Rapid Fire on Project Management

It is mainly a document officially starts a project and includes every detail of the project. From start to end, the document also includes project authorization. This document lists all the top-level requirements as per the stakeholders and the outcomes of the project. A project charter is a formal document that authorizes the initiation of … Read more

Every project has to go through a series of phases from initiation to closure and this is what we call as a project life cycle. As per PMBOK, projects need to go through 5 phases – • Initiation • Planning • Execution • Monitoring & Control • Closing Explaining a project’s life cycle typically involves … Read more

The techniques are parametric estimates, three-point estimates and analogous estimates. These are some of the popular questions that are asked in project management interviews. Always be prepared to answer all types of questions — technical skills, interpersonal, leadership or methodology. If you are someone who has recently started your career in project management, you can … Read more

Product breakdown, requirements analysis, systems engineering, systems analysis, value engineering, value analysis and alternatives analysis. In a project management interview, when asked about techniques used for defining scope, you can highlight several effective methods. Here are some techniques commonly used for defining scope: Stakeholder Interviews and Workshops: Conducting interviews and workshops with key stakeholders helps … Read more

WBD is the process of decomposition of a project into deliverable-oriented components. This helps the project manager to oversee the project more effectively. A Work Breakdown Structure (WBS) is a hierarchical decomposition of the project scope into smaller, more manageable work components. It organizes and defines the total scope of the project in a hierarchical … Read more