PMP Training: Online PMP Certification Exam Training Program

PMP Training: Online PMP Certification Exam Training Program

You must attend a formal PMP training program in project management to apply for the PMP certification exam. Attending a formal project management training program and earning 35 contact hours in one of the three requirements is necessary to apply for the PMP exam. The other two eligibility conditions are experience and educational qualifications, which…

How to Create RACI Chart in Excel?

How to Create RACI Chart in Excel?

Clarified roles and responsibilities are crucial in project management. Without understanding who is responsible for what, team members will be confused, and tasks will fall through the cracks. This can cause missed deadlines and derail projects.  This is where RACI charts come into play. RACI, which is a responsibility assignment matrix, stands for Responsible, Accountable,…

Project Charter: A Guide with Examples and Template

Project Charter: A Guide with Examples and Template

In project management, the project charter is a key document that management creates to officially start the project. This document is the basis of the project and is referred to throughout the project lifecycle. The project charter is a part of the initial business documents; other documents are the business case and benefits management plan….

What is the RACI Chart in Project Management?

What is the RACI Chart in Project Management?

A RACI chart is a vital project management document and a useful tool for project managers. This project document is often known as the “RACI matrix” because it visually looks like a matrix. This chart helps stakeholders see team members’ roles and responsibilities for all project activities and tasks. A RACI chart helps reduce project…

Leadership Vs Management

Leadership Vs Management

I often see professionals using the terms “management” and “leadership” interchangeably. In today’s dynamic business environment, a good manager should also be a good leader. Likewise, a good leader should also be a good manager. In my over twenty years of experience, I have worked with different managers and leaders. Some were good managers, some…

What is Scope Creep in Project Management?

What is Scope Creep in Project Management?

Scope creep in project management is undesirable, as it negatively impacts the project objectives. Although it is common, as a project manager, you must do everything possible to avoid it. Scope creep results in resource wastage, decreased efficiency, low-quality products, or even project failure. According to The Standish Group’s CHAOS Summary 2009, only one-third of…

How to Manage Project Managers?

How to Manage Project Managers?

Large organizations and corporations have many projects, programs, and portfolios running simultaneously, and they have a huge team of project managers managing different projects. Depending on the organizational structure, these project managers report to a higher authority, such as the program manager, portfolio manager, or PMO.  Managing project managers is challenging, but the basics are…

What is a Responsibility Assignment Matrix (RAM) in Project Management?

What is a Responsibility Assignment Matrix (RAM) in Project Management?

A responsibility assignment matrix (RAM) in project management is a key document that distinguishes stakeholders’ roles and responsibilities. The RACI chart is the most popular example of a RAM that clarifies stakeholders’ roles and defines their involvement. RACI stands for Responsible, Accountable, Consulted, and Informed. Each team member in the RACI chart has at least…