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Showing posts from July, 2022

Project Leader Roles and Responsibilities in Project Management

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  Successful project delivery requires well-understood project leader roles and responsibilities. To make this happen, they must be able to develop a project along with hiring the right talent and having everyone on board at the right time. That being said, it isn't always clear who the team members are or what their tasks are. For a project to be successful, it must be finished within the provided time frame and with a specific set of goals. Everyone has different skills, resources, knowledge, and insights that are important to achieve success in the project. You require experts to complete the task. A project Leader with expertise is required for a specific project. To get the task completed, we'll need some support. And in every field, there are project leader roles and responsibilities. Projects exist in every business, including design, development, information technology, telecommunications, and others, and they all have one common goal: finishing the project on time. The

Continuing Education in Project Management

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  Experts in project management require continuing education. This is because you need to maintain your professional certifications, which include PMI certification. They also often offer courses for people that want to learn more about project management. What is Continuing Education in Project Management? Before you earn a PMI certification, you are required to meet continuing education standards. PMI certificate holders are globally recognized as some of the most competent project management professionals in the field. Continuing education helps streamline the process of credential renewal and ensures your expertise remains relevant and competitive. PMI has created a Continuing Certification Requirements (CCR) Program that helps professionals maintain their active certification status. Partaking in this program as required during your three-year certification cycle can help you grow and develop desirable industry skills. PMI Continuing Education PDU Credits Education and training p

Risk Management Approaches in Project Management

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When it comes to managing risks associated with projects, there are some approaches that are more effective for dealing with positive and negative risks. In this blog, we’ll discuss the different risk management strategies in the project management domain Negative Risk Management Approach 1. Avoid Avoidance eradicates the risk by eliminating the cause. It may lead to not performing the activity or uniquely performing the same. The project professional may also modify or isolate the goal that faces an obstacle. Some risks can be eliminated by early data collection, enhancing communication between stakeholders, or leveraging expertise. This risk management strategy includes extending the scheduling or modifying the project activity scope. Another instance could be a dangerous risk that may lead to life loss and is eliminated by shutting down the project altogether. 2. Transfer In the Risk Transfer strategy, your risk is transferred to either an insurance firm or a vendor. They accept or

Is PMP Equivalent to Masters ?

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  A broader perspective of whether PMP Equivalent to Master’s or not? There are many differences in the qualifications of a PMP and an MSc. But, if we were to compare them based on certain criteria, then a PMP is more beneficial if you are looking for a job in project management or if you are looking for an increase in salary in your existing job in the field of project management. There are many different practices associated with the Project Management Professional Certification, but a Master’s Degree is much more detailed and in-depth training. The PMP is much more theoretical and research-based than the master’s degree. The PMP is longer and doesn’t provide as much job-readiness as the master’s degree. This is because employers value experience more highly than theory, which is also true for PMP certifications. Comparison between PMP and Master’s in terms of time Let's compare the time it takes to get a master's degree with the PMP certification. In order to become certif