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ICT

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ICT

Uploaded by

ujjwalbhujel333
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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1

1. Introduction
1.1. Project, Program, Portfolio and System
1.2. Project Objectives and Goals SMART Goals
1.3. Classification of Projects
1.4. Project Constraints
1.5. Project Management and Its Advantages
1.6. Project Management Body of Knowledge
1.7. Project Environment Internal, Task and External Environment
1.8. Skill Requirements of Project Manager
1.9. Roles and Responsibilities of Project Manager
1.10. Project Management Institute's Framework and International Certification

1.1.1 Project

 Definition:
A project is a temporary endeavor undertaken to create a unique product,
service, or result. It has a clear start and end point, with specific objectives.
 Key Characteristics:
o Temporary: Defined start and end dates.
o Unique Deliverables: Produces outputs distinct from routine
operations.
o Progressive Elaboration: Details evolve as the project progresses.
o Examples:
 Developing a new software application.
 Constructing a building.

pg. 1
2

Program

 Definition:
A program is a collection of related projects managed in a coordinated way to
obtain benefits and control not available from managing them individually.
 Key Characteristics:
o Aligns multiple projects to strategic objectives.
o Focuses on optimizing interdependencies among projects.
o Managed by a Program Manager.
o Examples:
 A company’s digital transformation initiative that includes
implementing ERP software, creating a mobile app, and
enhancing cybersecurity measures.

Role of a Project Manager in Balancing Project Scope and Resources

 Balance the scope of work (deliverables) to meet project objectives.


 Manage resources, time, and budget effectively within the constraints.
 Ensure the project adheres to quality guidelines as required by stakeholders.

Skills and Tools for Project Management

 Skills Required:
o Planning and organizational skills.
o Problem-solving and critical thinking.
o Communication and stakeholder management.

pg. 2
3

o Risk assessment and mitigation.


 Tools and Techniques:
o Gantt charts, Kanban boards, and Agile methodologies.
o Resource allocation and budgeting tools.
o Project tracking and reporting systems.

Responsibilities of a program manager typically include:


 Understanding how steps in individual projects connect with others in the
program
 Creating a master schedule that takes each of these connections into consideration
 Developing a program-level risk management plan
 Establishing communication systems and guidelines so that each person involved
in the program is aware of important information
 Evaluating projects to determine whether any should be redesigned or removed
from the program to achieve maximum benefit

Portfolio

 Definition:
A portfolio is a collection of projects, programs, and operational tasks that are
managed collectively to achieve strategic business objectives.
 Key Characteristics:
o Includes unrelated projects or programs.
o Prioritizes resource allocation based on organizational strategy.
o Evaluates performance based on return on investment (ROI) and
alignment with goals.
o Managed by a Portfolio Manager.
o Examples:
 A multinational corporation’s portfolio may include energy
projects, R&D programs, and sustainability initiatives.

pg. 3
4

Responsibilities of a Portfolio Manager

 Resource Allocation:
o Determine how limited resources are allocated across projects and
programs.
o Prioritize projects based on their contribution to organizational goals.
 Strategic Alignment:
o Evaluate projects holistically to ensure alignment with organizational
objectives.
o Balance ongoing operations (“keeping the lights on”) with new
development opportunities.
 Risk Management:
o Maintain a balance between acceptable risks and potential rewards.
o Avoid excessive risk that could jeopardize the organization’s stability.

System

 Definition:
A system refers to the structured and interconnected set of components, tools,
processes, and methodologies used to achieve project, program, or portfolio
objectives effectively.
 Key Characteristics:
o Provides frameworks and processes for project execution.
o Involves tools like project management software (e.g., MS Project,
Jira).
o Includes governance mechanisms for consistent operations.
o Examples:
 A Project Management Information System (PMIS), which
integrates tools, techniques, and data to manage projects
efficiently.

