Archive for the ‘PMI® Knowledge Base’ Category

Benefits of Professional Certifications

 Several survey results find that over 90% of respondents agree that, “Formal Professional Qualifications are valuable in terms of skills and career development.” Gaining a professional certification is a step that sets you apart – that benchmarks your knowledge in a recognized way.

Is it simply that you are more likely to get a good job in the first place by having qualifications on your CV? In which case what if you are already in a good job? Do you still need to think about taking further qualifications? We think you do.

Even if you are currently a skilled, qualified, and experienced expert there is no way you can know what is going to happen in your company, or in your industry, over the coming years. Your job may not even exist in its current form.

The truth is we don’t know what the future has in store for us, but we can rely on change to happen; so how do you future proof yourself and ensure that your skills are still relevant in five, ten or twenty years from now?

Everyone needs to invest in themselves, (or even better, have their employer invest in them) by taking training and becoming qualified in new or specialist areas. Find out about the latest innovations, skills and techniques; learn about the current thinking and new developments in various disciplines such as Project Management, IT Service Management and Governance, International Standards and beyond. Formal Professional Qualifications are an opportunity to be a driver of the new ways, to be a leader not a follower, and to design your own career path in the direction you want to take.

There are so many qualifications to choose from, and yet surprisingly, almost 40% of respondents to surveys think there is a gap in the market for more specialized qualification. That may well be the case, but it does lead us to ask the question, do people know about the depth and variety of business qualifications currently out there? Probably not.

If you care about your career and want to stay ahead of the game in terms of skills, take a look through the professional courses currently offered by Africa Value Solutions LTD (AVS) and find out about our extensive range of qualifications.

Have a look, make your choice, book the course, and take control of your career.

 LinkedIn URL:

https://www.linkedin.com/pulse/benefits-professional-certifications-wachira-reriani?trk=mp-author-card

Is my project too risky?

Start Course Now
 When identifying risks, it can sometimes feel like there are too many risks involved to successfully deliver a project’s objectives. The problem is, how do you know if you have too many risks and how should you deal with them?

There is no maximum number of risks for a project, particularly as projects vary so much in size, scope and value. The first thing you need to do is assess the size of the project. A small project may not be able to cope with a high number of risks where a larger project would not be held back. It is likely only small projects will be halted at this stage. From here, you need to grade the risks in terms of likelihood, impact and immediacy.

This will allow you to identify and concentrate on the major risks while also evaluating the overall level of risk facing the project. At this point, you can decide if the project is simply too risky or is acceptable, you may also find that it is acceptable but you need external help in the form of a specialized risk manager. You could use a risk manager just to get the risk load down to a reasonable size or hire them long term to mitigate risk throughout the project. Regardless of whether or not you decide to use external resources, once you have categorized and prioritized the risks, you need to minimize the threats and maximize the opportunities in each.

This way, you’ll be able to focus on the risks that need to be closely monitored. Using this system of grading risks, you can assess risks as and when they appear over the course of the project and make sure the level is risk is under control.
Start Course Now
We offer Management of Risk, which considers risk from strategic, programme, project and operational perspectives within an organization. Visit http://avs.co.ke/courses/m_o_r-management-of-risk

Help! I’m Taking Over a Failing Project

 What should you do when you take over a project that has been going wrong? One of our candidates was given a project and needed to produce a presentation for the Managing Director about the project in terms of where is stands, what went wrong and what his plans were to get it back on track. The previous project manager had agreed variables, timescales and a project plan but had off ill for two weeks with no contact with the client. Colin Bentley, former PRINCE2 Chief Examiner, offered this advice about how to tackle the presentation.

“I would have three parts to the presentation.

First would be the state of the project at the time the project manager went sick – was it on target, what if any were the problems, what was the state of open issues, risks, and what work was in progress?

The second would be the state now – same questions;

The third would be what you propose to do over the next period of time, maybe two weeks or a month. You would have to decide how long you need to recover any lost time or deal with problems and how long the Project Board is willing to give you to see any improvement. Of course, you may find that everything is going along nicely – but I doubt it.

I think you should also look at the state of the Project Plan, Business Case, current Stage Plan, the project organization and the way in which matters such as issue capture and analysis and risk management are being handled and make proposals if they are not following PRINCE2 guidance.”

Do you have any stories of taking over a failing project? Let us know how you dealt with it by emailing us at info@avs.co.ke.

Africa Value Solutions LTD (AVS) | Co-operative Bank Building | Suite 405, 4th Floor | Ngong Road | Ngong Town | Kenya.

Email: info@avs.co.ke | Website: www.avs.co.ke | Tel: +254 (0) 77 555 1119 | Skype: reriani

Africa Value Solutions LTD is a Subsidiary of Faida Ventures LTD

PRINCE2, ITIL,  M_O_R are Registered Trade Marks of AXELOS Limited in the United Kingdom and other countries.