There’s no greater professional satisfaction than celebrating the success of friends. I had the pleasure of doing that with three great TAPUniversity alums and new PMP’s: Geri, Mike and Mike at Sorintino’s in Omaha. Related articles Asad Naqvi: Passed the PMP Exam 23-01-2011 (pmhub.net) Certification Exam Feedback: PMP , CBAP , CISA , CISM… [Read more…]
We have IQ, there’s Emotional Intelligence (EI) – I say we add EQ – environmental intelligence based on applying that Emotional Intelligence to what’s going on with stakeholders. A quick recap, a stakeholder is someone who has a professional interest in the outcome of a project. That interest may be acknowledged and formalized – corporate… [Read more…]
Conflict. The mere term evokes a strong response. In today’s environment, examples of conflict are replete: Middle East, War on Terrorism, Political Divides. Intra personal conflict also appears to be increasing. Project managers also encounter a variety of conflicts: inadequate resources, changing organizational direction, project direction, disagreement among stakeholder groups, clash with functional teams, role… [Read more…]
While delivering over forty Effective Virtual Team workshops at TAPUniversity since 2006, one question we encourage participants to ask is "well, OK, how does this differ from team members we see in person?"
Swift Trust is one concept worth digging in to help answer the question of differentiation.
Virtual teams are geographical dispersed teams (GDT) who are formed for a variety of reasons. Sometimes the virtual team is formed as a result of mergers and acquisitions (M&A), or a collaboration among organizations may trigger it, perhaps a key employee moves or a company wishes to get some “boots on the ground” in a… [Read more…]
Schedule (Activity Duration or Activity Resource) and Cost estimating are two lynch pins for business analysis and project management. The most common estimate techniques are: analogous, bottom-up, parametric and three-point – PERT. For those pursuing a CBAP® or PMP® how to use them and whether those are mutually exclusive can become a bit confusing. The… [Read more…]
Risk management weaves through multiple disciplines. Addressing potential future events, both good and bad, is the focus of risk management. There are two primary factors: 1) the probability of that event occurring and 2) the impact of that event occurring. Take those two together (multiply) and a Risk Priority Number can be calculated. For example… [Read more…]
The Project Management Institute has made available its PMI® Project Management Salary Survey – Sixth Edition. One may purchase the survey results at www.pmi.org/Resources/Pages/Project-Management-Salary-Survey.aspx for $150 for non-members of PMI. PMI’s publication, PMI Today, provides an overview of the survey results. It includes the statement that “in Saudi Arabia, United Arab Emirates, New Zealand, France,… [Read more…]
Good news for project managers who have earned their PMP®! It’s also an incentive for project managers who are considering becoming certified. The Wall Street Journal recently published an article indicating that increasing value is being placed upon having earned a certification such as the PMP. The article quotes the Project Management Institute (PMI) as… [Read more…]
Earlier postings described PROBE and COCOMO (“PROBE” posted April 14, 2010 and “COCOMO” posted April 15, 2010) which are two techniques for making software project estimates. The Putnam Model is yet another technique that can be employed in the project planning stages to estimate the time and effort of a proposed software project. It is… [Read more…]
The very succinct first mandatory Respect standard in the Project Management Institute’s (PMI) Code of Ethics and Professional Conduct (http://www.pmi.org/About-Us/Ethics/~/media/PDF/Ethics/ap_pmicodeofethics.ashx) is “3.3.1 We negotiate in good faith.” When we negotiate in good faith, we negotiate with good and honest intentions or beliefs. It surprises me that this standard is categorized as a Respect standard rather… [Read more…]
I first saw the term Horse Blanket in reference to project scheduling in the Project Management Institute’s Practice Standard for Scheduling. There in a flowchart for the Select Scheduling Method step, Horse Blanket is mentioned alongside Critical Path Method and Critical Chain. The term was undefined in the book’s glossary and a search on information… [Read more…]
Risk is an important topic for project managers. The Project Management Institute (PMI) awards a Risk Management Professional (PMI-RMP) certification and within PMI there is a Risk Management Special Interest Group (SIG). The Project Management Institute has released its official Practice Standard for Project Risk Management. It can be purchased at http://www.pmi.org/Marketplace/Pages/ProductDetail.aspx?GMProduct=00101169201 for $55.95 for… [Read more…]
The Project Management Institute has unveiled its new core values. According to the January 2010 edition of PMI Today, the Core Values Review Task Team obtained feedback from stakeholders which led to 45 candidate values. The definition of core values are “essential and enduring principles guiding PMI.” From these 45 candidates, the 5 values deemed… [Read more…]
Project Managers, does the PMI Code of Ethics and Professional Conduct matter? Individuals who are certified by the Project Management Institute (PMI) have all agreed to abide by this code. What influence does the code actually have? I have often thought of professional codes as primarily a means for a profession to rid itself of… [Read more…]
A PMP® (Project Management Professional certification) status is either Active, Suspended, or Retired. As soon as someone has earned their PMP, their status is Active. If they maintain their Continuing Certification Requirements by earning and reporting 60 PDUs (Professional Development Units) during each three-year cycle, they continue to have Active status. If they do not… [Read more…]
Congratulations–you’ve earned your PMP® (Project Management Professional certification)! Now you must earn PDUs (Professional Development Units) in order to keep your PMP. One PDU represents about one hour of experience or activity. From the time you earned your PMP, you have three years to earn 60 PDUs. After earning PDUs, they must be reported to… [Read more…]
A frequent reason people visit our blog is to find mnemonic devices for learning the nine project management knowledge areas listed in the PMBOK®. The nine knowledge areas are: Integration, Scope, Time, Cost, Quality, HR, Communication, Risk, and Procurement. A couple examples were posted on January 28, 2009. Here are some more starting with some… [Read more…]
February 7, 2011 by David Kohrell
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