An interesting question that some of my students have been asking lately is whether they should spend time studying for the PMP® Exam or concentrate on studying for the PMI-ACP® Exam. In response to this question I give one of my favorite answers as an instructor – “Well…. it…Continue
Added by Cornelius Fichtner on October 18, 2016 at 1:57pm — No Comments
I wouldn’t be surprised to hear an upfront question: “Project management unique in which category?” Most of us know definition of project- as stated by PMBoK™. The answer is: There are certain aspects that set project management different from all other management activities. The other management activities can be managing routine things, conducting class, organizing training or workshop floor activities. Let’s look at which things separates…Continue
Added by Josh on July 6, 2016 at 11:38am — No Comments
The fact that you are reading this article means that you are interested in getting your PMP. You may have already taken some steps, perhaps you are gathering information about it or perhaps you have done more than that. The good project manager that you are, you hopefully have in mind or even written down on paper a roadmap, timeline, and a set of steps to get your PMP. This is all well and good, but no matter where you are in your PMP preparation journey, what we want to emphasize in…Continue
Added by Cornelius Fichtner on July 3, 2016 at 2:21pm — No Comments
According to A Guide to the Project Management Body of Knowledge (PMBOK® Guide) a project is “a temporary endeavor undertaken to create a unique product, service or result”. Being that each project is unique it is important to also understand that an organization's project management processes will likely need to be tailored in order to ensure project success. Project tailoring takes into consideration that project…Continue
Added by Cornelius Fichtner on February 11, 2016 at 9:30am — No Comments
In our last article You are probably wrong about probability we looked at probability. Randomness is a key ingredient in probability, contributes to luck, affects statistics, and can easily be confused for skill or competence!
Luck and randomness are interlinked,…Continue
Added by Patrick Weaver on December 2, 2015 at 5:08pm — No Comments
This is the first of four articles based on Leonard Mlodinow's book, The Drunkards Walk; looking at probability, in the next article we will look at randomness, and then how this affects everything in project controls and business. For example, does the Rugby Union win this week prove that New Zealand are a better team than Australia? Maybe not! The central claim in The Drunkards Walk is…Continue
Added by Patrick Weaver on October 31, 2015 at 7:50pm — No Comments
You are asking yourself right now, “Where do I start to guarantee I pass the PMP® exam in 30 days”? Be patient, stay calm, and continue to read this quick article to understand the steps of this process – how each step leads to the next. So remember – finish one step before starting the next to prevent yourself from becoming overwhelmed. Preparing for the PMP exam will take daily dedication to studying and understanding the material.…Continue
Added by Cornelius Fichtner on October 1, 2015 at 1:20pm — No Comments
Every five to seven years, the Project Management Institute (PMI)® performs a “Role Delineation Study (RDS)”. This is basically a big survey among project managers like you and me from around the world with the goal to identify what it is that we do on our projects. As a result of the most recent RDS, PMI now has a pretty accurate picture of the tasks that we project managers perform, as well as the knowledge and skills required for our job.
PMI has used this information to update…
Added by Cornelius Fichtner on October 1, 2015 at 1:19pm — No Comments
I was recently involved in a virtual discussion on the Association for Project Management (APM - UK) website around the use and differences between a Product Breakdown Structure (PBS) and a Work Breakdown Structure (WBS). The resulting briefing document produced by the APM is summarised here with some additional commentary.
The concept of a WBS goes back to the development of PERT, in the USA, in the1950s (if not earlier) and is integral to the concept of Earned…Continue
Added by Patrick Weaver on September 8, 2015 at 6:22am — No Comments
A couple of conversations in the last week or so has highlighted the importance of effective communication if you want anyone to take notice of the project information you have carefully gathered and analysed. Good data, good analysis and good information are useless if no one gets the message.
