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Showing posts with label pmp certification. Show all posts
Showing posts with label pmp certification. Show all posts
Tuesday, November 15, 2016
Monday, November 14, 2016
PMP® - Did You Know About the Demand? | Project Management
Did you know the rise of
the demand for qualified project managers? 12%*
Did you know number
of jobs expected to be created in the global industries like IT, BFSI,
Manufacturing, Oil and Gas, Construction? It’s about 15 million jobs.*
Did you know the median
salary of a project manager in the U.S? $108,000*
Did you know how much
more a PMP credential holder earns? 16%
more*
Did you know the number of
number of PMP credential holders at the beginning of 2014? 600,000 (723,067 as
of May 2016.)*
* The data presented about
is sourced from PMI’s Industry Forecast – “Project Management between
2010+2020”, March 2013.
So it is interesting to note that the PMP certification has not lost its sheen. If
anything, things are brighter for the PMP holder who commands immense respect
in the market. The syllabus after Jan 11, 2016 has been upgraded and the exam
is tougher than before , thus clearing the certification is matter of pride
and prestigious as well. As a certified professional you are an inch taller,
and for sure head over shoulder amongst your peers, who are uncertified.
There are some impressive
infographics about project management – in terms of need, importance, growth
and salary
Source:
PMI’s Pulse of the Profession: The High Cost of Low
Profession 2014’
PMI’s project Management Talent Gap Report 2013
Payscale.com
PwC’s Insights and Trends: Current Portfolio, Programme and
Project Management Practices’
The trends forecast job-openings all over the map and the
salary structure seems to be growing in pyramid. But the most important
insight from the infographics is the 'losing of 109 Million Dollars for every Billion spent on
Projects and Programs'.
You can create a difference. Do you want to do PMP and
imprint your own footprint?
What are you waiting for? Do it Now!
What are you waiting for? Do it Now!
Wednesday, October 26, 2016
How to Prevent Scope Creep | Scope Management
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image courtesy: http://i0.wp.com/galvintech.com/wp-content/uploads/2014/09/How-to-Prevent-Scope-Creep.png |
Continuing from our previous
post of containing creep, we have listed 10 pointers as useful reference to
amplify your project management skills. Scope Creep management is primarily handled by a PM and
hence it’s a fair expectation to observe the call taken to neutralize creep.
Scope Creep is a way of practical life, and hence one can, at best, contain and
thereby control.
Team management must ensure
some overzealous team member overstepping in reach by getting in touch with the customer,
who might influence changes that might sound simple like ‘bells and whistles’,
and also the peril of Gold Plating –whereby “After having met the requirements,
the developer works on further enhancing the product, thinking the customer
will be delighted to see additional or more polished features, rather than what
was asked for or expected.”
Get the requirements clear
Sometimes, it might be
iterative but unless all the stakeholders involved are the in same page,
especially the client and vendor an converse in the same language and
understand one another, closing all possible gaps, and if possible walk-through
the requirements once again. It might burn some bandwidth but it will be worth
it.
Pay attention to the detail
From the first piece of code written to a single
line drawn in the wireframe, make sure everything is as per agreed terms and
within scope. From experience, it may be noted that design and
development inexplicable makes way for creep. So ensure that a sign-off is
sought on design aspects, and read the requirement document again before
commencing coding
Divide the requirement into
small logical parts
Smaller
projects have a much greater chance of success, so smart PMs do a
work-break-down in creating sub-tasks so that the effort estimated and actual;
spent can be controlled better. It is always easy to
divide the requirements into small logical parts and assign the corresponding
effort against it.
Identify priorities
You will need to decide on the scheduling as to
which will go first followed by or will there concurrent tasks. And identify
the deliverable and break the deliverable into actual work. In case of larger
project, it might mandate upgrades which need to be factored for effort and
hence breakdown of deliverable helps.
Plan for Prototype
When the requirement/solution is not clear, plan
for Prototype/Spike User Story before finalize the scope
Understand the requirement
Reverse Understanding/document for the Customer
to ensure that requirement/expectation is well captured
Capture revision/changes
Have clear understanding on implication of the
revision/changes in the requirement and document the agreement
Change Control Board
Make sure there is a Change Control Board in
place to track any deviations from the accepted and scoped
requirements. Changes, if any, need ti be recorded, communicated to client for
confirmation and only upon their explicit the changes can be accommodated, that
too at a timeline best suited to the project interest. Bottom line, it’s out of
scope which becomes a part of development through Change Request.
