Project management is challenging because things don’t always go as planned. Changes to your project scope or deliverables can happen through gold plating or scope creep. Avoiding these will prevent delays, increased costs, and other project management issues.
Ever use that old saying, “a lot is at stake” when speaking to the impact an event can have on others? Stake refers to something to gain or lose; a stake in a new business means you want it to be profitable. A stake in a game can be a bet on the final score. Within any project, there are Stakeholders; entities to which there is an impact depending on the outcome of the project. Whether you are a practicing Project Manager seeking to enhance your understanding of this important tool or a newer Project Manager prepping for your Project Management Professional (PMP®) certification exam, knowing who is a stakeholder and documenting key information in a register will benefit your work. Let’s dive in and see how to create a Stakeholder Register and explore it’s value.
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Project Managers know how clients will react when presented with large amounts of data in the form of a spreadsheets with hundreds (better yet, thousands!) of rows of numbers with no context or clear meaning; it will not be a reaction of gratitude. On the other hand, if that same large dataset is presented using data visualization and a quality tool, like a histogram, then the client will be able to see the connection to the project decision needed. Histograms are a statistical tool included in the Project Management Professional (PMP)® certification exam as they are used by project managers to plan and manage quality.
The Project Management Professional (PMP)© certification is well-respected industry-wide as a credential proving project management expertise and experience. Its many benefits, including professional development and career advancement, make it a highly valued certification. However, the PMP certification is not easy to earn. The PMP exam is rigorous and challenging, which leaves many PMP exam applicants wondering: what is the PMP passing score?
What are the Project Management Professional (PMP) knowledge areas, and are they still relevant to the new PMP exam? In the Project Management Institute’s (PMI) most recent update to the PMP exam, some familiar concepts may seem to have “disappeared.” While the PMP exam now focuses on three domains with various tasks, enablers, and tools, this does not mean information about process groups and knowledge areas is now obsolete.
As a Project Management Professional (PMP), influence diagrams are a valuable tool for illustrating influences on a project or project element. Project Management Academy can help you break down the influence diagram PMP significance in more detail. Understanding PMP influence diagrams can help as you study for the PMP exam and manage actual projects.
Whether you are pursuing a Project Management Professional (PMP)® certification, looking to record your Professional Development Units (PDUs), or interested in any type of project management training, knowing how to describe and document your project management experience is essential. Your PMA experts can help you break down what PMP experience examples should look like.
Gaining marketable skills, earning a globally recognized certification, and learning from verified training providers, is the best way to invest your personal training budget. Working towards a Project Manager Professional (PMP ®) certification, with PMP holders earning 25% more than counterparts without it, is an important professional goal. Make sure that you are informed about the PMP process and your training investment will have the needed returns. With the PMP® certification exam changing on Jan. 2, 2021, all project managers should know the content changes and how to prepare for exam.
As the job market evolves, you should always be working on keeping skills fresh and expertise sharp. A Project Management Professional (PMP)® certification enhances the professional standing of anyone, regardless of whether your official title is “project manager” or if project management is a skill set within many you have. Research for the U.S. suggests PMP certification holders earn 25% more than counterparts without the designation. The PMP exam is a challenging experience that requires good planning for a successful outcome.
With Project Management Institute’s (PMI) Authorized Training Partners (ATP) program, you can be confident that your training content and instructors align with industry standards and credential testing. Whether you are looking for training for your Project Management Office, your department, your team, or yourself, the ATP program ensures content consistency and quality.