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Fast Tracking and Crashing - Schedule Compression Techniques in Project Management

Fast Tracking And Crashing – Schedule Compression Techniques

Fast tracking and crashing are the schedule compression techniques in project management. These are powerful weapons for the project manager to deal primarily with project schedule and cost related concerns. From the PMP exam perspective also, understanding the concepts of fast tracking and crashing are very …
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Program Evolution and review technique - PERT - Three point estimate

Program Evolution And Review Technique (PERT) & Three Point Estimates

Program Evolution and review technique (PERT) is a estimation technique which is used to find out the project duration or the project cost. Before going to the details of program evolution and review technique (PERT), let us understand what is this estimation thing all about. When …
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Project Procurement Management

The Complete Guide to Project Procurement Management

Project procurement management has all the processes that you as a project manager to deal with when you are outsourcing a part of your project work. Sometimes you need to go to an outside organization to do some of your project work. In this case your …
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Stakeholder Analysis

Stakeholder Analysis – How To Analyze Project Stakeholders?

Stakeholder analysis will help to categorize the stakeholder so as to fulfill the stakeholder expectations as per the project needs. As soon as you get into a project as a project manager, the first document that you would get input pertaining to the stakeholders is the …
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PMI code of ethics and professional conduct

PMI Code Of Ethics And Professional Conduct – Every Project Manager Should Be Aware

PMI code of ethics and professional conduct tells you how to be good at your work as a project manager. Every project manager who is PMP certified by default agrees to follow the PMI code of ethics and professional conduct. You might be having lot of …
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Business Case Document

Business Case Document – How And When It Is Prepared?

Business case document is a well structured formal document consisting of supporting information to get approval from some one in the senior management, for implementing a solution to resolve a specific problem or business need in the organization. Each business case will be triggered from a …
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PMBOK 6th Edition changes in 2018

PMBOK 6th Edition Changes In 2018

The much awaited period for PMBOK 6th edition is over. Indeed, it is both a good and bad news for the PMP test takers. It is bad for the people who were already prepared for PMBOK 5th edition and couldn’t attempt the PMP exam, before it changed …
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Types of Procurement Contracts

Types Of Procurement Contracts In Project Management

Types of procurement contracts describes the types of contracts during the procurement process. Eventually every organization may not be able to do all the work in your project. It could be because of your organization is not focusing on those type of sub tasks or projects. …
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Procurement Documents and Procurement Management Process

Procurement Documents and Procurement Management Process

Procurement documents are often used as a form of communication channel between bidders and sellers. Your company may not be able to produce the components required by the project. It may procure goods and services from any other vendor who has capability to provide you the …
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Change Management

Change Management – How to Manage Changes In The Project?

Change management is about properly implementing the changes in the project. When I was working as a developer a long time ago, I know how much rework I had to do to implement the change in the project. Project managers spend lot of time and effort …
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