Present the impact Analysis in
detail
When there is request for Scope Change, Present
the impact Analysis in detail as Technical or Design Impact on effort and Cost,
especially through rework and lost effort
Study Intangible impact
i. Moral of
the team
ii. Trust factor with the Customer
In any case, the Scope Change has to be treated
as Change Request. Regular review meeting with Customer on Progress Status Vs
Plan should be conducted to eliminate creep as much as possible.
Friday, October 21, 2016
Why Communication is such a Challenge | Communication Management
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image courtesy: http://www.relatably.com/q/img/communication-quotes-leadership/Einstein-on-simplicity.jpeg |
Communicating with others is often overlooked or even taken
for granted. Communication is an art; communication is a skill, and now
what not. we say a lot and really don't mean nothing much.
The most challenging aspect about communication is to ‘tell
something in a simple and straightforward’ manner. We are exceptionally
talented. alongwith, we are poor listeners and hence poor learners.
While charity counsels that what the left hands gives let
the right not know, but communication commands the left hand has to know
what the right has to say. But then we are so confused or even too lost in the
cacophony to realize the boot is on the wrong foot. A word out of line is akin
to the same.
You to be someone easy to talk to – which will give the
people confidence to connect.
We try to impress with intellect by using dazzling words and
difficult-to-understand terms, metaphors, idioms and what not. Corporate
communication, of course, prescribes etiquette to be adhered, but it’s not to
be misunderstood as something complicated just because etiquette itself isn’t
an easy word. Agreed. Etiquette plainly put is rule. The standard for business
correspondence is the essence of etiquette but there comes the rub. What
standards? As times progressed, expressions sound and framed more informally
that formal outlook is perceived as archaic. And give a thought about how the
millennial relate and recognize the ‘chat’ language, as they the make up for
the majority of workforce. Confluence or compromise? Calling it a
compromise would be too crude nor can we uphold colloquial language in a formal
correspondence. So what is the benchmark? Well, even this commentary can be
critiqued for its strong undertones.
We simply don’t communicate. Where there are barriers,
aren’t there breakthroughs? Yet, the complexity with which conversation
proceeds perplexes us no end. Conflicts arise mainly due to poor
communication or mismanagement when words are minced and message loses its
meaning. Basically, we failed to make sense, and far worse never ever realized
which only made matters worst.
Cut down the chase
Employ direct lines instead of circling around. Being linear
brings its own leverage to the board. Face-to-face is most preferred, and
where need be, then emphasis is on the written word than spoken. So there is no
hard and fast rule and much depends on the merit of the case. That said, keep
it short and straight – be it verbal or written. Stakeholder management sometimes
suffers from this very shortfall when the decision makers instead of engaging
directly deal through interfaces. That’s typical bureaucratic when information
has to be percolate through different channel before landing on the desired
destination.
How can we improve communication?
Connect and contact=communicate. Why fuss about fancy words
when simple one will convey the meaning. Articulation has nothing to do with
ostentation. In fact, it works the other way instead. The challenge today
despite being well read and learned, can yo explain to a third-grade
kid.is to be schooled as a sc is that 'you might be possess the knowledge of a
professor but can you explain to a third-grade kid. Language is no longer a
limitation. Use shorter strings. Employ simple and meaningful words. Keep the
pitch polite. And learn to listen, not with an intent to counter or
cross-question, but to hear and be heard.
‘Houston, we have a problem’ – doesn’t that sound
familiar Why? Its not astrophysics but plain English.
Do you understand? Good. Make sure other do what you have to
communicate - in a language they can understand, in words they will know, in a
tone that will make them comfortable.
Carry on the conversation...
Tuesday, October 18, 2016
Get PMP® Certified – You Just Get Better | Project Management
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image courtesy: http://blogs.ucontinental.edu.pe/wp-content/uploads/2016/09/6_project.jpg |
We
were classmates since kindergarten. And
hung around together. Its our individual pursuits that led us into different league
– and today as working adults we catch up good old times and reminisce about
the days of yore. He is a seasoned professional, and the very title of
‘Director’ made me size him up and down. As small talk whittled and we started
discussing professional journeys embarked, certain details shared with me were just
startling.
He
is employed in a fortune 500 company, and has a dedicated recruiting team. For
reasons known best to him, the discourse focused on the frustration of a
recruiter. Now that beats me!! With the talent in the market, it must be a
breeze in the park to shop – in fact, ‘pick and choose’. “Far from it. Reality is grim my friend. I
give a mandate to the recruiter team and from the heap of resume they receive,
and after vetting with due diligence, I only get to pick 30. A number I set for
myself so that the scrutiny is really stiff”. Engrossed, I didn’t realize the
tea was getting cold but questioned “what’s the pain point?”
