Rebel’s Guide to PM

AUGUST 12, 2024

Optimizing risk responses is one of the 12 Project Management Principles in the PMI/ANSI Standard for Project Management which is now bundled with the PMBOK® Guide. Only 3% of risks, he estimated, turn into something explosive. The PMI Risk Practice Standard doesn’t include anything. What is a risk and issue log?

Risk Management 385

Risk Management Risk Underperforming Technical Team Technical Review 385

Rebel’s Guide to PM

MARCH 18, 2021

But what if you don’t use PMI methods? Whether you subscribe to the PMI way of thinking or use another approach based on your background, skills, experience, certification or the expectations of management, I’m pretty sure that you’ll have to create project documents. Documents are documents.

Logistics 511

Logistics Artificial Inteligence PMI Performance Measurement 511

Rebel’s Guide to PM

FEBRUARY 1, 2022

You’re here because you are planning to take your PMI Agile Certified Professional ( PMI-ACP )® exam. As well as a PMI-ACP training course, the most successful students also include a study guide in their exam prep because those books are designed to help you get ready for the test. A full PMI-ACP exam prep course.

PMI 195

PMI Software Review Certification Logistics 195

ProjectManager.com

NOVEMBER 27, 2019

It is a set of standard terminology and guidelines for project management published and updated by The Project Management Institute (PMI). With the tasks now sequenced, the resources required for each must be estimated and assigned. PMBOK stands for Project Management Body of Knowledge. What Are the Project Management Knowledge Areas?

Risk Management 521

Risk Management Monitoring Estimate Technical Review 521

Rebel’s Guide to PM

SEPTEMBER 14, 2021

This is a guest article by Brantlee Underhill, Managing Director, PMI, North America. By McKinsey & Company’s estimates, this equates to a potential of three months of learning loss in math and one-in-a-half months of learning loss in reading. Project Management Institute (PMI) understands this urgent need. Kickoff from PMI.

PMI 462

PMI 2020 Executing Initiating 462

MPUG

OCTOBER 14, 2024

Accurately estimating the duration of tasks is often a daunting challenge. From unforeseen delays to resource limitations, the inherent unpredictability of project activities can make accurate time estimation feel like an elusive goal. Project managers frequently grapple with uncertainties that can derail schedules and inflate costs.

Estimate 59

Estimate 2024 Risk Management Engineering 59

Rebel’s Guide to PM

FEBRUARY 20, 2022

It’s probably fairer and less controversial to say that it was ‘estimated’ rather than created totally randomly from scratch. But she was worried that other people were interpreting the estimate as definite fact. What is the PMI Code of Ethics and Professional Conduct? What is Ethics in Project Management?

Underperforming Technical Team 477

Underperforming Technical Team PMI Risk Management Estimate 477

Rebel’s Guide to PM

MARCH 4, 2019

You might want to take this even further and document exactly how you are going to estimate how much time resources will be required for, how you are going to ‘win’ scarce resources, and what risks you might face around securing the resources. Step 2: Estimate Resource Requirements. Resource estimation is always tricky.

Software Review 358

Software Review PMI Prince2 Estimate 358

Rebel’s Guide to PM

JULY 24, 2023

What is a ROM estimate? A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets.

Estimate 349

Estimate PMO PMI Budget 349

Rebel’s Guide to PM

APRIL 1, 2019

PMI defines a Knowledge Area in the PMBOK® Guide – Sixth Edition Glossary like this: An identified area of project management defined by its knowledge requirements and described in terms of its component processes, practices, inputs, outputs, tools, and techniques. As a PMI Registered Education Provider (R.E.P.),

PMI 413

PMI Risk Management Risk Estimate 413

Online PM Courses

JULY 25, 2022

Why is Project Estimation a big deal? It's very hard to do well & poor estimates are often a major reason for cost or schedule over-runs. The post Project Estimating Skills: How to Master Successful Project Estimation appeared first on OnlinePMCourses.

Estimate 162

Estimate PMI Planning Agile 162

Rebel’s Guide to PM

JULY 13, 2022

Dr Jo Griffin from Northeastern University’s Master’s in Project Management program gave some concrete examples of how you can actually use stories as part of your project communications plan at the 2015 PMI Global Congress EMEA. Dr Jo Griffin and me at the PMI Global Congress EMEA 2015. Use stories to connect and convince.

2015 498

2015 PMI Estimate Planning 498

Rebel’s Guide to PM

SEPTEMBER 29, 2021

In the PMI Business Analysis Practice Standard, business analysis is defined like this: The set of activities performed to identify the business need and recommend relevant solutions; and to elicit, document, and manage requirements. The responsibilities of a BA and PM on a project. What does a business analyst do? Interpersonal skills.

