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Is a Certification in Project Management Worthwhile?

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  Introduction "It is absolutely necessary to obtain certification!" "Certification is an excellent investment!" "While certification is nice, it adds little value!" "Eradicate the errant project manager by certifying them" "It is mandatory to obtain certification." There are far too many debates and positions on the value of certifications; what, if any, is reality? The reality is this: there is no consensus on the value of certification, at least in the domain of project management. How Much Do We Understand? What we do know is that there are numerous project management certifications available, including the PMP, RMP, PRINCE2, MSP, IPMA (four levels), CCC/CCE, PSP, EVP, and CPM certification . Additionally, we know that some are more specialized in a particular field, while others are more popular and valuable. Which is which and how are values defined? This is the point of contention. Several additional concerns: ...

A Comparison of Project Management Software and Spreadsheets

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  Spreadsheets are the undisputed king of project management support tools due to their ease of use and frequency of use. What are the advantages and disadvantages of these solutions in comparison to project management software? Which one is better, and when should you switch to project management software? While only you can decide when to switch, this article will discuss the advantages of each and provide some guidelines. The market for project management software is estimated to be worth between $1.5 billion and $3.5 billion, depending on which research you consult. That is for project management software that is purpose-built. Most organizations that have made significant investments in effective project management have recognized that managing a larger number of projects and people, or a larger project, without the assistance of technology is extremely difficult. Despite the fact that spreadsheets are not designed to be project support tools, there is no other tool for on...

Emotional Intelligence for Project Managers - A Luxury or a Must-Have?

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  If only it were as simple as scoping the project, developing a project plan, and tracking costs! Naturally, project management ( doctorate in project management ) encompasses all of those things, but it's also about relationship development, team building, influencing, collaborating, and negotiating, frequently in a highly complex environment. As my father frequently stated, if it weren't for the people, this job would be trivial! Until recently, the prevalent school of thought among corporate leaders was that an individual's IQ score is the best predictor of how successful they will be in the workplace, and that emotions should be checked at the door, as they are considered a hindrance to an individual's success. However, as a new generation of managers ascends to leadership positions, this mindset is changing. Emotional Intelligence is a component of this (EI). In 1990, Peter Salovey and John Mayer coined the term "Emotional Intelligence." Salovey define...

In the Capitalist Era, Islamic Finance

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  Money. Money turns the world on its axis, or, more precisely, in any direction you desire if you possess it. Thus, when it comes to easy money, boy, does it destabilize the world! Simple money - money earned without the usual sweat and toil associated with earning a living. Who, at the very least, would not be tempted? Society and its priorities shift in unison with the passing of seconds. Whereas morality and integrity were paramount in a distant past, society's priority today is amassing massive amounts of wealth. Why not, one might ask? If adding more zeros to a figure on your bank statement demonstrates a greater influence and dominion over the world, then why are you using the guilty conscience card against us? However, I argue, wasn't it us who established a direct correlation between wealth and influence in the world in the first place? You cannot honestly tell me that this has always been the case!  Wouldn't you agree that it's past time we embarked on an ...