Critical Chain: What Benefits Does it Offer?
Eli Goldratt is famous for developing his Theory of Constraints. Put simply, every system has a constraint and, if you can identify and reduce that constraint, you will be able to enhance the performance of the system as a whole. When he applied this thinking to project scheduling, he determined that the Critical Path was […]
Applying Maslow’s Hierarchy of Needs to Project Management
In our last article, we mentioned that what motivates someone differs from person to person and from time to time. Motivation has been shown to relate closely to a person’s needs and these differ throughout our lives. What is interesting is the idea that, as one need is satisfied, another comes along to take its […]
PMBOK® Guide: Changes to the 5th Edition | Velopi
The release of the PMBOK® Guide 5th Edition has some very interesting changes. On this page: 5th Edition Changes A new Knowledge Area called Project Stakeholder Management has been added. This really emphasises the importance of this concept. The main knowledge area impacted by this new knowledge area is Communications. Identify Stakeholders moves from Communication to […]
Depreciation for Project Managers
If you are planning to sit the Project Management Professional (PMP)© exam then you will need to understand budgeting and the knowledge area known as Project Cost Management. While the main topics in this area are covered in our PMP© exam preparation course, there is one interesting little subject that does not get a mention in the Guide to […]
Preparing your Project Management Professional (PMP)® Application
One of the first tasks involved in doing the PMP® exam is filling out the PMP® exam application form. You might assume this to be a simple task but many aspiring Project Management Professional’s find filling in the PMP® Exam form to be a time-consuming and complicated burden! If your application form isn’t filled out correctly you may […]
PMP® Project Management Certification With Velopi’s Blended Learning Solution
So you have decided that it is a good idea to obtain the Project Management Professional (PMP)® certification. How are you going to achieve this goal? Unfortunately, there is a bit more to the process than simply attending a PMP® training course and sitting the PMP® exam. Actually being allowed to sit the exam can be difficult and […]