Project Management Archives - Page 19 of 20

Updated on: 30th Sep 2020

Top Project Selection Methods for Project Managers

Rarely an organization has unlimited resources to go after all available opportunities. In most cases, they have limited resources and they have to select the best option. In project management, organizations have many techniques for project selection. They make a decision as the stakes can be high and wrong ones are costly. Let’s say your […]

Updated on: 30th Sep 2020

Free Float Vs Total Float

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Free Float Vs Total Float Total floats and free floats have an important role in the development of a network diagram. A better understanding of these terms will help you draw a network diagram and analyze a critical path. Total Float Float is also known as total float. Total float is how long an activity […]

Updated on: 29th Sep 2020

Program Benefits Management Tutorial

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What is Benefit? Before we start discussing benefits management, let us define benefit. A benefit is that which provides value, utility, or a positive change of some kind to an intended recipient. A benefit could be tangible or intangible. Tangible Benefits Tangible benefits can be seen, perceived, and easily explained. Intangible Benefits Intangible benefits are […]

Updated on: 29th Sep 2020

Continuous Improvement – Agile Value Stream Mapping

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What is value stream mapping? Value stream mapping (sometimes called VSM) is a lean manufacturing technique to analyze, design, and manage the flow of materials and information required to bring a product to a customer. Also known as “material and information-flow mapping”, it uses a system of standard symbols to depict various work streams and […]

Updated on: 29th Sep 2020

Program Organization Tutorial

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Program organization Program organization in MSP is critical to program success. For it to be effective, it should be a combination of three parameters. They are: Well-Defined Roles: All the roles in program organization should be well defined, Clear Responsibilities for Each Role: Each role should have responsibilities assigned clearly and they should be defined […]

Updated on: 29th Sep 2020

Risk and Issue Management Tutorial

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Risk and Issue The following are some important information about risk and issue: Risk Risk can be defined as an uncertain event or a set of events which have an impact on the achievement of the objectives. This effect need not be detrimental. A risk can either be a threat, an uncertain event with a […]

Updated on: 29th Sep 2020

Project Integration Management Tutorial

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Project Integration Management Project integration management involves unification, consolidation, articulation, and integrative actions that are crucial for successfully completing the project. The project integration management is high-level work that project managers do and it involves managing interdependencies among the other knowledge areas. The other nine knowledge areas involve detailed work in a specific direction. For […]

Updated on: 29th Sep 2020

Planning and Control Tutorial

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Planning and control is a governance theme that involves the preparation of different governance frameworks and information baselines. The major information baselines covered under this theme are as follows: Program plan, Resource management, Information strategies and Corresponding plans. Planning and Control Following are the important activities involved in program plan preparation and program control: Program […]

Updated on: 29th Sep 2020

Program Management Principles Tutorial

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Program management or programme management is the process of managing several related projects, often with the intention of improving an organization’s performance. In practice and in its aims, program management is often closely related to systems engineering, industrial engineering, change management, and business transformation. In the defense sector, it is the dominant approach to managing […]

Updated on: 29th Sep 2020

program strategy Alignment Tutorial

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Program Strategy Alignment is the performance domain that identifies program outputs and outcomes to provide benefits aligned with the organization’s strategic goals and objectives. Programs are designed to align with the organizational strategy and to facilitate the realization of organizational benefits. To accomplish this, program managers need to have a thorough understanding of how the […]

Updated on: 29th Sep 2020

PMP Tutorial

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What is Project? A project is a temporary endeavor undertaken to create a unique product, service or result. A project is defined as temporary because it has a defined beginning and end time, and it is unique because it has a particular set of operations designed to accomplish a goal The primary characteristics of a […]

Updated on: 29th Sep 2020

Program Governance Tutorial

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What is Program Governance? José begins exploring what will have to be different about governance of this program versus his prior project assignments. Program governance, he discovers, is the overall framework for execution of a corporate program. It establishes processes and a structure for communication, implementation, monitoring, and ensuring that policies and best practices are […]

Updated on: 29th Sep 2020

Program Life Cycle Management Tutorial

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What is a Program? A program is a group of related projects, subprograms, and program activities that are managed in a coordinated way, to obtain benefits not available from managing them individually. There are several important things to remember about this definition. The projects in a program are related to each other. They must be […]

Updated on: 29th Sep 2020

PMP Exam Preparation Tutorial

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What is Project? A project is a temporary endeavor undertaken to create a unique product, service or result. A project is defined as temporary because it has a defined beginning and end time, and it is unique because it has a particular set of operations designed to accomplish a goal The primary characteristics of a […]

Updated on: 29th Sep 2020

What is Critical Chain Project Management?

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Scheduling is the process of sequencing all the project activities by assigning each activity a duration in a way so that they are completed in a timely manner. Critical Path Method (CPM) is the most widely adopted method of scheduling. In spite of preparing an optimized schedule and building adequate buffers into activities, it has […]

Top Project Selection Methods for Project Managers

Free Float Vs Total Float

Program Benefits Management Tutorial

Continuous Improvement – Agile Value Stream Mapping

Program Organization Tutorial

Risk and Issue Management Tutorial

Project Integration Management Tutorial

Planning and Control Tutorial

Program Management Principles Tutorial

program strategy Alignment Tutorial

PMP Tutorial

Program Governance Tutorial

Program Life Cycle Management Tutorial

PMP Exam Preparation Tutorial

What is Critical Chain Project Management?

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