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PMI, the governing body of PMP, had earlier announced that the Project Management Professional (PMP) exam change would be effective from 1st July 2020 has now extended the change deadline to 2nd January 2021. In every 3 to 5 years, PMI researches to study the changes and trends in the project management domain. They find out if the changes are impacting the functions of a project manager. The research is conducted by PMI and PMP subject matter experts from around the globe, and from prominent organizations. On 30th June 2019, the new PMP Exam Content Outline was published. 1st January 2021, is the last day to appear for the PMP exam before it changes on 2nd January 2021. If you have been preparing for the PMP exam along the current outline, you can even take the exam online. However, if you are planning to wait for the current economic slowdown to pass and take the new PMP exam, this article is for you. What are the changes? The current PMP exam is based on the five domains...

UN labor body has predicted a wipeout of 6.7% of working hours globally, equivalent to 195 million job losses. Over a million people have already lost their job in the USA alone, and the number continues to grow. Several experts and statistics had been indicating an impending economic slowdown from as early as February 2020. However, what is worst is that until the resolution of COVID-19 is identified and made popularly available, experts cannot even start to predict the extent, length, and depth of the recession that we are already in. Speaking on a very generic term, we can say that the asset market as a whole has crashed. TimesJobs’ survey named “Coronavirus & its impact on Jobs” suggests that: * 63% of people indicate that their work has undergone a significant change due to COVID-19 and the lockdown. * 33% of people mentioned that they had to put a hold on their business travel plans. * Among the worst-hit industries are the travel and tourism sector, along with sev...

What is Lean Six Sigma? Six Sigma is about improving quality and eliminating defects. The consolidation of Lean and Six Sigma has helped quality improvement in the organizations that have adopted the Lean Six Sigma methodology. Lean is about improving efficiency by removing waste; whereas, Six Sigma is about reducing defects or eliminating variations in the production process. When we combine Lean with Six Sigma, they help in productivity and customer satisfaction.   Six Sixma follows the framework DMAIC – Define, Measure, Analyze, Improve, and Control. This framework helps in understanding the root cause of problems. It also helps in implementing a solution that will solve the problem permanently. Lean Six Sigma is quite a powerful tool if you’re aware of how to use it. Some companies think Lean Six Sigma may not work for them, or the application of Lean Six Sigma could be a waste of time. This is because they don’t have complete knowledge of the Lean Six Sigma...

The Traditional Waterfall V/s the Revolutionary Scrum: Before we get into Scrum, let’s look at the waterfall method to understand how Scrum is different from the traditional approaches. The waterfall follows a lengthy and time-consuming process in developing a product. It goes through various stages, such as the plan, build, test, review, and deploy the final product. The waterfall model doesn’t shift to the next step without completing the previous step, removing the scope of overlap of tasks to optimize the process. Since project managers make all the significant decisions at the start, it takes months to complete the planning process, then goes for building, testing, and reviewing. As the final product gets delivered after a considerable lag, the final product often becomes partially obsolete by the time it is released. The process takes several years for a product to be ready after several times of back stepping into the process. Often, the development team begins working on...