Project Management

Project Management Knowledge Corner

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Project Management Knowledge Corner is blog where PM's can share facts, information, and skills acquired through the theoretical or practical understanding of the Project Management Profession.

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Recent Posts

The Influence of Social Media Tools Data Visualization Format on Decision Making in Project Management

Why are ground rules so important?

Do we need a full-blown PMO in order to Building a Scheduling Center of Excellence?

What does the CEO really wants from a Project Manager?

What's a project failure?

Categories

Communications Management, Cost Management, Human Resource Management, Integration Management, Knowledge Area, Leadership, Procurement Management, Program Management, Quality, Quality, Risk Management, Scheduling, Scope Management, Stakeholder Management, Time Management

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Question 2: EV=100, CPI=1, SV=80. How much is Earned Value?

Categories: Cost Management

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A.) 100
B.) 1
C.) 1.5
D.) 0

Question Taken from PM Prepcast...

 

Posted on: March 08, 2017 07:20 PM | Permalink | Comments (8)

Question 1: The PMBOK® Guide is an example of

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What is your answer?

A.) A project management methodology.
B.) A standard.
C.) A regulation.
D.) A university textbook.

Question Taken from PM Prepcast...
 

Posted on: March 08, 2017 07:19 PM | Permalink | Comments (1)

Are some times better than others to perform certain tasks?

Categories: Scheduling

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The idea is to keep focus as stated by Helene Lerner (2005) when saying that been distracted by other demands on our time can cause us to lose track of goals and derail them.

In a perfect world a Project Managers should have a clear plan as of when (time, date, hour) they should perform each task. They should not become distracted by attending to everthing and everyone around them; they should remain always focus.

Posted on: February 26, 2017 07:48 AM | Permalink | Comments (1)

When should a process be improved or when it should be adjusted?

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If the process is precise but not accurate you should adjust it, but if the process is neither accurate nor precise you should improve it.

 

Also read my post: What’s the difference between Accuracy and Precision?

Posted on: January 07, 2017 05:08 PM | Permalink | Comments (0)

What’s the difference between Accuracy and Precision?

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What’s the difference between Accuracy and Precision?

It is easy to google the answer, the idea of the post is to explain it in a way that PMs can understand what benefits these concepts and the importance in project management field.
 

Posted on: January 07, 2017 05:05 PM | Permalink | Comments (1)
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