PMBOK Guide 6th Edition And PMP Exam Change

pmbok guide 6th edition

PMBOK Guide 6th Edition – Release Date PMBOK Guide 6th Edition is the latest edition of the Guide… In the last few months, I have heard a many such rumors about PMBOK Guide sixth edition. Many people have called me or sent emails inquiring about the latest edition of the PMBOK Guide. I believe the […]

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A project is scheduled to FAIL

Failure

A project is scheduled to FAIL from start. This is a very strong statement albeit true. I have noticed this phenomenon many times during my experience. Let me explain. Project Managers rarely understand good scheduling concepts/techniques. Even if they understand, good concepts/techniques are rarely used while developing project schedule. What are good scheduling concepts/techniques? These […]

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Which “Type of Contract” is More Risky?

Contract

Types of Contracts and Risk A Question You are working for a Defense Contractor. Your company is bidding for a Government’s secret project called Project “Hush-Hush”. The Government has decided to outsource this project as a Fixed Price Contract. Who has more Risk for this Project? Defense Contractor Government All Projects are risky. Both Defense […]

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PMBOK Guide and Project Risk Management Process

Project Risk Management

What is PMBOK® Guide’s Project Risk Management Process? Nothing | Zilch | Nada | Zero That’s impossible! PMBOK® Guide contains globally recognized Standard for Project Management. Surely the Guide would define a Project Risk Management Process. Let me state something that belies common wisdom. PMBOK® Guide does not define a Project Risk Management Process. Before […]

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8 ways to meet budget in Fixed Price Projects

SCT-Triangle-Small

I write 2 blogs. One is the current blog on project management while the other is blog on completely unrelated subject – Cricket: http://fifth-umpire.blogspot.com/ Why am I mentioning my Cricket blog here? The word ‘Fix‘ is a dreaded word both in cricket and project management. Match fixing is a bane in cricket. One always gets […]

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