2020 473

2020 Certification PMI 2013 473

Rebel’s Guide to PM

OCTOBER 26, 2020

LeRoy Ward, PMP , PgMP, and PMI Eric Jenett Project Management Excellence Award winner, when I asked him for his view. Work out the end date ignoring the fixed delivery date, even if you do have to crash your analysis time into a shorter period and use estimates with a greater degree of uncertainty than normal. But now what?

Telecoms 482

Telecoms 2010 Estimate Prince2 482

ProjectManager.com

JUNE 27, 2024

Manufacturing Estimates Create manufacturing estimates, control costs and markup for fixed and variable cost elements. With this Acumatica manufacturing module, manufacturers can boost sales with fast and accurate estimates. Use this to improve profiles and maximize utilization. In 2019, it was recognized by Inc.

Manufacturing 417

Manufacturing Finance Estimate 2008 417

MPUG

SEPTEMBER 20, 2024

Advantages Bottom-up estimating is considered by experts to be more accurate than using top-down estimating where the mechanics are based on work breakdown structure (WBS) planning packages. So, the resulting estimate should be based on real views of the work packages.

Planning 105

Planning Estimate PMI Innovation 105

ProjectManager.com

JANUARY 23, 2024

Organizational Project Management Maturity Model (OPM3) by PMI Developed by the Project Management Institute (PMI) to help managers understand the maturity level in projects, programs and portfolios by using the 10 knowledge areas of the Project Management Body of Knowledge (PMBoK).

Underperforming Technical Team 458

Underperforming Technical Team Risk Management Software Review Budget 458

Rebel’s Guide to PM

DECEMBER 9, 2020

City Percentage Shanghai 78% Buenaventura 52% NEOM 39% Warsaw 39% Seattle 19% Tokyo 19% London 19% Las Vegas 19% Washington DC 19% Brisbane 19% Sydney 19% Percent of project professionals who believe they will get a pay increase of 5% of more in the next 12 months (Source: PMI; figures relate to country). They are both cannabis plants.

Infrastructure 482

Infrastructure Transportation 2020 Construction 482

Rebel’s Guide to PM

MAY 25, 2022

We have so much material about what processes to use, and yet it is estimated that 70% – and possibly as much as 81% – of project success depends on the human side of projects. The courses are all eligible for PMI PDUs which is great! Gertman et. I hope to get more project managers to take the training to build their skills.

Underperforming Technical Team 469

Underperforming Technical Team 2020 2001 PMI 469

ProjectManager.com

NOVEMBER 26, 2019

From there you can begin to know what your cost estimation for the project will be, scheduling and so much more. Well in this case, I’m referencing A Guide to the Project Management Body of Knowledge by PMI and this specifically is the 4th edition. There’s always more to learn.

PMI 468

PMI Construction 2019 Executing 468

ProjectManager.com

JUNE 15, 2021

There are two major certifying bodies, PRINCE2 and the Project Management Institute (PMI). Here are the main project management certifications offered by the PMI: Project Management Professional (PMP): This certifies that you’re a capable project manager who is competent in waterfall and agile project management. Resource Management.

Certification 476

Certification Prince2 Monitoring PMI 476

Rebel’s Guide to PM

DECEMBER 13, 2022

It can be helpful to compare estimates back to actuals to review how accurate the estimates were and inform future task planning. Organize regular training sessions for your team, and encourage them to spend time completing courses like PMI Kickoff that will help them to do their job better or broaden their skills.

Technical Review 418

Technical Review Software Review Estimate PMI 418

Rebel’s Guide to PM

SEPTEMBER 14, 2020

These are laid out in a research paper from PMI *. If they have any supporting materials (like quotes or estimates for the work that needs to be done) that might help the analysis, ask for those too. Paper presented at PMI® Global Congress 2009—North America, Orlando, FL. Who is responsible for scope creep? Larson, R. &

Underperforming Technical Team 498

Underperforming Technical Team 2009 Risk Management PMI 498

LiquidPlanner

JANUARY 4, 2023

I my first 15 years, I used single-point estimation to build project schedules. The next ten years I used ranged estimations with traditional Gantt chart project scheduling software tools – this was better but cumbersome. Ranged estimation has been around since the introduction of PERT and the three-point estimation method.

Estimate 156

Estimate Risk Management Software Review Critical Chain 156

ProjectManager.com

OCTOBER 17, 2023

At this point, there will be a selection of the project delivery method, construction cost estimating and permitting. Construction Estimate As you work on your budget during pre-construction, our free construction estimate template for Excel will help you forecast costs more accurately.

