’s mutually agreed upon as a sphere of work. Scope makes it clear about what work needs to be done to deliver a project. It is a best practice to document well-defined scope and signed-off by the stakeholders so that only the mutually agreed work will be delivered.
Project Plan
A project plan is one of the most significant documents that cover the project scope and objective. A project plan is more than dates and numbers. And it need not be complicated. The project plan captures the project’s tasks, milestones, resources, deadlines, and deliverables. The project plan is used by project managers to be in constant communication with the team and stakeholders.
Requirements
The requirement is a specification of a need. Requirements describe the condition or capabilities of a system. They are the tasks that must be completed to ensure the success of the project. The requirements must be carefully recorded in a document for the benefit of the team and all stakeholders involved.
Critical Path Method (CPM)
The critical path is the longest sequence of tasks that must be completed on time in order for the project to complete as per the deadline. Critical Path Method determines the shortest time possible to complete the project. The most critical activities of the project are identified on the critical path. Each task/activity on the critical path cannot be started until its predecessor task or activity is complete. If there is a delay in one of the tasks under the critical path, there will be a delay in the deliverables.
Project Manager
The Project Manager is the person responsible for the end-to-end delivery of a project right from initiation to delivery and implementation. The project manager handles every aspect of the project that includes planning, managing scope, resources, cost, time, infrastructure and all other project-related needs.
Project Stakeholder
Project stakeholder is any party with an interest – be it direct or indirect, in the successful completion of the project. A stakeholder can be anyone from the project team, executives, sponsors, customers, or the end-users. Stakeholder refers to anyone who is affected by a project. They usually affect or are affected by the project decisions being taken over the course of the project lifecycle.
Project Baseline - The project’s baseline is defined as the original scope, cost and schedule and used to measure the deviation from the original plan.
Deliverable - It is the final or finished project or product that meets the expectations of the stakeholder in accordance to the contractual stipulations.
Project Portfolio Management
Project portfolio management (PPM) is the collective management of portfolios and their components. PPM is a series of projects or the collectively managed set of programs and projects. in order to achieve the organizational goals.
Agile Project Management
Agile Project Management is a software development based on an iterative and incremental approach to delivering projects. It draws from agile concepts that focus on teamwork, collaboration, and stakeholder involvement.
Waterfall Model
The waterfall model is a software development life cycle that works on a pattern like a waterfall as the development phases are sequential. The development takes place from one phase to another in a downward fashion. There is no overlapping. Since it is sequential development, it will be difficult to revisit the phases again.
Project Budget
Project Budget is the money or funds allocated for a project. It’s a comprehensive list of financial resources formally approved required to complete a project.
Project Timeline
A project timeline captures all the activities that need to be done over the duration of the project. It creates the framework of the project events according to their occurrence.
Gantt Chart
A Gantt chart is used to track projects and represented as a horizontal bar chart used in project management. The projects are tracked from start to finish. Gannt Chart is a visualizing tool to track the project schedule and finding out what needs to be done at a particular time period during the project lifecycle.
Milestone
A milestone is a measure of the project’s progress. It indicates a major achievement in the project lifecycle. Milestones help with scheduling and monitoring and indicated symbolically as diamonds.
Dependencies
In a project, there are no tasks or activities that can exist or engage in isolation. In some way or the other, each task becomes an input or output to other tasks. So, there is a reliance on the input or output between activities required to complete the project. This relationship between the tasks is called Dependency. A dependency is a directional relationship between two activities in such a manner that the start or end of one is dependent on the start or end of the other. Dependencies not only specify the relationship between project activities but also assign the order in which they will be executed.
There are 4 kinds of dependencies:
- Start-to-start – Predecessor task must start before the Successor can start
- Finish-to-start – Predecessor must finish before Successor can start
- Start-to-finish – Predecessor must start before Successor can finish
- Finish-to-finish – Predecessor must finish before Successor can finish
Work in Progress (WIP)
Work in Progress (WIP) specifies the team’s capacity for the workflow. The tasks engaged by the team at any given point of time during the project are called WIP.
Work in Progress Limit
WIP limit restricts the maximum amount of work that can exist in different stages of a workflow. Limiting work in progress allows teams to identify bottlenecks faster and focus on single work items better.
Bottleneck
A bottleneck hinders the workflow and happens when the workload exceeds the capacity of the system.
Scrum
Scrum is one of the leading and most popular framework used to implement agile. It uses an iterative method for delivery and focuses on prioritizing requirements in achieving the project goals over a short time period called sprints.
Sprint
It is a fixed unit of time required to complete a specific task and its duration is specified by the Scrum Master. The daily standup is conducted during a sprint to assess the progress made towards the sprint goals.
Meeting Project Management Terms
Kickoff Meeting
A kickoff meeting is generally the first meeting that occurs between the project team and their client. The first meeting that takes place between the project team and customer or sponsor is called as the kick-off meeting.
Once the details of the project are finalized, and even before the work has begun, this kick-off meeting happens to review the expectations of the project so that all the stakeholders are on the same page.
Meeting Agenda
It can be a topic or list of topics to be taken up for discussion in a meeting with a description of the topic and its possible outcome.
Meeting Minutes
Meeting minutes is a document all the matters discussed during a meeting. These minutes of the meeting are circulated to all the attendees of the meeting and are a referral source for a call to action and follow-up action for the items discussed.
Stand-up Meeting
A stand-up meeting, used in the agile environment is also called as daily scrum which is short in duration and conducted as the first activity of the day. The purpose of the stand-up meeting is to get an update about the work progress made by every team member.
Follow Up
A follow-up meeting is directed towards collecting feedback from the participants involved to plan further course of action. Dedicated follow-up meetings are conducted to collect and assess the outcome of the meeting.
Resourcing Project Management Terms
Resource Allocation
Resource allocation involves The assigning and scheduling of resources for a project. The main objective of resource allocation is to maximize the available resources to achieve the project’s intended goals and objectives.
Resource Breakdown Structure
Resource breakdown structure is a complete and hierarchical list of resources required to complete a project which is classified by type and function.
Resource Leveling
Resource leveling ensures that the resource is not overburdened with tasks. It has an impact on the critical path. Resource leveling is a technique to adjust the project schedule in order to keep the resource below the set limit.
Resource Availability
Resource availability presents the availability of a particular resource at a given point in time during the project.
Resource Calendar
It indicates all the working and non-working days of the resources assigned or allocated to a project.
Project Risk Management Terms
Risk
A risk is an uncertain event or condition that has an impact on the project’s objectives. A project risk is something that has not happened but could adversely affect the project outcome if left unattended. A project manager must be able to identify and assess the risks to the project. For instance, all the assumptions made at the start of the project are considered risks. The project manager must manage the risks using risk assessment to anticipate and address the risk to minimize the impact on the project. If risks are unidentified and unaddressed, it can derail the project or throw it off course.
Risk Management
Risk management deals with the identification and assessment of risks to reduce the likelihood of occurrence of the negative risk and its impact. Effective Risk Management ensures negative risks do not affect the project goals.
Risk Mitigation
A strategy devised to decrease the frequency or probability of the occurrence of negative risks and focuses on a risk mitigation strategy to protect from the negative risks’ threat to the project’s objectives.
Risk Monitoring and Control
Risk monitoring and control process identifies risks using a risk management plan and tracks the performance of the risk responses implemented
Risk Owner
Risk Owner is primarily responsible for managing the risk and also mitigate the risk by implementing suitable strategies. The risk owner is also required to be involved in performing qualitative and quantitative risk analysis.
Issue Management and Bug Tracking Terms
Issue
A project issue is a problem that has been encountered which has negative consequences for a project. Issues are like risks but the difference lies in the fact that issues have already happened, while risks are threats that have not taken place. Poor issue management can have a serious impact that can impair or result in project failure. An issue register or issue log is used to track issues.
Issue Management
Issue Management is the process of effectively detecting, resolving and tracking of the issues related to the project. The main purpose of issue management is resolving the issues before they get blown into catastrophes.
Issue Tracking
Issue tracking is the identification of error or bug that affects the performance of the project or product. The best practice is to use an Issue Tracker to keep track and closely monitor the issues.
Issue Log
Issue Log is a compilation of all the Project issues and the persons accountable to resolve. The Issue log includes the issue status, resolution plan and deadlines for the resolution or fixes.
QA Project Management Terms
Quality – The quality of a project is a measure of the excellence of a product or project ‘s deliverables. Simply stated, Quality is must meet the expectations of the customer or stakeholder. Project Quality management, quality control, and project quality assurance are the three processes critical to Quality.
Quality Planning
The expected quality standards are identified in Quality planning and mechanisms created to ensure the standards are satisfied. Quality planning prescribes corrective action in case of deviation from the set quality standards.
Quality Assurance
Quality Assurance is a set of practices created to monitor processes in the project to ensure the quality requirements are satisfied. Quality Assurances necessitates regular quality audits and conducted throughout the project.
Quality Control
Quality control is the application of the best practices in the evaluation of the project or product that meets the desired quality level. This process is performed after the creation of the project in order to detect any changes required for quality assurance.
Quality Management Plan
A quality management plan is a detailed plan consisting of stakeholders’ quality expectations, quality assurance, and quality control policies to successfully execute a project. This plan is usually a part of the project management plan.
This project management concept compilation is not complete and highlights the most popular and commonly used. We will connect in another blog with another expansive list that will prove beneficial to you in building your project management terms vocabulary.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
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iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
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Project Scope Management And Its Benefits
:
PROJECT SCOPE MANAGEMENT AND ITS BENEFITS
What is Project Scope?
In project management, scope sets the boundaries to the project within which it can extend. The scope details the deliverables to the as a result of the project initiative.
The project scope determines the work and activities. The project manager must understand the scope clearly and correctly to determine what falls within the boundaries. Those activities that fall inside the boundary become “in scope” and those outside are stricken down as “not in scope”. Only the ‘in-scope” activities are planned for development.
The project scope is the first phase of project planning. The project scope forms the project objectives, the deliverables that include features and functions, limitations, assumptions, and project dependencies. Upon acceptance of the project, the scope management forms the first step in planning.
Why Project Scope is So Important
The question often asked is “Why Project Scope is important?”
Every project has to be delivered on time, within scope, within budget and yet lot many projects fail on these aspects – and the reason: the project scope was not captured correctly
A successful project manager will understand exactly whats to be achieved as a project objective also called scope. For a project manager to stay on track the entire time, regardless of size or complexity, it is important to read the scope right. And that means defining the scope which makes it simple to stay on schedule.
Expectations management is the most difficult and complex task for a project manager as it involves Managing clients' and stakeholders’ hopes and beliefs. A definitive and distinct scope brings everyone on the same page and helps to avoid often cited problems like
- changing requirements,
- or mid-project changes
- budget overspend
- slippage in schedule
- the final outcome contested by client
Without Project scope, the project manager will be left clueless about the time, cost and schedule and resources. The scope influences and forms the basis for every decision made by the project manager.
Project Scope Management
Even before the project begins, Project scope management is initiated. Scope Management is the collection of processes that captures the work to be undertaken in the project and also records the work that is not required. How to manage scope? Through a use case which clearly in writing defines the scope of the project. The business case is closely monitored throughout the project lifecycle.
Project scope states the whole work to be done to deliver the product or services with the agreed features and functions. The scope covers everything that goes into a project.
The Project Scope Management Plan
The Scope Management Plan specifies the scope’s definition, development, and verification. It also defines the responsibilities in managing the project’s scope and guides in scope control. The project scope management plan is one of the most critical and crucial aspects of a project’s success. It identifies the right work needs to be done. According to PMBOK, Guide to the Project Management Body of Knowledge, there are five processes for effective scope management: Collect Requirements, Define Scope. Create Work Breakdown Structure (WBS), Verify Scope and Control Scope.
- Collect Requirements – in this process the requirements that meet the objectives of the project are defined and documented. The documentation will include status updates and final deliverables. Project charter and stakeholder register are the foundation of this process. This process will help in understanding and managing to present the stakeholders’ expectations.
The documentation of this process will serve as an input to the next process, which is Define Scope.
- Define Scope – this step is the most important as it creates the scope statement and helps in understanding the expected deliverables. In this process, the ‘in scope’ and ‘out of scope’ are clearly defined. The project scope statement will guide the team members throughout the project. The define scope process is decisive to the project’s success as it includes the deliverables, assumptions, and constraints within which the project must be engaged, and executed and delivered. Define Scope works as a referral guide to the project and forms the statement that becomes the basis for all project activity.
- Create WBS – in this process, the deliverables are broken down into smaller individual tasks based on the project scope statement and requirement gathering documents. The deliverables are streamlined and the hierarchical structure makes it simpler to schedule, monitor and control. It also makes it easy to standardize and automate workflows.
- Verify Scope – In this process, the scope is formally accepted for all the deliverables documented by all the stakeholders involved, mainly the customer or sponsor.
- Control Scope – In this process, the scope of the project or product is monitored and controlled and any changes in the scope baseline are managed. Changes become inevitable despite capturing everything in the scope but the changes must be controlled to avoid scope creep.
Components of a Scope Management Plan
The Scope management ascertains that the scope of the project is defined accurately. This helps the project manager to assign resources to the tasks factoring the costs involved in completing the project. So it all starts with the scope, especially what is in-scope and out-of-scope. There are three processes involved in scope management. They are planning, controlling and closing.
- Planning: This step captures and defines the work to be undertaken.
- Controlling: the scope creep, change tracking, approval or disapproval of changes and documentation takes place in this step.
- Closing: All the project deliverables are audited in this step and the outcome of the project is assessed against the original plan.
The project scope statement is fundamental to the scope management plan. One more critical document associated with scope management is defining the scope in a statement. To delineate the project, a document is drawn after understanding all the processes.
Scope Statement
What is a Project Scope Statement?
The project regardless of size or duration or cost will include a Project Scope Statement. Project Scope Statement is created even before the project work commences. Project Managers use Project Scope Statement to map and confirm the expected results, constraints, limitations, assumptions, exclusions, justification based on which project work will be undertaken. All the stakeholders must agree upon the project scope statement.
What does a Project Scope Statement Include?
The scope statement creates an outline of the project objectives, goals, relationships, deadlines and other specific elements that minimize the risk due to disruptions or changes. The scope statement contains the following.
Business Case– this document presents the requirement of the project and the possible benefits that can be delivered.
Project Description– presents an overview of the final deliverables.
Success Criteria- The pre-agreed criteria with the stakeholders in determining the project’s success. These are specific conditions that have to be met before any deliverables are accepted by stakeholders.
Deliverables: The expected results that the project will produce upon completion are called as deliverables.
Project Exclusions: the part of the work excluded and will not be done as part of the project. Its called scoping out and is important to include so as to clarify and confirm the assumptions and uncertainties.
Limitations– Anything that can limit the project’s progress. It can be resources or technology or infrastructure related issues
Assumptions– Any assumptions made during the course of the project that may impact the final outcome of the project.
Define the Scope of a Project
To ensure the success of the project, a well-defined scope is an absolute must. Without a well-documented and defined scope in place, no matter how hardworking are your resources are efficient the project plan, the project just can't succeed in achieving its intended goals.
A clear vision of the project’ requirement – not at a higher level – but right down to gritty nitty details at a granular level capturing all the specific project goals, deliverables, features, functions, tasks, deadlines, and ultimately costs constitutes a good scope document and helps in defining the project scope.
So how do you define a project scope?
The following steps help to define the scope of a project:
1. Identify the project needs
It is important to understand the identify the project needs to understand the scope better. Identifying the needs provides the best beginning. It enables us to set groundwork, goals, and objectives. It will help in preparing the groundwork for the tasks to be created and the tasks to follow and execution of the tasks.
2. Confirm the objectives and goals of the Project
The objectives and goals of the Project must follow a SMART guideline. By SMART, the objectives and goals of the project ought to be Specific, Measurable, Achievable, Realistic and met within a time frame.
3. Project Scope description
The scope must clearly describe the features and functionalities as part of the project work. The clarity will have its bearing on the project’s success.
4. Expectations and acceptance
The project scope should be fine-tuned to favor an outcome that meets the expectations of the customer or stakeholders and result in the acceptance of deliverables by end-users.
The projects that meet the customer’s approval and earn their recognition and satisfaction are considered to be successful.
5. Identify constraints
Any project will face constraints, which are as inevitable as changes. There are possibilities or limitations, roadblocks that impede the progress and come in the way of achieving the desired results. But when these constraints are identified, then they can be tackled and the roadblocks cleared making way for smooth passage. It helps in minimizing the problems which otherwise would derail or delay the project.
6. Identify necessary changes
There is nothing more expensive than rework. The time, money and material invested would rise exponentially in case of rework and hence its best to avoid reworking the scope of your project. It will burn all available bandwidth. but there are instances when changes become necessary in which case, settle for the minimal change by making all the stakeholders involved to understand the consequence, especially delay and the additional cost.
How to Identify Scope Risks
A successful project manager must manage scope risks.
What is Scope Risk?
According to PMBOK® Guide—6th Edition, Risk is defined as "an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives". Scope risks then are the uncertain events or conditions related to the project scope.
How do these scope risks arise? The out-of-scope are clearly identified and placed outside the boundaries of project work and yet they somehow sneak their way inside bloating the project scope. That’s what is called scope creep and these are requirements that weren’t factored as part of the agreed scope. It is a scope risk.
But how to identify the Scope Risk?
There are a few methods that can help to Identify Scope Risks.
Interviews
Prepare a set of questions specifically related to scope, and schedule an interview select stakeholders to clarify and confirm the deliverables, assumptions, exclusions, and constraints. It is advisable to document the results and secure a sign-off.
Brainstorming
Pick out the most significant risk that can impair the project deliverables and make a list of questions and use the same for a brainstorming session. With several minds applying their mind to matter, the outcome can be significant in identifying the scope risks.
Checklists
A project ought to have a check-list. Inspect if there are any scope-related risks. If not, create one. There must be a post-review conducted after every project to record the risks. It must be understood that all the risks cannot be captured in a checklist.
Assumption Analysis
Any Assumptions made in the project are sources of risk. These assumptions must be studied for the associated risks and documented.
Cause and Effect Diagrams
Cause and Effect diagrams are very effective in identifying the cause of risks. Once the cause is identified and addressed, the risk gets reduced.
Nominal Group Technique (NGT)
Nominal Group Technique is a kind of brainstorming where the Inputs are collected and prioritized. And the output of NGT is a prioritized list. The risk can be identified from the result of a prioritized list of risks.
Work Breakdown Structure (WBS)
Work Breakdown Structure (WBS) is one of the most powerful tools for identifying scope risk. A WBS with project team whereby they walk through the lowest elements —or work packages as they are called commonly referred. The participants are asked to identify risks.
What are the benefits of Project Scope Management?
