A project is a series of goals that must be accomplished within a specific time frame to attain the final outcome. These series of goals can be a bunch of simple tasks or complicated ones, depending on the scope and size of the project. From executing a product launch to ... Read More

Project management is the organization and coordination of a company's resources to achieve a certain objective. These resources include people, money, technology, and intellectual property. A project can be created for either a one-time objective or a recurring objective over an indefinite period of time. Project management is frequently connected ... Read More

Administered by the Project Management Institute (PMI), USA, the Project Management Professional (PMP) certification is used by project managers in order to demonstrate their qualifications, competency, skills, and experience in the field of project management. The PMI designed the PMP Certification to honor project managers who have demonstrated their ... Read More

A scale of measurement used for measuring the ongoing development within a project management field is PDU or Professional Development Units. These are like credits given in high school for measuring your competency and performance throughout the year. For maintaining a Project Management Professional (PMP) certification, you need to maintain ... Read More

Financial risk is the probability of losing money on an investment or business endeavor. Operational risk, credit risk, and liquidity risk are just a few examples of the various types of financial hazards. Financial risk is the possible loss of capital to an interested party. What are the Risks? Risk ... Read More

Every project manager aims for a project that runs smoothly from start to finish, without delays or going over budget. Even though the objective is achievable, several efforts take place backstage. Some things can potentially affect the scope of the project during its execution, even if you discuss and plan ... Read More