Far too many project controls professionals and project managers think they have done their job once the data has been gathered, analysed and the information developed to facilitate an…Continue
Added by Patrick Weaver on August 9, 2015 at 6:21am — No Comments
If you are in the middle of preparing to take the Project Management Professional (PMP)® Exam you have undoubtedly read through A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition at least once and possibly even more. If you are just starting to prepare to take the PMP Exam, then you should be planning to read through the PMBOK® Guide at least a couple of times. The PMBOK® Guide should be your primary resource when studying for the PMP Exam as it is the…Continue
Added by Cornelius Fichtner on August 5, 2015 at 4:34am — No Comments
Project delivery in the IT space is a fun job. You get to do interesting things, usually no two things are exactly the same and in the process get to play with technology. Life couldn’t be better. That is until you run into some oddities. Agile methods have not been everyone’s cup of tea. Ambiguity is the enemy of most bureaucratic environments. Before committing to any…Continue
Added by Shoaib Ahmed on July 16, 2015 at 9:30pm — No Comments
On many occasion we, and others, have defined good governance as balancing the needs of stakeholders and the objectives of the organisation to achieve long-term, sustainable value for the majority, if not all, stakeholders (see: Mosaic’s governance archives). From these considerations, Dr. Lynda Bourne developed the ‘…Continue
Added by Patrick Weaver on July 12, 2015 at 2:29am — No Comments
If you are working towards or just considering taking the Project Management Professional (PMP®) exam it is certain you have concerns about taking the exam itself. Concerns that can only be answered by practicing, or what types of questions are on the exam, or do I understand the material enough to pass, and can I answer 200 questions in four hours. You can discover the answers to these concerns and others like them through taking mock exams or answering mock online exam questions before you…Continue
Added by Cornelius Fichtner on July 7, 2015 at 8:23pm — No Comments
The need for effective planning and scheduling has been recognised for well over 100 years. Projects fail when they overrun the allocated time and budget and overrunning on schedule is a great way to make sure you also overrun on cost.
The elements needed to enhance the probability of project success are also well known, starting with a skilled project manager and team, with the necessary knowledge, skills and experience. The next layer of support to build success is making sure the…Continue
Added by Patrick Weaver on June 20, 2015 at 7:23pm — No Comments
If you are just beginning or are in the middle of studying for the Project Management Professional (PMP®) Exam, you probably already know that in order to pass, you need to fully understand both A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition, Project Management Institute, Inc., 2013 and the Project Management Institute (PMI) Code of Ethics. You have probably spent some time thinking about the many study techniques available to you. In this article, I…Continue
Added by Cornelius Fichtner on June 18, 2015 at 8:42am — No Comments
In our previous article we discussed the 7 questions that most of our PMP Exam coaching students ask us as they start out their journey. However, over the years we have identified a second set of 7 questions - the questions students SHOULD be asking us but they don’t. Here they are:
1. What’s the most important brain dump or diagram to learn?
This is an easy question! It’s Table 3-1 in the PMBOK® Guide. This…
Added by Cornelius Fichtner on May 5, 2015 at 2:26pm — No Comments
Project controls processes and project reports are full of numbers and calculations and one would think that most project stakeholders, particularly senior managers, would see and understand the numbers in the same way. Unfortunately resent research suggests this is not the case – many people have real difficulty understanding and interpreting…Continue
Added by Patrick Weaver on April 17, 2015 at 9:43pm — No Comments
When students start their Project Management Professional (PMP)® exam prep (for the first time, or again after having failed the exam), there are a number of questions that come up time and time again. In this article we share the top 7 questions that every student asks us in our role as their PMP exam coach. Whether you have a coach or not, knowing the answers will help you get started more quickly with your own exam preparations.
Let’s dive straight in with the first…
Added by Cornelius Fichtner on March 26, 2015 at 7:09pm — No Comments
One of the hardest things to do is to stop wasting money and resources on a losing proposition, emotions, biases and focusing on simple but irrelevant measures can all lead to bad decisions. A proper consideration of ‘sunk costs’ can help eliminate these ‘always wrong’ decisions.
The fact you have spent several months and $thousands on a mission to accomplish something should not influence your thinking about expending more time and money (but it frequently does)! The past is past,…Continue
Added by Patrick Weaver on March 25, 2015 at 5:41am — No Comments