Project Analysis : Comptia Project + And Pmp

Business has changed greatly in the last 20-30 years. The introduction of global competition has forced businesses to find new ways to gain a competitive advantage, whether it be new or improved products (as product life cycles have shortened), cost reductions (perhaps through a new MIS), or just improving the customer experience. With Project Management, companies have the ability to focus on many things at once without losing focus on their core business model. By bringing together varied peoples into the PM team, innovation is increased. Under the old way of doing things, the quality of each plan would suffer. Projects have a start and finish and can be tracked and quantified from beginning to end. This ensures a higher quality end result within time and resource restrictions.

Over the past few years, project managers and Project management has shown tremendous growth. Project management has evolved over the past several years from an activity in an organization to a discipline in its own right. Many professional bodies exist today to represent project management as a discipline, Some of which include, PMI, Prince2 Foundation, PM Bok.

In the current business environment, the demand for project managers is ever growing. In short, project management is a provisional project constrained by time, cost and scope (A guide to the project management body of knowledge, 2013). Between the immense organization, optimization, and communication assets skilled project management brings to a project, it is easy to see why project management is a booming field of study. Furthermore, project management can be both financially and personally rewarding when long term milestones and goals come to fruition.

Executive Summary Project management is the science of planning, organizing, executing, and managing the resources needed to achieve a specific goal. Effective project managers (PM) strategically facilitate the entire project management process to ensure the project’s success. To do this the PM must adequately meet the specific requirements (i.e., time, scope, quality, and cost) set forth by the project and its stakeholders. It is theorized that PM must possess a set of core competencies in order to successfully manage a project. Those competencies are development of project management knowledge areas, application of appropriate project management tools and techniques, understanding of the project

Project Management can be used in everything you do in life; both personal and work related.

Students often ask about the use of project management software applications in this course. In the past we required the use of MS Project for this course but removed it as a requirement when we rewrote the course. The reason we removed it was that MS Project has a very steep learning curve for all but the most basic functions. The software is very expensive and is not web-based so it requires installation on

I became a PMI member in 2008 and one year after got my PMP certification. I started not being conscious of the enormous value of PMI, but sometime after, I realized that PMI changed my life, my profession and my definition of project management. Soon, I became a member of PMI Bogota and started participating in initiatives to promote project management in my region. Although I have not lived in Bogota and the chapter was more oriented to centralized activities in that city, I continued supporting the Bogota chapter and participated as volunteer for some activities.

The majority of project management positions require a bachelor’s degree in a business management related field, as well as a professional certification and management experience. Many project manager professionals elect to obtain a master’s degree or advanced postgraduate certification in project management, analytics, or business management. The Project Management Professional (PMP) Certification is the most recognized certificate for project managers. According to the Project Management Institute, “As a PMP, you can work in virtually any industry, with any methodology and in any location, and earn on average 20% more than without a PMP.” (pmi.org) Education is highly valued in project management; however, important skills such as, good communication and the ability to execute are developed with experience.

More employers are looking at project management certification as important, and it is becoming more necessary for a project manager. Project Management Institute's (PMI) Project Management Professional (PMP) credential is the preferred certification that most employers are regarding as “highly desirable” for a new project manager. One reason employers are increasing weight on project management credentials is demand. More and more clients are requesting a project manager be certified in order to take on their project. “The marketplace in the U.S. is demanding the PMP or other project management certification," he says. "Going back five or six years, IBM has seen requests for proposals where the clients are demanding certified project managers

Certification shows that you have demonstrated excellence in the field by meeting standard requirements established by global project management practitioners. Certification serves as an unbiased endorsement of your project management knowledge and professional experience on a global level. Holders of the PMI certification form a global close knit community, with a surplus of Project Management forums, discussion boards, and online communities attracting PMI professionals from across the world, willing to share tips, insights and pool their experience, thus staying abreast of latest developments and trends in the industry. Obtaining a PMI certification improves your marketability to employers and commands a higher

The role of the project management office (PMO) has increased nowadays, as many organizations are implementing it. According to PMI (PMI 2011), organizations with a PMO report more projects coming in on time, on budget and meeting intended goals to those without a PMO.

PMI’s Project Management Professional (PMP) credential is the most important industry-recognized certification for project managers. Globally recognized and demanded, the PMP® demonstrates that you have the experience, education and competency to lead and direct projects.

Project management is not for everyone. To thrive in this field, one needs numerous technical and management skills, and a certain amount of experience in the relevant industry.

As per PMBOK guide, Project is a temporary effort undertaken to produce a unique product or service. It means, characteristics of the product are elaborated and are different from other products they have definite start and end date. It is not ongoing projects like operations. The projects are set to be completed, when the project goals are achieved or it is no longer viable. Successful projects are the one to meets or exceeds the expectations of the stakeholders involved. The team will be separated once the project is completed. Examples: Building a new innovative tool to handle the big data involved in social websites. Projects expand deals, lessen costs, enhance quality and consumer loyalty, upgrade the workplace, and result in numerous different advantages.

I didn’t understand why any individual would want to become a certified project manager, but this course unveiled