Good project scope management will
- Help to understand what is in-scope of the project
- Help to understand the deliverables of the project
- help to make informed decision making during the project
- helps to identify risks and plans steps to mitigate
- helps in setting the right expectations to the stakeholders
- helps in planning on time money, manpower, material
- eases the scope related stress on project manager
- prioritizes tasks to keep the project on track and reduces unplanned work to save on time and expenses
- Enable effective communications between stakeholders by bringing everyone on the same page
- support successful project delivery
The most critical aspect to the success of a project is the project scope, and the project manager has to stay on top not to lose track or focus on the scope.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
PROJECT SCOPE MANAGEMENT AND ITS BENEFITS
What is Project Scope?
In project management, scope sets the boundaries to the project within which it can extend. The scope details the deliverables to the as a result of the project initiative.
The project scope determines the work and activities. The project manager must understand the scope clearly and correctly to determine what falls within the boundaries. Those activities that fall inside the boundary become “in scope” and those outside are stricken down as “not in scope”. Only the ‘in-scope” activities are planned for development.
The project scope is the first phase of project planning. The project scope forms the project objectives, the deliverables that include features and functions, limitations, assumptions, and project dependencies. Upon acceptance of the project, the scope management forms the first step in planning.
Why Project Scope is So Important
The question often asked is “Why Project Scope is important?”
Every project has to be delivered on time, within scope, within budget and yet lot many projects fail on these aspects – and the reason: the project scope was not captured correctly
A successful project manager will understand exactly whats to be achieved as a project objective also called scope. For a project manager to stay on track the entire time, regardless of size or complexity, it is important to read the scope right. And that means defining the scope which makes it simple to stay on schedule.
Expectations management is the most difficult and complex task for a project manager as it involves Managing clients' and stakeholders’ hopes and beliefs. A definitive and distinct scope brings everyone on the same page and helps to avoid often cited problems like
- changing requirements,
- or mid-project changes
- budget overspend
- slippage in schedule
- the final outcome contested by client
Without Project scope, the project manager will be left clueless about the time, cost and schedule and resources. The scope influences and forms the basis for every decision made by the project manager.
Project Scope Management
Even before the project begins, Project scope management is initiated. Scope Management is the collection of processes that captures the work to be undertaken in the project and also records the work that is not required. How to manage scope? Through a use case which clearly in writing defines the scope of the project. The business case is closely monitored throughout the project lifecycle.
Project scope states the whole work to be done to deliver the product or services with the agreed features and functions. The scope covers everything that goes into a project.
The Project Scope Management Plan
The Scope Management Plan specifies the scope’s definition, development, and verification. It also defines the responsibilities in managing the project’s scope and guides in scope control. The project scope management plan is one of the most critical and crucial aspects of a project’s success. It identifies the right work needs to be done. According to PMBOK, Guide to the Project Management Body of Knowledge, there are five processes for effective scope management: Collect Requirements, Define Scope. Create Work Breakdown Structure (WBS), Verify Scope and Control Scope.
- Collect Requirements – in this process the requirements that meet the objectives of the project are defined and documented. The documentation will include status updates and final deliverables. Project charter and stakeholder register are the foundation of this process. This process will help in understanding and managing to present the stakeholders’ expectations.
The documentation of this process will serve as an input to the next process, which is Define Scope.
- Define Scope – this step is the most important as it creates the scope statement and helps in understanding the expected deliverables. In this process, the ‘in scope’ and ‘out of scope’ are clearly defined. The project scope statement will guide the team members throughout the project. The define scope process is decisive to the project’s success as it includes the deliverables, assumptions, and constraints within which the project must be engaged, and executed and delivered. Define Scope works as a referral guide to the project and forms the statement that becomes the basis for all project activity.
- Create WBS – in this process, the deliverables are broken down into smaller individual tasks based on the project scope statement and requirement gathering documents. The deliverables are streamlined and the hierarchical structure makes it simpler to schedule, monitor and control. It also makes it easy to standardize and automate workflows.
- Verify Scope – In this process, the scope is formally accepted for all the deliverables documented by all the stakeholders involved, mainly the customer or sponsor.
- Control Scope – In this process, the scope of the project or product is monitored and controlled and any changes in the scope baseline are managed. Changes become inevitable despite capturing everything in the scope but the changes must be controlled to avoid scope creep.
Components of a Scope Management Plan
The Scope management ascertains that the scope of the project is defined accurately. This helps the project manager to assign resources to the tasks factoring the costs involved in completing the project. So it all starts with the scope, especially what is in-scope and out-of-scope. There are three processes involved in scope management. They are planning, controlling and closing.
- Planning: This step captures and defines the work to be undertaken.
- Controlling: the scope creep, change tracking, approval or disapproval of changes and documentation takes place in this step.
- Closing: All the project deliverables are audited in this step and the outcome of the project is assessed against the original plan.
The project scope statement is fundamental to the scope management plan. One more critical document associated with scope management is defining the scope in a statement. To delineate the project, a document is drawn after understanding all the processes.
Scope Statement
What is a Project Scope Statement?
The project regardless of size or duration or cost will include a Project Scope Statement. Project Scope Statement is created even before the project work commences. Project Managers use Project Scope Statement to map and confirm the expected results, constraints, limitations, assumptions, exclusions, justification based on which project work will be undertaken. All the stakeholders must agree upon the project scope statement.
What does a Project Scope Statement Include?
The scope statement creates an outline of the project objectives, goals, relationships, deadlines and other specific elements that minimize the risk due to disruptions or changes. The scope statement contains the following.
Business Case– this document presents the requirement of the project and the possible benefits that can be delivered.
Project Description– presents an overview of the final deliverables.
Success Criteria- The pre-agreed criteria with the stakeholders in determining the project’s success. These are specific conditions that have to be met before any deliverables are accepted by stakeholders.
Deliverables: The expected results that the project will produce upon completion are called as deliverables.
Project Exclusions: the part of the work excluded and will not be done as part of the project. Its called scoping out and is important to include so as to clarify and confirm the assumptions and uncertainties.
Limitations– Anything that can limit the project’s progress. It can be resources or technology or infrastructure related issues
Assumptions– Any assumptions made during the course of the project that may impact the final outcome of the project.
Define the Scope of a Project
To ensure the success of the project, a well-defined scope is an absolute must. Without a well-documented and defined scope in place, no matter how hardworking are your resources are efficient the project plan, the project just can't succeed in achieving its intended goals.
A clear vision of the project’ requirement – not at a higher level – but right down to gritty nitty details at a granular level capturing all the specific project goals, deliverables, features, functions, tasks, deadlines, and ultimately costs constitutes a good scope document and helps in defining the project scope.
So how do you define a project scope?
The following steps help to define the scope of a project:
1. Identify the project needs
It is important to understand the identify the project needs to understand the scope better. Identifying the needs provides the best beginning. It enables us to set groundwork, goals, and objectives. It will help in preparing the groundwork for the tasks to be created and the tasks to follow and execution of the tasks.
2. Confirm the objectives and goals of the Project
The objectives and goals of the Project must follow a SMART guideline. By SMART, the objectives and goals of the project ought to be Specific, Measurable, Achievable, Realistic and met within a time frame.
3. Project Scope description
The scope must clearly describe the features and functionalities as part of the project work. The clarity will have its bearing on the project’s success.
4. Expectations and acceptance
The project scope should be fine-tuned to favor an outcome that meets the expectations of the customer or stakeholders and result in the acceptance of deliverables by end-users.
The projects that meet the customer’s approval and earn their recognition and satisfaction are considered to be successful.
5. Identify constraints
Any project will face constraints, which are as inevitable as changes. There are possibilities or limitations, roadblocks that impede the progress and come in the way of achieving the desired results. But when these constraints are identified, then they can be tackled and the roadblocks cleared making way for smooth passage. It helps in minimizing the problems which otherwise would derail or delay the project.
6. Identify necessary changes
There is nothing more expensive than rework. The time, money and material invested would rise exponentially in case of rework and hence its best to avoid reworking the scope of your project. It will burn all available bandwidth. but there are instances when changes become necessary in which case, settle for the minimal change by making all the stakeholders involved to understand the consequence, especially delay and the additional cost.
How to Identify Scope Risks
A successful project manager must manage scope risks.
What is Scope Risk?
According to PMBOK® Guide—6th Edition, Risk is defined as "an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives". Scope risks then are the uncertain events or conditions related to the project scope.
How do these scope risks arise? The out-of-scope are clearly identified and placed outside the boundaries of project work and yet they somehow sneak their way inside bloating the project scope. That’s what is called scope creep and these are requirements that weren’t factored as part of the agreed scope. It is a scope risk.
But how to identify the Scope Risk?
There are a few methods that can help to Identify Scope Risks.
Interviews
Prepare a set of questions specifically related to scope, and schedule an interview select stakeholders to clarify and confirm the deliverables, assumptions, exclusions, and constraints. It is advisable to document the results and secure a sign-off.
Brainstorming
Pick out the most significant risk that can impair the project deliverables and make a list of questions and use the same for a brainstorming session. With several minds applying their mind to matter, the outcome can be significant in identifying the scope risks.
Checklists
A project ought to have a check-list. Inspect if there are any scope-related risks. If not, create one. There must be a post-review conducted after every project to record the risks. It must be understood that all the risks cannot be captured in a checklist.
Assumption Analysis
Any Assumptions made in the project are sources of risk. These assumptions must be studied for the associated risks and documented.
Cause and Effect Diagrams
Cause and Effect diagrams are very effective in identifying the cause of risks. Once the cause is identified and addressed, the risk gets reduced.
Nominal Group Technique (NGT)
Nominal Group Technique is a kind of brainstorming where the Inputs are collected and prioritized. And the output of NGT is a prioritized list. The risk can be identified from the result of a prioritized list of risks.
Work Breakdown Structure (WBS)
Work Breakdown Structure (WBS) is one of the most powerful tools for identifying scope risk. A WBS with project team whereby they walk through the lowest elements —or work packages as they are called commonly referred. The participants are asked to identify risks.
What are the benefits of Project Scope Management?
Good project scope management will
- Help to understand what is in-scope of the project
- Help to understand the deliverables of the project
- help to make informed decision making during the project
- helps to identify risks and plans steps to mitigate
- helps in setting the right expectations to the stakeholders
- helps in planning on time money, manpower, material
- eases the scope related stress on project manager
- prioritizes tasks to keep the project on track and reduces unplanned work to save on time and expenses
- Enable effective communications between stakeholders by bringing everyone on the same page
- support successful project delivery
The most critical aspect to the success of a project is the project scope, and the project manager has to stay on top not to lose track or focus on the scope.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What are the 49 Project Management Processes?
:
What are the 49 Project Management Processes?
Project management is a practice of handling project successfully from start to end within budget and time using various strategies, methodologies and processes. Organizations follow a set of guidelines and best practices to achieve the project goal. Project Management is an integral factor which decides the success or failure of a project.
Project management rules are mainly governed by PMI’s A Guide to the Project Management Body of Knowledge (PMBOK® Guide).
Certified Project Management Professionals (PMP®️) use the best practice of project management as the certification validates the knowledge, skills, and techniques of project management aligned with PMBOK® Guide.
According to PMBOK, project management includes,
5 Phases or Process Groups of Project Management
#1 – Project Initiation
#2 – Project Planning
#3 – Project Execution
#4 – Project Monitoring and Control
#5 – Project Closure
10 Knowledge Areas of Project Management
#1 – Project Integration Management
#2 – Project Scope Management
#3 – Project Schedule Management
#4 – Project Cost Management
#5 – Project Quality Management
#6 – Project Resource Management
#7 – Project Communications Management
#8 – Project Risk Management
#9 – Project Procurement Management
#10 – Project Stakeholder Management
49 processes in project management are distributed across 10 knowledge areas and 5 process groups of project management. The below table clearly demonstrates the mapping of the process groups, knowledge areas and processes.
49 Processes in Project Management
Integration Management Processes:
The coordination between the resources, stakeholders, and other project elements which ensures to execute the project end to end successfully is Project Integration Management. It is very important because project success highly depends on integration management in terms of schedule, cost, quality, scope, risks, etc.
#1 – Develop Project Charter process :
The develop project charter process is a document which is prepared in the initiation phase to formally authorize the existence of the project. In this process, the document is prepared and given to the authoritative project manager to use the resources required for the project.
The project charter is a key element which describes the whole project in brief. The project charter generally includes the objective of the project, stakeholders, requirements, high-level assumption and constraints etc.
#2 – Develop Project Management Plan process:
The process of combining all the project plans and sub-plans into a single integrated plan. It is one of the most crucial processes of project management. Project success is dependent on the project management plan. The authoritative head to plan project management is the project manager.
This document is approved and signed by authorized stakeholders.
#3 – Direct and Manage Project Work process
In this process, the project work activities are directed and managed while executing. This refers to the term “leading and controlling” the assigned project activities. The key outputs of this process are final deliverables and change requests for the project work.
#4 – Manage Project Knowledge process
The main objective of this process is to improve the project process using the existing knowledge and creating new knowledge. The knowledge created is used for further processes and future projects. The continuing knowledge gain and utilizing the existing knowledge is the main objective of the project.
#5 – Monitor and Control Project Work process
Monitoring and controlling project work refers to the continuous tracking, reviewing and reporting the project progress status to achieve the required target of the project work activities.
The performances of each assigned resource are monitored and controlled. The document is prepared regarding the issue and the improvement possible.
#6 – Perform Integrated Change Control process
The perform integrated change control process includes reviewing all the change requests and managing them effectively from all the working department. The document is prepared for approval of any change requests.
The change requests are approved when there is not much impact on scope, time and cost of the project. The change requests can be project deliverables, project plan or project assets.
#7 – Close Project or Phase process
This process refers to closing the project activities by finalizing all the deliverables of project activities and the documents related to closing the project or phase is prepared by the project manager. In this process, the resources are released to work for other projects.
Scope Management Processes:
Project scope management is to define what is included in the project and what is not included in the project. The scope of the project is the work that is involved and the factors to execute the project successfully. There are 6 project scope management processes in planning and controlling process group.
#8 – Plan Scope Management process
It is the process of creating the document in which information about how the scope is defined and managed throughout the project process. The scope management plan provides the direction of how to deal with the end to end requirements of the project. The scope management plan acts as a guide to the project flow.
#9 – Collect Requirements process
The process of collecting all the requirements from all the resources or stakeholders to meet the project objective is called Collect Requirement Process. The documentation of all the requirement helps in tracing the matrix of the organizational assets required for the project. The collected requirement is to be managed and fulfilled to meet the objective of the project.
#10 – Define Scope process
The complete description of the scope of the project is documented in this process. The main objective of the project is to document what is included in the project and what is not included in the project.
The clear description of the project is available from this process.
#11 – Create WBS process
Creating WBS refers to the Work Breakdown Structure in which all the project activities are divided into smaller activities. This helps in assigning tasks or activities to the resources. This framework also helps in understanding the project objectives and the defined scope. The inputs, tools and techniques, and the outputs are clearly defined in this process.
#12 – Validate Scope process
In this process, the final deliverables are validated and accepted by the project manager. It is a formal acceptance of the completed project whether it met the scope or not is validated in this process. Before submitting the final deliverables to the customer, if the project manager validates the scope, then the chances of the customer accepting the projects are also high.
#13 – Control Scope process
The control scope process ensures whether all the project activities are according to the planned scope. This process monitors the status of the project and manages the changes according to the scope baseline. It ensures there is no slippery in the project scope during project activities.
Schedule Management Processes:
Project schedule management involves the listing of the tasks, deliverables, duration, stakeholder assigned, start and end date of the tasks within the project. Time management completely depends on the proper schedule management.
#14 – Plan Schedule Management process
Schedule Management Plan ensures the project activities are completed on time. The document is created with project activities based on WBS and time is allocated to complete the project work activity. It is the process of determining the procedures, policies, planning, executing, managing, and controlling the scheduled activity.
#15 – Define Activities process
The list of all the project activities to be conducted during the project execution is documented in this process. The exact actions to be taken to achieve the project objective is the main output of this process. In this process, the input, tools and techniques and output is clearly defined.
#16 – Sequence Activities process
The process of identifying the priorities of the project activities and documenting the same. The sequence of all the project activities are documented in this process. It is one of the most important processes of project management to keep the project flow smooth.
#17 – Estimate Activity Durations process
Estimating the activity durations refers to document the time allotted to each project activity. This process helps to set the whole project timeline according to the sequence of project activities.
#18 – Develop Schedule process
The process of combining all the components of schedule management to project timeline is scheduling process. The document is created by analyzing the sequence of project activities and the estimated duration.
#19 – Control Schedule process
The process of monitoring and managing the time taken to complete the project activity during execution. The document is created to update the status of the project. The main objective of this process is to ensure that the project activities are executed within the allotted time to maintain the project management plan.
Cost Management Processes:
Cost is the most critical factor in any organization. The process of estimating, allocating and controlling the cost of the whole project comes in project cost management. The budget is fixed according to the project activities. The costs are estimated during the planning phase and controlled if it exceeds during execution.
#20 – Plan Cost Management process
The process of cost management plan includes the policies, procedures and guidelines to plan, manage, and control the project costs. It also includes documenting the costs throughout the project. The cost management plan is done according to the project activities, schedule, resource and requirements.
#21 – Estimate Costs process
This process includes estimating all the monetary resources included in the project activities to achieve the target on scheduled time. The costs are estimated based on the resource requirements. The main objective of this process is to determine the overall cost required to complete the process.
#22 – Determine Budget process
The process of combining the cost of all the project activities to establish the formal cost baseline of the overall project. This process helps in projects cost flow, risk management. Cost baseline helps in monitoring and controlling the cost of individual activities.
#23 - Control Costs process
The process of monitoring and controlling the cost of individual project activities during execution is called a control cost process. The costs are controlled and brought to the cost baseline if exceeds. The document of cost update is maintained throughout the project.
Quality Management Processes:
The process of achieving assured quality with respect to scope, time and cost is project quality management. With proper quality management, an organization can achieve customer satisfaction and enhance further productivity. The process of quality management is in three phases of project management: Planning, execution, and monitoring and controlling.
#24 – Plan Quality Management process
Plan Quality Management process is the process of identifying the quality requirements and quality standards relevant to the project output. The document of a set of quality standards is prepared for each project activities. The methodology used, the resource assigned, the cost and the time allocated are the major factors affecting quality.
#25 – Manage Quality process
Manage Quality process is the process of managing all the project activities according to the quality management plan while executing. The main objective of managing quality process is to integrate all the quality policies in the project activities to maintain the quality plan management.
#26 – Control Quality process
Control Quality process is the process of monitoring and controlling the executed project activities according to quality management. The main objective of this process is to ensure the project output is correct, complete and meet the expectations of the customer and the quality plan. This process also includes the documentation of results obtained during the control quality process.
Resource Management Processes:
The project resource management involves managing human resource, material, equipment, knowledge and time. Recourse plays a very important role during the execution of the project. There are 6 Project resource management processes in three phases of project management.
