Hot Topics: PMI Standards

Hot Topic: PMI Standards The Project Management Institute has established project management standards to keep professionals up to date on best practices and processes. Articles The History of OPM3 - by John Schlichter (September 14, 2009) In 1998 a project was chartered to develop an international standard for industry and government strictly through the grassroots efforts of unpaid volunteers. Their journey led to the development of the Organizational Project Management Maturity Model (OPM3), and this is their story. PMI's OPM3 Standard OPM3 is a framework for assessing and developing an organization’s capabilities in project, program or portfolio management. This presentation introduces the organizational PM standard. Knowing When to Quit - by Ian Stewart, PMP Many organizations still struggle with keeping project portfolios organized and making hard decisions between competing projects. Here's some advice in using good portfolio management and organizational governance to cancel a project. Defining Roles for IT Governance (Part 1) - by George Jucan, MSc, PMP, OCP At the beginning it was the project manager. For many years it was good enough for everything and everyone, until offsprings started to appear: Program managers, portfolio managers, technical project managers, project leaders, project coordinators, project assistants, project controllers and many more. And then it was chaos...here's an all-important look at all of these roles and responsibilities.

Through its Global Standards Program, PMI develops standards for the profession that are valued by members, the marketplace and other stakeholders. By doing this, PMI hopes to achieve worldwide excellence in the practice of project management through standards that are widely recognized and consistently applied. PMI currently offers several foundational standards: For Projects: A Guide to the Project Management Body of Knowledge (PMBOK® Guide – Fourth Edition) For Programs: The Standard for Program Management For Portfolio: The Standard for Portfolio Management Organization Project Management: Organizational Project Management Maturity Model (OPM3®) For more information: visit the Standards section of PMI.org PMI developed the Project Manager Competency Development Framework to help project managers and organizations understand and expand their project management competence — the personal competitive edge project managers bring to an organization when they deliver projects. PMI developed The Practice Standard for Earned Value Management expands on the EVM information in the PMBOK® Guide. The standard, in detail, describes the elements of EVM. It also offers examples of how EVM can fit any project size or situation. PMI has developed multiple foundational and practice standards that provide a framework for any organization to develop their own methodologies, governance and processes.

The 2011 PM Profession (Part 2) - by Bob Weinstein In the years ahead, the job of project manager will only become more complex. That’s largely because the profession has finally gotten the recognition it deserves, taking its much-deserved place alongside other essential organizational functions. In this installment, we find out more about the value of PMI certification, industry-specific requirements and what industries will be aggressively hiring PMs next year. Baby Steps - by Craig Curran-Morton Why has Project Portfolio Management struggled to be adopted in organizations? While part of the problem lies with the vendor overselling the product, the bulk of the issue stems from our collective failure to educate ourselves on PPM--and understand how we should adopt it. IT Governance: Pick Your Standard - by Michael Wood With the pressure of Sarbanes-Oxley compliance weighing on them, CIOs are looking for the IT governance standards that will bring them up to par. Of course, compliance isn't as simple as following a single standard. Here is a rundown of standards appropriate to each funcitonal area of your IT department. Project Configuration Management Learn how to identify project items that must be placed under strict configuration control. Certification: Commodity or Differentiator? - by Mark Mullaly, PMP The PMP is no longer the only certification available from PMI. What does this mean for the project manager, and what does this mean for the organizations that are looking to hire project managers? Are certifications of value as a differentiator, or have they become a commodity? Comparing Certifications - by Jacqueline Dasso Haddad, PMP This article will explore the differences and similarities in the methodology and certification levels of traditional project management and the government. Still Evolving - by Ian Whittingham, PMP Did you know that PMI published its latest update to PMBOK--the fourth edition to be published since 1996--on the last day of 2008? This writer decided to take a look at what has changed since the previous edition of PMBOK--and to see in what direction the project body of knowledge is evolving. Doing The Right Thing: Easier Than It Sounds? - by Mark Mullaly, PMP We all believe that we understand and know what the concept of "doing the right thing" means. When it comes time to do this on our projects, however, is it really as easy as we might initially think? Do we really know what it means to manage our projects responsibly? Are we prepared to do so in the face of pressure, influence or outright direction to the contrary? Going Global with Communities of Practice - by Dr. Andrew Makar, DMIT, PMP During project delivery, the manager often relies on his project team and the extended network of project, program and portfolio managers to solve PM challenges. The Virtual Communities of Practice project provides a useful resource for PMs to leverage. Improve Maturity with a Community of Practice - by Andrew Makar, PMP One approach to improve project management maturity is through a project management community of practice, an informal group of PM practitioners who share advice, tips, techniques, lessons learned and promote relevant topics in the project and program management domain. Blogs PMI Standards - How Would You Do It?   from   Project Management 2.0 Situation: You know how to please most of the PMs some of the time. If you think about it, PMI has a pretty tough job on their hands. Every time they create a new standard, they have to bu ... Posted By: Dave Garrett on June 21, 2010 01:13 PM Update on Updates   from   Drunken PM My summary and videos from PMI Leadership and Congress in Amsterdam last week should be up within a day or so. In the meantime, PMI Chair, Ricardo Vargas has a new website and has posted a podcast ... Posted By: Dave Prior on May 27, 2009 06:43 AM PMI Launches new credential - Having a Pulse!   from   On Project Management and Related Topics PMI is now offering accreditation to project managers that can demonstrate having a pulse and other life-like qualities, provided they can pay the exam and application fees as well as spend some extra ... Posted By: Shawn Belling on August 11, 2008 11:21 AM Maintaining My Credential - Clarification on Category 2H: Practitioner - Project Work Experience   from   Taking the Plunge - Preparing for the PMP Exam Good news re: Category 2H.  Or at least good news for those of us who have held the PMP credential for less than a year that might have missed the information in the handbook.  GUILTY!  I checked with ... Posted By: Aaron Porter (MBA PMP CSM) on September 30, 2009 12:41 AM Discussions PMBOK 4 going Agile?   in   Project Management Central The following was blogged about and posed on LinkedIn, but I'd like to know what the Gantthead community thinks about this: The 4th edition of the PMBOK is coming out and a draft edition was made a ... Posted By: Don Kim on February 24, 2008 PMI Membership   in   Project Management Central All - I have recently applied to take the PMP Exam and paid the full $555 for the exam fee. I know there is a discount if you are a PMI member, but didn't go that route (forgot actually). I am curio ... Posted By: Anonymous on February 19, 2008 PgMP Certification   in   Project Management Central So, not sure how many of you have seen that PMI now has a Program Management Certification but I'm curious as to what others think about this new certification. I haven't seen many job descriptions on ... Posted By: Bethany Schoenick PMP on June 06, 2007 PMBoK versus PRINCE2   in   Collaboration Conversation PMBoK (Project Management Boby of Knowledge) is commonly seen as a knowledge repository for tools which can be applied by project managers to projects whilst PRINCE 2 (Projects in Controlled Environme ... Posted By: Anonymous on October 13, 2005 PMI Offers from gantthead PMI Leadership: Special Offers gantthead has special programs and offers to help your PMI Chapter or SIG. PMI Leadership: Downloads gantthead has special programs and offers to help your PMI Chapter or SIG.