Comparison and Relationships

pg. 4
5

Aspect Project Program Portfolio System


Interrelated Strategic Supportive
Focus Deliverables
benefits alignment tools/processes
Broader, Broadest, spans
Framework for
Scope Narrow includes various
execution
related projects objectives
Manager Project Program Portfolio
Administrators/Users
Role Manager Manager Manager
Medium to
Timeframe Temporary Continuous Continuous
long-term

These four elements collectively contribute to achieving an organization’s strategic


goals while optimizing resource utilization and enhancing efficiency.

Project Objectives and Goals

 Project Objectives:
o Specific and measurable outcomes that the project aims to achieve.
o Provide a clear focus for project planning and execution.
o Serve as benchmarks for tracking progress and measuring success.
o Example: "Reduce customer complaint response time by 30% within
six months."
 Project Goals:
o Broader, long-term aspirations aligned with the organization’s vision.
o Define the purpose and value the project intends to deliver.
o Example: "Improve overall customer satisfaction to strengthen brand
loyalty."

SMART Goals Framework

pg. 5
6

To ensure clarity and feasibility, project objectives and goals should be SMART:

 S – Specific:
o Clearly define what is to be achieved.
o Focus on specific deliverables or outcomes.
o Example: "Develop a mobile app with payment integration."
 M – Measurable:
o Ensure the goal can be quantified or tracked.
o Use metrics like percentages, timelines, or milestones.
o Example: "Increase website traffic by 20% in three months."
 A – Achievable:
o Set realistic goals considering available resources and constraints.
o Ensure goals are within the team’s capabilities.
o Example: "Hire and onboard three new developers in two months."
 R – Relevant:
o Align the goal with the broader objectives of the project or
organization.
o Ensure it adds value to stakeholders.
o Example: "Implement a new CRM to streamline customer
interactions."
 T – Time-bound:
o Define a clear deadline or timeframe for achieving the goal.
o Example: "Complete product prototype by the end of Q1."

Example of a SMART Goal for a Project

Objective: "Launch a marketing campaign to increase app downloads."


SMART Breakdown:

 Specific: Focused on increasing downloads through targeted marketing.

pg. 6
7

 Measurable: Achieve 10,000 downloads within the first three months.


 Achievable: Leverage a $50,000 budget for social media and search engine
ads.
 Relevant: Aligns with the organization’s goal to grow its user base.
 Time-bound: Campaign to run from January 1 to March 31.

1.3 DEFINITION AND PURPOSE OF PROJECT CLASSIFICATION


Project classification refers to the process of categorizing projects based on various
factors such as size, duration, industry, objectives, and more. It is an essential aspect
of project management as it helps in organizing and understanding projects better.

pg. 7
8

IMPORTANCE OF PROJECT CLASSIFICATION IN PROJECT


MANAGEMENT
Project classification plays a crucial role in project management for several reasons.
Firstly, it allows project managers to allocate resources effectively by understanding
the specific requirements of different project types. Secondly, it aids in project
planning and scheduling, allowing for better time management and prioritization.
Lastly, project classification helps in identifying potential risks and challenges
associated with different project types, enabling better risk management strategies.

Types of Project Classification


CLASSIFICATION BASED ON PROJECT SIZE AND COMPLEXITY
1. Small-scale projects
Small-scale projects are typically characterized by their limited scope, short
duration, and low complexity. These projects often involve a small team and require
minimal resources. Examples of small-scale projects include organizing local
events, creating a small website, or conducting a small research study.

2. Medium-scale projects
Medium-scale projects are more extensive in scope and complexity compared to
small-scale projects. They require a moderate level of resources, time, and effort.
Examples of medium-scale projects include developing a software application,
organizing a regional conference, or implementing a new process within an
organization.

3. Large-scale projects
Large-scale projects are characterized by their significant scope, high complexity,
and long duration. These projects involve multiple stakeholders, extensive resources,
and require careful planning and coordination. Examples of large-scale projects
include building a skyscraper, implementing an enterprise-wide software system, or
launching a new product in the market.

