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PMBoK 6th is available

The new PMBOK sixth edition is available now.

It contains a Project management Standard and Practice Tools and Techniques.

Different project models such as waterfall, phased, iterative, and adaptive are described. The Agile practices are separated into an additional Practical Guide.

The new knowledge area – Knowledge management – expanded the Execution process group.

Time management is Schedule management now, and

Human Resource management became simply Resource management, and it covers management of all types of resources.

 

 

In memory of Prof. Lotfi Zadeh

On Sept. 6th Prof. Zadeh had died. He was the founder of a new branch in math: the fuzzy sets and fuzzy logic theory. Very sad.

R.I.P.

 

 

Fill your PMP application correct

At Templates page there is a link to a template, which helps to submit a candidate’s project management experience for PMP application. It calculates number of symbols, working hours, and is well-structured.

Enjoy!

 

Upcoming changes in PMP certification

The PMI has announced the changes in PMP and other Project management certifications in connection with PMBOK Sixth is available since September, 6th.

The main change is a new chapter concerning project manager’s leadership skills: communication, team skills, business strategy understanding, and others.

Some updates concern new terminology and chapters renaming.

The exam update is announced in Q1 2018 with more strict date coming soon.

 

Project management job growth in 2017-2027

Anderson Economic Group (AEG) on behalf of the PMI provided a research on project management jobs in 10 years period up to 2027.

The 33% growth up to 88 mln job positions in project management (different roles) is forecasted with simultaneous growth of revenues to $105k annually.

Welcome to our courses and consulting become a valuable part of the PM community!

Why projects fail? Murphy law…

Why well-organized, equipped, and managed projects fail? Murphy law? Psychological factors? Attention to details?
I recommend a very useful webinar: 
https://www.projectmanagement.com/videos/396187/Why-do-projects-fail–Murphy-s-law-

PMI CAPM certification is available on-lene now

PMI announces that since August, 24, 2017, the Certified Associate for Project Management (CAPM) certification is available in so-called “anywhere” mode. A candidate can pass the exam with proctor on-line supervising anywhere: at home in an office.

As CAPM is the basic level certification it is very convenient for candidates to pass it at appropriate time and location.

See details at the official PMI web-page.

PMBOK Sixth launch is on September, 6th

Cited by the pmi.org:

“The PMBOK® Guide – Sixth Edition will be available in print and digital formats in September 2017.

PMI members can download a free digital copy upon its release.

Translations (print and digital) in 11 additional languages will be available in October 2017.

What’s new?

A chapter on the role of the project manager.

Two renamed knowledge areas

  • Schedule Management
  • Resource Management

Four new sections in each knowledge area

  • Key Concepts
  • Trends and Emerging Practices
  • Tailoring Considerations
  • Considerations for Agile/Adaptive Environments

Greater emphasis on strategic and business knowledge, with a discussion of project management business documents.

A new section on the role of the project manager, including the PMI Talent Triangle®—technical, leadership and strategic and business management.

An appendix on agile practices.”

Our consulting and training practices renew shortly after the PMBOK new edition launches.

 

PMP holders earn 20% more

According to a survey of almost 25000 project managers all over the world the average annual income of non-certified managers is $91000, while the PMP holders earn about $111000.

The research is available at: http://www.pmi.org/-/media/pmi/documents/public/pdf/learning/project-management-salary-survey.pdf?la=en

Five steps to improve partner profitability

1. Look at your practice areas. 

2. Focus on growth with low marginal costs. 

3. Concentrate on the cost of customer acquisition. 

4. Build recurring revenue. 

5. Raise your prices.

Read the full article by Per Werngren in the Redmond Channel Partner Magazine and gain success by following this simple and important five step strategy.