The corporate context defines the EPMO’s standing in the company. In other words, the EPMO’s reputation hinges on its ability to get things done compared to other departments.
These five emerging countries have growing economies - and serious project management opportunities.
Your career development is a journey not a destination. You need to set yourself apart and remain relevant in an ever-changing business environment. That’s why employer-relevant skills from the PMI Talent Triangle — leadership and strategic and business management — were incorporated into the CCR program. This ensures you can develop your career in a more consistent, actionable and meaningful way. And, most importantly, position yourself as the answer to what companies demand.
Project Scope Management includes the processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully. Managing the project scope is primarily concerned with defining and controlling what is and is not included in the project.
Project Time Management includes the processes required to manage the timely completion of the project.
Project Human Resource Management includes the processes that organize, manage, and lead the project team. The project team is comprised of the people with assigned roles and responsibilities for completing the project. Project team members may have varied skill sets, may be assigned full or part-time, and may be added or removed from the team as the project progresses. Project team members may also be referred to as the project’s staff. Although specific roles and responsibilities for the project team members are assigned, the involvement of all team members in project planning and decision making is beneficial. Participation of team members during planning adds their expertise to the process and strengthens their commitment to the project.
Project Risk Management includes the processes of conducting risk management planning, identification, analysis, response planning, and controlling risk on a project. The objectives of project risk management are to increase the likelihood and impact of positive events, and decrease the likelihood and impact of negative events in the project.
Project Integration Management includes the processes and activities to identify, define, combine, unify, and coordinate the various processes and project management activities within the Project Management Process Groups. In the project management context, integration includes characteristics of unification, consolidation, communication, and integrative actions that are crucial to controlled project execution through completion, successfully managing stakeholder expectations, and meeting requirements. Project Integration Management includes making choices about resource allocation, making trade-offs among competing objectives and alternatives, and managing the interdependencies among the project management Knowledge Areas
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With all the money and resources invested in new product development, over 80% will fail. 70% of software projects fail due to poor requirements. The estimated rework associated with these failures exceeds 45 billion USD annually