What is RAID as it related to project management?

RAID stand for risks, assumptions, issues and dependencies. These are vital items that a PM should always be aware of. There are always risks about actions and a PM must take least risk actions. Unless assumptions about any estimates or actions are clear, these can go wrong. Issues and dependencies also limit the choices of … Read more

What are the knowledge areas relevant to doing a project?

Scope management, time and cost management knowledge areas are quite obvious. Same goes for quality management too. To complete a project in all its aspects one needs to be aware of the project integration knowledge area. Communications is an essential issue so is the communication management knowledge. Procurement and risk management are two vital support … Read more

What are processes and process groups?

A process is a defined way of doing things. Not only does the process define the actions to be taken but also in what sequence they are to be carried out. Process groups are a set of processes that are applicable to various stages of a project. For example, initiating process group, planning process group, … Read more

What qualifications are required to be an effective project manager?

Besides being a good professional manager, the PM needs to have additional personal skills for being effective. It is not only essential for him to have project management skills but be proficient in them. Attitude, core personality characteristics and leadership qualities are needed. Team management and leadership skills that help the team reach common objectives … Read more

What do you understand by plan baselines?

Baselines are the final version of all plans before the project execution starts. Project baselines are the starting versions of all related plans of a project, be it the time schedule, the quality plan, the communication plan or whatever. This acts as the reference against which project performance is measured. In project management, a baseline … Read more