project management

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Project Progress Report for Major Stakeholders (AKA Weekly Status Report)

By | 2017-07-27T13:28:03+00:00 July 27th, 2017|Articles, Free Resources, Project Management, Readable Blog|

Project Progress Report for Major Stakeholders

Project Progress Report for Stakeholders of any project would need a significant amount of dedicated reporting about the Project status. This means the project manager has to ensure that all the vital parameters of the project are again and again reported on an ongoing basis with a predefined frequency.

Some of the most important parameters or reporting elements must include key points which can give the stakeholders confidence the project progress is moving in the right direction. In majority of the projects the significant parameters are identified in consultation with the stakeholders and sometimes these are predefined by the PMO in any organisation. Although the project manager is given a free hand to report any other additional significant parameters other than what has been asked already for.

Sample Project Progress Report

For example let us take the IT project, typically the IT project stakeholders demand milestones, deliverables, risks, productivity, utilisation and feature completion. Let us take a sample look at one of the weekly status report(see the download links at end of this post), which we generally publish to our clients. It has been enclosed along with this post; you are free to download it and use it to your projects relevance. You may need to do the customization of the same as per your convenience.

Stakeholders from different business verticals can demand for a request for variety of parameters. The above mentioned parameters are only a small example of the same. In large organisations or large projects, the chief project manager will have the authority to designate junior project manager to develop key statistics and reports in line to the defined relevant parameters for the stakeholders need.

Project Mangers Dilemma on Report

Providing a very good snapshot of the overall project summary is one of the key responsibilities of the project manager. The snapshot should definitely include some of the vital parameters again there is no definition which are supposed to be called as vital which are not. Although many project managers prefer or rather are comfortable in providing these parameters as key reporting statistics on these heads:

  • Scope completion
  • Time elapsed
  • Cost overrun
  • Quality index
  • Resource utilisation
  • Risk trends and key issues
  • Vendor utilisation
  • Changes approved or rejected.

Download Links

PDF Version of Sample: Project Status Report – Weekly for Stakeholders

Powerpoint Version of Sample: Project Status Report – Weekly for Stakeholders

For any further questions on this particular topic, feel free to connect with us via your comment. In case you like the article use it for your day to day work and as well as share it with your colleagues and friends.

Interconnection between Project, Program & Portfolio Management

By | 2016-06-14T13:14:48+00:00 April 5th, 2016|Articles, Free Resources, Readable Blog|

Project Program Portfolio Management from Organization point of view

Project Program Portfolio in any organization plays a vital role towards overall strategic implementation of the organization’s vision. Right prioritization and action by executive management leads to better overall engagement.

Across the large organizations, you will find often these interconnections of the entire functioning of the management as depicted here in the organizational chart.

Project Program Portfolio

Project Management

Develops and implements plans to achieve a specific scope that is driven by the objectives of its program and, ultimately, organizational strategy. It is largely concerned with achieving specific deliverable’s that support specific organizational objectives.

Project is a temporary endeavor with a beginning and end, undertaken to create a unique product, service or result. Project management is a science and art to apply the knowledge, skills, tools & techniques to activities to meet project requirements.

Program Management

Harmonizes its project and program components, and manages their inter-dependencies in order to realize specified benefits. It focuses on achieving the cost, schedule and performance objectives of the projects within the program or portfolio.

Program is a collection of projects managed /coordinated to achieve strategic objectives of program and gain benefits & control which would not be possible with management of them individually.

Program management refers to the centralized coordinated effort to manage the program to meet the strategic objective.

Portfolio Management

Aligns with organizational strategies by selecting the right programs or projects, prioritizing the work, and providing the needed resources. It balances conflicting demands between programs and projects, allocates resources based on organizational priorities and capacity, and manages so as to achieve the benefits identified.

Portfolio refers to collection of programs and projects grouped to meet a common strategic objective. Portfolio management is the management of portfolios to deliver the strategic objectives in line & prioritized with the Organization’s  objectives.

PMP certification training and exam prep in Project Management

By | 2016-08-16T22:07:31+00:00 January 3rd, 2016|Articles, Free Resources, PMP, Project Management, Roadmaps|

Best PMP Certification Training and PMI PMP Exam prep in Project Management by GlobalSkillup is very popular amongst the management certifications looked upon by Industry practitioners and Professionals. Let us give you an insight about the same.

What is PMP?

PMI PMP (Project Management Professional) is a Globally recognized Management Credential well demanded by many Industries for recruitment of Project Managers. The PMP credential readily showcases to employer community, the clients and peers that an individual has great amount of project management knowledge, experience and skills to bring projects to successful completion.

