PMP Interview Questions and Answers Under a survey of the Project Management Institute, the USA bears a loss of more than $122 million for every $1 billion by investing in poor project performance and management. This is why it becomes a bit tricky when hiring an ideal project manager. This is another reason why candidates are interviewed thoroughly and effectively. Along with communication capacities, negotiation skills, and leadership qualities, an effective Project manager needs to excel in several other fields. As project managers play a vital role in digital transformation by implementing digital initiatives, you can face several challenging yet simple questions while you appear for a project management interview.…
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The New PMBoK® Guide – 7th Edition – Release in August 2021
The PMBoK® Guide – one cannot know anything but the PMBoK® when preparing for the PMP exam. It is an important learning resource, an influential document, and an extensive guide to the collection of standards, procedures, best practices in planning and executing projects successfully. PMBOK® Guide 7th Edition PMI announced the release of the PMBoK® Guide 7th edition in August 2021, after its initial exposure draft in January 2020 for the review of the project management community. Top 20 FAQ – PMBoK® Guide – Seventh Edition 1.What is the objective behind coming up with new PMBoK ® Guide (Seventh edition)? The technological developments and associated market demand have almost forced…
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Key Changes to PMP Examination from January 02/2021
The PMI® obliges to its responsibility of creating Project Managers who stay ahead of the time and thus conducts a thorough research every 3-5 years to understand the changing aspects of the project management profession and evolving responsibilities of the next-gen project managers. As a result of one such research, a new PMP Examination Content Outline was publicized in June 2019 and based on that, the new PMP exam format will be applicable w.e.f. 2nd January 2021. Some vital changes are coming to the PMP certification examination, scheduled from 2nd Jan 2021. The content and structure of the exam will be majorly revamped. As described in the new PMP exam…
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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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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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Why PMP Certified Professionals Are in Demand Globally?
“Everyone needs deadlines!” – Mr Walt Disney. No matter what industry you are in, a professional approach is necessary to adequately meet the deadlines. It satisfies the majority of the stakeholders. Organizations, in order to enhance their market share, always look for a ‘change’. Something ‘unique’ that they can offer to the world to stay ahead of their competitors. By bring that uniqueness, organizations grab the major share of the possible business. In sync to manage this continuous change, organizations require strong PMP Certified Professionals within. Joy Gumz, Senior Project Management Consultant & Content Writer for PMI ® ’s A guide to Project Management Body of Knowledge (PMBOK® guide) quoted,…
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5 Fundamental Project Management Skills of 2022 [Updated]
With the project management field achieving new statures every day, it has turned out to be vital that one must hold a distinctive set of essential project management skills to make business progress. Here in this article, we are going to talk about 5 project manager abilities which are must to have. But before proceeding further, let’s understand what project management is? Project management is an interdisciplinary method. It requires action and it’s not a laidback job. It includes a few stages from the inception, organizing, implementing to observing, monitoring and closing of a project. A project manager needs extraordinary skills for effectively completing projects from commencement until the conclusion.…
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Five Simple Steps to Start Your Career as a Project Manager
The preparatory of your career as a project manager Everybody needs to excel. A project manager is not any different, but simply having a (Project Management Professional) PMP® certification after your name is not sufficient in this advanced world. Currently, the commercial atmosphere is perfect for both project managers who are hoping to progress in their professions, and for the individuals who have their sights on entering the field. Although, these open doors won’t simply fall in your circuit. Empowering career development can be viewed as a project of sorts, and along these lines requires similar strategies project management tools and commitment to plans that would be included when dealing…
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Top 4 Reasons Why You Must Go for a PMP Certification
The future is approaching! Do you ever wonder how it’s going to be? Looking at the raging competition in the market, upskilling and reskilling is the need of the hour to retain your position in the race. How can one achieve that? It doesn’t matter what industry you work in, the importance of project management is the same everywhere. The world has a huge demand and myriad job opportunities for PMP® certified professionals and there are way too few skilled professionals available at present. How can the potential employees benefit from this growth-and-talent gap? Do you know that in the field of Project Management, PMP Certification Training Course is one…