SABCONS Project Management Consultants
(TREND SETTERS IN CORPORATE PROJECT MANAGEMENT EDUCATION)
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SABCONS Project Management Consultants (TREND SETTERS IN CORPORATE PROJECT MANAGEMENT EDUCATION) | |
| HOME OUR ORGANIZATION OUR PROGRAMS OUR PEOPLE WHO WILL BENEFIT OUR CLIENTS LEARNERS' CORNER FAQ CONTACT US SPECIAL ANNOUNCEMENT | Learners' corner Interview : Mr. M.R. Sriprasad, Project Management Professional, SABCONS Project Management Consultants, Bangalore. In an exclusive interview with Express Computers, Mr. M.R. Sriprasad talks about Project Management Programs and Certification. What is Project Management? What is the role of a Project Manager in the present day scenario?A project is a one shot undertaking. It pops up as a concept and undergoesdifferent phases till it gets commissioned. Varying flow of data is required at the right time to the right people. Project Management involves meticulous planning, effective implementation and professional management of scope, time, cost, risks and performance. Setting up the expectation of the customer appropriately and satisfying him is a Key Success Factor for successful Project Management. A Project Manager acts as a catalyst in pulling together the human and non-human resources to achieve the specified objective. He has to change the attitude of the traditional "Project Management by chance" to modern "Project Management by choice". There is a non-profit organization Project Management Institute in USA which is promoting Project Management at a global level. Tell us more about Project Management Institute, USA
PMI has published a document Project Management Body of Knowledge popularly called PMBOK. PMBOK refers to that subset of the entire body of knowledge which has been found by the PMI to be generally accepted. Knowledge andpractices described are applicable to most projects, most of the time, and there is widespread consensus about their value and usefulness. One of the objectives of PMI, USA is to provide Certification in Project Management. What are the Benefits of Certification?Enrolling in PMI's Project Management Professional Certification Program offers individuals a wide range of important benefits. The PMP designation following your name demonstrates to current and potential employers that you possess a solid foundation of experience and education in project management that can have a positive impact on bottom-line results. The PMP designation symbolizes knowledge and accomplishment and is highly regarded by colleagues and employers. As a certified PMP, you will proudly join a successful group of professionals who are enriching and advancing their careers and the project management profession. ExaminationThe examination is comprised of 200 multiple-choice questions and allotted time to complete the examination is 4 hours. How is Modern Project Management different from Traditional Project Management?At a very conceptual level Project Management was defined as a process of organizing and directing Time, Resources and Cost. Today, Modern Project Management describes project management as a five by eight matrix. Thus it includes fives processes and eight knowledge areas . The five processes include: -Initiation, Planning, Execution, Control & Closure. The Knowledge areas include: -Project Integration Management, Project Scope Management, Project Time Management, Project Cost Management, Project Quality Management, Project Human Resources Management, Project Communication Management, Project Risk Management, Project Procurement Management. Click here for More... What is resource leveling?Resource-leveling is balancing a resource’s utilization uniformly throughout the project by taking advantage of the slack time and delaying non-critical activities. Who are Project Stakeholders?Project stakeholders are individuals or organizations that are actively involved in the project or whose interest may be positively or negatively affected by project execution or completion. Key stakeholders may include-Project Manager, Customer, Performing organization, project team members, sponsor etc. What is Work Breakdown structure?Work Breakdown Structure is a level by level breakdown of the total project to reach the lowest level of "Work Packages". The WBS and the work packages form the basis for budgeting and scheduling. This involves subdividing the major project deliverables into smaller and more manageable components, which could be easily budgeted, scheduled and controlled. What is Analogous Estimating?Analogous estimating means using the actual duration of a previous , similar activity as the basis for estimating the duration for a future activity. This is generally used when there is limited amount of detailed information about the project (eg. early phases of the project) What is Performance reporting?Performance Reporting involves collecting and disseminating performance information to provide stakeholders with information about how resources are used to achieve project objectives. This includes Status Reporting, Progress reporting and forecasting. What are the different Risk response strategies?Avoidance, Reduction, Retention, Transfer & Deflection, knowledge & Research. What are Predecessors and Successors?A predecessor is a task that has to start or finish before the current task. A successor is a task that cannot begin until the current tasks begins or ends. How does Microsoft Project help in managing projects?The tool helps in Planning of Time, Cost and Resources, Tracking the project , Incorporating Scope changes, maintaining version control, Generation of MIS Reports & Communication and Monitoring of Projects. Do you know the difference between: |
