PM Study Circle - A PMP & CAPM Certification Exam Preparation Blog
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In the Estimate Costs process, the cost of each project activity is estimated. An interesting thing about this process is that it also uses the same three tools used in the Estimate Activity Duration process. In the estimate activity duration process, you were determining the time taken by each activity and now, [...]
In my earlier blog posts, I have written about the stakeholders, their analysis, classification, and how to manage them. In all these blog posts I’ve discussed everything except how to identify stakeholders process, which I am going to discuss now. Identification of stakeholders is the most important process for any project and [...]
Developing the project schedule is the most important task for you to accurately define the duration for each activity. Soundness of your schedule heavily depends on the accuracy of the duration of all project activities. There are three basic techniques most widely used by the project professionals worldwide to estimate [...]
After identifying the project’s stakeholders you have to analyze and classify them in the stakeholder register. The Stakeholder Management Strategy will be developed after it. In this blog post, first I’ll discuss the stakeholder analysis and their classification, and then we will move onto the strategy to manage them. Before [...]
Earlier, I’ve discussed the stakeholders, and now we are going to talk about the Stakeholder Register. Before we move any further, let’s have a quick summary on the stakeholders. “A Stakeholder can be a person, a group, or an organization that may be affected, impacted or have any interest in [...]