#27 – Plan Resource Management process
Plan Resource Management process is a process of identifying the required resources, equipment for the required for the project activities. Planning resources include preparing the user guide document to identify, acquire, manage and monitor the required resources for project activities.
#28 – Estimate Activity Resources process
The process of estimating the type and amount of resources required for each project activities. The main objective of estimating resources is to plan the resource requirement for the overall project.
#29 – Acquire Resources process
The process of acquiring the resources like team members, types of equipment and other resources required for the project delivery. The main objective of this process is to ensure there is no shortfall of resources required for the project.
#30 – Develop Team process
The process in which the stakeholder or project manager improve the knowledge, skills and techniques of the team members as per the requirement of the project quality. This improves the competencies and enables the interaction between the team members enhancing the quality of the project.
#31 – Manage Team process
The process of tracking and recording the performances of the team and managing by giving feedback, resolving issues, managing conflicts and optimize the project performance according to the project requirement. The main objective of this process is to improve the overall performance of the team and enhance productivity.
#32 – Control Resources process
The Control Resources process aims to fulfil all the resource requirement for the project activities. It ensures all the resources allocated are according to plan. The probability of change requests is high in resource management. Therefore, controlling the resources and monitoring according to the resource plan management is highly essential.
Communications Management Processes:
The project communications management ensures that the right message is sent, received and understood by the right people. Communication is one of the most critical factors affecting the success of the project. According to PMI, most of the project failed due to communication. The three processes are involved in project communication management in planning, executing and monitoring phase.
#33 – Plan Communications Management process
The process of conducting proper communication according to the stakeholder’s need and requirement. The process includes a proper approach and plan of communication with organizational assets. The communication can be through any formal and recorded medium.
#34 – Manage Communications process
Managing communication process ensures that the message is created, collected, recorded and distributed by authorized stakeholders and understood by the receiving end according to the communications management plan.
#35 – Monitor Communications process
Monitoring communications process is a process of monitoring and controlling the communications throughout the project life cycle ensuring that the communication meets the stakeholder’s information requirement.
Risk Management Processes:
Project risk management involves identifying the risks, analyze the risk and control the risk. The risk management is done to reduce the impact of risk on project pace. The risk identified can be uncertain and have a huge impact on the resource, processes, technology, and schedule. The 7 processes of risk management lies in planning, executing and monitoring phase.
#36 – Plan Risk Management process
Planning risk management involves preparing the document on identifying risk, prioritizing and managing according to the risk assessment matrix and how to conduct risk assessments activities within the project.
#37 – Identify Risks process
The process of identifying, determining and documenting all the possible risks that may affect the project is Identify Risk process. The main objective of this process is to anticipate the risk before execution. Documentation of all the risk will help in further project activities.
#38 – Perform Qualitative Risk Analysis process
In order to set the risk priorities, the analysis is done on the probability of the risk, the impact of the risk on the project and other risk parameters affecting the project deliverables. The main objective of performing qualitative analysis is to predict and reduce the uncertainty of the risks.
#39 – Perform Quantitative Risk Analysis process
Performing quantitative risk analysis is the process of numerically analyzing the effect parameters of identified risks on overall project activities. This process helps in further prioritization of risks, reducing the uncertainty.
#40 – Plan Risk Responses process
The process of developing action plans against the identified risks to reduce the overall impact on the project. Planning the risk responses involves selecting strategies and agreeing on the actions developed.
#41 – Implement Risk Responses process
The process of implementing risk responses involves executing all the actions planned against identified risks to reduce the uncertainty of the project.
#42 – Monitor Risks process
The process involves monitoring the implemented action plans against risk identified. This process involves tracking of risk responses, analyzing new risks and reducing the risk factor throughout the project.
Procurement Management:
The project procurement management involves obtaining goods, services and supplies. Procurement includes all the materials required to complete the project. 3 procurement management processes are involved in planning, executing and monitoring phase of project management.
#43 – Plan Procurement Management process
The process of documenting the material required, specifying the approach, identifying potential dealers, identifying good service required for the project within the allocated budget and assured quality.
#44 – Conduct Procurements process
The process of selecting the seller, obtaining seller responses and finalizing the procurement requirement with the seller through agreements. The main objective of this process is to ensure procurements are done according to the requirement for deliverables of the project.
#45 – Control Procurements process
The control procurement process involves managing all the procurement relationship and monitoring contract performance. This process also involves deciding the changes related to procurement wherever necessary.
Stakeholder Management
The project stakeholder management is the process of identifying suitable stakeholder for the project and meet the expectation of the selected stakeholder. The success or failure of the project depends on the key stakeholders.
Four project stakeholder processes are involved in initiating, planning, executing, and monitoring and controlling the phase of project management.
#46 – Identify Stakeholders process
The process of identifying stakeholders is done in the initiation phase of the project. Based on performance, experience and skills, the key stakeholders are identified to manage the assigned part of the project.
#47 – Plan Stakeholder Engagement process
The process of determining how to approach different stakeholders for different project activities. The roles and responsibilities of the key stakeholder are planned. The amount of engagement in each part of the project work is assigned to stakeholders.
#48 – Manage Stakeholder Engagement process
The process involving interaction with stakeholders and working with stakeholders to meet their expectations, resolving the issues by stakeholder engagement process. This process has a potential impact on the project.
#49 – Monitor Stakeholder Engagement process
Monitoring the stakeholder engagement process ensures effective interaction and engagement between the project stakeholders. Engagement strategies and plans are executed if necessary.
RECOMMENDED POST:
What is PMP?
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
- PMP Certification Training
- CAPM Certification Training
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
What are the 49 Project Management Processes?
Project management is a practice of handling project successfully from start to end within budget and time using various strategies, methodologies and processes. Organizations follow a set of guidelines and best practices to achieve the project goal. Project Management is an integral factor which decides the success or failure of a project.
Project management rules are mainly governed by PMI’s A Guide to the Project Management Body of Knowledge (PMBOK® Guide).
Certified Project Management Professionals (PMP®️) use the best practice of project management as the certification validates the knowledge, skills, and techniques of project management aligned with PMBOK® Guide.
According to PMBOK, project management includes,
5 Phases or Process Groups of Project Management
#1 – Project Initiation
#2 – Project Planning
#3 – Project Execution
#4 – Project Monitoring and Control
#5 – Project Closure
10 Knowledge Areas of Project Management
#1 – Project Integration Management
#2 – Project Scope Management
#3 – Project Schedule Management
#4 – Project Cost Management
#5 – Project Quality Management
#6 – Project Resource Management
#7 – Project Communications Management
#8 – Project Risk Management
#9 – Project Procurement Management
#10 – Project Stakeholder Management
49 processes in project management are distributed across 10 knowledge areas and 5 process groups of project management. The below table clearly demonstrates the mapping of the process groups, knowledge areas and processes.
49 Processes in Project Management
Integration Management Processes:
The coordination between the resources, stakeholders, and other project elements which ensures to execute the project end to end successfully is Project Integration Management. It is very important because project success highly depends on integration management in terms of schedule, cost, quality, scope, risks, etc.
#1 – Develop Project Charter process :
The develop project charter process is a document which is prepared in the initiation phase to formally authorize the existence of the project. In this process, the document is prepared and given to the authoritative project manager to use the resources required for the project.
The project charter is a key element which describes the whole project in brief. The project charter generally includes the objective of the project, stakeholders, requirements, high-level assumption and constraints etc.
#2 – Develop Project Management Plan process:
The process of combining all the project plans and sub-plans into a single integrated plan. It is one of the most crucial processes of project management. Project success is dependent on the project management plan. The authoritative head to plan project management is the project manager.
This document is approved and signed by authorized stakeholders.
#3 – Direct and Manage Project Work process
In this process, the project work activities are directed and managed while executing. This refers to the term “leading and controlling” the assigned project activities. The key outputs of this process are final deliverables and change requests for the project work.
#4 – Manage Project Knowledge process
The main objective of this process is to improve the project process using the existing knowledge and creating new knowledge. The knowledge created is used for further processes and future projects. The continuing knowledge gain and utilizing the existing knowledge is the main objective of the project.
#5 – Monitor and Control Project Work process
Monitoring and controlling project work refers to the continuous tracking, reviewing and reporting the project progress status to achieve the required target of the project work activities.
The performances of each assigned resource are monitored and controlled. The document is prepared regarding the issue and the improvement possible.
#6 – Perform Integrated Change Control process
The perform integrated change control process includes reviewing all the change requests and managing them effectively from all the working department. The document is prepared for approval of any change requests.
The change requests are approved when there is not much impact on scope, time and cost of the project. The change requests can be project deliverables, project plan or project assets.
#7 – Close Project or Phase process
This process refers to closing the project activities by finalizing all the deliverables of project activities and the documents related to closing the project or phase is prepared by the project manager. In this process, the resources are released to work for other projects.
Scope Management Processes:
Project scope management is to define what is included in the project and what is not included in the project. The scope of the project is the work that is involved and the factors to execute the project successfully. There are 6 project scope management processes in planning and controlling process group.
#8 – Plan Scope Management process
It is the process of creating the document in which information about how the scope is defined and managed throughout the project process. The scope management plan provides the direction of how to deal with the end to end requirements of the project. The scope management plan acts as a guide to the project flow.
#9 – Collect Requirements process
The process of collecting all the requirements from all the resources or stakeholders to meet the project objective is called Collect Requirement Process. The documentation of all the requirement helps in tracing the matrix of the organizational assets required for the project. The collected requirement is to be managed and fulfilled to meet the objective of the project.
#10 – Define Scope process
The complete description of the scope of the project is documented in this process. The main objective of the project is to document what is included in the project and what is not included in the project.
The clear description of the project is available from this process.
#11 – Create WBS process
Creating WBS refers to the Work Breakdown Structure in which all the project activities are divided into smaller activities. This helps in assigning tasks or activities to the resources. This framework also helps in understanding the project objectives and the defined scope. The inputs, tools and techniques, and the outputs are clearly defined in this process.
#12 – Validate Scope process
In this process, the final deliverables are validated and accepted by the project manager. It is a formal acceptance of the completed project whether it met the scope or not is validated in this process. Before submitting the final deliverables to the customer, if the project manager validates the scope, then the chances of the customer accepting the projects are also high.
#13 – Control Scope process
The control scope process ensures whether all the project activities are according to the planned scope. This process monitors the status of the project and manages the changes according to the scope baseline. It ensures there is no slippery in the project scope during project activities.
Schedule Management Processes:
Project schedule management involves the listing of the tasks, deliverables, duration, stakeholder assigned, start and end date of the tasks within the project. Time management completely depends on the proper schedule management.
#14 – Plan Schedule Management process
Schedule Management Plan ensures the project activities are completed on time. The document is created with project activities based on WBS and time is allocated to complete the project work activity. It is the process of determining the procedures, policies, planning, executing, managing, and controlling the scheduled activity.
#15 – Define Activities process
The list of all the project activities to be conducted during the project execution is documented in this process. The exact actions to be taken to achieve the project objective is the main output of this process. In this process, the input, tools and techniques and output is clearly defined.
#16 – Sequence Activities process
The process of identifying the priorities of the project activities and documenting the same. The sequence of all the project activities are documented in this process. It is one of the most important processes of project management to keep the project flow smooth.
#17 – Estimate Activity Durations process
Estimating the activity durations refers to document the time allotted to each project activity. This process helps to set the whole project timeline according to the sequence of project activities.
#18 – Develop Schedule process
The process of combining all the components of schedule management to project timeline is scheduling process. The document is created by analyzing the sequence of project activities and the estimated duration.
#19 – Control Schedule process
The process of monitoring and managing the time taken to complete the project activity during execution. The document is created to update the status of the project. The main objective of this process is to ensure that the project activities are executed within the allotted time to maintain the project management plan.
Cost Management Processes:
Cost is the most critical factor in any organization. The process of estimating, allocating and controlling the cost of the whole project comes in project cost management. The budget is fixed according to the project activities. The costs are estimated during the planning phase and controlled if it exceeds during execution.
#20 – Plan Cost Management process
The process of cost management plan includes the policies, procedures and guidelines to plan, manage, and control the project costs. It also includes documenting the costs throughout the project. The cost management plan is done according to the project activities, schedule, resource and requirements.
#21 – Estimate Costs process
This process includes estimating all the monetary resources included in the project activities to achieve the target on scheduled time. The costs are estimated based on the resource requirements. The main objective of this process is to determine the overall cost required to complete the process.
#22 – Determine Budget process
The process of combining the cost of all the project activities to establish the formal cost baseline of the overall project. This process helps in projects cost flow, risk management. Cost baseline helps in monitoring and controlling the cost of individual activities.
#23 - Control Costs process
The process of monitoring and controlling the cost of individual project activities during execution is called a control cost process. The costs are controlled and brought to the cost baseline if exceeds. The document of cost update is maintained throughout the project.
Quality Management Processes:
The process of achieving assured quality with respect to scope, time and cost is project quality management. With proper quality management, an organization can achieve customer satisfaction and enhance further productivity. The process of quality management is in three phases of project management: Planning, execution, and monitoring and controlling.
#24 – Plan Quality Management process
Plan Quality Management process is the process of identifying the quality requirements and quality standards relevant to the project output. The document of a set of quality standards is prepared for each project activities. The methodology used, the resource assigned, the cost and the time allocated are the major factors affecting quality.
#25 – Manage Quality process
Manage Quality process is the process of managing all the project activities according to the quality management plan while executing. The main objective of managing quality process is to integrate all the quality policies in the project activities to maintain the quality plan management.
#26 – Control Quality process
Control Quality process is the process of monitoring and controlling the executed project activities according to quality management. The main objective of this process is to ensure the project output is correct, complete and meet the expectations of the customer and the quality plan. This process also includes the documentation of results obtained during the control quality process.
Resource Management Processes:
The project resource management involves managing human resource, material, equipment, knowledge and time. Recourse plays a very important role during the execution of the project. There are 6 Project resource management processes in three phases of project management.
#27 – Plan Resource Management process
Plan Resource Management process is a process of identifying the required resources, equipment for the required for the project activities. Planning resources include preparing the user guide document to identify, acquire, manage and monitor the required resources for project activities.
#28 – Estimate Activity Resources process
The process of estimating the type and amount of resources required for each project activities. The main objective of estimating resources is to plan the resource requirement for the overall project.
#29 – Acquire Resources process
The process of acquiring the resources like team members, types of equipment and other resources required for the project delivery. The main objective of this process is to ensure there is no shortfall of resources required for the project.
#30 – Develop Team process
The process in which the stakeholder or project manager improve the knowledge, skills and techniques of the team members as per the requirement of the project quality. This improves the competencies and enables the interaction between the team members enhancing the quality of the project.
#31 – Manage Team process
The process of tracking and recording the performances of the team and managing by giving feedback, resolving issues, managing conflicts and optimize the project performance according to the project requirement. The main objective of this process is to improve the overall performance of the team and enhance productivity.
#32 – Control Resources process
The Control Resources process aims to fulfil all the resource requirement for the project activities. It ensures all the resources allocated are according to plan. The probability of change requests is high in resource management. Therefore, controlling the resources and monitoring according to the resource plan management is highly essential.
Communications Management Processes:
The project communications management ensures that the right message is sent, received and understood by the right people. Communication is one of the most critical factors affecting the success of the project. According to PMI, most of the project failed due to communication. The three processes are involved in project communication management in planning, executing and monitoring phase.
#33 – Plan Communications Management process
The process of conducting proper communication according to the stakeholder’s need and requirement. The process includes a proper approach and plan of communication with organizational assets. The communication can be through any formal and recorded medium.
#34 – Manage Communications process
Managing communication process ensures that the message is created, collected, recorded and distributed by authorized stakeholders and understood by the receiving end according to the communications management plan.
#35 – Monitor Communications process
Monitoring communications process is a process of monitoring and controlling the communications throughout the project life cycle ensuring that the communication meets the stakeholder’s information requirement.
Risk Management Processes:
Project risk management involves identifying the risks, analyze the risk and control the risk. The risk management is done to reduce the impact of risk on project pace. The risk identified can be uncertain and have a huge impact on the resource, processes, technology, and schedule. The 7 processes of risk management lies in planning, executing and monitoring phase.
#36 – Plan Risk Management process
Planning risk management involves preparing the document on identifying risk, prioritizing and managing according to the risk assessment matrix and how to conduct risk assessments activities within the project.
#37 – Identify Risks process
The process of identifying, determining and documenting all the possible risks that may affect the project is Identify Risk process. The main objective of this process is to anticipate the risk before execution. Documentation of all the risk will help in further project activities.
#38 – Perform Qualitative Risk Analysis process
In order to set the risk priorities, the analysis is done on the probability of the risk, the impact of the risk on the project and other risk parameters affecting the project deliverables. The main objective of performing qualitative analysis is to predict and reduce the uncertainty of the risks.
#39 – Perform Quantitative Risk Analysis process
Performing quantitative risk analysis is the process of numerically analyzing the effect parameters of identified risks on overall project activities. This process helps in further prioritization of risks, reducing the uncertainty.
#40 – Plan Risk Responses process
The process of developing action plans against the identified risks to reduce the overall impact on the project. Planning the risk responses involves selecting strategies and agreeing on the actions developed.
#41 – Implement Risk Responses process
The process of implementing risk responses involves executing all the actions planned against identified risks to reduce the uncertainty of the project.
#42 – Monitor Risks process
The process involves monitoring the implemented action plans against risk identified. This process involves tracking of risk responses, analyzing new risks and reducing the risk factor throughout the project.
Procurement Management:
The project procurement management involves obtaining goods, services and supplies. Procurement includes all the materials required to complete the project. 3 procurement management processes are involved in planning, executing and monitoring phase of project management.
#43 – Plan Procurement Management process
The process of documenting the material required, specifying the approach, identifying potential dealers, identifying good service required for the project within the allocated budget and assured quality.
#44 – Conduct Procurements process
The process of selecting the seller, obtaining seller responses and finalizing the procurement requirement with the seller through agreements. The main objective of this process is to ensure procurements are done according to the requirement for deliverables of the project.
#45 – Control Procurements process
The control procurement process involves managing all the procurement relationship and monitoring contract performance. This process also involves deciding the changes related to procurement wherever necessary.
Stakeholder Management
The project stakeholder management is the process of identifying suitable stakeholder for the project and meet the expectation of the selected stakeholder. The success or failure of the project depends on the key stakeholders.
Four project stakeholder processes are involved in initiating, planning, executing, and monitoring and controlling the phase of project management.
#46 – Identify Stakeholders process
The process of identifying stakeholders is done in the initiation phase of the project. Based on performance, experience and skills, the key stakeholders are identified to manage the assigned part of the project.
#47 – Plan Stakeholder Engagement process
The process of determining how to approach different stakeholders for different project activities. The roles and responsibilities of the key stakeholder are planned. The amount of engagement in each part of the project work is assigned to stakeholders.
#48 – Manage Stakeholder Engagement process
The process involving interaction with stakeholders and working with stakeholders to meet their expectations, resolving the issues by stakeholder engagement process. This process has a potential impact on the project.
