Project Management

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New answer posted

3 months ago

0 Follower 4 Views

D
Diya Nihalani

Contributor-Level 10

Some important tools to learn in Project Management are mentioned in the table below for the interested candidates to check out:

Project Management Tools

Wrike

Microsoft Project

ClickUp

FigJam

Hub Planner

Quire

Zoho Projects

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New answer posted

3 months ago

0 Follower 2 Views

D
Diya Nihalani

Contributor-Level 10

The latest project management courses are really beneficial for upskilling and staying relevant.

Courses and Certifications of PMI 

  • For entry-level positions, certifications such as the CAPM (Certified Associate in Project Management) offered by PMI are highly valued the world over. 
  • Then higher-level certifications from PMI, such as the PMP certification, which requires 3 years of work experience, will be a fine option. 
  • Another option would be to take courses from PMI-member institutions like Google. 

Certifications from PRINCE2

PRINCE2 (Projects in Controlled Environments) is an alternative methodology that uses a pres

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New answer posted

3 months ago

0 Follower 2 Views

D
Diya Nihalani

Contributor-Level 10

Besides the power/soft skills, technical skills also must be given importance. Nearly all offline and online project management courses provide technical training on planning, scheduling, cost-containment, etc. According to PMI, in the Asia Pacific region, especially in Australia, project professionals are in high demand when they have skills in change management and risk management, as well as emotional intelligence. 

New answer posted

3 months ago

0 Follower 3 Views

D
Diya Nihalani

Contributor-Level 10

The PMI Pulse of the Profession Report of 2023 mentions the talent gap for project professionals in these areas. 

  • Communication 
  • Problem-solving
  • Collaborative leadership
  • Strategic thinking

Having these skills, according to PMI, is important for having 'project management maturity'. That indicates the organisation focuses on continuous improvement using project management best practices. PMI also says 72% of projects succeed having these skills. 

New answer posted

3 months ago

0 Follower 3 Views

D
Diya Nihalani

Contributor-Level 10

RGPM has stated that earning new certifications is a priority of project managers. This is because project management professionals must focus on the dynamic business environment influenced by emerging technologies. 

Such technologies, especially AI, offer more data accuracy while forecasting and removing errors in administrative tasks. There is a growing need for soft skills. A major part of it is collaboration, which needs to be infused into day-to-day teamwork as well as leadership.

New answer posted

3 months ago

0 Follower 2 Views

D
Diya Nihalani

Contributor-Level 10

  1. By 2030, global demands will create a need for 25 million project leaders, as per PMI's estimate. 
  2. There has been a growing trend of remote project management since the pandemic, and it will continue. According to PPM, 80% of organisations focus on Agile projects remotely.  
  3. The adoption of cloud collaboration tools is now important. The global project management software market is expanding rapidly, especially in North America and Europe. Its value is estimated to be $15.08 billion by 2030. 

New answer posted

3 months ago

0 Follower 7 Views

P
Priyabharathi P

Beginner-Level 3

There are several colleges in India that offer direct admission to M.Tech or MBA programs in Project Management without requiring national-level entrance exams. Institutions like MIT-WPU Pune, NICMAR University, and UPES Dehradun provide MBA programs in Project Management with admission based on graduation marks and personal interviews. Similarly, Amity University and RICS School of Built Environment offer specialised programs in construction and project management with direct entry options. For M.Tech aspirants, colleges like VIT Vellore, SRM University, and RICS-Amity also provide project management-focused programs where students ca

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New answer posted

3 months ago

0 Follower 6 Views

A
Aashi Rai

Contributor-Level 7

When breaking into product management, it is important to differentiate this discipline from similar concepts, including project management and product management. 

You can see the difference between Product Management & Project Management in the table below:

Aspects

Product Management

Project Management

Focus

Focuses on the lifecycle of a product or service, including ideation, development, launch, and iteration based on market needs and user feedback.

Focuses on managing temporary projects with specific goals, timelines, resources, and deliverables.

Duration

Long-term and ongoing, spanning the entire product lifecycle.

Short to medium-term, with a defined start and end based on project goals and scope.

Scope

Concerned with the product strategy, market research, defining features, prioritisation, and aligning with business goals.

Concerned with planning, execution, resource allocation, and tracking to achieve project objectives within constraints.

Stakeholders

Engages with various departments like engineering, UI/UX design, marketing, sales, and customers.

Works with project team members, stakeholders, sponsors, and clients to execute the project plan.

Outcome

Focuses on the success and evolution of a product/service in the market, addressing customer needs and achieving business objectives.

Focuses on delivering specific project objectives, often involving tasks, milestones, and deliverables.

Flexibility

Requires adaptability to changing market conditions, user feedback, and technology advancements.

Adheres to a defined project plan and aims to manage changes within project scope through formal change control processes.

New question posted

3 months ago

0 Follower 11 Views

New answer posted

4 months ago

0 Follower 16 Views

G
Gyanav Tiwari

Beginner-Level 5

The management quota annual fees at PES University (Bangalore) for B.Tech vary significantly by branch. For Computer Science & Engineering, it's around INR 12 Lacs per year, for ECE about INR 7 lakh, and for other branches closer to INR 5 LPA.

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