You must have heard about these terms Data Science, Machine Learning, Artificial Intelligence, Neural Networks, Deep Learning, and many more. But what do these terminologies really mean? And for what reason would it be a good idea for you to think about any of these? Raise your hand if you’ve been trapped in the dilemma of distinguishing between Data Science, Machine Learning, Artificial Intelligence, and Deep Learning. Bring down your hand, pal, we don’t want to see it (smirk). Apparently, the three buzzwords are normally used conversely and do not really allude to similar things. So, in this article, I’m trying to answer all these questions to the best of…
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Emerging trends in Project Management by Nitin Shende (Sprint one)
We are cognizant that the strength of the ‘waterfall model’, the traditional Project Management approach is based on Scope, Schedule and Cost baselines defined to a good extent. Milestones, phase exit criteria, go-no-go decision and associated deliverables are defined which increases the probability of meeting stakeholder needs. At the same time, there are some drawbacks like ‘limited interaction with end-users (initial stage & deliverable stage), difficult to manage changing requirements of end-users and phase-based dependency on skilled resources’, etc. Projects having “unclear, inexplicit scope, constraints over resource availability and aggressive schedules, etc.” were on the rise which resulted in elevating the risks about product or services putting in practice. In…
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PMP® VS PRINCE2®: A COMBAT OF CERTIFICATIONS
Would you like to take your Project Management profession to another level? Are you wondering about which certification to pick among PRINCE2® and PMP®? If you are in the Project Management discipline or have always dreamt of plunging yourself in this succeeding field, you have most likely pondered about what steps you are supposed to make to acquire these certifications to propel your career. Recognized as the most significant industry-perceived certificate for project managers, PRINCE2® 2017 certificate focuses upon customizing the strategy according to the needs and wants of the associations and Project Management conditions. Whereas PMP® certificate emphasizes on boosting the earning capacity of a person while profiting the…
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How to cope with Work from Home during Covid-19 lockdown!
We’re all about going out. We know you are too. Countries have taken the difficult but necessary step of closing or restricting the public movements to control the spread of deadly Covid19 virus. With the COVID-19 situation continuing to evolve, numerous companies across industries have been asking their employees to work from home (WFH) lately to enable “social distancing” to slow down the spread of the virus. The spread of Covid-19 has made the adoption of technology and remote and flexible working inevitable, with a likely lasting change in the way we work. Being cooped-up with children, spouses and even extended family also poses additional challenges and requires us to…
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The Best Certification Courses in India
The world is a giant classroom. Continuous learning is vital if you want to make the most of this life. Reskilling and upskilling hold great power to prepare you for what’s ahead. This futuristic decade is going to bring in the next level revolution and digital transformation and to be ready to deal with that, today’s workforce has literally doubled its learning goals. Best Certification Courses in India for high paying jobs. According to the LinkedIn Learning Report 2020, 94% of employees would stay with their organization longer only if it invested in their learning and development. With a perennial learning culture developing across industries, it is now a ‘trend’…
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Roles and Responsibilities of a Project Manager
Right from the beginning, you must have heard the buzzword ‘project’ everywhere at your workplace. Do you know what a project is? A project is a task or a set of multiple tasks that exist to be completed in the given period in order to meet specific goals. You cannot complete this task alone. You need someone to assist you. A particular project needs a specialized Project Manager. We need some people to execute the job. And here, we need a project manager and a team to complete a task. Projects exist in every industry including design, development, IT, Telecom, etc. and they all come with one similar goal –…
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What is Project Management?
Growing Necessity of project management- Definition and importance Undoubtedly, project management is one of the complex fields of work with which you can never get bored. Project management gets properly defined as the discipline, which includes “initialization, planning, execution, and controlling” the project towards the achievement of a specific goal. The desired goals could be the production or the development of unique services, products, or some other metric improvements. Activities get conducted with skill sets, various tools, methodologies, knowledge, and techniques with the help of project management. Importance of project management The main goal of project management is to ensure that the objectives of the project are achieved within the…
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Celebrating Diabetes by Running a full Marathon 42.2 KMs
Most of you may not be aware that I have been an insulin-dependent Diabetic since the last 24 years. I was diagnosed with Type 2 Diabetes in the mid-9th grade in school when I was just 14 years old. After trying various combinations and doses of oral medicines for a year, my doctor finally decided to put me on insulin injections 3 times a day. Days, weeks, months, and years flew by as I continued with the same dosage of medicines and insulin. Frankly, to add insult to injury, my lifestyle was pretty bad in comparison to what it is today. I weighed 100+ KGs and could barely walk even…
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Corporate Training: Market Overview, Trends, and Forecast
Corporate Training is one thing that is changing the world today. A Thousand Words on Professional Training and Development 2020. And professional corporate training programs have always pulled companies out of the fire, literally! In a growth-hungry cluster of industries, every individual at every altitude needs something concrete. “For the best return on your money, pour your purse into your head.” ― Benjamin Franklin What is driving growth for Corporate Training? Many factors contribute to making corporate training industry a big hit, out of which the most noteworthy are: blended learning experiences that fill the skill gaps relatable to millennials and veterans flourishing work and learn the culture Along with…
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Strategic Difference between DMAIC and DMADV
The two most commonly used Six Sigma methodologies are DMAIC and DMADV. Both methods are designed to make the business process more efficient and effective. Although both methodologies share some important features, they are not interchangeable and are designed for use in different business processes. Unless your teammates understand the purpose of using Six Sigma strategies, Six Sigma Principles implementing those into their team’s efforts would not be possible. Before comparing these two approaches in more detail, let’s review the meaning of the acronyms. * dmaic full form: Define, Measure, Analyze, Improve, Control * dmadv full form: Define, Measure, Analyze, Design, Verify DMAIC and DMADV have several similarities that are…