#49 – Monitor Stakeholder Engagement process
Monitoring the stakeholder engagement process ensures effective interaction and engagement between the project stakeholders. Engagement strategies and plans are executed if necessary.
RECOMMENDED POST:
What is PMP?
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
- PMP Certification Training
- CAPM Certification Training
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
How To Claim PMP Professional Development Units (PDUs)?
:
How To Claim PMP Professional Development Units (PDUs)?
What are PDUs?
Professional Development Units (PDUs) are part of the Continuing Certification Requirements (CCR) program from PMI and are earned in order to maintain the certification.
PMI’s Continuing Certification Requirements (CCR) program supports the ongoing educational and professional development of our certification holders so they are always prepared to meet the demands of today’s complex business environment
Project Management Institute (PMI®) defines PDUs as:
“PDUs are the measuring unit used to quantify approved learning and professional service activities.”
Professional Development Units (PDUs) are one-hour blocks of time that you spend learning, teaching others or volunteering
All the certifications accredited by PMI requires you to earn PDUs except for CAPM certification.
Project Management Professional (PMP®️) certification needs 60 PDUs within 3 years to maintain the credentials.
PDUs can be earned in two different categories.
- Education PDUs:
Education PDUs can be earned by attending professional seminars, classes, webinars or self-directed learning.
- Giving Back PDUs:
Giving Back PDUs can be earned by volunteering, mentoring, working with professional groups.
What are the requirements to earn PDUs?
To maintain the PMP Credentials, you need to earn 60 PDUs in the 3-year cycle. The 60 PDUs are then broken down into two categories:
- 35 Minimum Education PDUs aligned with PMI talent triangle
- 25 Maximum Giving Back PDUs (Optional)
60 PDUs are required to renew the PMP certification. The 60 PDUs can be achieved by meeting the following requirements of PDU.
You must earn a minimum of 8 PDUs in each skill of PMI Talent Triangle- Technical, Leadership, Strategic and Business Management.
The purpose of earning PDUs aligned with PMI Talent Triangle is to make the certified professional more skilled and attain equal balance on all the updated skills- technical, leadership and strategic and business management skills.
It is not mandatory to earn PDUs by giving back through volunteering or mentoring. You can earn all the 60 PDUs through education aligned with a PMI Talent Triangle
You have to earn a minimum of 35 PDUs in education and you can earn a maximum of 25 PDUs in Giving Back.
In giving away PDUs, you can earn a maximum of 8 PDUs by applying skills and contributing to the profession.
You can earn 17PDUs by sharing knowledge, conducting seminars, volunteering with PMI.
What are the ways to earn educational PDUs?
In the ever-changing field of project management, it is very important to keep your knowledge up-to-date. In order to maintain PMP credential, you need to earn 60 PDUs out of which you must earn a minimum of 35 educational PDUs. The following are the ways to earn educational PDUs:
1. Course: Take a course relevant to the subject by education providers, training companies or PMI R.E.Ps.
Same as contact hour, one hour of instruction equals to 1 PDU
2. Meetings: Attend educational sessions organized by the company. You can also attend PMI chapters to earn PDUs. Typically limited to 1-2 PDUs
3. Online: Self-paced e-learning, watching videos or webinars can earn PDUs. Any content relevant to PMI Talent Triangles skill area topic can be valid to earn PDUs
4. Read: Reading articles, blogs or whitepapers relevant to the subject can also be considered as PDUs
5. Informal learning: You can earn PDUs by engaging in structured professional discussions with others or any interactive sessions relevant to PMI Talent Triangle. For example, while you’re being mentored or participating in a “lunch and learn” session with your organization.
What are the ways to earn Giving Back PDUs?
Sharing knowledge or giving back to the profession is a great way to expand your skills and knowledge. PMI is providing this opportunity to all the PMP holders. The following are the ways to earn educational PDUs:
1. Work as a Practitioner: You can earn PDUs by applying knowledge and skills in a practical setting relevant to the certification.
This activity has a maximum number of PDUs that can be claimed per cycle: 8 PDUs for PMP Certified professional.
2. Create Content: You can earn PDUs by creating content such as articles, blogs, webinars, videos or any content relevant to the subject.
3. Give a Presentation: If you give a presentation in PMI chapter or your organization, you can claim PDUs.
4. Share Knowledge: The time spent in teaching, mentoring can be claimed for PDUs.
5. Volunteer: Become a volunteer in PMI and other organization who relies on volunteers and earn PDUs
Note: All the ways of earning PDUs need supporting document to present if you get selected for the audit process.
How to renew the certification through CCRS?
The time you start earning your PDUs, record your PDUs in the Continuing Certification Requirements System (CCRS). CCRS helps you to track your progress against CCR requirements. The fractions of PDU can also be reported in CCRS. The process of the CCR system is as follows:
After PMI confirms that you have met the PDU requirements, PMI will notify you to submit the renewal payment.
The renewal fees are as follows:
*Note: PMI’s membership renewal fee is different and separate than the certification renewal fee.
After processing the completed application and the renewal payment, PMI will send you an updated certificate with the new active certification/CCR cycle dates.
If you do not satisfy the CCR program requirements within your current cycle dates, you will be placed in suspended status. The suspension period lasts one year (12 months).
Is there any audit process for renewal of PMP certification?
Yes, there is an audit process. It is important to keep all the documentation related to PDUs for at least 18 months after the CCR cycle has ended.
The documents required for each way of earning PDU is given in the CCR Handbook.
Note: If you earn more than the required PDUs in your CCR cycle, you may apply a portion of the PDUs to your next cycle. Only PDUs earned in the final year (12 months) of your certification cycle can be applied to a future cycle.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
How To Claim PMP Professional Development Units (PDUs)?
What are PDUs?
Professional Development Units (PDUs) are part of the Continuing Certification Requirements (CCR) program from PMI and are earned in order to maintain the certification.
PMI’s Continuing Certification Requirements (CCR) program supports the ongoing educational and professional development of our certification holders so they are always prepared to meet the demands of today’s complex business environment
Project Management Institute (PMI®) defines PDUs as:
“PDUs are the measuring unit used to quantify approved learning and professional service activities.”
Professional Development Units (PDUs) are one-hour blocks of time that you spend learning, teaching others or volunteering
All the certifications accredited by PMI requires you to earn PDUs except for CAPM certification.
Project Management Professional (PMP®️) certification needs 60 PDUs within 3 years to maintain the credentials.
PDUs can be earned in two different categories.
- Education PDUs:
Education PDUs can be earned by attending professional seminars, classes, webinars or self-directed learning.
- Giving Back PDUs:
Giving Back PDUs can be earned by volunteering, mentoring, working with professional groups.
What are the requirements to earn PDUs?
To maintain the PMP Credentials, you need to earn 60 PDUs in the 3-year cycle. The 60 PDUs are then broken down into two categories:
- 35 Minimum Education PDUs aligned with PMI talent triangle
- 25 Maximum Giving Back PDUs (Optional)
60 PDUs are required to renew the PMP certification. The 60 PDUs can be achieved by meeting the following requirements of PDU.
You must earn a minimum of 8 PDUs in each skill of PMI Talent Triangle- Technical, Leadership, Strategic and Business Management.
The purpose of earning PDUs aligned with PMI Talent Triangle is to make the certified professional more skilled and attain equal balance on all the updated skills- technical, leadership and strategic and business management skills.
It is not mandatory to earn PDUs by giving back through volunteering or mentoring. You can earn all the 60 PDUs through education aligned with a PMI Talent Triangle
You have to earn a minimum of 35 PDUs in education and you can earn a maximum of 25 PDUs in Giving Back.
In giving away PDUs, you can earn a maximum of 8 PDUs by applying skills and contributing to the profession.
You can earn 17PDUs by sharing knowledge, conducting seminars, volunteering with PMI.
What are the ways to earn educational PDUs?
In the ever-changing field of project management, it is very important to keep your knowledge up-to-date. In order to maintain PMP credential, you need to earn 60 PDUs out of which you must earn a minimum of 35 educational PDUs. The following are the ways to earn educational PDUs:
1. Course: Take a course relevant to the subject by education providers, training companies or PMI R.E.Ps.
Same as contact hour, one hour of instruction equals to 1 PDU
2. Meetings: Attend educational sessions organized by the company. You can also attend PMI chapters to earn PDUs. Typically limited to 1-2 PDUs
3. Online: Self-paced e-learning, watching videos or webinars can earn PDUs. Any content relevant to PMI Talent Triangles skill area topic can be valid to earn PDUs
4. Read: Reading articles, blogs or whitepapers relevant to the subject can also be considered as PDUs
5. Informal learning: You can earn PDUs by engaging in structured professional discussions with others or any interactive sessions relevant to PMI Talent Triangle. For example, while you’re being mentored or participating in a “lunch and learn” session with your organization.
What are the ways to earn Giving Back PDUs?
Sharing knowledge or giving back to the profession is a great way to expand your skills and knowledge. PMI is providing this opportunity to all the PMP holders. The following are the ways to earn educational PDUs:
1. Work as a Practitioner: You can earn PDUs by applying knowledge and skills in a practical setting relevant to the certification.
This activity has a maximum number of PDUs that can be claimed per cycle: 8 PDUs for PMP Certified professional.
2. Create Content: You can earn PDUs by creating content such as articles, blogs, webinars, videos or any content relevant to the subject.
3. Give a Presentation: If you give a presentation in PMI chapter or your organization, you can claim PDUs.
4. Share Knowledge: The time spent in teaching, mentoring can be claimed for PDUs.
5. Volunteer: Become a volunteer in PMI and other organization who relies on volunteers and earn PDUs
Note: All the ways of earning PDUs need supporting document to present if you get selected for the audit process.
How to renew the certification through CCRS?
The time you start earning your PDUs, record your PDUs in the Continuing Certification Requirements System (CCRS). CCRS helps you to track your progress against CCR requirements. The fractions of PDU can also be reported in CCRS. The process of the CCR system is as follows:
After PMI confirms that you have met the PDU requirements, PMI will notify you to submit the renewal payment.
The renewal fees are as follows:
*Note: PMI’s membership renewal fee is different and separate than the certification renewal fee.
After processing the completed application and the renewal payment, PMI will send you an updated certificate with the new active certification/CCR cycle dates.
If you do not satisfy the CCR program requirements within your current cycle dates, you will be placed in suspended status. The suspension period lasts one year (12 months).
Is there any audit process for renewal of PMP certification?
Yes, there is an audit process. It is important to keep all the documentation related to PDUs for at least 18 months after the CCR cycle has ended.
The documents required for each way of earning PDU is given in the CCR Handbook.
Note: If you earn more than the required PDUs in your CCR cycle, you may apply a portion of the PDUs to your next cycle. Only PDUs earned in the final year (12 months) of your certification cycle can be applied to a future cycle.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
How to Pass the PMP® Certification Exam In Your First Attempt | Four Steps to Follow to Clear the PMP® Examination
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Four Steps To Follow To Clear The PMP Exam In Your First Attempt
Project Management Professional (PMP®️) Certification is the most valuable certification in the field of project management due to its relevance, demand and trend in the market. It is accredited by the Project Management Institute (PMI®️). According to PMI, PMP is considered as the gold standard of project management certifications and applies to project management in general. Therefore PMP commands the same reverence in any industry.
The four steps you need to follow to clear the PMP exam are:
1. Know everything about eligibility criteria
2. Record your Project Management experience
3. Prepare for PMP exam and manage your time
4. Plan effectively during an exam
1. Know everything about eligibility criteria
According to PMI’s PMP Handbook, the following table shows the eligibility criteria to attempt the PMP exam.
PROJECT MANAGEMENT EXPERIENCE
4500 or 7500 hours in leading and directing projects can be defined as an experience in any role which falls under project management processes.
- Initiating
- Planning
- Executing
- Monitoring and Controlling
- Closing
A leading or directing role can be,
- Supervisor
- Team leader
- Assistant project manager
- Project Manager
- Project coordinators
- Any role participating in project management processes
You need references related to all the projects and validation by your reporting manager to experience and description to qualify the audit process.
If you fail the audit process, there is a one-year suspension period to apply for that certification again.
It is not necessary to have” Project Manager” designation in all the projects you worked on.
4500 or 7500 hours of experience can include all the experience you worked in project management processes. For every project, you do not need to have experience in all five process groups.
In PMI’s PMP handbook, it is mentioned that the experience does not necessarily have to be paid work, but it does need to be in a professional setting.
PROJECT MANAGEMENT EDUCATION
35 contact hours of project management education is a formal education that addresses the learning objective of project management in terms of hours. It can be attained by any mode of training such as classroom training, online training or e-learning.
You need to document your 35 hours of ‘contact hours’ prior to filling the PMP application.
35 hours of project management education is mandatory for both a four-year degree holder and a high school graduate.
35 hours of project management education helps you to understand the fundamentals of A Guide to the Project Management Body of Knowledge (PMBOK® Guide) on which the PMP exam is based.
You can attain 35 contact hours of project management by taking up professional courses, workshops and training sessions offered by,
- PMI registered education providers (R.E.P.s)
- Employer/ company-sponsored programs
- Training companies or consultants
- Distance-learning companies, including an end-of-course assessment
- University/college academic and continuing education programs
- PMI Chapters
What does not count as contact hours?
- PMI Chapter meeting with no learning activity.
- Self-study
- Management degree or post-graduation in management which cannot be mapped in project management knowledge
You need documents related to project management education to qualify the audit process.
If you fail the audit process, there is a one-year suspension period to apply for that certification again.
2. Record your Project management experience
Project management experience is required to be filled in hours. The qualifying hours are based on five domains of project management- Initiating, planning, executing, controlling and monitoring, and closing.
The qualifying hours of project management experience is to be filled for each project with respect to domains. PMI rejects the application if you do not explain your project management experience and project individually. It is time consuming and critical process. PMI provides 90 days to fill the application form.
It is advised to work on qualifying hours in a spreadsheet or in table format to record your project management experiences clearly.
You can use the following calculation to record your experience in hours:
Project hours = Average number of working days in a month x Average number of productive hours a day x Number of months worked on that project
- There are only 8 hours in a day.
- Five days and therefore 40 hours in a workweek
- Deducting the vacations that are around 2 weeks in a calendar year leaves us with 50 workweeks.
- 50 workweeks translate to 2000 hours in a year.
- PMI recognizes only the first 40 hours each week.
- Non-overlapping hours cannot be accounted for.
- Therefore, the total experience required works out to 4500 hours or 3 years.
The process of filling project management experiences in a PMP application form requires 5 sets of information.
- Project information
- Industry you worked
- Project title
- Start and end date of the project
- Role or Designation
- Start and end date of the project
Project
Industry
Start Date
End Date
Designation
Contact Information
Domains
Hours
Initiating
Planning
Executing
Monitoring and controlling
Closing
- Details of the organizations (if multiple) you work/worked.
- Reference contact in each organization
- Hours of project management experience per each domain
- Summary of Project management experience
Fill the PMP application form step by step as given in our blog post: The Step By Step Procedure To Fill The Application Form
3. Prepare for PMP exam and manage your time
Preparation is the most critical factor in becoming a certified Project Management Professional (PMP). Depending on the prerequisites and preparedness it is possible to get a PMP certification in 8 to 12 weeks after applying to PMI.
The PMP exam covers the basic principles of the 5 Project Management Process Groups. Initiating, Planning, Executing, Monitoring and Controlling, and Closing. It is based on the content in PMI’s PMBOK (Product Management Body of Knowledge) Guide. Please note that PMBOK is one of the reference materials for the PMP certification exam. You need to spend time on other study materials to better prepare yourself. For your information, the reference for the current PMP exam is the sixth edition of the PMBOK, published in 2017.
The PMP exam covers the following five domains. The focus on the domains is not equally spread and going by the details presented below, the emphasis on some domains is higher than others in the exam.
The difficulty of the PMP exam lies in your ability to become acquainted with the concepts and course of study. While the domains cover the fundamentals of project management, there are 10 knowledge areas considered the core of project management. For a detailed breakdown of the domain, please check the PMP exam content outline.
4.Plan effectively during an exam
The exam format for the PMP exam is quite challenging to clear. The PMP exam is multiple choice and consists of 200 questions. Not all the 200 questions are counted. Only 175 out of the 200 are graded. The balance 25 are “pretest questions” which will not be counted for scoring.
- The 25 questions are spread across the 200 questions and you will not know which is the “pretest question”.
- You might spend too much on a “pretest question” for which there is no score.
- If the pretest question happens to be difficult, it might adversely impact the morale and confidence in your overall performance.
So, it is advisable not to waste time on only one question if you are not sure. Go ahead and solve all the answers which you surely know.
The time limit for the PMP exam is 4 hours. 1.2 minutes per question. There is no negative marking. Plan accordingly.
There are no scheduled breaks during the exam, although you are allowed to take a break if needed.
Remember all the points taught in PMP Bootcamp and apply accordingly.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
Four Steps To Follow To Clear The PMP Exam In Your First Attempt
Project Management Professional (PMP®️) Certification is the most valuable certification in the field of project management due to its relevance, demand and trend in the market. It is accredited by the Project Management Institute (PMI®️). According to PMI, PMP is considered as the gold standard of project management certifications and applies to project management in general. Therefore PMP commands the same reverence in any industry.
The four steps you need to follow to clear the PMP exam are:
1. Know everything about eligibility criteria
2. Record your Project Management experience
3. Prepare for PMP exam and manage your time
4. Plan effectively during an exam
1. Know everything about eligibility criteria
According to PMI’s PMP Handbook, the following table shows the eligibility criteria to attempt the PMP exam.
PROJECT MANAGEMENT EXPERIENCE
4500 or 7500 hours in leading and directing projects can be defined as an experience in any role which falls under project management processes.
- Initiating
- Planning
- Executing
- Monitoring and Controlling
- Closing
A leading or directing role can be,
- Supervisor
- Team leader
- Assistant project manager
- Project Manager
- Project coordinators
- Any role participating in project management processes
You need references related to all the projects and validation by your reporting manager to experience and description to qualify the audit process.
If you fail the audit process, there is a one-year suspension period to apply for that certification again.
It is not necessary to have” Project Manager” designation in all the projects you worked on.
4500 or 7500 hours of experience can include all the experience you worked in project management processes. For every project, you do not need to have experience in all five process groups.
In PMI’s PMP handbook, it is mentioned that the experience does not necessarily have to be paid work, but it does need to be in a professional setting.
PROJECT MANAGEMENT EDUCATION
35 contact hours of project management education is a formal education that addresses the learning objective of project management in terms of hours. It can be attained by any mode of training such as classroom training, online training or e-learning.
You need to document your 35 hours of ‘contact hours’ prior to filling the PMP application.
35 hours of project management education is mandatory for both a four-year degree holder and a high school graduate.
35 hours of project management education helps you to understand the fundamentals of A Guide to the Project Management Body of Knowledge (PMBOK® Guide) on which the PMP exam is based.
