Communications Management Plan in Project Management Communication in business and in project management can be difficult, especially when you’re collaborating with virtual teams or working on global projects. But clear communication is a critical component to a project’s success. In our previous post, we covered the essential element, Identify and Analyze Risk. By using risk identification and analysis throughout a project, you can increase the odds that it will go smoothly, that you’ll stick to your budget and anticipated resource requirements, and that you’ll finish on schedule to impress and satisfy your stakeholders. Now, it’s time to cover the importance of a communications management plan, which is yet another essential aspect of successful project execution. Did you know that a project manager spends 90% of his or her time communicating? Yet, our studies show that communication issues are the most preventable problems on…
Identify and Analyze Risk in Project Management One of the most important steps when coming up with a plan for your next project is identifying and analyzing risks. Whether you’re new to project management or you want to become a better project manager, understanding how to accurately determine where your risks lie can help ensure you’ll meet your goals with fewer, if any, setbacks along the way. In our previous post, we covered the essential element, Creating a Work Breakdown Structure (WBS). A WBS is a graphical decomposition of project deliverables. It is the “family tree.” Now, it’s time to cover the important element of identifying and analyzing risks when you’re managing any project. What Are “Risks” in Project Management? What is a risk, exactly? Basically, it’s anything that might affect your project in either a positive or a negative way, so a risk is really a potential threat or…
Create a Work Breakdown Structure (WBS) in Project Management
Creating a Work Breakdown Structure (WBS) is an essential part of organizing a project. Once you understand what a WBS is and how it can help you succeed in project management, you’ll always want to have one in place for each and every project that you work on.
In our previous post, we covered the essential element of developing a project scope statement, which describes, in detail, the deliverables and the work needed to create a product, service, or result. Now, let’s cover the benefits that you can reap from creating a WBS.
Develop a Project Scope Statement in Project Management
The Project Scope Statement describes, in detail, the deliverables and the work needed to create a product, service, or result.
In our previous post, we covered the essential element, Identify Stakeholders. It’s important to identify anyone who can affect, or be affected by, the project or the product. But, to be a successful project manager, it’s also necessary to know how to develop a project scope statement, so that’s what we’ll cover below.
Identifying Project Stakeholders in Project Management
Effective project management requires detailed stakeholder identification to be performed. This includes internal and external stakeholders, such as business executives, leadership teams, SMEs, team members, departments, end users, vendors, customers, partners, and regulators.
In a previous post, we covered the essential element, create a project charter. A charter should identify key project stakeholders, but this is only on the high level, so let’s dive more deeply into what it takes to effectively identify all of your stakeholders.
Create a Project Charter in Project Management Project management is a systematic process used to initiate, plan, execute, monitor, control, and close a project to meet a defined set of objectives. At RMC Learning Solutions, we help teams understand the science and the art of project management by giving you the knowledge and skills necessary to ensure the success of projects. How do organizations maximize their projects to deliver the expected value on time and within budget? We found that the key to success lies in mastering six essential elements to effective project management. These elements ensure every project delivers significant value and return on investment. Let’s start with the first of the six essential elements: creating a project charter. What Is a Project Charter? The project charter is a document issued by the project’s sponsor. It authorizes the project and gives the project manager authority to do their…
Project Management Professional (PMP)®
According to news released to PMI® Chapters and Registered Education Providers: the December 16th exam change has now been moved to a later date. The last day for candidates to take the current exam is now June 30, 2020. On July 1, 2020 the PMP Exam will reflect the new exam content. For more information about RMC’s exam prep updates on our classes and products please visit our website.
Since the publication of “Rita Mulcahy’s PMP Exam Prep, Ninth Edition” back in January, we have been getting a number of questions asking why the book does not cover Agile Process. These readers note that A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Sixth Edition, discusses Agile through out and is shipped in a package set with the “Agile Practice Guide.” Seeing what they consider an obvious disconnect they reasonably ask whether RMC is suggesting that there will be no Agile questions on the PMP exam.
Understanding vs. Memorization
Why does RMC focus on understanding rather than memorization? As RMC’s project management practice leader I’m often asked: “why can’t I just memorize the process names, inputs, tools, techniques, and outputs (ITTOs) and pass the exam?” The answer to this question is quite simple. Understanding works, memorization does not, especially in the context of the PMP® exam. Let’s discuss understanding vs. memorization.