CLASSIFICATION BASED ON PROJECT DURATION


1. Short-term projects
Short-term projects have a duration of a few weeks to a few months. These projects
are focused on achieving specific objectives within a limited timeframe. Examples
of short-term projects include organizing a one-day workshop, conducting a market
research survey, or designing a brochure for a client.

pg. 8
9

2. Medium-term projects
Medium-term projects typically span from a few months to a year. These projects
involve more extensive planning and execution and may have multiple phases or
milestones. Examples of medium-term projects include developing a mobile
application, renovating a building, or implementing a new sales strategy.

3. Long-term projects
Long-term projects have a duration of several years and often involve complex
planning, coordination, and monitoring. These projects require a long-term
commitment of resources and may have evolving objectives over time. Examples of
long-term projects include constructing a highway, conducting a multi-year research
study, or implementing a large-scale infrastructure project.

CLASSIFICATION BASED ON PROJECT INDUSTRY OR DOMAIN


1. Construction projects
Construction projects involve the building or renovation of physical structures such
as buildings, bridges, roads, and more. These projects require specialized knowledge
and expertise in construction management and engineering.

2. IT projects
IT projects involve the development, implementation, or maintenance of software
applications, systems, or infrastructure. These projects often require a deep
understanding of technology and programming languages.

3. Healthcare projects
Healthcare projects focus on improving healthcare services, facilities, or systems.
These projects may involve the implementation of electronic health records,
construction of hospitals, or the development of medical devices.

4. Marketing projects
Marketing projects involve the planning and execution of marketing campaigns,
branding strategies, or market research activities. These projects require expertise in
marketing and communication.

5. Manufacturing projects
Manufacturing projects involve the production or improvement of physical products.
These projects may include designing new products, optimizing manufacturing
processes, or implementing quality control systems.

pg. 9
10

CLASSIFICATION BASED ON PROJECT OBJECTIVES


1. Research projects
Research projects focus on investigating and exploring new ideas, theories, or
concepts. These projects may involve conducting experiments, gathering data, and
analyzing findings to contribute to existing knowledge.

2. Development projects
Development projects aim to create or improve products, systems, or processes.
These projects involve designing, prototyping, testing, and implementing solutions
to meet specific needs or requirements.

3. Implementation projects
Implementation projects involve the deployment and integration of new systems,
processes, or strategies within an organization. These projects require careful
planning, training, and change management to ensure successful adoption.

4. Maintenance projects
Maintenance projects focus on the upkeep, repair, or enhancement of existing assets,
systems, or infrastructure. These projects aim to ensure the longevity and efficiency
of the existing resources.

Factors Influencing Project Classification


A. SCOPE AND COMPLEXITY OF THE PROJECT
The scope and complexity of a project play a significant role in its classification.
Projects with a broader scope and higher complexity are often classified as large -
scale projects, while those with a narrower scope and lower complexity may fall into
the small or medium-scale categories.

B. AVAILABLE RESOURCES AND BUDGET


The availability of resources, including financial, human, and technological
resources, influences project classification. Projects with substantial resources and
budget allocation are more likely to be classified as large-scale projects, while those
with limited resources may be classified as small or medium-scale projects.

C. STAKEHOLDER REQUIREMENTS AND EXPECTATIONS


The specific requirements and expectations of stakeholders also impact project
classification. Projects that involve multiple stakeholders and have diverse

pg. 10
11

requirements may be classified as large-scale projects, while projects with fewer


stakeholders and more focused objectives may fall into the small or medium-scale
categories.

D. PROJECT TIMELINE AND DEADLINES


The duration and deadlines associated with a project influence its classification
based on project duration. Projects with shorter timelines and urgent deadlines may
be classified as short-term projects, while those with longer timelines and flexible
deadlines may fall into the medium or long-term categories.

E. REGULATORY AND LEGAL CONSTRAINTS


Regulatory and legal constraints can also impact project classification. Projects that
require compliance with specific regulations or legal frameworks may be classified
differently based on the industry or domain they belong to.