You can attain 35 contact hours of project management by taking up professional courses, workshops and training sessions offered by,
- PMI registered education providers (R.E.P.s)
- Employer/ company-sponsored programs
- Training companies or consultants
- Distance-learning companies, including an end-of-course assessment
- University/college academic and continuing education programs
- PMI Chapters
What does not count as contact hours?
- PMI Chapter meeting with no learning activity.
- Self-study
- Management degree or post-graduation in management which cannot be mapped in project management knowledge
You need documents related to project management education to qualify the audit process.
If you fail the audit process, there is a one-year suspension period to apply for that certification again.
2. Record your Project management experience
Project management experience is required to be filled in hours. The qualifying hours are based on five domains of project management- Initiating, planning, executing, controlling and monitoring, and closing.
The qualifying hours of project management experience is to be filled for each project with respect to domains. PMI rejects the application if you do not explain your project management experience and project individually. It is time consuming and critical process. PMI provides 90 days to fill the application form.
It is advised to work on qualifying hours in a spreadsheet or in table format to record your project management experiences clearly.
You can use the following calculation to record your experience in hours:
Project hours = Average number of working days in a month x Average number of productive hours a day x Number of months worked on that project
- There are only 8 hours in a day.
- Five days and therefore 40 hours in a workweek
- Deducting the vacations that are around 2 weeks in a calendar year leaves us with 50 workweeks.
- 50 workweeks translate to 2000 hours in a year.
- PMI recognizes only the first 40 hours each week.
- Non-overlapping hours cannot be accounted for.
- Therefore, the total experience required works out to 4500 hours or 3 years.
The process of filling project management experiences in a PMP application form requires 5 sets of information.
- Project information
- Industry you worked
- Project title
- Start and end date of the project
- Role or Designation
- Start and end date of the project
Project |
Industry |
Start Date |
End Date |
Designation |
Contact Information |
Domains |
Hours |
|
|
|
|
|
|
Initiating |
|
Planning |
|
||||||
Executing |
|
||||||
Monitoring and controlling |
|
||||||
Closing |
|
- Details of the organizations (if multiple) you work/worked.
- Reference contact in each organization
- Hours of project management experience per each domain
- Summary of Project management experience
Fill the PMP application form step by step as given in our blog post: The Step By Step Procedure To Fill The Application Form
3. Prepare for PMP exam and manage your time
Preparation is the most critical factor in becoming a certified Project Management Professional (PMP). Depending on the prerequisites and preparedness it is possible to get a PMP certification in 8 to 12 weeks after applying to PMI.
The PMP exam covers the basic principles of the 5 Project Management Process Groups. Initiating, Planning, Executing, Monitoring and Controlling, and Closing. It is based on the content in PMI’s PMBOK (Product Management Body of Knowledge) Guide. Please note that PMBOK is one of the reference materials for the PMP certification exam. You need to spend time on other study materials to better prepare yourself. For your information, the reference for the current PMP exam is the sixth edition of the PMBOK, published in 2017.
The PMP exam covers the following five domains. The focus on the domains is not equally spread and going by the details presented below, the emphasis on some domains is higher than others in the exam.
The difficulty of the PMP exam lies in your ability to become acquainted with the concepts and course of study. While the domains cover the fundamentals of project management, there are 10 knowledge areas considered the core of project management. For a detailed breakdown of the domain, please check the PMP exam content outline.
4.Plan effectively during an exam
The exam format for the PMP exam is quite challenging to clear. The PMP exam is multiple choice and consists of 200 questions. Not all the 200 questions are counted. Only 175 out of the 200 are graded. The balance 25 are “pretest questions” which will not be counted for scoring.
- The 25 questions are spread across the 200 questions and you will not know which is the “pretest question”.
- You might spend too much on a “pretest question” for which there is no score.
- If the pretest question happens to be difficult, it might adversely impact the morale and confidence in your overall performance.
So, it is advisable not to waste time on only one question if you are not sure. Go ahead and solve all the answers which you surely know.
The time limit for the PMP exam is 4 hours. 1.2 minutes per question. There is no negative marking. Plan accordingly.
There are no scheduled breaks during the exam, although you are allowed to take a break if needed.
Remember all the points taught in PMP Bootcamp and apply accordingly.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What are the Benefits of Project Cost Management?
:
What are the Benefits of Project Cost Management?
The benefits of Project Cost Management are:
1. Accountability
2. Lowers Expenses leads to lower project costs
3. Enhanced Efficiency
4. Financial Planning
5. Savings
6. Stress Relief
7. Operational Efficiency
8. Procurement Value
9. Systematize Technology
10. Prioritization
Project Cost Management
According to PMBOK® Guide – Sixth Edition Project cost management is defined as Project cost management includes the processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs so the project can be completed within the approved budget.
Cost management is the process of estimating, apportioning, and controlling the costs in a project. A project manager should possess a strong sense of anticipation – even in cost estimation. Any change translates to cost and obviously out of scope. It is a matter of discretion to entertain the change at no cost or ‘at cost’ and a project manager is expected to have a sixth sense to see it coming. Usually what appears as cosmetics with little impact on scope and cost are the ones that derail the project slipping on schedule, resulting in cost overrun and scope creep. So, Predicting and preempting costs to factor during estimation and budgeting will prove critical to the project making a profit or bleed red.
Project cost management is used to forecast costs and manage them effectively. Projects can be challenging and if unchecked and uncontrolled, go over the budget. A good Project Cost Management can keep the project under check and well within budget.
For all the project costs, it is the Project cost management that determines the baseline. Effective and efficient cost management makes sure the project runs on track within budget and as per planned scope. Without Cost Management, the project can bleed, costs can go above project profit and result in a loss.
The project manager must have a strong grip on the cost, hence cost control is one of the most crucial aspects of project management. Time, scope and resource management are as important in achieving the goal, but cost management will have the ultimate bearing on a project’s outcome. The project manager’s prowess lies in organizing tasks with an eye on the cost to stay within the estimates.
Cost Management
Cost Management helps the project manager in foreseeing expenses and prepare to act accordingly by putting in place precautionary measures. To reduce the overall costs of a project, Cost Management is assigned the highest priority. Cost Management starts right from the initial planning phase and goes all the way to project completion and handover.
A project manager must exercise strict control over the cost to manage the project budget. The project manager at all times should be conscious about the costs incurred and the funds allocated to maintain and manage the project’s cost-expense within budget. There can be no lapse as it will lead to stretching the project estimate and consequently the project goes over the budget. To effectively control the cost, the project manager must recognize the needs for which funds have to be allocated. This is required for estimation and also study the allocated versus actual cost. The balance in the allocated and actuals costs will determine the cost overrun. These are the aspects a project manager must always focus on: the estimated cost, approved cost, the budget sanctioned, allocated versus actual cost.
What is Project cost?
It is during the project planning phase, cost estimation is done and the estimation needs approval from the stakeholders - the client or customer or upper management. It is only after the approval, the project execution begins.
The project manager records all the expenses incurred as the project moves in phases and keeps track of all the expenditures to monitor and control so that the project is maintained within the estimate. All the expenses are documented to study for any deviations during the project. The study becomes useful references while estimating costs and preparing cost management plans for other or future projects.
The project cost is the sum of the costs incurred to procure the necessary resources and services required to execute the project successfully to completion.
There is no project without a budget. Time, Scope and cost are the critical components of project management, and directly proportionate. Impact on anyone will affect the other two. If the project cannot be completed within the project cost, it’s a failure. There are tolerance levels set but if the costs climb higher and exceed the estimation, the project is set for failure. Therefore, it is imperative to get the cost estimation correct. To work out the accurate estimation, it is essential to understand the different types of project costs. By strategically reducing the cost spending in acquiring the required resources will result in significant benefits.
What are the Types of Project Costs?
There are 5 types of project costs incurred in any project. They are
- Fixed Cost - any Cost which is fixed throughout the project and does not fluctuate.
- Variable Cost – any cost which changes in proportion to a product or has a high tendency to variate
- Direct Costs - Costs that are directly linked to the budget of the project.
- Indirect Costs - costs that are not particularly connected to the project but shared across multiple projects.
- Sunk Cost - Sunk Costs are costs which are already spent, but have failed to generate any business value for the project.
Total Project Cost:
The Total Project Cost (TPC) is calculated by putting together the fixed cost and variable cost and Other Project Costs (OPC). It is important to get the total project cost accurate or close to the accurate figure with minimal tolerance as it would severely impact the project scope and schedule resulting in cost overrun.
The Benefits Of Project Cost Management
Some of the benefits of cost control management are compiled below.
1. Accountability
Cost management leads to the accountability of the people engaged in a project. The people or team are assigned tasks with a definite deadline and any delay in completion would become an additional cost. Slippage in the schedule is actually cost accrued which is not healthy for the project’s profit. Thus accounting for billable hours leads to impacts productivity. The person or team member completing on time accounts for the billable hours scheduled.
2. Lowers Expenses leads to lower project costs
Effective cost management lowers the overall expenses. By defining proper procedures, the company can save on spending, thus lowering the expenses and use the saved funds for procuring other resources or services. This, in turn, contributes to the overall growth of the company.
3. Enhanced Efficiency
Cost management helps to identify the tasks that are running as scheduled within the budget and those tasks that are exceeding the allocated budget. The project manager can take a call about the contingency plans to control keep the cost breach.
4. Financial Planning
One of the main objectives of cost management is organized spending through a disciplined approach in financial planning and accounting. The project manager can create a better budget once the requirement on the various resource is known, so as to invest in the right resources at the right hour. The plan also sets up boundaries as upper limits on spending.
5. Savings
A dollar saved is a dollar earned. By savings, the funds that sometimes get spent on the unresourceful tasks can be identified and redirected to other activities purposeful. This can be achieved by carefully defining the cost control procedures to close the plug on leaking money, which positively reflects on the fiscal goals.
6. Stress Relief
When managed well, cost and time management reduces stress. Effective cost control enhances the discipline in spending that lessens the worries about the expenses that may have to be met. It provides a buffer and eases the pressure on payments.
7. Operational Efficiency
Cost Management helps in enhancing Operational Efficiency by tracking the activities that have breakdowns and consumes funds far more than allocated. It provides visibility to the project manager to focus on those activities in line with the budget and act upon those that exceed the estimated amount.
8. Procurement Value
Cost management helps in the review of goods and services offered by vendors and empowers the project manager the width to bargain and arrive at a figure that’s an advantage to the company. It is about getting the value for the money invested.
9. Systematize Technology
Every project or business process involves technology and companies need to invest, like automation or tools, sometimes the choice of technology can be questionable as companies overspend or invest in technology that’s not necessary. Cost management imposes budget constraints which makes the project manager more conscious about making the right choice: either step-up technology or just simplify.
10. Prioritization
If there are multiple projects that mostly engage in time and cost management, not all the projects can be engaged as proposed. So, which project to fund first? Cost management helps in prioritizing the projects that deserve the funds.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
What are the Benefits of Project Cost Management?
The benefits of Project Cost Management are:
1. Accountability
2. Lowers Expenses leads to lower project costs
3. Enhanced Efficiency
4. Financial Planning
5. Savings
6. Stress Relief
7. Operational Efficiency
8. Procurement Value
9. Systematize Technology
10. Prioritization
Project Cost Management
According to PMBOK® Guide – Sixth Edition Project cost management is defined as Project cost management includes the processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs so the project can be completed within the approved budget.
Cost management is the process of estimating, apportioning, and controlling the costs in a project. A project manager should possess a strong sense of anticipation – even in cost estimation. Any change translates to cost and obviously out of scope. It is a matter of discretion to entertain the change at no cost or ‘at cost’ and a project manager is expected to have a sixth sense to see it coming. Usually what appears as cosmetics with little impact on scope and cost are the ones that derail the project slipping on schedule, resulting in cost overrun and scope creep. So, Predicting and preempting costs to factor during estimation and budgeting will prove critical to the project making a profit or bleed red.
Project cost management is used to forecast costs and manage them effectively. Projects can be challenging and if unchecked and uncontrolled, go over the budget. A good Project Cost Management can keep the project under check and well within budget.
For all the project costs, it is the Project cost management that determines the baseline. Effective and efficient cost management makes sure the project runs on track within budget and as per planned scope. Without Cost Management, the project can bleed, costs can go above project profit and result in a loss.
The project manager must have a strong grip on the cost, hence cost control is one of the most crucial aspects of project management. Time, scope and resource management are as important in achieving the goal, but cost management will have the ultimate bearing on a project’s outcome. The project manager’s prowess lies in organizing tasks with an eye on the cost to stay within the estimates.
Cost Management
Cost Management helps the project manager in foreseeing expenses and prepare to act accordingly by putting in place precautionary measures. To reduce the overall costs of a project, Cost Management is assigned the highest priority. Cost Management starts right from the initial planning phase and goes all the way to project completion and handover.
A project manager must exercise strict control over the cost to manage the project budget. The project manager at all times should be conscious about the costs incurred and the funds allocated to maintain and manage the project’s cost-expense within budget. There can be no lapse as it will lead to stretching the project estimate and consequently the project goes over the budget. To effectively control the cost, the project manager must recognize the needs for which funds have to be allocated. This is required for estimation and also study the allocated versus actual cost. The balance in the allocated and actuals costs will determine the cost overrun. These are the aspects a project manager must always focus on: the estimated cost, approved cost, the budget sanctioned, allocated versus actual cost.
What is Project cost?
It is during the project planning phase, cost estimation is done and the estimation needs approval from the stakeholders - the client or customer or upper management. It is only after the approval, the project execution begins.
The project manager records all the expenses incurred as the project moves in phases and keeps track of all the expenditures to monitor and control so that the project is maintained within the estimate. All the expenses are documented to study for any deviations during the project. The study becomes useful references while estimating costs and preparing cost management plans for other or future projects.
The project cost is the sum of the costs incurred to procure the necessary resources and services required to execute the project successfully to completion.
There is no project without a budget. Time, Scope and cost are the critical components of project management, and directly proportionate. Impact on anyone will affect the other two. If the project cannot be completed within the project cost, it’s a failure. There are tolerance levels set but if the costs climb higher and exceed the estimation, the project is set for failure. Therefore, it is imperative to get the cost estimation correct. To work out the accurate estimation, it is essential to understand the different types of project costs. By strategically reducing the cost spending in acquiring the required resources will result in significant benefits.
What are the Types of Project Costs?
There are 5 types of project costs incurred in any project. They are
- Fixed Cost - any Cost which is fixed throughout the project and does not fluctuate.
- Variable Cost – any cost which changes in proportion to a product or has a high tendency to variate
- Direct Costs - Costs that are directly linked to the budget of the project.
- Indirect Costs - costs that are not particularly connected to the project but shared across multiple projects.
- Sunk Cost - Sunk Costs are costs which are already spent, but have failed to generate any business value for the project.
Total Project Cost:
The Total Project Cost (TPC) is calculated by putting together the fixed cost and variable cost and Other Project Costs (OPC). It is important to get the total project cost accurate or close to the accurate figure with minimal tolerance as it would severely impact the project scope and schedule resulting in cost overrun.
The Benefits Of Project Cost Management
Some of the benefits of cost control management are compiled below.
1. Accountability
Cost management leads to the accountability of the people engaged in a project. The people or team are assigned tasks with a definite deadline and any delay in completion would become an additional cost. Slippage in the schedule is actually cost accrued which is not healthy for the project’s profit. Thus accounting for billable hours leads to impacts productivity. The person or team member completing on time accounts for the billable hours scheduled.
2. Lowers Expenses leads to lower project costs
Effective cost management lowers the overall expenses. By defining proper procedures, the company can save on spending, thus lowering the expenses and use the saved funds for procuring other resources or services. This, in turn, contributes to the overall growth of the company.
3. Enhanced Efficiency
Cost management helps to identify the tasks that are running as scheduled within the budget and those tasks that are exceeding the allocated budget. The project manager can take a call about the contingency plans to control keep the cost breach.
4. Financial Planning
One of the main objectives of cost management is organized spending through a disciplined approach in financial planning and accounting. The project manager can create a better budget once the requirement on the various resource is known, so as to invest in the right resources at the right hour. The plan also sets up boundaries as upper limits on spending.
5. Savings
A dollar saved is a dollar earned. By savings, the funds that sometimes get spent on the unresourceful tasks can be identified and redirected to other activities purposeful. This can be achieved by carefully defining the cost control procedures to close the plug on leaking money, which positively reflects on the fiscal goals.
6. Stress Relief
When managed well, cost and time management reduces stress. Effective cost control enhances the discipline in spending that lessens the worries about the expenses that may have to be met. It provides a buffer and eases the pressure on payments.
7. Operational Efficiency
Cost Management helps in enhancing Operational Efficiency by tracking the activities that have breakdowns and consumes funds far more than allocated. It provides visibility to the project manager to focus on those activities in line with the budget and act upon those that exceed the estimated amount.
8. Procurement Value
Cost management helps in the review of goods and services offered by vendors and empowers the project manager the width to bargain and arrive at a figure that’s an advantage to the company. It is about getting the value for the money invested.
9. Systematize Technology
Every project or business process involves technology and companies need to invest, like automation or tools, sometimes the choice of technology can be questionable as companies overspend or invest in technology that’s not necessary. Cost management imposes budget constraints which makes the project manager more conscious about making the right choice: either step-up technology or just simplify.
10. Prioritization
If there are multiple projects that mostly engage in time and cost management, not all the projects can be engaged as proposed. So, which project to fund first? Cost management helps in prioritizing the projects that deserve the funds.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Comparison of PMP® and PRINCE2® Certifications
:
Comparison of PMP® and PRINCE2® Certifications
PMP and PRINCE2 both are project management certification globally recognized and highly valued.
According to the statistics report by WRIKE,
“80 percent of high-performing projects are led by a certified project manager”.
PMP- Project Management Professional (PMP®) certification is an industry-recognized credential offered by the Project Management Institute (PMI®). The PMP certification validates the experience, knowledge, expertise, capability, competency and required skills to lead and manage projects. PMP certification is the most recognized and sought after project management certification.
PRINCE2 is an acronym for PRojects IN Controlled Environments and the "2" refers to its relaunch in October 1996. It is the non-proprietary process-based project management methodology and owned by AXELOS. PRINCE2 is mainly focused to establish,
- Control at the commencement.
- Progression of the project.
- Termination of projects.
In the UK, PRINCE2® (Projects in Controlled Environments) is considered the de facto standard for IT project management. PRINCE2 doesn’t define the project as a temporary endeavor, rather as a project management method it delivers based on a business case.
PRINCE2 is a certification program owned by AXELOS and this method is sustained by a scheme that offers four levels of certification:
- PRINCE2 Foundation
- PRINCE2 Practitioner
- PRINCE2 Agile Foundation
- PRINCE2 Agile Practitioner.
