TRiple Bottom Line (TBL) The Triple Bottom Line (TBL) is a business framework that looks at economic, social, and environmental performance as key parts of sustainability. John Elkington, a British business consultant and supporter of sustainability, came up with the idea for the TBL in the mid-1990s. People sometimes call the three parts of the TBL the…
Predictive Approach The predictive approach is a method for managing projects that is based on the idea that a project can be planned and carried out based on a clear list of requirements, with results that can be predicted. In this method, the project manager makes a detailed project plan at the start of the project. This…
Risk In the context of project management, a risk is an uncertainty in a project. It can be positive or negative. Positive risks are known as opportunities and negative risks are known as threats. Risks can come from many different places, such as changes in technology, human error, natural disasters, or events that no one could have…
ByKailash Behera, MBA, PRINCE2®, PMP®
Communications Management, Cost Management, Human Resource Management, Key PMP Tools, PMBOK, PMP Certification, PMP Knowledge Areas, PMP Tools & Techniques, Procurement Management, Project Integration Management, Project Management Professional, Quality Management, Risk Management, Scope Management, Stakeholder Management, Time Management
Knowledge Areas There are 10 Knowledge Areas as per the PMBOK guide. Project Integration Management Develop Project Charter Develop Project Management Plan Direct and Manage Project Work Manage Project Knowledge Monitor and Control Project Work Perform Integrated Change Control Close Project or Phase  Project Scope Management Plan Scope Management Collect Requirements Define Scope Create WBS Validate…
PMP Tools and Techniques The Project Management Institute (PMI) recommends an array of tools and techniques for project management in its PMBOK Guide. It is advised that you know the basics of all the tools including where they are used. I have made it as brief as it can be possible so that you can find it…
