PM Study Circle - A PMP & CAPM Certification Exam Preparation Blog
PMP Exam Preparation Study Materials, Lessons Learned, Tips & Tricks, 35 Contact Hours, PMP FAQ etc.
The Organization Structure is an enterprise environmental factor that plays an important role in determining the way in which the organization and you perform. If you search on the Internet for this particular topic, you will see many theories and expert opinions that differentiate the organization into its various kinds. [...]
A matrix Organization Structure is a type of an organization structure, which takes the best features of both worlds; i.e. the projectized organization structure and the functional organization structure. In my previous two blogs, I have discussed about the projectized organization structure and the functional organization structure. Since, now you have studied [...]
The projectized organization structure is just opposite to the functional organization structure. In projectized organization, the project manager has all the power and authority and everybody directly report to the project manager. Here, either no functional manager exists, or if he exists, he will have a very limited role. In [...]
Your working style depends on the type of organization in which you are working. In a functional organization structure, you will be reporting to the functional manager. In a projectized organization structure, you will report to the project manager, and in a matrix organization, it depends on the type of matrix [...]
What are the Process Groups and Knowledge Areas? This was one of few doubts that came to my mind when I started preparing for my PMP Certification Exam and I referred the PMP reference books and the PMBOK Guide for the first time. Many questions regarding the process groups and knowledge areas [...]
Today, we are going to discuss the Cost-Benefit Analysis, which is also known as Benefit-Cost Analysis. Cost benefit analysis in itself is a vast subject; however, in this blog post I’ll try to give you a general idea about the process. I hope that once you go through it, you’ll [...]