Eligibility Criteria
The eligibility criteria for PMP examination:
PRINCE2:
There is no formal prerequisite to take up PRINCE2 Foundation Certification and PRINCE2 Agile Foundation Certification. PRINCE2 Foundation certificate can be a prerequisite to the PRINCE2 Practitioner course.
Methodology Used:
PMP:
PMP methodology is based on A Guide to the Project Management Body of Knowledge (PMBOK® Guide) 6th Edition published by PMI. It includes 5 processes of project management:
- Initiating
- Panning
- Executing
- Monitoring and controlling
- Closing
PRINCE2:
The PRINCE2 method comprises four integrated elements of principles, themes, processes, and the project environment.
7 Processes of PRINCE2
- Starting up a project.
- Directing a project.
- Initiating a project.
- Controlling a stage.
- Managing product delivery.
- Managing a stage boundary.
- Closing a project.
Target Audience:
PMP:
The target audience for PMP Certification:
- Project Manager
- Project Coordinators,
- Supervisor for PMO
- Team Manager
- Team Leader
PRINCE2:
The target audience for PRINCE2 Certification:
- Project Managers
- Team Leaders
- Business Analyst
Exam Format:
PMP exam:
There is no passing score for the PMP exam. Evaluation is based on the difficulty level of the exam.
PRINCE2 exam:
PRINCE2 Foundation exam:
Questions: 60 Multiple Choice Questions
Duration: 60 minutes
Qualifying points: 33 out of 60 (55%)
PRINCE2 Practitioner exam:
Questions: 68 Multiple Choice Questions
Duration: 150 minutes
Qualifying points: 38 out of 68 (55%)
Benefits:
Benefits of PMP:
- Expand the scope of your career and increase your salary
- Showcase your proficiency in Project Management with a global certification
- A PMP Credential Expands Your Market Reach and Scope
- Explore More Job Opportunities
- Get opportunities for spearheading challenging projects
- PMPs adopt enhanced Project Management skills and demonstrate superior project performance
- A PMP credential is a means to recession-proof your career
Benefits of PRINCE2 :
- PRINCE2 is a globally recognized certification that validates your knowledge of techniques of project management.
- PRINCE2 provides step by step guidance to manage the project and delivers confidence for internal and external stakeholders.
- It broadly focuses on techniques related to project management.
- Enables you to execute any kind of project with great ease.
- Highlights on both project and process.
- PRINCE2 helps you to strategize your plans more skillfully.
- It enables you to solve the problems associated with the project more effectively.
- Enhance your project management skills.
- PRINCE2 enables you to control resources and risks effectively.
Demand for PMP and PRINCE2
PMP:
The earning potential increases with experience and progress of knowledge. According to Earning Power: Project Management Salary Survey, 10th Edition, certified PMP professionals earn a 23% higher salary on average across 37 countries surveyed.
According to PMI, Project Management Job Growth and Talent Gap 2017–2027)
By 2027, employers will need 87.7 million individuals working in project management-oriented roles.
The average annual salary of PMP Certified professionals is,
PRINCE2:
PRINCE2 certification proves to be an asset as it accelerates your career in the field of project management.
A 2016 AXELOS survey questioned individuals in project management and other roles, such as IT, senior management and operations. They reported that "regardless of function, candidates do find that PRINCE2 is valuable to their career".
According to Payscale.com,
The average annual salaries for certified PRINCE2 professionals in the United States are shown below.
Currency: USD, Updated: Mon Nov 11 2019
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
Comparison of PMP® and PRINCE2® Certifications
PMP and PRINCE2 both are project management certification globally recognized and highly valued.
According to the statistics report by WRIKE,
“80 percent of high-performing projects are led by a certified project manager”.
PMP- Project Management Professional (PMP®) certification is an industry-recognized credential offered by the Project Management Institute (PMI®). The PMP certification validates the experience, knowledge, expertise, capability, competency and required skills to lead and manage projects. PMP certification is the most recognized and sought after project management certification.
PRINCE2 is an acronym for PRojects IN Controlled Environments and the "2" refers to its relaunch in October 1996. It is the non-proprietary process-based project management methodology and owned by AXELOS. PRINCE2 is mainly focused to establish,
- Control at the commencement.
- Progression of the project.
- Termination of projects.
In the UK, PRINCE2® (Projects in Controlled Environments) is considered the de facto standard for IT project management. PRINCE2 doesn’t define the project as a temporary endeavor, rather as a project management method it delivers based on a business case.
PRINCE2 is a certification program owned by AXELOS and this method is sustained by a scheme that offers four levels of certification:
- PRINCE2 Foundation
- PRINCE2 Practitioner
- PRINCE2 Agile Foundation
- PRINCE2 Agile Practitioner.
Eligibility Criteria
The eligibility criteria for PMP examination:
PRINCE2:
There is no formal prerequisite to take up PRINCE2 Foundation Certification and PRINCE2 Agile Foundation Certification. PRINCE2 Foundation certificate can be a prerequisite to the PRINCE2 Practitioner course.
Methodology Used:
PMP:
PMP methodology is based on A Guide to the Project Management Body of Knowledge (PMBOK® Guide) 6th Edition published by PMI. It includes 5 processes of project management:
- Initiating
- Panning
- Executing
- Monitoring and controlling
- Closing
PRINCE2:
The PRINCE2 method comprises four integrated elements of principles, themes, processes, and the project environment.
7 Processes of PRINCE2
- Starting up a project.
- Directing a project.
- Initiating a project.
- Controlling a stage.
- Managing product delivery.
- Managing a stage boundary.
- Closing a project.
Target Audience:
PMP:
The target audience for PMP Certification:
- Project Manager
- Project Coordinators,
- Supervisor for PMO
- Team Manager
- Team Leader
PRINCE2:
The target audience for PRINCE2 Certification:
- Project Managers
- Team Leaders
- Business Analyst
Exam Format:
PMP exam:
There is no passing score for the PMP exam. Evaluation is based on the difficulty level of the exam.
PRINCE2 exam:
PRINCE2 Foundation exam:
Questions: 60 Multiple Choice Questions
Duration: 60 minutes
Qualifying points: 33 out of 60 (55%)
PRINCE2 Practitioner exam:
Questions: 68 Multiple Choice Questions
Duration: 150 minutes
Qualifying points: 38 out of 68 (55%)
Benefits:
Benefits of PMP:
- Expand the scope of your career and increase your salary
- Showcase your proficiency in Project Management with a global certification
- A PMP Credential Expands Your Market Reach and Scope
- Explore More Job Opportunities
- Get opportunities for spearheading challenging projects
- PMPs adopt enhanced Project Management skills and demonstrate superior project performance
- A PMP credential is a means to recession-proof your career
Benefits of PRINCE2 :
- PRINCE2 is a globally recognized certification that validates your knowledge of techniques of project management.
- PRINCE2 provides step by step guidance to manage the project and delivers confidence for internal and external stakeholders.
- It broadly focuses on techniques related to project management.
- Enables you to execute any kind of project with great ease.
- Highlights on both project and process.
- PRINCE2 helps you to strategize your plans more skillfully.
- It enables you to solve the problems associated with the project more effectively.
- Enhance your project management skills.
- PRINCE2 enables you to control resources and risks effectively.
Demand for PMP and PRINCE2
PMP:
The earning potential increases with experience and progress of knowledge. According to Earning Power: Project Management Salary Survey, 10th Edition, certified PMP professionals earn a 23% higher salary on average across 37 countries surveyed.
According to PMI, Project Management Job Growth and Talent Gap 2017–2027)
By 2027, employers will need 87.7 million individuals working in project management-oriented roles.
The average annual salary of PMP Certified professionals is,
PRINCE2:
PRINCE2 certification proves to be an asset as it accelerates your career in the field of project management.
A 2016 AXELOS survey questioned individuals in project management and other roles, such as IT, senior management and operations. They reported that "regardless of function, candidates do find that PRINCE2 is valuable to their career".
According to Payscale.com,
The average annual salaries for certified PRINCE2 professionals in the United States are shown below.
Currency: USD, Updated: Mon Nov 11 2019
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What are the 5 Phases of Project Management?
:
What are the 5 Phases of Project Management?
Project management is a practice of implementing processes and methods by applying skills, tools, knowledge and techniques to achieve specific project goals and meet specific success criteria within a constrained time according to project needs and goals.
The set of guidelines and best practices are followed to achieve the success rate of the project and ensure the project flow is smooth.
PMI’s A Guide to the Project Management Body of Knowledge (PMBOK® Guide) was introduced by Project Management Institute in 1996. The current edition of the PMBOK® Guide is - 6th edition.
It is the single most important publication by the PMI for Project Management Professional Certification aspirants to study and prepare for the PMP® Exam.
What is Project?
The Project Management Institute defines a “project” as
“a temporary endeavor undertaken to create a unique product, service or result.”
Project is a set of operations or tasks with a definite start and end to reach the targeted goal. Projects can be simple or complex depending upon the time frame and the outcome expected.
Project is carried out by a set of people called “team” with individual tasks assigned and expected to be completed within a constrained time.
Who are Project Managers?
Projects are managed by the project manager or more depending on the complexity of the project.
Role of the project manager is very important. Time-bound and cost-bound projects require a project manager to plan, track, monitor, evaluate and work out the roadmap for successful closure and handover.
Project Managers are the bridge between top management and project delivery team as they make sure the scope of the project is clear, monitors and reports regularly on the progress of the project that is in line with the defined cost, schedule, and quality.
The roles and responsibilities of the project manager are:
5 Phases of Project Management
It is very important to prepare a definite structure of the project to be executed. The process of initiation of the project to close the project with handover is called project lifecycle.
According to PMBOK- 6th edition, there are 5 phases of project management:
- Initiation
- Planning
- Execution
- Monitoring and Controlling
- Closing
The 5 phases of project management from start to finish which cover the following components:
- What work must be done
- What output must be generated and reviewed
- Who will be responsible
- How to control and approve each phase
Initiation
The first phase of the project life cycle is initiation. In this phase, the project’s value is measured whether the project is to be taken further or not. The project’s feasibility and value are measured using evaluation tools.
- Feasibility Study: The study evaluates the value of the project which includes the project goals, time frame and overall cost of the project to be executed.
- Business Case document: The document which provides the detailed estimated benefit of the project and the need for the project.
The stakeholders are identified in this phase of project management. The important stakeholders of the company will decide if the project is to be taken or not. The project charter is prepared. The project charter generally includes the objective of the project, stakeholders, risks identified.
Planning
Once the project is approved, the planning is done. The project management plan is developed based on defined project scope, schedule, cost, resources, quality and respective stakeholders.
Planning will help to minimize the risk during the execution phase.
The cost and resources are planned effectively to achieve the business goals of the organization.
This phase will develop a roadmap which will be used until the end of the project.
The roles and responsibilities are defined and the following documents are created in the planning stage:
- Scope Statement
- Work Breakdown Schedule (WBS
- Milestones
- Gantt Chart
- Communication Plan
- Risk Management Plan
The goals are set based on two methods. S.M.A.R.T. and C.L.E.A.R.
S- Specific
M- Measurable
A- Attainable
R- Realistic
T- Timeframe
C- Collaborative
L- Limited
E- Emotional
A- Appreciable
R- Refinable
Execution
Based on project activities and project management plan, the deliverables are developed and completed within a constrained time.
The projects are divided into individual tasks and accomplished. The following tasks take place during this phase:
- Develop team
- Assign resources
- Execute project management plans
- Procurement management
- Directing and managing project execution by the project manager
- Set up tracking systems
- Task assignments are executed
- Status meetings
- Update project schedule
- Modify project plans as needed
Monitoring and Controlling
During the execution phase, the tasks are monitored if the assigned task meet the project management plan. This phase ensures the project areas such as scope, schedule, cost, quality and resource are in control. The project managers track the work using key performance indicators (KPIs). The KPIs to determine the project performance are:
- Project Objectives
- Quality Deliverables
- Effort and Cost Tracking
- Project Performance
To keep the project on track, project managers usually adjust schedules and resources.
Closing
The finished project is handed over to the customer in this phase. The whole process is documented and resources are released to work on other projects. The meetings are held to prepare the final project report. The handing over documents are prepared and project managers close the project.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
What are the 5 Phases of Project Management?
Project management is a practice of implementing processes and methods by applying skills, tools, knowledge and techniques to achieve specific project goals and meet specific success criteria within a constrained time according to project needs and goals.
The set of guidelines and best practices are followed to achieve the success rate of the project and ensure the project flow is smooth.
PMI’s A Guide to the Project Management Body of Knowledge (PMBOK® Guide) was introduced by Project Management Institute in 1996. The current edition of the PMBOK® Guide is - 6th edition.
It is the single most important publication by the PMI for Project Management Professional Certification aspirants to study and prepare for the PMP® Exam.
What is Project?
The Project Management Institute defines a “project” as
“a temporary endeavor undertaken to create a unique product, service or result.”
Project is a set of operations or tasks with a definite start and end to reach the targeted goal. Projects can be simple or complex depending upon the time frame and the outcome expected.
Project is carried out by a set of people called “team” with individual tasks assigned and expected to be completed within a constrained time.
Who are Project Managers?
Projects are managed by the project manager or more depending on the complexity of the project.
Role of the project manager is very important. Time-bound and cost-bound projects require a project manager to plan, track, monitor, evaluate and work out the roadmap for successful closure and handover.
Project Managers are the bridge between top management and project delivery team as they make sure the scope of the project is clear, monitors and reports regularly on the progress of the project that is in line with the defined cost, schedule, and quality.
The roles and responsibilities of the project manager are:
5 Phases of Project Management
It is very important to prepare a definite structure of the project to be executed. The process of initiation of the project to close the project with handover is called project lifecycle.
According to PMBOK- 6th edition, there are 5 phases of project management:
- Initiation
- Planning
- Execution
- Monitoring and Controlling
- Closing
The 5 phases of project management from start to finish which cover the following components:
- What work must be done
- What output must be generated and reviewed
- Who will be responsible
- How to control and approve each phase
Initiation
The first phase of the project life cycle is initiation. In this phase, the project’s value is measured whether the project is to be taken further or not. The project’s feasibility and value are measured using evaluation tools.
- Feasibility Study: The study evaluates the value of the project which includes the project goals, time frame and overall cost of the project to be executed.
- Business Case document: The document which provides the detailed estimated benefit of the project and the need for the project.
The stakeholders are identified in this phase of project management. The important stakeholders of the company will decide if the project is to be taken or not. The project charter is prepared. The project charter generally includes the objective of the project, stakeholders, risks identified.
Planning
Once the project is approved, the planning is done. The project management plan is developed based on defined project scope, schedule, cost, resources, quality and respective stakeholders.
Planning will help to minimize the risk during the execution phase.
The cost and resources are planned effectively to achieve the business goals of the organization.
This phase will develop a roadmap which will be used until the end of the project.
The roles and responsibilities are defined and the following documents are created in the planning stage:
- Scope Statement
- Work Breakdown Schedule (WBS
- Milestones
- Gantt Chart
- Communication Plan
- Risk Management Plan
The goals are set based on two methods. S.M.A.R.T. and C.L.E.A.R.
S- Specific M- Measurable A- Attainable R- Realistic T- Timeframe |
C- Collaborative L- Limited E- Emotional A- Appreciable R- Refinable |
Execution
Based on project activities and project management plan, the deliverables are developed and completed within a constrained time.
The projects are divided into individual tasks and accomplished. The following tasks take place during this phase:
- Develop team
- Assign resources
- Execute project management plans
- Procurement management
- Directing and managing project execution by the project manager
- Set up tracking systems
- Task assignments are executed
- Status meetings
- Update project schedule
- Modify project plans as needed
Monitoring and Controlling
During the execution phase, the tasks are monitored if the assigned task meet the project management plan. This phase ensures the project areas such as scope, schedule, cost, quality and resource are in control. The project managers track the work using key performance indicators (KPIs). The KPIs to determine the project performance are:
- Project Objectives
- Quality Deliverables
- Effort and Cost Tracking
- Project Performance
To keep the project on track, project managers usually adjust schedules and resources.
Closing
The finished project is handed over to the customer in this phase. The whole process is documented and resources are released to work on other projects. The meetings are held to prepare the final project report. The handing over documents are prepared and project managers close the project.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What are the 10 Knowledge Areas of Project Management?
:
What are the 10 Knowledge Areas of Project Management?
The 10 Knowledge Areas of Project Management are:
#1 Project Integration Management
#2 Project Scope Management
#3 Project Schedule Management
#4 Project Cost Management
#5 Project Quality Management
#6 Project Resource Management
#7 Project Communications Management
#8 Project Risk Management
#9 Project Procurement Management
#10 Project Stakeholders Management
Project management is an application of skills, tools, knowledge and techniques to achieve specific project goals and meet specific success criteria within a constrained time.
Project Management is an integral factor which decides the success or failure of a project.
In mid of 20th century, project management began to emerge as a distinct profession and large no. of organizations started to follow a set of rules, standard terminologies and guidelines in the field of project management.
Project management rules are mainly governed by PMI’s A Guide to the Project Management Body of Knowledge (PMBOK® Guide).
According to PMBOK, project management includes,
5 Phases of Project Management Life Cycle include:
- Initiating
- Planning
- Executing
- Monitoring and Controlling
- Closing
The 10 knowledge areas are:
1. Project Integration Management
2. Project Scope Management
3. Project Schedule Management
4. Project Cost Management
5. Project Quality Management
6. Project Resource Management
7. Project Communications Management
8. Project Risk Management
9. Project Procurement Management
10. Project Stakeholders Management
Project management includes 49 processes mapped in 5 phases and 10 knowledge areas:
1. Project Integration Management
The coordination between the resources, stakeholders, and other project elements which ensures to execute the project end to end successfully is Project Integration Management. It is very important because project success highly depends on integration management in terms of schedule, cost, quality, scope, risks, etc.
This knowledge area has a set of processes in each phase of project management. The processes involved in all phases of project management are:
- Develop the project charter
- Develop the project management plan
- Direct and manage project work
- Manage project knowledge
- Monitor and control project work
- Perform integrated change control
- Close the project (or project phase)
In the initiation stage, the project charter is developed. The project charter is a key element which describes the whole project in brief. The project charter generally includes the objective of the project, stakeholders, risks identified etc. After initiating the project, the project management plan is developed and executed by directing and managing project work and knowledge.
After executing the project, the project work is monitored and controlled with the integrated change required and close the project successfully.
2. Project Scope Management
Project scope management is to define what is included in the project and what is not included in the project. The scope of the project is the work that is involved and the factors to execute the project successfully. There are 6 project scope management processes in planning and controlling process group.
In the Planning process group:
- Planning scope management: Based on the project charter, the plan is created to define the scope.
- Collecting requirements: Based on the scope management plan and stakeholder’s consultancy, the requirement is collected.
- Defining scope: based on plan scope management, project charter and requirement, the scope is defined.
- Creating WBS: Creating a work breakdown structure to simplify the whole project into individual tasks.
- Validating scope: the outcome of individual tasks are reviewed and inspected.