Benefits of Project Classification


A. IMPROVED PROJECT PLANNING AND SCHEDULING
Project classification enables better project planning and scheduling by providing a
clear understanding of the project’s requirements, scope, and complexity. This
allows project managers to allocate resources, set realistic timelines, and plan
activities effectively.

B. EFFICIENT RESOURCE ALLOCATION AND UTILIZATION


By classifying projects based on their size, complexity, and requirements, project
managers can allocate resources more efficiently. This ensures that the right
resources are assigned to the right projects, maximizing their utilization and
minimizing wastage.

C. ENHANCED RISK MANAGEMENT AND MITIGATION


Project classification helps in identifying potential risks and challenges associated
with different project types. This allows project managers to develop appropriate
risk management strategies and mitigation plans, reducing the likelihood and impact
of risks.

D. CLEARER PROJECT COMMUNICATION AND


DOCUMENTATION
By classifying projects, project managers can establish a common language and
understanding among project stakeholders. This facilitates clearer project

pg. 11
12

communication and documentation, ensuring that everyone is on the same page


regarding project objectives, requirements, and expectations.

E. BETTER DECISION-MAKING AND PROJECT CONTROL


Project classification provides project managers with valuable insights into the
characteristics and requirements of different project types. This enables better
decision-making and project control, as project managers can tailor their approaches
and strategies based on the specific needs of each project.

Challenges in Project Classification


A. AMBIGUITY IN PROJECT CLASSIFICATION CRITERIA
One of the challenges in project classification is the ambiguity in defining the criteria
for classification. Different organizations or project managers may have varying
criteria, leading to inconsistencies in classifying projects accurately.

B. CHANGES IN PROJECT SCOPE AND REQUIREMENTS


Projects often undergo changes in scope and requirements throughout their lifecycle.
This can make it challenging to classify projects accurately, as the initial
classification may no longer align with the project’s current state.

C. INACCURATE PROJECT CLASSIFICATION LEADING TO


MISMANAGEMENT
If a project is classified incorrectly, it can result in mismanagement and ineffective
resource allocation. For example, classifying a large-scale project as a small-scale
project may lead to inadequate resource allocation, causing delays and inefficiencies.

D. DIFFICULTY IN CLASSIFYING COMPLEX AND MULTI-


FACETED PROJECTS
Projects that are complex and multi-faceted can be challenging to classify accurately.
These projects often involve multiple dimensions, such as size, duration, industry,
and objectives, making it difficult to fit them into a single category.

Project constraints
Project constraints are critical factors that project managers must navigate to ensure
successful project delivery. These constraints often compete with one another,
requiring careful balance and trade-offs throughout the project lifecycle. The most
recognized framework for understanding these constraints is the Triple Constraint,

pg. 12
13

which traditionally includes scope, time, and cost. However, additional constraints
such as quality, risk, and resources also play significant roles in project management.

The Triple Constraint


1. Scope: This defines what the project aims to achieve, encompassing all
deliverables and requirements. It is essential to clearly outline the scope at the
project's onset to prevent scope creep, which can lead to increased costs and
extended timelines
2. Time: This constraint refers to the schedule for completing the project.
Effective time management involves estimating task durations, sequencing
activities, and allocating resources appropriately. Delays in schedule can lead
to missed deadlines and incomplete deliverables
3. Cost: This encompasses the budget allocated for the project, including all
necessary expenses. Project managers must ensure they do not exceed this
budget while also avoiding underspending, as many funding sources operate
on a "use it or lose it" basis

