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In this article, we will look at two key knowledge areas: CommunicationsManagement and Stakeholder Management. If you are an aspiring ProjectManagement Professional (PMP ®) , you need to have solid understanding on how these two interact with each other. So, let’s start with CommunicationsManagement first.
In this article, we will look at two key knowledge areas: CommunicationsManagement and Stakeholder Management. If you are an aspiring ProjectManagement Professional (PMP ®) , you need to have solid understanding on how these two interact with each other. So, let’s start with CommunicationsManagement first.
According to the PMBOK guide, which is considered the bible for projectmanagers, projectmanagement is scientifically done by managingproject documents through 49 processes that are grouped into five project phases. . Plan Schedule Management . Plan Cost Management . Initiating.
ProjectCommunicationsManagement is the process of planning, collecting, storing, and updating project information. This article is part of a PMP Study Guide that summarizes the CommunicationsManagement Knowledge Area. In fact, over 90% of the projectmanager’s time is spent on communications.
The major disadvantage of not having a projectcommunication plan is you will never be able to maintain the pace of the development process. It can really affect your chances of meeting deadlines or influence client relationships negatively. So, create a plan based on clear communication goals. Communication protocols.
The Project Environment The project environment, characterized by internal and external factors, significantly influences the delivery of value within projects. Creating value throughout the projectlifecycle and integrating actions toward expected outcomes is one of the value propositions of managingprojects.
is an external factor or event capable of influencing the project’s success. . is a process of examining and determining risks of project failure as a result of improper assumption estimation. is a store of all assumptions and constraints created or processed within the projectlifecycle. . Assumption .
is an external factor or event capable of influencing the project’s success. . is a process of examining and determining risks of project failure as a result of improper assumption estimation. is a store of all assumptions and constraints created or processed within the projectlifecycle. . Assumption .
Risk management is not exclusive to information technology and high-tech projects; it is also imperative to view risks in other contexts as when choosing projectmanagement software, from the worries of a project sponsor, or unknowns within the projectlifecycle.
Expected time (when) in the projectlifecycle. Analyzing what assumptions have been made on the project may lead to the identification of risks. Influence diagrams. At this point in the risk management process, the risk register includes: Lists of risks. Scope Management – PMP Study Guide.
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