Wednesday, May 13, 2015

Fourth MBA Module: Project Management (Specialization)

I thought I knew about Project Management (PM) until I attended the first class of my fourth MBA module on PM. The course instructor is Dr. Ari and he makes us work hard! After weeks of perseverance and hard work, heaps of reading and trying to make sense of certain parts of PM, it's coming to an end this weekend. In the same tradition as in previous MBA-related posts, here's a short one on PM.

I've heard of WBS (Work Breakdown Structure), but this is the first time I really go deep into the subject I chose for my specialization. In an attempt to simplify the definition of WBS, I took the easy way out and all credit goes to Wikipedia:

I am also fortunate to have a boss (my new boss from the UK) that is a certified PRINCE2 Practitioner (more details here). I wanted a  different perspective on PM and he's so graciously given me lots of useful tips and materials to chew on when I asked him. Thank you, Tony D!

PRINCE2® (PRojects IN Controlled Environments) is a process-based approach for project management providing an easily tailored and scalable method for the management of all types of projects. The method is the de-facto standard for project management in the UK and is practiced worldwide.