NOTE: The PMI has announced that the PMP exam change is moved to 1 July 2020 from 16 December 2019. The PMI changes the PMP certification exam content every two or three years when they publish a new edition of the PMBOK Guide or release a new exam content outline. The next change that will […]
Project Requirements vs Project Scope Statement
Collecting a project’s requirements and defining project scope are two vital processes for any project. Both processes belong to scope management and are part of the planning process group. The project scope depends on the collect requirements process. In many small to medium-sized organizations, as there are very few stakeholders and the project is small […]
What is the Difference Between Push, Pull and Interactive Communication?
Project managers spend most of their time in communication. In fact, in the past, PMI used to say that project managers spend 90% of their time in communication. Communication plays an important role in managing stakeholders, and for the successful completion of your project, you must keep your stakeholders satisfied. Good communication skills coupled with […]
What are Rough Order of Magnitude (ROM) and Definitive Estimate?
The budget is one of the most important parameters of a project, and it is also a deciding factor in whether or not to proceed with a project. Calculating the project budget is not an easy task, and the accuracy of estimation depends on when you are asked to do it and the type of […]