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Advance Your Career

Creating and Capturing Value – More than just Cost Reduction

by Iain Fraser
June 14, 2018 | 60:56 | Views: 3,323 | PDUs: 1.00 | Rating: 4.43 / 5

Clarifying and widening the status quo around value, especially at the enterprise level. This webinar aims to offer an explanation of value management that goes beyond the notion of value engineering and process-based tools.

EDM: Earned Duration Management a Novel Approach

by Homayoun Khamooshi
April 29, 2014 | 62:47 | Views: 459 | PDUs: 1.00 | Rating: 3.67 / 5

The concept of schedule monitoring and control as one of the most important functions of project management has not been fully exploited. That could stem from the dominance of Earned Value Management Systems which use cost indicators to measure schedule preformance. This can be misleading. In contrast to Earned Value and Earned Schedule, the authors have developed the Earned Duration Management (EDM) which uses certain indices to measure progress and performance of schedule and cost.

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Save Time With Tools + Templates

Project Charter

PREMIUM deliverable
by Cynthia Snyder Dionisio

The Project Charter formally authorizes a project or phase. It defines the reason for the project and assigns a project manager—and the PM's authority level. The content of the Charter should describe the project in high-level terms. This revised deliverable is from A Project Manager's Book of Forms - Third Edition (A Companion to the PMBOK® Guide — Sixth Edition).

Project Charter Document (Korean Translation)

PREMIUM deliverable
by Ralph Moore

이 샘플 프로젝트 헌장은 완료해야 할 작업의 범위, 목표 및 전반적인 접근 방식을 정의하는 데 도움이됩니다. 프로젝트를 시작, 계획, 실행, 통제 및 평가하는 데 중요한 요소입니다. 프로젝트 목표 및 범위, 범위, 조직, 추정치, 작업 계획 및 예산에 대한 프로젝트의 단일 참조 점이어야합니다. 또한 프로젝트 팀과 프로젝트 스폰서 간의 계약으로 예산, 시간 제약, 위험, 자원 및 프로젝트에 대해 합의 된 표준에 따라 제공 될 내용을 설명합니다.

Project Charter Template (PMBOK® Guide Aligned) (Korean Translation)

PREMIUM deliverable
by Markus Klein, PMP

프로젝트 관리 지식 체계 (PMBOK®Guide) 가이드와 일치하는이 샘플 프로젝트 헌장에는 프로젝트 목표, 성공 기준, 위험, 가정, 제한 사항, 예산 등에 대한 섹션이 포함되어 있습니다.

Project Status Update (Presentation) (Korean Translation)

PREMIUM presentation
by Daniel Grzybek

이 프리젠 테이션 템플릿은 중대형 프로젝트 또는 동일한 이해 관계자가있는 여러 프로젝트를보고하는 데 사용되는 공식적인 고객 대응 현황 보고서입니다.

Learn From Others

Project Management Tattoos That Don’t Wash Off (Part 1)

by Roger Kent, PMP, PMI-ACP

Getting a tattoo is an act of meaning. You get “inked” to help you remember something: an idea, a person, an inspiration. What PM tattoos should you consider to help you on your road to success?

Project Constraints on a Journey Toward Being Agile

by Pawan Rai

Every project manager is familiar with the project management triangle, comprised of scope, time and cost. Quality, resources and risk are additional factors that must be accounted for to achieve project success. The focus here is to understand how these constraints are still relevant in the age of agile.

Topic Teasers Vol. 105: Strategic Analysis for Typical and Non-Typical Projects

by Barbee Davis, MA, PHR, PMP, PMI-ACP, PMI-PBA

Question: With the new emphasis on strategic and business skills for project managers, I know I should do some more concrete analysis of project success. But the projects I do are non-typical, and the “success” is more difficult to measure than number of units sold or even the profit margin. How can I calculate value in a more intangible environment?

Leveraging ROI Methodology in the Public Sector

by Vinod Kumar Paidakula

In order to maintain the same level of service to citizens, federal and state agencies need to increase efficiency by applying innovative techniques such as the return on investment methodology. This article aims to provide an introduction to ROI methodology and provides an example of how the public sector can make its processes more effective by applying it.

