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Project management is the practice of leading the work of a team to achieve goals and meet success criteria at a specified time. The primary challenge of project management is to achieve all of the project goals within the given constraints. This information is usually described in project documentation, created at the beginning of the development process. The primary constraints are scope, time, quality and budget. The secondary challenge is to optimize the allocation of necessary inputs and apply them to meet pre-defined objectives.
The Project Management Body of Knowledge is a set of standard terminology and guidelines for project management. The body of knowledge evolves over time and is presented in A Guide to the Project Management Body of Knowledge, a book whose sixth edition was released in 2017. The Guide is a document resulting from work overseen by the Project Management Institute (PMI), which offers the CAPM and PMP certifications.
A project manager is a professional in the field of project management. Project managers have the responsibility of the planning, procurement and execution of a project, in any undertaking that has a defined scope, defined start and a defined finish; regardless of industry. Project managers are first point of contact for any issues or discrepancies arising from within the heads of various departments in an organization before the problem escalates to higher authorities, as project representative.
PRINCE2 is a structured project management method and practitioner certification programme. PRINCE2 emphasises dividing projects into manageable and controllable stages.
Certified Information Systems Security Professional (CISSP) is an independent information security certification granted by the International Information System Security Certification Consortium, also known as (ISC)².
The Project Management Institute (PMI) is a global nonprofit professional organization for project management.
Project Management Professional (PMP) is an internationally recognized professional designation offered by the Project Management Institute (PMI). As of August 2019, there are 932,720 active PMP certified individuals and 300 chartered chapters across 218 countries and territories worldwide. The exam is based on the PMI Project Management Body of Knowledge.
Professional in Human Resources (PHR) human resource management profession. The certification, awarded by the Human Resource Certification Institute (HRCI), signifies that individuals possess the theoretical knowledge and practical experience in human resource management necessary to pass an examination demonstrating a mastery of the body of knowledge in the field. The Senior Professional in Human Resources (SPHR) is the senior-most human resources certification for those who have also demonstrated a strategic mastery of the HR body of knowledge.
Case management is a managed care technique within the health care coverage system of the United States. It involves an integrated system that manages the delivery of comprehensive healthcare services for enrolled patients. Case managers are employed in almost every aspect of health care and these employ different approaches in the control of clinical actions.
The Association for Project Management (APM) promotes the professional disciplines of project management and programme management in the UK, where it is the largest professional body of its kind. APM received its Royal Charter in 2017.
The point of total assumption (PTA) is a point on the cost line of the profit-cost curve determined by the contract elements associated with a fixed price plus incentive-Firm Target (FPI) contract above which the seller effectively bears all the costs of a cost overrun. The seller bears all of the cost risk at PTA and beyond, due to a dollar for dollar decrease in profit beyond the costs at the PTA. In addition, once the costs on an FPI contract reach PTA, the maximum amount the buyer will pay is the ceiling price. Note, however, that between the cost at PTA and when the cost equals the ceiling price, the seller is still in a profitable position; only after costs exceed the ceiling price is the seller in a loss position.
The project management triangle is a model of the constraints of project management. While its origins are unclear, it has been used since at least the 1950s. It contends that:
- The quality of work is constrained by the project's budget, deadlines and scope (features).
- The project manager can trade between constraints.
- Changes in one constraint necessitate changes in others to compensate or quality will suffer.
Penn State Great Valley School of Graduate Professional Studies is a special mission campus and graduate school of the Pennsylvania State University located in Malvern, Pennsylvania. Academic programs include engineering, information science, MBA, data analytics, finance, and leadership. Continuing professional education courses and customized corporate training are also offered. Classes are geared toward working adults and meet evenings and Saturdays in seven- and fourteen-week sessions.
Certified Associate in Project Management (CAPM) is a credential offered by the Project Management Institute (PMI).
Founded in 1976, the Pensions Management Institute (PMI) is the UK's largest and most recognisable professional body for employee benefits and retirement savings professionals, supporting over 6,500 members in 32 countries.
The Computing Technology Industry Association (CompTIA), is a non-profit trade association, issuing professional certifications for the information technology (IT) industry. It is considered one of the IT industry's top trade associations. Based in Downers Grove, Illinois, CompTIA issues vendor-neutral professional certifications in over 120 countries. The organization releases over 50 industry studies annually to track industry trends and changes. Over 2.2 million people have earned CompTIA certifications since the association was established.
'The Global Alliance for the Project Professions' (GAPPS) is a nonprofit organization who provides independent reference benchmarks for project management standards and assessments. Driven entirely by volunteers, the GAPPS is an alliance of government, private industry, professional associations, and training and academic institutions working to develop globally applicable performance based competency standards for project management. The GAPPS produces standards, frameworks, and comparability maps which are intended to facilitate mutual recognition of project management qualifications and are available for download, free of charge, from their website.
Métier, Limited is a project portfolio management (PPM) company founded in 1998. Métier develops project portfolio management (PPM) software. The company is headquartered in Healdsburg, California.
PM² is a project management methodology developed and endorsed by the European Commission (EC). It is the official project management methodology of the EC, incorporating elements from a range of widely accepted best practices in project management, and builds heavily on PMBOK, Prince2, IPMA-ICB, CMMI, TEMPO, and operational experience from EU institutions. In essence, the PM² methodology provides:
References
- ↑ PMHub Forums Accessed 23 June 2006.
- ↑ Moad, Jeff (2003). "IT pros flock to PM certifications". eWeek. 20 (11): 52. ISSN 1530-6283
- ↑ Smith, Denny (2005). "PMI Revises Foundation-Level Credential". Certification Magazine. 7 (3): 10. ISSN 1529-6903
- ↑ "PMItoday – June 2013". Pmitoday-digital.com. Retrieved 2014-06-05.