Additional Constraints
In addition to the Triple Constraint, several other crucial factors influence project
management:

pg. 13
14

1. Quality: This refers to the standards and criteria that project deliverables must
meet. Quality assurance processes are vital for maintaining high standards
throughout the project lifecycle
2. Risk: Risks are potential events that could negatively impact the project.
Effective risk management involves identifying, analyzing, and mitigating
risks to minimize their impact on project objectives
3. Resources: This includes all assets required for project completion, such as
personnel, equipment, and materials. Proper resource allocation is essential to
avoid delays and ensure quality
Balancing Constraints
Managing these constraints effectively requires a strategic approach:
1. Trade-offs: Adjustments in one constraint often necessitate changes in others.
For example, increasing scope may require additional time and budget
adjustments
2. Stakeholder Engagement: Involving stakeholders in defining project goals
helps align expectations and reduces conflicts later in the project
3. Continuous Monitoring: Regularly assessing project performance against
these constraints allows for timely adjustments and proactive management of
potential issues

Project Management

Project management is the process of planning, executing, and monitoring tasks to


achieve specific goals within constraints like time, cost, and scope. It ensures the
successful completion of projects across industries.

pg. 14
15

Advantages

1. Clear Goals: Defines objectives and deliverables.


2. Efficient Resource Use: Optimizes allocation of resources.
3. Productivity: Focuses on priorities and responsibilities.
4. Risk Management: Identifies and mitigates risks.
5. Cost Control: Tracks and manages budgets effectively.
6. Better Communication: Promotes transparency among stakeholders.
7. Quality Assurance: Ensures deliverables meet standards.
8. Time Management: Keeps projects on schedule.
9. Stakeholder Satisfaction: Aligns outcomes with expectations.
10. Flexibility: Adapts to projects of varying sizes.

Project Management Body of Knowledge (PMBOK)


The Project Management Body of Knowledge (PMBOK) is a comprehensive
framework that outlines standard terminology, best practices, and guidelines for
project management. Developed by the Project Management Institute (PMI), the
PMBOK serves as an essential resource for project managers seeking to effectively
plan, execute, and close projects across various industries.

pg. 15
16

Key Components of PMBOK

1. Knowledge Areas
PMBOK identifies ten key knowledge areas critical to project management:
o Integration Management: Ensures coordination across project
activities.
o Scope Management: Defines and controls what is included in the
project.
o Schedule Management: Plans and monitors project timelines.
o Cost Management: Estimates, budgets, and controls project costs.
o Quality Management: Ensures deliverables meet standards.
o Resource Management: Manages project teams and physical
resources.
o Communication Management: Ensures clear information flow.
o Risk Management: Identifies and mitigates potential risks.
o Procurement Management: Handles external sourcing and contracts.
o Stakeholder Management: Engages and satisfies project stakeholders.

2. Process Groups
PMBOK organizes project activities into five process groups:

pg. 16
17

o Initiating: Defines and authorizes the project.


o Planning: Develops a detailed roadmap for achieving objectives.
o Executing: Implements the project plan and manages work.
o Monitoring and Controlling: Tracks progress and makes necessary
adjustments.
o Closing: Finalizes all activities and formally closes the project.

Advantages of PMBOK

 Provides a structured approach for managing projects.


 Enhances consistency and standardization across industries.
 Facilitates better planning, risk management, and quality assurance.
 Serves as a knowledge base for professional certification (e.g., PMP).

1.7. Project Environment Internal, Task and External Environment


Project Environment

The project environment refers to the context in which a project operates, including
all internal and external factors that influence its planning, execution, and success.
It can be divided into three categories: Internal Environment, Task Environment,
and External Environment.

1. Internal Environment

Factors within the organization that directly impact the project.

pg. 17
18

 Organizational Structure: Hierarchies, reporting systems, and workflows.


 Resources: Availability of human, financial, and material resources.
 Culture and Policies: Organizational values, norms, and internal regulations.
 Technology: Tools, systems, and processes used for the project.

Example: A project’s success might depend on the support from an organization’s


management or the skills of its internal team.

2. Task Environment

Factors specific to the project and its immediate stakeholders.

 Clients or Customers: Their requirements, feedback, and expectations.


