RFI, RFQ, and RFP in Procurement Processes
Category: Project Management
This section provides you with information about Project Management and some of the best practices from the IT industry I have learned.
What is Request for Quotation (RFQ) and its purpose?
What is Request for Quotation (RFQ) and its purpose?
What is Request for Information (RFI) and its overview
Request for information
What is Request for Proposal (RFP), Its Significance and Process
What is an RFP in project management
PMP Process ITTO Game
PMP ITTO Game
Conquering Scope Creep for Successful Project Management
Total Views: 1,619 Scope creep typically occurs during the execution phase of a project, although it can also arise at any stage throughout the project lifecycle. If you are new to Project…
What is Schedule Variance and how to calculate it?
schedule variance
What is Earned value and how to calculate EV
Total Views: 1,675 Earned value (EV) represents the value of the work completed in terms of the budget allocated for that work. It indicates the budget associated with the completed portion of…
Project Organization and its Responsibilities
Total Views: 1,866 Project organization is a structure that facilitates and motivates coordination and implementation of activities of the project. In other words, Project organization refers to the way a project team…
What is DYNAMIC SYSTEMS DEVELOPMENT METHOD and its 8 Principles
Total Views: 1,827 As per the PMBOK 6th edition Dynamic Systems Development Method (DSDM) is an agile project delivery framework initially designed to add more rigor to existing iterative methods popular in…
List down the people you really admire and look for advice
Total Views: 1,789 List the people you admire and look to for advice… We always admire people and no matter how great you are, I am sure you may have a role…
A decision made in the past helped to learn and grow
Total Views: 1,768 Describe a decision you made in the past that helped you learn or grow. We humans are emotional creatures whether we agree or not There are tons of decisions…
About a time when you didn’t take action but wish you had. What would you do differently?
Total Views: 1,699 Write about a time when you didn’t take action but wish you had. What would you do differently? While everyone goes through this phase of life where I wish…
How do you unwind a Demanding Day
Total Views: 1,977 How do you unwind after a demanding day? 1. Jot down what good happened for the day (things could have been better too) 2. Take a long walk 3….
What are the most important QUALITIES AND SKILLS OF A LEADER
Total Views: 1,634 Here are some of the QUALITIES AND SKILLS OF A LEADER while leading people.
Managers are and can become great teachers too… Happy Teachers Day!
Total Views: 153,388 As managers/leaders, we need to be constantly aware of what is going on with the people we lead and project statuses across the board. Leaders do take a very…
What is a Hybrid team and how do you lead them?
Total Views: 1,708 Prior to covid19, some major companies did believe and follow the hybrid model, letting their team members work from home and offices. This was mainly because people needed flexibility…
How to build solid stakeholder engagement
Total Views: 2,367 Knowing your Stakeholders isn’t just enough, here are the steps to manage and build trust and relationships. More importantly how to build a solid stakeholder engagement. Before we get…
Interesting Project Management Software for 2022
Total Views: 1,645 Project management software helps project managers and their teams to complete stakeholder’s requirements and manage time, budget, and scope constraints. This business application provides benefits, especially if chosen correctly…
Experience is the one that sets you apart from others
Total Views: 1,729 Isn’t this sentence true? Experience is the one that sets you apart from others I was watching an interview today and this sentence just stuck in my head, which…
Why is Innovation Essential to your business growth
Total Views: 1,761 Irrespective of the event you are attending, you must have heard this word “Innovation” a million times. Every organization aspires to be at the forefront and Innovate consistently. Here…
What are the 12 Principles of Project Management and how to use them?
What are the 12 Principles of Project Management and how to use them?
When you burn your bridges, there is no going back
Total Views: 1,755 Everyone wants to explore and find better opportunities in their career span, some definitely look out for better roles and few for better salaries or package. However, there are…
5 different places where you can actually study
Total Views: 1,670 If you have decided to prepare for your PMP Examination then it is definitely a good decision and you will be proud of the journey you went through and…
Chasing Problems And Creating Value Out Of It
Total Views: 1,669 Chasing the problems to solve them on a daily basis is a common challenge as part of our daily work life. When you solve one problem, another appears, and…
What’s New in the PMBOK 7th Edition Compared to the 6th Edition?
PMBOK is nothing but the guide for Project Management Body of Knowledge and if you are preparing for the PMP exam, a book you must read to pass the exam.
Overview of Agile Manifesto and its Value
Total Views: 1,701 Agile is nothing but the ability to move quickly and efficiently in an uncertain environment (being Iterative & Incremental). In simple words, Agile is a mindset towards change With…
Working full Time and preparing for the PMP exam
Total Views: 1,751 Have you been planning for a while to take the PMP Exam? Are you not able to dedicate your time to prepare? Not sure where and how to get…
Build a strong foundation and togetherness within and your teams
Total Views: 1,923 Today I am going to touch upon a very important subject while you manage and build your teams. We cannot take the word “Culture” lightly while managing or leading teams Culture…
Here is why we should strive towards consistent learning
Total Views: 1,829 “I am still learning” – Michelangelo at the age of 87 The goal of a Project manager is to plan, organize and complete the projects on time, within budget…
Here is why coaching makes you a better Leader
Total Views: 1,851 Coach your people for tomorrow as the new skills are essential to produce financial and intangible benefits for your business. “Coaching is unlocking a person’s potential to maximize their…
What is an Operations Manual and its importance
Total Views: 1,734 it’s a massive important document for a business owner or a manager – but why? Wikipedia explains Operations Manual as well if you are seeing it for the first…
How to become a leader from a manager
Total Views: 1,643 have you ever accepted your manager as your Leader? let me start by asking, have you ever told someone that, I am really proud of my manager today? or…
Please focus more on your quiet employees
Total Views: 1,709 Usually managers admire and love their employees who work hard and sometimes it could be an extrovert who may get all the attention Do managers notice the ones who…
How To Build Magical Employees In Our Projects
Total Views: 1,682 How and why must we build magical employees in our projects Today, I am writing another sensitive topic about people “Magical Employee(s)” Well, everyone feels they work very hard and…
Staying in the same position for years?
Total Views: 1,694 Are you on the same position for several years, are you aware when you might be moving to the next role, or are you just waiting for it to…
How to handle the Challenges while managing resources
Total Views: 1,719 According to PMI, Resource management is the process of pre-planning, scheduling, and allocating your resources to maximize efficiency. If you are a leader or a manager your goal is to meet your…
What is Quarterly Business Review and its purpose?
Total Views: 1,759 Do you manage teams and responsible for their outcome and answerable to your customer and to your internal leadership directly? then you shall present a Quarterly review to your…
Tips when your team don’t speak same language
Total Views: 1,940 Imagine you are leading a team of executives who do not speak the same language fluently. How do you lead them towards success? While the projects are getting diverse…
Here is why we should Inspire Passion at work
Total Views: 1,675 The only way to do great work is to love what you do – Steve Jobs Every individual is unique and everyone holds a passion. As a leader, identifying passion…
Important Tools While Preparing For Your PMP Certification Preparation
Total Views: 1,849 With Projects becoming more obviously important and Project manager roles are one of the most aspiring positions today I am glad to know a lot of my colleagues and…
Who is PMI and What Certifications do they Offer?
Total Views: 1,809 Project Management Institute (PMI) is the world’s leading professional association for a growing community of millions of project professionals and changemakers worldwide. Shortly called PMI, it was Founded in 1969…