Based on their degree of control and influence on projects, there are 3 types of PMO – Supportive PMO, Controlling PMO, Directive PMO. Recently, Gartner classified PMOs into 4 types.
What is a Portfolio? A Portfolio is a group of projects programs sub-portfolios other related work or program activities managed and coordinated in a way… Read More »Portfolio Management – Definition and Benefits
WPD, WPI, and WPR are the terms we frequently come across in the project management world. We see one of these three as output to… Read More »WPD, WPI, WPR – Data and Information flow in a project
Product Life cycle describes stages a product go through from its inception until retirement. Project Life cycle describes phases a project pass from its start to end.
In Project Management, Process group is a logical group of processes to achieve specific project objectives, and Knowledge area is a set of concepts, terms, and activities that form an area of specialization.
Before looking at What PMBOK is, it is relevant to first understand how the discipline of Project Management evolved. Project Management is not something new.… Read More »How did Project Management Start ? What is PMBOK ?
Project is a temporary endeavor with beginning and end, that creates a unique product, service, or result. Operations is the ongoing work to support business, systems.