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Earned Value Equations
Schedule Metrics Schedule Performance Index (SPI) SPI = earned value / plan value Schedule Variance (SV) SV = earned value – plan value Schedule Variance (time) SV(t)= Earned schedule – Actual time Schedule Performance Index (time) SPI(t)= Earned schedule / Actual time Revised Estimated Duration = Original planned duration / SPI(t) Also used for target […]
Why become a Project Manager?
Getting success as a project manager can be a very rewarding experience. It is basically planning, organizing and managing in order to complete any project successfully. Depending upon the assignment, the projects can range from small to medium business project to large consolidation projects. A career as a project manager involves the use of proper […]
Five Benefits Of Managing Projects As Part Of A Programme
1) The programme manager can co-ordinate the project to deliver strategic benefit for the organisation. This can be difficult for individual projects because they do not have a communication route to the senior management team or a way in which the projects can be co-ordinated. An example of this would be the London 2012 Olympic […]
Five Benefits of Managing a Project as Part of a Programme
1) The programme manager can co-ordinate the project to deliver strategic benefit for the organisation. This can be difficult for individual projects because they do not have a communication route to the senior management team or a way in which the projects can be co-ordinated. An example of this would be the London 2012 Olympic Games in which programme management played a critical part in the success of the project.
5 Reasons Why Change Control Is Important For Projects.
Paul, could you please provide feedback on the below; Explain five reasons why change control is important for projects. Plan 1. Purpose, 2. The cost of change curve figure58, 3. counterproductive to have uncontrolled change, 4. cost is fully considered, 5. proper authorisation The change control process is required to make sure that the […]
4 Organisational Roles And Their Contribution To Business Case
Project Sponsor Project Manager Users Steering Group The project sponsor owns the business case for a project. They are responsible for delivering the benefits outlined within the business case and as such will review the business case as the project progresses to ensure the project manager is managing the project in such a way […]
Where does social media fit into project management?
Unless you’ve been hiding under a rock for the past decade, you are probably already involved in many levels of social networking for both your professional and personal lives. Social media has become as much a part of our days as texting a friend or saying ‘hi’ to a colleague in the hallway.
Not only that, but social networks are now about much more than informing the world that you’ve just had a cup of coffee (although some people still do that). These days they form an important element of business, and can be used intelligently by companies to connect with their clients and to connect departments and teams internally and so improve project management communications.
What Project Management Training Is All About
Effective project management training, or indeed any type of professional training offers many benefits to the employee and the employer; but many employees consider it a chore that has to be done and that they have no choice but to undertake a particular course either because their employer expects it or because all of their […]
Mock APMP Exam For All Those Who Have Exam Dates Coming Up
Hi Several people in this study group have exams coming up over the next few weeks. So to help with last minute revision here are some sample questions to try. Post your answers below and we will give you feedback. 1) Describe five key components of a procurement strategy? 2) List and describe the five […]
How to Manage a Project Rescue?
The job. The task strategy was considered. Dedication and acceptance were distributed by the project board. The task is getting underway and is making great progress against milestones. The project team is meeting their goals; the budget and agenda are now being adhered to. The task was executed perfectly according to the project management training […]
Project Management Development Centers
If you need to truly develop project management performance, you need to consider the word ‘competence’ not just knowledge. Competence in the words of the OED means someone’s ability or potential to manage a project to a defined performance standard and in projects, the standard is delivering on time, within budget the specification. Developing your […]
Assessment Based Project Manager Training
The primary reason why businesses invest in project management training is to improve the delivery of projects. Improving project delivery requires an understanding the things done by effective project managers and instilling these behaviours in a wider community of project managers. There are two approaches to this development; the first uses standard models of competence […]
Homework Following Virtual Learning Part 1
Following the recent virtual coaching session I promised to set some APMP questions covering the more difficult parts of the APMP syllabus. Please have a go and I will give you feedback. 1) Describe in five paragraphs using an appropriate model situational leadership?This referes to Harsey and Blanchard 2) Describe five principles of project governance?Remember […]
5 Ways In Which A Project Manager Can Overcome Conflict
This question is refering to Thomas Killman, you need to write five paragraphes on each…..
News and Other Interesting Reads
3 Apps to Simplify Your Project Planning Process Completing different projects is an integral part of business operations and continual growth. Success relies heavily on organization and execution while meeting deadlines. Although staying on target isn’t always easy, utilizing project planning apps can streamline a project and minimize complications. Oracle’s Vision for Project Management at […]
Adrian Taggart – Project Manager Interview
I recently had the opportunity to talk to Adrian Taggart, one of the Parallel Project Training Associates, about his career in project management. He has had experience in a range of different roles and organisations so it was very interesting finding out about his background and he has plenty of good advice to offer both […]
5 Paragraphs About Operation Of A Matrix Organisation
This is quite difficult because the question is very open, think about roles and responsibilities of the PM and functional managers, responsibility for time, cost and technical quality, processes for assigning resources. It is not asking for pro and cons?
Describe The Five Phases In The APM Project Lifecycle
A relatively straightforward question, write a paragraph of 2-3 sentances about concept, definition, implementation, handover and close. Remember to use the phrase “this is important because” in the miidle of each paragraph. Plots your answer below and we will give you feedback.