Simplifying Project Management
Uncover the Heartbeat of Your Project! In this video, we dive into the dynamic world of Variance Analysis, Earned Value Management (EVM) and Performance Reviews by understanding the difference between …
What is the difference between Variance Analysis, Earned Value Management (EVM) & Performance Review Read More
Explore the intricate connections between Contingency Reserve, Management Reserve, Preventive Actions, and Corrective Actions in this video. There is an interplay among these reserves and actions that you will gain …
Funding for Corrective and Preventive Actions: Contingency Reserve vs. Management Reserve Read More
Power Interest Grid is used to analyze stakeholders. It gives you a clear indication which stakeholder falls in which of the 4 quadrants and thus how you should be dealing …
Do Suppliers have High Power or Low Power in the Project? | Stakeholder Analysis Read More
Contingency Plan and Fallback Plan might seem similar but they are two different plans that are deployed at different stages. Check out the lounge fever video where we discuss the …
Difference between Contingency Plan and Fallback Plan Read More
While there used to be a ‘Close Procurements’ process in the pre-PMBOK 6 world, now that the process doesn’t exist anymore, how are procurements closed? We tackle the question in …
When to close procurements? Read More
Decision Tree Analysis is basically a Tool and Technique in the Perform Quantitative Risk Analysis process. PG-KA mapping below, Now within this process, we have also talked about the Expected Monetary Value …
Decision Tree Analysis Read More
We touched a bit on the topic of sensitivity analysis when we started off with the Perform Quantitative Risk Analysis process. Sensitivity Analysis is where you look at one variable …
Sensitivity Analysis using Tornado Diagrams Read More
If you think from a real World perspective, Control Quality appears to be a very important process that needs to be as comprehensive as possible. Several Tools and Techniques are …
Performance Reviews | Root Cause Analysis (RCA) | Inspection | Testing / Product Evaluations – Tools of Control Quality Process Read More
One important concept under the Control Schedule process is the Burndown Chart. Burndown Chart is basically a graphical tool that helps you measure the progress of the project. It shows …
Burndown Chart Read More
PMBOK Guide Edition 6 was the first time PMI talked about Agile Release Planning. From PG-KA mapping point of view, Agile Release Planning is basically a tool and technique in …
Agile Release Planning Read More