In the monitoring and controlling process group:
- Controlling scope: after the execution of a project or task, the scope of work is monitored and controlled. The performance reports are prepared to check if the scope meets the requirements.
3. Project Schedule Management
Project schedule management involves the listing of the tasks, deliverables, duration, stakeholder assigned, start and end date of the tasks within the project.
Time management completely depends on the proper schedule management.
It involves 7 schedule management processes in the planning process group and controlling process group.
In the planning process group:
- Planning schedule management: Creating a schedule plan and determining who is responsible for the specified task.
- Defining project activities: Project activities are defined according to plan schedule management. List of activities are created similar o work breakdown structure.
- Sequencing activities: Based on project activities, a sequence of all the activities are created according to priority.
- Estimating resources and duration: Based on schedule plan and activities, human resources and durations are assigned.
- Developing the project schedule: Based on all the above processes, the project schedule is developed
In the monitoring and controlling process group:
- Controlling schedule: after the execution of a project or task, the duration is checked and controlled if it exceeds the allotted time.
4. Project Cost Management
Cost is the most critical factor in any organization. The process of estimating, allocating and controlling the cost of the whole project comes in project cost management. The budget is fixed according to the project activities. The costs are estimated during the planning phase and controlled if it exceeds during execution.
The 4 processes are involved in Project Cost Management:
- Planning cost management: Cost is planned based on the project activities, sequence of activities and duration allocated for each task.
- Estimating Costs: Based on the cost management plan, the cost is estimated for each task.
- Determining Budget: Based on estimated cost, the budget is prepared considering schedule management on a project basis.
In the monitoring and controlling process group:
- Controlling costs: During the execution phase of the project, the cost is monitored and if it exceeds or the risk identified that the cost might increase beyond the limit. it is controlled as the cost is the most critical factor in project management.
The cost flow is recorded and the overall report is prepared till the closing of the project.
5. Project Quality Management
The process of achieving assured quality with respect to scope, time and cost is project quality management. With proper quality management, an organization can achieve customer satisfaction and enhance further productivity. The process of quality management is in three phases of project management: Planning, execution, and monitoring and controlling.
In the planning phase:
- Planning Quality Management: Planning quality plays a vital role in the success of the projects. The methodology used, the resource assigned, the cost allowed and the time allocated are the major factors affecting quality. Quality planning is done considering all the factors.
In the execution phase:
- Managing quality: During the execution stage, quality assurance is given maximum importance and considered in all aspects
In monitoring and controlling phase:
- Controlling quality: quality is controlled by reassessment after execution if the customer or client is not satisfied.
6. Project Resource Management
The project resource management involves managing human resource, material, equipment, knowledge and time. Recourse plays a very important role during the execution of the project. There are 6 Project resource management processes in three phases of project management.
In the Planning phase:
- Planning resource management: Based on the project scope, planning of resources are done with cost input, quality and schedule management.
- Estimating activity resources: According to the availability of the resources and the project activities, the resource activity is estimated.
In the execution phase:
- Acquiring resources: Based on the deployment of skills to achieve specific goals, resources are acquired.
- Developing the team: The team is developed based on their knowledge, skill and ability to achieve the specified goal. Experience and hierarchy is considered while developing the team for the project.
- Managing team: The team, is managed according to plan management and the team developed. This ensures the specified goal is achieved on time.
In monitoring and controlling phase:
- Controlling resources: After the execution stage, the resources are controlled if the deliverables are not delivered on time.
7. Project Communications Management
The project communications management ensures that the right message is sent, received and understood by the right people. Communication is one of the most critical factors affecting the success of the project. According to PMI, most of the project failed due to communication. The three processes are involved in project communication management in planning, executing and monitoring phase.
- Planning communications management: The audience, objective, message and medium of communications are planned according to project activities and resources assigned.
- Managing communications: Once the communication plan is approved, the communications are managed by analysis of data received, distribution of data, storage of the reports and disposal of old messages.
- Monitoring communications: The communications are monitored by confirming the messages, confirming the messages are received by the correct stakeholders, confirming messages were understood.
Excellent communication skills is required to handle conflict management.
8. Project Risk Management
Project risk management involves identifying the risks, analyze the risk and control the risk. The risk management is done to reduce the impact of risk on project pace. The risk identified can be uncertain and have a huge impact on the resource, processes, technology, and schedule. The 7 processes of risk management lies in planning, executing and monitoring phase.
In the planning phase:
- Plan risk management: Based on a risk assessment matrix, the document is prepared including foreseen risks, estimated impacts of risk on the project
- Perform qualitative risk: Based on their probability of occurring and impact of risk, the risks are prioritized for further analysis.
- Perform quantitative risk: The effect of identified risk is numerically analyzed on all the project objectives.
- Plan risk responses: The actions are planned to reduce the risk by addressing the risk according to priority, cost, and time.
In the execution stage:
- Implement risk responses: Based on risk responses plan, the actions are taken to mitigate the risk.
In the monitoring stage:
- Monitoring risks: Risks are monitored according to the impact of risk responses.
9. Project procurement management
The project procurement management involves obtaining goods, services and supplies. Procurement includes all the materials required to complete the project. 3 procurement management processes are involved in planning, executing and monitoring phase of project management.
In the planning phase:
- Planning Procurement Management: the process of documenting the material required, specifying the approach, identifying potential dealers, identifying good service required for the project within the allocated budget and assured quality.
In the execution phase:
- Conducting procurements: Based on plan procurement management, procurements are done according to the requirement for deliverables of the project.
In monitoring and controlling phase:
- Controlling procurements: The procurements are checked for quality control and also checked if the procurement met all the requirement.
10. Project stakeholder management
The project stakeholder management is the process of identifying suitable stakeholder for the project and meet the expectation of the selected stakeholder. The success or failure of the project depends on the key stakeholders.
Four project stakeholder processes are involved in initiating, planning, executing, and monitoring and controlling the phase of project management.
In the Initiating phase:
- Identifying key stakeholders: Based on performance, experience and skills, the key stakeholders are identified to manage the assigned part of the project.
In the planning phase:
- Planning stakeholder engagement: the roles and responsibilities of the key stakeholder are planned. The amount of engagement in each part of the work is assigned to stakeholders.
In the execution phase:
- Manage stakeholder engagement: the stakeholder engagement is managed and if any issue comes up, it is resolved through communication.
In the monitoring phase:
- Monitor stakeholder management: The process of monitoring stakeholder’s engagement, strategies and activities. This ensures the deliverables are accepted by the customers.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
What are the 10 Knowledge Areas of Project Management?
The 10 Knowledge Areas of Project Management are:
#1 Project Integration Management
#2 Project Scope Management
#3 Project Schedule Management
#4 Project Cost Management
#5 Project Quality Management
#6 Project Resource Management
#7 Project Communications Management
#8 Project Risk Management
#9 Project Procurement Management
#10 Project Stakeholders Management
Project management is an application of skills, tools, knowledge and techniques to achieve specific project goals and meet specific success criteria within a constrained time.
Project Management is an integral factor which decides the success or failure of a project.
In mid of 20th century, project management began to emerge as a distinct profession and large no. of organizations started to follow a set of rules, standard terminologies and guidelines in the field of project management.
Project management rules are mainly governed by PMI’s A Guide to the Project Management Body of Knowledge (PMBOK® Guide).
According to PMBOK, project management includes,
5 Phases of Project Management Life Cycle include:
- Initiating
- Planning
- Executing
- Monitoring and Controlling
- Closing
The 10 knowledge areas are:
1. Project Integration Management
2. Project Scope Management
3. Project Schedule Management
4. Project Cost Management
5. Project Quality Management
6. Project Resource Management
7. Project Communications Management
8. Project Risk Management
9. Project Procurement Management
10. Project Stakeholders Management
Project management includes 49 processes mapped in 5 phases and 10 knowledge areas:
1. Project Integration Management
The coordination between the resources, stakeholders, and other project elements which ensures to execute the project end to end successfully is Project Integration Management. It is very important because project success highly depends on integration management in terms of schedule, cost, quality, scope, risks, etc.
This knowledge area has a set of processes in each phase of project management. The processes involved in all phases of project management are:
- Develop the project charter
- Develop the project management plan
- Direct and manage project work
- Manage project knowledge
- Monitor and control project work
- Perform integrated change control
- Close the project (or project phase)
In the initiation stage, the project charter is developed. The project charter is a key element which describes the whole project in brief. The project charter generally includes the objective of the project, stakeholders, risks identified etc. After initiating the project, the project management plan is developed and executed by directing and managing project work and knowledge.
After executing the project, the project work is monitored and controlled with the integrated change required and close the project successfully.
2. Project Scope Management
Project scope management is to define what is included in the project and what is not included in the project. The scope of the project is the work that is involved and the factors to execute the project successfully. There are 6 project scope management processes in planning and controlling process group.
In the Planning process group:
- Planning scope management: Based on the project charter, the plan is created to define the scope.
- Collecting requirements: Based on the scope management plan and stakeholder’s consultancy, the requirement is collected.
- Defining scope: based on plan scope management, project charter and requirement, the scope is defined.
- Creating WBS: Creating a work breakdown structure to simplify the whole project into individual tasks.
- Validating scope: the outcome of individual tasks are reviewed and inspected.
In the monitoring and controlling process group:
- Controlling scope: after the execution of a project or task, the scope of work is monitored and controlled. The performance reports are prepared to check if the scope meets the requirements.
3. Project Schedule Management
Project schedule management involves the listing of the tasks, deliverables, duration, stakeholder assigned, start and end date of the tasks within the project.
Time management completely depends on the proper schedule management.
It involves 7 schedule management processes in the planning process group and controlling process group.
In the planning process group:
- Planning schedule management: Creating a schedule plan and determining who is responsible for the specified task.
- Defining project activities: Project activities are defined according to plan schedule management. List of activities are created similar o work breakdown structure.
- Sequencing activities: Based on project activities, a sequence of all the activities are created according to priority.
- Estimating resources and duration: Based on schedule plan and activities, human resources and durations are assigned.
- Developing the project schedule: Based on all the above processes, the project schedule is developed
In the monitoring and controlling process group:
- Controlling schedule: after the execution of a project or task, the duration is checked and controlled if it exceeds the allotted time.
4. Project Cost Management
Cost is the most critical factor in any organization. The process of estimating, allocating and controlling the cost of the whole project comes in project cost management. The budget is fixed according to the project activities. The costs are estimated during the planning phase and controlled if it exceeds during execution.
The 4 processes are involved in Project Cost Management:
- Planning cost management: Cost is planned based on the project activities, sequence of activities and duration allocated for each task.
- Estimating Costs: Based on the cost management plan, the cost is estimated for each task.
- Determining Budget: Based on estimated cost, the budget is prepared considering schedule management on a project basis.
In the monitoring and controlling process group:
- Controlling costs: During the execution phase of the project, the cost is monitored and if it exceeds or the risk identified that the cost might increase beyond the limit. it is controlled as the cost is the most critical factor in project management.
The cost flow is recorded and the overall report is prepared till the closing of the project.
5. Project Quality Management
The process of achieving assured quality with respect to scope, time and cost is project quality management. With proper quality management, an organization can achieve customer satisfaction and enhance further productivity. The process of quality management is in three phases of project management: Planning, execution, and monitoring and controlling.
In the planning phase:
- Planning Quality Management: Planning quality plays a vital role in the success of the projects. The methodology used, the resource assigned, the cost allowed and the time allocated are the major factors affecting quality. Quality planning is done considering all the factors.
In the execution phase:
- Managing quality: During the execution stage, quality assurance is given maximum importance and considered in all aspects
In monitoring and controlling phase:
- Controlling quality: quality is controlled by reassessment after execution if the customer or client is not satisfied.
6. Project Resource Management
The project resource management involves managing human resource, material, equipment, knowledge and time. Recourse plays a very important role during the execution of the project. There are 6 Project resource management processes in three phases of project management.
In the Planning phase:
- Planning resource management: Based on the project scope, planning of resources are done with cost input, quality and schedule management.
- Estimating activity resources: According to the availability of the resources and the project activities, the resource activity is estimated.
In the execution phase:
- Acquiring resources: Based on the deployment of skills to achieve specific goals, resources are acquired.
- Developing the team: The team is developed based on their knowledge, skill and ability to achieve the specified goal. Experience and hierarchy is considered while developing the team for the project.
- Managing team: The team, is managed according to plan management and the team developed. This ensures the specified goal is achieved on time.
In monitoring and controlling phase:
- Controlling resources: After the execution stage, the resources are controlled if the deliverables are not delivered on time.
7. Project Communications Management
The project communications management ensures that the right message is sent, received and understood by the right people. Communication is one of the most critical factors affecting the success of the project. According to PMI, most of the project failed due to communication. The three processes are involved in project communication management in planning, executing and monitoring phase.
- Planning communications management: The audience, objective, message and medium of communications are planned according to project activities and resources assigned.
- Managing communications: Once the communication plan is approved, the communications are managed by analysis of data received, distribution of data, storage of the reports and disposal of old messages.
- Monitoring communications: The communications are monitored by confirming the messages, confirming the messages are received by the correct stakeholders, confirming messages were understood.
Excellent communication skills is required to handle conflict management.
8. Project Risk Management
Project risk management involves identifying the risks, analyze the risk and control the risk. The risk management is done to reduce the impact of risk on project pace. The risk identified can be uncertain and have a huge impact on the resource, processes, technology, and schedule. The 7 processes of risk management lies in planning, executing and monitoring phase.
In the planning phase:
- Plan risk management: Based on a risk assessment matrix, the document is prepared including foreseen risks, estimated impacts of risk on the project
- Perform qualitative risk: Based on their probability of occurring and impact of risk, the risks are prioritized for further analysis.
- Perform quantitative risk: The effect of identified risk is numerically analyzed on all the project objectives.
- Plan risk responses: The actions are planned to reduce the risk by addressing the risk according to priority, cost, and time.
In the execution stage:
- Implement risk responses: Based on risk responses plan, the actions are taken to mitigate the risk.
In the monitoring stage:
- Monitoring risks: Risks are monitored according to the impact of risk responses.
9. Project procurement management
The project procurement management involves obtaining goods, services and supplies. Procurement includes all the materials required to complete the project. 3 procurement management processes are involved in planning, executing and monitoring phase of project management.
In the planning phase:
- Planning Procurement Management: the process of documenting the material required, specifying the approach, identifying potential dealers, identifying good service required for the project within the allocated budget and assured quality.
In the execution phase:
- Conducting procurements: Based on plan procurement management, procurements are done according to the requirement for deliverables of the project.
In monitoring and controlling phase:
- Controlling procurements: The procurements are checked for quality control and also checked if the procurement met all the requirement.
10. Project stakeholder management
The project stakeholder management is the process of identifying suitable stakeholder for the project and meet the expectation of the selected stakeholder. The success or failure of the project depends on the key stakeholders.
Four project stakeholder processes are involved in initiating, planning, executing, and monitoring and controlling the phase of project management.
In the Initiating phase:
- Identifying key stakeholders: Based on performance, experience and skills, the key stakeholders are identified to manage the assigned part of the project.
In the planning phase:
- Planning stakeholder engagement: the roles and responsibilities of the key stakeholder are planned. The amount of engagement in each part of the work is assigned to stakeholders.
In the execution phase:
- Manage stakeholder engagement: the stakeholder engagement is managed and if any issue comes up, it is resolved through communication.
In the monitoring phase:
- Monitor stakeholder management: The process of monitoring stakeholder’s engagement, strategies and activities. This ensures the deliverables are accepted by the customers.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
What are the Project Manager Roles and Responsibilities?
:
What are the Project Manager Roles and Responsibilities?
Project Manager – How was the role created?
It was during the creation of Microsoft Excel, the role ‘Project Manager” was created
During the late eighties, Microsoft was attempting to create something to the equivalent to that of the Lots spreadsheet, which was popular at that point in time. The project turned out to be chaotic as too many departments gt involved without any proper coordination. It proved to be an innovative and ideal solution as the team engaged seamlessly and the final product was launched as Excel.
The ingenious role created was the project manager.
The basic principles in project management have continued to be the same: manage scope, schedule costs resources, activities, and tasks.
The role of a project manager has evolved. There are different approaches to project management and project managers should be skilled and familiar with the project management system.
The project manager is responsible for leading and managing project teams leading to the successful delivery of the project. But before that, is a project manager really required?
Is the Project Manager really needed?
Time-bound and cost-bound projects require a project manager to plan, track, monitor, evaluate and work out the roadmap for successful closure and handover.
Does your project need a project manager? 89% of high performing organizations with large and demanding projects require a reliable project manager proficient in project management. The business has necessitated the need for Project Leader with strong leadership skills to consistently maintain efficiency and productivity.
From a small setup where a handful of projects are handled by one project manager to MNCs who hire domain specialists and verticals heads as project managers, it has become evident that Project manager is indispensable to project management and becomes an integral part of the business. The biggest challenge is to find a project manager with the right vision, skills, and knowledge to plan, coordinate, and deliver projects on schedule and within budget.
Let's take a look at key project manager roles and responsibilities.
Responsibilities of a Project Manager.
A Project which has a definite start and end with specific goals to achieve needs the direction and leadership of a Project Manager. Project Managers are the bridge between top management and project delivery team as they make sure the scope of the project is clear, monitors and reports regularly on the progress of the project that is in line with the defined cost, schedule, and quality. Therefore, Project Managers are accountable for all the tasks that are within the project right from inception till the completion.
They are expected to perform the following key tasks
Project Initiation
Project managers assess the proposed scope with a defined timeline, Budget and expected quality by engaging all relevant stakeholders to ensure that the expected outcome of the project is clear with the given timeline and cost. Project Manager performs the below activities to ensure the same
- Evaluate project/business requirements
- Identify the required assets and resources
- Determine dependencies / Make assumptions if any
- Assess the Risks / Issues if any
- Estimate Costs & Efforts
Preparation of Project Plan
A project plan is a strategic document that specifies goals, team, timing, and deliverables. It also establishes the scope and defines the objectives as in time, cost, quality, benefits realization which has to be monitored and assessed during regular intervals for a successful project outcome.
- Define the Scope, Goals, and Deliverables
- Project Key Stakeholder’s expectations and any cost/time-bound implications
- Definition of Project Organization
- Cost and Time Estimations
- Define the Tasks with required Resource Plan
- Definition of intermediate milestones (With respect to Deliverables, Cost, Schedule & Quality)
- Communication Plan
- Success Criteria against each milestoneCommunication of Project Plan
Once the project plan is formulated, the next step is to communicate the same to all relevant stakeholders and Project Team. This is to clearly set the right expectations for everyone involved in the project.
- Kick-off the project with all stakeholders to bring all in the same the expectations
- Follow the communication plan from hereon for reporting
The workspace creation
The project teams can be managed locally on-site, or it can be a virtual setup connecting the teams spread globally, It requires the team to enabled with the right tools and channels for communication in order to get the work done.
