Project Management Body of Knowledge sixth edition suggests forty-nine different project management processes. Moreover, the five different process groups logically categorize these processes. Further, the ten knowledge areas also make use of these processes to establish a specific field of study. This article describes how project management processes links with process groups and knowledge areas.

The new PMP Exam 2021 has come into effect from 02 January 2021. Thus, the PMP certification exam is now based on the new exam content outline. As a matter of fact, PMI published its new exam content outline in June 2019. Now that the changes have come into effect it is good to understand these changes. Read this post to understand major changes to the PMP Exam.

Project Phase and Project Management Process Groups are often misunderstood terms. Project phase is a collection of logically related project activities that culminates in the completion of one or more deliverables. However, Project Management Process Groups are logical grouping of project management processes. This blog post describes the differences between the two terms.

PMBOK 6th edition groups tools and techniques as per their purpose. The group names describe the intent of what needs to be done. The tools and techniques in the group represent different methods to accomplish the intent. PMBOK 6th edition has 07 groups of 132 different project management tools. The 132 tools and techniques are good practices that can be used for successful project delivery.

A pareto chart is a series of bars whose heights reflect the frequency or impact of problems. It consists of both bars and line graphs. Bars in descending order in a pareto diagram represent individual values and the line is cumulative value. A pareto diagram gets its name from the pareto principle. According to pareto principle 80% of the effects comes from 20% of the causes.

The lessons learned register is a document that the project team uses to record their lessons learned in a project. Project Management Body Of Knowledge (PMBOK) Sixth Edition has introduced a new process called “Manage Project Knowledge”. The manage project knowledge process chiefly governs lessons learned in projects. The lessons learned register is an important output of this process.

Lessons learned benefits projects of all sizes and complexities. Certainly, documenting valuable project experience gained creates a knowledge base for future similar projects. Even though its importance in project management is evident project teams often fail to complete this crucial exercise. Profitability of future projects suffer due to lack of this knowledge base. This post includes 10 significant lessons learned benefits.

The most important aspect of maintaining PMP certification is investing time in acquiring and reporting PDU. It is essential to understand various categories of professional development units necessary for reporting pdu under each of these categories. This post provides in-depth analysis of pdu requirements and lists activities associated with different pdu categories.

The seven basic quality tools facilitate data collection, data analysis and data visualization. PMBOK 5th edition specifically mentioned the complete list of the seven basic quality tools. However, PMBOK 6th edition has grouped all tools and techniques under six specific categories. Hence this post briefly describes all seven basic quality tools like Pareto diagrams, Check sheets, Control Charts etc.

Quality control data representation tools are the set of tools and techniques that represent quality control data in graphical format. PMBOK 6th edition has grouped all tools & techniques in six major categories; data representation is one such category. Control quality process also uses tools from other categories such as data gathering & data analysis. This post describes quality control data representation tools.

June 2019, PMI announced PMP certification exam changes via an updated pmp exam content outline. The new structure takes effect from 16 Dec 2019. Whereas, the last date to take the pmp exam according to present structure is 15 Dec 2019. The profession of project management is evolving hence PMI changes exam content every 3 – 5 years. Hence, this post describes pmp certification exam changes in 2019.

Net Present Value is a financial analysis technique that evaluates project profitability. It is a useful project selection technique. NPV project selection criteria falls under the classification of benefit measurement method. Further, NPV analysis uses discounted cash flow method to assess project profitability. In fact, major advantage of NPV method is that it uses time value of money.