The 10 Secrets of Customer Dispute Management: 'Compromise'

by Kevin Joyce

In business, disputes happen. They are an unfortunate, but inevitable, consequence of the financial interests of the supplier and the customer. What happens when we, as project managers, are faced with a customer who says they are not happy, who refuses to pay or who threatens legal action? What steps can we take to address this challenge?

The Agile Budget Conundrum

by Joe Ballard

Companies have embraced agile over waterfall for managing projects. But for all the hoopla around Scrum and sprints, one area of the business has resisted agile because it means it must change the way it operates.

Cost Estimating: Budget Formation Principles

by Bernardo Antunes

Are you armed with an accurate budget? This article aims to highlight the main principles of budget estimates for projects, looking at basic principles to help you stay on target.

Design Your Status Report for an Audience of Leaders

by Joe Wynne

When you think of the leaders who look at your status reports as users, the look and feel of the report you use may be inadequate. Give leaders the information they need in a compelling manner by using design thinking to make improvements in how information is presented.

Project Performance Reporting

by Allen Chilmeran, PMP

Project-status reporting is intended to enable decision makers to make informed decisions that will increase the chances of achieving a favorable outcome. The process of establishing an effective and proactive reporting system that ensures engagement of the project executive team is discussed here.

3 Questions Every Sponsor Should Ask of Agile Project Teams

by Kevin Aguanno, CSPM (IPMA-B), Cert.APM, PMP, PMI-ACP, CSM, CSP, FPMAC, FAPM

While there are many governance data points that can be gathered and analyzed to help make go/no-go decisions, there are three in this writer's experience that stand out as being the most important.


Ask a Question

Discussion Rules

Recent Questions

Topic Originator Last Post Votes Replies
PMP certification pass what next  suresha hp  Jul 21, 2018 8:42 PM  16 
Calculating ROI  Timothy Lees  Jul 20, 2018 2:54 AM 
How does DGPR Affect our Project Managment Work?  George Lewis  Jun 22, 2018 11:34 AM 
I am filling in my PMP application, any suggestions would be welcome.  Chukwuemeka Okere  Jun 22, 2018 10:34 AM 
In need of a Project Management Mentor  Stacy Calhoun  Jun 17, 2018 2:06 PM 
which is percent of basic & detail engineering in capital project?  Carlos Alberto Veron  Jun 7, 2018 3:11 AM 
How do you negotiate costs when you have no leverage?  Bruce Watts  May 24, 2018 2:14 AM  12 
calculating contingency Reserve of the project  Moloy Chakraborty  May 22, 2018 1:25 AM 
How to track Capacity based billing?  Sneha Utturwar  May 21, 2018 10:37 AM 
When is cost highest in the Project Life Cycle?  Moloy Chakraborty  May 12, 2018 2:43 PM 
Which of the following is NOT true about Motivator-Hygiene theory?  Moloy Chakraborty  May 10, 2018 10:29 PM 
You are utilizing a technique of reconciling the expenditure of funds with the funding limits set for the project. As per the variance between expenditure of funds and planned limit, you are trying t  Moloy Chakraborty  May 10, 2018 12:42 PM 
Melbourne Metro - Huge project but equally simple are the learning  Rahul Sontake  May 2, 2018 9:13 AM 
Do you prefer to estimate in real time or ideal time?  Sante Vergini  May 2, 2018 5:03 AM  15 
Do you think it will be a good idea if PMI introduces a new certifcation for Cost & Estimation ?   Rami Kaibni  Apr 16, 2018 11:43 AM  30 
What are the key quality metrics one should measure  indira panchakarla  Apr 16, 2018 7:03 AM 
How does the number of stakeholders affect my project cost?  Mostafa Nour  Apr 12, 2018 7:59 AM 
lessons learned help  Bryan Murphy  Apr 10, 2018 8:18 PM 
Project Cost Controls   Joshua Moore  Apr 4, 2018 3:44 PM 
Can MS PROJECT handle multiple base currencies for resource costs? For example I rent my forklift in Indonesia and have a monthly Indonesian Rupiah Currency cost. I pay my PMP in US Dollars. Both are  Jonathan Kine  Mar 31, 2018 4:16 PM 
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