 Project Team: Skills, expertise, and collaboration within the team.
 Suppliers and Contractors: Dependence on external vendors or service
providers.
 Competitors: Influence of rival projects in the same domain or market.

Example: Delays in material delivery from suppliers can disrupt the project
schedule.

3. External Environment

Broader external factors beyond the organization that influence the project.

 Economic Conditions: Inflation, currency exchange rates, and market trends.


 Legal and Regulatory Requirements: Compliance with laws, permits, and
standards.
 Technological Advancements: Innovations that may impact the project
scope.
 Social and Cultural Factors: Public perceptions, cultural differences, and
societal trends.
 Natural Environment: Weather, climate conditions, or geographical factors.

Example: A software project may need to adhere to data privacy laws like GDPR.

pg. 18
19

1.8. Skill Requirements of Project Manager


Skill Requirements of a Project Manager

A project manager plays a pivotal role in ensuring project success. They must
possess a blend of technical, leadership, and interpersonal skills to manage
resources, stakeholders, and challenges effectively. Here are the key skills required:

1. Leadership Skills

 Inspires and motivates the team.


 Sets a clear vision and leads by example.
 Facilitates decision-making and conflict resolution.

2. Communication Skills

 Ensures clear and concise communication with stakeholders.


 Actively listens and adapts messaging to different audiences.
 Manages project documentation and reporting effectively.

3. Planning and Organizational Skills

 Develops comprehensive project plans and schedules.

pg. 19
20

 Sets priorities and allocates resources efficiently.


 Monitors progress and adjusts plans as necessary.

4. Risk Management Skills

 Identifies potential risks early in the project lifecycle.


 Develops mitigation strategies and contingency plans.
 Proactively monitors and manages risk factors.

5. Problem-Solving and Critical Thinking

 Analyzes issues and identifies practical solutions.


 Thinks strategically to align solutions with project goals.
 Remains calm under pressure to make sound decisions.

6. Budget and Financial Management

 Creates and monitors project budgets.


 Ensures resource allocation aligns with financial constraints.
 Tracks expenditures to avoid cost overruns.

7. Technical Knowledge

 Understands the technical aspects relevant to the project.


 Familiar with tools, methodologies, and industry standards.
 Able to communicate effectively with technical teams.

8. Team Management Skills

 Builds and maintains high-performing teams.


 Delegates tasks effectively and ensures accountability.
 Fosters collaboration and resolves team conflicts.

pg. 20
21

9. Stakeholder Management

 Identifies and engages with key stakeholders.


 Balances diverse expectations and interests.
 Builds trust and ensures stakeholder satisfaction.

10. Adaptability and Resilience

 Adapts to changing project demands and environments.


 Maintains focus during setbacks and uncertainties.
 Continuously learns and applies new skills.

1.9. Roles and Responsibilities of Project Manager

Roles and Responsibilities of a Project Manager

A project manager is responsible for leading a project from initiation to completion.


They ensure that project objectives are met on time, within budget, and according to
quality standards while managing risks and stakeholder expectations. Below are the
key roles and responsibilities of a project manager:

pg. 21
22

Roles of a Project Manager

1. Leader
o Guides the team towards achieving project goals.
o Motivates and resolves conflicts to maintain team morale.
2. Planner
o Develops comprehensive project plans, schedules, and milestones.
o Ensures alignment with organizational goals and client requirements.
3. Coordinator
o Ensures smooth collaboration among team members, departments, and
external partners.
o Balances resource allocation and task prioritization.
4. Problem-Solver
o Identifies issues and develops effective solutions.
o Mitigates risks and handles unforeseen challenges efficiently.
5. Communicator
o Acts as the primary point of contact for stakeholders.
o Ensures transparent communication of progress, changes, and
outcomes.

