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Articles by Gargi Tomar
Page 7 of 7
Differences between PMBOK 6 and PMBOK 7
A successful project management program is a vital component of any organization's success. Whether it's in the field of construction or business operations, project managers have the necessary skills and knowledge to effectively carry out their duties. Due to the increasing number of professionals in the project management industry, many people are considering pursuing a Post Graduate Program in project management. If you're planning on taking the Project Management Institute's (PMI) certification exam in 2021, you'll be in for a major change in the way the exam is conducted. The new version of the exam, known as PMBOK 7, features ...
Read MoreDifference Between Projects and Programs
Projects are valuable tools that help organizations develop new products and improve their processes. They can also help them meet compliance requirements and gain a competitive edge. These are typically one-time projects that are managed and executed on a fixed schedule. A project can be a product or service that is designed to deliver a specific result. For instance, if a new customer relationship management system is implemented, it can help boost the sales of a company. A program, on the other hand, is a group of related projects that are focused on producing a common benefit. For instance, if ...
Read MoreCommon Cause Variation Vs. Special Cause Variation
Every piece of data that is analyzed will exhibit varying degrees of variation. Even if we try our best, we can never achieve identical results in every situation. Variation is a type of numerical value that shows how widely people in a group are affected by different factors. The concept of variance is a type of numerical measure that shows how the data is distributed across various points in a given area. If you get a variance of zero, it means that your results are exactly the same as the expected value. On the other hand, a high variance indicates ...
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