Mudassir Iqbal

Project Risk Management →  Video on Project Risk Management Changes and Risks are inevitable, you can't run from these. To be an effective project manager it is in your favour to plan for these calamities beforehand. The challenge with this planning is that both risks and changes are unknown. The war room or continuous communication and face to face interaction helps in identifying the unknown. Project Risk Management is the route to the identification, evaluation, and response to any risk that emerges and assists the project remains on track and meet its ultimate goal. Risk management is an important part of the planning process to determine the risks that might happen and how to control. As a project manager, there’s nothing better to make you sleep well at night knowing that you have got the risk to your project under control and the stakeholders know about them. "Anything that can go wrong, will go wrong."   - Murphy's Law A risk is something that could p...

Project Stakeholder Management →  Video on Project Stakeholder Management Every project has stakeholders. The project wouldn’t be existing without stakeholders. Project Stakeholder management helps to build a bridge which is needed for better understanding of our audience. Stakeholders are individuals who either care about or have a vested interest in the project. They can be a supporter or adversary and may positively or negatively influence The project sponsor is the main stakeholder who expects to receive the project’s deliverables. Typically, there is a certain expectation at a particular time, budget, quality level, and other standards. A project can only be a success story if it meets its objectives and meets and sometimes exceeds the expectations of project stakeholders. The project manager must be aware of all the stakeholders, understand them, and keenly manage key stakeholders expectations and influences on the project. It’s a common scenario when many project ...

Project Procurement Management - PMP/CAPM →  Video on Project Procurement Management No organization can deliver a project in a silo, they would need to buy a product, services or a combination of both from outside to deliver the project objectives. Project Procurement Management refers to the goods and services required to complete the project. These can be procured from other parts of the organization involved in performing the project through resource management. It refers to the formal processes that many organizations follow to acquire goods and services. Procurement Management is the procedure of choosing, monitoring, and closing vendor contracts. Managing project procurements require the project manager to effectively cooperate with the buying department on the procedure of scheduling and managing procurements. Procurement on the project will be heavily impacted how the performing organization deals with the procurement in general. What kind of policies and proced...

Project Communication Management →  Video on Project Communication Management Project Communications management is essential to any successful project; it comprises of the procedures required to ensure on time/prompt and suitable/appropriate production, assembly, dissemination, storage, and final outlook of project information. It offers crucial connections among individuals, ideas, and information that is essential for success. Organizations environment and culture impacts the level and the kind of communications one may have on the project. Many project managers have implemented the technical work to excellence in order to figure out that stakeholders are not contended due to poor communication. For that reason, project communication is equally important as the technical work.  Also, the project manager needs to communicate in case of any unexpected events. That’s the area of project risk management. T he constant and steady communication with stakeholde...

Project Resource Management →  Video on Project Resource Management Project Resource Management helps in managing the capacity, utilization of people and assets for project work by determining and deploying the most qualified resources. It centralizes the crucial resources to enhance customer and employee satisfaction and high enterprise profitability. Resource management comprises the processes to identify, utilize and manage resources required for the successful completion of the project. It involves acquiring and deploying both internal and external resources which are essential for progressively delivering a project or program. The procedure primarily emphasizes on precedence usage of resources, controlling resource utilization and productivity, and measuring resource efficiency. One area which now has more focused when you deals with a human is your emotional intelligence or Emotional Quotient. This is your soft side Project Resource Management Processes Resource Ma...

Project Quality Management → Project  Quality Management Video Customer satisfaction, which is generally defined as conformance to requirements and fitness for use Quality is the fourth aspect of the most important triple constraint on any project. Project Quality Management ensures that Project and process remain on track and are progressing as per the baseline estimations and requirements. Project quality management involves the procedures and practices that are used to determine and accomplish the quality of the deliverables of a project. Quality is what the customers or shareholders require from the project deliverables. It is the degree to which a set of inherent characteristics fulfils requirements, decrease rework/costs, increase productivity/stakeholder satisfaction. It encompasses all the activities that determine quality policies, purposes, and processes in an organization. Project quality management uses guidelines and strategies to successfu...

Project Cost Management → Project  Cost Management Video The Cost Management is among the most crucial project management knowledge areas and strongly connected with the Project Schedule Management as we will be using the same estimation techniques we have used there to estimate the cost and eventually budget. Cost management should happen as early as possible in the project as it sets the policies for may other areas which deals with the costing on the project. All activities require a budget to be allocated to purchase tools, materials, and to cover human resource cost. There are multiple activities involve in a project that requires a budget to be allocated. This knowledge area is related to the management of the expenses and the budget of the project. It cannot happen in isolation – the project manager needs input from the project team and key stakeholders. The process includes scheduling, estimating, budgeting, sponsoring, funding, handling, and monitoring c...

Project Schedule Management →  Video on project Schedule Management Defining an effective Project Schedule, is this an art or Science? Through Project Schedule Management process we are estimating the future, something we have no control over. A key responsibility of project managers is to create a practically feasible project schedule. Prior to the execution of the project, the project manager needs to identify attainable project end date. Schedules are fundamental to the control of the project and you should be proactively working on getting a workable and realistic Project Schedule. A project is made up of many activities, with a start and end date, so the project can be completed on time. These dates are affected by the availability of the resources, which are not abundant and free at will, therefore their availability needs to be documented in order to successfully plan those tasks. So in short to achieve good estimates we will decompose High-level requirement...

Project Scope Management →  Project Scope Management Video Project Scope management consists of the process of defining the required work and making sure all the tasks are competently completed on time. A scope management plan must include a thorough procedure of scope determination, supervision, and control. For this purpose, the project manager seeks endorsement on a well-defined and evidently articulated scope. To identify scope, all requirements must be collected from stakeholders. You may have two different opinions on the change management of the Scope. This depends on the methodology you are following; Adaptive, where the change is welcome or WaterFall, where changes are generally not welcome or at least not taken positively  This knowledge area deals with multiple types of Requirements; Business Requirement Stakeholder requirements Solution Requirments consists of Functional and Non-Functional Requirements Transitional Requirements To make sure that yo...

Project Management Knowledge Areas - PMP/CAMP (PMBOK 6) Project Management is a large and complex field and it sometimes becomes difficult to comprehend it in totality. Project Management Institute, PMI covers this vast field of Project Management knowledge by diving it in 10 Project Management knowledge areas and 5 Project management process groups in the guide Project Management Body of knowledge (PMBOK ver 6) The two categories are the backbone of the PMBOK Guide (Project Management Body of Knowledge). Project Management Knowledge area deals why are we doing process whereas Process Groups in Project Management deals when are we doing any process The 49 processes divided into these 10 Knowledge Areas or in 5 Process groups are interconnected processes and cannot be performed in silos. I   S aw S illy C ats Q uietly R eciting C arols in a R eally P oetic S cene The Process groups are as follows; ♣ Initiating ♣ Planning ♣ Executing ♣ Monitoring and Con...

Project Integration Management →  Integration Management Video Unlike most project acquaintance areas, which commonly deal with a particular extent of expertise of the project manager, the Project Integration Management from Project Management Knowledge Areas is something you may call “catch-all” and making various processes work together. It comprises of many of the regular actions of a project manager that keeps the project together and well coordinated. Project integration management is an efficient way of making multiple processes work together and keeping the equilibrium between them. It takes up the several processes involved in a project and makes sure that they are well-coordinated. The management process accomplishes this by making trade-offs. This means that you can’t have the whole thing if you want to get the project finished on time and within budget. This is a customary procedure for any project manager.  The alternatives are required to meet the compet...