- Prepare or procure necessary resources, systems, and tools
- Provide access to and ensure the availability of relevant tools and resources
Creation of the team to complete the project
People are the heart of a project. Treat people right and your project is halfway done.
- Clarify tasks and roles
- Promote collaboration/relationship-building
- Recognize the achievements and appreciate (Set the standards for recognition)
- Monitor/Review the Risks, Issues, Assumptions, and Dependencies regularly
Execution of the project plan
When the team is on the same page, clear about all the parameters, the project team can begin the task of execution
- Monitor the Project Plan
- Resolve any blockers, Dependencies
- Review the Plan regularly and assess Scope, Cost, Schedule
Evaluation of the project’s progress
Project managers can utilize tools Using tools such as Microsoft Project to gain a high-level drilled-down view of every task of the project. Monitoring is helpful to mitigate risks, enhance gains, and make everyone involved stay focused.
- Conflicts resolution
- Address the open issues and risks
- Recognize achievement and reward
- Keep all stakeholders updated with regular reports
Close the project
Successful Closure ends on a congratulatory note. The celebrations aside, the takeaways must be recorded as lessons learned from the projects, especially handling of scope, identification of risk, allocation of resources, stretching of budget, slippage in the schedule, missed milestones, cost overrun – there could be instances in some phases during the course of development
- Thank the team for their contribution and highlight teamwork
- Congratulate the team for a job well done
- Spend time on the lessons that can be learned especially the loopholes.
Recommend action items to be worked on so as to avert recurrence of mistakes in future projects and also create awareness of any shortcomings suffered during the course of project development.
What makes a good Project Manager?
A matrix of technical, business, and leadership skills is critical to the making of a good project manager, and in which soft skills are a key aspect of leadership. Good business acumen with an entrepreneurial mindset to draw the big picture is one trait that makes a project manager outstanding. It is the influence wielded by the project manager to inspire the team to go far and beyond the call of duty that makes the project manager as a huge asset. That’s how project managers earn the trust of the team, and the progress of development wins the confidence of the stakeholders not throughout the project and futuristic engagements as well. The managerial skills, soft skills, technical skills, seamless transition of knowledge and information, effective combination to all stakeholders involved at a regular and required time are the combination of the most competent project manager. Project managers need the technical knowledge to assign tasks and managerial skills to get the tasks done and soft skills to keep the team motivated at all times.
It is imperative for a project manager to deliver everything signed off as in-scope, on time, within budget with the quality at benchmarked standards.
A good project manager aims to exceed the stakeholder’s expectations and strives to tie the project to its business goals.
Good project managers use communication as a cornerstone by keeping the stakeholders updated about the project’s progress right from kick-off to closure. Communicating the actual status – even in case of missed milestone or some slippage in schedule with proactive plans to bring the project on track is the hallmark of effective communication expected in a good project manager.
some of the qualities that make for a good project manager are an eye for detail, a sense of anticipation, an appetite for risk coupled with risk management capabilities, the ability to draw the big picture, excellent communication skills, resourcefulness, ability to think on their feet, attitude to achieve, critical thinking and the talent to lead the team from front.
The Project Management Institute attributed self-assessment and re-evaluation can make a huge difference in the reshaping of a successful project manager successful.
RECOMMENDED POST:
Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified
How To Qualify PM Experience In PMP Application Form
The Step By Step Procedure To Fill The Application Form
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
Download Free PMP® Exam Practice Test with 200 PMP® Questions.
Full-length PMP sample test with 200 PMP exam prep questions.
You may also be interested in Sample PMP® Exam Prep Questions before you download the Free PMP® Practice Test.
Download our Free PMP Brochure for more information.
iCert Global conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across various locations in the United States.
Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1213 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.
Project Management Training by iCert Global:
Quality Management Training by iCert Global:
- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses
- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses
- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses
Scrum Training by iCert Global:
- CSM (Certified ScrumMaster) Certification Training Courses
Agile Training by iCert Global:
- PMI-ACP (Agile Certified Professional) Certification Training Courses
DevOps Training by iCert Global:
- DevOps Certification Training Courses
Business Analysis Training by iCert Global:
- ECBA (Entry Certificate in Business Analysis) Certification Training Courses
- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses
- CBAP (Certified Business Analysis Professional) Certification Training Courses
The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.
Please Contact Us for more information about our professional certification training courses to accelerate your career in the new year. Wish you all the best for your learning initiatives in the new year.
Which certifications are you aiming to achieve in the New Year? Let us know your thoughts in the 'Comments' section below. Thank you.
Read More
:
What are the Project Manager Roles and Responsibilities?
Project Manager – How was the role created?
It was during the creation of Microsoft Excel, the role ‘Project Manager” was created
During the late eighties, Microsoft was attempting to create something to the equivalent to that of the Lots spreadsheet, which was popular at that point in time. The project turned out to be chaotic as too many departments gt involved without any proper coordination. It proved to be an innovative and ideal solution as the team engaged seamlessly and the final product was launched as Excel.
The ingenious role created was the project manager.
The basic principles in project management have continued to be the same: manage scope, schedule costs resources, activities, and tasks.
The role of a project manager has evolved. There are different approaches to project management and project managers should be skilled and familiar with the project management system.
The project manager is responsible for leading and managing project teams leading to the successful delivery of the project. But before that, is a project manager really required?
Is the Project Manager really needed?
Time-bound and cost-bound projects require a project manager to plan, track, monitor, evaluate and work out the roadmap for successful closure and handover.
Does your project need a project manager? 89% of high performing organizations with large and demanding projects require a reliable project manager proficient in project management. The business has necessitated the need for Project Leader with strong leadership skills to consistently maintain efficiency and productivity.
From a small setup where a handful of projects are handled by one project manager to MNCs who hire domain specialists and verticals heads as project managers, it has become evident that Project manager is indispensable to project management and becomes an integral part of the business. The biggest challenge is to find a project manager with the right vision, skills, and knowledge to plan, coordinate, and deliver projects on schedule and within budget.
Let's take a look at key project manager roles and responsibilities.
Responsibilities of a Project Manager.
A Project which has a definite start and end with specific goals to achieve needs the direction and leadership of a Project Manager. Project Managers are the bridge between top management and project delivery team as they make sure the scope of the project is clear, monitors and reports regularly on the progress of the project that is in line with the defined cost, schedule, and quality. Therefore, Project Managers are accountable for all the tasks that are within the project right from inception till the completion.
They are expected to perform the following key tasks
Project Initiation
Project managers assess the proposed scope with a defined timeline, Budget and expected quality by engaging all relevant stakeholders to ensure that the expected outcome of the project is clear with the given timeline and cost. Project Manager performs the below activities to ensure the same
- Evaluate project/business requirements
- Identify the required assets and resources
- Determine dependencies / Make assumptions if any
- Assess the Risks / Issues if any
- Estimate Costs & Efforts
Preparation of Project Plan
A project plan is a strategic document that specifies goals, team, timing, and deliverables. It also establishes the scope and defines the objectives as in time, cost, quality, benefits realization which has to be monitored and assessed during regular intervals for a successful project outcome.
- Define the Scope, Goals, and Deliverables
- Project Key Stakeholder’s expectations and any cost/time-bound implications
- Definition of Project Organization
- Cost and Time Estimations
- Define the Tasks with required Resource Plan
- Definition of intermediate milestones (With respect to Deliverables, Cost, Schedule & Quality)
- Communication Plan
- Success Criteria against each milestoneCommunication of Project Plan
Once the project plan is formulated, the next step is to communicate the same to all relevant stakeholders and Project Team. This is to clearly set the right expectations for everyone involved in the project.
- Kick-off the project with all stakeholders to bring all in the same the expectations
- Follow the communication plan from hereon for reporting
The workspace creation
The project teams can be managed locally on-site, or it can be a virtual setup connecting the teams spread globally, It requires the team to enabled with the right tools and channels for communication in order to get the work done.
- Prepare or procure necessary resources, systems, and tools
- Provide access to and ensure the availability of relevant tools and resources
Creation of the team to complete the project
People are the heart of a project. Treat people right and your project is halfway done.
- Clarify tasks and roles
- Promote collaboration/relationship-building
- Recognize the achievements and appreciate (Set the standards for recognition)
- Monitor/Review the Risks, Issues, Assumptions, and Dependencies regularly
Execution of the project plan
When the team is on the same page, clear about all the parameters, the project team can begin the task of execution
- Monitor the Project Plan
- Resolve any blockers, Dependencies
- Review the Plan regularly and assess Scope, Cost, Schedule
Evaluation of the project’s progress
Project managers can utilize tools Using tools such as Microsoft Project to gain a high-level drilled-down view of every task of the project. Monitoring is helpful to mitigate risks, enhance gains, and make everyone involved stay focused.
- Conflicts resolution
- Address the open issues and risks
- Recognize achievement and reward
- Keep all stakeholders updated with regular reports
Close the project
Successful Closure ends on a congratulatory note. The celebrations aside, the takeaways must be recorded as lessons learned from the projects, especially handling of scope, identification of risk, allocation of resources, stretching of budget, slippage in the schedule, missed milestones, cost overrun – there could be instances in some phases during the course of development
- Thank the team for their contribution and highlight teamwork
- Congratulate the team for a job well done
- Spend time on the lessons that can be learned especially the loopholes.
Recommend action items to be worked on so as to avert recurrence of mistakes in future projects and also create awareness of any shortcomings suffered during the course of project development.
What makes a good Project Manager?
A matrix of technical, business, and leadership skills is critical to the making of a good project manager, and in which soft skills are a key aspect of leadership. Good business acumen with an entrepreneurial mindset to draw the big picture is one trait that makes a project manager outstanding. It is the influence wielded by the project manager to inspire the team to go far and beyond the call of duty that makes the project manager as a huge asset. That’s how project managers earn the trust of the team, and the progress of development wins the confidence of the stakeholders not throughout the project and futuristic engagements as well. The managerial skills, soft skills, technical skills, seamless transition of knowledge and information, effective combination to all stakeholders involved at a regular and required time are the combination of the most competent project manager. Project managers need the technical knowledge to assign tasks and managerial skills to get the tasks done and soft skills to keep the team motivated at all times.
It is imperative for a project manager to deliver everything signed off as in-scope, on time, within budget with the quality at benchmarked standards.
A good project manager aims to exceed the stakeholder’s expectations and strives to tie the project to its business goals.
Good project managers use communication as a cornerstone by keeping the stakeholders updated about the project’s progress right from kick-off to closure. Communicating the actual status – even in case of missed milestone or some slippage in schedule with proactive plans to bring the project on track is the hallmark of effective communication expected in a good project manager.
some of the qualities that make for a good project manager are an eye for detail, a sense of anticipation, an appetite for risk coupled with risk management capabilities, the ability to draw the big picture, excellent communication skills, resourcefulness, ability to think on their feet, attitude to achieve, critical thinking and the talent to lead the team from front.
The Project Management Institute attributed self-assessment and re-evaluation can make a huge difference in the reshaping of a successful project manager successful.
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Top 10 Reasons to get a PMI-ACP (Agile Certified Professional) Certification
Top 10 Reasons to get a PMI-ACP (Agile Certified Professional) Certification
#1 Global Recognition
#2 Enhances Agile Skills
#3 Increases Professional Credibility
#4 Higher Job Opportunities
#5 Higher Pay
#6 Career Advancement
#7 Professional Versatility
#8 Expands Market Reach
#9 Get More Lucrative Assignments
#10 Recession-Proof Career
Project Management Institute's Agile Certified Practitioner (PMI-ACP®) is an industry-recognized certification, accredited by the Project Management Institute (PMI®).
Agile is an iterative method to develop software step by step taking frequent reassessment whenever required, instead of delivering the whole product after completion.
PMI-ACP course is mostly sought by Project Manager or aspirants following Agile practices and trains about the concepts, principles, methodology, tools and techniques employed in managing projects.
PMI-ACP® certification proves your net worth as an Agile practitioner and empowers you with the knowledge and confidence in a framework that's gaining traction and adoption by leading corporate.
PMI-ACP validates your knowledge and experience on agile principles and hands-on agile techniques.
This certification has been designed to:
- Demonstrate to employers the practitioner’s level of professionalism in agile practices of project management.
- Increase the practitioner’s professional versatility in both project management tools and techniques.
According to the 13th State of Agile Survey Report (2019),
- 71% of respondents adopted agile because it reduces project cost
- 74% of respondents adopted agile as it accelerates the software delivery
- 51% of respondents claim that adopting agile increases productivity
- 43% of respondents stated adopting agile enhances the product quality
Prerequisite:
For more information on eligibility criteria, you can go through PMI-ACP Handbook
PMI-ACP is based on different frameworks and agile approaches such as:
- Scrum
- Kanban
- Lean-Agile Practices
- Extreme programming (XP)
- Test-driven development (TDD)
PMI-ACP Certification fee
Target Audience
- Project Managers
- Agile Project Managers
- Agile Developers
- Product owners
- Business Analysts
- Scrum Masters
- Scrum Team Members
- Program managers
- Project team members
- Professionals aspiring to shift from waterfall methodology to agile methodology
10 reasons to get PMI-ACP certified:
1. Global recognition: PMI-ACP is globally recognized and in-demand certification by PMI.
2. Enhances agile skills: Gain expertise in using agile practices in your projects and get hands-on agile experiences.
3. Increases professional credibility: Carries a higher level of professional credibility as it requires a combination of agile training, and work experience in agile projects and knowledge.
4. Higher Job Opportunities: As the adoption of agile methodology is increasing day by day, job opportunities are also increasing.
5. Career advancement: PMI-ACP certification allows you to advance your career in organizations practising agile. Certified PMI-ACP professionals can become agile trainers and agile coaches.
6. Higher pay: Certified PMI-ACP professionals get a 28% higher salary than non-certified professionals. According to Indeed.com, the average annual salary for certified PMI-ACP professionals for different roles are given below:
7. Professional Versatility: As a certified professional you might get a chance to lead the team, work in different projects and enhance your project management skills with agile tools and techniques.
8. Expands market reach: Certification in PMI-ACP expands your market reach as an agile certified professional and provides you with an opportunity to network with a vibrant community of agile professionals, related organizations, and experts worldwide.
9. Get more lucrative assignments: Certified professionals are more likely to get challenging projects and opportunities to handle valued projects.
10. Recession-proof career: Invest in your future with PMI-ACP certification. Agile professionals would retain their value even during a recession due to their strong and highly transferable core competencies.
Career opportunities
- PMP Scrum master
- Technical business analyst
- Agile trainer
- Project Manager
- Digital Channel planner
- Deputy Project Manager
- Director - planning and Project management
- Business Analyst
- Agile Project Manager
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global offers Agile based Certification:
Download our Free PMI-ACP Brochure for more information.
For more information on how iCert Global can help you to accelerate your career with Agile certification, please email info {at} icertglobal {dot} org or call now on +1-713-287-1213/ 1214 / 1053 / 1355. Visit us at https://www.icertglobal.com/
Read More
Top 10 Reasons to get a PMI-ACP (Agile Certified Professional) Certification
#1 Global Recognition
#2 Enhances Agile Skills
#3 Increases Professional Credibility
#4 Higher Job Opportunities
#5 Higher Pay
#6 Career Advancement
#7 Professional Versatility
#8 Expands Market Reach
#9 Get More Lucrative Assignments
#10 Recession-Proof Career
Project Management Institute's Agile Certified Practitioner (PMI-ACP®) is an industry-recognized certification, accredited by the Project Management Institute (PMI®).
Agile is an iterative method to develop software step by step taking frequent reassessment whenever required, instead of delivering the whole product after completion.
PMI-ACP course is mostly sought by Project Manager or aspirants following Agile practices and trains about the concepts, principles, methodology, tools and techniques employed in managing projects.
PMI-ACP® certification proves your net worth as an Agile practitioner and empowers you with the knowledge and confidence in a framework that's gaining traction and adoption by leading corporate.
PMI-ACP validates your knowledge and experience on agile principles and hands-on agile techniques.
This certification has been designed to:
- Demonstrate to employers the practitioner’s level of professionalism in agile practices of project management.
- Increase the practitioner’s professional versatility in both project management tools and techniques.
According to the 13th State of Agile Survey Report (2019),
- 71% of respondents adopted agile because it reduces project cost
- 74% of respondents adopted agile as it accelerates the software delivery
- 51% of respondents claim that adopting agile increases productivity
- 43% of respondents stated adopting agile enhances the product quality
Prerequisite:
For more information on eligibility criteria, you can go through PMI-ACP Handbook
PMI-ACP is based on different frameworks and agile approaches such as:
- Scrum
- Kanban
- Lean-Agile Practices
- Extreme programming (XP)
- Test-driven development (TDD)
PMI-ACP Certification fee
Target Audience
- Project Managers
- Agile Project Managers
- Agile Developers
- Product owners
- Business Analysts
- Scrum Masters
- Scrum Team Members
- Program managers
- Project team members
- Professionals aspiring to shift from waterfall methodology to agile methodology
10 reasons to get PMI-ACP certified:
1. Global recognition: PMI-ACP is globally recognized and in-demand certification by PMI.
2. Enhances agile skills: Gain expertise in using agile practices in your projects and get hands-on agile experiences.
3. Increases professional credibility: Carries a higher level of professional credibility as it requires a combination of agile training, and work experience in agile projects and knowledge.
4. Higher Job Opportunities: As the adoption of agile methodology is increasing day by day, job opportunities are also increasing.
5. Career advancement: PMI-ACP certification allows you to advance your career in organizations practising agile. Certified PMI-ACP professionals can become agile trainers and agile coaches.
6. Higher pay: Certified PMI-ACP professionals get a 28% higher salary than non-certified professionals. According to Indeed.com, the average annual salary for certified PMI-ACP professionals for different roles are given below:
7. Professional Versatility: As a certified professional you might get a chance to lead the team, work in different projects and enhance your project management skills with agile tools and techniques.
8. Expands market reach: Certification in PMI-ACP expands your market reach as an agile certified professional and provides you with an opportunity to network with a vibrant community of agile professionals, related organizations, and experts worldwide.
9. Get more lucrative assignments: Certified professionals are more likely to get challenging projects and opportunities to handle valued projects.
10. Recession-proof career: Invest in your future with PMI-ACP certification. Agile professionals would retain their value even during a recession due to their strong and highly transferable core competencies.
Career opportunities
- PMP Scrum master
- Technical business analyst
- Agile trainer
- Project Manager
- Digital Channel planner
- Deputy Project Manager
- Director - planning and Project management
- Business Analyst
- Agile Project Manager
Do visit our Corporate Training to know more about core offerings for enterprises in empowering their workforce.
iCert Global offers Agile based Certification:
Download our Free PMI-ACP Brochure for more information.
For more information on how iCert Global can help you to accelerate your career with Agile certification, please email info {at} icertglobal {dot} org or call now on +1-713-287-1213/ 1214 / 1053 / 1355. Visit us at https://www.icertglobal.com/