PM Best Practices for High Quality Standard & Delivery

The PMI (Project Management Institute) is an international organization dedicated to the certification of projects in management, direction and development. Its standards and certifications are recognized in 180 countries and it has nearly 370,000 members around the world. Its task is, in practical terms, the elaboration of a common language when structuring projects, regardless of their nature, objectives, scope and other factors that condition their implementation. In fact, its action focuses on more than 30 sectors of industry and commerce, of which those of government, public administration and, of course, business, are especially relevant. In these three sectors, the majority of members that have been certified by the PMI are found. What are, however, the standards to make this certification effective? On what criteria is the PMI based to issue its guarantees?

Maturity for project management:

Companies are more or less mature depending on the level of learning they have learned from their experiences in project development. If each business plan has a solid basis for execution, it means that there is a corporate philosophy that has been incorporated into the fundamentals of organizations.

Program management:

This standard is measured in terms of the success of the projects and the practical sense of its managers to make the most of the resources available. The best results are not always obtained by those projects with the greatest resources.

Project risk management:

It seeks to identify and prioritize those threats or obstacles that companies could encounter during the execution of their projects. Once this is done, the next step is the search for solutions to minimize its impact.

Direction of earned value:

This standard considers it opportune to rescue patterns from the past to apply them in the immediate future. Basically, it describes the current situation of a project and helps to focus the site to which it is intended to be directed.

Project Configuration:

It talks about processes, tools and methods that project managers use when executing projects. But not only that: it also focuses on the elements that compose it and on the quantitative indicators that support it.

Time programming:

Time is a crucial element for the success of projects. This standard helps the configuration of calendars, deadline lines and other tools whose objective is the optimization of partial and total times according to the planned tasks.

Estimation of a project:

Companies comply with this standard when their corporate philosophy implements evaluation and analysis processes in the previous stages of a project. The central motto is only one: no improvisation and a lot of discipline in the estimation.

Development of management skills:

Directors or managers, in turn, must develop skills and talents to ensure the smooth running of their business plans. This standard refers to all those skills and attitudes of a good leader.