Construction 458

Construction Process Project Life Cycle Software Review 458

Rebel’s Guide to PM

MARCH 22, 2021

The project manager estimates the resource requirement and creates open positions that get fulfilled by the resource manager. Estimate activity resources: Determine resources needed for carrying out project activities. Incorrect estimation of team’s capacity and availability. Estimate resources required for the project.

Construction 423

Construction Estimate Technical Review Software Review 423

ProjectManager.com

NOVEMBER 19, 2021

To begin, let’s look at the five project management process groups defined in the Project Management Book of Knowledge (PMBOK), published by the Project Management Institute (PMI), the leading industry trade group. The business case includes the estimated costs and benefits of the project. If it’s not, it’s abandoned.

Process 433

Process Monitoring Controlling Software Review 433

Online PM Courses

SEPTEMBER 8, 2024

It’s 7 years since the PMI introduced Agile into the 6th Edition of its Project Management Body of Knowledge. We have now had the 7th edition since summer 2021, so I imagine PMI is currently working on the 8th edition! You can’t make accurate cost and schedule estimates. So what would you do? Give up and do nothing?

Agile 100

Agile Prince2 PMI Software Development 100

Rebel’s Guide to PM

JULY 20, 2023

A Guide to the Project Management Body of Knowledge (also known as the PMBOK® Guide -- 7th Edition) is core reading as prep for PMI exams. See on Amazon We earn a commission if you click this link and make a purchase, at no additional cost to you #ad 07/19/2023 01:40 pm GMT But what if you don’t use PMI methods?

Logistics 283

Logistics Artificial Inteligence PMI Performance Measurement 283

ProjectManager.com

FEBRUARY 7, 2019

Project Box’s clients include well-known companies like the Project Management Institute (PMI) , Accenture and Psychology Today. Tirado is the founder of New York City-based The Project Box , which provides performance consulting to businesses across the project management, sales and social media industries. Morgan Chase. Jon Terry .

Consulting 419

Consulting Lean 2019 2011 419

ProjectManager.com

JANUARY 12, 2022

There will be breakout sessions on using project management tools and techniques to help with more accurate estimates, how to keep projects on track and on evaluation of project performance. PDUs in the PMI Talent Triangle towards maintaining their PMP certification. PMI Global Conference 2022. AIPM National Conference.

2022 369

2022 Technical Review PMO Underperforming Technical Team 369

ProjectManager.com

APRIL 10, 2025

Based on the Project Management Institute (PMI) framework, these phases help project managers and teams stay organized, manage resources effectively, and achieve project goals. Budget and Cost Management Plan: Outlines cost estimates, funding requirements and financial controls to ensure the project stays within budget.

Software Review 221

Software Review PMO Technical Review Risk Management 221

ProjectManager.com

AUGUST 11, 2022

It’s likely that you’ll need to sketch out these possibilities, create cost estimates and use other technical analyses. For a more detailed look at value engineering as it relates to project management, check out the Project Management Book of Knowledge (PMBOK) published by the Project Management Institute (PMI).

Engineering 418

Engineering Construction Manufacturing Software Review 418

Project Risk Coach

JANUARY 9, 2024

Assign Probabilities: Estimate the likelihood of each uncertain event occurring and assign a probability to each branch. Estimate the Outcomes For each final outcome, estimate the costs, benefits, or other impacts associated with that path.

PMI 221

PMI Estimate Risk Management Risk 221

Rebel’s Guide to PM

NOVEMBER 27, 2017

It’s probably fairer and less controversial to say that it was “estimated” rather than created totally randomly from scratch. But she was worried that other people were interpreting the estimate as definite fact. The PMI Code of Ethics and Professional Conduct defines a set of standards for how project managers should behave.

Underperforming Technical Team 366

Underperforming Technical Team Estimate PMO PMI 366

MPUG

OCTOBER 15, 2024

Cost management involves estimating costs, setting budgets, and monitoring expenditures to prevent overruns. Gain access to 500+ hours of PMI-accredited training, live events, and a vibrant online community. Cost Management : Accurate budgeting and cost control are fundamental to project success.

Controlling 111

Controlling Agile Artificial Inteligence Technical Review 111

Rebel’s Guide to PM

APRIL 5, 2024

Material on the Knowledge Areas can still be found in the PMI web guidance which members have access to, called Standards Plus. Even if you aren't in the PMI world at all, the Knowledge Areas give you a good grounding on what to know and do to keep your projects moving forward. PMBOK 7 talks about the 8 project performance domains.

PMI 252

PMI Risk Management Risk Technical Review 252