Browsing All posts tagged under »pmp«

Earned Value Management – CPI and SPI

November 9, 2013 by

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Cost Performance Index (CPI) and Schedule Performance Index (SPI) are indicators of how closely accomplished work is on budget and on schedule. CPI shows how many dollars (or other type of currency) worth of work is being accomplished for every dollar spent. SPI shows how the work is progressing compared to the original schedule. The […]

Project Exclusions, Assumptions, and Constraints 5th Edition PMBOK

October 23, 2013 by

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Project exclusions, assumptions, and constraints (among other information) are included in a Project Scope Statement.  They’re also explicitly referenced in the Develop Project Charter, Plan Project Plan and Plan Procurement Management processes.  Each of the 47 processes has an implicit reference to exclusions, assumptions and constraints. Here’s a simple example to help you lock in […]

PERT Formula – 5th Edition PMBOK

October 19, 2013 by

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The Program Evaluation and Review Technique (PERT) formula or 3 point estimating is a simple and useful tool for project managers, and those who are planning to take their PMP Exam should have it memorized. There is much more to PERT as a project scheduling and planning technique than this formula, but here we’ll focus […]

Celebrate success – PMP style

February 7, 2011 by

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  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 […]

Virtual Teams – Conflict Resolution, Environmental IQ

January 21, 2011 by

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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 […]

Virtual Teams – Conflict Resolution – Prepare

January 19, 2011 by

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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 […]

Virtual Teams – Swift Trust

January 17, 2011 by

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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.