MilestoneTask
Delivering Project Management Excellence
Project Management as a practice is not new. In the past project management helped create various wonders of the world. However, it is the armed forces that has further developed this concept and applied in practice. The project management concepts that we use today have evolved over a long period of time. This post describes all the essential aspects of this subject. Read More
Professionals as well as PMP aspirants need Earned Value Management (EVM) formulas. Many believe that the earned value management (EVM) formulas are difficult to remember. However, this is not true, with little practice and understanding anyone can recollect these formulas during the examination or while applying EVM techniques in their projects. Read More
PMP Formulas Complete Certification Guide consists the most important formuals required for the project management professional certification examination. This list includes PERT, Crital Path Method (CPM), Earned Value Management (EVM), Net Present Value (NPV), IRR, CBA, EMV, Statistics and Procurement Management formulas. Read More
The PMBOK Guide seventh edition is divided into two main parts namely; the standard for project management and secondly, A Guide to the Project Management Body of Knowledge. The standard for project management includes two major components, firstly, a system for value delivery, and secondly, the 12 project management principles. Read More
PMI is likely to release PMBOK Seventh Edition on 01 August 2021. New release of PMBOK is a major upgrade to previous versions of this standard. Knowledge areas and ITTOs would not be part of this new release. So, what exactly has changed in PMBOK 7th edition? This blog post answers important questions pertaining to the release of PMBOK 7th edition. Read More
Project Management Body of Knowledge 6th edition has 49 different project management processes. The 5 different process groups logically categorize these processes. Further, the 10 knowledge areas also make use of these processes to establish a specific field of study. This article describes how these processes link with process groups and knowledge areas. Read More
Project management process groups are logical grouping of various project management processes. This grouping of processes helps to achieve a specific project objective. In fact, these five project management process groups accommodate 49 different project management processes. This blog post briefly describes the five project management process groups. Read More
