Critical Path Method Network Analysis

Critical path method network analysis ensures that there are no schedule slippages and cost overruns. The critical path method specifies the extent of schedule flexibility permissible in a given logical relationship. CPM analysis further allows the project team to work out various scenarios of schedule delays. Critical path method also helps to establish a probabilistic estimates of project completion targets. Further, critical path method in project management also facilitates accurate assessment of schedule risk. Read More

MS Project Summary Task Is Not WBS

Summary task as the name signifies are project activities used for structuring the project schedule. Summary tasks are not assigned any predecessor and successor and are also not assigned any duration or resources. MS Project automatically calculates the duration, start, finish dates and the cost associated with the summary task based on the information of the associated sub task. In order to create a summary task in MSP, all you need to do is to indent a task just below it. Read More

PMP Certification Benefits Organizations & Individuals

PMP is an abbreviation for Project Management Professional, it is a professional certification offered by a not-for-profit professional membership association for the project, program and portfolio profession called Project Management Institute (PMI) based at Pennsylvania, USA. According to the May 2017 edition of PMI Today, PMI has 286 chapters, is spread in 208 countries and has 484,524 members. In this post let us see what benefits does PMP certification offer to both the individual as well as the organization. Read More

PMP Certification Application Process

Project management professionals engaged in managing projects big or small, simple or complex have a  desire to attain the PMP certification. PMI Today May 2017 edition puts the total active holders of PMP credential to 761,905,  making it by far one of the most sought after professional credential world over. It not only showcases that the project manger has a deep insight of the subject matter but also helps in smooth delivery of the projects hence the pmp certification provides numerous benefits. Read More

Project Schedule Development Process

Project schedule development process is an iterative process and continues through out the project as work progresses. Project schedule is updated as the duration, resource estimates change on account of changes to project scope and budget. Anticipated risks may occur or disappear and this may also result is updating the project schedule. Before we start… Read More

15 Benefits of a Project Management Plan

Benefits of a Project Management Plan Project Management Plan: A project management plan is the collection of outputs of the project planning processes. It defines how the project is executed, monitored and controlled and closed. The project management plan needs to be updated and revised throughout the Integrated Change Control Process. The Project Management Plan… Read More

Daily Project Execution Plan Complete Guide

Importance of planning: A project manager needs to plan all activities required to achieve project deliverable, latest project planning software’s are a handy tool and can accommodate a never-ending list of activities. At times a Project Manager is required to have better skills in handling information generated by these software rather than demonstrate his core… Read More