Over every year passed, the PMP credential has been even more demanded with better salary, reputation and also recognition for credential holders.

PMP Certification Training for PMP Exam

PMP Training by GlobalSkillup gives you the edge and equips you to pass the PMP certification in first attempt. Our track record has been impeccable and our participants are overwhelmed with the support & guidance we provide them on PMP journey. This spans from the application stage, to giving you complete subject understanding, detailed case study to visualize, online practice mock exams for preparation in detail. Add on top of that, individual feedback to participant based on the overall mock exam performance for betterment.

PMP exam prep

Preparing for the PMP exam is not so easy. It takes one’s sufficient time, effort, commitment and ofcourse money to achieve PMP. Exam prep is though easy and rewarding for people who get right guidance and coaching. Participants often recognize the detailed PMP exam prep plan we make for them and ask them to follow the prep strategy.

Importance of Best PMP Certification Training in Project Management

Demand for skilled project managers is ever increasing as the businesses look for practitioners who hold the PMP credential. These individuals are well positioned to provide the professional skills to lead project teams and achieve successful results. The PMP credential recognizes competence of an individual to perform and lead projects effectively.

Passed PMP in first Attempt!

By | 2017-05-17T17:45:20+00:00 November 25th, 2013|Articles, Free Resources, Readable Blog|

This is the excited reaction; we see when someone passes their PMI PMP(Project Management InstituteProject Management Professional) certification exam in their first attempt. We know that is a great deal.

Why would someone be so excited and caring about passing the PMP exam in first attempt?

As if they just reached the Mount Everest, the top of the world.

The reasons are obvious; PMP is not so simple to get through as it looks to be on the outlook. Should you have heard, “it is that easy”, think again and do your research well before you embark. The foremost word, the PMBoK guide has changed from 4th edition to 5th edition in 2012 and the exam has adopted change in 2013.

1.  Each PMP exam version has changed over period drastically than ever based on new editions of PMBoK. Recently, we happen to come across the blog “How to Pass PMP Exam on First Try” by Dick Billows.  It was quite interesting to note the exams are changing at a pace almost 5% as indicated. The tougher it gets to pass, the better the quality of passing professionals who feel and share the pride of their passing the PMP exam in first attempt. Paying close attention to the preparations is the key essential. Imagine 1 passing out of 20 participants will make the 1 single participant a rock star to brag PMP success.

2. PMP involves spending one’s valuable time to up skill and prove their knowledge, application of knowledge in practical real-ideal scenarios. Professionals love to show that they have the highest grade of practical knowledge and know-how and they have proved it with achievement of PMP in first attempt. Feels Google-like with all the abundant knowledge. Imagine your peers and boss asking you on, how you passed your PMP in the first attempt. Certainly that builds your network with much more confidence and on your credentials.

3. PMI PMP Credential is not only time consuming, it involves good amount of money at stake. Consider the training cost involved for formal training education, charged heavily by training vendors. Also, consider the PMI exam fee spent for exam itself, re-exam fee is quite a money as well. In overall, it is a big money altogether.

Proving oneself valuable to employers, who often pay the training and certification reimbursement bills, builds rapport across own team, management and of course the non-business teams like HR and Training team. Imagine, you may be considered to help other colleagues to be trained by you – just because of one may be reason – Passed PMP in First attempt. Makes one feel the state of Guru.

4. The most important reason of all what I like to hear from PMP’s – It tremendously boosts self-confidence on the job and also to find job. With attestation of understanding the project management concepts applied in practice and bench marked with the best in the Industry on knowledge. Guess what you may perform on the job starts getting better results as you apply the tools & techniques at work. Imagine the career propulsion this will achieve for you over a period.

And of course, there are may be other simple reasons, why one would see such a level of excitement among the Passed PMP in First attempt folks.

At Armadillo Consultants, we have consistently worked for our participants with customized road maps, pre-evaluation, PMP formal education and post-evaluation techniques to tackle the PMP exams with ease and right preparation. These nature of individual special care and services drastically improve the PMP success rate of folks, who may/might have not had much success in the first attempt too.

We wish you all the best to avail your complete package with such special care either from Armadillo Consultants or equivalent. Not just the standard; learn your-self e-packages or standard classroom packages which do not pay attention to your level of knowledge to customize and explain the concepts.

Keep us posted on your interest to join PMP/current progress on PMP/drop us your “Passed PMP in first Attempt!” line.

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