Responsibilities of a Project Manager

1. Project Planning and Initiation


o Define project scope, objectives, and deliverables.
o Develop timelines, budgets, and resource plans.
o Secure necessary approvals and resources.
2. Team Management
o Assemble and manage the project team.
o Delegate tasks and monitor team performance.
o Foster a collaborative and productive work environment.
3. Resource Management
o Allocate financial, material, and human resources effectively.
o Monitor resource usage to avoid over-allocation or shortages.
4. Risk and Issue Management
o Identify potential risks and develop mitigation plans.
o Monitor risks and address issues as they arise.
5. Stakeholder Engagement
o Build and maintain relationships with stakeholders.
o Gather feedback to ensure project outcomes meet expectations.

pg. 22
23

6. Monitoring and Reporting


o Track progress against project plans.
o Prepare and present regular status updates to stakeholders.
o Use metrics to measure performance and identify areas for
improvement.
7. Quality Assurance
o Ensure deliverables meet predefined quality standards.
o Implement corrective actions when quality issues occur.
8. Project Closure
o Finalize all activities and obtain stakeholder approval.
o Document lessons learned and share with relevant teams.
o Ensure smooth handover of deliverables to the client or end-user.

1.10 Project Management Institute's Framework and International Certification

Project Management Institute's Framework and International Certification


The Project Management Institute (PMI) is a globally recognized organization that
sets standards and guidelines for project management practices. It provides a
structured framework that encompasses various methodologies, tools, and best
practices designed to enhance the effectiveness of project management across
different industries.

pg. 23
24

PMI Framework Overview

The PMI framework consists of standardized methodologies, tools, and processes


designed to ensure consistent project outcomes. Key elements include:

1. PMBOK® Guide
o A globally recognized standard for project management best practices.
o Divided into Knowledge Areas (e.g., Scope, Time, Cost) and Process
Groups (e.g., Initiating, Planning, Executing, Monitoring, and
Closing).
2. Process Groups
o Initiating: Define and authorize the project.
o Planning: Develop a roadmap for achieving project objectives.
o Executing: Perform the work according to the plan.
o Monitoring and Controlling: Track, review, and regulate progress.
o Closing: Finalize all activities and formally close the project.
3. Knowledge Areas
o Cover essential aspects such as Risk Management, Communication,
Stakeholder Management, and Quality.

pg. 24
25

International Certifications Offered by PMI

PMI certifications are widely recognized and enhance a project manager’s


credibility, skills, and career prospects. Key certifications include:

1. Project Management Professional (PMP®)


o Target Audience: Experienced project managers.
o Focus: Covers leadership, technical project management, and business
strategy.
o Significance: Globally recognized as the gold standard in project
management.
2. Certified Associate in Project Management (CAPM®)
o Target Audience: Entry-level professionals or those transitioning into
project management.
o Focus: Fundamentals of project management and PMBOK® Guide
concepts.
3. PMI Agile Certified Practitioner (PMI-ACP®)
o Target Audience: Professionals using Agile methodologies.
o Focus: Agile principles, practices, and tools like Scrum and Kanban.
4. Program Management Professional (PgMP®)
o Target Audience: Program managers handling multiple interrelated
projects.
o Focus: Strategic alignment of programs to organizational goals.
5. Portfolio Management Professional (PfMP®)
o Target Audience: Senior-level managers overseeing portfolios.
o Focus: Balancing and prioritizing projects to meet organizational
strategy.
6. PMI Risk Management Professional (PMI-RMP®)
o Target Audience: Project managers specializing in risk management.
o Focus: Risk identification, assessment, and mitigation strategies.
7. PMI Scheduling Professional (PMI-SP®)
o Target Audience: Professionals focusing on project scheduling.
o Focus: Scheduling techniques and tools.

Benefits of PMI Certifications

 Global Recognition: Demonstrates adherence to international standards.


 Enhanced Credibility: Validates expertise and professionalism.
 Career Growth: Opens opportunities for higher roles and salaries.

pg. 25
26

 Networking: Access to PMI’s global community of professionals.


 Skill Development: Ensures up-to-date knowledge of industry practices.

pg. 26

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