“It’s
the fitment. The candidate must be primarily from our domain to be completely conversant,
independently handle client, responsible for end-to-end to project
implementation, and toss in portfolio management….” And I was muttering “be
ready to go to moon or mars in a days’ notice”, but he completes “and the candidate must be PMP® certified.”
Phew!! Is that all?
He
smiled “I was just warming up not wanting to ruin your evening with the
professional banter. Its a tough world. I will fill you more about it later. Let’s order some snack and grind good old things.”
It
was an evening celebrating old times and as we parted with a promise to catch
at least whenever time permits without a timeline, I took leave with the requirements he listed as ‘Job Description’ resonating in me like the clanging
cymbal. Just couldn’t miss and kept playing again and again. Though he kept PMP® certification to the last, it was very apparent that without PMP® the candidate
wouldn’t even be considered. The resume cast away as one among the many who
couldn’t make it despite the experience bereft the PMP® certification.
By
now, every aspirant or practicing professional knows what really makes the cut
above the crew – PMP® certification.
PMP®
plays
a pivotal role in marketing your profile. It matters much a how can grab the
eyeballs and retain the attention. PMP is more than a selling point. When complemented
well, it will be a slam-dunk.
PMP® Certification holders are largely presumed to be conversant with the subject matter because of the stiff eligibility criteria, random audits and the tough exam wherein passing at the first attempt is deemed a major accomplishment.
PMP® Certification holders are largely presumed to be conversant with the subject matter because of the stiff eligibility criteria, random audits and the tough exam wherein passing at the first attempt is deemed a major accomplishment.
PMP® proves
you are a qualified professional and hence eligible to be counted as a prospect
to lead projects and groomed to take up larger roles and responsibilities
PMP®
provides
job opportunities that are terrific because the number of certified PMPs is
just a small number and hence you are in great demand
You get to work in challenging projects
by virtue of the certification as it is a testimony to your education,
experience and expertise.
It broadens your horizons given that PMP
is globally acknowledged and instantly recognized. With every engagement, you
strengthen your skills and upgrade your learning.
Specialize in a particular domain
or expand out further depending on your appetite and areas of interest. Consequently,
you speak different industry, or geography and can speaks many languages
professionally – not just the vernacular but also technical.
PMP® benefits your employers who are keen
about their ROI with an eye on the bottom-line. Remember, you are a true asset
to your employer as you enable the company to complete the project within time
and cost, of course leading a team and as a team player. These attributes of
team player and team spirit is implicit and that’s why the intent in the first
place to hire.
PMP® pays. Check your earning and see your salary soar. PMP® certified professionals command a distinctive lead that’s difficult to catch up in terms of salary. Easily a PMP certified professionals earns 20 % more than a no-certified.
The truth is much more than that parting line.
Check the report from Payscale 2016 about PMP salary average.
PMP certification
holders earn 20 percent more than their non-certified peers according to Earning
Power: Project Management Salary Survey, Ninth Edition. – source: https://www.pmi.org/certifications/types/project-management-pmp
Now
that you are become a part of the exclusive global community of PMP® holders,
the future is all yours. Steer your way through and chart your own course.
Wednesday, October 12, 2016
PMP® - The earning capacity from a global perspective | Project Management
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image courtesy: http://sites01.lsu.edu/wp/cxc/files/2014/02/5-majors-with-growing-salary-potential-in-2012.jpg |
Take a wild guess about the number of PMP®
certified professionals? Save your breath – it’s just as of 723,067 as of May 2016. That’s a miniscule number
against the world population of 7.5 billion.
PMP® is one of the renowned and recognized
professional certification acknowledged globally that makes the holders privileged. And if
the numbers of certified professionals are anything to go by, it sure makes
them the most elite and exclusive.
Admittedly becoming PMP® takes time,
effort and money. But look at the returns. Its fashionable or even pretence to employ jargon in conversation without knowing the meaning or understanding the core concepts. PMP® empowers with the education the project management. one tend to infer cost expense but Cost management as a module that you will study in PMP® is more than mere expenditure. It’s the learning and understanding that makes a PMP®
certified professionals stand out. For the scope of this blog, let’s
focus on the earning capacity from a global perspective.
The Earning Potential is tremendous:
The ‘Earning Power: Project Management
Salary Survey, Ninth Edition’ presents a detailed study of the salary
structures, some of which are captured as under for your reference.
for ,ore details of Project management Programs, please do visit our website http://www.icertglobal.com/ or email us at infor@icertglobal.com.
Thank you for visiting our blog and we hope the information provided was useful to you.
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